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Chaarat Gold says feasibility study confirms "very good economics" of Kyrgyz project

Chaarat Gold's (LON:CGH) chief executive officer, Dekel Golan says the final draft of its feasibility study done by Chinese firm NERIN confirms the "very good economics" of its project in the Kyrgyz Republic.
 
Golan says that although he is happy with NERIN's conclusion, he believes the study is somewhat conservative and that costs could be reduced further.
 
According to him Chaarat has "one of the largest under-developed reserves base in the industry".

Quick facts: Chaarat Gold Holdings Ltd

Price: 38 GBX

AIM:CGH
Market: AIM
Market Cap: £199.33 m
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