Altyngold Share Discussion Threads

[stonefold] 04/2/2022 10:34

sleveen,
Altyn have a standard main market listing (not Aim).

[sleveen] 04/2/2022 09:00

Q4 RNS states steady improvement.

[researchcentre123] 04/2/2022 08:57

Any reason production shouldn't carry on at the current rate at least? I don't know much abt gold mining but does seem it's taken them a while to get to this level

[stockknobjockeyvanbookstino] 04/2/2022 08:56

Only got the finance recently following increase in gold price.

[researchcentre123] 04/2/2022 08:53

Altho they have been good at reducing costs quite significantly and increasing output - just trying to get a handle on it

[sleveen] 04/2/2022 08:49

Typical AIM company, over optimistic timelines.

[researchcentre123] 04/2/2022 08:24

Anyone know why they have been so slow reaching their targets in the past? I noticed in 2016 they predicted 100000 ounces annually by 2019.:That didn't happen. Nor did their earlier forecasts of over 3 ounces a ton. Over optimism? Lack of finance? I have to hand it to them when times were tough the directors reduced their already low salaries.

[dofmeister] 03/2/2022 19:17

Goldenshread, unfortunately he's not a director, he may not even be related.....

[sloppyg] 03/2/2022 14:26

Tightfist - interesting point on the Wet v Dry. Tks

[sloppyg] 03/2/2022 13:38

Is that the excitement over for another Qtr !

Evidence of annualised 25m+ EBITDA is clearly not cutting it so back into holding pattern.

[goldenshread] 03/2/2022 11:29

Good to see a director active on Twitter, he re-tweeted this...

[goldenshread] 02/2/2022 13:29

The current market & sector remains dire but the undervaluation of ALTN is a standout, it will only take one decent buyer or buyers to move the price disproportionally, often strong moves in illiquid stocks come when least expected.

The issue has always been trying to buy a decent line of stock, usually there is very little on offer.

[tightfist] 02/2/2022 12:35

Hi pension planner,.Yes, a very good question - what could actually throw off the shackles at Altyn and drive the share price higher? The impression one gets is that the family is in no hurry and given the assets in the ground versus the current share price (or anything close to it) who can blame them? It's difficult to foresee the family relinquishing control, so the natural option is to progressively pay-down the debt, recycle the FCF and progressively expand their production capacity. Slowly..The issue here would be that the FCF is invested in further Capex rather than being partially available for distribution. This suggests that some further fresh debt is required to enable the exploration/capital plan whilst at the same time paying a handsome dividend - this may possibly break the impasse and change the dynamics? Cheers tightfist

[chrisdgb] 02/2/2022 11:45

It is certainly a bullish report...........

[pensionplanner] 02/2/2022 08:14

At the very least it will throw Altyngold on the radar of others seeking to acquire, albeit it would have to be an agreed bid.

Good to see uprated target, but it does not explain what will drive the share price to that target.

Increased production, increased productivity are OK, but they only impact shareholders in a non dividend paying company if there is asset growth via the share price or the prospect of a takeover.

Altyn need to address what is holding back the share price as all the targets in the world will make no difference otherwise.

[golden prospect] 02/2/2022 08:13

Any volume on the buy side is likely to squeeze the price significantly higher

130p to buy vs mid range target 390p, bizarre

[goldrush] 02/2/2022 08:04

GG

Many thanks. Exciting Target of between GBP3.60 to GBP4.20 per share.

[goodgrief] 02/2/2022 07:57

Yesterday (31 January) Altyn Gold reported a strong 4Q21 trading update, supportive of its overall growth track record for 2021. We expect a robust set of financials for 2H21 to be reported at the end of April, which should further solidify the company's fundamentals. Reflecting higher grades, throughput and lower costs in 2021 and our initially conservative expectations, we raise our fair valuation range to GBP3.6-4.2/share (from GBP2.5-3.1/share). At the current market cap, the company trades at a 47% discount to junior gold miner peers.

[goldrush] 02/2/2022 07:51

stock

As I cannot get into the site could you post part of the Summary....probably help a number of us .Thanks.

[golden prospect] 01/2/2022 22:11

Thanks stock, huge re-rate on the horizon.

[stevea171] 01/2/2022 21:07

Stock. Touched a nerve have I?
I see you have nothing to say about real issues.
As most of us know gold miners publish production guidance at the start of a year or before. Tech companies do not. Like comparing oranges and tomatoes but you know that already .... !!

StoneFold. Thanks.

[researchcentre123] 01/2/2022 20:57

Is there a reason this is cheap compared to earnings?

[researchcentre123] 01/2/2022 20:48

Thanks. Is there anything suggesting they'll need to spend a lot to keep producing at the current rate ie can they keep on producing at this rate?

[stockknobjockeyvanbookstino] 01/2/2022 20:03

With 5.3m oz reserves and much larger resource, some time....with an update on drilling expected shortly....

Hey Stevea171, what's EQTs guidance for the coming year out of interest?