Author Topic: ALS.TO - Altius Minerals  (Read 1718564 times)

linealdin

  • Hero Member
  • *****
  • Posts: 2107
Re: ALS.TO - Altius Minerals
« Reply #7250 on: July 15, 2019, 03:51:57 AM »
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4Ai7wBaZof9oke92GA%3D%3D

Allegiance buys New Elk hard coking coal mine in Colorado for $1 and an agreement to pay US$11 million in debt settlement and reclamation bond. Mine is fully permitted and built. Looks like a turnkey operation.

Altius is Allegianceís largest shareholder and should benefit if Allegiance returns this mine to profitable operation.



bizaro86

  • Hero Member
  • *****
  • Posts: 1053
Re: ALS.TO - Altius Minerals
« Reply #7251 on: July 15, 2019, 07:19:34 PM »
As someone who has an interest in the sale of that mine, I'm pleased it sold and fine with the price, although I think the fact that they get a year to pay even the initial consideration is a long time to wait for my money.

linealdin

  • Hero Member
  • *****
  • Posts: 2107
Re: ALS.TO - Altius Minerals
« Reply #7252 on: August 01, 2019, 03:03:16 AM »
http://altiusminerals.com/uploads/2019-07-17--Altius-Q2-2019-royalty-revenue-FINAL.pdf

Looks like Altius sold some LIF shares in Q2. C$3.494 million in LIF dividends / 90 cent per share Q2 dividend = 3.882 million shares of LIF.

Last quarter Altius owned 6.3% or approximately 4.032 million shares of LIF.

So Altius cashed out 150,000 shares when LIF spiked to C$34 to C$35. A quick C$5 million to help with the debt reduction campaign?

Dalton in the last conference call did mention potentially establishing a small trading position within LIF holding.


linealdin

  • Hero Member
  • *****
  • Posts: 2107
Re: ALS.TO - Altius Minerals
« Reply #7253 on: August 01, 2019, 03:11:48 AM »
Allegiance Coal currently trading at 15 cents. Market seems to like their move to purchase the New Elk mine. Altius is Allegianceís biggest shareholder at 57.4 million shares, currently worth A$8.61 million.

Altius owns so many damn shares of AHQ that itís going to reap a big score if Allegiance executes its plans to become a met coal producer.

linealdin

  • Hero Member
  • *****
  • Posts: 2107
Re: ALS.TO - Altius Minerals
« Reply #7254 on: August 01, 2019, 03:39:05 AM »
Kargl-Simard going wild raising cash for Adventus. C$14.3 million bought deal financing, at C$1 per share, follows the C$12.1 million financing, at 86.7 cents a share, by Nobis Group.

Kargl-Simardís best attribute is that he is connected with the money people. Very few resource juniors are able to conjure cash for their projects the way Adventus does.

Adventus spiked to C$1.16 after the financings. Altiusís position worth C$18.1 million at that level, a little less at the current share price of C$1.08.

(Kargl-Simard also sold 900,000 shares at C$1.02 recently. Taking care of his bottom line.)

linealdin

  • Hero Member
  • *****
  • Posts: 2107
Re: ALS.TO - Altius Minerals
« Reply #7255 on: August 06, 2019, 10:15:19 PM »
https://www.google.com/amp/s/www.cbc.ca/amp/1.5237586

Mosaic idles high cost potash production at Colonsay (mine with no Altius royalty) in favor of ramp up at Esterhazy K3 (on which Altius has a big royalty). Very similar to how Nutrien idled high cost production in New Brunswick (no Altius royalties) in favor of ramping up Rocanville (important Altius royalty).

I want to see Altiusís potash royalties bring in around C$22 million total in 2019.

linealdin

  • Hero Member
  • *****
  • Posts: 2107
Re: ALS.TO - Altius Minerals
« Reply #7256 on: August 10, 2019, 04:41:50 AM »
https://www.google.com/amp/s/seekingalpha.com/amp/article/4283934-altius-minerals-corp-atusf-ceo-brian-dalton-q2-2019-results-earnings-call-transcript

Transcript of Q2 conference call.

Dalton mentioned in passing two major events in the copper space: Hudbay had its permit for Rosemont cancelled by a court while Rio Tinto announced a $1.9 billion cost overrun and up to a 30 month delay at Oyu Tolgoi. These are both mega copper projects. The supply side of the copper bull story gets better for Altius.