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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 guerreiroon Jun 05, 2021 4:21pm
425 Views
Post# 33336413

$$$$$$$$$$$ 1.50 $$$$$$$$$$ 1.75 $$$$$$$$$ 2.00 & +++

$$$$$$$$$$$ 1.50 $$$$$$$$$$ 1.75 $$$$$$$$$ 2.00 & +++As things progress on; 1) Sangdong Mine Mill in Korea completion schedule, 2) Almonty starting to trade in the Australian stock exchange, 3) Price  of Tungsten remaining stable. 4) European community securing supply of Tungsten from Almonty rather than the Chinese).

I am looking at $1.50 / $ 1.75 & $2.00. and the rest has no limit once they announce the start up of the Sangdong Mill and the announcement of starting to pay dividends.

In the mean time we may have a suprise of a long term contract with a Major to provide Tungsten and Moly for a long term period.( I am only speculating, remember IMC has a very large Tool plant down the road that requires steady supply of Tungsten for their production line).
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