Despite all that, ALT is not a resource stock I was simply making comparisons
Anyone selling at 1.9c / 2c is clearly not waying up the risk vs the reward of the upcoming 4 - 6 weeks
Downside here is minimal at best, with upside potentially a 4 bagger on Brazil alone
At 8c ALT market cap is around $40M - would only need around $3 - $4M profit a year to justify this which could easily be achieved in Brazil alone. Securing Brazil would be a huge precusor for moving into the Mercusor Trade Bloc which could multiply revenues significantly
A license deal in the US or China and double digits are in sight
As I said, with this potential anyone derisking would be far smarter to do so at the end of the month when the stock is closer to 3c if not higher
ALT Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held