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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 Mar 23, 2024 5:53pm
146 Views
Post# 35949058

RE:RE:RE:RE:RE:RE:Next 30 days - Will, Should & Could

RE:RE:RE:RE:RE:RE:Next 30 days - Will, Should & CouldThey are for sure getting the funding cheap.

There is a large shareholder getting out that is pushing the SP down, but then insiders are financing at these cheap prices, which I'm ok with as we need the funding for "accelerating the downstream project planning and further investigation of the Moly due to increasing interest in the material domestically."

Which to me, is really exciting news, more than we are giving credit for right now as part of this NR. This is the original Sangdong plan, plus ofiicially advancing the downstream AND moly. We are now entering Sangdong + +!!!

If it costs cheap financing (by insiders of all people), I'm good with it! Ans it is for a little amount of money.

I also wonder if this spells the end (or close) of the selling and that they timed this NR.

The fun starts here!
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