Panasqueira Tungsten-Tin Mine Presentation
STRIDING FORWARD IN ONGOING IMPROVEMENTS – UPDATES IN Q4/23 & Q1/24
-
1
ADVANCING NEW EXTENSION: STARTING INITIAL WORKS IN Q1/24
Almonty worked on specifying the L4-extension plans and initial work on access ramps expected to start as early as Q1/2024
2
PANASQUEIRA VISITED BY THE US DEPARTMENT OF COMMERCE/DLA
The delegation of the US Department of Commerce visited the Panasqueira mine in Portugal; General
discussions regarding the planned L4 extension
S
$
3
6
5
MAJORITY OF EQUIPMENT HAS ARRIVED AT SANGDONG
Delivery of all long lead time equipment from Metso Outotec in Europe to South Korea is completed
A ALMONTY
fin
4
PROLONGED LOAN MATURITY IN CONJUNCTION WITH LENDERS
has successfully renegotiated loan terms with all major debt lenders, securing enhanced financial flexibility
EVALUATING POTENTIAL STRATEGIES FOR IT'S MOLYBDENUM DEPOSIT
Almonty is currently evaluating different strategies to enhance the company value with its high-grade Molybdenum project
FURTHER DRAWDOWN OF THE KfW LOAN FACILITY RECEIVED
Almonty has been granted a request to draw an additional stake of the available loan in Q4/2023, with full support from KfW for Sangdong
11View entire presentation