Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Industrial Metals & Minerals

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.

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Almonty Industries Inc > IIF Presentation

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Comment by QuarterDollaron May 10, 2023 6:04pm

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Post# 35441887

RE:RE:RE:RE:RE:RE:IIF Presentation

Presentation Clarification Required from LB:

Slide 16 states Start of Sangdong Phase II by 2026/2027, which aligns with Phase I production timeline.
Slide 18 states Phase II Expected Start of Production 2026/2027 and Phase I is starts in 2025.
Which one is true?
The timeline for the TO plant is H1 2026 which doesn't align with Slide 16 as the TO plant is dependent upon the Phase II being in production and producing at full capacity.

Slide 16 also states "WO3 from external concentrate" is about 1000 tons. Where is that concentrate coming from??? Panasquiera or Valtriexal? Or does external mean from outside Almonty? I hope this is not a shell game.