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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

Post by TwelveBaggeron May 13, 2024 7:33am
152 Views
Post# 36036375

New Week!

New Week! Good Morning Fellow Future Rich Almonty Holders!

I have asked this question a couple of times but can't recall having an answer.

We see that Tungsten is increasing in value to the tune of $358 USD per MTU. How many MTU is Sangdong expected to produce in a year at Phase 1 and Phase 2? How does that production compare to their existing mines? Trying to get a sense for what the value of the business could be when Sangdong is producing, without the consideration of the Moly. So many businesses are valued on a 2x revenue, 5x revenue basis - it's hard to fathom the valuation of a 99 year mine stacked with rare resources.

also! How's our chart looking today?

cheers
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