Almonty Industries Inc T.AII

Molybdenum Partners

[1dollarinto2]

Any speculation on who Almonty's offtake partner will be for the Molybdenum project, whether or not they will be able to negotiate a guaranteed floor price, and when they will announce?

I'm hoping and expecting there will be a guaranteed floor price, basically modelled off of the one they negotiated for the tungsten. The nice
thing is the timing for financing will be much different this time because of the relationship already being built woth KFW.

On timing, my bet is before February 1st, given Lewis was hoping to get something announced before Christmas. Things always move slower than I want them to, but I'm going to hope it's this week or next.

Exciting times leading into production in March.

[whoisyourpapa]

Not sure about who the partner might be but it should almost certainly be a S. Korean entity.  I think LB sounded optimistic about the floor price model.  News could be any day now. . . I'm also looking forward to an announcement regarding Level 4 at Pana with the EU which could also come at any time.  Lots pending here. . . whois

[5ilverlining808]

At the moment the website has very little info for Moly as it did in the past. In my thoughts, past "Inferred" outlook for the deposit is of no interest now. "Indicated" and "Proven" Moly deposit info yet to be published, and that needs an extensive drill program to determine extent, grades, life span, ease of mining and ease of processing. I think this is almost done