Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously updating on Kyrgyz Republic and Armenia gold company Chaarat Gold (CGH), we noted we considered there further upside potential following something of a recovery from recent lows below 22p despite there also $70.5 million of net debt to factor in. This week there comes a fundraise and debt reduction. Good news, no?
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