RE: Altyn - it’s all about Teren Sai4 Feb 2021 08:59
Sensible stuff Spike
Teren Sai is about the future.
The hard yards have to be done at Sekisovkoye.
Altyn are now spending money - or have spent money - but it has to be paid back, to do that they need a certain level of production (which is dependant on gold price).
I'm not sure when breakeven will be reached...perhaps it has already. But there is always more cost around the corner....Teren Sai, current processing enhancement, a 2nd processing plant etc etc. Hopefully they may even have a little money left to reward long suffering investors.