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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

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.


TSX:AII - Post by User

Comment by 5ilverlining808on Apr 23, 2021 12:00pm
238 Views
Post# 33055312

RE:RE:RE:RE:RE:the buying has started

RE:RE:RE:RE:RE:the buying has started I like your posts.
The price of Tungsten today will only impact the existing working Almonty Los Santos and Pana mines.
Sangdong still has a few years to go yet.

The Sangdong Mine has the luxurious deal with Plansee / TPG of a minimum base price of $230 regardless of the market price.
If it goes to $300 after the Sangdong project is up and running in a few years then all three mines are on top.
If it goes below $230 at that time then Sangdong will be the only one to bring in the money.

Then there is the future Moly project at Sangdong and the Val project in Spain which is slated to be developed once Sangdong is well and truly in production.

The Moly drilling results will take up to six months (October 2021 ? )
to be mapped out then a mine plan will be made as well as the inclusion of the upgrade to the Tungsten process plant to include the processing of Moly.
I strongly believe this process upgrade has already been incorporated into the overall plan in advance.




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