Altyngold Share Discussion Threads

[cyberbub] 10/9/2020 23:01

High amount of debt relative to market cap perhaps, but surely it's still peanuts when divided by the massive resources the company has?

[excellance] 10/9/2020 22:49

Ordered by Ev/RVal (where RVal is the AuEq value of Attributed Resource)!
Last revision 4/09/20

Enterprise value/resource value

Market capitalization is the sum total of all the outstanding shares of a company. Enterprise value takes into account the debt that the company has taken on. Enterprise value, therefore, can identify strengths or weaknesses that market cap cannot

ALTN have a very high amount of debt relative to mkt cap and that hasn't yet fed thru to increased productivity, but give it time.

[cyberbub] 10/9/2020 22:26

Really? How did that happen when the share price is only 150% above where it was when it was near the top??

[vish65] 10/9/2020 19:30

By comparison, on Chips 'Gold : small/med caps thread' , for all the gold stocks he follows , on a $EV / $ Resource value basis Altyn is now......bottom ! :(

Hopefully that will change... In due course !

[excellance] 10/9/2020 18:10

ALTN mkt cap under £50m but own 100% of their producing core asset and have finance.

The management are obviously the biggest negative here.

[excellance] 10/9/2020 18:07

GGP is obviously in bubble territory now, and they only own 30% of their core asset.

They are however getting a free carry and are being fast tracked, but that doesn't mean they'll start production any time soon, still several years away.

[jc2706] 10/9/2020 17:51

Hats off to GGP investors. By my reckoning easily the least value gold stock but it keeps going up!

[bmnsa] 10/9/2020 16:50

GGP is like a run away train,au is the flavour in a safe environment it would seem .

[onedayrodders] 10/9/2020 16:35

I'm happy for them to delay if it improves the next message

[excellance] 10/9/2020 16:18

Gold going ballistic now!

ALTN will too if the H1 report is reasonable.

[excellance] 10/9/2020 13:31

Gold is flying today, at least in GBP

[excellance] 10/9/2020 12:41

Received revenues have been remarkably consistent, yet gold poured (and silver too) has not kept up with overall improvements, and sales and revenues have lagged expectations.

[vish65] 10/9/2020 12:22

HG , you beat me too it

Altyn have been pretty consistent in releasing results around start of Sep. H1 will disappoint financially (again) , particularly against the backdrop of what is happening in the gold market. They probably want production Q3 numbers in the bag as a positive buffer, so not really expecting any results until 30 Sep . Just my take. Alot hanging on Q3. Can they do a good clean quarter without hiccups and a grade improvement to match ?. .

[excellance] 10/9/2020 12:09

Gold is now above £1500 again.

[highly geared] 10/9/2020 11:29

Maybe the H1 report will be delayed so they can provide “post H1” update on July and August production numbers. If good, that will remove the perceived disappointment around the mill down time in Q2 and the short term impact on gold produced.

[excellance] 10/9/2020 10:50

Yes eddy, the recent share price movement undermines the CEO assertion that there has been an "inflection point".

Perhaps at 3p we were a little ahead of ourselves, and the Q2 numbers were not good enough to justify it, but 1.7p is a hefty discount to that and I belive it to be oversold and ready to rebound to mid 2p area.

I doubt there will be much new info in the H1 report but who knows?

I am comfortable at this sp, no panic, and I have added several times preparing for the inevitable rebound.

Gold should fly towards the back end of September and for the next few months at least.

[easwarareddy] 10/9/2020 09:09

Would be nice to be back over 2 than this daily drop. Its painful to see. Currently down on this one

[goodgrief] 10/9/2020 08:31

One swallow? Not asking...

[onedayrodders] 10/9/2020 07:55

Well it certainly made mine in Ibiza back in 1984

[excellance] 09/9/2020 14:48

One swallow makes a summer not, but it's a start and we know what is coming.

With so much money raised and spent on phase one upgrades, production is increasing, and we are helped by the high price of gold, progress should be maintained, and phase two can begin, and it's this I'd like to know more about.

[brasso3] 09/9/2020 14:37

It would be nice to get an operational update to confirm some more progress on the ground.

[cyberbub] 09/9/2020 14:36

Volume still very low unf. Gold doing a bit better tho, for now.

[excellance] 09/9/2020 14:31

Looking a bit better now.

[excellance] 09/9/2020 12:33

It's gone very quiet on here again.

It must be time to reload.

[excellance] 08/9/2020 19:30

There's nothing healthy about the markets or economics or politics at the moment.

While I understand folk following the normal ebb and flow of a bull market I think there's nothing normal about it and we will see an exponential rise of all tangible assets in terms of fiat currencies as we reset and rebase to a new normal.