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Eqr resources listed in Canada recently received funding for over 100m dollars from USA to get their mine going but I don't think they are shovel ready. Currently same EV as Tun. I believe this to be worth at least 150m EV in this current state even without funding news.

Word of advice: don't sink your inheritance on one single gold miner....no matter how good you think the story is 😂😂

Cheer up gingy. Patience is needed here. If you've invested 6 months ago you would should be up 266percent!!. A half decent amount at the start would have been life changing by now. You can't get massive green days everyday. Don't get too greedy now. 😉

Over-Hyped? You've got to be joking.

Almonty, whose shares are up 10% today, is valued at 1.2 BILLION CAD (equvialent to roughly 600M GBP). I expect this to be trading around that price once everything is live. It is severely undervalued and not many will understand it until the share price triples after funding news is announced. You can get in when everything is confirmed I guess but you will have missed a large chunk of appreciation.

Dipping in here since Mr Market has given us a big discount today. Only managed above 11p though. Was hoping for 10p lol

Gingy market makers shaking hard to get shares. Sit back and relax. The only time to worry is if the government blocks the reopening of this mine, which seems impossible...

Lads, you need to ramp harder. Only 130 comments. Poor effort! Share price sliding as a result 😂

Billy you are going to regret that. You are looking at price and forgot to look at the value here....

This would reduce risk of a huge fund raise.

I think ev here is worth 1 billion once up and running successfully. If they can keep total number of shares under 500m you are looking at around two quid a share. One can dream.... 😂

How many comments are coming in today to try and prop up the share price then? 400? 500? Lmao

Yeah agreed. Confirmation of funding is all we need here. We have a pretty much shovel ready world class tier one asset priced like a junior miner. Quite remarkable really.

I'm invested In great southern copper gscu too and Sam is going to take probably five to ten years to get that asset proven and into production. The valuation here isn't that much more than a junior copper miner. The market throws up real bargains sometimes.

Almonty already up 11 percent. If there is no major share dilution this will be much more than a ten bagger. I am guessing at least a five to one dilution.

Funnily enough this mine is majorly derisked because the capex outlay already. The biggest risk here is bird brain Miliband and Rachel from accounts wacking a huge tax on it like North sea oil. Fingers crossed 🤞

Share price action suggests someone in the know has news. Just not released to public yet. Loading up here in anticipation.

EV still below 100m. Almonty over a billion cad. Funding news and this doubles overnight

Its definitely going to be a component of government loan, maybe US, UK and EU all combine. It sounds like everyone wants a piece of tungsten atm.

I expect this to ten bag once it is up and running. This resource is massive, one of the worlds largest and 300m have already been spent on it so the Capex requirements to get things going here are tiny.

190 comments and shares still dropping 10%. It seems ASX listing hasn't helped here! lol smh

Some real dumb comments on here this morning.

Sam is working on a shoe string budget, 250k for stage iii drilling to prove an asset worth a billion is a great ROI. The warrants here will get dripped in until a JV is confirmed or the asset can be sold on.

There will be plenty of selling pressure when warrants are in the money but that's the nature of the game at this stage of discovery.

What a waste of energy

Sam needs to find some deep pockets to fund this. You can't keep issuing new shares to get assets of this size and quality to market. Fingers crossed LTH.