Replies to post #156 on Queens Road Capital Investment Ltd (BRSGF)

[casual47]

Check out Chaarat Gold. Warren Gilman became director shortly after starting QRC and has bought shares in the company.

Chaarat is looking to complete funding this quarter to bring their Tulkubash asset in Kyrgyzstan in production (95k oz pa, first gold pour in 2021). They sit on more than 10m oz gold across their assets. Their Kyrgyz assets are right in the Tian Shan gold belt and are said to be of district scale akin to a Carlin trend, with only 4km of a 24km strike explored. They recently signed a tax stabilisation agreement with the Kyrgyz government, the first company to do so.

Could QRC participate in the funding via a convertible loan?

Chaarat's CEO is Artem Volynets, formerly of Rusal and EN+.

hTTps://www.chaarat.com/the-board-of-directors/