Shareworld's UK Investment Forum

Investment Forum - Who sold Kryso?

Latest Posts:
Comming IPO:Sports Stars Media (“SSM)
raysor, Feb 04 2012, 20:00
Message to first time visitors
raysor, Feb 04 2012, 09:52

Investment Forum » Stocks and Shares » Who sold Kryso?

The place to discuss Investment questions, share trading stratergies or to post your own investing experiences.

Not a Member? Register Here - (It's free and takes less than a minute!)

Please login in order to post:


Username:
Password:
Forgot Your Password?
Forgot Your Login Details?
Remember me on this computer


Started by raysor Sep 07 2010, 10:41
raysor
Moderator, Team
Posts: 796
Sep 07 2010, 10:41
Sale of 4,294,958,233 Kryso at 15.15p time 11.35.
Slight case of fat finger syndrome, I think!


davids355
Moderator, Power Poster
Posts: 155
Sep 07 2010, 15:02
4.2billion shares ay! A mistake obviously??


raysor
Moderator, Team
Posts: 796
Sep 07 2010, 17:23
Well, there are only 170m shares in issue!


raysor
Moderator, Team
Posts: 796
Oct 07 2010, 13:23
The bankable feasibility study is due to be completed on 12th October and Kryso will announce the results shortly after. I can't see that it will effect the Chinese shareholder's plans anyway but will be eagerly awaited. Kryso, which owns 100% of the Pakrut gold mine in Tajikistan. Pakrut has over 3m ozs.of JORC compliant gold resource. There is also a nickel/copper mine that hasn't been appraised yet. The Chinese have 30% of Kryso and have said they will use their best endeavours to secure 70% of financing for Pakrut.The Kyrgyz republic offers very attractive taxation environment but is considered a risky investment environment (to the Chinese?). One broker has a 40p target (now 17/17.5p)


0 members online.