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Almonty Industries Inc ALMTF


Primary Symbol: T.AII

Almonty Industries Inc. is engaged in the mining, processing and shipping of tungsten concentrate from its Los Santos tungsten mine located near Salamanca, Spain, the processing and shipping of tungsten concentrate from its Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal, the evaluation of its Valtreixal tin and tungsten mine project located in Western Spain, as well as the evaluation and expected re-opening of its Sangdong tungsten mine project located in South Korea.


TSX:AII - Post by User

Comment by cubesoftungstenon May 13, 2024 11:30am
96 Views
Post# 36036903

RE:RE:183,000. sh. traded so far!

RE:RE:183,000. sh. traded so far!
There is so much pending, anything less than a substantive update at this point will not be positive. Off the top of my head, we need to know:
  1. What is happening with the remaining drawdows from KfW, an announcement was "imminent" weeks ago but nothing, are they having issues?
  2. Is the start of mining still on track for September?
  3. Where is that agreement with the EU that was expected soon, weeks (months?) ago?.
  4. What is happening with downstream or additional offtakes. Who in SK is going to be buying?
I'm sure I am missing a few. I frankly do not care very much about additional aspirational Moly updates, that is in the far future, what is happening with the massive Tungsten mine that is supposed to reopen imminently?!?!
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