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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Copper
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 > Technicals
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Comment by therunneron Dec 19, 2024 9:23pm
114 Views
Post# 36371451

RE:RE:RE:RE:Technicals

RE:RE:RE:RE:TechnicalsThere are many reasons why Almonty is almost totally de-risked, but the scrutiny of german bankers is not one of them. 
Just one example: Nevada Copper (NCU) went bust six months ago.
Biggest creditor: KfW-Ipex who had loaned them USD 188 million. 


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