Kryso is an emerging mineral exploration company that is principally focussed on exploring the gold and other precious metals deposits previously discovered in Central Asia during the Soviet Union era and then, where appropriate, bringing them into production.
Kryso, which has its head office in London, is a public company that was admitted to the AIM in December 2004 in order to continue funding the development of the Pakrut Gold Deposit, further explore the Pakrut Licence Area and to obtain and acquire other gold and base metal deposits in Tajikistan and elsewhere in Central Asia. The Group's executive directors and senior management are based in Dushanbe.

The Company's executive directors have a proven track record of operating in Tajikistan and they believe that Kryso Resources is the first foreign company to obtain a 100% interest in a mining and exploration project in the country.

From 1 April 2004, LLC Pakrut, a wholly owned subsidiary of the Company, was granted a licence and geological lease to explore and exploit the Pakrut Licence Area which comprises the Pakrut gold deposit and the surrounding 6,300 hectare exploration area located in the metalliferous southern Tien-Shan Fold Belt. This belt is reputed to have the second largest known gold resource after the Witwatersrand in South Africa.

The Group intends to conduct a feasibility study to assess whether the Pakrut gold deposit can be developed into a producing mine and also intends to explore the already identified mineral deposits and areas of mineralization in the Pakrut Licence Area.

anyone know why the sudden jump in SP, surely the increased price of gold not affecting this SP is it.?
Alex

KYS has been undervalued for a while now in terms of NPV. Increased market interest, rising value of gold and commodities being generally favoured in terms of risk seem to be collectively helping this share at the moment.

RAB out and hopefully the overhang cleared--tips and evil have given a fair value of 36p on this one.

Its nice to see more posters on this thread now.

KYS are presenting in London on 13th February 2008.

Details and FREE registration click HERE

Kryso Resources PLC
13 February 2008


13 February 2008

Kryso Resources plc

('Kryso' or 'the Company')

AIM: KYS

Highly Positive Pre-Feasibility Study for the Pakrut Gold Project

Highlights:

Operating cash flow before tax of US$345m
Post-tax NPV and IRR of US$115 million and 67% respectively at 10%discount rate
Start-up capital requirement of US$65 million
Average cash cost, including royalty, of US$291/ounce
Average production of over 100,000 oz per annum over life of mine
Minimum mine life of 6 years processing 1.46 Mt of ore per annum
Mineralization still open in three directions

Kryso Resources plc, the mineral exploration and development company with in
excess of one million ounces of JORC Code-compliant gold resources defined by
GeoLogix at its 100 per cent owned Pakrut gold project in Tajikistan, is
delighted to announce the positive conclusion of the Pakrut pre-feasibility
study ('the Study'). The Study has been conducted internally by Kryso's
technical team and used up-to-date information provided by the Company's
various consultants as well as internal data. The Study envisages the
development of a combined open pit and underground mine, a processing facility,
and the associated infrastructure.

The basis for the Study was the November 2007 GeoLogix resource estimate. The
Company anticipates, however, that further gold resources will be outlined at
Pakrut by exploration in 2008 and beyond as mineralization is open to the east
and west along strike, and to the south down dip. This could significantly
increase the net present value and the rate of return of the project in the
future.

However, the Study indicates that the Pakrut project is economically viable on
the basis of the resources presently defined.

Kryso Resources' Managing Director Vassilios Carellas comments:

'The pre-feasibility study for the Pakrut gold project represents an interim
stage of the bankable feasibility study which is currently underway. We
anticipate its completion within the next few months and will naturally look to
procure mine development financing as soon as possible after this.'

SUMMARY OF THE FINDINGS OF THE PRE-FEASIBILITY STUDY

Background

The estimated direct capital cost for bringing the project into production is
US$65M. Based on the interim GeoLogix resource estimate, the mine would have a
minimum life of six years at 1.46Mt per annum. The forecast average cash cost,
including royalty, is US$291/oz, the total pre-tax cash flow is approximately
US$264m, and the estimated pre-tax NPV and IRR are US$157M and 84.08%
respectively at a 10% discount rate.

