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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 blueskieson Jun 10, 2022 12:39am
439 Views
Post# 34746113

Nice Move With a Very Tight Share Structure

Nice Move With a Very Tight Share Structure
Doesn't take much volume to move the share price when of the 213,486,376 shares outstanding 91,329,790 are owned by three entities Lewis Black, GTP, and Deutsche Rohstoff, none of who will be selling shares anytime soon and one Deutsche Rohstoff, who just did a placement for another 2,494,118.
 
Another 8 ish million are owned by other insiders and my assumption is these and many held by other  long term holders like myself are not available for sale until at least the full value of three producing mines is reflected in the share price and more likely will be held for the dividends in the years to come.
 
Talk about a tightly held company!
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