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Thursday, 02/19/2026 10:38:24 AM

Thursday, February 19, 2026 10:38:24 AM

Post# of 1852
Mark Smith did not intentionally paint IBC into a corner by authorizing $500K preparation at IBC for a Vacuum Furnace.
I predict material IBC news between now and June 2026 when the Lind dilution &/or payments would start. The company's recent internal capitalization of approximately $500K on preparatory infrastructure for a vacuum induction melting (VIM) furnace at its Franklin, Indiana plant is a clear sign of strategic investment and forward momentum, not desperation. This upgrade directly supports expanded production capabilities, including the ability to produce high-purity 0.20% Al-Sc (aluminum-scandium) ingots and billets at commercial scale, alongside its core copper alloys business.

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