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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 ?
They don t like buster he spoken the truth they try to keep me silent but it does not work !
This share is awful and needs the kiss of life from Jesus .
Bah , Bah , Bah these lot on here be better going to the bookies not one of them has broken even , they to shameless to admit they are losing money and give others false hope in their bad investment !
This is had it please invest elsewhere or your lose your MONEY , Look at 10 year chart it bearish and going down the pan ?
boring all
Happy Days . Bye Bye nice to chat I be back soon if it still trading , G.L.A.
The last message of doom my friend its the END next news will be bad .
you lot should jump ship before it sinks with all your dosh !
Patience is a virtue and this dog has had its lot of virtue and all dear chap ?
Lets go to something really exciting like Solgold up 10 per cent or Cey . Who want s this old dog
it been like a sinking battleship for years leaching money us shareholders patching the holes and more appear !
bit like the titanic sinking to the bottom of the ocean !
Baldie dont get your hopes to high these clowns have 13 years of poor results under there belt so unless there a miracle .
Bit like Jesus walking on water ? This should be 10 pounds each but clowns have let us down again and again market does not like false statements and 13 years of let downs either ?
Why has this dropped to 20 p Rampers on here said multiple pounds > ? bunch of idiots lost loaddsa money !!!!!!!
Better odds at the bookies ?
More chance than flying to mars more like , howdy folks are you losers still here , not much goin on shall be back red soon ! Down trend intact 1p soon ? G.L.A. .. God Bless .
Which name theres been so many last few years its like a multiple listed gold miner , LOL , lets change the dogs name and new investor can get shafted as well , thanks mr director you go sit on your arse and lose us some more cash ! Oh I know lets borrow another 10 million and sit around a few more years whatch it goes down the swanny !