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Chaarat Gold reports attractive updated economics for its Tulkubash project

Chaarat Gold Holdings Ltd (LON:CGH) CEO Artem Volynets speaks to Proactive London's Andrew Scott after announcing updated feasibility numbers for the Tulkubash project in Kyrgyzstan.

Reserves have been boosted by 39% to 22.2mln tonnes and the NPV improved to $70mln.

Capital expenditure's also been optimised resulting in an overall reduction from $132mln to $110mln.

Quick facts: Chaarat Gold Holdings Ltd

Price: 30.4 GBX

AIM:CGH
Market: AIM
Market Cap: £142.52 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...

3 weeks, 1 day ago

2 min read