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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 Jun 21, 2022 10:30am
155 Views
Post# 34771057

RE:RE:Contact with Almonty?

RE:RE:Contact with Almonty?This has happened many times in the past when there was a long lull in NRs.
The shareholders vent concerne on the board.
Then, "BANG" we have things like :-
- Korean Govt. footing the bill for power and water installation, plus a multitude of other subsidies.
- KIGAM Pilot plant steps in.
- Plansee/GTP off take is done.
- Permits for the Val Project.
- Bank loan approved.
and so on.....

Historically all these events occurred after a lull.
The result from the board was always (for most) a praise for the company to think and make headway.on all existing and future projects.
So I am very interested on whats next, besides Sangdong, but as all of you I would be thrilled when the Sangdong P roject starts to build.

Some thing is going on in the background, and it might be big ???




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