Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by blueskieson Mar 29, 2022 3:48pm
210 Views
Post# 34556576

Expecting news within 72 hours

Expecting news within 72 hours I expect we will get an update no later than two hours after close on April 1st based on the comments from Lewis in late February I think a news release is required. I'm hopeful the news will be a fulsome update stating the long lead time equipment has arrived and linked to this the initial drawdown occured to pay for this equipment. It is possible the announcment will be that due to an increase in Covid cases in South Korea the delivery of the long lead time equipment is be delayed by a couple of weeks and thus the drawdown will not occur until it is required. I think the positive news is any delays at this point should be weeks not months.
<< Previous
Bullboard Posts
Next >>