Altius Minerals Corporation · TSX:ALS
Altius Minerals — Q1 2024 Earnings Presentation
9 slides from Altius Minerals's earnings presentation, May 9, 2024
Slide 1: Q1 2024 Financial Results Conference Call
TSX: ALS | OTCQX: ATUSF Q1 2024 Financial Results Conference Call Renewable Power | Clean Steel | Potash | Copper | Lithium | Nickel | Cobalt
Slide 2: Forward Looking Statements
Forward Looking Statements This document includes certain statements that constitute “forward- Forward-looking statements speak only as of the date those statements looking statements” and “forward-looking information” within the are made. Except as required by applicable law, Altius does not assume
Slide 3: Strong Balance Sheet at Q1 2024
Strong Balance Sheet at Q1 2024 Cash at March 31, 2024 of $10.5 million (excluding cash held by ARR), public equities valued at $80M (excluding ARR and LIORC, which have a value of $178M and $108M respectively) Debt PG Equities LRC Cash $140M $120M $100M $80M $60M $40M $20M - 2017 2018 2019 2020 202
Slide 4: Adjusted Net Earnings – Q1 2024
Adjusted Net Earnings – Q1 2024 Adjusted net earnings of $3.5M or $0.07 per share after tax Increase Decrease Total TSX: ALS | OTCQX: ATUSF |4
Slide 5: Positive Q1 Results in Project Generation
Positive Q1 Results in Project Generation Market value of portfolio at March 31 2024 $45.4 million, ie unchanged from Adventus to be acquired by Silvercorp (SVM:TSX; SVM: NYSE American) for year end despite net sales of $7.2 million implied consideration (all stock) of $0.50/share, valuing the compa
Slide 6: Q1 2024 and Outlook – Operating Portfolio
Q1 2024 and Outlook – Operating Portfolio Royalty revenue of $17.4M in Q1 was lower than $21.4M in Q1 2023, while adjusted eps of $0.07 per share was consistent with Q1 2023. Revenue and net earnings were lower mainly on the closure of the Genessee mine at the end of 2023, lower realized potash pric
Slide 7: Kami Project: Altius GSR Royalty
Kami Project: Altius GSR Royalty Champion Project Study Highlights and Next Steps Champion’s Kami Project study evaluated the production of 9.0M wmt per year of DR grade pellet feed iron ore >67% Fe, for which significant structural supply deficits are projected. Competitive capital costs and attrac
Slide 8: Silicon Gold District
Base AOI Silicon Gold District Silicon: 4.2 Moz (open)1 Merlin: 9.1 Moz (open)1 Highlights and Outlook Frying Pan: (early exploration) Maverick: (early exploration) 13 Moz + New tier-1 gold district discovery in Nevada Expanded AOI North Bull Frog: 1.5 Moz1 Altius 1.5% NSR Royalty Mother Lode: 1.7 M
Slide 9: Capital Structure
Capital Structure Other Capitalization Table 13% Issued Common Shares1 46,452,252 "High Potash Purity" 32% Basic Market Capitalization1 $1.01 billion Iron Ore Cash2, 3 $10 million 17% PG Equities2 $45 million “Consensus” LIORC (TSX:LIF) Equity1 $108 million NAV LRC (TSX:LIRC) Equity2 $35 million Bre