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Two of the directors here are ex founder directors of Ariana (AAU). Interesting therefore that ALS is getting capitalised (La Mancha) to advance its projects similar to the potential deal from an unknown JV suitor at AAU (subject to a MofU current). Both potentially transformational. Both under the radar. Both looking very strong imo over the next 5 years. DYOR.
Consolidated lovely here...zooomage soon.
Getting a little busier now.
I'm still here. Still invested. GLA
No idea. This is a massive re rate due imo
Incredible....where is everybody :)
Buy buy. La mancha have 2 year no share sale. Load up
More broadly we look forward to an exciting year ahead for the Company. Altus has assembled and is continuing to aggressively grow a strong and diversified portfolio of high quality and strategically located gold and base metal projects and royalty interests across Africa. We have also established a strong shareholder base comprising institutions, family offices and private investors who share our vision and the Board takes this opportunity to thank them for their continued support".
Steve Poulton, Chief Executive Officer, commented:
"We are delighted to announce the publication of our circular in connection with the proposed C$11.2 million / £6.6 million strategic investment in Altus by La Mancha, a pre-eminent Africa-focused mining investment group with an outstanding track record in deal selection and value creation. The deal will provide Altus with a substantial and robust treasury, following our recently completed C$4.2 million / £2.4 million non-brokered private placement.
We expect the La Mancha transaction will prove transformative for Altus, providing the capital and expertise to fast track our project and royalty generation activities, as well as unlocking new external growth opportunities. The deal, which includes a two year equity lock up, also represents a strong endorsement of the Altus team, portfolio and business model. We look forward to the General Meeting on 18th February 2020 and to updating shareholders thereafter.
Steve Poulton, Chief Executive Officer, commented:
"We are delighted to announce the publication of our circular in connection with the proposed C$11.2 million / £6.6 million strategic investment in Altus by La Mancha, a pre-eminent Africa-focused mining investment group with an outstanding track record in deal selection and value creation. The deal will provide Altus with a substantial and robust treasury, following our recently completed C$4.2 million / £2.4 million non-brokered private placement.
We expect the La Mancha transaction will prove transformative for Altus, providing the capital and expertise to fast track our project and royalty generation activities, as well as unlocking new external growth opportunities. The deal, which includes a two year equity lock up, also represents a strong endorsement of the Altus team, portfolio and business model. We look forward to the General Meeting on 18th February 2020 and to updating shareholders thereafter.
Two delayed 100k on the bell forced it up....get ready breakout so close
Tick up on no trades. Onward upward.
Tightly held stock. Breakout coming.
Spread narrowed for incoming rise. Take a seat at the table with the sawiris family.
Late to join the party tick again 6.75-7.25
Decent volume here and it will go ballistic. Nt anything over £250
Paid. Re rate set to continue..
A gold play look no further. Fill your boots.
Delphi ag , a respectable resourses institution taking a piece of altus
Paid. I'm thinking 10p+ for starters
That re rate I was talking about. Its starting. Gla
Mining Royalties mitigates many of the common risks. Rather than operate mines, A Mining Royalty Company find viable projects & create custom financing solutions in return for a royalty on production. That means Royalty investors gain access to the diversified production and exploration upside of several gold etc mine assets, but reduce their exposure to the operational risks associated with a traditional mining investment. IMO only of course & DYOR. ALS Growing portfolio consists of a golden opportunity for investors. Now well financed and with more £$£$ millions being raised for cash,"not debt" for growing the company's portfolio of Royalty's & adding a major mining investing family to the company investor list.I hope ALS will experience significant growth in 2020 & throughout the years to come. Merry Christmas & a Happy Investing New Year to all present & future investors in ALS.
La mancha and private placing 9m raised and in the bank. One to watch for new year imo.
Done great news should move up nicely now
Fast track into double digits. Cannot buy 1 share...
The verge of a major Re rate imo