A few brief updates...https://www.caesarsreport.com/blog/almonty-industries-lists-on-the-otcqx-completes-sangdong-demolition/
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But Almonty’s case could be different. Considering the low capex of the Sangdong project, the appetite for tungsten in the region and the strong tungsten prices, Almonty does have a good shot at effectively completing a non-dilutive financing. We would imagine a tungsten concentrate prepayment (with a small discount on the current tungsten price) would take care of the equity portion of the financing. If that’s indeed the case, Almonty is ready for its next growth phase.