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Almonty Industries Inc ALMTF

Primary Symbol: T.AII

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 > Financing

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Comment by 5ilverlining808on Oct 28, 2024 12:00pm

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Post# 36285144

RE:RE:RE:RE:RE:RE:RE:RE:Financing

1dollarinto2 wrote:
When Almonty talks about being profitable they are talking about how they operate their mine in Portugal. They have positive earnings if you only include mining operations. Lewis uses this measurement as an example, showing that Almonty knows what they are doing in terms of mining tungsten at a profit so investors should expect the same once their mining operation is expanded.

Overall Almonty is not yet profitable because they are spending on and have debt servicing that is related to growing beyond current operations.

In the last 12 IIF I thought it was explained.
Go to the 26.28 mark for start.
Who the hell is Tom ? "one of the competitors" ???

Lewis said "it is all very clear in the MDMA. If you bothered to read it, you would see it ".
How can anyone doubt a CEO who is a major shareholder ???