RE:RE:RE:RE:Financing!!chrisp6712 wrote: Very few people know about this company. Less than 18k shares have traded in the US market today. We need the daily trading volume to be at least 5 million shares (TSX) on a consistent basis to see great share price gains. Now that the financing is secured the real story has started. There will be frequent updates and announcements. Listing on the Korean exchange will send share prices up substantially.
Lewis Black has done a fabulous job getting Almonty to this point. I look forward to achieving the levels of profits indicated by the 10 year pro-forma.
There is no reason this stock can't be at $20US by 2025.
$20 US? Where do you get that number from? Presentation shows 62 million USD cashflow for Sangdong by 2025. With another 40 shares of dilution to finish the rest of the financing that gets Aii to 202 million shares out. 62 million USD is roughly 80 million CAD. A 5x multiple gets the share price to 2 bucks