UK 00:22 Wednesday, 30 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
The explicit warning was there on July 2 when the shares were still 1.35p but some folks knew better than old TW. They always do. Today on news of a massive debt for equity swap and an AIM delisting, shares in Chaarat (CGH) are 0.225p and still overvalued.
I am not sure where the Kyrgyz Republic is or where the local airport is. It sounds lie the sort of place you send the mother in law on holiday. But I reckon the Fat Lady should be making enquiries as Chaarat Gold (CGH), a company that has been promising to build a gold mine there since Malcolm Stacey was a lad, looks set for a gig with her soon. It is not just the numbers in today’s statement but the wording.
Chaarat Gold (CGH) has announced a first quarter 2021 “Operational Update” emphasising it is “very happy with the performance of the Kapan team in delivering higher production”.
Chaarat Gold (CGH) has announced its results for the 2020 calendar year and looks forward to 2021 in which it claims "should see Tulkubash fully funded, Kapan in steady state production and Kyzyltash with a clear view on the optimal processing route to create a new feasibility study to international standards”. The shares have responded by rising to 25.5p, but there looks more to come.
Previously updating on Kyrgyz Republic and Armenia gold company Chaarat Gold (CGH), we noted we considered there further upside potential following something of a recovery from recent lows below 22p despite there also $70.5 million of net debt to factor in. This week there comes a fundraise and debt reduction. Good news, no?
Chaarat Gold (CGH) has updated on the third quarter of the year, noting “a strong Q3 operational result and continued progress at our Tulkubash project” despite COVID-19 and “events” in its countries of operation...
Chaarat Gold (CGH) has updated investors with news including “following the recent political disruptions in the Kyrgyz Republic, Chaarat confirms that its projects in the country have not been materially impacted”...
Chaarat Gold (CGH) describes itself as an “AIM-quoted gold mining company with an operating mine in Armenia and assets at various stages of development in the Kyrgyz Republic”. The shares commenced 2020 at 35.2p, with the gold price then below $1,550. The gold price is now above $1,950, but the shares are still available at a 38.9p offer price – with the company most recently updating earlier this month...
