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 > what a truly horrible stock

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Comment by QuarterDollaron Jun 06, 2023 4:57pm

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Post# 35483217

RE:RE:RE:what a truly horrible stock

I personally don't expect this stock to do anything until the financials are make public one year after being in production. So we are looking at 2026.
As for processing the tailing at Los Santos, I don't expect that will move the needle on the share price much. We were never told what the reprocessing costs would be and throughput, hence we have no idea on profitability.
Then there is Sangdong Phase 2 which if in production in 2026 will also take a year for it to have an impact on profitability. Then the DownStream Plant will be in production which impact the financial statements by 2028.
Its going to be a while before the market will valuate this company because it is a niche stock.
I too am keeping the faith... and not trying to think about it much.