value-is-what-you-get Posted July 13, 2012 Share Posted July 13, 2012 i think there was a link to blog post a while back on this thread about that. Yes I remember a blog post saying Alderon could only expand output to 16 million tonnes if the dam was built and that it wa no sure thing that it would, but this is the first I'd heard of Altius possibly securing a royalty on the power dam output. Maybe Im reading this wrong but thats what it looks like to me. Link to comment Share on other sites More sharing options...
Green King Posted July 13, 2012 Share Posted July 13, 2012 i think there was a link to blog post a while back on this thread about that. Yes I remember a blog post saying Alderon could only expand output to 16 million tonnes if the dam was built and that it wa no sure thing that it would, but this is the first I'd heard of Altius possibly securing a royalty on the power dam output. Maybe Im reading this wrong but thats what it looks like to me. it seems the blog we were talking about it and is getting sued are the same. http://rocksolidpolitics.blogspot.ca/ http://www.winnipegfreepress.com/canada/former-premier-danny-williams-sues-muskrat-falls-critics-for-alleged-defamation-162228675.html Link to comment Share on other sites More sharing options...
beerbaron Posted July 13, 2012 Share Posted July 13, 2012 How can Altius buy a royalty on a 6B$ hydro project ? That is a huge cow for such a small company. BeerBaron Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 14, 2012 Share Posted July 14, 2012 Altius has had this in the works for a long time...they would create a royalty trust and raise money for the royalty trust that would then buy future power income stream from the Lower Churchill power project. The same way that a mining royalty is set up. They would put up some capital but the majority would come from outside parties to raise money for the project they would become shareholders in the royalty trust that would get it's income from the future revenue from the project. The government looked at it as a unique way to let the people have a chance to participate in profit sharing for the project while raising money that would not require the province to issue debt. Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 14, 2012 Share Posted July 14, 2012 Liberty, The Alderon release was expected of course which is good news...however, the better news is how quickly it was done...The feasibility study is the next major milestone...that brings the financing cash and they are off to the production races...the speed at which things are done now are the key. They said the feasibility study will be out before yearend...but I would expect it by quarters end. Once that is done...look out. Dazel. Link to comment Share on other sites More sharing options...
hohi Posted July 14, 2012 Share Posted July 14, 2012 Hey guys! I am new to this board - although I was reading as a guest for some month now. I finally decided to join your greatly appreciated discussion! Personally I love ALS and am very comfortable that it represents about 12% of my portfolio right now. In fact I am planning to accumulate more as these price levels represent a great opportunity to buy quality with upside (I estimate fair value at about 21$ / share) and very, very limited downside. Doing my DD I created a Fact Sheet (A3-format) which I updated today. So as my first contribution to this board I uploaded it and maybe someone of you will find some value in it. I would love to hear some corrections or some missing facts that are important. Anyway here is the link http://ihre-hoheit.de/2012_07_13_DD_ALS_%28A3%29.pdf Best regards from germany, hohi Link to comment Share on other sites More sharing options...
beerbaron Posted July 15, 2012 Share Posted July 15, 2012 Hey guys! I am new to this board - although I was reading as a guest for some month now. I finally decided to join your greatly appreciated discussion! Personally I love ALS and am very comfortable that it represents about 12% of my portfolio right now. In fact I am planning to accumulate more as these price levels represent a great opportunity to buy quality with upside (I estimate fair value at about 21$ / share) and very, very limited downside. Doing my DD I created a Fact Sheet (A3-format) which I updated today. So as my first contribution to this board I uploaded it and maybe someone of you will find some value in it. I would love to hear some corrections or some missing facts that are important. Anyway here is the link http://ihre-hoheit.de/2012_07_13_DD_ALS_%28A3%29.pdf Best regards from germany, hohi Lots of work in there! Thanks it's a great 1 pager. BeerBaron Link to comment Share on other sites More sharing options...
Liberty Posted July 16, 2012 Share Posted July 16, 2012 http://www.alderonironore.com/_resources/news/2012-07-16-NewsRelease.pdf Alderon Iron Ore Corp. (TSX: ADV) (NYSE MKT: AXX) ("Alderon" or the “Company”) is pleased to announce that it has signed an agreement (the “Port Agreement”) with the Sept-Îles Port Authority (the “Port”) to ship up to 8 million metric tonnes of iron ore annually via the new multi-user deep water dock facility that the Port is constructing (see Alderon press release dated February 14, 2012). “We are extremely pleased to have concluded this port agreement, which represents another significant milestone in the development of our Kami Iron Ore Project,” says Tayfun Eldem, President and CEO of Alderon. “This agreement provides Alderon with confirmed access to the international iron ore markets and substantially de-risks the Kami Project.” Port Agreement Details Pursuant to the Port Agreement, Alderon has reserved an annual capacity of 8 million metric tonnes of iron ore that it can ship through the Port. In order to finance the estimated $220 million cost of the new multi-user dock facility, the Port required binding commitments from the potential end-users to provide a portion of the necessary funds. This buy-in payment will constitute an advance on Alderon’s future shipping fees (wharfage and equipment fees) and, as a result, Alderon will receive a discount on its shipping fees until the full amount of the buy-in payment has been repaid through the discount. Based on its reserved annual capacity, Alderon’s buy-in payment is $20.46 million, payable in two installments of $10.23 million each. The first installment of $10.23 million was paid upon signing of the Port Agreement and the second payment of $10.23 million is due no later than July 1, 2013. As security