Altyngold Share Discussion Threads

[stockknobjockeyvanbookstino] 04/5/2022 07:28

I believe they will use the listing to eventually sell the Company, full listing on LSE would be very attractive to many suitors......

[palisz] 04/5/2022 07:23

I don't get the continued fascination with taking the company private. There are a multitude of cheap miners out there. The management have been asked and answered many times. They did look at taking it private and dismissed the idea. They clearly stated they wanted to keep the listing. Nothing has changed. The shares were and remain dirt cheap...this will change as sentiment always does. There will be a spate of takeovers as the big boys need to replenish reserves, and then the whole smaller cap precious metals sector will rerate and run and run!
In the mean time where are the numbers...common guys, getting boring waiting!!

[andydaf] 03/5/2022 18:00

Unusual for finals to be late.For the first time i am starting to think that maybe they will take this private.I really do not see the point of maintaining a london main listing when its dubious whether any kazakhstan company could raise capital or would wish to on the london market in the forseeable future.If they do delist hopefully it will be at a premium to the present share price.As always gla and wtfdik

[researchcentre123] 03/5/2022 15:06

What do you reckon.... tomorrow am now?

[quinan] 03/5/2022 10:36

Looks like the 1 buy trigger has just gone through, I still think we will get 2 RNS results and the 1Q update.

[researchcentre123] 03/5/2022 09:16

Yup got to watch out for those whales with an inside track....

[palisz] 03/5/2022 09:00

Volume is picking up... 57 shs LOL, they must know something!!!

[researchcentre123] 03/5/2022 08:04

Still waiting.....

[researchcentre123] 29/4/2022 16:53

Tuesday it is then

[tim000] 29/4/2022 09:48

Last year the results were announced after 4.30pm on the last trading day of April. It might be the same this year.

[quinan] 29/4/2022 09:33

Well, it looks like they have held off the results till after the bank holiday weekend which is good news. We might get a double RNS results and 1st quarter update??

[pensionplanner] 26/4/2022 10:13

Golden: I must admit I've shared those concerns, but would have thought they would have done that already if that is their aim.

Under right circumstances they could easily make much more if the company was properly valued, and without the real prospect of further controversy.

[researchcentre123] 26/4/2022 09:41

I guess now we just wait for the annual report

[the count of monte_cristo] 25/4/2022 10:12

Worth spending an hour or so researching Kazakh focused EST, IMHO.

Current market cap is just 9m GBP.



- AP_008 discovery hole with 63m @ 4.51 g/t Au from surface including 19m @ 14.36 g/t Au from 44m - hole ended in mineralisation, remaining open at depth

- Vein system with stockwork style mineralisation with four higher grade veins, including a bonanza grade zone of 2m @ 131.4 g/t Au

[researchcentre123] 25/4/2022 09:40

Given the interview with the CEO around September (bullish) and bringing on a firm to promote the share price, I don't think they are planning going private for now

[goldenshread] 24/4/2022 09:40

Agreed that we are entering a very interesting period for ALTN shareholders, the brokers seem to think a price range of £3.60p to £4.20p is reasonable, if this could be attained I am sure no-one would bat an eye if they issued another 5m to 10m shares at £4 (or even £5) a share to raise the cash required for expansion of production to 80,000 oz a year.

I am staggered the BOD have sat around almost not bothered by the weak performing share price, I still seriously wonder if the ultimate aim is to take the company private, never before have I seen such a disparity in price between a broker note and the market price, it makes you wonder !

Anyway I still see this above £2 in the very near term, even for traders it is a no brainer opportunity IMO.

[andydaf] 24/4/2022 07:12

Interesting couple of weeks coming here.Full year results due back end of this week and first quarter results shortly after.The future should become much clearer about how the expansion plans will be achieved.Russian bonds are obviously a no no so i will be looking for the management to come up with a new plan to self finance the expansion slowly and to introduce a small dividend.As alway GLA

[quinan] 22/4/2022 14:16

Bid moved up slightly can sell for £1.32.50 buy £1.40 it will be interesting to see how they manage this next week are the MM's going to up the bid on the hope to grab some cheap stock??

[novicetrade68] 22/4/2022 14:00

Getting close to full ask to buy @ 140p at the moment.

[researchcentre123] 21/4/2022 21:30

Well they've hung on so far. It's only just turned profitable after a long battle. Their real issue is scale. Now they are making more money, the company becomes investable, market cap goes up, as market cap goes up becomes still more investable etc....

[stonefold] 21/4/2022 18:14

"..Demand for gold bars among Kazakhs almost tripled
April 21, 2022 6:55 pm

More than 8,200 gold bars were sold to Kazakhstanis in March, Kazpravda.kz reports with reference to the press service of the National Bank of Kazakhstan.

In March 2022, second-tier banks and individual non-bank exchange offices sold 8,269 bars with a total weight of 167.2 kg, which is 2.9 times more compared to the same period in 2021 (2,898 bars weighing 48.2 kg).

“The increase in sales is due to the growing interest of the population in investing in gold as an alternative tool to ensure the safety of savings in the face of uncertainty in the financial market and increased volatility in exchange rates,” the main bank of the country explained. ..."

[sloppyg] 21/4/2022 15:26

Yes its about future plans now for me as FY21 EBITDA is pretty much known.

So where will they source new funds from or will they simply choose to self fund using FCF over a longer timeframe.

The big one for me remains the main market listing. If they cannot use london now to raise some fresh capital (when they need it most) and the listing is also not providing any liquidity despite their best efforts, then when do they chuck in the towel to save on the listing fees/administration burden. It just seems completely superfluous to requirements at present unless there is a dramatic shift in focus.

[nevgroom] 21/4/2022 14:41

The news for the Full-year report is already pretty hard-baked. More interesting will be the Q1 production update which should come out mid-May

[researchcentre123] 21/4/2022 13:55

Wld be nice to see. Just depends on how keen they are to reinvest The management have been taking low wages for some time and just putting cash back into expanding production. Perhaps if that pushed up the share price might be easier for them to raise money to expand? Guess we see. Wldnt blame them for holding back a little until they can find a new source of finance.

[quinan] 21/4/2022 11:12

If you take gold up over $100 in the last 2 months the average Gold poured each month is around 2000 Ounces gives them an extra revenue of around $600K, but as we know the Gold poured has been increasing month on month so that could be a lot higher.

Only a week or so to find out.