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Chaarat Gold boss explains why share price is undervalued

The chief executive of Chaarat Gold (LON:CGH), Dekel Golan, says the current share price makes the Kyrgyzstan gold group "ridiculously cheap".

Golan says while the time to production might seem like a long way away (in late 2017/early 2018), the production process is simple and he calls it a "realistic timeframe".

He also talks about the low cash costs that will give the company a healthy margin when it starts producing, even at the current gold price.

Quick facts: Chaarat Gold Holdings Ltd

Price: 38 GBX

AIM:CGH
Market: AIM
Market Cap: £199.33 m
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Chaarat Gold CEO updates on production and discusses large new exploration...

Chaarat Gold Holdings Ltd's (LON:CGH) Artem Volynets tells Proactive London's Andrew Scott they produced 26,960 ounces of gold equivalent from its Kapan mine in Armenia during the first half of 2020 and expects to produce 55,000 ounces of gold for the year. At Tulkubash, he says they're...

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