Aktuelles zu Almonty Industries WKN: A414Q8 ISIN: CA0203987072 Kürzel: ALI1 Forum: Aktien User: Moly

Hab unsern Ludwig mal angeschrieben…..mal sehen ob er antwortet Subject: Q2 2026 – Masterful Time Travel or How Portugal Replaced Sangdong Dear Mr. Black, First of all: Respect. Truly. The way you managed to sell the Q2 2026 results as a “Sangdong breakthrough” while Sangdong hadn’t sold a single tonne in Q2 is almost artful. Let me briefly summarize what I understood – or perhaps didn’t: 1. Sangdong started on July 1, 2026 – i.e., after Q2 ended (June 30, 2026). 2. Q2 results show CAD 43.0 million revenue – almost exclusively from Portugal. 3. You speak of “Sangdong potential” – even though Sangdong contributed nothing in Q2. I’m not sure if I missed something, or if you simply redefined time. Perhaps in your version of reality, Sangdong has been running for months, while the rest of us were still waiting for July 1. The numbers are impressive, of course: - Revenue +498% – thank you, Portugal! - Adjusted EBITDA +CAD 17.6 million – again, Portugal! - Net income CAD 181.8 million – oh wait, that was just accounting effects. But hey, as long as Sangdong is celebrated as a “Game Changer” even though it hadn’t even started in Q2, that’s almost genius. I just have one question: When does Sangdong actually start? Or do we need to wait a few more quarters until reality catches up with your communication? With sarcastic regards,

Hab unsern Ludwig mal angeschrieben…..mal sehen ob er antwortet Subject: Q2 2026 – Masterful Time Travel or How Portugal Replaced Sangdong Dear Mr. Black, First of all: Respect. Truly. The way you managed to sell the Q2 2026 results as a “Sangdong breakthrough” while Sangdong hadn’t sold a single tonne in Q2 is almost artful. Let me briefly summarize what I understood – or perhaps didn’t: 1. Sangdong started on July 1, 2026 – i.e., after Q2 ended (June 30, 2026). 2. Q2 results show CAD 43.0 million revenue – almost exclusively from Portugal. 3. You speak of “Sangdong potential” – even though Sangdong contributed nothing in Q2. I’m not sure if I missed something, or if you simply redefined time. Perhaps in your version of reality, Sangdong has been running for months, while the rest of us were still waiting for July 1. The numbers are impressive, of course: - Revenue +498% – thank you, Portugal! - Adjusted EBITDA +CAD 17.6 million – again, Portugal! - Net income CAD 181.8 million – oh wait, that was just accounting effects. But hey, as long as Sangdong is celebrated as a “Game Changer” even though it hadn’t even started in Q2, that’s almost genius. I just have one question: When does Sangdong actually start? Or do we need to wait a few more quarters until reality catches up with your communication? With sarcastic regards,

Bist du sicher daß es alles in US Dollar ist. Wenn es Barmittel in CAD Dollar sind, dann wären es 860 Millionen US Dollar.

Kein Lotto, Krösus: "„Der ausgewiesene Nettogewinn von 181,8 Mio. US-Dollar beinhaltet nicht zahlungswirksame Nettogewinne in Höhe von 173,1 Mio. US-Dollar aus der Neubewertung von Derivaten und Optionsscheinen; diese resultieren aus der Bewertung unserer Wandelschuldverschreibungen und Capped-Call-Optionen zum beizulegenden Zeitwert gemäß IFRS. Wir schlossen das Quartal mit Barmitteln in Höhe von 1,2 Mrd. US-Dollar ab und haben nach Quartalsende unser KfW-Darlehen vollständig zurückgezahlt. Wir verfügen über eine solide Kapitalausstattung, um unsere Entwicklungspipeline bis zur Produktionsphase zu finanzieren.“

Kein Lotto, Krösus: "„Der ausgewiesene Nettogewinn von 181,8 Mio. US-Dollar beinhaltet nicht zahlungswirksame Nettogewinne in Höhe von 173,1 Mio. US-Dollar aus der Neubewertung von Derivaten und Optionsscheinen; diese resultieren aus der Bewertung unserer Wandelschuldverschreibungen und Capped-Call-Optionen zum beizulegenden Zeitwert gemäß IFRS. Wir schlossen das Quartal mit Barmitteln in Höhe von 1,2 Mrd. US-Dollar ab und haben nach Quartalsende unser KfW-Darlehen vollständig zurückgezahlt. Wir verfügen über eine solide Kapitalausstattung, um unsere Entwicklungspipeline bis zur Produktionsphase zu finanzieren.“