Kryso Resources Share Discussion Threads

[carlos panda] 27/8/2013 14:50

It certainly would be good to see the back of 30p...

I was hoping for 35p to 40p by this point as a springboard for 50p (HKD 6) and upwards on HK listing (which clearly looks over-optimistic now).

Mind you, it does rather depend on the (as yet unknown) listing date.


CP

[carlos panda] 24/8/2013 19:02

CC

I believe that the UK shareholder base is now considerably lower than 32% (perhaps around 20% or even less).

Nothing to do now except sit tight and await the share price rise on HK listing & afterwards as Pakrut comes into production and KYS turns its attention to other opportunities.


CP

[aimfinder] 24/8/2013 16:19

HELP Wanted,

I'm building a new thread to help spot the shares that are likely to re rate
now that Aim market has finally turned from Bear to Bull if you know of any shares that are funded in the short term, that had an historic higher price & have news due soon please could put them on my board this will help raise awareness
of the most likely shares to go up next. the epic is A1 Aiming higher shares Can you provide the information in the following format thank you, the good ones will go on the opening post so at a glance you will be able to look at the next potential share to go up.

MNC: Metminco Ltd
FUNDING: fully funded into 2014
NEWS: looking to fund the mammoth Los Calatos copper project, Peruvain government in full support of project possilbe JV with a larger company or project could be sold as a whole
DATE OF NEWS: Any when
BROKER TARGET: Canaccord; repeats 19p price target

[charles clore] 24/8/2013 16:17

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.

[ned] 24/8/2013 10:33

Cheers OneDayRodders

Good to hear the straightforward explanation for delays and the fact there will probably be compensation payment due (encouraging less chance of delay in future).

[onedayrodders] 24/8/2013 09:07

not currently holding but stumbled across this.
Sorry if you have seen.

[abacus23] 19/8/2013 10:32

Was that 30p today?

Looking good.

[charles clore] 14/8/2013 14:38

There's a lot to be said for buying in cheaply at these prices like Griffin4. I think once this get HK listed the price could take a bit of a leap with Chinese funds more able to access what will undoubtedly be a nice little junior miner.

[eke] 14/8/2013 12:37

G4. Agree.....I've been topping up with 400pound worth every month since they were valued at 12.9pAnd will continue to as I can see these being much higher in ten years when I retire.

[griffin4] 14/8/2013 12:04

i don't mind waiting for 2015 if it means 300% or 400% share price increase from here

[griffin4] 14/8/2013 12:04

i don't mind waiting for 2015 if it means 300% or 400% share price increase from here

[novicetrade68] 14/8/2013 10:55

At least progress continues to be made, but personally think it's more likely the mine will be up and running around spring 2015 - I think the winter normally sets in around Oct/Nov every year.

[onedayrodders] 14/8/2013 10:50

"we remain confident that the project will be in production in 2014."

That's a bit open ended isn't it ? ie could be December 31st

[c9ajl] 14/8/2013 10:47

Kryso Resources Corporation Limited(?Kryso? or the ?Company?)AIM: KYSAWARD OF CONTRACTS FOR FLOTATION CELLS, CRUSHERS AND BALL MILLSKryso 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 its wholly-owned subsidiary Kryso Resources Limited (formerly Kryso Resources Plc) has, having undertaken a competitive tender process, awarded contracts for the supply of ball mills, crushers and flotation cells in relation to the construction of its Pakrut gold project.Ball mills and related services will be supplied by CITIC Heavy Industries Co. Ltd and NFC (Shenyang) Metallurgical Machinery Co. Ltd, crushers and related services by Metso Minerals (Tianjin) International Trade Co. Ltd and flotation cells and related services by BeiKuang Mechanical & Electrical Technology Co. Ltd.Commenting, Craig Brown, Kryso?s Managing Director, said:?The award of these contracts marks further progress as we move towards bringing the Pakrut project into production. Construction work is ongoing and we remain confident that the project will be in production in 2014.?

[abacus23] 13/8/2013 16:25

Carlos Panda, many thanks.

It is good volume.

[abacus23] 13/8/2013 16:08

Sorry to ask a basic question, but where are the volumes now?

Google and iii no longer show volumes since the AIM de-list.

What is the volume today?

I still have the ticker and epic as KYS.

Many thanks in advance.

[mark of the rushes] 13/8/2013 16:02

High volume on these today and a move up. Looks promising.

[sparkey_two] 12/8/2013 20:32

Thanks CP, I couldn't see a date anywhere but good to have it confirmed.

