RE:ALMONTY INDUSTRIES - TUNGSTEN GOES TO AUSTRALIAThe author seems to put more faith on the Moly deposit for Almonty future stock value.
I cant argue with that, but it does show a lack of knowledge or awareness on the key ingredient... "Tunngsten".
It must be very hard for some to put a Companies value stock price on something that is not up there with Gold and other well known commodities.
Excerpt :
." The Sangdong molybdenum deposit is also exciting, valued at today's prices, it would triple the total Almonty value on the stock exchange. "
This excerpt stumped me as to why it was even included in this article, but if you read the article after this it will all become clear. A long read but well worth it :
"Tungsten is also needed for many military purposes and can only be replaced by uranium in its applications."
https://www.bbc.com/news/magazine-28263683
Say NO to dirty bombs !
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