Post by
TwelveBagger on May 13, 2024 7:33am
New Week!
Good Morning Fellow Future Rich Almonty Holders!
I have asked this question a couple of times but can't recall having an answer.
We see that Tungsten is increasing in value to the tune of $358 USD per MTU. How many MTU is Sangdong expected to produce in a year at Phase 1 and Phase 2? How does that production compare to their existing mines? Trying to get a sense for what the value of the business could be when Sangdong is producing, without the consideration of the Moly. So many businesses are valued on a 2x revenue, 5x revenue basis - it's hard to fathom the valuation of a 99 year mine stacked with rare resources.
also! How's our chart looking today?
cheers
Comment by
whoisyourpapa on May 13, 2024 9:14am
Bid & Ask jumping around back and forth between .63 & .64 this morning. Ttheres around !M shares on the bid from .57. Should get a good chunk of shares trading right at the open
Comment by
corton68 on May 13, 2024 9:24am
Telemoron making his move.......hope he leaves some scraps for us mere mortals!
Comment by
5ilverlining808 on May 13, 2024 10:40am
I dont think he can even afford to try and short anyone. All his pennys have been spent, and the cookie jar is empty. Sorry Mom.
Comment by
corton68 on May 13, 2024 10:44am
she'll be furious when the gas bill comes....