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Artem Volynets discusses Chaarat Gold's acquisition strategy

Artem Volynets, non-executive director at Chaarat Gold Holdings Ltd (LON:CGH), tells Proactive's Andrew Scott the consolidation play in central Asia and surrounding countries of the former Soviet Union is an interesting way to play the sector.

''It's long overdue'', Volynets says.

''There is plenty of scope to consolidate ... experience shows if you put several assets together there is potentially operational and financial synergies to be had  with better access to capital and diversification of the cash flows from different sites''.

Quick facts: Chaarat Gold Holdings Ltd

Price: 34.4 GBX

AIM:CGH
Market: AIM
Market Cap: £156.78 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...

19 hours, 34 minutes ago

2 min read