for the second payment, Alderon is required to provide an irrevocable guarantee of equivalent value. The Port Agreement includes a base fee schedule regarding wharfage and equipment fees for iron ore loading for Alderon’s shipping operations. The rates commence in 2014 and are on a sliding scale based on the volume of iron ore that is shipped. The term of the agreement is for 20 years from the execution date, with the option to renew for further five year terms, to a maximum of four renewals. Bridge Financing Details Liberty Metals & Mining Holdings, LLC (“LMM”), a subsidiary of Liberty Mutual Insurance, one of Alderon’s strategic investment partners, provided a bridge loan to Alderon in the amount of $10.5 million in order for Alderon to make the first instalment payment and has agreed to provide a further $10.5 million, if necessary, in order for Alderon to obtain the guarantee required for the second installment. The intention is that the loan will be a short term bridge loan that will be repaid from the funds of the Hebei Iron & Steel Group (“Hebei”) transaction after it closes. The maturity date of the bridge loan is September 30, 2012; however, Alderon has the ability to extend the maturity date to March 31, 2014. In the event of such extension, the loan becomes convertible at LMM’s option into Alderon common shares at a conversion price equal to the volume weighted average trading price of Alderon’s common shares on the Toronto Stock Exchange for the five days prior to the date that LMM delivers a conversion notice. The loan is secured with a mortgage over the Kami property and bears interest at a rate of 8% per annum, calculated and payable on September 30, 2012. In the event the Company exercises its option to extend the maturity date, the interest rate will increase to 9.5% per annum beginning on October 1, 2012. Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 22, 2012 Share Posted July 22, 2012 http://www.todayonline.com/World/EDC120722-0000013/China-in-talks-to-build-UK-nuclear-power-plants Uranium market is looking up...Altius will benefit from this trend...in 2013 the us-Russia nuclear agreement ends...this is the majority up uranium supply that will be curtailed... Dazel Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 22, 2012 Share Posted July 22, 2012 http://www.infowars.com/obama-declares-emergency-over-russian-enriched-uranium/ This was the cheap supply of uranium....the dynamics of the uranium market will change when Russia starts to charge market prices for the recycled uranium. Dazel Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 23, 2012 Share Posted July 23, 2012 http://finance.yahoo.com/news/cnooc-buy-canadas-nexen-15-102338784.html One of many deals today....but this big one shows more of a continuing trend of companies from china investing in Canadian firms...the deals will continue.. Dazel. Link to comment Share on other sites More sharing options...
Liberty Posted July 25, 2012 Share Posted July 25, 2012 Steel production strong: http://www.bloomberg.com/news/2012-07-24/china-to-flood-steel-market-hurting-arcelormittal-commodities.html Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 25, 2012 Share Posted July 25, 2012 Eric Sprott has said that 9 of the companies they own have had take over offers on average 40% premiums and for cash in the last 4 months. He says china is buying up resources where they can. Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 29, 2012 Share Posted July 29, 2012 http://finance.fortune.cnn.com/2012/07/12/our-planet-will-truly-be-toast/ Don't let the title scare you.....Jeremy Grantham speech on why he thinks people can't afford to miss the opportunity in commodities... Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 30, 2012 Share Posted July 30, 2012 http://finance.ninemsn.com.au/newscolumnists/greg/8507872/uranium-price-upside-ahead Some positive feedback on the uranium price and Paladin energy...which bodes well for the Michelin project and obviously Altius. Dazel. Link to comment Share on other sites More sharing options...
Guest Dazel Posted July 30, 2012 Share Posted July 30, 2012 http://finance.yahoo.com/news/altius-executes-snelgrove-lake-iron-123600985.html She grove deal done....australian private company to list on the Australian exchange...giving Altius 20 % of the equity....interesting deal. Dazel Link to comment Share on other sites More sharing options...
Liberty Posted July 31, 2012 Share Posted July 31, 2012 http://alderonironore.com/_resources/media/2012-07-31-ResourceClips.pdf Link to comment Share on other sites More sharing options...
sculpin Posted July 31, 2012 Share Posted July 31, 2012 Has anyone recently done an updated Altius net asset value calculation? Link to comment Share on other sites More sharing options...
hohi Posted July 31, 2012 Share Posted July 31, 2012 @ sculpin I uploaded my updated Fact Sheet of Altius with current Share Prices etc. You can have a look at it: http://ihre-hoheit.de/2012_07_31_DD_ALS_%28A3%29.pdf NPV from my very conservative calculations are about $ 620 M ... cheers Link to comment Share on other sites More sharing options...
sculpin Posted July 31, 2012 Share Posted July 31, 2012 Thanks hohi! Link to comment Share on other sites More sharing options...
hohi Posted August 1, 2012 Share Posted August 1, 2012 You're very welcome! If there are any errors or if you have some kind of feedback - positive or negative - I would love to hear it. Link to comment Share on other sites More sharing options...
Guest Dazel Posted August 1, 2012 Share Posted August 1, 2012 Hohi, I am interested to find out where you found the information on major shareholders? Dazel. Link to comment Share on other sites More sharing options...
Liberty Posted August 1, 2012 Share Posted August 1, 2012 Hohi, I am interested to find out where you found the information on major shareholders? Dazel. Wondering why you don't see your name on that list? ;) :D Link to comment Share on other sites More sharing options...
hohi Posted August 1, 2012 Share Posted August 1, 2012 @ Dazel: The information about major shareholders actually can be found in their newest presentation: altiusminerals.com/uploads/2012-June-QC.pdf Cheers, hohi Link to comment Share on other sites More sharing options...
Liberty Posted August 7, 2012 Share Posted August 7, 2012 No surprise, the buybacks continue: http://www.canadianinsider.com/node/7?ticker=ALS Link to comment Share on other sites More sharing options...
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