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 > Loan

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Comment by QuarterDollaron Jul 03, 2022 3:17am

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Post# 34797826

RE:RE:Loan

@TechOne, it is the current Investor Presentation on the Almonty Website.
@Ionade, well said....

I was rushed my last post a little hence my conclusion was not clear...... Basically without Almonty pursuing a NA mine, they will be in the position to pay dividends as soon as Sangdong is at max capacity and can continue to do so for many years to come.
The caveat in when dividends will be paid is the investment cost to bring another mine from scratch into production, namely in NA. If the cost is more than $500M, the interest payment alone will be at least $25M per year, thus will take a very long time to pay off that debt. If LB tries to pay it off agressively, it will take 10 years. The other option is to not pay dividends and use the $300M-$350M toward the build out of the NA mine. Either option will delay the declaration of the first dividend at least 8 years.
This is why I say managing the cost of the NA mine is crutial. We need the US or Canadian Gov't to make a serious contribution in investment.

As for the Valtreixal and Moly mine, they both will require some money to build out but they both will be leveraging existing infrastructure and won't cost anywhere as much to bring into production.

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