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.

TSX:AII - Post by User

Almonty Industries Inc > annual FCF of USD 300 mill by 2030 ?

<< Previous

Bullboard Posts

Next >>

Comment by QuarterDollaron May 07, 2023 1:41pm

183 Views

Post# 35435372

RE:RE:annual FCF of USD 300 mill by 2030 ?

Going back to 2021, the FCF that would have been acumulated by 2030 would be just over $300M US. So the first error in the report is stating that 300M CFC annually (because it is NOT annually).
The second error is the fact that this information is obsolete and outdated. When this number was published by Almonty, interest rates were lower and now our interest owed has doubled. The approval of the loan by KFW took a year longer than expected, and now LB has pushed out the timeline to production to control costs.
Then there is global inflation, so I expect Sangdong's cost are no longer $110 per MTU, but higher.
And not to forget the $50M loan for the downstream plant. When that kicks in, that too will eat away at the CFC for the first several years.
The Canadian Mining Journal should print a correction on their report.