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Alta Copper Corp T.ATCU

Alternate Symbol(s):  ATCUF

Metals & Mining Copper
Alta Copper Corp. is a Canada-based copper developer, which is engaged in the acquisition, exploration and development of mineral rights interests. The Company is focused on the development of its 100% owned Canariaco advanced staged copper project. The Canariaco Copper Project is an advanced stage porphyry copper exploration and development project located in Northern Peru. Canariaco comprises about 97 square kilometers of highly prospective land located about 102 kilometers (km) northeast of the City of Chiclayo, Peru, which includes the advanced stage Canariaco Norte deposit, Canariaco Sur deposit and Quebrada Verde prospect, all within a four km NE-SW trend in northern Peru’s mining district. The Company also holds other earlier stage base metal properties located in Peru and Canada. Its other projects include Don Gregorio property, Arikepay Copper-Gold Porphyry Discovery, and Canyon Creek property. Don Gregorio property is a copper-gold porphyry target located in northern Peru.


TSX:ATCU - Post by User

Alta Copper Corp > The question is, what is the fair takeover price?
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Post by nizzaon Jul 01, 2024 3:45am
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Post# 36113045

The question is, what is the fair takeover price?

The question is, what is the fair takeover price?
Canariaco Norte Measured & Indicated: 9.3B lbs Cu | 2.2M oz. Au | 60.4M oz. Ag

That corresponds to about 10.6 billion p Cu equivalent.

In 2011 - the price of copper per ton at the time was roughly the same as today - takeovers were priced at between 4 and 7 USD cents per p copper.

If we take 4 USD cents per p copper, we would be at the lowest end of the range at 424 million USD.

We have now had a significantly improved PEA since May 2024 compared to then.

At today's copper price of 9,581 USD per ton, the NPV after tax would be 2.94 billion USD.

The question is, what is the fair takeover price?
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