Keyword results: Altyn

Father Christmas

ShareProphets readers tips for 2020 competition – end November update

Having asked for readers tips for 2020 for the prize of 1/2 litre of Tom Winnifrith’s Greek Hovel olive oil (2020 harvest) HERE, the following is an update on performance at the end of November (to be eligible needed to have selected, on a per username basis, a buy & sell pick from the LSE or AIM casino and the stocks not to have been suspended at the commencement of 2020). How are the standings with just one month to go?…


Altyn – “production update 2Q 2020”, where now for the shares?

Gold miner in Kazakhstan Altyn (ALTN“is pleased to announce 2Q20 production update” and it emphasises “ore mining output up a significant 55% quarter-over-quarter with 143,400 tons of ore mined in 2Q20 (92,324 tons in 1Q20). The positive momentum in production growth is expected to be maintained over the coming quarters”. Why then have the shares responded little changed?…

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Altyn – bond issue fully placed, emphasises confidence which we very much share: BUY

Kazakhstan-focused gold mining company Altyn (ALTN) “is pleased to announce that the bond issue on the Astana International Exchange ( was fully placed… raising the targeted $10m amount”...


Altyn – updates on production & financing progress, up 60% in a month but still a buy?

Previously updating on Kazakhstan-focused gold company Altyn (ALTN) last month with the shares rising above 1p, we noted emphasises “significant production increase”, still a buy. Now from the company a Production and financing update – and the shares currently up to 1.60p on the back of it...

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Altyn – emphasises “significant production increase”, still a buy

Kazakhstan-focused gold company Altyn (ALTN) has updated on Q1 production, emphasising “production up a significant 130% year-over-year” and also that there is presently “minimal” COVID 19 pandemic impact on the operations, with it “closely monitoring the situation while cooperating with relevant authorities”...

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Altyn – mining equipment purchases, gold production increasing…

Kazakhstan-focused gold company Altyn (ALTN) “is pleased to announce that significant progress has been achieved in the acquisition of mining equipment following the recent debt raising by the company”

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Altyn – pleasing Resources & Reserves upgrade, remains a gold recovery buy

Altyn (ALTN) “is pleased to announce the results of the latest Independent Competent Person’s Report for the Sekisovskoye Mine, which includes an important upgrade to its Mineral Resources and Ore Reserves estimates”

Altyn – loan approval follows interims, Sekisovskoye production ramp up ahoy

“Funding update”, following half-year results from gold miner in Kazakhstan Altyn (ALTN)...


Altyn – funding progress, more on the horizon?

Altyn (ALTN) “is pleased to announce that it has now reached an agreement with Kazakh bank, JSC Bank CenterCredit, and as a first step has entered into an unsecured loan agreement for a sum of KZT 350m (approximately USD 950,000)”

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Altyn – 2017 production growth constrained, but transformational financing “very close”

Gold miner in Kazakhstan, Altyn (ALTN) has announced 2017 results including “infrastructure enhancements and progress of the underground decline have been continuing” but that “production was constrained by the closure of the processing plant for maintenance and availability of the necessary equipment”

Altyn – bonds agreement sparks shares, more to come

Altyn (ALTN) “is pleased to announce… an underwriting agreement with JSC Freedom Finance, a subsidiary of Freedom Holding Corp. to raise c. US$15m, through the issue of five-year non-convertible tenge-denominated bonds”, with CEO Aidar Assaubayev emphasising “completion of the bond issuance will allow the company to accelerate the achievement of target production capacity levels, transforming the company into a significant gold producer in Kazakhstan”…

Altyn – 2017 production up, but not as much as hoped. Reasons for 2018 optimism though

Precious metals producer and explorer in Kazakhstan, Altyn (ALTN) has updated on its 2017 production and development and that it “is in the final stages of negotiations to obtain finance from a number of interested parties for the expansion and development of the mine. This will enable the company to move production in the future to the planned output levels of 60,000t increasing to 80,000t per month”

Altyn – some interim results disappointment... but here is why you buy

Tipped by ourselves in April, shares in precious metals miner and explorer in Kazakhstan Altyn (ALTN) initially performed reasonably, but subsequently slipped back – and currently even more so on the back of a half-year results announcement…

Altyn - why should only institutions see the presentation? Here you go

I reckon that shares in gold miner Altyn (ALTN) are cheap as you can see HERE. Last week the company did a two day City roadshow (not raising cash) in which it gave a full presentation to fund managers. But why should the City boys & girls playing with other folks cash be the only ones to see the presentation? In that spirit...

Buy Altyn at a 1.99p offer

Recent years have been ones of transition from open pit towards underground mining for Altyn (ALTN). However, production is now starting to increase again - and the anticipated marked increase from current levels looks far from discounted in the present valuation. As such, the shares are a buy

Altyn Buy at 1.6p - target 5p: VSA Initiates coverage

VSA is house broker to Altyn (ALTN), the former Hambledon Mining, so its assessment cannot be deemed to be impartial. We bring this information as a public service.

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