Altyngold Share Discussion Threads

[gizmohican] 20/12/2024 15:21

A Few buyers in today

[researchcentre123] 20/12/2024 10:37

We all need help Excellence. I think they have options for more mines in Kazakhstan if I remember correctly from what Aidar said, and if they're looking at further expansion, maybe a partnership would be the way, but it seems to me to make more sense carrying on in Kazakhstan than going global. Anyway I'm sure they'll do whatever makes most sense.

[excellance] 20/12/2024 10:05

If they wish to take on projects elsewhere in the world they'll need help.

[researchcentre123] 20/12/2024 09:31

I don't know that there is any evidence of some potential partnership. I'm not so sure that they need it at this point - they have a good handle on costs, are not over leveraged and have a three year average return on equity of just under 30%. I'd just like to see more of the same. Still I suppose with the right partner, they could do more faster but their slow but steady pace seems to work

[excellance] 19/12/2024 18:53

I am convinced that the upgrades of the last few years, the two year extension for TS and commitment to mining within that time, the comments made about new projects, and the evolving financial plan including loans and bonds already announced, are leading us towards a partnership or merger with parties unknown, giving us a growth plan, increased capability, access to capital, reduced risk on many levels, and increased potential going forward.

2025 looks like it could be a very lucrative year for Altyngold and holders.

[excellance] 19/12/2024 12:11

We are awaiting confirmation that the capital invested has both increased production AND reduced costs.

I also suspect some corporate action being arranged in the background.

A responsible CEO does not over cook PR unless there's a reason to do so, or a story to tell. I think they'll start telling our story soon.

[king suarez] 19/12/2024 11:12

On most metrics ALTN is better value than SRB.

Higher mine life, lower AISC, similar production.

What SRB has going for it is net cash vs net debt here with ALTN and, I don't know, is Brazil considered a lower risk jurisdiction than Kaz?

[goldandgrey] 19/12/2024 10:45

Too early to call but could turn out to be a pivotal day. If the wider market cracks though there will inevitably be an impact, even if only briefly. Long term I am very confident that ALTN will be multiples higher, barring any unforeseen circumstances. I suspect that it will never reach what we would consider to be fair value though, so bear that in mind.

[busterhogdog] 19/12/2024 10:44

What's your share price on SRB as someone on their board reckons something will happen soon .

[busterhogdog] 19/12/2024 10:25

More buys today hopefully bottomed out , I haven't sold any of mine been adding small amounts as been on downturn when tide turns then these buys will soon pay off.

[gizmohican] 19/12/2024 10:22

Need a similar style of RNS for Atlyn

[gizmohican] 19/12/2024 10:20

Will be our turn soon, fingers and toes crossed.

[gizmohican] 19/12/2024 10:19

SRB's plant up and running and share price took a nice upward bounce ...

Serabi Gold (AIM:SRB, TSX:SBI; OTCQX: SRBIF) the Brazilian focused gold mining and development company, is pleased to announce that based on the operating progress achieved through December, the classification plant for its 100% owned Coringa Gold Operation (the “Coringa”;), located in Pará State, Brazil, within the Tapajós region, is now fully commissioned (all financial amounts are expressed in U.S. dollars unless otherwise indicated).

Mike Hodgson, CEO of Serabi, commented:

“With Coringa continuing to ramp up and generate positive free cash flow, we are pleased to share that our classification plant at Coringa is operational and working as expected. The plant will be instrumental in achieving Phase 1 of our growth strategy, which is to raise our annual production profile to 60,000oz by 2026. This marks the culmination of 10 months of construction and commissionin

[researchcentre123] 19/12/2024 09:21

Bought a few more. Very confident it'll go up eventually, but would be nice if it doesn't go down first......

[goldandgrey] 19/12/2024 09:08

Exactly. PR is quite a fine balancing act. It must be relevant. I have heard cries for more PR from every small company I have invested in but it is not a panacea and can be overdone (MTR anyone?).

That said, ALTN undoubtedly communicates too little, too late so a bit more would be appreciated. But if they were perfect we would not have got the buy in prices that we did.

[pensionplanner] 19/12/2024 08:45

In my experience the better the PR the more likely a company overpromises and under delivers

[tightfist] 19/12/2024 08:26

Never seen before seen SRB as a PR role model...... However, since Khov came on-board, trading started OTC, and it seems an analyst site visit (see Tamesis reference) presumably including their shiny new plant, things have looked up..... as has their share price!

[busterhogdog] 19/12/2024 07:38

Yes RNS from SRB this is what we need .Classification Plant at Coringa CommissionedSerabi Gold (AIM:SRB, TSX:SBI; OTCQX: SRBIF) the Brazilian focused gold mining and development company, is pleased to announce that based on the operating progress achieved through December, the classification plant for its 100% owned Coringa Gold Operation (the "Coringa"), located in Pará State, Brazil, within the Tapajós region, is now fully commissioned (all financial amounts are expressed in U.S. dollars unless otherwise indicated).

[gizmohican] 19/12/2024 06:35

Comparables to srb give us a very good steer as to how undervalued we are, this imo will change considerably over the next 3 to 9 months, wot with the increased production, bond war chest, TS production coming online and further undefined future developments still to be announced. The company needs to make their share price more fluid and either a placement of say about 10% of additional shares to institutional investors or a dividend will help this. As the only people who seem to be buying are us.

[busterhogdog] 18/12/2024 23:49

Share price is falling because of lack of news regarding upgrade.Srb has less political risk better PR , We get nothing hence no interest in buying and awful past regarding HMB.Next couple months we'll see as crunchy time if they fail to deliver then back to 1 pound . G . L .A .

[highly geared] 18/12/2024 21:39

Tin hats possibly needed tomorrow ( UK follow up to US markets and sharp gold price fall).

[excellance] 18/12/2024 20:01

They don't have a 65% holder?

[pensionplanner] 18/12/2024 17:47

I note from the dummy spread bet account that its still closing deals only for Altyn, so they must have other outstanding bets. They must have cleaned up though, as stopping out cascades other bets which may be responsible for the down down share price If they didn't have other Altyn longs, they would hardly have closing deals only listed.

[louie2010] 18/12/2024 17:15

Death cross is at 1.61 let's hope it doesn't go under as very bearish 2 trading days to go then volume should be light Xmas week .January is normally good month for Altyn and news could turn this very quickly as plant should be running at full capacity . Last year update was in early February so not long to go .Charts suggesting 5 wave bottom but if falls to 1.61 then 1.50 possible