Altyngold Share Discussion Threads

[excellance] 15/3/2021 09:08

We can therefore assume the news is good...

[wealth_creator] 15/3/2021 09:01

The terminology used in the RNS is purposeful - sponsored research would be available to retail investors whereas exclusive independent research would not.

It seems Altyn Gold want to get their story out to the masses.

[excellance] 15/3/2021 08:55

Renaissance Capital offers investment banking services in debt and equity capital markets, M&A,[4] equity and equity derivatives, fixed income, FX and FX derivatives, commodities products,[5] prime brokerage,[6] research,[7] as well as REPO and financing.[5]

As of 30 June 2020, the Firm’s total assets and equity amounted to $3.7bn and $445mn, respectively, and reported 1H20 net profit was $14.4mn.[8]

[excellance] 15/3/2021 08:42

Sponsored independent research note, eh?

[goldrush] 15/3/2021 08:30

excellance

Spot on to me!! ....looks like the show is on the road....there are not many Juniors that have similar Resources to ALTN and can scale quickly....IMHO

[observer007] 15/3/2021 08:29

ALTN looks a good investment proposition at current levels, one of the few producers that has not taken part in the sector re-rate, looks like the management want to promote the story.

Operational news has been very positive recently, even more strange the market has not taken notice.

[excellance] 15/3/2021 08:05

Seems to me they finally have a story they want telling!

[michaelfenton] 15/3/2021 08:05

Thanks tightfist interesting.

[michaelfenton] 15/3/2021 08:05

Thanks tightfist interesting.

[tightfist] 15/3/2021 08:04

Research descriptions? Exactly the same thought crossed my mind......

[meanreverter] 15/3/2021 07:56

In today's RNS:

“AltynGold Plc [...] entered into agreements for sponsored research [...] Renaissance Capital will produce independent research on AltynGold [...]”

It's unusual to see research being described as both sponsored and independent in the same paragraph.

[tightfist] 15/3/2021 07:53

I think this is our new relationship, headquartered in Moscow, with several global outposts:.www.rencap.com/we-are.https://en.m.wikipedia.org/wiki/Renaissance_Capital_(Russian_company).Including "In 2020, Renaissance Capital has been named 'Investment Bank of the Year for Emerging Markets in Europe' and 'Independent Investment Bank of the Year for Sustainability' in The Banker magazine's annual 'Investment Banking Awards 2020'.[35]".And https://www.rencap.com/we-do..[Confusingly there is another Renaissance Capital based in Canary Wharf, London, which seems to have its focus on IPO's]..www.renaissancecapital.com..Definitely DYOR! tightfist

[3ootuk] 15/3/2021 07:32

I wonder if financing could fast track a processing plant at Teren-Sai. If they miss this commodity boom, then we might not hit a decent cycle for another generation.

[goldenshread] 15/3/2021 07:28

Very positive news today, looks like the BOD have had enough of the lacklustre share price and undervaluation given ever improving operational performance.

[excellance] 15/3/2021 07:18

Research notes, corporate broker, improve liquidity...looks like they'll be placing shares with institutions to raise significant capital to significantly grow the company.

Yes, good news

[michaelfenton] 15/3/2021 07:14

Good news on appointment of Corporate & Research Broker?

[3ootuk] 15/3/2021 07:13

New PR company, and hopefully an update to the Hambledon Mining broker forecast for where we are now.
A synopsis of the grades at different +masl would be good too to manage expectations of yield.

[nevgroom] 15/3/2021 07:13

Looks like news will be more regular and of decent content (perhaps!!)

[3ootuk] 14/3/2021 14:57

The key here atm is getting production up to a consistently higher level, so that revenue funds the initial 3 year development plan for Sekisovskoye, then further production funds new plant for Teren-Sai.
There's a plan in place that's only now achievable with the higher gold price. There's plenty of detail as it's the old Hambledon Mining plan which only partially got implemented.

Debt now to pay to get to the right position whilst debt is available.

[wiganer] 14/3/2021 14:30

That’s helpful thanks.

[3ootuk] 14/3/2021 09:22

African Resources are related to the Assaubayev family.
I think this is way Eastern Europe and Oligarchs work. If you want it, you find a way to take it. Gold mining wasn't profitable when the gold price was low, but the Assaubayev family have been building up longterm assets. The Polyus debacle was swept under the carpet by the looks of it with the Kazakh government appearing to get assets transferred back under Kazakh control in multiple industries, not just isolated to this.
I think Corporate Governance oversight here would look atrocious, but, with a rising gold price and other local assets held by the family that can be developed, you might ride the coat tails of an oligarch.

Freedom Finance are headquartered in Almaty, Kazakhstan, and provide multiple financial services especially to Eastern Europe. The main company has a Nasdaq listing.

[wiganer] 13/3/2021 09:05

Am looking at this for the first time, so please be patient with me.

Could someone with more knowledge of the company comment on the majority shareholding by African Resources and the involvement of Freedom Finance?

Thanks in advance

[excellance] 13/3/2021 08:39

We'll be getting tweets next

[excellance] 12/3/2021 17:07

I'll go with those numbers.