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 looking pretty sweet to kick off the week!

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Comment by 1dollarinto2on Aug 20, 2024 4:44pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:L2 looking pretty sweet to kick off the week!

Your math confuses me.

I believe the news release from back in 2015 says .07 per share. At that time Woulfe had about 363 million shares outstanding so the purchase price for Woulfe was about $25 million.

If you want to stick with the 40x idea then that is about $1 billion.

With Almonty currently valued at about $200 million, then 5x from here.

I would gladly take $4 per share for Almonty valuing it at $1 billion.

Fun to think of.

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