One of the largest independent copper mines may be sold to major
Los Andes Copper in Play
Last week Los Andes announced they are “considering options to finance development… including potential sale”.
Los Andes is up 40% in the last 2M, but trades at 0.1xNAV. A strategic partnership with a major or a sale could multiply the stock price.
Detailed thesis:
https://fitinvestmentideas.com/2023/07/10/los-andes-copper-strategic-partnership-or-sale-to-global-major-in-motion/
Last week Los Andes announced they are “considering options to finance development… including potential sale”.
Los Andes is up 40% in the last 2M, but trades at 0.1xNAV. A strategic partnership with a major or a sale could multiply the stock price.
Detailed thesis:
https://fitinvestmentideas.com/2023/07/10/los-andes-copper-strategic-partnership-or-sale-to-global-major-in-motion/