Groundbreaking???Has anybody heard if groundbreaking has begun? We were told in September it would be September 26, told in October it would be late November/early December and on December 28 we were informed it commence effective January 2, 2018.
Also, I find it contradictory that the release dated December 28 stated the construction of Sangdong would take 18 months and another 6 months for commissioning (which puts it into 2020 - best case scenario if in fact they do receive the financing asap) after which Lewis Black stated that Sangdong will be in commercial production after ramp up no later than Q3 2019. It would be a record for a mine to be in full production that soon after EPC and commissioning!!
I am also not impressed that Almonty will not return emails or telephone calls. If anybody has pictures on the groundbreaking, information on the financing or feedback from the company please post it on the board. It would be greatly appreciated.
I still have a minimal amount of AII shares and am thankful that most of my proceeds of the sale of the other shares went into zinc and pot. At this point in time I have the feeling they might take the company private seeing the insiders have a majority ownership.