Almonty Industries Inc T.AII

so, if you build a mine

[GastownGuy]

in the mountains of korea and never provide any information or documentation on the projects progress, will anyone  believe there is actually a mine there????

[corton68]

Well I'm guessing KFW does as they keep authorising drawdowns and not m guessing that tier 1 banks like KFW are totally on top of what is going on.

[GastownGuy]

well yes, but they have toured the site and been provided with all the documentation and data on the projects developement from the very beginning. maybe they should let a few more investors in on the secret

[Ilovegame]

Well, KFW knows what's going on and will collect interest on time and on schedule. We do not get same information on the mine. It is like a black box. Anybody know when can small investors get paid? One more year or more? No show because nothing to show.

[whoisyourpapa]

We're 5 and half months from the last IIF update - that's a long time without getting a sense of what's going on.  In 2 weeks from today we should get a proper update especially regarding the timeline, commissioning and start of mining activities. . . On another note I've noticed that velocity is gone from the ask after having a total of 99K shares for sale yesterday at .80

[chizzles]

Maybe Sep 30th was the deadline for Velocity to get rid of as many shares as they can lol. Gotta make fun of myself a little...

[cubesoftungsten]

I mean its silly to ask where the mine is when you can see it on satellite. But, I am curious how close the mine is to opening. Up to the latest update (last May), Lewis said they were on schedule, so we should be starting mining soon... But I think most of us are now worried that they are not on schedule. There are also other announcements made regarding the EU, etc... That have not been

[corton68]

This business on the debt is often used by competitors to attack us. What is worth pointing out is that the debt from KFW is development debt which is the cheapest and most flexible debt available and never available to Juniors normally. The balance of the debt seems to just accrue until the company decides to convert as in Dundee. It seems all in freidnly hands and is all low rates - nothing too

[5ilverlining808]

Yes they will, and do know a mine is there. Lewis is well known for not posting anything like "we hope", and generally only posts "we have" after certain milestones have been made. 2 weeks for next IIF might give us some more "we haves", and show us something more than words.