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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 cubesoftungstenon Oct 01, 2024 2:46pm
111 Views
Post# 36248795

RE:RE:RE:RE:so, if you build a mine

RE:RE:RE:RE:so, if you build a mine
I mean its silly to ask where the mine is when you can see it on satellite.

But, I am curious how close the mine is to opening. Up to the latest update (last May), Lewis said they were on schedule, so we should be starting mining soon... But I think most of us are now worried that they are not on schedule. There are also other announcements made regarding the EU, etc... That have not been followed up on. I think it's great the share price has recovered somewhat but Lewis has signficant debt to pay back and needs a working and profitable mine to do it.
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