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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 rockminer56on Dec 04, 2023 12:27pm
233 Views
Post# 35767276

October IFF Presentation

October IFF PresentationThe one point among many that I liked (if you really listen) made by Lewis in the Oct 10th presentation  was at about 11.40 of the presentation and he said    "Get the cameras out" and that pertained to the chart, now on website.  The chart is headed  "Sandong-PLroject and outlook"  and the chart shows that;  I think he was telling us something!
-plant construction complete in Q2 2024
-start mining activities Q2-3  2024
-Q1 2025 will start 12 month ramp up.
For those familiar with mining production, will they not be producting some tungsten starting Q3 2024?....and would there be sufficient quantities to sell?  Will that help cash flow?
I look forward to tomorrow's offering.  I find it haard to easily access the last IFF presentation but it is there on the Bullboard  on Oct 11 , listed by 1Dollar..I dont think that Lewis wanted the public to easily access the update

On another note the stock is doing better on limited volume today, however there now is a bid for 42,000. @.52 cents and the ask is 32,000 @.55 cents.  That is better than we have seen in months.
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