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Bullboard - Stock Discussion Forum Alta Copper Corp ATCUF


Primary Symbol: T.ATCU

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... see more

TSX:ATCU - Post Discussion

Alta Copper Corp > I would never accept offer under $5.00 for my shares
View:
Post by Sartos1 on May 17, 2024 8:30am

I would never accept offer under $5.00 for my shares

Actiual value should be arround $616,000,000 US  wich is arround $840,000, 000. Can 

30 % of the NPV at $3.85/ lb copper eq.  (see last PEA)
$2,054,000,000.us X 30% = 616,200,000 us  arround $840,000,000 can ( $10.00 SP)

or 

$0.03 / copper eq lb 
16,000,000,000 X .03 =  $480,000,000 us  arround $650,000,000. can ( $7.70 SP)

So between $7.00 and $10.00  should be reasonable offer.

Copper price is going higher and  drilling is comming soon wich will add more value.

IMO
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