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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

Post by blueskieson Aug 11, 2022 11:55am
278 Views
Post# 34888515

Production and Profits Now a Foregone Conclusion

Production and Profits Now a Foregone Conclusion
I appreciate Lewis saying:
 
“we have now drawn down the loan which is very important because now it tells all of our investors that we’re done.”
 
I recommend all investors listen to the video, a few exciting quotes to get excited about on the Sandong build:
 
“This mine is now fully under construction.”
 
“It’s being constructed to completion during next year.”
 
“This project will be built on budget
 
On tungsten
 
“Price is still strong, demand is really strong.”
 
“We could sell probably 3-4 times our output when at full capacity at Sandong.”
 
I really enjoyed this video, Lewis concisely summarizes why people should be getting excited about Sandong and Almonty. 
 
Remember, production and cash flows at Sandong have been talked about as an annuity style investment where production could last 90 years.
 
The build and future profits are both now a foregone conclusion and easily calculated. 
 
I’m interested to see how long people wait to make sure they get shares of Almonty before production starts.
 
I made my bet long ago, and I’m happy to say my bet is now an investment!
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