Maybe you should spend less time on Almonty and more time...

Maybe you should spend less time on Almonty and more time understanding the financials here. As I said only a couple of weeks ago.

"Again the quarterly shows they burnt (negative cash flow) of over $5.3 million. That adds to the Debt| \ Liabilities. At some point creditors like Golding are going to need to be paid."

Oh and not listening to the fair tales from posters @ploncka and @gtc61. It's going to be fascinating to see there positive spin on 1/2 a billion more shares at 3.5c.

Just like @scottm with "The price is below where they wanted it, but the sell down last week forced them to set the price here."

Even with the price of tungsten flying, the low share price is because of EQR management and the the sell down was likely from holders on the "chairman's list" that "guessed" there was a cap raise coming and now get to buy shares at the lower price.

Oaktree is also taking full advantage EQR missed delivery (just like they did with Ormonde) and have there hooks well and truly into to EQR now.

Also no money for MC expansion, so guessing it stays on hold until they get an answer on the US funding. Without that they will be looking down the barrel at 4 billion on issue.