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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 QuarterDollaron Aug 01, 2022 10:34pm
217 Views
Post# 34864850

RE:RE:RE:RE:RE:RE:RE:Almonty Doubled Their Value!

RE:RE:RE:RE:RE:RE:RE:Almonty Doubled Their Value!@blueskies
  • You are right about share splits for shares under $10, which should be an indicator  to you of where this share price is going.
  • If LB wanted, he could wipe out all debt within 2 years of Sangdong being at full production. I am sure LB will wipe out the debt as fast as possible, but it will be contingent upon our growth objectives. Worst case senario, we are growing aggressively and following the 6.25 year payback schedule.
  • If you could do the calculation on profit for each project, you would see that no additional loans are required. LB issued a LOI for $50M to send a message to SK Gov't and Samsung about our readiness to get the WO3 plant up and running.  We would need the loan if it had to be in production by 2026. Any later than that, there is no need for any loan as Almonty could fund it itself.
  • Every documented milestone such as the LOI and the Moly JORC report serves a purpose in sending a message to prospecitive customers about our level of commitment and to initiate conversations. (What a smart strategy).
  • We needed the funds for Sangdong to get the first Tier One mine up and running. The profits from this can fund many other smaller projects (i.e. Val, the downstream, Moly).  With the Sangdong Moly project up and running, Almonty can fund all projects going forward.
  • The only time financial borrowing will come into consideration is if time is of the essence for the customer or us where we have to be first in the market ahead of the competition. 


  • On a final note.........shareholders are just beginning to see what the master growth plan LB has in store for us.  If he revealed the whole plan initially several years ago, I think many of us would think he has a screw loose and lose confidence in this stock.  But as time unfolds, we will think he is an actual genius....a truely savvy CEO.  
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