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 > financing

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Comment by QuarterDollaron Mar 14, 2022 2:13pm

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Post# 34512465

RE:RE:RE:financing

Granted this hickup is annoying, but I am more focused on Almonty's growth strategy.
The one thing I didn't like was the fact that we sized the infrastructure for 640kt, and then the S.K. Govt and Industry showed up at the 11th hour saying hey Almonty, you need to produce more output than your pnanned maximum capacity. Well how is that going to work? Are we having two sets of all equipment, mills, crushers, floatation circuits?
That to me isn't very cost effective. Perhaps we are going through a resizing of the plant and equipment. Any costing penalties would have to be picked up by the Gov't or Industry.
And of course LB couldn't make a NR because it hasn't been finalized. This would definitely change the date of the loan and perhaps they are merging the $75M and the new $50M loans together.

Just some food for thought.

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