Author Topic: ALS.TO - Altius Minerals  (Read 1887027 times)

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6850 on: November 29, 2018, 10:55:31 AM »
Nutrien is starting to talk about production growth at the recent CITI Basic Materials Conference.

10.8 MT production in 2016
12.2 MT production in 2017
~13 MT in 2018

After 13 MT Nutrien has an additional 5 MT of unused capacity. They plan to slowly bring on that capacity as the potash prices moves to an “average” mid-cycle price of US$400 per tonne. Nutrien obviously wants to keep BHP’s Jansen mine from being built.

I want to see 14 MT of production in 2019, heavy on Rocanville.

Beyond 18 MT Nutrien claims it can bring on brownfield capacity more economically than any greenfield operation on the planet.


linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6851 on: November 29, 2018, 12:58:43 PM »
https://www.thereminder.ca/news/local-news/hudbay-eyes-2021-for-flin-flon-mine-closure-1.23512086

Hudbay sends memo to Flin Flon staff that 777’s end date will be in 2021. The “remnant strategy” to extend mine life past 2021 seems to have failed.

Hudbay is still spending millions on exploration in Manitoba (partially on Altius royalty land) but they are unlikely to find a deposit before the 777 closure date.

SharperDingaan

  • Lifetime Member
  • Hero Member
  • *****
  • Posts: 3545
Re: ALS.TO - Altius Minerals
« Reply #6852 on: November 30, 2018, 08:01:30 AM »
Re disclosure.
We added new funds to our IRON position over the summer, and completed our position over the last week.
We will also be voluntarily refraining from any comment on IRON until well into Q1.

SD

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6853 on: December 01, 2018, 08:35:52 AM »
Re disclosure.
We added new funds to our IRON position over the summer, and completed our position over the last week.
We will also be voluntarily refraining from any comment on IRON until well into Q1.

SD

By mid-Q1: A new strategic investor on Alderon equity level. Then a restructured project-level deal with HBIS to follow. That’s the best we can hope for.

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6854 on: December 03, 2018, 06:42:43 AM »
https://www.thewesternstar.com/business/alderon-ready-to-start-construction-on-kami-mine-pending-financing-264676/

Alderon aims to begin construction in Q1 2020. Tayfun Eldem with some positive comments on the financing process. Market interest returning to iron ore and bulk comodities (strategic investor?) and one-on-one discussions with HBIS on how to structure the financing continue.

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6855 on: December 03, 2018, 11:36:08 AM »
https://ceo.ca/@newsfile/excelsior-mining-closes-us75-million-project-financing

Excelsior US$75 million stream financing officially closes. The Greenstone US$9.4 million equity financing and the Altius C$5 million royalty purchase will follow shortly.

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6856 on: December 03, 2018, 05:10:30 PM »
Wolfden creates a revenue stream from timber, with 20% going to Altius. From the Q3 financials:

"During the third quarter of 2018, Wolfden Mt. Chase LLC entered into a Forest Management Agreement with Huber Resources Corp. to harvest select portions of the timber on the Property. As per the terms of the contract, Huber has developed a long term forest plan to harvest and sell select portions of the Property, in a sustainable manner, so as to protect the forest and maintain its timber value. A portion (20%) of the final sales receipts will be deposited into an escrow account in favour of Altius, which is consistent with the terms of the Royalty Agreement."

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6857 on: December 04, 2018, 03:39:10 AM »
A couple of relevant pieces in the Global Mining Observer:

http://globalminingobserver.com/people-205

Less than two years in and he has an office with a ping pong table above the Toronto Stock Exchange, $11m in cash in the company and 100 people on the ground in Ecuador. Having listed at 50 cents, shares in Adventus have almost doubled. “The rocks talk,” Kargl-Simard says. “Rocks are the most important part of the business and Ecuador is one of the last frontiers in mining.”

http://globalminingobserver.com/debt-securitization-mining-royalties-streaming-205

Bankers want to do securitization deals in the mining royalty industry. Eliminating debt to free up large amounts of capital, which can then be deployed to buy new royalties and streams.

linealdin

  • Hero Member
  • *****
  • Posts: 2113
Re: ALS.TO - Altius Minerals
« Reply #6858 on: December 04, 2018, 10:22:22 AM »
https://ceo.ca/@newsfile/excelsior-mining-commences-mine-construction-at-the

Excelsior begins construction at Gunnison. 5 drill rigs will drill 41 production wells and 22 compliance wells. First copper production by Q4 2019.

mugwump

  • Jr. Member
  • **
  • Posts: 78
Re: ALS.TO - Altius Minerals
« Reply #6859 on: December 05, 2018, 05:57:56 AM »