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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 TwelveBaggeron Nov 29, 2023 7:24am
187 Views
Post# 35758010

RE:ALMONTY INDUSTRIES - EARNINGS GROW ALMOST 3-FOLD

RE:ALMONTY INDUSTRIES - EARNINGS GROW ALMOST 3-FOLDThis is the most informative article I've read on revenues, expected revenues since I've invested in the project back in the Woulfe days.

The only problem I'm having is how it is now saying the ramp up period is slated to begin Q1 2025. Does this mean it will operate still in 2024 but they will really ramp it up in 2025? I can't recall the game plan and timeline the last time it was updated if anyone can help me out with understanding that again
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