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 > Debt Repayment Question.....

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Comment by QuarterDollaron May 04, 2023 9:27am

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Post# 35429624

RE:Debt Repayment Question.....

@5ilver

At first glance and for most companies, this would be a problem but I am sure LB will be able to refinance the loan or repay one lender by borrowing from another.
The option of Issuing more equity would definitely dilute the stock which is why I don't think LB will do that.
The reason I say refinancing will be done is because Sangdong will be very profitable, so the repayment of the load will be short. If more equity was issued, that would have a life time effect.
This project is too far along and many big players commited to Sangdong getting into production. This loan won't be a show stopper.
Perhaps that should be one of the questions for next week's IIF meeting.