Altyngold Share Discussion Threads

[cool hand kev] 19/3/2021 09:46

What’s going on here

[sloppyg] 19/3/2021 09:37

a bit more like it......

[excellance] 19/3/2021 09:32

Loving this week!

[ukgeorge] 19/3/2021 09:32

I like the chart looks like the downtrend is broken, also production is being ramped up and costs are low. Admittedly I need to a load more reading.

[nevgroom] 19/3/2021 08:55

I have this feeling (not fact based, pure gut) that April/May will see a flurry of positive communication and that the share price will move into the c£3 range on tha back of it.

Fingers crossed!

[excellance] 19/3/2021 08:15

Nice early rise

[goldenshread] 19/3/2021 07:57

Gold looking good today, does seem like ALTN is trying to re-rate at long last, £2 does seem a realistic early target.

[tightfist] 18/3/2021 15:11

Hi UKG, good to see you around looking for a new home for your capital after TSG. You make a good point; I guess you have visited the new site AltynGold.uk and, yes, the latest presentation link is from 2016 which is when VSO briefly handled their PR. .One would imagine that newly-appointed Renaissance Capital will ensure a new presentation in association with FY results around 1st May? Meanwhile, if you feel like a deep-dive the two CPR's for Seki and T-S in October 2019 are IMO well worth reviewing - together with their sporadic brief updates on new equipment deployments and potential production trajectories?.Good luck, tightfist

[ukgeorge] 18/3/2021 14:19

It's where you stick it that counts

[excellance] 18/3/2021 13:57

It's often not about the size of the deposit, but many other factors.

[novicetrade68] 18/3/2021 13:37

Let's hope ALTN is not going to sell up for a song, TS is an estimated 9m oz gold resource, the share price does not really seem to reflect value in the ground atm, bit surprising to see Trans-Siberian being taken over earlier.

[ukgeorge] 18/3/2021 11:27

Well, you talked me into it 5k @140.3p roll on some much better communication


Good to read that Q4 was good.

Revenues increased significantly by 92% quarter-over-quarter mainly driven by higher
gold production, which soared by 88% quarter-over-quarter.

I guess full year results should be April time?

[excellance] 18/3/2021 11:07

It will deliver, eventually.

[onedayrodders] 18/3/2021 11:01

UKGeorge .. you may have been spoilt over at TSG with proper shareholder communications ... However somebody locked the ALTN PR guy in the broom cupboard by mistake in 2016 and he's only just been found.

To summarise, they are in the process of turning around production and PR, as seen by latest RNS, so I expect new broker research and presentations will follow shortly.

On the plus side people getting in here now are virtually in at boot sale prices if the company delivers.

ODR

[ukgeorge] 18/3/2021 08:49

Can someone direct me to the Altyn company presentation? I can only find ones from 2016 on their website.

I have some TSG cash to spend...

[onedayrodders] 18/3/2021 08:35

Yes Steve ... both HGM and now TSG taken out at boot sale levels ... don't u just love Russia ... at least they are upfront about their corruption ... unlike the yanks who sprout "Freedom" and create a Ponzi financial system scheme to reward the 1% all hush hushOverall it's good to see more corporate activity in the sector and as you say big chunk of this belongs to the owners so we can tell any Delboy to take a run and jump

[stevea171] 18/3/2021 08:35

2020/21.
1. Highland Gold (HGM) taken out by Sviblov last year.
Mkt Cap: £1 billion
2. POG attempted take over on the cheap by Strukov via Board Room shenanigans. 2020. On going.
Mkt Cap: £1 billion.
3. TSG accepts take over offer from Sviblov of £1.18.
Mkt Cap £108 million.

ALTN. Across the border in Kazakhstan but off the radar.
Mkt Cap: £37 million.

[goldenshread] 18/3/2021 08:11

This looks good value now after recent news, the BOD do appear to want to see a significant valuation uplift, the shares traded at £3 not so many moons ago, hard to believe you can buy sub £1.50p

[stevea171] 18/3/2021 08:04

Another massively under valued Russian gold producer listed on LSE being taken out with a silly offer accepted today. If the Assaubeyev's were not 70% owners this could happen here tomporrow ....

RECOMMED PRE-CONDITIONAL MANDATORY CASH OFFER for TRANS-SIBERIAN GOLD PLC by
HORVIK LIMITED

Summary

-- Trans-Siberian Gold plc ("TSG") and Horvik Limited ("Horvik") are pleased to announce that they have reached agreement on the terms of a recommended pre-conditional mandatory cash offer to be made by Horvik for the TSG Shares not already held or agreed to be acquired by Horvik (the "Offer").

[excellance] 17/3/2021 15:38

Low volume again

[excellance] 17/3/2021 00:04

We've had three RNSs this month, but six weeks ago the company wrote this...

"The Company is continuing with the development, drilling and exploration programs at Teren-Sai which are looking positive. Updates in relation to these will be given once the data is analysed and processed."

Looking forward to Q1 21 numbers and a plan for TS.

[excellance] 16/3/2021 23:50

FAR doubled today, have trebled from 10 to 30p and now have a mkt cap of about £100m.

No reason why ALTN or RMM can't do that and a lot more in coming weeks and months.

[mikro1] 16/3/2021 22:29

In my opinion this company has a lot in common with another Kazakh miner with potential - Ferro alloy resources (FAR). Both are sat on an enormous resource - but management seem incapable of bringing it to fruition. Whilst I would love to think that the Altyn management know how to ramp up to 100-200,000 oz per year, the delays in ramping up production in the past 24 months indicate the opposite. 2 days ago Mick Davis (via his battery metals investment vehicle) invested in FAR and became chairman and at a stroke removed all credibility issues - the share price exploded. I am hoping for the same for ALTN - ie they partner / sell equity to an entity that has the expertise and credibility to execute the expansion plan. I am hoping..

[excellance] 16/3/2021 18:24

Not massive volume but it's up.

[redtrend] 16/3/2021 17:25

Novice - last year it was well in excess of eq. 200p, it got to 3.15p around 10 Aug, which is eq. now of 315p.