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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 1dollarinto2on Jul 04, 2023 2:47pm
240 Views
Post# 35526128

Construction Updates

Construction UpdatesI believe the commitment was to do monthly updates on the construction at Sangdong. I recall the May 1st update and then the IIF presentation, company presentation update, and a couple of other speaking engagements, picture posts, and analysts updates in late May / early June. 

My expectation is another update late this week or first thing next week, probably avoided the start of this week because of the Canadian and American holidays.

As for Facebook vs. other methods. My prefered is for things to be posted on the official Almonty website, with a secondary post on some form of social media. I think Almonty is using Facebook because that is where they have the most followers - 2,700 vs less than 1,000 on other platforms.

Hopefully the next update will be scraping and site prep compete and concrete foundations mostly laid. I believe back in mid-May they figured pads would be down in 45 days, so that should be about now.
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