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Chaarat Gold chief on latest from DFS in Kyrgyzstan

Chaarat Gold (LON:CGH) CEO, Dekel Golan,  gives  Proactiveinvestors an update on their Kyrgyz Republic Gold mine. The AIM listed exploration and development company has recently commissioned a Chinese company to carry out the final stages of its definitive feasibility study of its gold project in the Tulkubash Zone.

Golan believes that their advice not to build a tunnel early on in the project was a 'good and pragmatic decision' that will deliver a better return on equity by reducing their upfront costs. This strategy will also help move the project into production a year earlier than planned.

Quick facts: Chaarat Gold Holdings Ltd

Price: 35.4 GBX

AIM:CGH
Market: AIM
Market Cap: £165.96 m
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Chaarat Gold strengthens institutional investor base with US$5.8mln raise

Chaarat Gold Holdings Limited’s (LON:CGH) chief executive Artem Volynets caught up with Proactive London's Andrew Scott to discuss this morning's equity raise which was completed at a premium to the current share price. The miner raised US$5.8mln to primarily strengthen its institutional...

1 month ago

2 min read