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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Altyngold Plc | LSE:ALTN | London | Ordinary Share | GB00BMH19X50 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.50 | 5.06% | 135.00 | 123.00 | 134.00 | 135.00 | 135.00 | 135.00 | 5,530 | 14:00:45 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 62.04M | 13.23M | 0.4841 | 2.79 | 36.9M |
From Apr 2019 to Apr 2024
TIDMALTN
Altyn Plc
("Altyn" or the "Company")
Expansion of the Tailing Storage Facility at Sekisovskoye Gold Processing Plant
The design of the construction of section IV of tailing storage facility (TSF) at Sekisovskoye gold processing plant is nearing completion as of October 2020. The construction work is planned to start in Q2 2021 as soon as the required permits and approvals from state supervision authorities are obtained. As such, an additional storage facility will be built for stowing over 1.0 mln m3 of tailing solids, which should allow uninterruptible operation of the gold processing plant until 2024.
Furthermore, preliminary design work on the construction of section V of TSF has commenced. It is expected that this will be commissioned in 2023 which will ensure the continuity in operation of the gold processing plant after 2024.
Further Information:
For further information please contact:
Altyn Plc
Rajinder Basra
+44 (0) 207 932 2455
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
Information on the Company
Altyn Plc (LSE:ALTN) is an exploration and development company, which is listed on the main market segment of the London Stock Exchange.
To read more about Altyn Plc please visit our website www.altyn.uk
View source version on businesswire.com: https://www.businesswire.com/news/home/20201012005734/en/
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Altyn Plc
SOURCE: Altyn Plc
Copyright Business Wire 2020
(END) Dow Jones Newswires
October 13, 2020 02:00 ET (06:00 GMT)
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