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KYS Kryso Res

32.375
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Kryso Resources Investors - KYS

Kryso Resources Investors - KYS

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
more quote information »

Top Investor Posts

Top Posts
Posted at 12/11/2013 17:55 by carlos panda
Disappointing to see us under 34 again on light selling.

The HK listing can't come soon enough for me given that we appear to be dead in the water as far as new UK investors are concerned.


CP
Posted at 28/10/2013 14:24 by charles clore
Ted unfortunately i bought at an averagea of around 9p so foe me only a 4 bagger to date. Im not complaining mind!

Edit - Surprised nobody else received this from Proactive today. Explains the sudden surge in interest. [...]

Kryso Resources appoints sponsor for proposed Hong Kong listing; shares up

By Giles Gwinnett October 28 2013,

8:39am Kryso shares advanced 9.66% to 39.75p in early deals.

Plans for a Hong Kong listing for Tajikistan-focused gold miner Kryso Resources (LON:KYS) have moved a step further.

The miner has appointed GuotaiJunan Capital as its sponsor in relation to the proposed listing on the main board.

GuotaiJunan Capital is the corporate finance arm of GuotaiJunan International Holdings Ltd - one of the largest securities houses in the People's Republic of China.

As reported in July this year, the company established a new holding company after a court sanctioned the scheme ahead of a possible switch of listing to Hong Kong from AIM.


So now we are seeing some really solid interest. Judging by the sudden rise early this morning there would appear to be money placed by China ready for the bell in London Maybe the HK brokers are getting a stock ready for selling at launch or it could be institutional and private investors getting in cheap.
Posted at 24/10/2013 16:52 by charles clore
Zboy I definitely wouldnt be trading this at the moment as it looks to be rising quite strongly and the lead up to the HK listing promises to draw in new investors.
Posted at 21/10/2013 13:45 by ned
Very interested. Was hoping for some early bird investors from China other than those currently involved, but doesn't seem to be happening as yet.
Posted at 30/9/2013 20:56 by carlos panda
A real disappointment. Craig always came across as an honest, hard-working fellow with a great commitment to KYS. I wish him every success in his future ventures.As for the name - new exchange, new name. It makes sense to me and probably also to the HK market.Does today's RNS really change anything? I think not. This has been a Chinese company for quite some time now and it's success or failure will be almost entirely down to Chinese managers and Chinese investors.CP
Posted at 11/9/2013 14:57 by carlos panda
CC

Unfortunately you may be correct with HKD 4. The longer the time between the recent UK corporate action and the HK listing, the more the UK share price weakens. There must be very few UK investors looking to buy KYS (apart from a few existing shareholder top-ups) and I imagine that the great majority of HK investors (like those in the UK) tend to hold only local stocks.

For some reason I was expecting the HK listing to follow pretty soon after the UK changes but clearly this now appears as optimistic as my HKD 6 and later HKD 5 hopes.

Of course in the long run this doesn't matter too much but it is frustrating to see that many stocks on my watch list have increased by 30% to 50% recently (e.g.: ANR, CGH, MML, QFI)!


CP
Posted at 24/8/2013 16:17 by charles clore
So from the video it appears it's game still on in a very positive way. Price is recovering now and the CEO confirms increased market share (68%) in Chinese hands and expects share price to increase with the HK listing. Sadly UK holdings are down to 32%. Also good to hear the resource has been upgraded to M&I and is expected to continue growing. I feel UK investors are going to miss out on this as KYS approaches production in H1 2014.
Posted at 17/7/2013 08:37 by ned
CP

The brainstorming meeting, if it can be described thus, certainly looks encouraging, with a nice orange banner thrown in to show their aim. I think the fact that the UK holdings are probably small now is no bad thing either - the Chinese interests are hopefully a strong partnership with a common goal, and the more interest that they have in the project hopefully translates into commitment. The high profile of the project and the relative "luck" we have had with the share price not collapsing as the shares gradually change hands, certainly gives me some confidence in holding (at a time when a bit of confidence doesn't go amiss).

I was concerned at losing the London listing, but expect they just see the move as being away from an AIM listing with little benefit going forward compared to that offered by HK, and hopefully with a large number of potential investors to boot. Kryso or New Kryso may not explode onto the HK market but at least there is some potential for it to do so if Chinese funds need to have a weighting.

Perhaps a decent rise in the share price will provide a nice cushion for your trip to the HK AGM!
Posted at 01/7/2013 08:31 by carlos panda
legg96

Apologies for my all too hasty appearance - I had intended to arrive around 1pm in order to meet other shareholders but ended up spending 3 hours slogging the 60 miles up the M3 and then had a commitment at 4pm. So much for Sunday traffic!

I find AGM type Q&A sessions tricky for both those asking the questions and those answering them, mainly due to the disparate knowledge levels of the various attendees but also because management obviously have to be rather more guarded in their responses. That said, Craig certainly appeared to do his best to provide straightforward answers where possible. I had rather hoped although not expected that perhaps the chairman, Tao Luo, might have attended.

I also was somewhat surprised at the range of figures mentioned for a possible market cap / share price pursuant to the HK listing ($300m - $500m, i.e. x2 - x3 current). It's not that I see such a level as fundamentally unreasonable, rather that the recent (and continuing) departure of UK shareholders may lower the reference price for HK investors. Still, as Craig indicated, the company received very positive feedback during their HK presentations so perhaps a starting point of HK$ 6+ is achievable with my 2017 target of HKD 15 not too unrealistic.

All in all there was nothing much new that came out of the meeting but the chance to clarify existing issues is always useful. It's also helpful to have an opportunity to get 'bigger picture', albeit more soft focus, feedback (something that often seems to get lost in the detail of RNS announcements) e.g. CNMIM's political and financial connections, regional M&A possibilities, a 250k oz pa company.

In summary:

1. HK Listing. This will happen sooner rather than later this year and should help KYS achieve a more realistic valuation.

2. Funding. KYS will have no problem raising the additional equity / loan funding at good prices / reasonable terms for the enhanced Pakrut mine plan or indeed for M&A.

3. Subscription Bonus Tax. This is expected to be agreed towards the lowest end of the possible range.

4. Resources. The ITR contains much of the 2012 drill results, although not using independent laboratory figures. The full resource update is still awaited but will show increases in measured and indicated (from inferred) as well as data from East Pakrut and Rufigar.

So, despite short term UK investors still heading for the exit, IMO the future still looks very positive.


CP
Posted at 30/5/2013 13:43 by carlos panda
nt68

It does seem strange that they would mention such an important change in strategy (and therefore funding) without providing adequate details or a clear rationale.

I have been accumulating KYS for the past 5 years but have really become thoroughly fed-up with their investor communications. Irregular, tardy and poorly explained information appears to be the norm here.

Where are the 2012 drill results?
Where is the BFS update (DFS)?
Why no news on the delay since the original 18/02 announcement?
Why no explanation of the purpose of the fundraising on HK listing?

Is it so hard to understand the advantages of prompt, intelligent disclosure and ,on the flip side, the damage caused by uncertainty? I think not.

Perhaps it suits the company to have this constant drip, drip transfer from small investors to the larger players?

CP