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.

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...

KYS is another EK/TW punt be careful unless you are knowledgeable about Tajikistan.

Bought back into these again this morning, the trend is upward. As long as they can get the funding they should reach Simon Cawkwell's value of 30 to 40 pence.

http://www.minesite.com/nc/minews/singlenews/article/krysos-feasibility-study-on-the-two-million-ounce-pakrut-property-is-nearly-finished-next-stop-fin/1.html

Perking up at long last....3 million ounces at least in the ground...perhaps even as much as 4.....and a market cap of only 15 million pounds.....

rf careful this is another EK favourite.

I've sat through the bad years with this one....and coming good at long last...

gold reserves of close to 180p or about 1300% of current price. Might have a nibble tomorrow as these are on a chart breakout if they can put on another 2.5p

Bit of a price breakout yesterday, 14p offer price this morning.

noticed that roly ,,,still in ...lupus flew on results. Spent 3 months on 67/69 bid offer irrespective of trades . Now 80p . Have e-mailed you twice ....are u receiving on yahoo ...or dont u recognise my real name ?

Yes Jamie, if its still J.D.B.

Am on AOL.com , my wife as taken over my Yahoo messenger account , have to sort it out.

got loads of photos to show you.

ooooooooo ...cant wait .........you know me and the ladies .......obviously not the darker variety after car episode :-)

(`Kryso' or `the Company')

Issue of Equity

The Company confirms today that is has received notice as follows:

Natasa Mining Limited has acquired the warrants over 10,723,389 ordinary shares
in the Company, previously held by Great Basin Gold Limited. Natasa Mining
Limited has now served notice on the Company to exercise those warrants.

Accordingly, Kryso has today issued 10,723,389 Ordinary shares (the "Admission
Shares") to Natasa Mining Limited, at a price of 8p each. Natasa Mining Limited
now holds 34,848,113 Ordinary Shares in the Company representing 21.67% of the
total issued share capital of the Company.

Application has been made to admit the Admission Shares to trading on AIM. It
is anticipated that dealings in the Admission Shares will commence on 25 June
2010.

Following the issue of the Admission Shares, the totally number of Ordinary
Shares in issue is 171,509,086 Ordinary Shares.

For further information please visit the Company's website (www.kryso.com)

Kryso Resources plc

("Kryso" or the "Company")

Exclusivity Period

Kryso Resources plc advises that it has entered into an exclusivity agreement
(the "Agreement") with a major mainland Chinese mining company (the "Potential
Investor") to allow exclusive discussions to take place with regard to a
potential investment in the Company.

The Agreement provides for an exclusivity period until 11:59p.m. BST on Friday,
25 June 2010, during which time Kryso cannot carry on or solicit discussions
with any other party in relation to any investment in the Company's shares or
the disposal of any of the Company's assets.

There can be no guarantee that the Potential Investor will make any investment
in the Company, and a further announcement will be made in due course.

For further information please contact:

Dr. Trevor Davenport/Craig Brown, Kryso Resources plc
Tel: +44 (0) 20 7371 0600

Katy Mitchell, WH Ireland Ltd
Tel: +44 (0) 161 832 2174

From UK-Analyst.com: Tuesday 22nd June 2010



Shares in mineral exploration company, Kryso Resources* (KYS) jumped 1.25p to 15.25p following its entry into an exclusivity agreement with an unnamed Chinese mining company. This agreement allows exclusive discussions to take place with regard to a potential investment in the company. Kryso added that there can be no guarantee that the potential investor will make an investment in the company.

Nice start this morning , 15 bid 15.50 offer ....... now 15.25. Lot's of interest in these now.

http://moneyam.uk-wire.com/cgi-bin/articles/20100628070000P1BF3.html

More good news ......... moving up again

And not so good ?

http://moneyam.uk-wire.com/cgi-bin/articles/20100629070505P1602.html

July 07, 2010

Kryso Resources Must Know That Its Days As An Independent Company Are Drawing To A Close
By Charles Wyatt



There is something going on at Kryso Resources, no doubt about that, but it is not so easy to pin down exactly what it is. Early in June the share price rocketed from 5p to 16p and it has since steadied at around the 14p mark. During that time the company has admitted that its bankable feasibility study on the Pakrut project in Tajikistan is running a few weeks late, but no one seems to have taken much notice. The annual results at the beginning of June would not have raised shareholders blood pressure, as they merely contained a resume of progress at Pakrut in terms of exploration, resource estimates and the study. At the time, the point was made that Pakrut is now viewed as a combined open pit/ underground mining operation, as the economics look better, but that was not exactly hot news. The company also reported that activities at its Hukas nickel-copper-cobalt-PGM project were on hold while strategic alternatives were considered, but that was not news either.
What should never be overlooked in such circumstances is the impact of changes at the top. Gennady Tolmachev has resigned as a director, as Vertex Mining, which he represented, no longer had a notifiable holding in Kryso. Steve Poulton of Altus Resource Capital took his place. Altus is now one of Krysos biggest shareholders, and Steve has a good nose for searching out an undervalued situation. Back in 2002 Steve co-founded Ariana Resources, a gold explorer in Turkey and was chief executive from 2004 to 2007. In 2004 he founded African Aura Resources which listed in Canada in 2008 and subsequently merged with Mano River to create African Aura Mining. Also rolling out of the same stable, Stellar Diamonds was a successful spin-off, and Steve is also a director of Stellar. A busy man, but one who knows that he will be judged by the performance of Altus Resource Capital, the closed ended fund incorporated in Guernsey for which he raised 26 million in the difficult days in the middle of 2009.

