Almonty Industries Inc T.AII

New Press Release - Almonty Announces the Filing of Its Annual Audited Consolidated Financial Statements, MD&A and AIF for the Year Ended December 31, 2023 and $2.2M in Positive EBITDA From Mining Operations(1).

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) today announced the filing of its audited annual consolidated financial statements, management’s discussion & analysis (“MD&A”) and AIF for the year ended December 31, 2023. Unless otherwise...read article.

[whoisyourpapa]

"The company is in an exciting phase right now, with the buildout of our Sangdong mine being in full swing towards completion of construction, with drawdowns on our KfW $75.1-million (U.S.) loan facility being received on time and as planned and with the seventh drawdown about to be called imminently. "The remarkable construction progress achieved throughout 2023 marks a significant

[QuarterDollar]

With the successful arrival of over 90% of the required machinery and equipment, the project is steadily taking shape.   Over 90% successful arrival of machinery and equipment?  What does that mean? What is missing?   LB says Phase I completion is at the end of Sept.  We will see if he keeps to the schedule.

[5ilverlining808]

I can only guess that the last 10% is the large tailings thickener tank + hydraulic drive and the tailings paste pump + ancilleries, which are at the tail end of the process plant. But, who knows for sure on our side of the fence ?  +

[5ilverlining808]

I forgot to point out the most important part of the process at the tail end. PRODUCT.  After product is processed it needs to go through a filter press, which sqeezes excess liquid out to create a moist cake, then the product will report to the dryers to ensure there is minimal moisture content. This is very important to the clients, as they do not want to pay for the weight of water. Then