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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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 QuarterDollaron Mar 11, 2022 1:49pm
177 Views
Post# 34507345

RE:RE:RE:RE:RE:RE:Updated Report

RE:RE:RE:RE:RE:RE:Updated Report
  • At some point you will have to realize that Almonty is not a small company, given that it is in its beginning stages of deploying one of the largest tungsten mines in the world.  This means, don't expect news releases on every small accomplishment. 
  • NRs have to be meaningful, but they are not only for the investor. The frequency and the quality of the NRs has an impact on Company Image and Branding which will have a greater impact on potential Tier 1 customers and those who want to build a business relationship with Almonty.
  • We have been waiting a long time for this, so ease back the seats in your Flinstone-Mobile and enjoy the journey for at least the next 8 years.
  • As for the RaaS Report:   

With total booked reserves and resources of ~58Mt, Sangdong has a potential mine life of >90 years at a projected production rate of 640kt pa. This is as close to an annuity project as you will see.

"Annuity Project"...... Do you realize what a BIG DEAL that is!!!!!

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