Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 lonadeon Feb 23, 2022 3:21am
206 Views
Post# 34452742

RE:Another $50M Loan to Expedite Build

RE:Another $50M Loan to Expedite Buildcaught the details on that slide yesterday too after relistening to the presentation.

was surprised to see that an additional LOI has already been signed with KfW and that there was no NR to that.

anyways, as Lewis stated, we should be hearing more details to that in the upcoming weeks.

but Almonty is in a really great place now. major corp and government in korea giving company a blank sheet "just list what you need to make this work asap" . then you have KfW on the other side that would certainly provide more cheap money with such korean backing.

just shows what can be achieved when all want the same thing.

in addition, should this pan out, it would provide a strong counter-balance to the increasing influence of Plansee (too much one sided power is never good for a company).  They would "only" have 45% and the korean government / major corps 55%. that would make sure that one party can not decide to do something "stupid" which is not in the interest of us shareholders.
<< Previous
Bullboard Posts
Next >>