Altyngold Share Discussion Threads

[tim000] 15/7/2024 19:38

Let’s hope so!

[dofmeister] 15/7/2024 19:15

Hopefully execute the plant upgrade smoothly and be knocking out 15,000 oz per Q and making gross profit of £56m plus pa. Current market cap of < £40m !

[goldrush] 15/7/2024 15:49

L2 continuing to look positive =

Bid 146p vs Offer 154p Mid Price 150p

[king suarez] 15/7/2024 14:17

Yes, there's definitely been a step change in the level of reporting, but still very under the radar I think - hardly much volume.

Today was a very promising update - hitting 10k ounce for the quarter (a record?) whilst mid-way through implementing the capactiy increase was suprisingly good.

Something is definitely afoot with the start of the huge bond raise - hopefully we get an updated presentation soon that will set out the plans.

Feels like we are on the way to new highs in the not too distant future, so happy to pay the highest price of the day, if that is what it ends up!

[mikeh30] 15/7/2024 13:56

I've not seen one mention on telegram or Twitter apart from myself. Spread ze word

[goldrush] 15/7/2024 13:47

KS

Knew you would be around !! 😀😀....A few of my friends from the past are also having a look at this now....Obviously the results are good and also the expansion options....BUT I think it is the change in positive PR direction which has got them interested (e.g Quarterly results out early, the recent RNSs and of course good AGM feedback. Let's see what other news comes out....

[king suarez] 15/7/2024 13:39

"15 mis ago a buy of 1,700 went through at 153.45..."

That was me. Bit late with my top-up!

[goldrush] 15/7/2024 13:26

Fine day on L2 today....Mid price is 148.5p ....someone put up an offer price at 147p and that stopped momentum for 2 hours but that was soon taken out by buys of 1,000, 1,400 and 200 a total of 2,600 shares.... now it is a firm price of 154p to buy....15 mins ago a buy of 1,700 went through at 153.45...

L2 6,850 @143p vs 3,000 @154p .looking nice and firm....

[gizmohican] 15/7/2024 12:56

agreed Tim

[pensionplanner] 15/7/2024 12:23

ditto Tim. Similar attitude towards holding Altyn

[tim000] 15/7/2024 11:50

It’s hard to forecast profits this year without knowing when steady state production of 1Mtpa will be reached. I’ve given up modeling company P/L accounts because of their unreliability, I now prefer just to buy and hold good stocks without worrying too much about short-term factors such as when exactly the new plant will be running at full capacity. The bigger picture is that pretty much everything is currently working in ALTN’s favour - gold price, production levels, mined grades, recovery rates, tenge depn against the $, access to external finance, progress at TS, and signs of future M&A being considered. Aidar doesn’t seem to be someone who overplays his cards, if he thinks a share price of ca 20x its current level is achievable, that’s good enough for me.

[excellance] 15/7/2024 11:33

Not sure costs are relevant at this point, they should come down as production settles, and production should increase significantly, giving a very different ROI and PE.

We can extrapolate only and give a rough estimate.

[researchcentre123] 15/7/2024 11:14

So I think their costs are about 50%? If so that gives a pe ratio of 1.7 in a company that should drastically increase revenues

[researchcentre123] 15/7/2024 11:08

They used a cheaper reporting service, but it seems it doesn't do much reporting

[hubs] 15/7/2024 10:58

Thanks guys.

[bobbieblock] 15/7/2024 10:43

So what happens at 1MTPA processing and grades as per DFS of 3.6 h/T

[tightfist] 15/7/2024 10:30

Hi Hubs, lack of news reporting via ADVFN has been a problem for many months. The Company were made aware at the recent AGM - see the posts at the time..... investegate now seems to be equally dismal.

[hubs] 15/7/2024 09:08

Don't seem to have today's news on my ADVFN?? Clues please? thanks, gla.

[excellance] 15/7/2024 09:03

These results are just the first step, the improvement largely due to improved grades, improved recoveries, and higher prices.
These numbers don't show any improvement in ore production or processing, that starts this quarter and should ramp up into next quarter.
Happy days!

[excellance] 15/7/2024 08:59

350p surely...?

[someuwin] 15/7/2024 08:49

300p first target

[gizmohican] 15/7/2024 08:46

May get an update on the processing this week as well ?