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 > New Press Release - Almonty Completes Final Technical Review Prior To Processing Plant Equipment Installation at the Sangdong Mine

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Comment by Maxmoeon Sep 12, 2024 8:32pm

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Post# 36221481

RE:RE:RE:RE:RE:RE:RE:New Press Release - Almonty Completes Final Technical Review Prior To Processing Plant Equipment Installation at the Sangdong Mine

5ilverlining808 wrote:
1dollarinto2 wrote: I don't think I am reading the timline from slide 21 of Almonty's most recent presentation the same as those who are saying things are delayed.

From my read of the timeline slide mining activities begin between the start of q3 2024 and the end of q1 2025. Completion and Commissioning is to be completed before the end of q4 2024. Ramp up of the mine is throughout 2025.

Lewis previously said that underground work for phase 2 would begin in September; however there is nothing in this release that suggests this is not the case and in the release he talks about processing in 2025 which is what the timeline slide shows.

I read this news as good news, once processing is going things are expected to run smoothly thanks to three years of testing and perfecting.

Sorry, not sure why people are talking about things being delayed based on the current presentation.

1dollar, you read the milestone timeline chart correctly-ish.
The start of activities are depicted as a grey colored arrow, the flat side to the left is the start dates and the arrow to the right is the proposed non- defined finish dates.
As far back in the presentations I have saved, nothing has changed in the milesone charts since October 2023.
My earliest last save of a presentation was June 2021 and the completion/commissioning start date was Q1 2022, and we all know that was extended due to magical deals made with the bank and suppliers.
I have pointed out these dates many times in the past pres news as you have just done, but they seem to hang on SP and who is buying and selling.
I cant watch yo-yo's go up and down all day.
It will not be long for Almonty to list on the South Korean SX.
As Lewis always said "we are on track", and now "we are a go".
I trust him to the max.