What sort of message is that really going to set the share price on fire ! As usual we are in mid season non existent updates and share price hammering happens no trades hardly any and bunch of clown directors clueless ? Probably down to 75p by next update !
That planning if met not ever met with this lot of bungling clowns , Its one thing planning but another delivering so just live in hope Badie ? If they promised a dividend would you believe them ? No ,
RE: Renaissance Capital research note20 May 2021 09:36
Indeed the Renaissance note raises more questions than answers for me. Mined ore is only around 550kt pa for the next 3 years rising to around 750kt in 2024. That's pretty disappointing with all the investment (and continued investment). But they are doing around 600kt now and have 700kt already prepared for this year . Grade doesnt reach 2.0g for another 4 years. Yet in the AR the CEO say "extracted ore which should result in a noticeable improvement of grades in Q2 2021." (Doing 1.75g now) Grade improves with depth anyhow so we should be seeing incremental improvements anyway before any operational initiatives to up the grade. Personally thought the note was a bit underwhelming in the short to medium term in terms of performance.
RE: Renaissance Capital research note19 May 2021 15:16
Usual for this lot ? Never quite get it how they keep mislead I remember another quote about a dividend a few years back WHERE IS THAT ? more chance of Jesus walking on the moon ? If you believe these clowns then at your own peril , probably just raising funds so they can t sit on their fat arses and us lot can go to hell !
Nothing but sells board have done it again ! Congratulations seems nothing changes each year ? I reckon they are going to raise funds and dilute and that s why they got into pounds this be worth pennies again bunch of cretons , morons , cheating clowns !
That makes a material difference to matters and they really need to offer more clarity in that regard. The AR states they "will" require 40-50m to attain 1Mpta which infers it has not been raised yet. However if now saying this has already mainly been raised via the loan and bond and is included in the 2 year capex plan then it is indeed excellent news. How one simple word makes such a material difference !
The $45m to achieve 1 MT PA is the total cost of getting to both 850,000 and then 1MT, which makes sense if you add up the the monies raised so far and the additional $9m odd to upgrade the plant from 850,000 TPA to 1MTPA.
VERY disappointing response to what are excellent numbers in the AR. This is what happens when a company releases reports 2 hours after everyone has gone home on a bank holiday weekend. However, the fundamentals are still good and value will eventually come out once we start the pr machine with the independent broker note.
Would not be surprised to get a further RNS at opening, as its strange to give good figures after market has closed on a Friday. As for financing. Its comparatively easy to get finance if a company has proved its competence and Altyn has. Its not as if the $40-50m is needed to maintain their existing work, it is to attain the longer term goals exploiting additional opportunities. Perhaps a sale of company in the offing?So where will they get £40m? A placing at current share price would mean the family losing control.
Don t want to be negative but nearly all the trades are sells ? Don t you just get a bit peed on reading this , It s just gets worse and like a dead donkey ! I ve kept away but still going down ! will i ever get my money back from this pile of poo !
Hi , Fans how s it going ? Share price lagging as usual ?? Every one be dead before this ones comes good 10 years going south ! hope you lot got miles left on the clock as your need it ! May the Force Be With You !
Baldie they have done it in the past not that you have been here that long , normally bad news get s released on Friday evening so no one notices but this lot don t seem to gave a monkeys ! At least it looks good compared to others and numbers look better , so lets hope production update is good as I think it will be ! some interesting comments about what they hope to achieve may this be the start of what should have happened 11 years ago . G.L.A. Tuesday morning should be interesting as MR Market rerates or ? who knows ?