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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 QuarterDollaron Feb 02, 2023 10:49am
272 Views
Post# 35262214

RE:RE:Live On Stage

RE:RE:Live On Stage
  • ...IIF is more like quarterly....so we are getting quarterly updates from LB which don't contain much.  Perhaps this is the mundain part of the rollout of the mine with not much to report.
 
  • I am wondering if something else is going on that is keeping LB busy.
  • A few months back LB said one container was to arrive in Jan (because the wrong part was shipped), but three containers were received in Jan.
  • The underground cellular communication and tracking network was installed and tested before shareholders were told. 
  • All we know is we will commence production late this year and that we are on budget.
  • I think LB was also working on the progression of the Downstream Plant.


  • On a related note, I have put my spreadsheet aside, because what LB has stated and what has been posted on the website don't match up.  Furthermore, my numbers don't match up either with what has been said.  It is a little frustrating.
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