Resource Model

Based on the results of additional core drilling throughout 2007, the Company
updated the first JORC-Compliant resource estimate produced for Pakrut by
Snowden Mining Industry Consultants ('Snowden') in March 2007, with a second
resource produced by GeoLogix in November 2007. The Company prepared the
electronic database as well as the mineralization interpretations, which were
then reviewed by Snowden and GeoLogix. The JORC-compliant interim resource
estimate (including Measured, Indicated and Inferred resources) produced by
GeoLogix at a 0.5 g/t Au cut-off was 15.05Mt @ 2.18 g/t Au. Drilling will
continue this year to define more resources that will then be included in
another update to the resource in a year or so.

Mining

After considering several options to develop the Pakrut deposit, the Company has
opted for a combined open pit and underground mine. Initially the bulk of the
feed to the plant will be from the open pit with the underground mine providing
the bulk of the production in the latter years

Metallurgy and Processing

The Company proposes to treat the Pakrut ore on site producing a gravity-float
concentrate that will then be passed through the Gekko Intensive Leach Reactor.
Kryso believes that this process will not only considerably reduce the initial
capital outlay, but also will reduce the footprint of the plant required and
result in only a fraction of the ore being exposed to cyanide. While the Company
has based its projected gold recoveries on historical testwork, studies are
currently underway at SGS Lakefield; these results are expected soon. Based on
previous metallurgical testwork programmes, the Company expects recoveries for
gold in excess of 90%.

Tailings Storage Facility (TSF)

The TSF will be constructed from the waste material from the open pit. According
to the designs submitted by the Company's consultant, the waste stripped from
the open pit will provide a TSF sufficient to accommodate any tailings produced
from the proposed production as well as from any additional resources that may
be incorporated into the mine plan.

Environmental Studies

The Company has contracted Prime Resources (Pty) Ltd, an environmental
consultancy based in South Africa, to carry out this study along with a local
environmental consultancy based in Dushanbe (LLC Ziderer).

The study is currently being carried out in accordance with the requirements and
policies of the World Bank and Equator Principles, and the baseline study and
environmental and social impact assessment report will be presented in the
format recommended by the Company's consultants.

Infrastructure and Utilities

Access to Pakrut from the capital city Dushanbe is by a 57km sealed tarmac road
to the village of Ramit followed by a 50km dirt road along the Sardi-Mienna
River valley.

Electrical power to the mine will require a connection to the national grid to
take advantage of the very cheap cost of power in the country.

Process water can be extracted directly from the Pakrut River, which runs all
year round. This is easily achieved by running a water pipeline upstream for
approximately 1km from the planned site of the plant.

Potable water can be obtained from one of the many local springs that flow all
year round; this water is currently being used for cooking, cleaning and
drinking.

Personnel

The overall policy of the Company has been to employ local employees wherever
possible; this policy will continue. The Company, however, does realise that
certain skills are required to build a mine and these skills may not be
available locally. Consequently it has already started to employ key expatriate
personnel that will assist the company in achieving its goal to begin
production.

Development Strategies

The Company has considered three options to develop the Pakrut gold deposit. The
preferred option is the simultaneous development of the open pit and underground
mine. It is estimated that the project start-up will be in the last quarter of
2008 with the first full production year in 2010.

Capital Costs

The direct capital cost for the existing life of the project has been estimated
at US$81 million. US$37 million has been budgeted for the construction of the
plant and starter tailings' storage facility, US$15 million for infrastructure
and utilities, US$ 6 million for surface mining equipment and spares, and US$20
million for underground mining equipment and contractor development. Project
overheads, which include engineering studies, project management and
administration, have been estimated at US$3M.

Operating Costs

An open pit mining cost of $1 per tonne has been assumed. This is over 35% more
than the budgeted operating cost for 2008 for an open pit mine in the north of
the country. This particular mine uses a mix of Western and Russian manufactured
equipment; this is also the Company's intention.

The underground mining cost is based on industry standard estimating techniques
and consideration of costing information available for the proposed longhole
stoping method. This cost varies widely depending on geography and the specific
nature of the mineral deposit. A range of possible operating costs was
determined ranging from $7.00/t to $14.00/t. In the event a conservative $12.00/
t was chosen for the purposes of this study.

The overall processing cost for Pakrut is approximately US$7.78 per tonne of ore
milled. This has been calculated by reference to published data on similar
operations elsewhere in the world, taking into account local costs in
Tajikistan.

