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Tengri Resources Ord 5p (di)

18:15 on 08/12/2016

Current Price 1.07p | Bid 0.00p | Ask 0.00p | Change 0.00%

Company Overview

Tengri Resources (formerly Mentum Inc, formerly Commoditrade Inc) is a Central Asian focused mineral developer and explorer, with a focus on the advanced stage Andash Mining Project and the large scale Taldybulak deposit in the Kyrgyz Republic. The company has adopted a phased development strategy within its current project portfolio, seeking low operating cost projects with a clear near term path to production. The 100% owned Andash project has JORC compliant resources of 682koz of gold and 170Mlb of copper and historic reserves of 540koz of gold and 140Mlb of copper. Work on Andash is currently focused on updating the 2010 definitive feasibility study, while also completing mining and engineering studies as well as ongoing community and government engagement. The large scale (ex-Gold Fields) 100% owned Taldybulak deposit has SAMREC compliant resources of 6.8Moz of gold and 1.66bnlb of copper, Tengri plan to remodel existing project data, targeting high grade zones with infill drilling to define a higher grade resource more suited to the development profile of Tengri. Tengri is also earning in to the Bashkol project (right to earn 70%) located 60km along strike from the producing Kumtor Gold Mine, at Bashkol the company will be undertaking exploratory drill work on a number of attractive pre-defined targets in the east of the country. Tengri is focused on value creation through effective exploration, environmentally sound mining and community engagement using world's best practice methods to generate returns for shareholders and sustainable benefits to host communities and local residents.

Stock Details

ISIN KYG8760E1052
Shares in Issue 107,618,497
Market cap £ 1.22m
Sector Financial Services

Financial Highlights Year Ended 31/12/2012

Turnover $0.00 million
Operating Profit $-0.72 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -0.05
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Price Summary

Mid Price ? 0.00p
Bid Price ? 0.00p
Ask Price ? 0.00p
Volume ? 0
Change Today 0.00p
% Change Today 0.00%
Open 0.00p
Previous Close 1.13p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 4.15p
52 Week Low 0.75p

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