Waiting waiting waiting for Sangdong

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.