RE:Re american news letterTeaTimenow's Dec 26 analysis is very accurate if compared to that very professional American Newsletter.Tea might be a tad high, but within striking distance of the American newsletter's analysis. I venture to say most of the members of this ALS blog at this point think Altius is one of the best if not the best Royalty company today. Teatimenow compared it to Franco-Nevada. My analysis, which simply took the average multiple of the pm royalty companies at 11, 12, or 13 X's royalties and came up with around 19.00 for Altius. Upon reflection, I agree more with Tea that 15 X is conservative and more accurate than my 11,12, or 13. In a normal market that multiple could be 20 X's. But, in today's market environment, 19.00 seems more plausible until investors can think rationally again about the mining sector.
Full Disclosure: I have been an Altius investor since 2009. I purchased Altius stock after it returned to earth (5.00) after a skyhigh sp (30.00) See the NLRC story. It's a story without an ending.
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But let's keep in mind Altius has to close this royalty deal. I will only be fully comfortable when that happens.