Post by
1dollarinto2 on Nov 14, 2023 8:18pm
Financials and Drawdowns
Went through the financials, everything looks to me as it should, doing okay at their producing mine, Tungsten prices are pretty good, business as usual.
Good to see they requested a 6th drawdown, after September 30th, $13.685 million, bringing the total to about $55.785 million of the $75.1 million, or about 74% of the total funds. As Lewis said in his last presentation, as long as we are drawing down money Sangdong is progressing as it should.
For me, on the construction front, a picture would be worth 1,000 words right now, maybe a few more.
Comment by
whoisyourpapa on Nov 14, 2023 9:02pm
Looks good. I also see that they continue to successfully restructure their debts/loans.
Comment by
TechOne on Nov 15, 2023 1:57pm
Where did you see the drawdown etc. news since the earning release is pretty basic.. No additional information that I could find. Also looked at sedar.com.. Man, sedar has become so farking hard to use.. Almost useless..
Comment by
chizzles on Nov 15, 2023 2:03pm
In the MD&A "During November 2023, the Company filed an irrevocable Utilization Request for the 6th drawdown totaling US$13.7 million."
Comment by
rockminer56 on Nov 15, 2023 3:41pm
I'm like Tech One. I cant find the MD&A anywhere, same thoughts on Sedar. Where are you seeing it?? (MD& A)
Comment by
chizzles on Nov 15, 2023 3:45pm
It's really a pain lol. -It's now sedarplus.ca -Go to Search Sedar "All public disclosure documents" - on left side of front page -Go to "Search for Profiles" - Type in Almonty and click Almonty Industries Inc and "Search" -Scroll down and there will be all news releases, including MD&A -Click and enjoy lol
Comment by
whoisyourpapa on Nov 15, 2023 4:34pm
Yes Sedar is a mess to navigate now. I now access Sedar documents through ceo.ca they usually post a link in the chat for all sedar documents as they're released which just loads up a .pdf of the release. Super simple and clean. Thank you @chizzles for posting the instructions for sedar.com as I had not had the time to sit and try to figure that out yet. whois
Comment by
chizzles on Nov 14, 2023 9:10pm
Fantastic on the drawdown. Looks like it is also the most that they have taken in one request also. Things should be getting done.