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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.


TSX:AII - Post by User

Almonty Industries Inc > 183,000. sh. traded so far!
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Comment by cubesoftungstenon May 13, 2024 11:30am
111 Views
Post# 36036903

RE:RE:183,000. sh. traded so far!

RE:RE:183,000. sh. traded so far!
There is so much pending, anything less than a substantive update at this point will not be positive. Off the top of my head, we need to know:
  1. What is happening with the remaining drawdows from KfW, an announcement was "imminent" weeks ago but nothing, are they having issues?
  2. Is the start of mining still on track for September?
  3. Where is that agreement with the EU that was expected soon, weeks (months?) ago?.
  4. What is happening with downstream or additional offtakes. Who in SK is going to be buying?
I'm sure I am missing a few. I frankly do not care very much about additional aspirational Moly updates, that is in the far future, what is happening with the massive Tungsten mine that is supposed to reopen imminently?!?!
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