The average total operating cost for Pakrut, including royalties, over the
six-year operating life is US$ 20.38/t

Financial Analysis

The following gold price forecasts for the life of the existing resources have
been assumed based on averages of predictions from seven major institutions:


2008 - US$ 868.54
2009 - US$ 876.83
2010 - US$ 920.60
2011 - US$ 1033.50
2012 - US$ 997.50
2013 - US$ 650.00
2014 - US$ 650.00
2015 - US$ 650.00


Total net cash flow after tax for the project is US$200M.

This incorporates a cash cost per ounce of gold, including royalties, with
ranges between US$168/oz and US$365/oz, with an average of US$291/oz over the
life of the project.

As with most projects of this nature, it is sensitive to the gold price, but
significant upside potential exists at the current market price for gold.

Future Work

The BFS will be completed by the end of the second quarter of 2008, subject to
the completion of the various studies carried out by the Company's consultants.
The following, which includes the consultant's studies, have to be completed:


The metallurgical testwork programme at SGS Lakefield, and the
associated plant designs by Gekko
The geotechnical drilling in order to finalise the pit slope angles
The final open pit and underground designs and schedules
The final tailings dam design
The detailed infrastructure design and capital estimates
Detailed price schedules for all the capital equipment in order to be
within 15% accuracy in the estimates
Evaluate in detail the different financing and production options
available to the Company to ensure that the best financial and practical
options are selected

delete

Search Stock Updated 13/03/2008



KYS

Kryso Resources PLC
Daily Commentary


Our system posted a BUY-IF today. The previous SELL recommendation was made on 04.03.2008 (9) days ago, when the stock price was 15.0000. Since then KYS has fallen -3.33% .



A bullish pattern has developed and a BUY-IF alert is issued today. The task is now to confirm the validity of this bullish pattern. We will guide you through this process but the Prima Donna of this game is nobody but you. First you must do your homework. A good starting point may be to keep an eye on after-hours and futures trading to get preliminary hints about the direction of the market. Related news, events, economic data, and the world stock markets should also be closely followed prior to confirmation session.

There are three possible cases of confirmation. You have to follow the next session carefully to check if these cases will hold or not:

The market opens with an upward gap, signaling a bullish sentiment in the first case. Your benchmark will be the opening price. If the prices stay over the benchmark, go long. Any white candlestick with an upward gap is a valid confirmation criterion.

In the second case, the market opens at a level, equal to or below the previous days close. The benchmark is that closing price. If prices during the session stay over the benchmark, go long. Any white candlestick closing above the previous days close is the second confirmation criterion.

If, however, in both cases, the prices during the session start coming below the benchmark, avoid buying. Sell if you feel a definite tendency in prices to close the day below the benchmark.

The third case of confirmation is rarely observed. The market opens with a big downward gap suggesting a very bearish day, and the day ends with a long white candlestick, but still closing below the previous days close. However, such a day satisfies the third confirmation criterion and in this case the closing price of the long white candlestick will be taken as the price of confirmation.

If one of the three confirmation criteria is not fulfilled, or in case of a black candlestick or a doji on the confirmation day, the BUY-IF alert remains valid, however without confirmation and the three confirmation criteria are then sought in the following day. The only exception is the long black candlestick. Any long black candlestick following a BUY-IF alert makes it (the signal) void and invalid.

We do not suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.

25 April 2008

Kryso Resources plc

(`Kryso' or `the Company')

AIM: KYS

Convertible Loan Agreement

Highlights:

- Kryso arranges interim finance through Great Basin Gold Limited of GBP 500,000

- Great Basin Gold Limited has the right to convert the loan into ordinary
shares at 11.5p per share

- Kryso issues Great Basin Gold Limited with warrants to subscribe for
1,086,956 ordinary shares at an exercise price of 15p per share as
consideration for issuing the loan

Kryso Resources plc, the mineral exploration development company operating in
Tajikistan, is pleased to announce that it has borrowed GBP 500,000 from Great
Basin Gold Limited (GBG), a major shareholder in Kryso who currently own 15% of
the issued share capital. Ferdinand Dippenaar, a non-executive director of
Kryso, is also a director of Great Basin Gold Limited. The Convertible Loan
Agreement constitutes a related party transaction, pursuant to Rule 13 of the
AIM Rules for Companies

'The loan is repayable on 31 October 2008. However, GBG Limited have the right
to convert the loan into ordinary shares at a strike price of 11.5p per share
during the period beginning 1 July 2008 and ending on 31 October 2008. The loan
will not bear interest other than in an instance of default, in which case,
default interest at a rate of 12% per annum will apply.

