Original-Research: Almonty Industries Inc. (von Sphene Capital GmbH): Buy
Source: EQSClassification of
Company
ISIN: CA0203981034
Reason for the research: Update Report
Recommendation: Buy
from:
Target price:
Last rating change: -
Analyst:
Defence spendings drive tungsten demand
As geopolitical tensions continue to rise, the demand for advanced defence
technologies is likely to increase, driving the demand for tungsten armour
which is less regulated than depleted uranium and also considered
“exportable” by the US government. With the world’s longest producing mine
(Panasqueira) and the world’s largest tungsten deposit (Sangdong) under
construction, Almonty is – in our view – very close to becoming the most
important global supplier of conflict-free tungsten material. We continue
to value the shares of
You can download the research here:
http://www.more-ir.de/d/30001.pdf
Contact for questions
+49 (152) 31764553
peter-thilo.hasler@sphene-capital.de
-------------------transmitted by EQS Group AG.-------------------
The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactions.