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 > Sangdong Mine Extension

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Comment by QuarterDollaron Apr 08, 2022 6:40pm

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Post# 34589554

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sangdong Mine Extension

5ilverlining808 wrote:
In my post on HotCopper I said :-
"CAPEX ?
I'm not to sure on this, but the way I understand it is that if a mine has a high Capex and short mine life, it spells doom.
If a mine has a high Capex and a 90+ year life span, all that is diluted into almost nothing and the only thing to uselessly think about is Opex.."

It just came off the top of my head, but d

Whoops. I'll finish that question.

It just came off the top of my head, but does that comment hold water and ring true ?

My 2 cents....
First of all, I am probably not saying anything that many of you don't already know but trying to remember every nuance and sum it up together can be a challenge
Does high Capex and short mine life spell doom? Really that is too general of a question to be able to answer. Generally speak I would say yeah, however....
Depends on how funds were raised to purchase Capex? If they were purchased by equity or by debt. If debt, well those folks want their slice of the pie first. Debt interest plays a huge factor on what will be left for the investors.
Then there is the return on investment which must be factored in. If there was a huge block of gold worth $10B and it would cost you $1B in capex and 3 months worth of Opex to get it out of the ground, then that is worth the short investment.
Then there is Inflation where it doesn't matter if it is a short or long term mine. If Inflation is increasing at a rate where all your yearly profits have to be put back into the business to purchase items just to stay in business. In other words, you have to spend the money (all of your profits), such that there is no retained earnings/savings (which means there are no dividends either), this is a bad sign.
It is Friday afternoon and I am 1/2 brain dead.......thats it for me..... I think I have 1 cent left.......saving it for later.