Almonty Industries Inc T.AII

Next 30 days - Will, Should & Could

[whoisyourpapa]

In the next 30 days we WILL GET. . .

 

The 10 IIF on February 21.  This usually reassures that thing are progressing at our mines.

 

We SHOULD GET. . .

 

An announcement regarding level 4 construction at the Pana mine.  It was previously stated that construction would commence in Feb 2024

 

News on the next drawdown.  Last one was November 21 and there’s previously been 3 - 4 months between drawdowns.

 

We COULD GET. . .

 

An announcement of a deal with US government regarding supplying Tungsten from the Pana mine.

 

An update on the Moly reserves.

 

Possible uptick on the price of APT after the Chinese New Year.

 

Update on the downstream plant.

 

I also feel like a financing is in the works so we could get news on that.

As always just my thoughts. . .

whois

[GastownGuy]

there always seems to be a financing in the works. they seem to do a heck of a lot more financing than they do mining

[whoisyourpapa]

Financing announced.  Feelings are just that and don't mean anything but I wasnt off on this. . . whois

[TwelveBagger]

  What is the general consensus on this financing news on the forum? 

[chizzles]

Insiders have a lot of involvement which is exactly what I want to see. During times of silence this is how we know that all is still going in the right direction.

[QuarterDollar]

Insider involvement is good to see as it is better than going to the trough to get the funds. But the fact that they had to raise money means they don't have much in the bank. On a positive note, they are moving forward on further development because there is strong interest.

[corton68]

They're essentially a development company until Korea opens. KFW money is project finance money and for Sangdong construction only. Anything additional outside of normal earnings will have to come from outside but if it's insiders funding and it's driving growth for all of us while they also build Sangdong I can live with that all day long! 

[TradingKiwi]

I think we already knew money was tight, so no surprises there.   Two key things in my mind.  1)  Insiders have access to onstie progress first hand walking around, Sandong can't be too far away from project plans.  They would be well within their rights to release a "bad news project update" if things weren't going to schedule (lower the SP) then raise

[chizzles]

They are for sure getting the funding cheap. There is a large shareholder getting out that is pushing the SP down, but then insiders are financing at these cheap prices, which I'm ok with as we need the funding for "accelerating the downstream project planning and further investigation of the Moly due to increasing interest in the material domestically." Which to me, is really

[TwelveBagger]

  Is there a universe where insiders could have been keeping the price down for the sake of this financing round and now the brakes are officially off? Or am I reaching on that thought? Very exciting times ahead either way! 

[whoisyourpapa]

Yes!!!  In my opinion that universe totally exists.  I think we'll start seeing proof of that this coming week. They'll probably take out the seller from velocity or maybe that ask will dissapear.  We shall see. . . New 52 week high this month?  Here's hoping! whois

[chizzles]

I 100% agree that universe exists. Now, lets get this out of the way: It is also anticipated that the Company will close on one or more tranches of CDN Units of which, it is expected that Lewis Black, CEO of the Company, Andrew Frazer and Mark Trachuk, both Directors of the Company, and Andrew Ryu, VP of Almonty Korea Tungsten Corp., a wholly-owned subsidiary of the Company, will participate in

[cubesoftungsten]

Ask is still there as of this morning. 100k @ 0.63.

[corton68]

yep someone continues to play games. im guessing almontys success is painful for them hence their actions but we'll soon blow through them despite their best efforts. cant stop a rising tide

[cubesoftungsten]

10.6k volume a day won't make much of a dent, we need volume and for that we need some attention from more than just a handful of insiders.

[TwelveBagger]

Bit of a dog day. Anticipated more "pop" today. Reminds me of the Dumb and Dumber quote "I expected the Rocky Mountains to be a little rockier than this" 

[corton68]

Velocity trying to rattle anyone looking. We get through that and we're clear

[chizzles]

Anyone have level 2? How does it look behind that wall at $0.63?

[whoisyourpapa]

46K shares for sale to $1 but its pretty meaningless as it could change at anytime and most certainly would if the share price was to start moving up. whois

[cubesoftungsten]

Seems the wall @0.63 has been replenished to 100k shares.

[corton68]

the games continue....

[whoisyourpapa]

Unfortunately yes the games continue which is annoying short term but irrelevant long term. PS we should get year end financials lather this week. . . whois

[TELEMARKER]

May eta imo 12 May, 2023 Almonty Announces the Filing of its Unaudited Interim Condensed Consolidated Financial Statements and MD&A for the Three Months Ended March 31, 2023

[cubesoftungsten]

Checked the L2 this morning, wall is gone!

[whoisyourpapa]

If the seller is our European guy they might be back tomorrow as they take it pretty easy in Europe on Easter Monday

[TwelveBagger]

Has the wall returned?

[cubesoftungsten]

Yes. I guess this confirms its a European seller.