Base Metal Royalty Company Altius Minerals’ Investment Thesis with Fund Manager Will Thomson

In this interview fund manager Will Thomson walks through his investment rationale for investing in Altius Minerals. Will Thomson is the Founder and Managing Partner of Massif Capital, LLC. He has experience in private equity and credit/political risk insurance, in addition to having served as a strategic and economic adviser to NATO/ISAF in Afghanistan. Will is a Graduate of Trinity College and holds a Masters in Government from Harvard University. Massif Capital is a long/short equity fund focused on global opportunities in liquid real assets and industrials. The team’s work experience with governments in frontier markets, operational experience with growing energy companies, and time spent managing downside risk for project finance lenders gives them a unique edge. 0:00 Introduction0:56 Altius Minerals’ Investment Thesis5:53 Why do base metals royalties trade at a discount to precious metals royalties?10:41 Inputs used to conclude Altius is undervalued12:27 Prospect generation as a part of Altius’ business model16:37 Potential growth through acquisition for Altius?20:28 Will Altius’ renewable energy royalty business be profitable?24:28 What could go wrong for Altius?Will’s written investment thesis for Altius Minerals:https://www.miningstockeducation.com/wp-content/uploads/2020/06/Massif-Cap-Investment-Thesis-for-Altius-Minerals.pdfWill’s fund’s website: https://www.massifcap.com/Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Altius is not an MSE sponsor and Bill Powers does not own any Altius shares at the time of publishing this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.