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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 chizzleson Jul 17, 2023 6:31pm
188 Views
Post# 35545053

RE:Next Loan Drawdown

RE:Next Loan Drawdown
whoisyourpapa wrote: Assuming construction is ongoing we should get news about the next drawdown soon as its been 3.5 months since the last drawdown. There's less then 6 months for scheduled completion of construction and stilll $43 Mil to drawdown.  Hopefully we can get that news soon along with a construction update. . . 
The stock chart is looking pretty shameful these days despite inching closer to completion/production/profitabilty.  The closer we get to these milestones the worst the stock performs.  Make it make sense!!!

whois


I agree Whois. I don't get it. We should easily be at double the current share price, probably more. I know I keep saying it, but it feels like $0.60 is a magic number that someone wants the share price to be capped at. Any time it looks close to passing that mark, a lot of shares show up, keep it at or under. 

We all thought it was Dundee, which it was. But there is for sure another reason, or somebody else. I think LB mentioned at some point in the past few months that we are going to have another "raise" shortly, maybe the raise will be at $0.60/share?

I'm hoping to find out soon. We've waited long enough.
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