Member Info for bald_eagle

Half price in Boots....available for £12.99.

Would be interesting to know who is 'investing' £2.37 million in FUM (and why)?.....is James Barder going to raid his kiddies trust fund and rise triumpantly from the ashes of FUM with another 'wonder' product!

Dividends?!?...yes please!

I don't know much about company financing. I do know that ALTN have struggled a bit recently to get funds at a reasonable rate and they have had to get the money they need from people who charge quite a high rate of interest.

I believe dividends are money that the company has and the directors believe is surplus to requirements and they are 'happy' to go outside the company to shareholders. It would seem a bit strange to me to see money leave the company because it would suggest the directors don't have a need for it, which would be odd given the very large projects planned for the near future. Also money within the company can be leveraged to produce more gold and more profits. So why send money out of the company that has to be replaced with either share dilution or a loan at possibly quite high rates (assuming they can get a loan)?....I'm sure anyone loaning the company money would ask why shareholders are being paid a dividend and you need their money.

PS I would love a dividend....even better a 'bumper' dividend.

Silly question perhaps, how would a 'bumper dividend' attract more capital?

It will be interesting to know how much 'actual' money DOGE saves, but I doubt we will ever know because the people telling us how much money they save will probably be DOGE. I guess the final verdict on how successful the cuts are will be joe public.

Personally I think it is just flooding the zone with BS.

It will also be 'interesting' to see how Americans view Trumps tariffs after a few months. A massive economic and societal experiment imo, anything could happen. I doubt the Republicans have thought it through.

" The Directors are very cautious people - they take the time needed to avoid costly errors."

============================================================================

That could be read as 'they are slow in making important decisions', which arguably is why it has taken so long to develop the mine. BUT they seem to be making progress now.

I do remember one 'cautious' decision regarding the name change to 'Altyn' from 'Hambledon', where they announced the name change before they had secured the rights to the name 'Altyn'.....and some clever person from Splott in Wales (area of Cardiff) grabbed the name. I suspect a few ingots had to change hands to avoid any embarressment (no figure was divulged, petty cash I suppose).

Of course there are political risks and also being majority owned by one family. They are cheaper because of that. Exactly as LITD1 stated.

Such analysis is silly for companies like ALTN that have 'special' features to factor in such as governance & location. But even if one includes a healthy discount for such matters it isn't expensive....and they do seem to be making the right noises on delivery of promises. But as ever with ALTN things can take a long time, with bumps along the road i.e. don't go counting any chickens or eggs quite yet.

They might introduce a dividend payment at some point. They have certainly mentioned dividends in the past but realistically it wasn't feasible because of the large capital expenditure in the mine. I suspect there will always be 'something else' to spend the money on. Indeed it makes sense to spend any profits on investments that produce more gold rather than getting loans with high interest rates. If the SP increases substantially due to the increasing gold production then I suspect most shareholders won't complain.

He is I think referring to the price of gold, which isn't the sole determining factor for ALTN's share price.

Hi RB, so it's old news regurgitated.

I believe the 'actual' H1 results (interims) may be out very soon. Hopefully there is some new information about the upgrade process. But I do understand that the figures will likely be cut & pasted from the last production update,...but some upbeat comments from 'the management' would be nice.

LITD1, where did you find the H1 results?

I cannot find them anywhere....even on the ALtynGold website!!

It must be wonderful to be Right all the time!

But is Mr Right right or Mr Right wrong?

"illegal emigration to the UK...."

=========================================

Pogo, it's all those doctors leaving the UK to get jobs in Australia!!....bleeding illegals.

You seem to make some sense on ITV but when you start talking about 'socialism made by both major parties' and 'boats with emigrants' I do wonder. Stick to the financial stuff, you make more sense (imo).

Russian propagandist you have been reported. Last several posts have been an outrage. We know who you are working for. Hopefully they can ban you and stop you popping up in another identity. You are a disgrace.

Zaitsev, who are you really?!....you can tell us, we won't tell anyone.

You're also slightly fickle. 'Strong sell' at 13:38 and 'weak buy' at 16:04. Make your mind up who you are and what you think.

Although probably better to just filter you. Bliss

They must have a strong conviction to be still shorting ITV after the current run. Perhaps they know something nobody else does. I wish them luck....NOT!!

I good set of results would see them shirtless.

KS, they havn't provided Q2 production figures. They have given us h1 numbers. It is obviously possible to work out most of the numbers for Q2 based on Q1 data.....although I think 'average gold grade' might be tricky to work out.

I think usually the numbers in the production update are just copied & pasted into the financial report in September. So we get the numbers a few months earlier. Not sure what I'm going to do with that information.....market hasn't so far been that impressed. But it might be a slow burn!