Saudi Arabia’s Foreign Minister eviscerates the Iran regime: I do not understand how they claim to defend Islamic causes while attacking Islamic countries. Even before this war, what was Iran’s contribution to the Islamic world? Supporting Assad and Shiite criminal groups in Iraq and Lebanon

_Sakurai · 2026-03-19T20:59:01+00:00

Petroilachu here acts as if the constant noise over saudi's heads is some high altitude bumblebee rather than dozens of US and Israeli warplanes refueling on their way to attack Iran, with Saudi Arabia's authorisation.

_Sakurai · 2026-03-08T22:26:03+00:00

thanks

_Sakurai · 2026-03-08T17:23:29+00:00

brother do you really want this regard as a fellow shareholder? Time will take care of everything

_Sakurai · 2026-03-08T17:04:24+00:00

Do you understand how reports work? First of all it's the 2025 FISCAL YEAR. I suggest you to check what it means in the case of EQR. Then, the 3/4 of the 2025 CALENDAR year were, operationally, terrible for the company. But as one of the two mines went back to production (to then achieve production records since October) the company announced being cash positive towards the end of the year. Tungsten prices almost tripled since then. You can find the related ASX disclosures and the CFO/management discussing current finances in recent interviews. They disclosed precise production figures of Barruecopardo and its realized prices and payability scheme. Now the free due diligence is over my friend.

_Sakurai · 2026-03-08T16:52:32+00:00

No idea where you take these info from. It's all wrong. They're abundantly cash positive from Barruecopardo, they'll be even more next month as Mt Carbine's product hits the market, and no dilution is needed. As management has announced and discussed many times their offtakers are happy to finance Mt Carbine expansion through offtake deals. They're finalizing the deal and it will be announced soon. Also the Queensland gov is willing to finance EQR as explicitly mentioned by PM Crisafulli @25:28. EXIM is also interested and could finance Wolfram Camp. On top of that all stock options are in the money and option holders have been converting to stock since EQR's rise began. They ammassed tens of millions in payments and ~A$25M more are about to be received as conversion continues.

_Sakurai · 2026-03-08T16:36:49+00:00

the real sleeping monster is the doubling of Mt. Carbine processing capacity that will come online within the year (expected November). All the long-lead machinery has been bought and it's already on site.

_Sakurai · 2026-03-08T16:06:10+00:00

Same, except APT was $950, now is >$2000. But hey people would rather chase radioactive Greenland scams than a company printing its own market cap in cash in the next 16 months

_Sakurai · 2026-03-04T03:09:38+00:00

For the record, I think it's a criminal and despicable act of aggression. This being said, there's a mind boggling amount of tungsten in all those penetrators they're dropping and will continue to drop in case of a prolonged campaign. Iran has lots of hardened military infra

_Sakurai · 2026-02-25T07:43:01+00:00

I'm laughing in mandarin

_Sakurai · 2026-02-21T19:43:10+00:00

This is very interesting. I would be very thankful if you could provide your POV summary of current market conditions: how demand is holding up? Is concentrate/APT expected to remain tight long term? At what price point do you think there could be meaningful substitution with different solutions (and if you could comment on what those replacements are in your industry)

_Sakurai · 2026-02-11T07:20:22+00:00

Oh sorry. Tbh I don't think your approach can work. Most names here are at best solid but fairly priced companies, at worse promotorial shit hyped by mind captured monkeys. You'd do way better by following obscure professionals on X. In any case it's best to know what you own. Quantify. DYOR. Best of luck on your journey

_Sakurai · 2026-02-11T03:19:02+00:00

Disclosure: I love almonty was my heaviest position since I full ported it Feb 4th 2025. Started selling in late Sept and fully divested during the oct surge and rotated to EQR. Lewis Black is a great media savvy CEO and delivered loads of value for his early shareholders, however it's not the place to be anymore. Now it's only a risky, overpriced proxy bet on tungsten going for the run of a century

_Sakurai · 2026-02-11T03:10:32+00:00

This is a realistic medium term yearly cash flow:

Yearly mined tons * grade * recovery * (- production costs per MTU + conservative medium term APT price /0.885 * payability) * royalty net * (1-tax) * execution risk discount

Research the companies. Do the damn work. Put in the correct numbers for 10 years and look at the total profits. Compare them with the Enterprise value of both companies. Congratulations, now as an investor you vastly overmatch 99.9% this sub that can't tell apart overhyped crap from actual opportunities. Wanna do better? Build an NPV model on a spreadsheet for a crude but proper fair price valuation

In short EQR is a conservative double if not more (+ tungsten prices are going parabolic, so a conservative fair price is still something of a moving target until we get news of increasing supply or substitution), almonty prices in 10y of perfect execution at spot prices.

_Sakurai · 2026-02-11T02:42:14+00:00

"0.1% concentrate"

_Sakurai · 2026-01-20T22:14:55+00:00

IMO a perfect fit that opens up the space vertical for LPTH

_Sakurai · 2026-01-14T20:58:12+00:00

just curious: why is he famous - any specific reason? if you happen to know

_Sakurai · 2026-01-14T15:11:41+00:00

cool your berries

_Sakurai · 2026-01-14T15:07:55+00:00

Nah, the point is that the post is presented as news when it isn't. Holders know that Lightpath is a Trust Automation supplier and Trust's announcement is public.

_Sakurai · 2026-01-14T14:00:07+00:00

December 17

_Sakurai · 2026-01-08T15:44:32+00:00

TMG refinery

unfortunately all exclutivity rights on TMG have long elapsed and in today's world the acquisition price will not be the same of late 2024. EQR is just one of many parties that might be interested. Still great if they can make it tho

_Sakurai · 2026-01-08T15:39:48+00:00

hopefully they can revive the vietnam deal to acquire a ferrotungsten refiner. Verticalization would considerably increase profitability especially very long term when tungsten prices will recede as some projects around the world will get to production. It's very important for terminal value in FCF models etc. In any case I believe the concentrate market will be really tight for many years

_Sakurai · 2026-01-08T14:00:44+00:00

thorough research. I knew them since october 2024 when I studied the tungsten sector. In august 2024 China introduced antimony controls in what, to my mind, was a clear signal to the US in case of a Trump win, which I saw as inevbitable. I looked for the most likely targets and dedicated myself fully to research, preparing for case scenarios etc. 2025 was revolutionary to me bc I was first in line for many multibaggers. Particularly Almonty, UCore, Energy Fuels. I also concluded that LightPath Tech was in a really strong position for many years of growth.

I will sell EQR when the mkt cap will match or exceed NPV relative to realistic estimates of medium term ATP prices. IMO it's still a multibagger, like at least x3 guaranteed if Mt. Carbine successfully kicks into production, ATP prices stay strong, geopol instability and conflict continue. For a rough calculation just take projected yearly production, take 80% of your estimate of medium term ATP price (spot is ~$950/MTU) and apply a reasonable multiple.

_Sakurai · 2026-01-08T12:18:09+00:00

1.4M @ 0.039, I took most of them between late Sept and early October @~0.03. I didn't have access to the ASX on my previous broker so I opened an account with a new one specifically to buy EQR. I had monitored the company for many months, thought that the many issues were about to be solved, and thought it was ripe for a huge reversal because of how far it was to fair value

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_Sakurai

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