The Investment Doctor
Long/short equity, value, debt, base metals

Altius Minerals Should Generate Substantial Cash Flow From 2016 On


In this article, I'll have a closer look at Altius Minerals (OTCPK:ATUSF), a Canadian company which is a prospect generator. It advances exploration projects and then sells these projects for cash and shares whilst retaining a royalty. Hence the company describes itself as 'an emerging royalty income company' as it will generate substantial cash flow from existing royalties. I will discuss its two most important royalties, some of its exploration projects and make a cash flow projections for the future based on the 3% gross royalty on the Kami project, owned by Alderon Iron Ore. After looking at the balance sheet, I'll compile my investment thesis at the end of this article.

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Executive summary...

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