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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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

Comment by TwelveBaggeron Apr 12, 2024 5:04pm
102 Views
Post# 35986718

RE:RE:Warren Buffets Berkshire Hathaway in Tungsten in Korea

RE:RE:Warren Buffets Berkshire Hathaway in Tungsten in Korea

cubesoftungsten wrote:
I think most of us can see that there may be plenty of buyers in Korea for Tungsten. However, without an operational mine, there is nothing to sell. Companies like IMC/BRK are not going to sign an offtake until there is steady production at Sangdong. However IMC/BRK could also make Lewis an offer for a buyout which could be interesting.


and based on his reminding us of Panasqueira being a 40x - I would be thrilled with a similar return!! 

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