Altyngold Share Discussion Threads

[tightfist] 10/12/2019 08:15

So, we finally have definitive confirmation of $9.1m to arrive tomorrow in cash - definitive confirmation on the $17m bank loan expected too - or maybe not!.After several years we have done with extreme focus on Financial Engineering; here's looking for far more speedy progress on physical Mine Engineering and operational planning/updates..Best foot forward, tightfist

[sclper] 10/12/2019 07:52

Yup, great to have that confirmation. Can see a big rally when we get an RNS, hopefully later today

[littlepuppi7] 10/12/2019 07:30

Excellent news. Should be an rns very soon. Full steam ahead now.

[stockknobjockeyvanbookstino] 10/12/2019 07:14

Bond Issue done.

[wrighty46] 10/12/2019 00:24

I think you'll see I pointed exactly the same out a few days ago. Looks very good here now. Over to the bod now for an update on production and a mining plan. GLA

[excellance] 09/12/2019 23:53

"The aim has always been to obtain the necessary finance at terms that are competitive and in the best interest of shareholders. After exploring a number of opportunities and an extensive due diligence period we are very pleased to update our shareholders on the funding received...."

the last two words appear to remove any doubt.

the applied for a loan, got the loan approved, FUNDING RECEIVED

yet on the other board they seem to think there's a doubt and so went for into the bonds market instead. No, not so, they've now raised $27m with zero dilution.

this however does not mean that dilution wont happen, merely that it may be less if it does, and even if it doesn't happen soon it could still happen if debt repayment becomes unmanageable.

risky yes, but looking good.

[mikro1] 09/12/2019 18:37

Looking positive - still in suspense though..

[onedayrodders] 09/12/2019 16:40

Bit early for a party considering how much we have lost last week or so

[littlepuppi7] 09/12/2019 14:35

Where is good old excellance now?!

[sclper] 09/12/2019 14:05

Should see quite a few jump in when the RNS is released. The funds raised are high compared to the market cap

[onedayrodders] 09/12/2019 13:57

all those sub 0.50 sellers scrambling back now

[sclper] 09/12/2019 13:47

Hopefully we'll see a strong bounce when the RNS is released!

[chrisdgb] 09/12/2019 13:45

Wow,that would be amazing news, here we go then...............

[sclper] 09/12/2019 12:56

This is excellent news and means the issue was fully taken up as the yield was reduced due to high demand. The market has been slow to pick up on this but the company will have to announce the news later today or in the morning

[onedayrodders] 09/12/2019 12:33

so is the issue here people still doubting if the loan was completed ?

[bearbulls] 09/12/2019 12:33

Looks like the bonds have been taken up.....Yield Rate and the cut off price for the Book-building for the bonds of the Altyn Public Limited Company has been established at 8.75% and 100.6473% respectively.

[homebrewruss] 09/12/2019 12:24

LOL. If/when we hear something via an RNS it might help..

[onedayrodders] 09/12/2019 12:20

market seems happy ... (not)

[homebrewruss] 09/12/2019 12:11

Nice one, thanks cl2201

[cl2201] 09/12/2019 11:58

In a nutshell, the number of bids at the 8.75% yield rate, so the whole 10m USD bond has been taken up at that rate.

[homebrewruss] 09/12/2019 11:50

What does the cut off price of 100.6473% mean? Oversubscribed?

[cl2201] 09/12/2019 11:43

Looks like news is in on the bonds.

hxxps://www.aix.kz/aix-market-notices/2019-12-09_01_market-notice-yield-and-cut-off-price-announcement/

[chrisdgb] 09/12/2019 08:58

Certainly need to some clarity here today.........

[tightfist] 08/12/2019 14:51

Yes, GLA indeed! So many questions, so few answers. Eg - why was the BB extended - poor response? over-subscribed, take-up uncertain? negotiations with JSC Bank not going well/slowly/now unhappy with 6%pa? Issues with LSE/advisor? Tight timing to release cash? etc etc.I need to make time to re-read parts of the Prospectus; was there a minimum subscription requirement in order to proceed? Organic growth without some initial funding I guess would take ages. I don't foresee interest payment issues. Cheers, tightfist