Altyn Share Price (ALTN)

Any news on the 17 million loan as cant find rns read the sept one but no follow up

OVER 250K

RB, it will be good to know what they want to spend that money on and what are their production targets (for what they are worth) for the next 2 years...next year is going to be very busy & important for Altyn. Perhaps a name change or two....a stock consolidation...relisting on AIM....a branded coat of paint on the machinery. OR perhaps they will concentrate on what's most important and try to get as much gold ore out of the ground & processed. Fingers crossed.

gregpeck7 - to some extent I do agree with you that having bond investors confident enough to support the business is a plus.
But we seem to have raised $17mm via a 7 yr loan at 6% in September and now $10m via a 3yr bond issuance at 9% - that strikes me as quite strange ... big disconnect in the pricing there on the surface !!!
However Assaubeyev's have about $50mm invested in Altyn by my estimation, so they should be aligned with our interests.
I just hope this isn't one last roll of the dice ... but realistically Altyn need to double production pretty quickly to cover all the additional interest costs. Maybe if they can show themselves to be a viable 40k oz producer within 1-2yrs then the Market Cap can rise to around $40m and we'll all be much better off

Raising a bond equal to the mkt cap of the company is a massive plus.. They would be wetting themselves over at EUA if they could do anything like that.

Once you engage with the information the value here is clear. The problem is, most "investors" dont always properly engage.

This will suddenly multiply IMO we will see a big spike and the value will be realized.

Just keep buying and wait for it to happen.