Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

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.

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Almonty Industries Inc > News release

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Comment by QuarterDollaron May 12, 2022 9:36am

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Post# 34677270

RE:RE:RE:RE:RE:RE:News release

Some good points were made.
This goes back to one of my previous posts regarding LB's experience. He has never played in the big arena with big business and yes it is a learning curve for him. Yes things could have been done better, but he will learn.
But also in his defence, the CEO's of all of the other startups don't have this experiece as well. Furthermore, if you lined up all of these other CEO's, including the one managing Hermerdon, which CEO would you prefer?
I purchased a few large appliances last November and every month the appliance store keeps telling me they will arrive next month. If I was a CEO giving you this monthly update, you wouldn't be pleased with me......."Don't worry shareholders, your appliances will be here next month". [This wasn't the appliance store's fault as they did the best they could. I finally called the Manufacture and pinned down a date].
And as Ionade pointed out, we are moving forward..... i.e. are we moving forward in a significant way? I guess we would have to say yes. It is not the perfect rollout but it is progress.
One of our problems we are creating for ourselves is our expectations of the rollout of this project. We are comparing it to other rollouts in previous years. These are not normal times. We are dealing with major supply chain issues and inflation. This makes it very challenging. We should keep this in mind.