Member Info for Sharetrader78

But here we have someone keen to dump sub 2 when the production should be increasing ...hope they regret that over the next couple weeks when the SP back to 270-280..

So undervalued

Yes coming soon ..finally some drill results ...if as good as the rock-chips will surge the SP to new highs one would think

GOLD in KZT ...5yrs ago 500k today over 1300k

Plant production increasing

pre-tax cashflow margins of 50%

Not going take long to pay off the debt and move to paying dividends

From pre 24th SEPT GOLD has never been higher in the local KZT currency ...so I'm 100% sure the sell-off is a complete over reaction... fat profits will only increase low AISC that will head lower as tonnage through the plant increases

With the unwinding of the GOLD trade till next year, IMHO ,we could see some bargain buyers across the sector that didn't fire up like the GOLD price did.. one factor which has got to be a plus is the lower Energy prices generally in the past when OIL went higher so did GOLD ...but this time OIL has keeped well under inflation adjusted levels it should be trading at ... which if your a Gold MIner saves Millions in fuel-oil costs

Yes these companies with major controlling interests are rare but I seem to now own a couple ...ALTN and also ECH.ASX which also has single major S/H OG Energy with 70.3% of shares .. they did at one point try to takeover but couldn't get moe than the 70% ...ASX rules you must gain 90.1% to force 100% T/O ... not sure LSE T/O rules

AltynGold Plc

("AltynGold" or the "Company")

Third quarter 2024 production update

Strong operational performance delivering significantly increased revenues with upgraded processing plant set to increase capacity

AltynGold is pleased to announce its Q3 2024 production update.

The Company delivered a robust operational performance in line with the management’s expectations. Revenues were substantially higher, increasing by 39% from the prior 9-month period. The average gold price achieved was above US$2,300oz, the gold price at the date of the report is currently above US$2,700oz.

Production for the period was in line with the current production plan, with ore mined increasing by 4.4% over the prior 9-month period.

The gold grade mined in the 9-month period averaged 2.13g/t with the average grade that has been processed year to date reported at 2.3g/t, reflecting the use of the higher-grade ore from the ore stockpiles.

Details of the key production figures for the quarter and year to date are shown below:

3Q2024

3Q2023

Year to date 2024

Year to date 2023

Ore mined

tons

206,199

186,120

540,300

517,303

Ore milled

tons

167,343

161,527

446,594

441,682

Contained gold

ounces

12,347

10,986

32,936

28,419

Gold poured

ounces

10,490

9,038

27,903

23,478

Average gold grade processed

g/ton

2.30

2.12

2.30

2.00

Revenues

US$m

25.1

17.9

63.7

45.7

As previously reported, the processing plant upgrade has been undergoing extensive testing as it is integrated into the existing infrastructure.

The management is pleased to confirm this is almost complete, with testing and integration going to plan. The increased capacity is expected to come online within the next month.

The Board continues to make good progress in evaluating additional development opportunities to ensure the Company can continue to deliver long-term sustainable growth.

Since October 22, Gold is basically unchanged. The largest mining ETF-GDX is down 9.6% plus has experienced $550MM in outflows. Every company in the GDX is experiencing record operating margins. Wall Street analysts & newsletter writers will tell you to sell miners, because the price of Gold can not continue to rise, but costs will. We point out the cost of mining Gold always rises in Gold bull markets plus the BRICS plus OPEC nations are shunning US Treasuries and buying physical Gold. The analysts who want you to sell your miners, neglect to point out that fact. Not investment advice, do your own due diligence. Past performance does not guarantee future results.

Yes its Santana Gold their project is 20min drive from my home base ... listed on local NZX and also the ASX

Be great to see Altyngold do an updated presentation let the investing world know just how great a Gold project they have with 30yr LOM + fat 25% profit to be returned to S/H in time

Yes much risks for sure been investing in miners for couple of decades at present live about 30mins drive from the best GOLD discovery in 40yrs in my country NZ ... is presently worth USD$200mill needs $150mill+ CAPEX at least 2yrs away from producing a single oz... anti group locally so there is still no mining licence /enviro approvals nil 250+ workers locally or any rentals to rent

Gold making new highs bring on an update and the stop to the SP rot !!!

Yeah wish I waited another day to double my holding paying $2.70 DOH!!!!! GOLD surging overnight I see in $KZT Gold up 40% YTD... any day should get update on plant upgrade + production rates over last Qty

I agree with Dividends will add much more value than yield % in SP growth

Yes, I'm presently holding many miners and explorers hindsight, I should have been loading up here months ago still buying up APM.TSX 80-90c hasn't been too bad this year trading up at $2.18 yesterday ..

As I'm buying from AUS CMC markets I get no market depth ,,,can someone post latest up get idea if there is any sellers sub $3 ???

Trying to double my holding. I think 12000 shares will do me for this year

Yes if they can hit the production number to see 100koz pa and keep the AISC under control then I'm sure the markket will wake up as the market is warming up to Gold producers and we are seeing this very high P/E coming back purely on forward predicted FCFs ... one could see ALTN breaking $100mill FCF 25Fy

Thanks for the shares I'm after more ..this won't be sub $3 for long .. if ALTN was listed on the ASX would already be $5+

Sounds promising.... trying to buy more but the darn sellers keep running away

Does anyone know much about African Resources LTD with their 65.7% S/H understand they are an investment firm. I'm sure I've heard the name before maybe it was in Galiano Gold

Have you guys been paid yet ... I'm holding shares through CMC markets AUssie