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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 Mar 31, 2023 1:43pm
166 Views
Post# 35372272

RE:Mine Development

RE:Mine DevelopmentThanks whois,
if you didn't point that out I would have missed that post question from 
1dollarinto2.
That is the main reason I hate this new Stockhouse platform as it is not on par as it was in the past to read posts as they happen (this new platform stinks even though they tried to make it the same).

The mill drive motor in question for one of the first two mills to be installed was not what was ordered ie one good and one not. So the wrong drive gets sent back to Metso while a correct drive is put together, and it would not take more than 3 or 4 months to do that imho (very suss to me as well as the 60 day delivery time Blahh).

This whole process plant build should have been done by now regardless of three shipping containers of equipment and one bloody mill drive.
UGHH it is not an issue at all.

All the process plants I have built do NOT stockpile all equipment before the build.
There is just no room or time to waste.

- The site is cleared
- Roads, water and power is established
- Concrete is laid
- Lower ground equipment arrives on site (ie the stuff that sits on the concrete slab) and is installed
- Major building and support structure steel work is installed
- As the building goes "up" more equipment arrives on site to be installed further up the building "height-wise"
- Then you add the wall and roof sheeting

You can not put all the stuff on site at one time and there is no point to, it has to come in at a steady pace and three containers and one mill drive will not have any impact on any part of this build at all.

So to answer the fist part :-
The whole process plant can and should have been built by now and yes any other bits that are not yet on site including the mill drive can be installed later as ther will be a large in house gantry crane used just for that jod through out the plants life time.

The second part of you question :-

I mostly answered that above, and you are correct, every thing can be replaced using the overhead building gantry crane as well as normal road capable sized wheeled cranes (the building is quite spacious inside)


In short I think all this talk Lewis has said about delays due to containers and a mill drive is BS.
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