Almonty Industries Inc T.AII

New pics on the website

[lonade]

looks like they placed the mining equipment (train...or whatever you call it lol) from the old days infront of the office on tracks.... looks good and great idea. link from the past to the future.

[guerreiro]

Nice close today; I am looking at $1.50 ,$2 when Almonty starts trading at the  Australian Stock  Exchange in April 2021, and as things are progressing this baby can be a $10 stock by 2023 and paying good dividend.  The fundamentals make sence. Have a awesome weekend.

[GaiusGermanicus]

Displaying the old equipment was probably a great deal cheaper than having it hauled away.  Definitely a smart application of resources.

[5ilverlining808]

I just went through a few hundred photos from the Woulfe days and found that mine train engine with all the dump carriages have been sitting exposed to the elements since mine closure in the 90's and was there next to the original portal outside the mine. Also found underground pics of detached dump carriages in much better condition that have now been removed from the mine to this new display

[chrisp6712]

I believe Mr. Black stated listing on the ASX would occur before the end of April, "most likely by mid-April". I enjoy your description of mine activities you see developing. 

[5ilverlining808]

You are right, thanks for the correction on ASX listing date. I also noted the old train engine seems to be a battery powered unit. Only a few small holes along the top for heat / fume vent. If it was petrol or diesel then it would have many more vents as well as emitting toxic fumes underground. So that big box on top of the rolling stock is a massive battery. A very old Tesla with no smarts

[chrisp6712]

In a decade or so, mining companies will use all electric equipment powered by hydrogen fuel cells. South Korea has plans to support it's future hydrogen economy. The SK Group, one of the largest energy companies in South Korea will spend $16 billion over the next several years to develop hydrogen production. They recently partnered with Plug Power, a US company, to help with the build-out. If

[GaiusGermanicus]

Use straight up batteries underground.  Hydrogen fuel cells still consume oxygen, a less than ideal characteristic in a mine.

[chrisp6712]

Fuel cells do use oxygen but at a negligible rate. Fuel cells eliminate the need to swap out batteries to recharge which is important in a 24 hour operation like mining. Batteries also become less efficient as the shift wears on, slowing production. Batteries are also impacted by low temperatures. Here is an example of fuel cell development in above ground mining equipment..

[GaiusGermanicus]

Why in the name of the 9 would you EVER swap out batteries?  Maybe during quarterly maintenance, but certainly not on a regular basis.  I think maybe you underestimate the utilization curve on modern batteries.  Also note, why batteries?  It's a freaking mine, it doesn't move, there are TONS of options for static power installations.  Not reason the hardware can

[chrisp6712]

Amazon, Walmart, Carrefour, Home Depot, GM, Kroeger and others use 40,000+ Hydrogen Fuel cell forklifts and robotic material movers in their 24 hour operations. They used to have to swap batteries in their equipment at least once each shift because charging is too slow and inefficient. Battery equipment also slows down considerably during the shift. Swapping batteries required a lot of extra labor

[GaiusGermanicus]

When you have HUGE installations and can afford to support the infrastructure required, and don't mind spending tons of money on feel good projects, then fuel cells are great.  Or, of course, if you're somewhere with no power transmission lines. You can otherwise expound on their wonderfulness when the technology has progressed to a point where you can buy an ( affordable ) Tesla

[chrisp6712]

Chill. I merely suggested fuel cell technology might be more common in mining in a decade or so. And fuel cells are not appropriate for a Tesla because they don't operate nonstop. Batteries make more sense in cars. This conversation reminds me of similar ones twenty years ago when solar and wind were new. A lot of people think new technology should never be adopted.

[GaiusGermanicus]

Solar still isn't that great, though mostly because, like wind, it's regional.  Works some places, not others, at least for now. And you're right, in 10 years it might be reasonable to build out a pilot mine using fuel cell tech, but only for a multi BILLION dollar operation with dozens of mines such that creating a prototype operation is worth the investment.  It's NOT

[5ilverlining808]

Either way, the mine development company (forgot name) has there own plan and equipment on hand and its not up to Almonty or us to say how they work or do there job.. They must now be "tickled pink" on news of mine permit extensions beyond the end of time. lol..