Altyngold Share Discussion Threads

[excellance] 26/3/2024 10:24

It wasn't picked up by the new "investigate" website either, but it's rubbish now anyway since it got taken over.

[researchcentre123] 26/3/2024 09:45

It wasn't updated in the advfn rns for some reason although came out elsewhere - I'd suggest that's nothing to do with the company and everything to do with advfn

[king suarez] 26/3/2024 08:58

"It’s not been released on the board properly"

What board, LSE? It's on the company's website as well..

[excellance] 26/3/2024 08:38

You mean you are.
Well now you know.

[louie2010] 26/3/2024 08:18

It's not been released on the board properly some are asking why where is it .

[king suarez] 26/3/2024 08:00

Louie - last rns was 26 February - not sure what RNS feed you use, but it is out of date!

[louie2010] 26/3/2024 07:30

Yes nearly bankrupt company sold to the clowns

[louie2010] 26/3/2024 07:28

Go back under your bridge troll , you are on another planet and talk a load of rubbish.

[louie2010] 26/3/2024 07:27

This idiot can barely write.

[louie2010] 26/3/2024 07:26

Giving guidance is not any use if the clowns running this company do not release R.N.S the last one was in October , Except more missed targets as usual when they give us an update which might be in June.

[excellance] 26/3/2024 00:09

I believe they are expecting to achieve 60k Oz pa after completion of phase two, but obviously it will take a full year at maximum production to prove it, but we will get incremental increases to give us clues.

Even if they achieve just 50k Oz pa at $2175 we should easily pay our debts off.

We would achieve operating profit of about £50m pa, before corporate costs debt payments and taxes etc. leaving plenty of scope for a dividend in 2026

[king suarez] 25/3/2024 23:30

Last qtr production was 9.5k ounces, so 38k annualised.

[stevea171] 25/3/2024 21:35

When the plant upgrade was put back to Q3/25 I don't remember any guidance given on implications for FY25 production, Q1/25, H1/25 etc. The mining rate is increasing but there is a bottleneck in the processing plant.

So by default we must be looking at approx 33k oz pa run rate for most of yet another year unless we are told explicitly otherwise.

[excellance] 25/3/2024 21:04

Not sure if that cost estimate is realistic considering the inflation we've seen.

We also have to consider TS.

The main question regarding TS is the very basic one which is "is it viable?", but we've had very little real detail to help us quantify what may be there.

I'm hoping the company give us a specific TS report and plan of action.

[excellance] 25/3/2024 20:59

Target for 2025....
+ Increase in ore production up to 1Mt, production of 60Koz per year
• Upgrading of the Gold Processing Plant to increase its processing capacity up to 1Mt of ore
• 27% decrease of TCC to 706 USD/oz vs. 970 USD/oz in 2020 due to the economies of scale
• Investment in infrastructure: development of 3 mines at the Sekisovskoye deposit.

[stevea171] 25/3/2024 20:36

gizmohican. No reply. So completely worthless post. Zero credibility.
Why does he bother?

If the CEO wants to communicate with PI's there is an official channel. But he doesn't use this so we are in the dark most of the time due to his arrogance and refusal to communicate.

[louie2010] 25/3/2024 14:07

Dribbling again excellently. Your toilet roll has fallen off your shoulder again .

[stevea171] 25/3/2024 13:42

So what is the stated forecast for this year? And what is forecast for Q1? and when did CEO tell you this?

[excellance] 25/3/2024 12:49

Not sure exactly but perhaps when he said he had 522,000 shares in ALTN, his credibility went to match his IQ.

There is more evidence, such as every post so far.

Consider his as purely entertaining, like a comedian or clown.

[gizmohican] 25/3/2024 11:47

Should potentially get a qtr 1 update as well as CEO mentioned that stated forecast production should be achieved by end of qtr 1. fingers crossed

[pensionplanner] 25/3/2024 11:02

Years ago? You sure? Not with the name Louie2010?

[pensionplanner] 25/3/2024 09:08

Louie...and yet you signed up on ADVFN when?

[louie2010] 24/3/2024 18:28

I think you can do both build positions and look at long then also have a short term view as well on the same share . I ve taken this on solg and bought in at 6p absolute bargain.I've bought in on hambledon in 2007 so others on here don't know what it's like to see this go south for so long building positions that go south after false promises and missed targets, but we will see very shortly as it s crunchy time . No not short of dosh got £70,000 to invest wisely. If the clowns do the business I will be very rich old man soon .