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.

TSX:AII - Post by User

Almonty Industries Inc > L2 at 10:20

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Comment by whoisyourpapaon Jun 20, 2024 8:57am

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:L2 at 10:20

Lewis said he was told by the South Korean governament to "operate like a submarine" during construction of the mine. This would explain the lack of fanfare, but he also said multiple times that "it will all make sense soon, everything will be revealed".

I don't think we currently meet the parameters for a Korean listing, especially regarding the current share price. I doubt the KOSPI would allow a penny stock on their exchange. . .

whois

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