Altyngold Share Discussion Threads

[roguetreader] 11/9/2019 08:02

Excellent news, interesting to see what the share price action will be today.

[brasso3] 11/9/2019 07:46

We are also half way into H2 and it will be blockbuster compared to H1. The tonnage processed in July gave an indication of the step change that has already occurred. The average gold price in H2 should be 10 - 20% higher straight to the bottom line.

[jc2706] 11/9/2019 07:44

CGH just renewed notes carrying 13% so 6% is frankly incredible given the nature of the company.

This is obviously the news we have been waiting for and most hoping to see. It opens up the path to 100k oz although it will be some time before that is achieved. However, given the very tight ship that they run there will be plenty of positive news to come over the next few years. The CPRs are now likely to be received much more positively now that people can see that the additional gold will ultimately be produced.

[brasso3] 11/9/2019 07:40

I wonder if they will let me have some more at 08:00am

[stockknobjockeyvanbookstino] 11/9/2019 07:37

Excellent news. CPR on the way..............looking at 10m oz resource hopefully in due course......

[excellance] 11/9/2019 07:36

I've seen rates as high as 12%, another recently at 7% and convertible...so 6% is a fantastic deal.

[tim000] 11/9/2019 07:30

Interest rate is much better than some people expected, and shows the value of waiting until there was positive news to take to the bank.

[excellance] 11/9/2019 07:29

Repayments will be $250,000 pcm

[sharekitchen1974] 11/9/2019 07:25

Finally some positive news

[wrighty46] 11/9/2019 07:25

A $17m loan payable over 7 years attracting 6% interest. The board have done extremely well. GLA

[excellance] 11/9/2019 07:21

Nobody just loans $17m without cast iron confidence, and certainly no bank!

We may not have the detail of the cpr but we don't need it, it's bankable.

[brasso3] 11/9/2019 07:18

I imagine the new CPR was a requirement to release this funding? Maybe another RNS on that front in the next few days.

[brasso3] 11/9/2019 07:15

That really opens things up here.

Should be a nice blue day.

Maybe 1p...

[tightfist] 11/9/2019 07:12

Do I see the best RNS in years?!

[tightfist] 11/9/2019 07:06

Do I see the best RNS in years?

[excellance] 10/9/2019 17:36

several rollovers on the book today possibly

[tightfist] 10/9/2019 17:31

A observational learning point in setting Limits me-thinks!

[excellance] 10/9/2019 17:06

3000 at 0.79p?

wtf?

[tightfist] 10/9/2019 16:12

Hi sloppy,Good that someone else is reading the detail! .Amongst the "sloppy!" wording the first set of figures seem to use 2018 Year-end total cost comparator (RNS 05.19) whilst the second set use H1 2018 (RNS 31.08.18) total cost comparator?.Could be stated more clearly! I want to understand/research how robust the H1 2019 financials are as an expansion springboard - any thoughts?.Cheers, tightfist

[excellance] 10/9/2019 14:23

They got refinanced, new management team, so practically a different company with same assets.

[jc2706] 10/9/2019 13:38

Rambler. That's a name from the past. I confess that I had thought that they had gone out of business.

[excellance] 10/9/2019 13:01

It's been a very similar story at rambler RMM for a week or two, but it's going well there now.

[jc2706] 10/9/2019 11:54

The spread is, indeed, ridiculous and indicative of the fact that the market makers are unclear how to fulfill their role profitably!

[bmnsa] 10/9/2019 11:49

.7088 to buy at the moment.
Crazy spread really.