China Nonferrous Gold (#CNG) – AIM cancellation following prior suspension
- 2024-05-28 06:57:21
UK 18:32 Wednesday, 30 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
I noted before (HERE) that NED of AIM-listed China Nonferrous Gold (CNG), Mr Abuali Ismatov, had been dumping his shares in the company all year. The sales had seen a pause until mid-November but seems to have resumed in the wake of the announcement of the commissioning of company’s processing plant at its Pakrut gold project in Tajikistan. Total sales this year by Mr Ismatov by 20 Nov had amounted to around three quarters of a Bernie. But the sales have continued apace.
Two RNSs in two days from AIM-listed China Nonferrous Gold (CNG) reveal that Non-Exec Director Abuali Ismatov has been selling down his holding in the company. With the company having announced the successful commissioning of its processing plant at the Pakrut gold project in Tajikistan, along with the commencement of trial production back on October 1 2015 this hardly represents a massive vote of confidence.
China Nonferrous Gold (CNG) used to be known as Kryso Resources and was among the most interesting of the companies presenting at the UK Investor Show 2015 - the video is below. It is not a current tip for Steve Moore and myself but we track it. It is "on the radar"
