From history
In mid-2014, Hudbay Min. took over Augusta Res.
The valuation of p Cu at the time of this takeover was USD 0.12 (proven and probable)
The copper price per ton at the time was between
USD 6,444 (March 2014) and USD 7,170 (mid-2014)
USD 0.12 per p Cu was special in my view; many other takeovers that came before this had
valuations of USD 0.03 to 0.08 per p Cu.
We currently have a copper price per ton of USD 9,142
Now many market participants assume that the copper price will continue to rise. Figures of USD
10,000 per p Cu in 2025 and up to USD 15,000 in the following years are mentioned.
Let us assume USD 10,000 per tonne of Cu in 2026/2027 and assume that Alta will achieve a 25 to
50% increase in resources with its drilling and thus have 13 to 16 billion p Cu proven and probable.
Against this background, higher prices per p Cu could be called for for takeovers compared to then:
2008 - 2014
0.03 - 0.08 p Cu (at an average of USD 7,000 per ton
in relation to the expected USD 10,000 per ton Cu could then mean:
2026 / 2027
0.043 - 0.114 USD per p Cu as a possible basis for valuation
An increase in the resource by 25-50 % would therefore be met with a demand-related increase in
the price of copper.
Everyone can deduce the possible result.
Alta already has a world-class copper deposit and can also expand it significantly.
And all this against the backdrop of rising copper prices.
By the way: Giulio's talk in Zurich was very strong in my opinion. I have the impression that he
knows what he is doing.
https://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2024/11/11/alta-copper-corp/play/stream/39439