Post by
1dollarinto2 on Jul 04, 2023 2:47pm
Construction Updates
I believe the commitment was to do monthly updates on the construction at Sangdong. I recall the May 1st update and then the IIF presentation, company presentation update, and a couple of other speaking engagements, picture posts, and analysts updates in late May / early June.
My expectation is another update late this week or first thing next week, probably avoided the start of this week because of the Canadian and American holidays.
As for Facebook vs. other methods. My prefered is for things to be posted on the official Almonty website, with a secondary post on some form of social media. I think Almonty is using Facebook because that is where they have the most followers - 2,700 vs less than 1,000 on other platforms.
Hopefully the next update will be scraping and site prep compete and concrete foundations mostly laid. I believe back in mid-May they figured pads would be down in 45 days, so that should be about now.
Comment by
5ilverlining808 on Jul 05, 2023 6:15am
May 10th IIF Presentation : Lewis said "45 days for concrete pads to be layed". That would be one week before the end of June 2023. 60 to 90 days for physical plant construction ? Not sure if this is from May 10th, or from end of 45 days ? The first seems to be the one, so, maybe late August to late September for plant build start (depending on wheather, wars and such).
Comment by
whoisyourpapa on Jul 06, 2023 10:05am
Volume picking up in the last few days on the ASX