Comment by
5ilverlining808 on May 10, 2024 12:47pm
Could be $400 in late September ? Great at the moment for the other two Almonty mines. Plansee will be watching this very closely, as the $230 minimum floor price is rapidly moving up mostly due to wars, which stinks on a humaine sense. How far can the APT price go up after Sangdong ramp up ?
Comment by
whoisyourpapa on May 10, 2024 1:58pm
$400 by Septemer would be great timing gor the Sangding mine. I guess with Plansee being the biggest shareholder of Almonty theyre well hedged against the higher price of Tungsten. . . whois
Comment by
whoisyourpapa on May 10, 2024 2:03pm
I should also add that whatever the price of Tungsten Plansee just pass the higher cost to the end user by raising their prices
Comment by
corton68 on May 10, 2024 2:31pm
but with so little tungsten used in the end product higher tungsten prices have a negligible effect on end product prices - this is one of the huge upsides of tungsten - it’s not price driven but availability of supply driven