Altyngold Share Discussion Threads

[excellance] 01/9/2024 00:34

The past is no guide for the future. A corporate action could see tens or hundreds of millions of new shares issued with warrants and options for insiders. Who can say what the share price could be in such a situation.

[tim000] 31/8/2024 23:25

I’ve edited the above post to correct an error. New equity was raised at £15/share in Jan 2007, at which time the mkt cap was £63mn - one-third higher than today! At that time the gold price was c$700/oz.

[gizmohican] 31/8/2024 10:38

We just need the processing plant update with some good figs for Septgold pour in oct

[tim000] 31/8/2024 10:05

I overlooked that the company had its 20th anniversary in June as a listed entity. It initially raised capital @£5 per share (its equivalent now) and subsequently issued new equity at prices up to £15 per share (29/1/2007, at which time the mkt cap was £63mn). The lowest price new shares have been issued was £1.975 in the early days of the family’s control (namely Jan 2014). So although the share price has had a good run recently, it is still below that figure. And yet the company today bears no comparison to itself of years gone by; the progress made is remarkable for such a small company that has not diluted shareholders.

[excellance] 30/8/2024 18:07

Coincidentally yes.

[tim000] 30/8/2024 17:52

Like ALTN in fact!

[excellance] 30/8/2024 17:49

No, it rarely is, they normally give themselves chunky salaries and lucrative share options, then throw all of the investors money down a hole in the ground with little chance of ever getting any of it back.

Sometimes there are boards of directors with substantial holdings and skin in the game, and they tend to be less reckless with company money.

[tim000] 30/8/2024 17:30

Yes, understood. The risk is certainly not borne by the CEO.

[tim000] 30/8/2024 16:47

That guy thinks he’s got a job for life, without ever making a single dollar in revenues.

[excellance] 30/8/2024 16:35

A little bit on this interview about the transformation of the Kazakhstan mining sector.

[excellance] 30/8/2024 16:23

Do you mean today or this year?

[goldrush] 30/8/2024 14:51

Just shows what a little bit of buying can do !!....Looking very strong IMHO

[busterhogdog] 30/8/2024 11:33

September 2 earnings are expected to.

[busterhogdog] 30/8/2024 11:31

Financial reports our due now according to my investment company.

[tim000] 30/8/2024 10:42

Monday 30 September is a good bet. Though the interims in 2021 were released in early September, so not certain. Hopefully, next news will be commissioning of the new plant, sometime in September.

[trader465] 30/8/2024 10:35

Do we know when half year report is due?

[king suarez] 30/8/2024 08:39

I haven't sent you anything, Louie. What is the username of the person who has sent you a private message?If you've been sent something malicious you should report it as it will be easy for ADVFN to track who the sender is...

[busterhogdog] 30/8/2024 06:52

You would say that . Seems strange a link appears obviously you sent it .Feel sorry for anyone you have scammed or gained information without knowing. Others on here Be Warned as your clearly upto no good .

[king suarez] 30/8/2024 00:09

Sorry, Louie I genuinely have no idea what you're talking about now?

[king suarez] 30/8/2024 00:06

How was the traffic? Roads busy?

[busterhogdog] 30/8/2024 00:04

Some of us working not sat doing fuk ought all day writing bollucks to each other.Nice to catch up with reading but allMake believe indeed. Bollucks.