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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 therunneron Sep 13, 2024 7:11pm
88 Views
Post# 36223309

RE:How Much Is Left For Bank Drawdowns ?

RE:How Much Is Left For Bank Drawdowns ?I have never ramped up a mine or a processing plant but I would assume (and strongly hope) that the 12 month period is not cashflow negative all the way. There will be revenue from concentrate sales, growing steadily as the process is optimized. I have no clue after how many weeks this thing will break even and become cash flow positive but doubt that we will pile up more debt for this. Of course some transparency from the company would help, maybe this is a question for LB at the IIF12.
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