Altyngold Share Discussion Threads

[golden prospect] 16/7/2024 16:46

For those that may have missed the announcement

15 JULY 2024




Step-change DOUBLE PRODUCTION in sight, cashflows are swelling

Well done Altyn for non-dilutive financing.

[gizmohican] 16/7/2024 16:10

Gold price now at 2450

[gizmohican] 16/7/2024 16:08

This is going to fire up….

[louie2010] 16/7/2024 13:16

Lots more buys coming in should lift off soon at this rate as bulls come through the market.

[swanvesta] 16/7/2024 12:57

Wide spread here, so it would be nice to be able put in a buy order a bit above the bid. But neither IBKR nor IG seem to put my bids on the book. So how is that supposed to work?

[tim000] 16/7/2024 11:49

If you want 11%, 11_percent, it will be a struggle, that’s a third of the free float! But holding any number of shares should turn out very well for you given patience.

[louie2010] 16/7/2024 10:55

You buy some more quick as bargain at moment soon be 10 quid .

[11_percent] 16/7/2024 10:47

Bought a few here to get me started......looking good near term with the plant upgrade and longer term with a new mine....add in, my guess, gold is going up as the $ goes down.

[goldrush] 16/7/2024 10:17

With the new PR approach and Quarterlies issued early like big established gold producers, it clearly shows things are changing for the better....there must be some positive plan IMHO

[tim000] 16/7/2024 08:00

Agreed, an acquisition looks likely. Timing of course is unknown.

[platonl] 16/7/2024 07:46

First repost!

[dofmeister] 16/7/2024 07:22

Looks to me like Altyn Gold SPC Ltd has been established to make a Kazakh acquisition.....

[tim000] 15/7/2024 20:21

Thanks. Yelzhan Assaubayev is identified in the prospectus as being the First Deputy CEO of the holding company and an executive Director of the mining company. See p17. It doesn’t say anything about his family connections but fwiw I’d guess a son of the late Baurzhan, who I believe was the eldest son of Kanat.

[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