Altus Strategies Share Discussion Threads

[spangle93] 27/11/2020 08:25

OUTLOOK
in MD&A

The Company has noted a significant increase in the number of approaches from groups seeking potential transactions. Altus is reviewing a number of project and royalty opportunities and expects this work to lead to additional deal flow throughout the course of 2020 and 2021.

The Company’s key objectives for the next 12 months are to:

-Continue to grow the number of projects in Altus’ portfolio;

-Advance the exploration work programmes across Altus’ existing portfolio of licences;

-Complete a number of royalty-based JV and other transactions on Altus’ existing assets; and

-Identify potential project, royalty and corporate acquisition opportunities and where possible conclude accretive transactions on these.

The Company’s long-term objective is to generate significant positive cashflow for shareholders from a diversified portfolio of high-quality royalties, projects and JVs

[spangle93] 27/11/2020 08:24

The MDA contains much more detailed information on what is happening, or not happening, in each of the many ALS interests

[spangle93] 27/11/2020 08:19

Third quarter results summary is available



In line with our strategy, we continue to review a number of potential royalty, project and company acquisitions which, if completed, will continue to expand the Company's royalty pipeline and potential to generate near term cashflow. Having noted a significant increase in the number of approaches from groups seeking potential transactions with Altus, we expect this work to lead to additional deal flow and income for Altus throughout the course of 2020 and 2021.

"We look forward to updating the market with the results from our current field programmes and numerous other project and royalty initiatives."

[kaos3] 25/11/2020 17:25

La Mancha paid cca25p in the spring

Now directors are paying 63p

cooperation with La Mancha must be very good, focus is on Mali. It looks it will be flipped first - to the La Manca cousin Cos - which have the capital to fast track the production and our NSR income. 18months needed? 10.000 m drilling, espansion, defining the broader resource, going deep and broad...

[kaos3] 18/11/2020 18:22

I am educating myself on the go - by listening to the BIG ones - what stuck with me is - riches in mining can only be done if one hits world deposit !!!

many small high IRR projects will simply not add to do the big one

And Chairman stressed just that out of - all blah blah blah on gold and royalties - boxite world class deposit!

will watch that closely - ok industrial use of Al is down - but energy is getting cheaper making projects viable

only Canyon Reseorces - our JV partner - is by the looks not a strong player to finance the project. what is good is export logistics - very important in boxite

[plasybryn] 18/11/2020 18:07

Sorry thought I was writing that on the Ariana Board . Chris Sangster is a director of AAU & SGZ.

[plasybryn] 18/11/2020 18:05

Two of them plus Kerim. Ariana wasn't big enough for all three so two left and founded Altus which also seems a great Co. I have shares. And of course Chris Sangster, one of our directors, is also a director of Scotgold which has its first gold pour at the end of November. All good men.I say follow the people; especially ones you can trust. Not so many on AIM.

[kaos3] 18/11/2020 17:52

did not know many of the BOD members founded AAU - respect. I kind of follow good management. JSE, PALM .. here

[spangle93] 18/11/2020 11:16

One more...

Pre tax IRR = 1,176%

That's just ridiculous ;-)
Imagine if they based it on $1,800/oz

[spangle93] 18/11/2020 08:26

As you said yesterday Plasbryn, Updated NPV of Diba is now double the market cap of the entire company.

Excludes Tabakorole inferred & indicated resources of 16 MM tonnes and 7.2 MM tonnes respectively

Excludes Laboum, where trenching is ongoing after 36.20 g/t Au from rock chip sampling

Excludes Lakanfla, where ongoing JV-funded drilling is taking place, and where historic shallow drilling has intersected up to 5.1 g/t Au

Excludes Liberia, Morocco, Ethiopa, Ivory Coast

Excludes Royalties

[catsick] 18/11/2020 07:55

Bit of a no brainer 20 m usd of capex to produce 50m usd of free cash flow a year, may as well do the whole thing in house with a small loan from our rich uncle...

[plasybryn] 18/11/2020 07:04

Our Market Cap is just £41m currently. Value here or what.

[plasybryn] 17/11/2020 12:51

Not sure why we are down today. Slowly does it. Future looks great to me; building so many valuable strings to the bow.

[hiddendepths] 11/11/2020 16:33

I for one love royalty companies: have done for years!

[frizzers] 11/11/2020 14:57

hxxps://moneyweek.com/investments/commodities/gold/602297/you-may-not-have-heard-of-royalty-companies-but-theyre-a-great

[hiddendepths] 11/11/2020 13:35

Good to see director buying!Zak, not so sure.

[plasybryn] 29/10/2020 10:00

Zak discussed the Technicals on ShareTalk today - BB heroes.
Best case scenario 95p on 2/3 month timeframe.

[spangle93] 29/10/2020 07:45

Chunky director buy this morning - a £60k vote of confidence

[plasybryn] 28/10/2020 07:30

Our Market Cap is still just £37m

[catsick] 28/10/2020 07:28

Nice update, the npv of this project will be well over 100m usd on the next update and with a low capex requirement and partners with deep pockets I think this gets done on the company's own balance sheet rather than the usual spin off with royalty

[soulsauce] 13/10/2020 07:53

Nice 👍

[spangle93] 13/10/2020 07:48

More activity ongoing, this time in Cameroon

“Laboum is an exciting gold system that has never been drilled tested. ...

Previous work has defined four priority gold prospects, of between 1.6km and 7.0km in length. Altus has recently discovered a quartz vein array at the Tapare prospect, which has returned a highest grade of 36.20 g/t Au from rock chip sampling. Previous sampling of sheared metasediments rocks at the Landou Prospect has returned a best grade of 6.86 g/t Au.

“This 5,000m trenching programme will test the hard rock potential of several key prospects at Laboum, ahead of a maiden drilling programme planned for 2021. We look forward to updating shareholders on this current phase of work.”

[spangle93] 06/10/2020 08:16

Chart looks poised to spring ...

[spangle93] 06/10/2020 08:16

More operational news



Steven Poulton writes...
“We are excited to announce the commencement of a 3,800m drilling programme at our Lakanfla gold project in western Mali. The drilling is targeting a karst-style geological model, defined by an approximate 7km long gravity-low that surrounds a granite intrusion. Lakanfla hosts extensive hard rock artisanal gold workings and historic shallow drilling has intersected up to 5.1 g/t Au over 26m. The karst-style model represents an exciting target at Lakanfla and is analogous to certain pits at Sadiola and the former Yatela gold mine, located 6km and 30km to the northwest respectively.

“The programme is being funded by our ASX-listed JV partner Marvel Gold, which is earning an initial 33% interest in the Project. We look forward to updating shareholders on the results from the drilling in due course.”

[hiddendepths] 30/9/2020 14:25

Thanks spangle :-)


DB used to be CEO of a Chinese gold company, before the state swooped in and compulsorily bought it for a song.