Ok, please allow me to initiate some of that constructive dialogue
Firstly, congratulations to all Almonty shareholders for making a $ on the rising share price. You have had all a great ride over the last few months with market cap rising to somewhere around $600M
Meanwhile, EQR, with an official "BFS published" NPV of $311M based one only 20% of their known resource, languishes, at the behest of a fickle market, at a mere $104M. And meanwhile with the Saloro mine profitable, Mt Carbine starting to get into the high grade stuff, both are delivering NOW into the appetite of USA, Europe and Asia and with at least 5 offtakes in place for a whopping $200M odd over the next 2 years.
So what do you have on your hands now, with a hugely overpriced Almonty and a hugely undervalued EQ Resources ?
You have an opportunity ? In fact, if indeed you are an avid follower of the tungsten market and truly believe the APT price is very close to going galactic, then you have a HUGE opportunity.
Savvy investors, would capitalise on such a huge opportunity as this by taking out their profits (or at least some) from their run on Almonty (the overpriced" and redirecting to EQR "the undervalued" - WIN ! WIN ! or elsewhere. (DYOR on that)
Of course its no skin off my nose what you do - quite frankly I would have liked to have participated in that Almonty run but I am a long term sort of investor so I am more than happy to ride this one to the glory days with EQR.
You must admit that from a "true supply" perspective, EQR have really rolled up their sleeves and are getting on with it, mixing it with a few big and long term players and delivering, RIGHT NOW, into hungry markets across the globe - guaranteed for 2 years +.
Meanwhile, Lewis Black is sitting in the corner blowing up his "marketing balloon" which is getting thinner and thinner and Almonty is two years, yes two years, away from steady stable supply to the western world.
Dont squander an opportunity - at the very least recognise that the market will eventually correct itself - dont leave it till that balloon bursts and your profits disappear. Crystallise what you have regardless of where you redirect.
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Ok, please allow me to initiate some of that constructive...
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Last
$5.42 |
Change
0.070(1.31%) |
Mkt cap ! $62.65M |
Open | High | Low | Value | Volume |
$5.37 | $5.42 | $5.16 | $201.7K | 38.55K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1300 | $5.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.70 | 155 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1300 | 5.300 |
1 | 547 | 5.260 |
1 | 3751 | 5.220 |
1 | 50000 | 5.210 |
1 | 5000 | 4.000 |
Price($) | Vol. | No. |
---|---|---|
5.700 | 155 | 1 |
5.750 | 200 | 1 |
6.500 | 5000 | 1 |
6.700 | 2000 | 1 |
6.900 | 2000 | 1 |
Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
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