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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 lonadeon Apr 20, 2022 9:16am
152 Views
Post# 34615886

RE:RE:RE:RE:New NASA Alloy GRX-810.

RE:RE:RE:RE:New NASA Alloy GRX-810.Wres...no chance. their resource is such an extreme low grade that it will always be very challenging to produce at breakeven let alone make any profit....

but some crazy offtaker could to keep it running just to ensure a steady western supply of tungsten; any profit would be then made further down the production chain.

that mine has been dead for longterm shareholders since long time; was only good for flippers with a high risk appetite.

as to the others, i dont think managment need to take any gambles with those. Almonty is in a very luxurious position with a huge reserve with a good grade and then possbily the moly...in addition not all mining areas have been fully drilled yet.

stick to Sangdong (Tungsten Phase 1, Tungsten Phase 2, Tungsten Process Plant, Moly Mine, potentially Moly processing..) for now...we need nothing else.
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