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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

TSX:AII - Post Discussion

Almonty Industries Inc > 9. IFF
View:
Post by whoisyourpapa on Dec 05, 2023 10:41am

9. IFF

  • Chines Import Duties expected to be lifted next year which will have positibe effect on price of Tungsten
  • Starting to concentrate on Moly deposit again - High Grades, reselient price. JORC update coming. Would take 6 weeks to get in to the deposit.  Already fully permitted, shared infrastructure with Tungsten mine
  • Everyone hates a WINNER - A lot of the negative comments surrounding Sangdong coming from haters/competitin but are baseless - Everything is on track
  • Phase II (downstream) advancemet update coming soon.  Offtake discussions ongoing.  Captal raise close to being done but wants to tie it in with downstream kFW loan
  • New ramp at Pana will start construction in February - Don't need US government to get started - Mature plan not a huge technical undertaking.  50 year espansion.  30% margins
  • Don't expect NRs on progress at Sangdong
  • Full production by start of 2025

whois
Comment by chizzles on Dec 05, 2023 7:17pm
Thanks Whois! Nice to hear that update on both Moly and Downstream are coming soon!
Comment by 5ilverlining808 on Dec 07, 2023 6:07am
From what whois posted from the 9.iif, phase II is the downstream tri-oxide process plant to be built off site in another industrial area nearby. Even though Lewis said "would take 6 weeks to get in to the (Moly) deposit", that does not mean "soon", it just means how long it could take and how close it is now they have exposed and built all the tunnels and galleries to the ...more  
Comment by 5ilverlining808 on Dec 07, 2023 4:07am
Can some one please post a link to the 9.IIF presentation :-)
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