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Track real-time Director Deals activity on the London Stock Exchange (LSE)
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Altyngold Plc | ALTN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 79.50 | 19.13% | 495.00 | 16:35:12 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 425.00 | 425.00 | 495.00 | 495.00 | 415.50 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 15/6/2025 11:52 by busterhogdog Overhead supply relates to trading volume at higher price levels, which may affect the share price rally, when price returns to those same price levels. In the circumstance of ALTN, making a new all time high, the only potential resistance to equity rise, is profit taking by buyers at lower levels. In the case of ALTYN, there is less potential resistance to equity progress upward. The law of supply and demand inevitably dictates how high an equity can rise, which is dictated by buyers volume exceeding sellers volume. |
Posted at 30/5/2025 23:06 by tim000 Excellance, aren’t the family the vendors? If so, it’s unlikely to be funded by issuing shares to the vendor. I suppose they could issue shares to an independent third party to part-fund a cash settlement, or likewise issue new bonds on the AIX. Assuming this transaction proceeds, one implication would be that, given ALTN’s price rise over the past year, the family sees ALTN as the most effective vehicle for its own wealth creation going forward. That’s consistent with Aidar’s comments at the last AGM of ALTN becoming a billion-dollar company in due course. |
Posted at 23/5/2025 16:13 by spike501 I had hoped to make it to the AGM this year but unfortunately personal commitments prevent me from traveling. Tim I assume you'll be there would you be able to try and get answers to the following questions - I assume you'll be asking most of this stuff anyway.1. Where do they stand now in their strategy to get to 100,000oz per year. Do they intend to double processing capacity at Seki and if so what would be a timeline and rough cost on that. 2. They've mentioned they would need external capital (which I assume to mean equity) for Teren Sai development. Given the level of cashflow they are currently generating as well as access to debt, why do they think that? Is that because most cash and debt is earmarked for the next stages of Seki expansion? What would be development costs at Teren Sai? Would it not be an effective strategy to double processing at Seki, and start mine development at Teren Sai to feed part of that additional processing capacity. Then processing capacity at Teren Sai could follow 3. What will happen to grades at Seki as they are still substantially below CPR grades - is it a question of depth, development zone or were assumptions on grades a bit aggressive? 4.Does there stated dividend strategy still stand and do they realistically start to make distributions now cash is substantially flowing, or are the company still re-investing all cash developed on future developments. Be good to get some info on short and mid-term view on dividends. 5. Do they plan a new investor presentation (that covers a lot of the above) and updated CPRs for either of the mines. 6. How do the directors as primary shareholders feel about current company valuation especially in terms of is this a level they would consider issuing new equity for further development, acquisition or is it still too undervalued. Thanks in advance |
Posted at 11/5/2025 19:35 by someuwin Been looking at East Star resources LSE:EST. Exploring for copper and gold in Kazakhstan. They have some interesting licenses but as a micro cap (£5m valuation) they are looking to do JV's. Wondered if there's anything for ALTN to partner on?Their large Verkhuba deposit is just 20Km from ALTN's Sekisovskoe. But I don't think ALTN are interested in Copper? EST have been more vocal about Gold lately and are looking to drill their potential Multi-Million ounce Snowy target later this year. Either way, EST CEO Alex Walker has lived in Kaz for 5 years and swears that it is the best location globally for mining companies. Very reassuring for ALTN holders. |
Posted at 10/5/2025 14:01 by goldrush tim000Frredom Finance organised the whole Bond facility on AIX in 2020. Altyn Plc ("Altyn" or the "Company") AIX Bond placement complete Altyn is pleased to announce that the bond issue on the Astana International Exchange (aix.kz) was fully placed by Freedom Finance JSC with the Company raising the targeted $10m amount. This achievement is a significant vote of confidence of investors in the future of the Company. The successful bond issue also allows Altyn to diversify its sources of funding by tapping the domestic retail driven capital market. The proceeds will be mainly used for capital development and continued growth of the Company. Aidar Assaubayev, the CEO of Altyn PLC commented: "Another milestone was achieved by Altyn this year, being the first private company to achieve a successful bond placement on the Astana International Exchange, a statement on investor's confidence in Altyn. This placement allows us to diversify our sources of funding but also to contribute the development of the nascent AIX market in Kazakhstan. The funds will sustain our investment drive and strengthen our growth prospects despite challenging global economic environment". Sergey Lukyanov, the CEO of Freedom Finance JSC, commented: "We are extremely proud of the successful placement of the Altyn bonds as it was our first transaction on the AIX from the private sector and it says a lot about our team of professionals in that we were able to market, structure, navigate and close this transaction successfully amid unprecedented market circumstances resulting from the COVID-19 pandemic". Further Information: For further information please contact: Altyn Plc ................. From setting up the trading of bonds etc.....Freedom Finance got an option to buy shares at US1 per share.......And on uptake ALTN received US$1.5m. Thus they have now sold a chunk as you say.....they are a bank and obviously wanted to show some profits in their accounts....no problems.... If they were any other type of company say an Investment Co.... I am sure they would be keeping the shares !! We didn't have much free cash in 2020 thus reason for giving them the option.....now I am sure we pay the necessary fees !! .................... 