In my opinion it would be better to increase itTo buy 20% of the company's shares cheaply, you need 20% of shareholders who want to sell
their shares cheaply. That would be the opposite of what a shareholder would normally do would.
Funds, private offices, Peruvian HNW and directors are likely to benefit from this rather out of the
question. In my opinion, the free float of 26% should essentially be at Alta be committed because
there are good reasons for it. 1. massively undervalued compared to the peer group 2. Perfect
prospects for copper ($15-20,000 per ton in the next years) 3. Drilling program 2024/2025 with a
possible 50% increase in resources 4. Hardly any downside risk as there are already world-
class deposits 5. Alta just released the PEA with very robust numbers (who could say no to that)
6. Fortescue is a major on board In my opinion, there is practically nothing to suggest a sale the
share price is at a low level and there is a lot to be said for it being completely in On the contrary,
to increase further.