Kryso Resources Share Discussion Threads

[onedayrodders] 05/6/2013 14:12

Couple of chunky sells today

11:36:52 29p 5,000 £1,450 28p 29.25p Sell
11:36:52 29p 20,000 £5,800 28p 29.25p Sell
11:36:41 29p 9,147 £2,653 29p 29.25p Sell
9:28:11 29.25p 150,000 £43,875 29p 30p Sell
9:17:24 29.25p 200,000 £58,500 29p 30p Sell
8:35:18 29.25p 50,000 £14,625 29p 30.5p Sell
8:35:06 29.15p 30,000 £8,745 29.25p 30.5p Sell

[carlos panda] 04/6/2013 17:14

ODR

Probably. What larks.

I own shares in unlisted companies that communicate considerably better than this lot.

Will the last UK shareholder to exit KYS please switch off the lights.

CP

[onedayrodders] 04/6/2013 10:43

29 and then a 2p bounce ? ... sigghhh

[carlos panda] 31/5/2013 15:30

itcf

As you say, interesting, but Kyrgyzstan is not Tajikistan. KG has been, and continues to be, a much less stable country than TJ. There is considerable political instability, inter-ethnic violence and organised crime activity.

CP

[ifthecapfits] 31/5/2013 15:14

Gold being "Manipulated" again I see. Meanwhile this is of interest.

http://www.bbc.co.uk/news/world-asia-22726891

[rogash] 31/5/2013 11:20

the mm's play some games here.Suppose there must be a seller.Totally fed up waiting for news from this co.

[andrewsr] 31/5/2013 09:50

Yes, at the Investor Show presentation (13th April), Craig said we would get news (resource upgrade and construction/BFS update) in the next couple of months. So, hopefully a lot of news in June, but patience in abundance is needed for any mining/oil company.

[onedayrodders] 31/5/2013 09:20

Are we not long overdue an update on the revised construction target ?
4 months is surely long enough to get a handle on things again

[onedayrodders] 30/5/2013 16:21

Nice to see the resistance to falling below 30p but this trading range has been almost 12 months and a little tedious now.

That said we have been one of a few solid exceptions in the PM mining sector.

[carlos panda] 30/5/2013 15:49

icejelly

"by the Chinese" but supposedly not yet exclusively "for the Chinese"!

nt68

I believe that AS is no longer associated with the company.

Actually I find that the company have responded well to enquiries but my point is that they should have a clear and effective communications plan not just a willingness to respond to individual e-mails.

It is amazing that they are prepared to attend 'investor presentations' and yet seem unwilling (or unable!) to perform simple news distribution.

CP

[novicetrade68] 30/5/2013 15:37

CP, yes, couldn't agree more. Their 'communications dept' has much room for improvement and I still wonder whether we get a follow up announcement regarding the initially mentioned delays. Don't know if Anthony Schindler still works there, he responded to some of my questions in the past.

[icejelly] 30/5/2013 15:25

Kryso are run by the Chinese.

[carlos panda] 30/5/2013 13:43

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

[novicetrade68] 30/5/2013 10:07

CP, I was also quite surprised to read them talking about M&A whilst Pakrut isn't even in production yet.

If any M&A is being done through investments/cap injections from the outside to make Kryso a larger entity then it could be a good development. On the other hand I wouldn't like to see them using their own (early) cash flows to go on a shopping spree, that always seem to end in tears.

[carlos panda] 24/5/2013 16:37

Further to the announcement on 8 May and today's follow-up talk of M&A activity and associated fundraising.

Certainly fundraising at anything like the current share price (even at a 50% premium) would be deeply disappointing which surely means it would be better to wait until production has hit at least, say, 160k oz p.a.

Given the poor acquisition record within the gold mining sector (ridiculous overpayments and subsequent write-downs) there is also good reason to be nervous of M&A plans (although longer term I can certainly see the advantages to all concerned of KYS acting as a vehicle for CNMIM / PRC interests).

IMO KYS need to get Pakrut open on time (when?) and producing efficiently. Only then should they start thinking of fundraising / M&A.

If anyone is able to share more information on these subjects (perhaps gleaned from conversations with management at recent presentations) then this would be extremely interesting.

CP

[novicetrade68] 21/5/2013 13:31

The dips get bought here fairly quickly.

[carlos panda] 21/5/2013 12:18

Fascinating.

Zhao Bin, an investor with what I can only assume is an excellent understanding of the HK market, presumably as well or better informed of progress at KYS than the average UK PI, announces he now holds over 7% of the company (current value over £8m). What happens next? Shareholders start selling.

Is it me...?

CP

[legg96] 20/5/2013 17:25

Dont expect any good news from this company while those close to the company are buying. Even any good news will be down played or delayed.

[rogash] 20/5/2013 16:19

what price did they pay?No wonder this has held up, surprised not higher

[carlos panda] 20/5/2013 15:24

CNMIM, Golden Max, Zhao Bin between them now hold 54.67%, add in Bocom & BoC nominee holdings and that figure rises to 62.07%.

Pretty clearly our Chinese friends believe that "there's gold in them thar hills" (unlike many UK 'investors').

Amusing timing for the holdings announcement given my (somewhat paranoid?) post 12972! (:

CP

[c9ajl] 20/5/2013 15:18

TDW said there is no issue holding it in your main trading accountAs for their SIPP, it will all depend which HK board the listing takes place on. If its the main one it should be ok.

[abacus23] 20/5/2013 14:22

28% increase, Little bit of confidence.

How's everybody else doing with regards the HK listing?

TD waterhouse said they are unsure whether they will hold it, wait and see.

iii definitely wont hold it.

Igindex said there shouldn't be a problem with HK listing.

My SIPP is with iii and not sure what to do. might open another SIPP with td waterhouse and hope.

[novicetrade68] 20/5/2013 14:09

Zhao Bin just increased his holding by quite a bit.

[carlos panda] 20/5/2013 08:33

I see that AUE have just published their Definitive Feasibility Study. Why on earth can't KYS provide us this level of information?

It's beginning to feel as if the main (Chinese) players in KYS are hoping to squeeze-out small UK investors by a process of poorly worded, overly-delayed, information-lite communications.

Kryso Resources - never knowingly oversold.

CP

[zboy169] 19/5/2013 21:16

Come along the Kryso...lets have the resource upgrade and a new BFS etc. already