Bullboard - Stock Discussion Forum Almonty Industries Inc T.AII

Alternate Symbol(s): ALMTF

Metals & Mining Copper

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... see more

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Almonty Industries Inc > Tungsten: Jiangxi Copper commence construction at Bakuta

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Post by 5ilverlining808 on Feb 09, 2021 11:49pm

Tungsten: Jiangxi Copper commence construction at Bakuta

fyi
Roskill 8th Feb 2021

https://roskill.com/news/tungsten-jiangxi-copper-commence-construction-at-bakuta/

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Comment by 5ilverlining808 on Feb 10, 2021 12:21pm

Sangdong and Bakuta seem to be on par as a similar build out time line (2 years), which is far less than 10 years as opposed to the rest that are not even ready to start at all, but just still struggling to find funds and financing for drilling to map out ore bodies. (some, not all). Almonty has the off-takes for Los Santos, Pana and the new Sangdong mine, and maybe one for the future Val project ...more

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Comment by whoisyourpapa on Feb 10, 2021 1:17pm

Bakuta's cost to dig up the ore is somethng to consider as Almonty has a huge advantage here compared to other tungsten mines. . . PS someone at Raymond James seems to like Almonty today whois

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Almonty Industries Inc