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 > Reminiscing to days gone by and how long it has been . . .

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Comment by rockminer56on Apr 26, 2024 11:11am

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Post# 36009425

RE:RE:Reminiscing to days gone by and how long it has been . . .

Very interesting to read it again as I was also one of the investors who got caught up in the report.
It is very interesting to note that Wesson talks about a $135,000,000 cost to build a mine and 8-10% financing costs.
That shows what kind of CEO Lewis is, to obtain a significantly better deal , years later

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