Post by
1dollarinto2 on Oct 15, 2024 10:34am
IIF Presentation - All Good News
Main takeaways:
1. Production to start in 2024 or Q1 2025 at the latest. Not sure on commercial production but with all the pilot plant work it should follow not too long after.
2. Pictures from site are from 3-4 weeks ago.
3. Moly is looking for an offtake agreement as the next step and advancement will be coming quickly.
All is well with Almonty, thanks Lewis for an informative and positive presentation.
Comment by
KimchiPolak on Oct 15, 2024 11:22am
Seems like all good news. Nothing too fantastic, but good news is that within 9 months-12 months time commercial run should be happening. I did some back-of-envelope caculation based on technical report produced in 2016, and likely there will be 72M CAD cashflow per year in first year of operation, as LB presented. That's around P/E 3.5 for current price, so all happy news.
Comment by
whoisyourpapa on Oct 15, 2024 11:57am
I think I managed to post an audio recording of the presentation on ceo dot ca https://ceo.ca/aii whois
Comment by
TechOne on Oct 15, 2024 1:27pm
Yes you did.. It works https://cdn-ceo-ca.s3.amazonaws.com/1jgt432-AUDIO-2024-10-15-07-41-20.m4a
Comment by
Look4Profit on Oct 15, 2024 12:27pm
LB also mentionned that alot of the facilities are subterranean so as to not be as affected by the extreme weather. Explains too why there could be enough more progress than meets the eye when it comes to aerial photos.