Author Topic: ALS.TO - Altius Minerals  (Read 1821871 times)

linealdin

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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 Allegiance’s largest shareholder and should benefit if Allegiance returns this mine to profitable operation.



bizaro86

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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

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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

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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 Allegiance’s biggest shareholder at 57.4 million shares, currently worth A$8.61 million.

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

linealdin

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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-Simard’s 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. Altius’s 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

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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 Altius’s potash royalties bring in around C$22 million total in 2019.

linealdin

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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.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #7257 on: August 25, 2019, 08:06:38 PM »
http://altiusminerals.com/projects/goethite-bay-iron-ore

“In late August 2019 Altius granted a a 73% owned private subsidiary of Avidian Gold Corp. (TSX-V:AVG), High Tide Resources Corp. (“High Tide”), an exclusive option to purchase a 100% interest in its Goethite Bay Iron Project in the Labrador Trough by: (i) High Tide incurring exploration expenditures on the Project of at least $2,000,000 by December 31, 2021; (ii) the issuance of 19.9% of the issued and outstanding common shares of High Tide immediately following cumulative equity financings of no less than $5,000,000; and (iii) High Tide becoming a publicly listed company in Canada within 24 months from the execution date.

“Upon High Tide acquiring a 100% interest in the Project, Pubco shall grant to Altius a 2.75% gross sales royalty (GSR) on all iron ore produced, removed, and recovered from the Project.”

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #7258 on: August 25, 2019, 08:18:02 PM »
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKCN1VA0CX

The China iron ore pellet story is still intact. Steelmakers moving to the coast near environmentally fragile areas. They need to reduce emissions. Best way to do that is with imported pellets.

Pellet demand in China expected to increase 40% by 2023. Implications are obvious for IOC/LIF.

The iron ore grade premium story paused for over the last 6 months but will come back fiercely.

IOC just paid a US$200 million dividend to its equity shareholders for Q3. LIF as a 15.1% shareholder received roughly C$40 million. The LIF dividend, in turn, should be around C$1.10 per share in Q3.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #7259 on: August 25, 2019, 08:49:16 PM »
“Our shareholders will recall that these renewable royalty financings are intended as replacement-type reinvestments of our electrical coal royalty revenue as it is phased out over the next decade. Our confidence is growing that the scale of the opportunity that has been innovated by the team at Altius Renewable Royalties is not only sufficient to meet this objective, but likely much larger. As such, we have begun discussions with select potential co-investment partners and also begun the process of assessing the merits and potential timing of a public listing of ARR.”

Larger deals, with co-investors, coming for new renewable energy royalties. A public listing is also likely coming. The market favors pure play renewable energy vehicles. Brookfield Renewable Partners, for example, is a market darling with a US$31 billion market cap.