GBE globe metals & mining limited
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Ann: Globe signs pre-development funding Term Sheet for Kanyika, page-5

  1. cudeco1
    3,012 Posts.
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    04/12/24
    15:37
    Post #: 76916025
    Hi Capped,
    The Malawi holding company is the Malawi entity that the mine is controlled under fully owned by GBE. It will operate the mine and pay royalties for ore at mine extractions. While GBE will own both that entity and control the refinery also, adding value to the ore once refined to oxide.
    Hope this simple answer helps.
    SP needs to move north before they exercise under any circumstances.
    GBE Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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