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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 5ilverlining808on Jan 03, 2024 5:37am
128 Views
Post# 35808224

RE:RE:RE:Cheers to 2024!!!

RE:RE:RE:Cheers to 2024!!!When I said "that others watching were impressed with the diverse scope of posters that provided a plethora of knowlege on all levels."
I was referring to Almonty share holders and not you or any other outsiders that are far from fitting to post anything of any use on this board.

Has it ever occurred to you that the Los Santos tailings recovery is not only to make profit, but more likely to also help fund the relocation of the front end equipment from Los Santos to the new 
Valtreixal project ?
Crushers, screens, conveyor gantries, Mills and assorted pumps and piping that are not needed for the tailings recovery will be relocated, while the flotation tanks, cyclones, thickeners, filter presses and such will remain on site to finish the job then be moved to Val.

You said :

"I see red ink for next 4 quarters 2024.
Los Santos will be lucky to break even on tailings processing".
Can you explain exacly how you came to make that comment ????





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