Altyngold Share Discussion Threads

[wrighty46] 05/12/2023 14:55

Factor in a medium term dividend. That's some discount if buying in now.

[golden prospect] 05/12/2023 12:33

On 60koz/yr with selling prices above $2000, ALTN may generate 2024 revenue $120m+, equivalent to about 95 million pounds. Current market valuation is one third of this, a huge disconnect!

[golden prospect] 05/12/2023 11:57

On the 1 year anniversary of $40m financing

"The loans are repayable in instalments over a term of six and a half years with interest charges ranging from 3% to 7%."





Looks like ALTN is set to deliver on non-dilutive growth plan,
going from 40koz/yr to 60koz/yr, timely.

Record revenues beckon.

[excellance] 04/12/2023 13:59

The question is, have rates been high enough for long enough to control inflation.

War is war, there has been multiple wars globally for decades, but when shipping lanes are threatened it adds cost, reduces profits, and economies suffer...gold becomes key.

Recession, or at least a flat economy, is likely regardless.

[stevea171] 04/12/2023 07:44

Price Of Spot Gold Hits All-Time High As Silver Surges Along With Miners.
Gold $2074 after $2148 over night. $2000 has been left for dust!

4th time liftoff finally heading for the stars we can hope!

This price of gold is now hitting all-time highs, but sentiment in miners and ALTN is still totally crushed.

Will the market finally wake up this week?
We'll soon see ..... !

[excellance] 01/12/2023 13:48

Gold in GBP has done great over the last 5 years. I've sold a load recently at 50% profit.

Shares haven't done very well, particularly the last two years for resource companies.

Bonds have looked good for two years with great yield, but I think that run may be over as yields peak.

Next I expect a year or so of recession or flat at best, and gold producers should do better than most, but who can say what madness is just around the corner.

[researchcentre123] 01/12/2023 10:49

Whereas I don't know enough to attempt predicting gold prices, with the uncertainty in the world and continuous inflation, up see would appear more likely than down for gold

[goldrush] 01/12/2023 10:07

Farrugia

Why,if gold pops.....the numbers here could look even tastier and if their incresed throughput stays on course to be delivered (and all the signs are it is going well)....it augurs well for a share price re-rate IMHO

[farrugia] 01/12/2023 09:59

why don't they hedge a portion of production at those gold levels?

[goldrush] 01/12/2023 09:49

Are a few startting to get the message....3 purchases....we know this can move on a couple of buys

[trader465] 29/11/2023 15:58

“$2040 and heading higher”

How do you know higher?

Perhaps gold will be back to $1900 next year. People were spouting $5k gold in the 2008 crash, they were wrong and have been wrong for 15 years, no different now, the price of gold will go down and up, and up and down.

[teaboy100] 29/11/2023 15:55

Some of us have been hoping that for quite some time now. Sadly, the share price seems to think otherwise.

[goldrush] 29/11/2023 09:51

GP

With the gold price up at $2040 and heading higher it won't be long before peeps start taking a position here....IMHO.....there is no other Goldie with the resources and planned upgrades to production that has such a low market cap valuation ....

[golden prospect] 28/11/2023 20:29

Laggards like ALTN are building a huge value store for investors.

Q4 likely to be robust, perhaps exceeding 10koz with revenues 20 million dollars+

2024 may see a rapid re-rate in the share price.

[stevea171] 28/11/2023 19:36

Gold leaving $2000 for dust! $2040. But can it last?
From early October the dollar has been falling. US$ Index from 107 to 102.8 now.
At the same time gold has risen from c.$1820 to $2020+.
Gold/miner sentiment has been at rock bottom but now there is significant momentum picking up except for laggards like ALTN.

These trends are likely to continue but as ever not in a straight line ... !!
High tides lift all boats.

[researchcentre123] 22/11/2023 10:02

As a point of interest the company could restructure the capital which would enable them to pay out dividends, but I don't see much point for now as they are reinvesting the profits developing the new mine.

[researchcentre123] 22/11/2023 08:51

In the UK the balance sheets don't reflect the tax asset status of previous losses as they do in the US.....so losses of 30m means that there's 7.5m of taxes that don't need to be paid in the future. In the US they'd call that a tax asset and put it on the balance sheet. It's not the same as cash, you can't sell it, but it's still a great benefit

[jerrypike] 21/11/2023 18:26

palisz....2025
They have stated they would pay 20 of the profits in dividends.This would be the first
return they have received in many years of investment.They have done incredibly well.Lets hope they can get approaching 60 oz of gold next year with the use of the new equipment.As ever be warned there are many difficulties running a mining company...many hidden pitfalls.....Just ask the unfortunate shareholders of HZM.
I believe they may even try to pay up to 40% of the annual profit.Could be spectacular.
No ramp intended....just do your own research as I have.
JP

[dofmeister] 21/11/2023 18:26

They need to pay off the accumulated losses before paying dividend, currently c £30m, which will be done next year if they can produce 50,000 oz at an all in cost of say $1,100 per oz and gold stays at $2,000 oz. Div policy says 25% of consolidated net profit or free cash flow, so could be substantial.

[palisz] 21/11/2023 07:48

Anyone remember... didn't the company say it was aiming to start paying dividends in 2024...I think it was said a few years ago. But if they do would definitely be a decent yield and give a huge boost to the shares.

[bsg] 17/11/2023 10:13

Doesn't seem to do us any good.

[chrisdgb] 17/11/2023 09:54

Gold creeping higher.......

[golden prospect] 16/11/2023 18:44

"Ore sum" opportunities beckon if Altyn get the Green Light at Teren-Sai,
expected Q423, especially given the project is adjacent to the producing and expanding Seki operation.


Estimated Teren-Sai mineral resources is 9 million ounces of gold and 16 million ounces of silver.

Easy to see some huge production increases in the coming years.

[researchcentre123] 15/11/2023 08:46

Yes and the company is in better shape than it's ever been with the new mine financed and being developed. Sooner or later the continuous improvements have to be picked up by the market

[golden prospect] 15/11/2023 08:10

At the beginning of the year the ALTN share price doubled in less than 30 days.

Will history repeat ?

2024 may bring good cheer for shareholders.