Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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I note the have their AGM in London. Always a good sign when they make some/all execs available to interrogation by the plebs. I'll aim to attend once the accounts are finalised and the AGM called. Note to self - enquire as to the nature of that sponsorship programme...
Almost to be expected from ALTN. A brief look at the numbers in the RNS and I was wondering what 'Admin Expenses - sponsorship programme' of £3.654m means....that's quite a chunk of cash not being spend developing the mine.
Hopefully the auditor gives them a green light.
Just freed up some cash in my SIPP to add to my ALTN holding
This RNS is a joke on many fronts, not least why they didn't request immediate suspension to have this technical issue sorted by the time trading resumes. Nevertheless I've added £10k expecting a 25% profit within the week.
Hopefully Littlejohn publish next Thursday and suspension lifted on Friday 5th with the sp returning to 150p instantly.
... but we might have to wait for the Coronation holiday on 8th to pass before the resumption in trading.
IMHO everybody invested should add on this aberration
You make a reasonable point. Don't expect a fast recovery and other things can get in the way neutralising the good news of audited accounts finally being ready.
There's always a danger that with a large family shareholding they use the company as their personal piggy bank. However from my cursory look through RNSs and accounts plus the 30p fall in the price in the last few days, there is a lot of pessimism already built into the price.
If this comes good it will imo be a slow burn...
When do you think the share price recover ? This share never seems to go up just a long term down trend the directors are bunch of cowboys , where iare the ramper s now gone back to their caves I suspect . Baldie only comes out when good news is out ?
Notice how this has been released on a Friday ?
Very sly .
I've been through this process with GDP and as far as the accounts were concerned it all worked out OK. Power cuts effecting operations were a different matter and for a different Board.
In the meantime quite happy with the low PE and conservative value. With a P/E of 2.5 price of 50% NAV and seemingly large reserves and resources lasting at least 10 years with a steady if unspectacular profile of steadily increasing production looks interesting. Yes the jurisdiction is not up to Western standards but if that's your priority then try ScotGold. Ha ha
Baldie you coming out of the woodwork ? What are your thoughts on today,s *******ed up R.N.S.
As per usual the clowns are at it again ?
Why would everyone take this seriously now !
"Given the incredibly low salaries and mediocre cars in the car park (someone posted a link to it on Google maps once)...."
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This is great. Is there a live feed?...I can watch them making me money.
Given the incredibly low salaries and mediocre cars in the car park (someone posted a link to it on Google maps once) I'd say money will be going on development - they seem to do this much cheaper than similar mines
Watch out Baldie is out of nest and share price is flying !
L.O.L .
Baldie the Eagie Ramper flys his nest .
They seem to be awash with development money. A big loan from a bank, the bond yesterday and even some profit. Lots of money to invest in expanding production. Looks like it's gonna be a busy year for somebody.
Gold plated toilets have been ordered for the executive washroom I hope....priorities!
I'm not quite sure why they needed to issue these bonds. Given the interest rates on the development loans from the banks. I'd assume they are for specific purpose and mostly paid out for secured purchases and not for general working capital use, however the business should otherwise anyway be generating enough cash for general working capital. They only invested around $2.3million in Q1, so not much is happening yet anyway.
Still good to see gold up above $2000 and the SP up.
Hi Baldie is that your buy of 1 share ? Last of the big spenders .
L.O.L
Yes your right about Old Baldie Eagle , share price rise and eagle has landed or flown ,
Is he ramper or pusher ? we want honesty not clown ramper ?
Well I suppose there are all kind of posters on these BB'S. Some try and post honesty while others want to line their own nests.
O/T.
My second largest holding is in THG.
Results are due there in April. I feel very positive there and think it will be a multibagger from the current shareprice. NAI ofcourse. I Always advice people to do their own DYOR etc.
My investment in AAZ is my largest holding and is moving along very nicely too. ALTN is the third one.
I hold TXP as well. That one is an outsider so to say.
The THG thread on ADVFN has gone to pot so I have started to use this site LSE.
AAZ thread is excellent on ADVFN. So now I will be using both sites.
ATB all.
Hello , Yes it s mostly quiet as share price is down , Baldie only comes out of his nest when share price goes up which isn,t very often . Then we listen to Ramping for a couple of weeks before another round of downtrends . G.l..A
Very quite on this BB regarding posts !!
I usually post on ADVFN.
A very cheap share still with a very low PE ratio.
The cheapest on LSE.
If I remember correctly the cost to the family during consolidation was 300P. They hold 70% of the shares. So still a very long way to go yet.
I have been a holder for a while here.
I also hold AAZ witch I feel will double in price sometimes this year. Divi playing as well
ATB to shareholders here.
Hey Baldie have you sprinkled some of your fairy dust on this yet .
Is your toilet roll still on your shoulder ?
you do talk a lot of ****e .
Yes you need deep pockets for this share . Maybe a Dustbin ............
Buster, I thought it was you putting your short arms into your deep pockets.
Share price rising must be Baldie buying up more shares
Go Baldie .
L.O..L ......
Winter came and usual update ? now more excuses about poor winter , now where have I heard that before ? From these clowns 10 years ago you would think after all these years of mining they would have had plans to minimize it affecting the operations . I think its another Old Chestnut and deflecting poor management . Sick and tired of lame excuses just get on with it . Someone needs to kick **** quick .
After a long wait for Q4 production update it finally arrived and...."extreme weather conditions' returned to Kazakhstan.
The saviour to the figures was grade jumping to 2.49 gr/tonne (impressive increase of 18% from previous quarter).
Typo in the RNS ('mined' 124.1kt should have read 'milled' 124.1kt ) makes me think it was a little rushed....even though they have had plenty of time to get it just right.
Anyone know what "....accelerating the opening of deeper horizons...." refers to?
Sadly it doesn't look as thought Assaubayev or BoD is going to give a Q4 update.
Useful information has always been in short supply with this company in first quarter of the year.
However I feel patience is all that is needed here.
With luck we'll get audited results sometime in April and then a Q1 update in May.
By my calculations Assaubayev's own around 70% of the total equity at an average around 250p (in new money)
There interests are very much aligned with ours ... I'm confident we'll get back to 3p (=300p now)
... ideally I'd like to see it before June 30th - but I can wait.
Where else do you have such a good chance of 100%+ upside in 2023 !!!
Auditor ? has he been sacked already .