Q: Almonty has had an awesome week. Can you comment on this rapid growth.
5i Research Answer:
Please also see this question for additional comments. The stock has nearly doubled since those comments not long ago. China has imposed export controls on tungsten, and this has made prices spike and non-China producers more valuable. The move may be temporary in response to tariffs, so it is difficult to say if the move will be sustainable. While it is a decent company with growing revenue, it does have debt and cash flow is negative. We do not like playing political games, and thus would be a bit more cautious on the stock today.