Almonty Industries Inc T.AII

New First Berlin Research Note

[lonade]

Quote

"The combination of the involvement of the KfW and the low interest rate makes this the best financing of a junior miner we have ever seen"

Says it all...

https://www.google.de/amp/s/uk.finance.yahoo.com/amphtml/news/original-research-almonty-industries-inc-150601768.html

[GastownGuy]

how is it possible that not even one person thinks this is worth buying. lol  100 shares traded on almtf

[lonade]

honestly i am also a bit speechless...sitting here in Kenya on a mission, trying to figure that out! some ideas: - linked to the share swap of Lewis - linked to the outstanding final financing portion - mainstream simply have problems figuring out this tungsten business - the failures of our competitors are leading to investors to hold back (even though the fundamentals are completely

[Auscri]

Oh well, more time for us to accumulate shares.  Waiting to add more funds to the TFSA once the new year comes unless Lewis is gracious enough to announce that the drawdown starts before Christmas

[chizzles]

This may sound a little childish, but I think what bothers me the most, is after a decade of being patient, anyone can still come in today, in 2020 (almost 2021), and still buy shares at the same price as I paid for so many of them prior to this major NR. It kinda takes away the whole "being rewarded for our patience" as a long term shareholder, as most of us are.

[GaiusGermanicus]

The news release could have been, at any time, a board accepted buyout offer at one of those "prices we couldn't refuse".  If I were a major western tool steel/industrial metals producer my primary focus on materials would be securing a future supply of tungsten independent of China at almost any price.  Once that supply is called into question the entire industrial dynamic

[mining4value]

Under the current set-up, a buyout is not impossible but it is very unlikely (in particular by any manufacturer other than Plansee). The company is now de facto completey tied to Plansee, who is: - the largest (and sole) customer; - the largest guarantor;  and soon - the largest shareholder. With all the above, Plansee has now all the cards on their hands: - they locked in the

[GaiusGermanicus]

Usually, in situations such as you describe, the 'senior holder' arranges some money for the controlled company,  makes them waste their capital on dumb things, and then seizes all the real assets when they can't "pay back the loan". One of the oldest hustles in the corporate books.

[5ilverlining808]

Agree, buyout / shmyout talk seems to happen every time something positive  is released in NR's. I remember my first comment on a buyout thread years ago was something like : " why would a young CEO who is part of a family business let go of his child while still in the nurturing stage of a mines development ". I do think in the future after process plant is commissioned and

[whoisyourpapa]

Is it too soon to say that Monday's rally was officially a "dead cat bounce" and that we are still exactly where we were "4 years and 12 days ago" - waiting for financing to close. . . Yes of course we know many boxes have been ticked in the last 4 years but if you swim 99% across the sea you still drown.  Its not done until its done and I think the market action

[lonade]

well their really working hard to push it down...let them push it a bit further and then i will buy again. always nice to have someone saving you money and working for free, although I would prefer not to have any more "cheap opportunities " c'est la vie...