Author Topic: ALS.TO - Altius Minerals  (Read 2069677 times)

Green King

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Re: ALS.TO - Altius Minerals
« Reply #1060 on: January 30, 2013, 02:19:20 PM »
GK


original mungerville

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Re: ALS.TO - Altius Minerals
« Reply #1061 on: January 30, 2013, 02:31:13 PM »
So Hebei investment timing is sometime in the first, second (outside chance of third) week of February based on:


"As stated in our news release, the feasibility study results meet all of the threshold
criteria for Hebei’s project-level investment of $120 million dollars. We will be delivering
the official feasibility study to Hebei in the latter half of this month and expect to close lderon Feasibility Study Results – January 9, 2013  5
the next tranche of their investment sometime in February and this is consistent with the
timeline captured in our agreement. "

zippy1

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Re: ALS.TO - Altius Minerals
« Reply #1062 on: January 30, 2013, 03:10:01 PM »
So Hebei investment timing is sometime in the first, second (outside chance of third) week of February based on:


"As stated in our news release, the feasibility study results meet all of the threshold
criteria for Hebei’s project-level investment of $120 million dollars. We will be delivering
the official feasibility study to Hebei in the latter half of this month and expect to close lderon Feasibility Study Results – January 9, 2013  5
the next tranche of their investment sometime in February and this is consistent with the
timeline captured in our agreement. "
15 business days will point to Feb 7th. Chinese will have Feb 9th to 15th off for their New Year holidays.

no_free_lunch

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Re: ALS.TO - Altius Minerals
« Reply #1063 on: January 30, 2013, 05:20:58 PM »
Quote
Nev Power, chief executive, said he expected the benchmark price to average US$120 a tonne in 2013, down from its current level of US$147.70. But he said the price would be underpinned around US$120 by the pro-growth policies of the Chinese government.
..
UBS expects the spot price to hit US$110 by the end of the year.

http://www.ft.com/cms/s/0/615da72e-65ef-11e2-bb67-00144feab49a.html#ixzz2JQgFcEs8


Dazel

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Re: ALS.TO - Altius Minerals
« Reply #1065 on: January 31, 2013, 03:43:56 AM »
http://www.metalbulletin.com/Article/3149020/Iron-ore-and-coking-coal/Spot-635-Fe-iron-ore-prices-up-3-4-per-tonne-on-positive-sentiment.html


Prices have risen above $150 again....to be clear it is only the steel producers that know what they are willing to pay. We like being in bed with Hebei the largest steel producer in China because we know they are a proxy for the world steel market. They need the iron ore...whether it is $150...$180...or $100... Altius will do very very well.

Dazel.

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #1066 on: February 01, 2013, 06:00:18 AM »
http://www.pimco.com/EN/Insights/Pages/Credit-Supernova.aspx


Altius is the perfect asset that Bill Gross is looking for.


Dazel.

nostradamus

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Re: ALS.TO - Altius Minerals
« Reply #1067 on: February 01, 2013, 08:09:19 AM »
Any views on whether we will get a press release on Julienne lake soon?

http://www.nr.gov.nl.ca/nr/mines/Julienne/Julienne_EOI_Addendum1.pdf

The above states: "invitations to submit detailed proposals combined with terms of reference will be issued in January 2013". If Altius has been asked to submit a detailed proposal it would be interesting information for them to communicate to the market. Especially if they chose to disclose their partners. Is this likely at this stage?

Dazel

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Re: ALS.TO - Altius Minerals
« Reply #1068 on: February 02, 2013, 04:26:30 AM »


No idea when or how Julienne Lake will play out...it looks like the timing is right for Altius to make a bid as the sector is not loved right now. In fact, it is so unloved even famed "Bear" Marc Faber is calling mining stocks cheap. He is recomending Ukraine, Vietnam, China and Mining stocks. His interviews are always entertaining. He is uncannily right on the markets...I found him years ago as Prem Watsa of Fairfax mentioned him and his commentary.

http://finance.yahoo.com/news/better-enjoy-market-rally-while-125151051.html

Dazel.

gurjot

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Re: ALS.TO - Altius Minerals
« Reply #1069 on: February 06, 2013, 09:26:40 AM »
alderon showing some weakness.  may be expectation of  bad news from heibi?

thanks