Altyngold Share Discussion Threads

[excellance] 10/5/2023 09:21

So I think we need to consider a 5 or 10 year divide between east and west.

[excellance] 10/5/2023 09:20

Poly is owned mostly by western investors, or it was before the sanctions induced selloff.

The NATO war plan is to ramp up military production so that in 3 or 4 years Ukraine and it's foreign legion of private mercenaries can grind Russia out of Crimea, the age old imperial ambition to control the black sea.

[redtrend] 10/5/2023 09:09

POLY strategy was to de-list, then split the company in to Kazakh and Russia assets and then re-list the Kazakh company. From language today I'm not sure if they will follow that entire strategy through, but either way, you never know if a leftfield bid for ALTN from POLY down the line could emerge, to acquire the huge ALTN potential and use it as a quick back-door to relist on LSE.

[stevea171] 10/5/2023 08:34

Further to previous announcements, PM major Polymetal (POLY) advises today that it is seeking shareholder approval for cancelling its listing on the LSE with re-domicile to the Astana International Financial Centre ("AIFC") in Kazakhstan.

As previously mentioned here, POLY has large PM operations in Kazakhstan and this move, if approved, could result in portfolio changes to its holdings with mine sales in the Russian Federation and acquisitions in Kaz to rebalance its portfolio in the medium term. ALTN would be a prospective target in such circumstances.

POLY share price is down 50% so far this morning.



This opens up a similar move in the future for ALTN to follow with a move to AIFC and delisting from LSE. At present retaining of both listings is considered not practical after full investigation by POLY.

[andydaf] 09/5/2023 19:42

Weather was bad in Kazakhstan so i am not expecting many fire works from the first quarter.However Pog has been ok the first part of this year so that will help.We need the expansion to go well during the summer and with a bit of luck we will be off to the races.GLA

[someuwin] 09/5/2023 16:14

Still showing as suspended on HL. That might be limiting the buying at the moment.

[excellance] 09/5/2023 15:28

Question is, after Q4 22 rather modest performance, will we see improvement, and start to see evidence of new equipment arriving, same higher grades, and higher gold price?

Looking good I think.

[quinan] 09/5/2023 12:56

yep, we could see Q1 as early as next week.

[excellance] 09/5/2023 12:33

Delighted with today's lifting.

It was an opportunity to just not bother, and remain delisted, but the company did what they needed to do, which is a positive sign.

Now for Q1 news, then TS update...

[blackhorse23] 09/5/2023 08:39

Out now & bought GATC

[bsg] 09/5/2023 08:15

Bit of a damp squib, so far.

[quinan] 09/5/2023 07:53

Back in business

[pensionplanner] 09/5/2023 07:47

excellence. order already in waiting.

[mold breaker] 09/5/2023 07:34

RNS Number : 7663Y
Official List
09 May 2023
NOTICE OF RESTORATION OF LISTING FROM THE OFFICIAL LIST
09/05/2023 07:30
RESTORATION
ALTYNGOLD PLC
The Financial Conduct Authority ("the FCA") restores the securities set out below to the Official
List effective from 09/05/2023 07:30:

[excellance] 07/5/2023 16:10

Thinking of ploughing another £15k into this on Tuesday, assuming that trading suspension is lifted.

[excellance] 07/5/2023 12:27

The accounts show a clear bill of health, so no skeletons in the cupboard, and focus on development plans at Seki.

Now we await Q1 numbers and hints about Q2 and going forward.

TS taking a back seat, maybe news on that in H2

[researchcentre123] 07/5/2023 11:13

So how will the bounce be in Tuesday?!

[excellance] 06/5/2023 00:26

For me it's not the company where the risk lies, but the direction Kazakhstan goes in next.

[wrighty46] 05/5/2023 19:29

All explained, squeaky bum holders/ sellers, thankyou for my small top up I had last Weem only bought 1500 wish I'd bought 15000 lol. Oh well will hopefully buy a few more once trading resumes. Have a good long weekend all.

[researchcentre123] 05/5/2023 18:47

I think investors are still not sure that this company is properly run. They were spooked by the accounts last year and not sure abt the management. So problems with the accounts again worried investors My own view having seen the management is they're ok and hopefully over time as the company grows pple will be more happy with them. I think the company has a king way to go

[excellance] 05/5/2023 17:59

Fear.

There's a lot of it about.

Now what's that old saying about fear and greed?

[pensionplanner] 05/5/2023 17:52

I just don't get why people sold. Unfortunately I was out when share price plummeted so well done for any that snapped up cheap shares

[excellance] 05/5/2023 17:01

Is there anything stopping the lifting of suspension?

[excellance] 05/5/2023 17:00

Loads of debt paid off, let's hope we can develop and pay that debt off quickly.

A few one off vanity projects to satisfy local authorities and the community, and one off capex spend on capital equipment.

TS taking a back seat, understandably considering the high priority SEKI development, but progress still being made and could be great, and a hint at looking to further acquisitions...

Cost per Oz up but I think we expected that.

Happy days, lovely report for a company with our mkt cap.