Have listened to Mr Black’s bullish predictions about Sangdong startup for 2 years now. I understand that banks move slowly but this delay means their capex of $75m will probably not get them to the finishing line given the incredible cost pressures in mining and inflation in general. In reality their capex is going to be $100-150 million. That is my 2 cents worth and I could be wrong.
all very bullish for tungsten price if Sangdong doesn’t start until 2024/5 at this rate.
my two tungsten plays are Group 6 Metals in Tasmania and Pilar Gold in Brazil.
Goodluck Almonty shareholders! Least you have a very hot tungsten price to bail you out from your production in Portugal.
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almonty industries inc.
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Last
$6.79 |
Change
-0.580(7.87%) |
Mkt cap ! $72.70M |
Open | High | Low | Value | Volume |
$7.10 | $7.10 | $6.70 | $1.163M | 171.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 50000 | $6.79 |
Sellers (Offers)
Price($) | Vol. | No. |
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$6.90 | 925 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 100 | 6.500 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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6.900 | 925 | 1 |
7.220 | 175 | 1 |
7.400 | 1000 | 1 |
7.450 | 5000 | 1 |
8.450 | 7500 | 1 |
Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
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