Almonty Industries Inc T.AII

It's July now

[sage4hus]

" .........In particular, it plans to secure a business capital (PF) of US$75 million from the German state-owned bank (KfW IPEX-Bank) in July. "


https://www.kado.net/news/articleView.html?idxno=1072448

[chrisp6712]

I doubt this reporter knows all the facts pertaining to the closing of the loan. Gangwon-do Min Daily Reporter Bang Gi-won] Almonty Daehan Jungseok, who is pursuing the redevelopment of tungsten mine in Sangdong-eup, Yeongwol, will cultivate mining talent through industry-academia cooperation with Seoul National University. Signed a memorandum of understanding for industry-academic cooperation

[whoisyourpapa]

Is the company issuing new shares/doing a raise as part of the ASX listing?  Could this be why they dont need to drawdown on the funds until July?  This would extend/maximize the 2 year rpayment holiday on the KfW loan. . . whois

[lonade]

to my understanding from the report, yes they plan to issue shares.  in order to make the IPO a success and to create real interest, the company would need to allow more tradable shares. as we all know, the majority of the shares are held by insiders and long term holders like us; and only a very small part ever gets traded. we simply need more volume to make it more interesting for a lot

[whoisyourpapa]

Completely agree we need more liquidity to attract the type of interest that will bring this stock to the next level. . .  I think ASX listing is a "stepping stone" to Korean listing.  We don't have the required parameters to list on the Korean exchange but ASX will get us there whois

[Tungride]

How many additional shares would be needed roughly, a few million, a hundred million? we finally have the share price consistently above $1, I wouldn't want it to get diluted back down to $.70. if current share liquidity was so tight, wouldn't we see the price continue to climb lately? cheers

[lonade]

based on the amount they stated 15-30 mio (i assume aud) it should be a dilution in the range of 7-14%.  i would assume that the price envisaged will be around 1 aud..since that's where we are today. the higher that goes the smaller the above dilution percentages will get. it's the job of Lazarus Finance to assess the right number of shares and at which price..they will work on