[carlos panda] 12/8/2013 20:26

Sparkey

No, you own x number of KYS shares (currently LSE-listed) which are valid wherever the company chooses to list (or not list). Therefore, although it may take some time, eventually you will own x number of KYS shares HK-listed. No broker should sell your shares without your instruction (but in certain situations they may end up as certificated rather than nominee).

To date no HK listing date has been announced.


CP

[sparkey_two] 12/8/2013 20:05

Guys,

On Carlos' point I have been up to my eyes and not sorted anything yet. Just opened an account with TD Waterhouse tonight as they trade on the HK market but they indicated it can take 6 weeks to transfer shares (in my case from Halifax) seems a hell of a long time!

Don't remember seeing a date yet for the move to HK? Anyone know what happens if I have started the transfer process and the date ends up being before it completes? Presume Halifax would sell them on transfer day at market rate and the transfer would just fail...

Bought them originally at 12p so not the end of the world if I have to sell but I would like to stick with these for the long haul as don't need the money and believe it will pay off in time.

Thanks.

[carlos panda] 12/8/2013 12:18

Surprising volumes here (Friday 880k, today so far 1,310k). Seems strange as I should have thought that anyone wishing to exit pre-HK listing would have done so a couple of months ago when there was far greater apparent liquidity.


CP

[andrewsr] 09/8/2013 08:51

It seems the upgrade was contained in the SRK report, so only news on mine construction expected over the short term.

[c9ajl] 08/8/2013 11:35

Kryso Resources powering up its Pakrut projectBy John Harrington August 08 2013, 10:44am Tajikistan is a secular republic located in Central AsiaKryso Resources (LON:KYS) has decided who will get the job of building the external power supply network for its Pakrut gold project in the Republic of Tajikistan.Shanxi No.3 Electric Power Construction Company has been awarded the contract for the RMB 150.4mln (US$23.9mln) construction project.Kryso will pay for the project by drawing funds from its loan agreement with China Nonferrous Metals International Mining, Kryso's largest shareholder.Construction is expected to take eight months, and preparatory work is scheduled to start in September.Kryso's wholly-owned Pakrut gold project is situated some 120km north-east of Dushanbe, the capital city of Tajikistan.Pakrut has estimated total JORC compliant resources of 4,720,000 ounces of gold, assuming a cut-off grade of 0.5 grams per tonne of gold.Kryso is currently in a construction phase with mining contractors on site developing the underground mine and surface infrastructure. A number of new bridges and roads up to site have already been completed.http://www.proactiveinvestors.co.uk/companies/news/59850/kryso-resources-powering-up-its-pakrut-project-59850.html

[c9ajl] 08/8/2013 10:58

Kryso Resources Corporation Limited(?Kryso? or the ?Company?)AIM: KYSAWARD OF EXTERNAL POWER SUPPLY CONSTRUCTION CONTRACTExternal power supply construction contractKryso 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 its wholly-owned subsidiary Kryso Resources Limited (formerly Kryso Resources Plc) (?KRL?) has awarded Shanxi No.3 Electric Power Construction Company (?Shanxi?) the contract for the construction of the external power supply network for the Pakrut gold project (?the Construction Contract?).The total value of the Construction Contract is RMB 150,444,000 (approximately US$23.88million, based on the fixed exchange rate of 6.3 RMB to the Dollar, for the repayment of the RMB loan pursuant to the loan agreement (the ?Loan Agreement?) entered into on 24 May 2012 with China Nonferrous Metals Int?l Mining Co., Ltd. (?CNMIM?)). The cost of the Construction Contract will be satisfied by a drawdown under the Loan Agreement.Preparatory works are due to commence in September 2013 and the construction period is 8 months. The works to be undertaken by Shanxi under the Construction Contract will include: (1) the retrofit of the 110kV substation at Khamza; (2) the erection of a 110kV power supply line from the Khamza substation to the Pakrut main step-down substation, with a total length of about 73km; and (3) the construction of a 110kV step-down substation at Pakrut.Shanxi were awarded the Construction Contract following a competitive tender process undertaken by Kryso after receiving several tender submissions. They were established in 1978, registered as a State Owned Enterprise in 1986 and have over 3,600 employees. Shanxi have built a significant number of power substations, power plants and power transmission lines in China and worldwide.In line with the terms of an agency agreement entered into on 24 May 2012 between KRL, Limited Liability Pakrut (the Company?s indirect wholly-owned subsidiary) (?LLC Pakrut?) and CNMIM, the Company?s largest shareholder with approximately 38.5 per cent of the issued share capital, CNMIM was appointed as the agent of KRL and LLC Pakrut for the purposes of entering into certain agreements in connection with the development of the Pakrut gold project. Accordingly, following approval by KRL, CNMIM has entered into the Construction Contract as agent for KRL and LLC Pakrut.