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.

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Almonty Industries Inc > Buyout offer being floated

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Comment by lonadeon Dec 06, 2020 3:12am

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Post# 32045491

RE:Buyout offer being floated

based on the close to 20% holding of Plansee, nobody other could really go for that option. that's why it's there..

but should that ever be a topic, i would expect that to happen once the mine is running. not now.

Plansee do not know how to construct, commission and operate a tungsten mine and need Almonty to smooth out the hiccups at the beginning.

on the other hand, always open for an early christmas present! I'll take any offer above 3 CAD today and nothing lower than 5 CAD once the cash machine is running...ultimately both a bargain since over the 70+ years plus moly the mine is worth (based on sales/profit) probably close to 5 fold of that.

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