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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

Comment by whoisyourpapaon Jul 02, 2021 1:16pm
185 Views
Post# 33484963

RE:RE:RE:RE:RE:RE:The Market Herald Interview whith Lewis Black

RE:RE:RE:RE:RE:RE:The Market Herald Interview whith Lewis Black
chizzles wrote:
lonade wrote: Deliberate or not...TSX is not the future of Almonty.

It is good to have the listing on the TSX since it paves the way for the listing on the ASX.

TSX was simply one of the first steps in the evolution of the company.

But the recent years have shown that Canada in general 
has no more significance for this company. The real backers of this company are in the US, Europe and Asia, as Lewis has stated.

So I would imagine a delisting once we list on the Korean Exchange or even earlier, should it bring absolute no added value for the Korean application. 

US, Germany, Australia and Korea is our future 


I could be wrong, but I actually don't find that the volume has been any higher in Germany and the US (especially the US) over Canada as far as shares traded per day. And with the population of Canada vs US and Germany, isn't there actually better volume out of Canada?



I don't think its as much about the volumbe on the exchanges in those countries but rather where the money to the company (for financings) is coming from

USA: Plansee Group (Also Europe based)
Germany: DRAG.  Most fiancings the company has in place now are with European firms
Canada:  I think Dundee was the last one to do a convertible dibenture but that was years ago

In any case I agree that if the plan is indeed to leave the TSX it will not be anytime soon. . .

whois

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