In consideration for the loan, Kryso has granted Great Basin Gold Limited
1,086,956 warrants to subscribe for ordinary shares at an exercise price of 15p
per share for a two year period.

Kryso will utilise the funds for the advancement of the Pakrut gold project,
where a bankable feasibility study is currently underway. Funds will also be
used for the continued resource and exploration drilling at Pakrut and for
commencing the drill programme at the Hukas nickel-copper project, targeting
the geophysical anomaly identified last year.. Some funds will also go towards
general working capital requirements.

The Directors of Kryso, excluding Ferdinand Dippenaar, having consulted with
Ruegg & Co Limited, the Company's Nominated Advisor, consider the terms of the
transaction to be fair and reasonable insofar as its shareholders are
concerned.

Kryso Resources' Managing Director, Vassilios Carellas, comments:

`We are pleased with the continued support we have received from Great Basin
Gold Limited. These funds will assist the Company in achieving the targets set
for this year.

Recent drilling at Pakrut intersected metasomatic mineralization to the South
East of the known mineralized zones, providing further evidence of the
potential for resource expansion at Pakrut.

The Company is looking forward to the commissioning of its Reverse Circulation
Drill Rig at Pakrut and the commencement of the drilling campaign at Hukas'.

April 30, 2008

Krysos Pakrut Project Now Boasts One Million Ounces, But Delays With Metallurgical Testing Continue To Hold It Back


By Alastair Ford



Vassilios Carellas is genuinely contrite that his company, Kryso Resources, is running behind schedule. Kryso is sitting on a JORC resource of one million ounces up at Pakrut in Tajikistan, where its been steadily working for several years. The companys management has long experience on the ground there, and even if the old Soviet era drill rigs are a bit clunky and the working conditions are harsh, its not been as result of its commitment to Tajikistan that things are running behind. Rather, its our old friends at Eskom, the South African power utility, who bear the brunt of the blame.
I said last year wed be finished by July, and Im not going to do it, says Mr Carellas. The reason? Metallurgical work contracted out to SGS Lakefield has been held up because the met labs keep having power cuts. What with all the samples already down in the rainbow nation waiting for testing theres no real chance of getting anybody else to do the work, so Kryso just has to wait it out. More painfully for the company, because met labs - and indeed labs of all sorts - hold the whip hand at the moment as they are backed up with work the world over, theres no kind of compensation coming Krysos way. Work can be delayed, and delayed, and delayed, and in the absence of any penalty clause, theres nothing the company can do about it.

No matter, that as a small mining company moving a resource into development, such delays put a severe strain on working capital, SGS Lakefield has the company over a barrel. To tide things over Kryso has just arranged a 500,000 convertible note with major shareholder Great Basin Gold. But as to getting the bankable feasibility done by July not a chance. And no money will be forthcoming from the banks for debt finance until the bankable study is in place. No wonder Krysos shares have weakened significantly over the past few months. Once the positive sentiment around the surge to US$1,000 gold had evapourated, and the delays became more acute, buyers of Kryso shares became noticeably more thin on the ground. The shares are off around 25 per cent this year.

This is all the more frustrating because old Russian data shows that actually there are unlikely to be any metallurgical issues at all with Pakrut. Historical work shows recoveries of the order of 95 per cent, and with two thirds of SGS Lakefields work complete, theres been no indication that anything new or unexpected has arisen.

Pakrut sits on the southern side of the prolific Tien Shan gold belt in the north of Tajikistan. The million ounces that Krysos drilling delivered last December is largely in the measured category, and although lately much of the drill work has been of a geotechnical nature and not designed to add ounces, the company is reasonably confident that there is more to be had. The companys Canadian investors would very much like Kryso to drill out Pakrut extensively, but Mr Carellas has a keen feel for what his London investors want: production. This was evident at the recent Master Investor Show held in London, where several mining companies had booths, and the ones that were most frequented were the ones that offer either cash flow, or impending cash flow.

