Materials Shares Split as Resource Gains Meet Cash Warnings

• Mamba Exploration surged 86.84% after a $6 million placement and a new strategic investor.
• Develop Global fell 18.23% as investors weighed a large FY27 construction budget.
• VBX dropped 18.05% despite a 143.2Mt bauxite resource, as cash fell to just $301,208.
• Brightstar Resources rose 17.09% after nearly doubling its Two Mile Hill resource.