Kazakhstan

711 days ago

AltynGold – Q1 update, shares up but subsequent detail to spark them further?

Gold miner in Kazakhstan, AltynGold (ALTN) states that it “is pleased to announce its 1Q22 production update” and the shares have moved up to 130p, so what’s the latest?

1185 days ago

AltynGold – “pleased to announce” Q4 production update and we can understand why, shares still cheap

Kazakhstan gold miner AltynGold (ALTN) is “pleased to announce” a fourth quarter 2020 production update – and the shares have currently responded a pleasing circa 30% higher. So what’s behind the re-rate?

1358 days ago

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?…

1448 days ago

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”…

1821 days ago

Altyn – results from a disappointing 2018, but reasons for encouragement…

Gold miner in Kazakhstan, Altyn (ALTN) has announced 2018 results and that “the directors are confident that further significant funding can be obtained in the near future to further increase production”…

1938 days ago

Optibiotix – another day another deal: many more to come (soon!)

The latest deal from Optibiotix (OPTI) is a three year distribution agreement with a company called SilvEXPO Ltd to distribute and commercialise OptiBiotix's own label CholBiome products containing its cholesterol and blood pressure reducing LPLDL strain in Russia and Kazakhstan.

2185 days ago

Altyn – 2017 gold 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”…

2255 days ago

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”…