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Bullboard - Stock Discussion Forum 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... see more

TSX:AII - Post Discussion

Almonty Industries Inc > Australia G6M Dolphin start up Q2 2023
View:
Post by TELEMARKER on Apr 17, 2023 2:07pm

Australia G6M Dolphin start up Q2 2023

Two phases of mining underpin total reserves of 4.4Mt at 0.92% WO3
Year 1 – 7 - Open-cut mine producing 400ktpa yielding an average of 240,000 MTUs of WO3
Year 8 – 14 - High grade underground mine producing 300Ktpa yielding an average of 260,00 MTUs of WO3

02647442.pdf (weblink.com.au)
Comment by QuarterDollar on Apr 17, 2023 2:50pm
I didn't see their CEO or other company execs on the list of top shareholders. And at their stage of development, I would think they know what the cost per MTU should be and we don't see that posted either. Everything sounds nice but I am leary.
Comment by QuarterDollar on Apr 17, 2023 3:42pm
In one of their older presentations, they stated "Optimised fine ore separation through use of Multi-Gravity Separators (MGS) results in lower flotation costs and higher recovery (~78%)" 5ilver correct me if I am wrong but either you use Gravity or Floatation.... and if you choose to use Gravity, then your floatation costs should be lower because you are not using it.  This ...more  
Comment by 5ilverlining808 on Apr 18, 2023 10:52am
I will attempt to answer some, but money wise ? Not my forte. If you ar talking about G6M  Both gravity and flotation will be used.and you cant really do it with out both. You still need flotation to break down the Tungsten into a chemical soup to produce a white poder. But the use of some thing like a gravity fed "Derick Screen" system would reduce the flotation process size ...more  
Comment by QuarterDollar on Apr 18, 2023 10:56am
Thanks 5ilver Short life is the concern I have.
Comment by TELEMARKER on Apr 17, 2023 6:14pm
Chris Ellis - 13.7% J Jacobs - 1%
Comment by 1dollarinto2 on Apr 17, 2023 3:42pm
Thank you for sharing Telemarker, I do not hold shares in Group Six, but am very interested in G6M's shareprice in the coming months during the start of production, I think due this quarter. Group Six shares seem to trade a fair amount of volume but the shareprice has been in a very tight (and low) range over the past four months as they get closer to production. I'm hopful for holders of ...more  
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