Kryso Resources Share Discussion Threads

[carlos panda] 15/5/2013 14:19

Surely time for a drilling report... Previous years dates: 02/04/12, 22/03/11, 20/04/10.

And now almost three months since the poorly drafted (and never formally clarified) 18/02/13 release.

An updated BFS?

I can only assume that we are saving a fortune on investor relations / PR / Microsoft Word licences...

YAWN

CP

[onedayrodders] 12/5/2013 09:30

Got my TDW email about a proxy vote re recent news ... Is it mandatory to vote ?

[rogash] 10/5/2013 09:32

At the UK Investor show in April I think the Kryso chap said the drill results would be out about in 2 weeks i.e. early May.Am I right?

[carlos panda] 09/5/2013 18:50

chip

Good to hear from you again on this thread.

Certainly KYS has been one of the very few small gold miners to escape the damage of both the last couple of years and the more recent shenanigans. I suspect that there are several reasons: PRC / HK involvement, tightly held stock, permits and funding in place, potential for resource increase and (best of all) a low 'trader' profile reflected in a rather civilised thread!

To counter these advantages one could perhaps argue that the grades are not particularly exciting, costs will doubtless have been rising since the BFS, investor relations has been (IMO) somewhat patchy and an 'impossible to refuse' buy-out looks unlikely due to the very same CNMIM involvement.

However, all in all, management are continuing to do a good job and the next few years could see 'solid' share price increases (4x by 2017?).

Here's hoping that you have made it to Borneo and are missing the current vile weather.

CP

[rimmy2000] 09/5/2013 12:47

transfer to another provider (that supports HK list) or sell.

I sold today as I was in profit, better to take a bit of profit was my reasoning.

[smarm] 09/5/2013 12:01

Let's just wait for Craig to clarify. I know he's on the case for us.

S

[smarm] 09/5/2013 11:59

eke - did it occur to you to check their website!



No Hong Kong.

S

[eke] 09/5/2013 11:55

Anyone familiar with the Halifax and their policies regarding this ?

[smarm] 09/5/2013 11:43

rimmy - do you mean transfer to another sipp provider, or transfer the stock to another provider....is that allowed?

S

[rimmy2000] 09/5/2013 08:24

just got a call back from selftrade. they dont support HK list so option is transfer or sell.

[andrewsr] 09/5/2013 07:45

OK, I stand corrected, but it's surprising to me if the major brokers (HL, TDW etc) don't allow it.

[smarm] 08/5/2013 22:33

Andrew - that really isn't so. Many brokers don't offer an international service and stock can't be transferred from a sipp. I've been here before with that concrete company that did same.

CCVU are most recent to delist on AIM and somehow or other holders were just fine as the depository list was held by a single broker and people could sell their holdings as and when. I am waiting for Craig to get back to me on this.

S

[andrewsr] 08/5/2013 21:35

I don't think there's much of a problem with a HK listing and AIM delisting for most people. It's fine in most SIPP's and they could now be placed in an ISA, or at least most ISA's.

There has already been a transfer of shares from UK shareholders to Chinese/HK shareholders and that will just continue. De-listing from AIM probably just means there won't be many new UK shareholders.

[uncle john] 08/5/2013 21:11

My second thoughts are negative now that I know that de-listing from AiM this year is the plan. This is not good for the shareholders that have supported the company over the years.

The volume traded today appears to have been large, and it has been possible to sell large blocks without question or discount.
So who has been buying at these prices? They must think it to be good value.....

[c9ajl] 08/5/2013 14:29

TDW have told me that there is no issue with a HK listing. They will take care of everything as and when the time comes. The slight downside is paying commission on HK$ back to £'s. Less than £25k = 2%, over £100k = 0.5%The only issue for me will be the shares I hold in a SIPP. I am told that this will all depend on which index the shares are listed on in HK. If its the main board then there shouldn't be an issue. Until this detail is published those holding shares in a SIPP will not know if they will have to sell out?It's definitely worth speaking to your broker in advance to see where you stand. It will stop you being a forced seller on the transfer day.This will hopefully be a very positive move for KYS.

[mark of the rushes] 08/5/2013 14:15

One more feature that gets a tick in the like box....if the quote is to be in HK$s that has to be superior to our own shabby sterling.

[novicetrade68] 08/5/2013 13:53

Probably easiest to sell up and buy back in HK from a different account.

[smarm] 08/5/2013 13:48

I am waiting for Craig to get back to me.

S

[smarm] 08/5/2013 13:46

Carlos - I can't do any of the above.

Can't move SIPP for two years (and wouldn't for just one stock).

Can't buy in ISA as ISA with Selftrade.

S