AII almonty industries inc.

Waiting waiting waiting for Sangdong

  1. 1,301 Posts.
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    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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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

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No. Vol. Price($)
1 50000 $6.79
 

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Price($) Vol. No.
$6.90 925 1
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Last trade - 16.10pm 18/07/2025 (20 minute delay) ?
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