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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 > Average Target Prices

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Comment by chizzleson Sep 04, 2023 5:35pm

140 Views

Post# 35619049

RE:RE:RE:Average Target Prices

rockminer56 wrote:

E:Average Target Pricesfor this at full production imo.
What should it be in your thoughts ??
Open question....

I wonder if these projections are for the initial 160k tpy plan after plant starts or the 240k tpy ramp up goal ??
$1.70 per share at best is not nearly enough

Reply
My understanding is that the prices they establish are "todays value". The reason is that , as an example...First Berlin.. increased their "Buy" rating from $1.55 to $1.70 back in July 2022 and the reason quoted is that Almonty took the first drawdoawn of $12.8m against their line of credit. This showed progress in the maturation of this project and hence the value increased as taking the draw indicated the mine was progressing and would be built.

Question::: how do you highlight the grey from someone's initial post, if you are going to comment? Cant find how to do it.

Instead of "comment" go to "quote"

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