Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Altius Minerals Corp T.ALS

Alternate Symbol(s):  ATUSF

Altius Minerals Corporation is focused on growing its royalty business through prospect generation and the creation and acquisition of royalties. It diversified mineral royalties from 11 operating mines located in Canada (nine) and Brazil (two) that produce copper, nickel, cobalt, lithium, potash and iron ore. Its segments include Mineral Royalties, Project Generation and Renewable Royalties. The Mineral Royalties consist of the acquisition and management of producing and development stage royalty and streaming interests. The Project Generation segment is engaged in acquisition and early-stage exploration of mineral resource properties with a goal of vending the properties to third parties in exchange for early-stage royalties and minority equity or project interests. The Renewable Royalties segment includes a majority interest holding in publicly traded Altius Renewable Royalties Corp., which is focused on the acquisition and management of renewable energy investments and royalties.


TSX:ALS - Post by User

Bullboard Posts
Comment by carinthianon Jul 29, 2014 6:56pm
653 Views
Post# 22792039

RE:RE:RE:RE:RE:Alderon Announces Off-Take Transaction With Glencore

RE:RE:RE:RE:RE:Alderon Announces Off-Take Transaction With Glencore
On page 16 of their current presentation they show that in their FS they show with prices from $87-91 @8% an NPV of around 2 billion. NOt sure if this is after or before taxes.

So I do not know where iron ore prices are at the moment but I would say that even at prices below the ones mentioned above there should be an NPV that exceeds the current market cap by some dollars.

Let's assume that one third of the NPV at $87-91 is possible this still would be something like a triple or compared to the current market cap.

I am not directly buying te stock but am happy that each Altius share comes with one share of Alderon (32,2mio ALS vs. holding of 32,8mio ADV shares) and if ADV gets the financing done I would not be surprised to see one of the bigger guys knocking for a takeover.

And I hope that altius takes the money to pay down their debt as fast as possible to be able to start buying back shares again or maybe start paying a dividend wheres I would prefer them to buy back shares.

Just my personal thoughts. DYODD
carinthian
Bullboard Posts