Altyngold Takeover Rumours (ALTN)

Maybe they will decide a dividend soon even small would encourage investors in this would be very good for shareholders reward us and keep any hostile takeover away as share price would rise making takeover less likely. I hope

As a single asset company in a FSU location we are higher risk than some, but also lower cost. I prefer Kazakhstan over DRC or even SA any day. I'm hoping the plan is to get Seki up and running, get TS 1 on the road to development, then a major drops a £500m offer on our laps. Maybe more. There was a little talk about another asset, and that could include a merger, takeover or RTO, and that could de-risk the company significantly, tho it could also involve dilution. Companies with good assets and spinning out loads of cash tend to get offers coming in, but the family hold the aces.

With a dramatically improved balance sheet, massive mapped but untapped potential at TS, and the stated aim of seeking growth opportunities, the next year should be very exciting. With just Seki in production and producing large profits for years to come the company is a clear takeover target, and with the large TS license, mapped at surface level but so far no deeper exploration, we could have multiple open pits for decades, but little ALTYN probably doesn't have the resources to explore and develop it themselves, so I can't help think that there will be some kind of consolidating corporate action, a merger or RTO, combining the cash generation of Seki with the resources of another entity to develop TS and/or other licenses.