Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.

TSX:AII - Post by User

Almonty Industries Inc

Bullboard Posts

Post by petropigon Feb 03, 2017 12:32pm

158 Views

Post# 25795795

FINANCIALS

Here are some of my concerns (from the 2015 to 2016 statement):

General and Administration expenses up 41%
Interest expenses up 93%
Outstanding shares up 28%
Recent loss per share of $.22

Another concern is how a 2,000 share transaction/trade today worth $600 can drive the price/value down by 9%.

I wonder how much longer AImonty can stay in the game without major dilution or getting a major shareholder to take over?

Even though I don't pay much attention to Almonty these days, I still have app 10% of shares of what I once owned.

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload