Gldbrg.Gbl.Res Share Discussion Threads

[p@] 19/1/2017 12:49

New thread for altyn-

[j4yjaybee] 10/1/2017 18:16

Chip

I was concerned it was something like that, with you being such a constant here for 8 or 9 years. I am very sorry to hear of your illness but so pleased that your back amongst us. I hope you have continued improvement and all the very best for 2017.

[roguetreader] 10/1/2017 10:29

Chip
Good to hear from you. Physical and Mental health are the most important and precious assets anyone ever has. Hope you get back to full health asap.
RT

[chipperfrd] 10/1/2017 09:41

J4yjaybee,

And a happy and prosperous new year to you too!

I have been rather low profile for a while. I was very sick over Christmas and it has been a bit life-changing. I am still not back to where I was with respect to my own activity on these boards.

However, I am unchanged in my outlook to my holdings (including this one) and look forward to improvements over 2017.

A new BB is required with the name change and I need to get on with it asap.

All the best to all holders here.
Chip

[roguetreader] 29/12/2016 14:40

Link to updated website as below

[gurp] 21/12/2016 15:18

.....maybe they should change the name every day

[its a worry] 21/12/2016 15:04

Are we going to get a new thread . . ?

[ned] 21/12/2016 14:51

Yep.Name was the problem.
Altyn Plc up to 2p now.

[sloppyg] 20/12/2016 20:59

I actually have a disproportionate amount of my portfolio in here along with HUR. Sometimes investments are purely instinctive and i genuinely believe; however might be naive time will tell.......

[sloppyg] 20/12/2016 20:51

not exactly catchy......forgotten it already !

Strange as current owners initiated the change to GBGR so why change again?......actually quite intriguing but to be fair we have so little news here that the mere sight of an RNS is enough to get the juices flowing !

[ned] 20/12/2016 15:52

Same name as Kazak National Bank - maybe they're going to be producing paper gold?

[keepitsimple] 20/12/2016 15:03

Now I've seen it all: Someone buys 16p worth of shares and the share price goes up, plus yet another name change to Altyn. I wonder what language that means anything in?

[roguetreader] 08/12/2016 16:54

Good to see they have clarified the AISC numbers via the most recent RNS today
RT

[chipperfrd] 30/11/2016 13:59

RT

Once they can get c. 40,000t/month of ore out from the underground at something near reserve grade, they should be well on their way to starting to meet their CAGR growth targets. The year-end production report followed (eventually) by their financial report for FY16, should also (hopefully) start to indicate the beginning of the turnaround.

The gravity circuit required for separating the 'free gold' in the ore should not be much of a financial burden as it is relatively simple technology that is used extensively worldwide. The resulting positive outlook for overall recovery is certainly very welcome and should payoff the additional expense pretty quickly. So good news in my view - but I am a bit surprised that the 'free gold' issue was not spotted much earlier as I would have thought it would have shown up in drill cores and development mining. But better late than never!

Good to have an expression of management intention regarding dividends - but it may take a little while yet for that to become a reality!
Chip

[roguetreader] 29/11/2016 15:04

After two or more years with very little info or updates from the company we have now had three updates on progress in three months, lets hope this is permanent change towards greater transparency. On the face of it the update looks positive and reflects progress towards the the 2019 objective of 100K Oz per annum which seems to be on track.

I'm not an expert but the report of 30% free gold looks to be good news(?). The bulletin states company have ordered the equipment to undertake gravity concentration extraction to process the free gold. My only concern here is that they have a pretty tight capex budget and whether this is factored in and if not how much additional capex may be needed.

They also state they are looking to get the cash cost down to $900 per Oz by 2019, is this a typo? the graph from the presentation in June 2016 suggests that the cash cost per Oz would be around $500 - $550 per Oz by 2019.

Nice to see they have committed to a dividend policy this early, although I'm not expecting a net profit any time soon.
RT

[its a worry] 29/11/2016 11:13

Well , that looks like they're going to start paying a dividend . . . .

[1kiwi] 04/11/2016 11:25

lol, alot of buys at the current level. We could see 2.5 today and if we break that..................

;)

[handlebar123] 04/11/2016 11:05

Edit.. 2.5p as no traction ;-)

[handlebar123] 04/11/2016 11:04

I know. Good luck all ;-) this will be 2p soon..

[1kiwi] 04/11/2016 10:49

Meanwhile we are on the cusp of a break out!

[1kiwi] 04/11/2016 10:38

Handlebar, not many shares to play with

[handlebar123] 04/11/2016 10:21

Good upward trend. This rises sharply ;-)

[1kiwi] 27/10/2016 12:50

Still quietly ticking along, good to see 2p on the ask again.

[1kiwi] 24/10/2016 12:46

Great RNS with many more RNSs due in before the year is out, 100k ounces per annum. What will that do to the sp?