AII 0.00% 71.5¢ almonty industries inc.

placement at 34c

  1. 755 Posts.
    30 million shares at 34c
    13.9 million in cash now

    MC of 34 million

    Current share price ssentially values Abra's non-cash assets at 20 million...

    Note it has inferred resources of 40 million tonnes at 4% Pb and 10 g/t silver and 10 million tonnes at 0.6% copper and 0.5g/t gold...

    These figures are from 2006 and very likely a gross underestimate considering recent drilling...

    Almost $5 billion worth of lead alone... 2006 figures.
 
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