Altus Strategies PLC (LON:ALS) is a project generator focused on Africa. Their aim is to deliver superior shareholder returns by cost-efficiently discovering multiple projects simultaneously, prior to entering joint ventures with third parties who fund the next phases of exploration and development. Their focus is on minimising shareholder dilution, diversifying risks and maintaining upside exposure to a portfolio of high quality assets.
As a project generator, having completed reconnaissance exploration and defined targets, their business model is to attract joint venture partners to fund what the Company considers to be the highest risk phases of exploration which include drilling and resource definition, in return for an equity interest in the individual projects.