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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Kryso Res | KYS | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 32.375 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 32.375 | 32.375 |
| Top Posts |
|---|
Posted at 29/10/2013 13:48 by c9ajl Kryso Resources Corporation Limited(?Kryso? or the ?Company?)AIM: KYSRESULT OF GENERAL MEETING AND CHANGE OF NAMEKryso Resources Corporation Limited (AIM: KYS), the mineral exploration and development company currently developing the Pakrut gold project in the Republic of Tajikistan, is pleased to announce that, effective today, and following the general meeting of shareholders of the Company held earlier today where the proposed resolutions were duly passed, Kryso Resources Corporation Limited has been renamed China Nonferrous Gold Limited?????????? (?CNG?).It is expected that the Company?s TIDM code will change from ?KYS? to ?CNG? with effect from 1 November 2013 and its ISIN and SEDOL numbers, being KYG532181065 and B99JTK3, will remain unchanged.The Company?s AIM Rule 26 website can now be found at www.cnfgold.com.Proj |
Posted at 25/10/2013 11:34 by dataline KYS hits an all time high stay with it. |
Posted at 24/10/2013 17:03 by abacus23 This is my estimate on another trading site. IG still not allowing a chart save, anyway, a screen shot of KYS. dl.dropboxuserconten After recently selling, I was looking to re-enter at the 38.2% fib and downtrend line (not tested yet). Around 32.3. Any views on KYS please. :) Looking to place a few trades again. Been a bit busy recently, got a dog! :cheer: |
Posted at 22/10/2013 16:27 by novicetrade68 Can't remember last time KYS went up 15%+ on the day |
Posted at 22/10/2013 13:59 by charles clore I really like the KYS projected low production costs. Whereas I can see the higher cost miners struggling to stay afloat if the pog remains below $1400, this one is a real winner with costs less than half the current pog so a nice profit margin once production is in full swing.p.s.gold spot just spiked. Looking for some action in goldies now. |
Posted at 21/10/2013 16:54 by charles clore abacus I suspect the Chinese have an idea as to the HK listing price. Indications are that it will be higher than the current UK price.I decided to diversify my SIPP holding (previously 90% KYS) and spread the risk with Griffin, another miner with some Chinese influence. I have not been disappointed so far. |
Posted at 10/6/2013 17:44 by carlos panda Is it surprising that KYS wish to move to HK? Good progress reported, every prospect of an excellent return over the next couple of years and no interest whatsoever in the UK!KYS clearly isn't dangerous enough for the average AIM punter (addicted as they are to making large losses)... Is anyone able to provide details of current short positions in KYS? It would be intriguing to see whether the recent share price weakness is due to shorts taken out since the 20/05/13 Zhao Bin holdings announcement. Any such shorts look pretty risky to me as a holdings announcement doesn't mean that he has finished accumulating stock. I think it safe to say that our Chinese co-investors are probably in a much better position to assess the value of KYS as an HK listed company than us LSE-centric folk. (; CP |
Posted at 10/6/2013 09:54 by carlos panda nedWell spotted - an interesting coincidence indeed. I guess that there are several routes available should KYS wish to raise funds. The HK listing will be an opportunity to place some shares to cover the enhanced mine plan (HKD 5.50?). Given the valuations attached to the resources sector at the moment I can almost imagine a very low cost or self-funding acquisition (with subsequent initial development arranged among existing KYS investors and perhaps later from Pakrut cash flow). It may appear fanciful right now, pre-production, but IMO the key players at KYS see the company as a much larger (500k + oz pa) gold / precious metals producer and they seem to have the connections to make it happen. The world economic centre of gravity has shifted to the Far East and fortunately for us KYS has moved with it. CP |
Posted at 21/4/2013 14:26 by carlos panda augustusgloopI'm not sure I understand your question. Are you agreeing that AIM is a graveyard of (not only!) gold mining companies (also TSXV)? Perhaps the point is "How many gold miners (producers) on AIM are profitable?"... to which the answer is VERY FEW (AR., MIRL, PAF, AMA, OMI, GDP, AAZ, STI, OVG, PGL etc n.b. listed from memory not current knowledge so may be incorrect). Once a company starts to produce gold it understandably wants to escape AIM ASAP, either to a main listing , an overseas listing or both. Without trying to ramp KYS, my points are simply that: 1. KYS should move its tax domicile to a lower (than UK, not greater than 15%) rate country (I suppose this might conceivably be to HK given the CNMIM connection) thereby immediately increasing post tax profit by some 13%; 2. There are far fewer gold miners listed in HK which will lead to a higher profile for the company; 3. The Chinese have a traditional interest in gold as an 'asset class' so may view a locally listed KYS with a less jaded eye than UK / Canadian / Australian investors. IMO it would make more sense for KYS to be listed in HK, either in addition to AIM or possibly even instead of AIM. Extract from my post 12868: "Re: a secondary(?) HK listing, for those interested in such matters, when I last looked (February 2013) there were only 6 active, producing HK listed gold miners (2099, 1051, 3330, 0246, 1818 & 2899.HK) with P/Es 16.22, n/a, 6, 7.85, 14.83 & 8.5. Whilst one certainly might question the value of extrapolation from such a small set of figures (average P/E 10.68), it is clear that KYS could have a far higher profile as a gold miner in HK than would be the case in the UK." Extract from my post 12825: "I am still forecasting eps of 16p for 2018 onwards (at USD/GBP 1.60). With a secondary listing on a stronger, more relevant exchange I can see a P/E of 7 - 9 as quite achievable. Ergo an share price of 112p - 144p." CP |
Posted at 18/2/2013 17:49 by c9ajl Delayed start-up has negligible impact on target priceKYS announced today that it would not meet its previous target of completion of construction at Pakrut by Mar'14. In our view, the market reaction has been excessive, with an assumed delay in start-up having only a mild impact on our valuation and target price. KYS aims to advise of a new target date in due course. Meanwhile it has ample cash and available debt facilities to continue with development of the project. Maintain Buy. ¢ KYS announced today that it had experienced delays in construction activities at Pakrut, with the result that underground construction is unlikely to be completed by Mar'14 as KYS had previously guided. We had only assumed production from the 2H'14.¢ The delayed start relates to logistical issues that the Chinese underground contractor (15th MCC) has experienced in terms of delivering all of its equipment on site. Without this equipment, it has not been able to make satisfactory inroads into development of the underground decline. KYS has meanwhile seen good progress from other components of the project's development, including the road to site and the on-site accommodation camp.¢ While KYS aims to advise of a new target date in due course, we have taken the precaution of delaying our assumptions even further and have assumed start of production from the end of 2014, with first impact on the P&L from FY15E.¢ Our target price is made up of an equal blend of sector relative valuations and NPV. While the assumed delay has had a 6% impact on the NPV component of our TP, this has been offset by an appreciation in the peer group multiples. The full research note can be found here:http://investec |
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