Almonty Industries Inc T.AII

How Much Is Left For Bank Drawdowns ?

[5ilverlining808]

Will it cover what this poster asks on HotCopper forum ?

From poster "gopherbroke" (cute handle) :
"one wonders how much more debt they can accumulate until they get through that 12 month ramp up period and achieve profitable production".

In defence, please answer to poster directly, or give me some ammo to reply myself :-)

[corton68]

I would answer alot less than EQ are going to need becasue theyre never going to make a profit.....

[TwelveBagger]

LB always said the most important thing was to be on budget. Hes now signed off his latest news release as "we are a go" I personally don't see any risk at this point, then again I started investing in Woulfe lol

[whoisyourpapa]

Velocity is back from his vacation apparently. . .  

[therunner]

I have never ramped up a mine or a processing plant but I would assume (and strongly hope) that the 12 month period is not cashflow negative all the way. There will be revenue from concentrate sales, growing steadily as the process is optimized. I have no clue after how many weeks this thing will break even and become cash flow positive but doubt that we will pile up more debt for this. Of course

[corton68]

I think the recent announcement regarding the pilot plant was a clear indication to me that ramp up has been planned for carefully. Unlike this EQ mob (and basically all the others) who seem to build a plant  and then try and work out how to process the ore (and hemorrhage money at the same time) it seems we have followed the more traditional path of a larger mining company and actually

[TechOne]

As per last presentation in July, the Rampup for 12 months is Q1 to Q4 2025 .. that is after the plant is completed and commissioning is over last 2 quarters in 2024 so obviously we are running a bit late..  However, per original plan, Repayment starts Q2 2025 and that also tells me they are hoping that as the Rampup throoughput is increased, there should be enough revenue and cash flow