Kryso had a stand too, and the picture was no different. So the delays to the bankable study on Pakrut hurt here in London more than they might in Toronto or Vancouver, where the swift delivery of additional ounces might go a long way to soothing troubled waters. But the Canadians arent that strong on central Asia, which is why, at the end of the day, the London listing is essential, and Londons preferences must be considered.

With any luck, the bankable study on Pakrut will be complete by the end of this year, and the company can then go to the banks and start casting around for funding. The plan is for a combined open-pit underground that will cost around US$65 million to get operational. Thats not too big an ask for the banks, and with Great Basins Ferdi Dipenaar behind them, the company ought to be able to deliver the funding without too much trouble. But until the bankable study comes in theres no point asking for the money. And until the met work is done in South Africa, the bankable is on hold.

For the immediate term, that leaves Kryso only able to shout about its Hukas nickel sulphide project. Mr Carellas shows some skepticism as to how London will react to ongoing work there, given the markets skepticism about early stage exploration. But London doesnt really mind early stage exploration, as long as its backed by cash flow. At Hukas, Kryso is aiming to work up one of the worlds few new nickel sulphide deposits. If it can deliver on that objective while it irons out the met work delays on Pakrut, it may find the market very appreciative indeed.

A bad day for KYS now only 9.25 bid.

Minnow miners not doing well at all : KYS, VDM, VML....to mention just some : (.

VML as recoved from its low and as held its price these past 2 weeks

Maybe its investers moving into oil stocks.

AIM: KYS

Positive Drilling Report - Pakrut Gold Project

- Another exceptional intersection attained from Ore Zone 1 - 123.7m @ 6.14 g/t Au

- First hole into a new zone intersects mineralization

Kryso Resources plc, the mineral exploration and development Company with gold
and nickel-copper projects in Tajikistan, is pleased to announce that further
exceptional assay results have been received from diamond core drilling at its
100 per cent owned Pakrut gold project. The assays were carried out by an
internationally accredited laboratory in South Africa.

Highlights of drilling in Ore Zone 1 include an intersection of

123.7m @ 6.14g/t Au (including 86m @ 8.48g/t).

This result, from drilling between 100-200m below the existing adit level,
further supports the interpreted trend of the mineralization, which is still
open at depth and to the east and north. The results from this drill hole
demonstrate that the grade and width of the resource is increasing with depth.
These results announced today will be used to update the existing 1.05Moz
JORC-compliant resource later this year.

In addition, a new zone (Ore Zone 7) to the south-east of Ore Zone 1 has been
identified with the completion of the first drill hole at this location.
Further drilling from surface will test the extent of this new zone over the
coming months.

Kryso has now successfully completed the geotechnical drilling programme
designed to test the proposed open pit and tailings dam. The Company's drill
rigs will now be utilised to test the deeper extensions of the Pakrut
mineralisation and these results will be announced over the coming months.

Kryso Resources' Managing Director, Vassilios Carellas comments:

"This is an outstanding intersection that suggests that the Pakrut ore body now
has a width of approximately 70m at this location. `I am very excited by these
results which demonstrate that the grades and widths of the Pakrut resource are
increasing at depth which bodes well for bulk tonnage mining potential. The
current drilling programme will now test the extent of this mineralization at
depth and to the east. This is an exciting phase for Kryso as we continue to
add significant value to the Pakrut project."

All exploration results have been approved for release by Dr Trevor Davenport
B.Sc, M.Sc, Ph.D, MIMM, C.Eng, Chairman of Kryso Resources plc. Trevor has more
than 35 years experience in the mining industry and has consented to the
inclusion of the material in the form and context in which it appears.

At long last some good news (see RNS and AFX) from my battered portfolio (so much that you could sell it in a fish and chips shop)....makes a change !.

Where is the volume to justify a 7.5% increase in the sp?

THis article explains the increase in SP, click HERE

This will be a future mine.....so many other projects never come to fruition !.

new resource count!

For the news, click HERE

Any views on whether todays rise may be linked to Pakrut financing as indicated in the previous update? Or with parity buy/sells simply a tree shake to stimulate some interest? The next few days could be very interesting...