Altus Strategies Share Discussion Threads

[robertstronghand] 11/11/2021 18:14

Article on Kitco about the Sawiris, apparently we bid for five more concessions in the latest round of licenses auctioned by the Egyptian government, these awards appear to be pending.

[grupo guitarlumber] 10/11/2021 16:49

20 January 2022 07:30 (CET)

Financial results

FY 2021/22 – 3rd quarter orders & sales

[grupo guitarlumber] 10/11/2021 16:45

Alstom SA Reports Earnings Results for the Half Year Ended September 30, 2021
11/10/2021 | 06:31am GMT


Alstom SA reported earnings results for the half year ended September 30, 2021. For the half year, the company reported sales was EUR 7,443 million compared to EUR 3,518 million a year ago.



Net loss was EUR 26 million compared to net income of EUR 170 million a year ago.

[spangle93] 03/11/2021 07:44

Very impressive grades in shallow holes in first 2 diamond drill wells, though admittedly towards the centre of the known accumulation rather than a step out


Steven Poulton, Chief Executive of Altus, commented:

"A near-surface intersection of 21.9 g/t over 10.2m represents an outstanding start to the current drilling campaign at the Diba gold project in western Mali

[robertstronghand] 01/11/2021 10:44

Thanks, some interesting background info that is worth bearing in mind. Still you have to remember that high quality royalties already paying at attractive prices are rare, obviously something only offered to them due to their connections to EMX, we are fortunate that the relationship with La Mancha meant we could get the financing to do the deal. Even if the company has to do an equity raise, can't imagine it would need to be too large, the Casarones deal is still highly accretive. The cashflow from that will negate the need for further dilution in the long run.

[plasybryn] 30/10/2021 11:27

Link to article posted by Ariana on Twitter. Read the whole thing, but this is an extract re: copper.Copper, which Woodmac emphasizes "sits at the nexus of the energy transition" stands out particularly. The 19 million tonnes of additional copper that need to be delivered for net-zero 2050 implies a new La Escondida must be discovered and enter production every year for the next 20 years. Even if you focus on just one of the obstacles bringing new copper supply online – the time it takes to build a new mine – and leave aside all other factors, net-zero 2050 has zero chance. https://www.mining.com/cop26-will-be-a-colossal-mining-cop-out/

[kaos3] 21/10/2021 19:54

PS - I call latest transaction Trojan horse - as it makes no real sense to me - for als - considering the stage of their development - proportional size, cost and structure of the "deal"

BOD knew exactly how they will repay the loan - when they signed it - in general terms - and they did not tell us exactly what they are going to do - as far as I know - that is a huge red flag to me - holding back the general idea what will happen regarding the loan "solution" - as it is hugely significant for the present investor

all above is just imho

and I look at it from the negative - there are many better options ........ which can happen

[kaos3] 21/10/2021 19:44

the Q remains - at what price - the last one was done above 70p - and als has progressed since then - so it should be much higher

but my Qs are:

there is disproportional amount of (loan repayment) capital to be raised compared to the existing equity - to be issued into the market - it will be much bellow 70p imho

or

shares will be issued at "cheap rate" to the loan owner who happens to own a major stake already. which triggers a cheap TO.

and here we are at AAAM and mano river "situation" again - done by the same people - if that happens -


if interested one can take some oxigen and start reading my diatribe on the other als thread

so I do not buy als shares at all till this "situation" is clear

kaos3 - and ex disgruntled shareholder of the same management at other companies

if you do not trust my words - read hornbloewer and the rest of posters

[robertstronghand] 21/10/2021 19:34

Yes you are right, also cash is down to £6.3m as a chunk was used on Caserones. $29m would likely be too rich for Altus to raise as a loan...

[the deacon] 21/10/2021 08:54

They will need to raise. The terms of the La Mancha loan:"The amount drawn down, and interest accrued, under the Facility will be repayable on 17(th) February 2022, being six months and one day from the date of drawing down the Facility."Besides, share price pretty much said they'd need to raise cash in a recent interview.

[robertstronghand] 20/10/2021 18:09

The spread is good and they still have a decent chuck of cash, just above £10m Q2, no need for an equity raise. Should catch a bid with gold moving up.

[kaos3] 20/10/2021 12:28

I am waiting for what must come - debt for equity swap - then I ll act probably

[skyship] 20/10/2021 12:20

Been watching as the August press-inspired surge unwinds. Sold too early into that rise; but at a higher price than where we are now; so wondering when to buy back in.

A good news day today; but not convinced that the 65p support will hold; so sitting on the side-lines for now...


free stock charts from uk.advfn.com

[robertstronghand] 20/10/2021 11:57

With the company paying 7% the first few months I have Altus netting above $1.3m in the first year from Caserones.

[robertstronghand] 30/9/2021 09:08

This and copper holding up well. Built a base to move up at some point.

[kaos3] 22/9/2021 13:42

Plasy - thank you - I was late for the meeting yesterday - and what has happened prob - it was not available when I looked just after the meeting - yet

[plasybryn] 22/9/2021 13:40

I listened to it and it was first class. Very professional, confident presentation.

[plasybryn] 22/9/2021 13:36

It was recorded and available from Investor Meet Co.

[robertstronghand] 22/9/2021 12:28

Did anyone sign up? Nearly did but figured there wouldn't be anything we hadn't already heard.

[kaos3] 21/9/2021 18:05

webinar was not recorded!!! for no good reason?

speaks what I was/am thinking

[bo doodak] 14/9/2021 15:22

Its a definite welcome subtle change of strategy, stepping up the pace and targeting much quicker income generation. Very happy to hold and see what develops.

[robertstronghand] 14/9/2021 14:53

Just noticed the proactive interview the CEO did a couple of days ago, good to finally get some colour and rationale on the global royalties strategy. Looking to get income up to $10m post tax a year within the next 18 months, so a few more to do, wonder how it will be put together, a handsome $600k plus per annum spread currently but the debt pile will add up. Updates from Mali, Egypt and possibly Morocco shortly.

[robertstronghand] 03/9/2021 10:55

I always fall behind with moneyweek too, Frisby has pumped them before, which is when I got in. Still a healthy £6.3m/$8.7m cash on hand.

[the bull] 01/9/2021 21:28

Just catching up on my old moneyweeks and see an article on ALS dated the 20th August. Damned annoyed with myself for not joining in

[kaos3] 01/9/2021 07:54

answer provided by the chart at 8:15 h