Almonty Industries Inc T.AII

RE:Ramp Up.

[QuarterDollar]

5ilverlining:  Plus far future demands might warrant another Tungsten or Moly process plant on site "over another hill" to meet those demands ???

My meaning on this is that the mines will be in demand for close to 100 years.

I'll be worm food long before that lol and ouch !!!

• 5ilver! You brought up an interesting point.  I did think of this several months ago but then dismissed it.
• I would be amazed if LB found another tier one mine that was as profitable as Sangdong.
• Then there is the mining equipment I think is being installed at one end of the resource so as the tungsten is extracted, the resource is moving further away from the mining equipment (increasing costs incrementally), but I guess they could alway move the mining equipment at some point.
• Now back to your comment 5ilver which could bear some merrit. It would average out costs more for Sangdong but more importantly, produce enough profit for Almonty to think about very large scale growth. Having 2 moly and 2 tungsten mines at Sangdong could easily bring in profits in the range of $200M-$400M. This could easily fund billion dollar projects.
• I know this is a bit far off in LaLa-land, but it is also a possibility. Considering one the objectives of a coporation is unlimited life, and given the Sangdong resource will give Almonty a couple of hundred years of mine life, but one day it will run out. So if Almonty wishes for continued existence and/or remain as a Tier One company, they need to consider investing in and productionize other very large economical resources in the world. This type of planning can take a decade or two to implement, but if Almonty wants to become a large Tier One player, this is what they have to do.

Now I am very curious to see what LB's next steps will be as it is his growth strategy that will determine how large Almonty will grow.