Post by
rockminer56 on Feb 21, 2024 12:48pm
Iff- Almonty share value
I think it was also a very important issue to us as shareholders that Black mention there is still a disgruntled shareholder(s) from the old Sandong days that are unhappy and are selling stock (dumping?) Dundee gang or Berkshire?
That would mean that in the normal course of business the progress, development, financing, construction et al would have been favourably reflected in stock price taking it much higher , and its present low range is artificial. To me that is good news, as sooner or later the seller will have to run out of stock, and when that happens, the price will probably run considerably in a very short time frame.
Be sure to own the stock before that happens
Comment by
whoisyourpapa on Feb 21, 2024 3:47pm
I wonder if its still this seller that LB mentioned in an NR in september 2022: “As for the recent stock activity, I want assure all shareholders that the Company is on track, and we will make the third utilisation request shortly to KFW. We are aware of some unusually aggressive selling from a European based individual/group who is not part of our core group.”
Comment by
Gopherbroke on Feb 21, 2024 9:27pm
Was the time frame for the completion and commissioning of the plant push out again. He flicked past the slide to quick for me to see if was the same.
Comment by
1dollarinto2 on Feb 21, 2024 11:20pm
There is no change on the timeline reported on the slide in the presentation. The slide from the presentation today was identical to the the slide from the December presentation. The Sangdong project is under construction and the project timelines have not changed since at least the May 2023. I'm not sure on presentations before the May one, didn't look back any further.