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Bullboard - Stock Discussion Forum 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... see more

TSX:AII - Post Discussion

Almonty Industries Inc > EQR Intrerview
View:
Post by 5ilverlining808 on Jan 10, 2024 10:18am

EQR Intrerview

From two months ago.
They have Mt Carbine and aquired Wolfram Camp, which was dumped by Almonty, it is like a pimple in comparison to the whole Almonty portfolio of mines.
If Saloro in Spain was worth it for Almonty, then it would have been aquired.


"MacNeill speaks about funding for the the acquisition, which the company recently stated would create the largest tungsten concentrate producer in the western world and provide a platform for capitalising on horizontal growth opportunities identified. It also creates critical mass - and therefore optionality - to enable consideration of a downstream component adding significant further value to the business. The acquisition comes at a time when tungsten is ranked by the British Geological Surveys, various US Departments, the European Commission, Japan, South Korea and Australia as a 'critical mineral’."

What a load of dog s**t.


https://www.youtube.com/watch?v=3OtafC2plPM


Neill speaks about funding for the the acquisition, which the company recently stated wouldthe largest tungsten concentrate producer in the western world and provide a platform for capitalising on horizontal growth opportunities identified. It also creates critical mass - and therefore optionality - to enable consideration of a downstream component adding significant further value to the business. The acquisition comes at a time when tungsten is ranked by the British Geological Surveys, various US Departments, the European Commission, Japan, South Korea and Australia as a 'critical mineral’.
MacNeill speaks about funding for the the acquisition, which the company recently stated would create the largest tungsten concentrate producer in the western world and provide a platform for capitalising on horizontal growth opportunities identified. It also creates critical mass - and therefore optionalty - to enable consideration of a doream component adding significant further value to the business. The acquisition comes at a time when tungsten is ranked by the British Geological Surveys, various UDepartments, the European Commission, Japan, South Korea and Australia as a 'c
Comment by corton68 on Jan 10, 2024 10:33am
That’s quite a word salad from MacNeill. Im not really sure what he is saying. I hear the words but I can’t unscramble them.....
Comment by whoisyourpapa on Jan 10, 2024 11:45am
Almost 1.6 billion shares out.  Trading at under .06 AUD.  Made a deal with the devil (Oaktree) who will eventually gobble them up for nothing. Good luck to them, they're gonna need it. whois
Comment by corton68 on Jan 10, 2024 12:28pm
classic junior mining co selling their shareholders down the river for money to pay salaries. They take on $50m in debt to get $17m from OT.........plus they never talk about spain aquistion re the remaonong reserves or finacials so im guessing its not pretty on either front
Comment by QuarterDollar on Jan 10, 2024 2:04pm
@Whois...... yup..... I am thinking the same thing.  The vulture Oaktree is waiting in the wings to strike. But I also wonder if LB is setting a new precedent by owning multiple mines in different geographical locations throughout the world.   
Comment by rockminer56 on Jan 10, 2024 1:09pm
Almonty did dump the Wolfram Camp but it was not an inexpensive dumpl.  They had bought it from Deutsche Rohstoff for $16,000,000. can. back in 2014 when LB was buying anything that had tungsten in its veins.  Almonty issued Deutsche 12.21  million shares at .80 cents.  This was when the whole thing got going. .  That is also why they have such a big share in Company, with ...more  
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