Member Info for StoneFold

Will they build one new plant but put it on roller skates so they can wheel it between Seki and TS?

Are they going to cover east Kaz with hundreds of processing plants?

Sorry that is a repeat of my 9:13 post which vanished but seems to have now reappeared.

An analyst guesses what the interest rate for the bond will be.

"... according to our estimates, the profitability of debut the issuer's bonds should be in the range of 10-11%. .."

Also shows graph of recent bond issues with yields ranging from 8.33 to 12.97%

link in russian
https://rusbonds.ru/rb-docs/analytics/A27.09.2021-Otkr.pdf

--

The Moscow Exchange MOEX has registered the issue of non-convertible bonds for AltynGold of BO-01 series. The securities are included in the third level of the quotation list. The registration number of the issue is 4B02-01-00040-L.

link in russian
https://www.moex.com/n36338?utm_source=www.moex.com&utm_term=4b02-01-00040-l

Various russian sites mentioning the upcoming Altyn bond issue.

link in russian
https://rusbonds.ru/rb-docs/analytics/A27.09.2021-Otkr.pdf

"... according to our estimates, the profitability of debut the issuer's bonds should be in the range of 10-11%. .."
Shows graph of recent bond issues with yields ranging from 8.33 to 12.97%

Unconfirmed news on proposed future financing (dependant on demand by investors, up to $ 41,100,000 USD at current exchange rate equal to 3 Billion Rubles. In 5 year bonds to be sold in Moscow in October 2021.)

"...MOSCOW, September 24 - RIA Novosti / Prime. AltynGold with assets in Kazakhstan plans to place its debut bond issue worth 3 billion rubles on the Moscow Exchange in October, a source in financial circles told RIA Novosti.

The issuer is AltynGold Finance. The company intends to place bonds for up to five years. The amount of the issue will be determined based on the results of marketing and bookbuilding. The organizers are Raiffeisenbank and Renaissance Capital.

Among the purposes of attracting funds - financing of the investment program for the development of deposits and gold mining. ..."

Link in russian
https://gold.1prime.ru/news/20210924/426181.html

ARA (Oman) signed a contract with AGS (Oman) after AGS bought better seismic equipment from Stryde (UAE,USA).

"...Cutting the size of the equipment means acquisition can come cheaper, with fewer people to move and fewer vehicles to deploy.

“It makes high definition seismic affordable to any industry. We’re as good as anything else from the competition but at a quarter of the price,” Popham continued. The company provides its nodes to seismic companies.

Stryde has said that a single operator can carry 60-90 nodes. They can record for at least 28 days and in water depths of up to 10 metres. .."
"..Stryde signed a deal with Africa Geophysical Services earlier in August, for the supply of 154,000 of nodes..."

https://www.energyvoice.com/oilandgas/345709/stryde-nodes-seismic/

https://www.strydefurther.com/

Recommend this post only if you wish to vote for the view that "Polls are bad" that you distrust the results as people lie.

Recommend this post only if you wish to vote for the view that "Polls are good" that you trust the results as valid and truthful.

Polls on twitter or elsewhere are close to useless. Anyone passing by can vote and give a wrong inpression.

bald_eagle,
The email address (with two gaps removed)
info @ altyn.uk
still works.
They will respond to an answerable question, but it can take a long time before you get a reply.

I have not asked them this, but my interpretation is that they aim to increase the processing plant at Seki to 1mt.
Then build a new 1mt plant at Seki.
Later to build new 1mt plant at TS.

IGAS now up 80% following profit taking, geothermal can be investor friendly. Before pleasing the market with real news, first companies bore the market with pie in the sky hints that they are studying the possibility.

IGAS up 60% on news of their geothermal district heating project.

https://www.londonstockexchange.com/news-article/IGAS/mou-with-sse-heat-networks-limited/15140400

Which wells are suitable for heat exchange will be determined by a study of the local circumstances, both the subsurface capability and the surface demand.
Horse Hill has a very large fractured reservoir filled with fluids capable of exchanging heat.
Within 2 miles there is the town of Horley and Gatwick Airport, nearby there are plenty of fields that could bear polytunnels.

"..Ground temperatures increase with depth—around 2.7°C per 100 metre depths in the UK. .."

"..Extracting heat requires the drilling of deep boreholes of 1 km to 3 km for use in heating, and of up to 5 km for electricity generation. Deep geothermal plants can provide heat directly to high-temperature district heating networks without the need for a heat pump. Individual plants can provide heat for thousands to tens of thousands of households. .."

Quotes from yesterdays debate.

https://hansard.parliament.uk/commons/2021-09-15/debates/B8BE6909-6010-4331-A03B-A9FE856712A6/GeothermalEnergy

Igas is going to try converting an existing well in Lincoln using a closed loop downhole heat exchanger.
This will be to explore the potential for geothermal energy production for direct heat for agriculture, residential heating and cooling, and the development of hybrid energy systems generating both heat and power.
Companies with existing wells like UKOG will be watching with interest.

https://www.londonstockexchange.com/news-article/IGAS/agreement-signed-with-ceraphi-energy/15136963

144.5 145.0 spread now 0.5p

Another operator in Tanzania, Dodsal started their 3D seismic acquisition on 21-07-2021.
RUVU block onshore gas targets.

https://www.youtube.com/watch?v=iy8SRNf5KuU

PanAfrican Energy have selected the drilling rig for their work, it might be still available when APT get round to thinking about drilling.

https://www.exalodrilling.com/news/s/contract-with-panafrican-energy-tanzania-limited-tanzania-songo-songo-island

It would be for the directors of AEX SCIR APT to write, but only if they considered that other methods of making progress had failled. Not for shareholders to write. But shareholders could email the link to AEX SCIR and ask is anything happening.

Ending the Non-Virtuous circle:

http://www.tic.go.tz/firstNews/263
Mwambe - Wants Investors Who Have Faced Challenges To See Him .

"...The Minister of Investment, Hon. Geoffrey Mwambe has given 14 days to investors in the country whose investment activities have been suspended in any way due to the decisions of government institutions to write letters and send them to the ministry, as he promised to work on them instantly. ..."