RE:RE:RE:Issue of incentive stock optionsInteresting observations .. Low volume is an issue specially given the low % free float ... non insider. It is also quite a unique situation.
One of the reasons for low volume is because the funds are not playing in this stock . institutional investors .. part of the reason for this is the low volume .. can't get in or out easily with any significant amount of money..
This kind of thing is a problem with small caps ... of which Almonty has always been .. up until a few days ago when we "Officially" got the cash ..
Now we are in this position .. with something like 50% of our market cap in Cash .. and a Big new mine coming online in 12 months time .. ramping up production quickly .. super low cost production .. and knock on wood .. if Tungsten maintains these high prices .. we are talking serious mid tier status.
this is a very short timeline .. at some point something has to pop .. institutional investors starting to sniff .. does not take much volume to pop this thing up .. hard to see much downside risk
If you take away everything I just said .. you are still left with Panasquiera doing 4 cents a share .. a PE of 20 or so on that basis alone .. which is high .. but not uber ridiculous
The next quarterly earnings will be interesting .. Portugal/Spain could easily suprise as APT prices have remained high .. With the cash finally unleashed .. progress updates should not be long in coming .. Black has been good about such things.
So .. Captain Black is at the Helm of the Ship .. and despite some dilution of his stake .. his balls are still on the line .. Balls deep in this company ... which is something unusual ..
From a Technical perspective .. with an Elliot Wave Twist. We are right at a critical juncture - should be resuming second wave up in the cycle .. easily seen by looking at 5 year chart. Next wave up shoud hit around 180 .. hoping .. anything over 150 would suffice for next wave up
Everything on edge still not knowing which way economy will go .. but if predictions of 4-5% overall demand growth per year are any way correct for next couple years .. good chance we could see Tungsten to much higher. .. can't imagine all this war spend is doing anything but helping .. US considering this new weapon "Rods From God" worth checking out for a giggle. pure tungsten rods reigning down from heaven .. devastating .. but hugely expensive.