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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 TechOneon Feb 02, 2024 2:45pm
137 Views
Post# 35860141

RE:Brooms out

RE:Brooms outLet's hope next few months are smooth and timely in terms of Construction and commissioning of the plant.. 

Having been involved in few miners moving to production stage, I find that the risk to the company and the shareholders is the highest at this stage.. In terms of a sumble since now all the planning on paper have to turn into a production and profit. From extractation to processing, without any serious hiccups or a process that chokes..  

Hopefully it is all good... This obviously is the year when the rubber hits the road.. By Fall we should have some assurance..  In the meantime, I guess all we can really do is watch IIF and the updates there.. Unless the company has a change of heart and start showing their hands a bit more.. 
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