Almonty Industries Inc T.AII

RE:New Video.

[QuarterDollar]

• Thanks for post 5ilver!.... I guess that answers a lot of questions and concerns this board has posted recently.

• LB also seems to have warned us shareholders that production may be (2 months early or)  2 months late which is NOT a concern to him. Controlling costs is his highest priority.  
• LB also stated that he is not going back to the market for more funds. No shareholder dilution and no further debt.
• It is really important for LB to stay on budget because it conveys to new institutional investors and lenders (i.e. KfW) that they know and control their business. Furthermore it conveys to existing shareholders there is no further dilution or profits redirected to pay for loans.

• I am curious why LB bringing up the relationship with China and Tiawan. Tiawan is one of the big 3 semiconductor producers and China has always claimed Tiawan is theirs, but the US has battleships in the vicinity too. I wonder if politics is heating up and LB is forwarning us of a potential disruption is tungsten supply from China, which could easily double the price of tungsten. Regardless of how much tungsten prices increase, suppliers will accept the higher price as it doesn't add much to  production costs. Any tungsten price increase is good for Almonty.

• I am focused on our growth path again....... LB says the roll out of Sangdong tungsten is a forgone conclusion of which I am of the same opinion. Almonty has many things on their plate to deliver over the next few years. In approx. 1 year, profits should start to flow from Sangdong and in 1.5 years, Sangdong should be at full capacity.  There should be ample profits to cover the loan payback, the downstream plant, and the roll out of Val. Or is there?  If LB is planning to get Sangdong moly up and running within 4 years, then money is very tight. Controlling costs is essential.  As I have said in one of my earlier posts, Sangdong moly is a game changer as both Sangdong mines can easily fund the roll out of new Tier One Mines. Getting the Moly into production asap is a major and key stepping stone for Almonty.