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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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

Comment by 5ilverlining808on Jan 10, 2025 6:56am
40 Views
Post# 36397339

RE:RE:RE:RE:RE:RE:More dilution

RE:RE:RE:RE:RE:RE:More dilution
TechOne wrote: Right.. I also am not happy with discounted issues of shares but since I have no clue what are the terms of debt being converted to shore up the balance sheet, as a share holder I don't have much choice.. Just hope that at some point, they won't do that any more..

There is also the cost of over runs as part of the constructions.. The only thing we know for sure is that Insiders, including LB has a big stake in the company so they are not doing anything that will hurt them or us, minions.. 

The company's main focus at this point is a successful launch of the plant and production keeping with the timelines.. I mean, the loan has been drawn completely and as we know they are also counting on more loans as other projects move forward so the company's focus going forward should be flawless execution at Sangdong.. 

FWIW 

Amen to that.
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