Cheers to 2024!!! 2024 Should be very exciting for Almonty.
I would expect a steady stream of news & updates coming from the company with everything it currently has going for itself.
- Next 2 IIFs are on February 21 and April 17th - at minimum these provide reassurance that things are progressing
- Additional drawdowns from the Sangdong loan facility. I estimate there must be 2 drawdowns left. Probably the next one in February/March and the last in May/June (assuming there are no delays)
- Pictures of the completed plant in S. Korea. At some point they will have to shaw us the actual plant I would assume. . .
- Start of Commissioning of the mine sometime in the beginning of Q3
- Start of processing the ore and actually selling the first Tungsten from the Sangdong mine
- Level 3 mining at the Panasquiera Mine slated for commencement in this coming February
- Deal with American Government for Tungsten from the Panasquiera Mine.
- Update to the the Moly reserves plus possibly an offtake?
- New announcements regarding the downstream plant including possibly offtake agreement, plus equity/debt financing.
- Other things we can expect to see is increase of the price of APT with Chinese import duties due to be lifted. Also, if it’s true that the price of Tungsten trails the price of Copper we are looking bullish. . .
With all this the stock price will inevitably follow. I’m predicting a new 52 week high for the stock sometime in March 2024
A happy and prosperous New Year to all of you on here, it’s a privilege to be part of this chat board with you which I will say again is one of the sharpest on stockhouse.
whois