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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 > Cheers to 2024!!!
View:
Post by whoisyourpapa on Dec 30, 2023 5:07pm

Cheers to 2024!!!

2024 Should be very exciting for Almonty.

 

I would expect a steady stream of news & updates coming from the company with everything it currently has going for itself.

 

  • Next 2 IIFs are on February 21 and April 17th - at minimum these provide reassurance that things are progressing

 

  • Additional drawdowns from the Sangdong loan facility.  I estimate there must be 2 drawdowns left.  Probably the next one in February/March and the last in May/June (assuming there are no delays)

 

  • Pictures of the completed plant in S. Korea.  At some point they will have to shaw us the actual plant I would assume. . .

 

  • Start of Commissioning of the mine sometime in the beginning of Q3

 

  • Start of processing the ore and actually selling the first Tungsten from the Sangdong mine

 

  • Level 3 mining at the Panasquiera Mine slated for commencement in this coming February 

 

  • Deal with American Government for Tungsten from the Panasquiera Mine.

 

  • Update to the the Moly reserves plus possibly an offtake?

 

  • New announcements regarding the downstream plant including possibly offtake agreement, plus equity/debt financing. 

 

  • Other things we can expect to see is increase of the price of APT with Chinese import duties due to be lifted.  Also, if it’s true that the price of Tungsten trails the price of Copper we are looking bullish. . .

 

With all this the stock price will inevitably follow.  I’m predicting a new 52 week high for the stock sometime in March 2024

 

A happy and prosperous New Year to all of you on here, it’s a privilege to be part of this chat board with you which I will say again is one of the sharpest on stockhouse.

 

whois 

Comment by chizzles on Dec 30, 2023 9:44pm
Looks great Whois, should be a very fun year for all of us! I would also like to add the reopining of Los Santos to that long list of things to expect in 2024. I've also been wondering about the listing on the SK exchange which was something that we applied for (and I believe got accepted) years ago. If I remember correctly, I like LB mentioned at one point that this will happen once we ...more  
Comment by 5ilverlining808 on Jan 02, 2024 9:18am
Your last point :   "A happy and prosperous New Year to all of you on here, it’s a privilege to be part of this chat board with you which I will say again is one of the sharpest on stockhouse." Ten years ago in 2013 when I first started posting on Stockhouse Woulfe Mining Corp board, one of my colleagues said the exact same thing, that others watching were impressed with the ...more  
Comment by TELEMARKER on Jan 02, 2024 11:25am
I commend all the optimists. I see red ink for next 4 quarters 2024. Los Santos will be lucky to break even on tailings processing
Comment by TwelveBagger on Jan 02, 2024 12:44pm
Are you a shareholder?
Comment by whoisyourpapa on Jan 02, 2024 2:15pm
Of course he's not a shareholder. . . https://stockhouse.com/companies/bullboard/t.aii/almonty-industries-inc?postid=35717639 for the record I have owned AII in past. I do not currently. I am ready to jump in as soon as the time is right. All i see at the moment is another 4 quarters of red ink. G6M is producing and has a one year jump on Sangdong. G6M has a billion shares and share ...more  
Comment by corton68 on Jan 02, 2024 3:34pm
As long as he keeps trash talking us we'll be fine given his 100% fail rate! I guess in the cold weather he doesn't get out of mama's basement much 
Comment by TwelveBagger on Jan 02, 2024 4:15pm
Why would someone spend so much time on a forum of which they have no skin in... This stock is unjustly beaten down with a lot of momentum going the companies way. If someone was trying to time their entry now would have to be it. Value will be priced in once the mines open (and probably sooner) regardless of whether or not it's shown immediately in the profitability.  That W hound ...more  
Comment by 5ilverlining808 on Jan 03, 2024 5:37am
When I said "that others watching were impressed with the diverse scope of posters that provided a plethora of knowlege on all levels." I was referring to Almonty share holders and not you or any other outsiders that are far from fitting to post anything of any use on this board. Has it ever occurred to you that the Los Santos tailings recovery is not only to make profit, but more ...more  
Comment by TELEMARKER on Jan 03, 2024 10:32am
Valtreixal is way off in the future. Very little info to know if it will ever be developed. Maybe the V ore could be trucked to Los Santos for miliing. Los Santos tailing processing - status and profitability remains to be seen. LB is holding back on disclosure. There is the possibility of going underground at Los Santos. Almonty is dead money for 2024. I don't expect any takeover offers ...more  
Comment by 5ilverlining808 on Jan 03, 2024 11:19am
You are nuts idiot, go away. You  have no respect here at all.
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