06/10/2020 5:00pm UK Regulatory Altyngold (LSE:ALTN) Historical Stock Chart From May 2020 to May 2025 Click Here for more Altyngold Charts. TIDMALTN Altyn Plc ("Altyn" or the "Company") Issue of new shares The Company is pleased to announce that it will issue 154,028,981 new ordinary shares of GBP0.001 in connection with the exercise of share options by Freedom Finance JSC, raising US$1.5m. The Company will apply for admission of the new Ordinary Shares to trading on the Official List of the UK Listing Authority and to trading on the London Stock Exchange's Main Market for listed securities ("Admission"). Admission of the new Ordinary shares, which will rank pari passu in all respects with the existing Ordinary Shares of the Company, is expected to occur on or around 12 October 2020. The Company has no Ordinary Shares held in treasury. The total number of voting rights in the Company following the Conversion will therefore be 2,733,293,311. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. |
Posted at 21/4/2025 17:56 by tim000 Primarily I regard THX as an income stock; I do need income and don’t need every stock I hold to have the capital gains potential of this one. I strongly expect there to be a cash sweep each quarter that will raise the quarterly dividend significantly above the stated minimum. Next year, ALTN may be in the same boat. At some point in the future when they reach a near steady state wrt production, the dividend yield for we early-stage investors should be rather impressive. 50% of FCF returned to shareholders is not unheard of. |
Posted at 21/3/2025 08:35 by researchcentre123 TBH I don't really care much about a dividend for now as it's just money out one pocket into another with the taxman taking a chunk. Many companies like Microsoft etc didn't pay dividends in their early stages as everything went back to growth. The return on equity Altn get is something like 20 or 30 percent - one of the highest in the sector - so as long as they keep doing that, I'm happy that money is reinvested. The main upside of a dividend of course is that it opens it up to a new type of investor so eventually it's important but not while it's growing at this rate |
Posted at 13/3/2025 10:44 by tim000 They will pay dividends whatever our personal views, but the overriding aim is to become a billion-dollar company. I personally regard the stated dividend policy which red describes as lapsed, as events have moved on and what the family said in 2021 isn’t binding now. However, I guess it will feature at the AGM if not in the AR and the old policy will either be reiterated or updated. I would be very surprised if there were no dividend announced in AR2025. Red’s point about this year’s interims has crossed my mind too. If a policy is reinstated in AR2024 then an interim dividend in September-ish is quite possible. But unlikely otherwise. |
Posted at 13/3/2025 09:47 by redtrend I'm in agreement with those that a dividend would be extremely good for share price in addition to any return it brings. Whether we're covering old ground or not is immaterial, as many either are new or have forgotten Altyn already has a dividend policy.The two are not mutually exclusive, particularly in this day and age - most shareholders will no longer simply accept a "growth story", no dividends and large sums to Directors/ Management (thankfully Altyn is not one of these at present), but want to see actual cashflow and for that to also materialize in dividends. Most "growth" company stocks I've been, their share price have only gone crazy when their balance sheet shows huge cashflows, change from net Debt to Net cash, coupled with a dividend, with more than enough left over for organic growth and acquisitions. AAZ and SLP was only two such lifechanging examples for me. Those in mining and O&G stocks have been burnt too many time with growth and jam tomorrow, it should now be coupled with dividends. The reason there is now a focus on dividends is that: 1)In sept 2021 Q&A Altyn forecast maiden div could materialise in 2025, barring no unforeseen events (they were mainly talking about Force majeure and gold prices). Yes there's been very minor delay, but amazing achievement to largely come in on time with the 1mtpa expansion. The same sept 2021 presentation still on the altyn website states a dividend policy on page 20: hxxps://files.altyn. Target dividend payout ratio: 25% or of Consolidated Net Profit 25% of Free Cash Flow whichever is lower. They can of course can revise or provide special dividends, but this is a very conservative div policy that allows most cashflow to be recirculated back into growth etc. 2) 1mtpa processing output has successfully been achieved (bar of course any commissioning type hiccups and ramp up to reach steady state) and with $2,900 gold price, net cashflow should be substantial. Yes the aggregate/ retained losses need to shift to retained profit, would prefer they wait until commissioning complete/ steady state is achieved and to build bit of gross cash buffer on the books, but by time AR 2024 is released or Interims 2025 at least, I would like an updated statement re-affirming a dividend policy and timeline for maiden dividend. |
Posted at 23/1/2025 16:18 by king suarez THX looks cheap, but no better value than ALTN? It is over 2 x market cap of ALTN and roughly double ALTN current (pre-plant upgrade) production level - ok they have no debt now in their favour.Jurisdiction seems a bit riskier being in Nigeria? Relatively short current mine life compared to ALTN with decades worth of gold already at JORC. Look at what happened with RSG in 'nearby' Mail having to cough up a $160m bribe to free some of their employees that were detained.. |
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