Last September Altus invested 500,000 in Kryso through a placement at 5p per share. This got it 10 million shares and 20 million warrants exercisable at 8p, warrants which are well in the money. Good timing, but it still doesnt answer the question as to what has sent the shares into orbit. Tajikistan, lets face it, is not exactly top of anyones wish list as a country in which to operate. It is a landlocked country dominated by mountains and bordered by Afghanistan, Uzbekistan, Kyrgyzstan, and China. On the positive side it contains a biggish slice of the Tien Shan gold belt which hosts a number of big gold deposits, in Tajikistan and in neighbouring countries. Krysos Pakrut project is about 112 kilometres north of the Tajik capital city of Dushanbe. The government is said to be friendly towards mining.

The scene is now set and it is time to look at the events that took place in June when the shares took off. First of all Great Basin Gold sold its big block of shares and Great Basin chief Ferdi Dippenaar came off the board. Great Basins shares were snapped up by an ASX and Aim listed company called Natasa Mining, and two of its directors, Chris Kyriakou, of Toledo Mining renown, and Jonathan Reynolds wanted to become directors. Unfortunately they seem to have applied after the time limit for the proposal of AGM resolutions had expired, so nothing has come of it, yet.

However, Steve Poulton failed to get the votes necessary to be re-elected to the board at this same AGM, and this was no accident. Someone with a hefty block of shares Natasa has 15.1 per cent did not want him there. Steves lips remained firmly sealed when he was contacted by Minews, but he did say that he still had confidence in the company. Some warrants were exercised a couple of days ago, so perhaps Altus is jacking up its own voting power.

Just before all these shenanigans took place, what was described as a major mainland Chinese mining company was given an exclusivity period to do some due diligence prior to making an investment in Kryso. Time ran out and nothing came of it, but the shares did not react to the news at all, which in itself is rather unusual. Clearly no one thought that the departure of the Chinese amounted to a criticism of Pakrut, which looks to be an excellent project. In recent weeks a hefty uplift has been announced to the JORC resource estimate there. This now stands at just over three million ounces. That total is derived from 46.38 million tonnes grading 2.03 grammes per tonne gold, with silver credits thrown in, just over half of which has been booked in the measured and indicated categories. This data will be included in the bankable feasibility study, and a further increase is expected once the results from drilling this year are collated. Whats more, there are three additional mineralized systems within five kilometres of the main Pakrut gold deposit. These are the Eastern Pakrut gold deposit, the Sulfidnoye gold and silver prospect, and the Rufigar prospect.

An internal pre-feasibility study carried out around a considerably smaller resource base came up with some pretty favourable results. The start-up capital requirement for a combined open pit and underground operation was calculated at US$65 million. The proposed operation assumed throughput of 1.46 million tonnes per year producing 100,000 ounces as an annual average, over a minimum of six years. The average cost of production was predicted at US$291 per ounce, and overall the project offered an internal rate of return on a 10 per cent discount of 67 per cent, and showed a net present value of US$115 million. Tasty figures, especially when it is clear that they will be left well behind in the current bankable study thats being carried out by Beijing General Research Institute of Mining and Metallurgy.

As the company still has no managing director it is a slightly vulnerable position if Natasa makes a move. It proved impossible to get hold of Craig Brown who is now acting managing director and finance director, and Trevor Davenport, the chairman, as both were flying to Tajikistan. They are probably not in a position to make any comment, and will know that Chris Kyriakou is a tough egg and would not take such a stake unless he had plans for Kryso. Natasa Mining is recognised as his vehicle and it has already acquired an 85 per cent interest in Vostock Mining which has the rights to two gold exploration properties in central-eastern Kazakhstan. Not that far from Pakrut, one might surmise, so another reason why Chris Kyriakou might want control of Kryso falls into place. The betting now has to be that there will not be a long wait before he makes his next move. Maybe he can pick up the Altus block. After all, shares are for buying and selling, not for falling in love with.

16/7/2010 Natasa Mining.

Kryso Resources plc

As announced to the AIM market in June 2010, the Company has acquired a 20% equity interest in Kryso Resources plc, an AIM listed company with ownership of the Pakrut gold deposit in Tajikistan.



Discussions have been held, and are continuing, with the Board of Kryso re Natasa's investment in that company