Altyngold Share Discussion Threads

[stevea171] 26/11/2019 15:08

It seems this has been tipped somewhere.
All buys? since 12:41.
12.3 million traded so far.
.60 - .65p
A delayed 3 million buy just gone through.
12 AT trades gone through since 12:41 so plenty with access to the order book.

[jc2706] 26/11/2019 13:29

I am sure that the RMM board would love to discuss them.

[excellance] 26/11/2019 13:18

I suggest RMM based on bonanza grades today, and hush nobody is saying anything

Shhh

[excellance] 26/11/2019 13:15

Did anyone see those bonanza grades at RMM today?

Just saying...take a look!

[leewink1] 26/11/2019 11:34

When you put a set of figures out of whats in the ground (EUA) and the banks don't come running, that's alarm bells.

[leewink1] 26/11/2019 11:26

Would help, over spamming it everywhere, to just buy it ... no ?

And I wouldn't touch EUA with a barge pole now, queue's must be massive now to sell it.

[jc2706] 26/11/2019 10:33

If you suggest ALTN in that kind of environment it will be the least likely share they will buy.

[littlepuppi7] 26/11/2019 08:56

Fair bit of emotion on the eua thread currently!

[jc2706] 26/11/2019 07:59

I am not convinced that there is any link whatsoever with EUA. In fact, I suspect that one of ALTN posters has actually meant that EUA investors may be LESS likely to invest here as investors at this end of the market are emotion driven.

[stevea171] 25/11/2019 12:45

EUA down 30% and still dropping like a stone on today's RNS.

[littlepuppi7] 25/11/2019 12:42

EUA massive balloon popping RNS just released.. Watch the cash come here now IMO..

We shall see.

[littlepuppi7] 25/11/2019 12:33

Looks like I was right about 4p being the peak for EUA (10x bagger).. Watch the cash start coming over here now.

[littlepuppi7] 25/11/2019 12:31

There have been some excellent updates the last few months, I still think they are sinking in.. The CPR's are materially value adding...

[stevea171] 25/11/2019 12:16

Why go to the trouble and expense of a new company web site but then not use it for promoting the company with topical information incl production updates?

[wrighty46] 25/11/2019 11:54

An update of planned equipment purchases as a minimum is due before year end. This was announced by the company prior to loan being secured. GLA

[tightfist] 25/11/2019 11:42

Yes, the share price looks at face value as an amazing bargain - we shall see! FWIW I have been here for nearly NINE years so, despite repeated averaging-down, I still have an average cost of 1p. .IMO one would need a longish time horizon to capture most of the potential upside - we shall see! tightfist

[littlepuppi7] 25/11/2019 11:39

Just here watching mate. No need to constantly post... you pumped and dumped your eua yet? You seem obsessed with me...

[homebrewruss] 25/11/2019 11:10

chipper, thanks. Have you had any comms recently?
I'll keep trying

[mikro1] 25/11/2019 11:09

Thanks tightfist for your input. I’m happy because I accept 6 monthly reporting as reasonable as in the development phase it is risky to report quarterly when there can be short term ups and downs. I’m also a medium term investor with a 12-18 month view. If they execute in 3 months great. If it takes them 9 months that’s also fine. Ultimately unless they continuously screw up or the gold price collapses the current price is an amazing bargain. The market is pricing in total failure at the moment but that’s just due to historical failures which are unlikely to be repeated (funding is now in place). So I think anyone that can hold for the next 6-9 months is likely to be able to sell at 2p. And if good news comes earlier that’s a bonus.

[chipperfrd] 25/11/2019 11:06

homebrewruss,

Their London office is manned by the secretary, Rajinder Basra. As far as I know there is no one else there, so if he is away you will not get an answer.

[chipperfrd] 25/11/2019 10:59

Unless they grace us with an operational report for 2H in early 2020 (not usual for them) we will have to wait for the final report in late April/early May. So yes, it's likely to be a long wait!

[tightfist] 25/11/2019 10:57

Hi bsg,FY results last year were on 1st May, heaven help that shareholders need to wait that long! Interesting that Mikro is currently happy with comms.; they last said: "The loan will be used to ramp up production at Sekisovskoye and to achieve the Company's current development plans. The Company will update shareholders as plans progress." Maybe I am being impatient - they have had nearly four years to develop their reduced capex plan, based on the early 2016 Mining Plus study, and surely the $17m loan was supported by concrete plans that were shared with the bank?02/02/2016: "In order to complete the underground mine development, to increase the processing plant capacity to a run rate of 1 million tonnes per year and to produce 100,000 ounces of gold annually, the Company estimates that it will require between US$20 million and US$30 million in external funding, with the remainder to be generated from operational cash flows. This estimate is based on a gold price scenario for the next three years of between US$900 and US$1,100 per ounce".Things have improved since 2016 with a PoG transformation (and the prospect of early cash flows from initial T-S activity?) but additional costs incurred with the CPR's and T-S activities. I am at a bit of a loss to understand the delay in advising their plans unless they want to avoid the precedent of quarterly performance reporting?Wait and Ponder, tightfist

[bsg] 25/11/2019 10:05

Overhang gone, pumpers have dumped. Now wait for something good to happen. Could be a long wait.