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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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

Post by Descheneson Feb 04, 2021 10:47am
194 Views
Post# 32469989

Tungsten price & Misc Tidbits

Tungsten price & Misc TidbitsApt price up again this week from $245.70 to $247.70.  Doesnt sound like much but amount to well over 25% since its low last year.  Impact on Revenue will be significant.  Nine month period to Sept 30,2020 had revenue at $18.5 million, in a disasterous year where they cut back production, as limited market from buyers.  Add say $5.mil for last quarter and we have perhaps $25. mil for year ending Dec 31,2020.  If you take an increase in production as well as at least a 25% increase in price, it is going to look very tasty to investors who will be looking at this company later this year.
-We have now had news releases for I think 7 week in a row, which again will look good to newbies.
-the NR on Feb 3rd about Environment has already been set up on website in a very professional manner.
-I had a look at the 43-101 report from August 2016, and did not see where there was any mention of the HUGE Moly deposit 150 m. from existing mine shafts underground, or any value attributed to it.  This has substantial value.!!!!  I think there is plan to drill this deposit and perhaps include results and value in the next 43-101  
-I like that there is regular mention of this deposit and importantly that the South Korean Govt is interested in seeing it developed and Lewis mentions it being developed.
-Perhaps fit somehow with the top grade new Korean busnisessmen coming on board this month
.- CANT WAIT FOR NEXT WEEK' S NEWS RELEASE, AS A WHOLE NUMBER OF FACTORS ARE COMING TO FRUITION IMMINENTLY, AND IT IS GOING TO HUGELY AFFECT THIS STOCK. 
-good luck to all longs, this has been a long 6 year wait
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