Alta Copper Corp T.ATCU

Community agreement

[ForesstGump]

Alta needs the community agreement, otherwise the project can not go through. Don't expect anything anytime soon, but let's hope they will get it.

[horsewithnoname]

It is a process - that will take time, but there is also a unique window of opportunity to move forward. Giulio and Fortescue have brought it that far in the last 2-3 years. Recently, the two mio PP for community relations and social licensing have been well justified and are the right things to do now. I hope the local community receives its fair share and allows the project to go ahead - if done

[ForesstGump]

Hopefully not too much time, but I think it might take 12 to 18 months and hopefully by that time the share price will be higher. 

[horsewithnoname]

I have seen so much with Alta-Candente, I enjoy the money I made in the good years, taking an investment break after 2012, and now it feels right again - a year up or down is not the issue. We are trading at a fourth of its fair value right now if there is support from the local community - so the risk-reward calculation is perfect - I will keep collecting from time to time. GLTA

[horsewithnoname]

BTW Giulio mentioned Q2 2025 drill start - so far, he has kept to his timeline more or less - let's see if Barrios can derail him  :)