GBE globe metals & mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

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    Further Kanyika Project development milestones are pending
    Globe has informed the market about both upcoming and longer-term Kanyika deliverables,
    along with their expected delivery dates in our recently released Investor Presentation3
    :
    • critical funding discussions with strategic investors, debt financiers, and off-takers;
    • off-take discussions and agreements;
    • complete the update of the FS (March/April 2025);
    • Board approval to execute the Project (H12025);
    • execution of the Project in H2 2025;
    • Malawi-based Mine, Concentrator and Refinery construction Phase 1 (15 months of
    construction);
    • Phase 1 commission and production (H1 2026); and
    • Phase 2 commission and production (H1 calendar 2028).
 
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