Alta Copper Corp T.ATCU

Buzz on the Bullboards: Volatility persists in the face of economic indicators

[MisterMarket]

If you were a shareholder of Alta Copper as of May 8 2024 you are eligible to vote at the Annual General Meeting to be held on June 25 2024. At the 2023 Annual Meeting only18.45% of the total

[ForesstGump]

What word?

[Jonathon Brown]

Canada’s main stock index struggled and the NASDAQ hit a high, demonstrating a continued appetite for tech stocks amidst market volatility. read article.

[horsewithnoname]

Good post - I remember Noronts move from 12 cents to more than one dollar. It is just a question of time when the Guilio gives the green light and Joanne gives up her resistance gets Don Gregorio to

[bigmoney14]

ALTA COPPER - FORTESCUE GREEN ENERGY PLAN    Wyloo Metals, the privately held resources unit of Australia iron ore baron Andrew Forrest, says it plans to build a battery materials plant

[horsewithnoname]

I think we will explode once the permit is out

[horsewithnoname]

it feels a little like a dejavu today - GLTA.

[nizza]

In my view, copper, as the most important base metal, is an excellent protection against inflation. This fundamental aspect is reinforced by the mix of - Declining grades and contents of old mines

[horsewithnoname]

All experts see copper prices rising significantly over the next decade. This should also increase the value of the copper in the ground  I would assume and potential buy out prices. As we see

[nizza]

Fresh capital is needed for drilling. So far, Fortescue has always secured new shares through financing. That was a cheap way to get to 20%, then 25% and finally 31% of the company's shares. Why

[Pausado70]

Al accionistas mayoritario le conviene realizar una oferta de compra por un precio  adecuado, por que tiene ya a su favor ms del 30% adquirido x centavos, si opta por un por un monto bajo lo nico

[eartotheground]

Yes of course it's too low that's my point. Shareholders will not accept a stink bid so the only way to complete the transaction is to elevate the share price. Once the value is $250 million

[ForesstGump]

Shouldn't even be below your 2.38$ but it's still far from the 1.19$

[ForesstGump]

If they make an offer now, it would be too low.

[eartotheground]

Alta Copper should be at least $300 million but currently sits at 5x less than that amount. $100 million = $1.19/share $200 million = $2.38/share $300 million = $3.57/share $400 million = $4.76

[horsewithnoname]

whatever price for the PP applies, every additional share will make it more expensive for Fortescue to buy back in the future - so Fortescue table a fair offer applicable to the stage of the project -