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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Industrial Metals & Minerals
Almonty Industries Inc. is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain, as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in South Korea.


TSX:AII - Post by User

Almonty Industries Inc > Almonty Doubled Their Value!
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Comment by QuarterDollaron Aug 01, 2022 1:26pm
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Post# 34864215

RE:Almonty Doubled Their Value!

RE:Almonty Doubled Their Value!@blueskies

Lewis states the Molybdenum resource basically doubles the value of Almonty for shareholders.

  • To me, this is a vague, general, and safe statement. Double from what? The current capital valuation of Almonty? Double the current share price?...In itself the statement doesn't carry much weight. 
  • The size of the resource matters but just because the resource is the same size doesn't equate to equal value as both commodities are priced differently and have different grades.
  • LB's other statements carry more weight in my opinion.
  • As for New institutional investors, the only highly probable way for this to happen is a stock split. I was conservative when I said 4-1, but I am rethinking it will be more like 10-1.
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