Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.

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Almonty Industries Inc

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Comment by Zamasuon Aug 11, 2020 7:16pm

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Post# 31395430

RE:RE:RE:RE:RE:RE:RE:RE:Panasqueira Tourist Development Agreement

It's really what everyone feels right now.

I just wish Lewis could share what's the actual last condition to finishing the financing, as it's clearly not OeKB ECA agreement, as it has already been received by KfW. It's not the loan documents either, as he mentioned that it's already in their possession.

I'm assuming the financing is now dependent on the completion of the 'Owner's Costs Financing' which is about $23 million remaining according to the First Berlin article.

Would be a big shame though when I liquidate my shares at the end of the year, then he announces conclusion of the financing the next day LOL.

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