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Chaarat Gold boss explains why share price is undervalued

The chief executive of Chaarat Gold (LON:CGH), Dekel Golan, says the current share price makes the Kyrgyzstan gold group "ridiculously cheap".

Golan says while the time to production might seem like a long way away (in late 2017/early 2018), the production process is simple and he calls it a "realistic timeframe".

He also talks about the low cash costs that will give the company a healthy margin when it starts producing, even at the current gold price.

Quick facts: Chaarat Gold Holdings Ltd

Price: 37.6 GBX

AIM:CGH
Market: AIM
Market Cap: £165.96 m
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Investors turning to gold following US withdrawal from Iran Nuclear Deal

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on 05/11/2018

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