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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 TwelveBaggeron Nov 29, 2023 7:24am
159 Views
Post# 35758010

RE:ALMONTY INDUSTRIES - EARNINGS GROW ALMOST 3-FOLD

RE:ALMONTY INDUSTRIES - EARNINGS GROW ALMOST 3-FOLDThis is the most informative article I've read on revenues, expected revenues since I've invested in the project back in the Woulfe days.

The only problem I'm having is how it is now saying the ramp up period is slated to begin Q1 2025. Does this mean it will operate still in 2024 but they will really ramp it up in 2025? I can't recall the game plan and timeline the last time it was updated if anyone can help me out with understanding that again
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