Altyngold Share Discussion Threads

[sloppyg] 24/2/2022 09:54

It soon goes though Tim - bond redemption due this year and loan repayments takes up circa 15m. Tax 5m etc so single figures before factor in inevitable sundries.

They may of course roll the bond.

I guess the MOEX 50m bond is off the table. Leaves them dabbling with kaz bond market or slow plans using FCF.

Perhaps that main market listing of ours could actually come to the party !!

[tim000] 24/2/2022 09:23

If current gold prices are sustained, I think the company will have EBITDA of at least £30 mn this calendar year. That will finance a lot of development.

[golden prospect] 23/2/2022 07:21

Altyn have improving grades, production and selling price!

2022 cashflow is likely to be enormous, making the current share price a nonsense. On this basis they may be able to go for organic growth given the bond market in the last few months has been fruitless. In any event, the Assaubayev family could easily finance if required.

A very low cost producer with so few eyes watching, may be soon on radar for a deserved re-rate.

[researchcentre123] 22/2/2022 22:20

So if real pe is 2 and the market values this as a 3.8 pe company, doesn't that mean the price shld double when results come out in April?

[tim000] 18/2/2022 21:23

I haven’t posted here for a while, but I’m more confident of ALTN’s future than ever, and have added to my holding in the past week. I think the annual results will show excellent profitability, reflecting the management’s skill at mining extremely cheaply, and keeping G&A overheads at a minimum. The management is confident that grades will increase further this year, and with a rising pog too we can look forward to a great year for the share price.

[excellance] 18/2/2022 16:06

They went a while back.

[excellance] 18/2/2022 11:04

This is great!

Good to see the share price move rapidly, with increased volume, a few new faces on the BB, maybe this time we can hold gains?

[yasxii] 18/2/2022 11:02

A fill your boots opportunity.

Not many occasions where a respected broker has well researched opinions (target £3.60p/£4.20p) so far away from market pricing £1.35p

Upcoming results are telegraphed to be stunning.

[sloppyg] 18/2/2022 10:59

Much better. Just need some sticky hands now

[mold breaker] 18/2/2022 10:50

about time it started to re-rate, the plus side of not much free float is when/if we get strong buying… this should move quickly!

[flughafen17] 18/2/2022 10:37

So under radar but this could double from current levels and still be considered cheap.

This stock is so tightly held, only around 8m shares in free float - the market is struggling to supply increasing demand.

Look at the target price in the post above.

No brainer BUY

[goldenshread] 18/2/2022 08:24

Here is the link to the recent Ren Cap note, they suggest a target price range of £3.60p - £4.20p




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.

[onedayrodders] 18/2/2022 08:21

I'm guessing you haven't been here long;0)

[flughafen17] 18/2/2022 08:00

This is going to rip higher, how can it sit of a PE of under 3 ?

Recent broker analysis has a target price of £4.20p !!!!

[yasxii] 18/2/2022 00:37

ALTN is a stonking buy, market makers were struggling to fill orders yesterday, expect to see £2 crossed then £3 in quick time.

Gold now $1900 oz.

[flughafen17] 17/2/2022 14:04

This could move quickly now gold is ripping higher, time to get in for gold believers.

What is not to like, brokers target price raised to £4+, with results due end April which should be stunning.

Selling on a PE of under 3.

Can see £2.50p by mid March.

[nevgroom] 17/2/2022 12:25

Can currently sell max 10,000 at 131.98 and buy max 3,500 at 134.19 - MMs trying hard to make a market here

[quinan] 17/2/2022 11:39

Would be nice to get above £2 first, two years back this was £3 and we were nowhere near the gold production we are now.

[flughafen17] 17/2/2022 11:20

Stupidly low share price right now, the broker has upgraded folks, £3.60p to £4.20p is the target price.

[goldenshread] 17/2/2022 11:07

Earnings likely to be 50p a share, yet the share price is a mere £1.33p !

Even on a very conservative PE of 6 the share price should be nearer £3

No wonder buyers are starting to appear.

[pensionplanner] 17/2/2022 11:04

stock. Good point

[excellance] 17/2/2022 10:53

Except it's typically hard to get more than 2000 shares, and somebody keeps selling a handful of shares several times a day which appears to keep the share price firmly down.

Has that now stopped?

[palisz] 17/2/2022 10:49

and the offers are getting smaller...just 2500 offered at 135p on my screen.