Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Copper

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 QuarterDollaron Jan 09, 2024 11:38am

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Post# 35817450

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

I haven't login to this board for a few months now because my computer died and I had to research and build a new one......

No dividend for 5 years..... absolutely....most likely longer. No one pays a dividend while they are in a serious growth phase. Many companies are looking for transparent supply chains and LB has already announced to the world that if they are looking for tungsten, Almonty is ready to expand their mining capacity. Hence our growth story may continue for another decade.
Don't compare Woulfe to Almonty.....apples and oranges. Back in the Woulfe days, Wesson make a deal with IMC for 55% ownership, I think for $5M. The big mistake Wesson made was he gave IMC an exclusivity deal. IMC kept asking for feasibility study after feasibility study.....delay, delay, delay......... Why would IMC pay $5M for 55% of the company when they could let Woulfe go bankrupt and then take 100% for pennies. Furthermore, there were 3 attempts to take the mine for nothing........ the Korean guy (5ilverlining had mentioned in the past), IMC, and then Ned Goodman. When LB took over, he said there was a lot of wasted money and that the remaining shareholders at the time had been through enough.
Now you are comparing the current share price to what was going on in the market place 12 years ago. Again Apples and Oranges..... Demand for critical minerals will quadruple by 2030, hence the price of these metals can only expect to increase, and further increase by inflation.
Critical minerals are needed to reduce the impact of climate change, hence critical minerals are an ESG investment, but no ESG funds invest in critical minerals. Only baby boomers invest in mining....... the rest of the world thinks mining is dirty, but it is just a matter of time before they will be educated in the things they want in this world can't be obtained without critical minerals. This is why the stock price is suppressed.
But people may be educated but they are still not too bright. Many still run on emotion when making decisions but they will soon change their tune when the cash starts to flow at Almonty.