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Athabasca Minerals Inc V.AMI

Alternate Symbol(s):  ABCAF

Athabasca Minerals Inc. is an integrated industrial minerals company focused on the production and delivery of frac sand to Canada and the United States. Its AMI Silica division has resource holdings and business interests in Alberta, North-East BC, and the United States. Its AMI Aggregates division produces and sells aggregates from its corporate pits and manages the Coffey Lake Public Pit on behalf of the Government of Alberta. The Company’s Metis North Sand & Gravel division has a strategic partnership with the McKay Metis Group to deliver aggregates to the energy, infrastructure, and construction sectors in the Wood Buffalo region. Its AMI RockChain division is a midstream, technology-enabled business using its RockChain digital platform, automated supply chain and logistics solutions, and safety programs to deliver products across Canada. Its TerraShift Engineering division conducts resource exploration, regulatory, and mining, and is also the developer of the TerraMaps software.


TSXV:AMI - Post by User

Post by eyestrainon Feb 15, 2022 2:53pm
202 Views
Post# 34431093

Worth a very close listen

Worth a very close listen For any that haven't yet especially closely listened to MLM's Q3 audio update and also  viewed their Q3 slide deck I strongly recommend you do so. It provides really strong insights into the company's strategy, the building blocks already in place, and basis for near term future expectations. The longer term potential is beyond Super exciting. Also speaks directly to future opportunity with sand supply for gas drilling from Prosvita and with LNG sand supply out of both Prosvita and Montney deposits now both 100% owned by MLM. Addresses overlapping revenue uptakes to be achieved due to current synergies between the 4 divisions. Interest expressed from within USA for Rockchain USA, potential for Terrashift to gain USA footing, and high quality of, and potential for growth and market diversification, with the acquired Wisconsin operation. The company's vision is to become anything but a bit player in their space. Huge aspirations and a strategy now developed to achieve the vision. If execution meets vision this one can be expected to really take off. Looks like positive word is beginning to filter out and notice is being made. The info is linked on their website's Investor Relations area. Well worth the time. JMO  GLTA
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