Member Info for gregpeck7

Agree, after the weeks of 5 million shares avaliable online, we seem to now have that in the rear view mirror, did Friday clear things out? Only 1 million available now.. Personally I think this will be around 1p before we know it...

Full ask needed about a million shares left..

2.5 million it seems at the new price. Looks like it is finally moving. If someone takes a big stake I think it will rocket now.

Looks like overhang is very much on its last legs.

From the half year report...

Production was rising strongly in July...

Weather is probably impacting now, but they have the funding in place and hopefully a flying start next year....

-- Production results in the current period were below budgeted expectations, primarily as a result of some equipment breakdowns and the associated time-lag in receiving the necessary spare parts. As such for Q1 2019 the monthly run rate of ore extraction averaged 13,300t a month compared to 20,000t in the same period in 2018. Following the delivery of the new equipment as noted in the RNS of July 2019 production has increased achieving 29,000t in July 2019.

Is just stupid low though. This could easy double on a day. I have a funny feeling we will see the overhang clear this week and then this will start flying. Look at vast, they have some days where a billion shares are traded/. If and when the herd arrive here it will go bonkers.

Interest is rising now...

hat is particularly nice here is that they seem to be sitting on some colossal resource which they are in no way shape or form properly exploiting. It appears things are coming together the recent Ernst and young cpr’s offer a glimpse of what is possible here. Due to db being a forced seller new entrants are being offered an outstanding opportunity and entry point to a very promising play here.

Stock is clearly drying up finally and once it does this will move very quickly. There were multiple times Friday where there was nothing available. A few lucky entrants on Monday will probably be able to get a few million shares but I think altn is going to get more expensive.

Yes its SETS... Adam - DB are a forced seller as far as we know.. Someone on ADVFN has been tracking their holding and it appears that we are near the end of it... 250k is sill only 5% of the float. There is clearly some overhang but it has been getting whittled down and I think there are signs it is almost done.... L2 bidders are on the increase and the online limits have been dropping consistently.. I expect it will soon be cleared...

Been tracking it, it seems to be drying up TBH... L2 is looking much better. There are only 25m shares traded.. Look at the likes of EUA etc, hundreds of millions... It wont take much to send this into orbit..

Yes assets here are off the scale and the mkt cap in no way reflects them in a serious way.... It is a matter of time till this rockets TBH especially when you look at some of the price action on other gold miners that are much less compelling or dont even have any current production.

One thing is for sure, once this overhang is cleared I think it will very quickly re rate.

Overhang being eaten up.. Maybe 2 million left now..

Someone is soaking up all the sells. Come on ALTN, start moving!

Agree this looks very nice, grabbed a few today.. Also some ALTN as I think that will be hte next significantly undervalued gold miner to rocket.

Once the seller is cleared, you wont be able to buy... L2 is looking nicer and it does look like selling is coming to an end... Lets all hope.

Looks to me like there is about 3 million shares which can be bought for about 0.53p Once these are gone I think the overhang could well be gone and we can start moving up.

Looks like life is coming back.. Could easily bag several times very quickly from here.... The valuation is stupid low.

What was HC's salary out of interest? Should be a nice cost saving there...

With HC gone and the current share price where it is, I really think 200p is not a ridiculous suggestion which makes this a muiti bagger..

With 2m cash in the bank the P/E is crazy low and revenue is strongly growing, the clown has been packed off and this can be treated like a serious company again with limited risk of huge sell offs every time good news is released.

Just a waiting game.. A great level to top up.. These will be over 100p for Christmas IMO.