Altyngold Share Discussion Threads

[brasso3] 29/6/2020 19:50

I think its hard to lose with most gold miners at the moment in the short/ medium/ long term. Some will 10 bag and worst may on only double. It definitely pays to diversify across 5 - 10 different companies IMO.

[excellance] 29/6/2020 19:45

Well, for what it's worth, I added today. Just small change but I couldn't resist. I think we are on the verge of a significant rise in the next few weeks.

[red army] 29/6/2020 19:18

Chart looks poised for the next leg up to 2.5/3

[excellance] 29/6/2020 18:58

Some silly sells at 1.70 today.

[excellance] 29/6/2020 18:54

Maybe they already have a buyer?

[roguetreader] 29/6/2020 18:19

Cheers Stonefold

[sloppyg] 29/6/2020 17:54

Agreed. Fully expect a big push tomorrow to get them over the line.

Fair play though as i thought they would come up well short when only 2m had been taken up at the time of the AR.

[outlawinvestor] 29/6/2020 17:07

22,254 bonds traded today on AIX in 4 transactions.

hxxps://market.aix.kz/details/ALTN.1222/trading

Presumably the company will issue a financing update soon to confirm how much it managed to raise in total and whether it is issuing share options to the bond broker.

[excellance] 29/6/2020 17:03

I think they'll sell the bonds, even if they buy them themselves just to get the shares.

[stevea171] 29/6/2020 16:58

Thanks StoneFold. $8.7 million for the bond issue would not be a bad result. It would mean they don't have to issue the 154 million stock options to the broker for the full issue of $10 million. Tomorrow is the last day so we'll find out soon enough.

RNS later this week with the result and AGM answers to questions?

[onedayrodders] 29/6/2020 16:51

The guy who sold 1m at the lowest point today @ 1.79 might not be feeling so good now

[brasso3] 29/6/2020 16:29

There is no stock around in volume so its just a matter of time before this pops again.

[tightfist] 29/6/2020 16:24

Amazing, what a transformation a Buy if £244 makes!

[stonefold] 29/6/2020 16:24

They sold/issued a further $2.2 million worth of bonds today.

Which brings the total of those bonds to approx $8.7 million, funding which these days is quite handy to have to wave at equipment suppliers.

JSC Freedom Finance only get the stock options if they fully place $10 million worth of bonds by the end of June 2020.

[miguelh21] 29/6/2020 16:22

Good . Watch sliver spike

[excellance] 29/6/2020 16:17

Bingo

New all time high in GBP!

Now for the dollar

[brasso3] 29/6/2020 15:52

Gold is gearing up for a move on $1800. ALTN will breakout again once that happens.

[cosmictraider] 29/6/2020 15:34

Re Post from OutlawInvester on the old Board 6 mins agoThere were 3 orders (not MMs) on L2 bidding 3m shares at 1.79p.Interestingly one order (1m shares) was just filled a moment ago!

[outlawinvestor] 29/6/2020 15:25

There were 3 orders (not MMs) on L2 bidding for 3m shares at 1.79p.
Interestingly one order (1m shares) was just filled a moment ago!

[update @ 16:25] - The remaining two were amended to 1m @ 1.8p and 1m @ 1.9p.

[excellance] 29/6/2020 15:23

She's gonna blow captain...

Sellers exhausted, buyers starting to return, gold breaking out and expected to rise a few hundred dollars in coming weeks, and altyn producing as well as they ever have.

Mind you I expect markets generally to be very wobbly for months to come, having risen to just 10% short of previous all time highs.

[excellance] 29/6/2020 13:56

they said "shortly" and that could mean a week or two.

[nevgroom] 29/6/2020 13:53

Did anybody find the answers to questions at the AGM on the website? (I couldn't!)