Altyngold Share Discussion Threads

[jc2706] 30/9/2019 08:56

I would prefer that AAZ were not involved. Not because I don't rate AAZ but rather because there are obvious implications to the potential benefits of ownership. I am still working on the assumption that the incumbents are capable of realising the value here!

[littlepuppi7] 30/9/2019 08:20

Clearing the financing is the big thing for me and the gold price trajectory coming down the tracks. Tiny market cap this could explode now.

[joj1] 30/9/2019 08:08

In relation to post 879, AAZ have said they are looking at deals outside Aberzajian. Market Cap is 173m to 18m. Bill Morgan the finance director of AAZ has worked in Kazakhstan. In addition Wikipedia quotes Kazakhstan and Azerbaijan as having close ties. ‘Many Azeris and Kazakhs, as well as the head of both states usually refer to it as the Azeri-Kazakh brotherhood.’ A tie up (as has been mentioned on this Advfn board) is improbable but who can say in the future IMO.

[tightfist] 30/9/2019 07:44

Hi; it's almost three years since they regularly RNS'd quarterly reports but it would surely be a good sign if they were resumed. Three weeks into the following month was the earlier quideline (my other goldies are up to four weeks). As ever with ALTN, wait and see - IMO content is also important!Cheers, tightfist

[joj1] 29/9/2019 22:26

In relation to post 879, AAZ have said they are looking at deals outside Aberzajian. Market Cap is 173m to 18m. Bill Morgan the finance director of AAZ has worked in Kazakhstan. In addition Wikipedia quotes Kazakhstan and Azerbaijan as having close ties. ‘Many Azeris and Kazakhs, as well as the head of both states usually refer to it as the Azeri-Kazakh brotherhood.’ A tie up (as has been mentioned on this Advfn board) is improbable but who can say in the future IMO.

[excellance] 29/9/2019 21:10

If no news tomorrow as indicated by end of Q3, so what?

Surely if news is a week or two later than anticipated it matters not?

[wrighty46] 29/9/2019 18:38

A Q3 update imo will prove the bod mean business from here on in. We shall see. I will email my thoughts next week.GLA

[tightfist] 29/9/2019 16:55

Interesting analogy recently with SRB. Their news was expected by end August but did not actually RNS until 6th September. The share price actually moved ahead in first week September - but then saw some limited selling into strength as soon as the RNS was released.However, IMO the SRB BoD have comms credibility - in my book they are currently in a different league to ALTN!Cheers, tightfist

[excellance] 29/9/2019 15:25

indeed.

possibly news tomorrow...last day of the Q

[brasso3] 29/9/2019 10:44

Friday was the highest volume for 2 months. No smoke without fire.

[wrighty46] 29/9/2019 10:35

Let's see what tomorrow brings, hopefully some news. One possibility is the company knew there was a seller and slowed up on compiling the reports to wait for the seller to finish which hopefully has happened. If cleared and the company meet there own deadline this could make for a very good week. If no news tomorrow then Tuesday may well see a tumble in the share price imo. Other news could drop at anytime also. Production and ops update, forward ordering of new equipment but to me most importantly is an announcement of a short to medium term plan to get us over 50k ounces per year. If we are already at 30-40k tonnes of throughput at the anticipated higher grades then this I'd imagine would be next years target. The all in cost will drop dramatically as production increases. Aimo. Probably way off. GLA

[littlepuppi7] 28/9/2019 11:43

Like the look of this one a lot..... Looks like its progressing fast now and very low market cap.

[excellance] 28/9/2019 10:04

Yes, and it will be a bit tougher to crack

[excellance] 28/9/2019 10:04

...but I ain't selling!

[red army] 28/9/2019 09:13

.9p is next logical resistance area.

[shanur90] 27/9/2019 17:56

Not a bad day and recovery from yesterday. This should be well over 1p. 75s resistance has been tough it will break though.

[excellance] 27/9/2019 16:58

Actual spread seems to be 75/77

[brasso3] 27/9/2019 16:35

55m traded today.

Insider trading? lol

[excellance] 27/9/2019 16:29

Now that really is very nice.

I'm guessing news next week maybe.

[jc2706] 27/9/2019 16:10

Monday is the last day for publishing the CPRs if they are to meet their stated timescale of Q3. Assuming they don't release it later today of course (and they do have a habit of releasing news at unusual times). It will be interesting to see how the market takes a miss if it is not released on Monday given the history of the company. But if the CPRs are released (as I hope) and they contain what we think they might then it could be very positive indeed.

[homebrewruss] 27/9/2019 15:45

More stock now it seems, 0.76 to buy now

[excellance] 27/9/2019 15:38

Really?

84?

Must be no stock available.

[kcowe] 27/9/2019 15:30

Looking as if our seller is cleared .

[stevea171] 27/9/2019 15:27

I bought approx 3.2 million earlier this week.

[brasso3] 27/9/2019 15:12

3m buy earlier at 0.67p seems to have sparked things off.

I would guess CPR on monday morning at 7am.

40m traded so far today.