GREY:WFEMF - Post by User
Post by
74volframon Aug 01, 2015 5:12pm
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Post# 23983005
weekend summer reading
weekend summer readingAn Interesting read to add to the merger circular. just out: Edison's Investment Research "Woulfe Transaction Implications". This is an updated article on the prospected merger of Woulfe and Almonty, with tables and numbers. looks at possible financing scenarios and gives a perspective of what may be ahead.
Edison covers Almonty on a quarterly basis. Edison is not an independent analyst because Almonty is a client as stated in the disclaimer. But no analyst (buy or sell side) is really independent in my opinion. I have found Edison to be consistently fairly balanced in the analysis and with lots of data to back things up it is very interesting to read.
https://www.edisoninvestmentresearch.com/research/report/almonty-industries9
Commenting on steamerlane post:
I think there is a good chance the mine will be in production by early 2017.
Unlike Dundee, Almonty makes money only by selling tungsten. It will be in their interest to get the mine going as soon as practical.