Q: May I get an update on this co for a possible buy? Thanks. Cheers.
5i Research Answer:
ATX is a $966M company that is pre-revenue and it issues shares to fund its operations. It is focused on large-scale copper-gold porphyry systems in South America, and momentum has been decent, alongside the rise in copper prices. It is a high-risk copper exploration story, but we like the momentum, and for a high-risk position in copper, we would be fine with a small position here, while acknowledging volatility and that it is pre-revenue.