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 > Forget about any dividends for 5 years

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Comment by TELEMARKERon Jan 05, 2024 12:45pm

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Post# 35812700

RE:RE:RE:RE:RE:RE:RE:RE:RE:Forget about any dividends for 5 years

Woulfe mining was a disaster, remeber the Wessons?
no envey or grudge. I am objectively looking at Almonty situation.
summary
one year to Sangdong production
high debt, debt equal to current market cap
Pana appears to be slighty profitable
LS tailings processing status not clear

Were will share price be in 6 months, 9 months? could be same as now, could be lower, small chance it could be higher.
Startup of Sangdong should give sp a boost
As an investor I am going to wait in case sp is lower before end 2024.

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