Place the cereal, almonds, and coconut in a very large mixing bowl, mixing it all really well.
In a saucepan, add butter, honey, and sugar, and bring to a boil. Once boiling, set a timer for 2 minutes. Allow the syrup to boil the 2 minutes, then remove from heat and pour over cereal mixture.
Immediately, and very carefully, pour the syrup over the cereal mix, being sure to coat the cereal well.
Enjoy!