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Alphamin Resources Corp. V.AFM

Alternate Symbol(s):  AFMJF

Alphamin Resources Corp. is a Mauritius-based company, which is engaged in the production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The Company sells its product to one customer, Gerald Metals SA. The Company’s Mpama South development project is adjacent to the producing Mpama North mine and comprises a new underground development portal, processing plant and associated equipment. The Company has developed and brought the Bisie Tin Mine project in production. The Company’s subsidiaries include Alphamin Bisie Mining SA, Alphamin South Africa (Pty) Limited, Alphamin Holdings (BVI) Ltd, and Alphamin Holdings (BVI) Ltd.


TSXV:AFM - Post by User

Comment by billfox54on Nov 08, 2024 12:35pm
48 Views
Post# 36303473

RE:Rollback shares outstanding.

RE:Rollback shares outstanding.Chris Ecclestone is fiercely against buyback, for whatever that's worth.  I certainly wonder what they're going to do with all the cash on hand.  About now, I think they have as much cash as debt, from my limited look at their numbers.
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