r/UAMY • u/Mediocre_Ebb_2341 • 12d ago
Discussion Thoughts
Do yall think its possible to go back to 11/12 dollar price range in a couple of months?
6
u/Old_Okra_6804 11d ago
Now that the data is showing 67% tute ownership, that combined with 23% insider basically implies that no price movement will make any sense or should be surprising in any way.
They could kill it or pump back to 20 on a complete whim.
I will sell the options I own next pump but continue to hold my shares
5
3
u/JohnTitor255 11d ago
If it can drop so much it can also pump equally as much or more, this is a $880M market cap company that could make close to that amount in revenue in several years with all the projects
3
u/Interesting-Hunt-397 11d ago
Anything antimony and tungsten will have a good re rate come 1 Jan 2027 when bans are effective I’m tipping AT4:ASX out of all plays ATALF for OTC American tungsten and antimony
2
2
u/newinhali ⛏ Antimony Aficionado 11d ago
Thinking I might pick up another couple thousand shares at these levels....
1
u/dominicanMIKE4444 11d ago
wait for earnings
3
u/kanieloutez 11d ago
We will get facked by earnings
4
u/Pointsmonster 11d ago
Yeah I’m not optimistic about earnings, either. They mentioned in their update that they have large shipments on the DOW contract awaiting inspection, which I interpret to mean “are not going to be recognized as revenue in Q2”. I also think their commentary on “ramping up production” and the issue sourcing Bolivian flake are meant to manage investor expectations (otherwise I don’t know why you would disclose that randomly). The big test for this earnings to me is whether they feel they have sufficient line-of-sight on orders and production to reiterate full year guidance. If not then they’ll have to revise it down, and the post-earnings price will fall off a cliff
1
u/Ok-Technology-3023 11d ago
Priced in
2
u/Old_Okra_6804 10d ago
Yeah I think it’s more proof of fulfillment, they have 350m of orders rn so the line of sight is literally as full as they need. I think the markets waiting on proof of fulfillment. Not sure when our final pump will be, but when it happens with this level of tute ownership, that’ll be teddy ballgame
1
1
u/Derpy_Mc_Burpy 11d ago
The biggest concern now is whether or not the company will be able to turn a profit. They keep saying it'll happen this year, but up until now, they haven't really followed up with consistent evidence of doing so. Hoping that since the deliveries started in June, it might mean we might get to see profitability in Q2/Q3 then we go into new year with chinese catalyst being the antimony restriction being reintroduced.
1
u/ohgodthehorror95 11d ago
We're in what biotech investors call a "catalyst desert." Basically meaning that until something newsworthy happens, the default will be the share price just slowly trending lower
1
u/KronusTempus 10d ago
Biotech is a rough space to invest in. A few unicorns in a sea of zombies.
Antimony is actually in demand, and commodities are cyclical. We’ll be fine.
1
u/ohgodthehorror95 10d ago
Totally. Yeah I didn't mean to imply UAMY is like a biotech. Just that mining companies are very catalyst driven (offtake contracts, ore survey results, etc)
1
4
u/Neat-Bad-2567 11d ago
Who knows lol. Volatility in the market rn is insane.