Chaarat Gold Share Discussion Threads

[2pablo] 29/1/2020 17:11

Get in ! Maybe there's some leak of good news or perhaps the gold price is seriously helping sentiment towards us as we're a producer now

[oli12] 29/1/2020 16:37

Some funding from the EBRD would be welcomed

[fishhead1] 29/1/2020 16:35

Could this be the breakout we have been waiting for?

[oli12] 29/1/2020 16:20

Let’s hope there is some good positive news flow to come on several fronts to get us over the 40p barrier.

[casual47] 29/1/2020 16:00

39.5p paid!!!

[casual47] 29/1/2020 14:26

38.81p paid

All without Labro

[casual47] 29/1/2020 12:15

Quite rare to see a midday UT here

[casual47] 29/1/2020 09:28

38.68p paid.

[casual47] 29/1/2020 07:56

They've set the expectation:

21/10/2019 07:01 Q3 2019 Production and Operational Update

29/07/2019 11:17 Kapan Resource and Operational Update

[2pablo] 29/1/2020 07:36

Are we committed to putting out those results this month or simply 'expected'? Certainly Dusty and his Measured & Indicated update for Tulkubash should have been December

[oli12] 29/1/2020 07:03

Maybe tomorrow.

[casual47] 28/1/2020 20:47

Operational results tomorrow with conf call on Friday?

[casual47] 28/1/2020 16:50

UT of 26,728 shares @38p

[casual47] 28/1/2020 13:13

Good to see all these trades around 38p. Who needs Labro?

[casual47] 27/1/2020 18:43

End of the month is this Friday.

I would expect them to release the operational results for Kapan any day now.

Not too keen on Friday RNSs, reminds me too much of some previous shares I was invested in where the BOD had a knack of dumping bad news on Fridays, but also any impact of good news tends to be more limited.

[oli12] 27/1/2020 15:41

We are a day closer to news ladies and gentlemen. Looking to break the 40p barrier in the coming weeks on some positive news flow.

[casual47] 27/1/2020 09:06

38p paid on minimal volume

[casual47] 27/1/2020 08:35

It's in Russian but has some nice footage of the earthworks and infrastructure already in place at Tulkubash.



Stabilization Agreement between the Government of the Kyrgyz Republic and Chaarat Zaav CJSC
2 views

Chaarat Zaav
10 subscribers
Published on 27 Jan 2020
How to attract investment in the country? This question is regularly asked at various meetings and round tables. What does an investor look at when he is going to invest his money in the economy? First of all, he assesses stability. Five years ago, with the help of an international business council and a number of experts, it was decided to amend the legislation and develop a so-called stabilization regime. And the first to conclude a stabilization agreement was Chaarat Zaav.

[casual47] 24/1/2020 18:31

A pattern of sorts or coincidence?

2019

04/06/2019 07:00
Tulkubash Feasibility Study Update

31/05/2019 16:31
Fundraise Update: increased capital raise

2018

30/04/2018 07:00
Tulkubash Feasibility Study Results

27/04/2018 11:35
EXERCISE OF OPTIONS AND ISSUE OF EQUITY

[casual47] 24/1/2020 18:13

"I am intrigued as to why we still haven't had an update on the resources/reserves front."

Back when (2017? 2018?) they had a similar occurence: the BFS had been long overdue and only materialised after they did a fundraise.

Could they be holding news back because:

It is really good news but they want to first e.g. complete 2021 loan note replacements (this will be key to allow a sustained rerate in the 40s, imo)

Or-

It is not exactly what they had hoped for (e.g. not sufficient to give a 7 year LOM this side of 2020 drilling season) and they want to make sure to complete a fundraise before they release the news

Or-

Could they be focusing on already delivering an updated BFS rather than just the resource statement?

Or anything else, of course.

[jc2706] 24/1/2020 17:54

Very interesting price movements. Volume is pretty weak today but there is clearly very little selling pressure. May well be set up to challenge 40p again without the Labro buying.

I believe that we will have news next week on Kapan's performance for the quarter. I have no reason to believe that this will be anything but decent given the continued strength in the price of gold and the improvements that have been stated as being made. The last report indicated that they were "On track to achieve run-rate of 65 Koz of gold equivalent ounces per year.... by year end" which would suggest either that Q4 production is likely to be around 16.25k oz equivalent (65k run rate) OR 16.82 (65k for the year) depending on how you interpret the statement. Either would be OK. On the EBITDA front I am hoping to see them achieve the $20m run rate which requires that the contribution is $5m for the quarter.

I am intrigued as to why we still haven't had an update on the resources/reserves front. Whilst delays tend to be bad news I am struggling to see in what way this can be bad as I suspect that there isn't that much expectation in the market. I am anticipating now that we will have one RNS to wrap the whole thing up. Whether this is combined with the Kapan RNS, who knows?

I am interested in the results from the drilling at Karator and Ishakuldy. It looks like this was reduced (presumably to extend the drilling at what are considered to be more important targets) from 3000m to 1000m but it would be good to see how the mineralisation looks at these targets as they could easily be pits 2 and 3.

[casual47] 23/1/2020 15:15

It was a bit strange to be starting the day with an UT. Perhaps we'll see delayed trades later on.

[jc2706] 23/1/2020 14:44

No idea where that volume has come from.

[casual47] 23/1/2020 13:54

....and it's an 'O' trade!