Almonty Industries Inc T.AII

IIF Question Time

[5ilverlining808]

Only four or so get answered due to time limits.
It depends on how long Lewis will spend to answer.
Time to open up.

[chizzles]

As usual, I thank you guys in advance to post the highlights of the IIF!

[GastownGuy]

well good for you guys for staying positive. i'm concerned we will see another drop in share price after that announcement, maybe back into .30's

[TwelveBagger]

Explanation?

[whoisyourpapa]

The overreaching message I got from the presentation was: Commissioning is on track I got the sense that in regards to the construction progress he feels he needs to "fly under the radar" and not ruffle any feathers.  Not sure what to read in to that. . . He said he cannot be expected to post pictures of the progress every time a pole goes in the ground (to be fair

[GastownGuy]

i was worried that the market would not like the cheap dilution by management and insiders. happy to be wrong

[lonade]

Was i the only one that realized how good this news was today!? Lewis announced the doubling capacity of our running mine in portugal , the financing will most likely be linked with a 10-20 year offtake agreement with the US Department of Commerce. I couldn't imagine a more stable and secure offtaker in the world. If Lewis could now also put the cherry on top to have a floor price similar to

[chizzles]

Everything sounds fantastic, thanks for the updates everyone! Better than expected..

[chizzles]

I love that Lewis said that he was going to make a killing on the latest financing, which was at $0.45 CDN, pretty much where we are trading now. There was a lot of major positive today. Doubling at Panasqueira, late stage discussions on the equity portion for the downstream project, US govt interested, etc. Hopefully we get news on downstream soon and an actual update on our progress. He

[whoisyourpapa]

Regarding the timeline he was working off an investor presentation dated October 2023 that he said would be up on the website "shortly". When he was on the page for the Sangdong timeline he kinda egged people on to "take a picture of it".  Do with that what you will but I take it to mean he will do everything in his power to stick to that timeline. . . whois

[whoisyourpapa]

Open question to everyone/anyone here: Do you guys think LB holds some cards close to his chest because he's trying to keep certain details away from competitors?  Could that even be a thing in mining in general and Tungsten mining specifically?

[TechOne]

So did any one take the picture or noted the time line in terms of commissioning and full startup ? Are we still talking end of 2024 for commissioning and 1st Qtr. 2025 for startup >

[1dollarinto2]

Completion and commissioning q3&q4 2024. Start mining activities q3 2024. The slide was the same as slide 15 of the current presentation on Almonty's site from May 2023. Presentation matches the comment from Lewis that there are no changes in the construction schedule.

[5ilverlining808]

That rings true 1dollar, I think these goals are achievable with ease. From May 24 2023 :- https://stockhouse.com/companies/bullboard/t.aii/almonty-industries-inc?postid=35461803 We all have seen how quick the Dolphin project was built. Good for them, BUT, a short term mine life like that can not compare to Sangdongs mine life. I am a bit puzzled why Lewis is avoiding any news or pics on above

[whoisyourpapa]

I agree 5ilver avoiding to put out pictures of the above ground construction is a head scratcher.  This is what caused me to wonder out loud if there is some Intellectual Property reason to not reveal things to competitors though that is doubtful. . . I personally think there has not been much happening witht the above ground construction but LB still believes he can meet the timeline

[5ilverlining808]

Can anyone point me to the website that posts the you tube of this iif ? Plus the link to watch it. Thanks in advance :-)