Key Information on the Company

Below some quick key points I have put together, that show why this company is so attractive for investors:

- Operates one of the oldest tungsten mines in the world (Panasqueira Mine in Portugal). Some years back they sold it to their Japanese offtaker with a high profit to shareholders, the Japanese then actually sold it back to Almonty for pennies...once they realized how difficult it is to mine tungsten. Since then it has been running smoothly again and creating cash to company.

- The tungsten mining knowledge of the company (with Panasqueira providing over 100 years experience) is unmatched in the world.

- They successfully operated Los Santos till recently. It was the cash cow for the company, that kept the lights on till the Sangdong deal was finalized. It will be reopened soon using the tailings.

- Valtreixal Mine is also in the portfolio of Almonty. In the shadow of Sangdong, but once running 2023-24, can also provide a nice profit to the company. It will relatively cheap to start operations, since the facilities of Los Santos will be used.

- Almonty has a very strong and stable shareholder structure with Management, GTP/Plansee, Deutsche Rohstoff, Korea Zinc, JPMorgan Asset Management (UK) Ltd etc....

- GTP / Plansee have never before invested (share ownership) in any miner in their 100 year history and the step to hold such a strong position in Almonty, reflects the importance of this mine and the strong relationship between the two parties.

- Almonty has a very strong insider ownership with management holding approx. 20% of the shares.

- Sangdong mine has one of the highest grades (0.44%) and reserves worldwide. Potential 90+ years LOM at 640kt p.a.

- The previous owners, Woulfe Mining, didn't have the technical knowledge and professional approach to actually reach past feasibility stage. You just need to compare the studies prepared by Woulfe Mining and the optimization measures performed by Almonty (e.g. much lower CAPEX requirements). This is for those that ask why Woulfe Mining didn't build the plant....they couldn´t!

- Almonty has already implemented a pilot plant at Sangdong to confirm that the production profile expected with the full plant can be met. Unique in the tungsten business. Management has already been tweaking the pilot plant to ensure the optimal configuration once the full plant is commissioned. This is also confirming the envisaged extreme low production costs of USD110/MTU.

- The financing package of Sangdong from KfW is considered one of the best financing in the business, a dream for any miner wanting to build a new mine. The rate of Libor plus 2.3% is unmatched. All other western tungsten mines were financing at around 10% or above, which is not sustainable. Or let me put it another way, good for the lenders and management salaries but not for shareholders...

- Almonty has signed an offtake agreement with a floor price which is also unique in this business and completely decouples Almonty from any commodity crashes.

- In addition to all the tungsten, the company potentially holds one of the largest Moly deposits in SE Asia. Drilling is ongoing with results expected towards end of the year. If confirmed, it could allow the company to open another mine that is sitting just 150m below the tungsten mine.
The potential of synergies for both mines is high and would lead to a massive reduction of CAPEX. The potential significant revenues coming from the Moly are, till date, completely excluded from any revenue forecasts.

Regardless of this strong position of the company, you will see certain posters trying to create doubt around the IPO (already see some players posting here..) over at Stockhouse (Canadian site) there is a group of serious and long-term investors that will answer all your questions and provide feedback based on facts (good or bad).

Disclosure: I am invested in this company since 8 years