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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

Post by Descheneson Jan 10, 2025 3:31pm
163 Views
Post# 36398597

Dilution-Options

Dilution-OptionsThere were 7,361,111 options that expired on Dec 31,2024 , probably from the Andrew Frazer group in Australia.  He is the one (also Director) who invested heavily to get Aii listed on the Aux.
Probably the initial placement of $5. mil.  was to replenish the options that expired, and for Black  to look after "the hand wot feeds you".
Perhaps greed then developed when the initial announcement was made and others , probably very close to insiders. wanted a piece of the pie, and seemingly they got it.
The announcements of expired options was made official on Aux news release early in January.

For the poster who seems hysterical about a new member who has something interesting to say, being on the Board only one day, you should take a deep breath and relax.  From reading all the posts  for years, you, in particular, have a great deal to learn about the investment world, and how it works. 
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