SP Angel Morning View: Lithium carbonate prices rise in China as refiner sentiment improves

SP Angel Morning View: Chinese GDP hits official target despite 20% fall in new housing starts and falling property prices

SP Angel Morning View: China industrial output growth of 6.6% leading copper prices higher

SP Angel Morning View: Markets await key US inflation data this afternoon

Hybridan Small Cap Feast - 10 Oct 23

10th October 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment obje

SP Angel Morning View: Gold prices hold higher following US Treasury rally cautious Fed and safe-haven appetite

SP Angel Morning View:China's 2023 growth targets disappoint base metal traders

SP Angel Morning View: Gold and copper prices continue to rise as US inflation slows

Caledonia Mining* (CMCL LN) – Blanket mine delivers almost 20% production increase in 2022 First Quantum Minerals (FM CN) – Progress on Cobre Panama Griffin Mining Ltd (GFM LN) – Q4 Results and Full Year Production 2022

SP Angel Morning View: Canada orders Chinese companies to divest stakes in Canadian listed lithium businesses

Griffin Mining Ltd (GFM LN) - Caijiaying Mine to return to full production on Monday 7th November KEFI Gold and Copper* (KEFI LN) – The government announces a surprise truce with TPLF Power Metal Resources* (POW LN) – Increasing interest in Molopo farms Tembo Gold (TEM CN) – Tembo Project drilling results

SP Angel Morning View: Risk sentiment pulls back on Chinese leadership reshuffle and weak economic data

SP Angel Morning View: Lithium prices extend gains as supply concerns regain market focus

Alara Resources (AUQ AU) – Al Washi-hi Majaza mine construction progress Anglo Asian Mining* (AAZ LN ) – 50k share bought back in the market AngloGold (ANG SJ) – Agreement to acquire Nevada properties for $150m cash Aura Energy* (AURA LN) – CEO appointed Gemfields Group (GEM LN) – September auction yields $33m in sales Griffin Mining Ltd (GFM LN) – Production shutdown on cessation of explosives access in lead-up to CCP's 20th Party Congress Renascor Resources* (RNU AU) – Renascor executes

Alien Metals - Hancock Project, Mining Lease Granted

Alien today reports intraday that the Western Australian Government has granted a mining licence for the Hancock iron ore project for a 21-year term. The granting of the mining licence is the latest milestone delivered by Alien as it advances the project towards development and production.

SP Angel Morning View: Gold resilient as US interest rates climb on long-term inflation concerns

SP Angel Morning View: Copper prices hit $9,700/t as China smelts concentrates for zero charge Tc/Rc

I3 Energy (I3E LN) - Canada royalty assets sale

I3 has announced the sale of the majority of its royalty interests in Canada, for US$24.8m cash. This allows the company to fully repay amounts drawn on its debt facility and create a working capital surplus, giving I3 significant additional funding flexibility going forward

SP Angel Morning View: Global Li-ion battery demand reaches all-time in Q1 2024

Challenger Energy (CEG LN) - £1.5m strategic investment in Challenger

Challenger has announced a £1.5m investment in the company from investor Charlestown Energy. This now allows Challenger to be fully funded for the foreseeable future as it works towards closure of its significant Uruguay farm out to Chevron, and the US$12.5m cash payment to be received once this is achieved.

Enwell Energy (ENW LN) - Q1 2024 update

Enwell has released its Q1 2024 update, showing ongoing production and limited natural decline versus the previous period, alongside further cash generation.

Jubilee Metals - Operational Update Q3 FY2024

Jubilee today reports its Q3 and third quarter operational results from its expanding operations in Zambia (copper) and South Africa (chrome and PGM). South Africa is on a growth trajectory with record chrome production of 409kt in the quarter (Q2 FY2024 381kt) and a monthly record in March of 145kt and production YTD of 1.13Mt (0.94Mt). Jubilee is well underway to its annual target capacity of 2,1Mt/yr especially with the new 300kt/yr chrome plant at Thutse expected to be operational in August

Tethys Oil AB (SSE: TETY): Increasing further the size of the prize

• The South Lahan area on Block 58 is estimated to hold 55-523 mmbl prospective resources (P90-P10 case) with a mean case of 251.8 mmbbl prospective resources across six prospects in the Ara Carbonate. • Combined with the previously disclosed prospective resources of the Fahd area in the north-eastern part of Block 58, Tethys Oil’s unrisked recoverable prospective resources on the block are estimated to be 435.9 mmbbl (Pmean). • The geological chance of success ranges from 6% to 11% for the six