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Valery Dil calls local community to be major risk factor in attracting investments 26/03/15 07:19, Bern – 24.kg news agency, by Anastasia BENGARD Valery Dil called the local community to be a major risk factor in attracting investments, the Vice Prime Minister said to journalists. According to him, "along with positive aspects, there is a significant risk factor." "This is local community, which, in fact, prevents the implementation of these projects. Investors are pouring money and suddenly the community rises and says that such a plant is not needed. Although previously public hearings were held, the population approved everything, investors poured money and suddenly there is a group of people who kick investors, threatening to burn everything. Such examples were in the south, in Tash-Kumyr with ferroalloy plant in the Moscow district, where the area for exploration was taken. Well, what is it? And such things happen all the time," official complained. "It is not the state approach, when the government, the president and all the structures travel around the world and invite investors. The local community, regardless of the public interest, raises its personal interests above the public one. This is the biggest negative factor in attracting investments today that should be removed. We understand that we must take into account the interests of local people, explain to them the economic feasibility of the project and what it will have. But everyone should think first about the state. If our country doesn't have the money, how will we develop the social sphere? Everyone is asking for money, for example, to repair schools, to increase teachers' salaries, health care. Therefore, everyone must think on the revenue side of the budget," Valery Dil called. URL: http://www.eng.24.kg/economics/175062-news24.html Lets see what next month brings ATB F

It seems was founded in Jan 2014 with Mr Edward Roland Dawson and Mr Richard Paul Mays, perhaps being prepared if things didn't work out in Kyrgyzstan, so maybe some groundwork done in going forward here in MY OPINION that is , and according to Suspension of Trading on AIM on our webpage, theyre also both current directors of Prospect Oil& Gas ATB F

Premier Gold Resources requests share suspension as outlines new investment plan By Giles Gwinnett March 20 2015, 7:14am A new investing policy must also be approved by shareholders at a meeting called for on April 14 this year A new investing policy must also be approved by shareholders at a meeting called for on April 14 this year Trading in shares in Premier Gold Resources (LON:PGR) was suspended today pending clarification of the company's financial position. The Kyrgyz Republic-focused gold explorer outlined a host of proposed new measures, including a change in name to Prospex Oil and Gas. It plans to dispose of its wholly-owned subsidiary, Central Asia Resource, which owns its main asset - the Cholokkaindy licence - to Tridevi Capital Partner, so it can repay an outstanding loan under a convertible loan agreement it entered into with Trivedi in 2013. A new investing policy must also be approved by shareholders at a meeting called for on April 14 this year. Also proposed is a reorganisation of the group's capital by consolidating 25,000 shares into one share, which would then be subdivided into 100 shares and one new deferred share, the firm said. The firm also said it had conditionally raised £1.1 million through issuing around 35.3 million shares to advance the new investing policy of the company, which, as the new name suggests, involves a change of direction. The new investing plan will still a focus on natural resources and may include applying for new exploration licences or investing in existing licences with a primary geographical focus on Europe

Vladimir Putin: Kyrgyzstan's economy must be adapted to economy of Eurasian Economic Union countries 17/03/15 06:17, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA "Kyrgyzstan's economy must be adapted to the economy of the Eurasian Economic Union countries," Russian President Vladimir Putin said yesterday at a meeting with the head of the Kyrgyz Republic Almazbek Atambayev. According to the press service of the Kyrgyz President, Vladimir Putin and Almazbek Atambayev discussed cooperation in economic, trade, investment, energy, cultural and humanitarian spheres. Reviewed the implementation of joint projects and exchanged views on bilateral cooperation in the framework of the Eurasian Economic Union. "We meet separately, as agreed, in order to review the bilateral agenda, all matters related to our trade and economic activities. And, of course, we talk about what is happening in our part of the integration process. The ultimate goal is to adapt the economy of Kyrgyzstan to the economies of Russia, Kazakhstan, Belarus, Armenia. Of course, all these problems are solvable, and the sooner we do it, the better," Vladimir Putin said. Almazbek Atambayev said that Kyrgyzstan aims to join the Eurasian Economic Union in a timely manner. "Of course, we would like to be in time for May 9. You remember we set this date. We still have the front-line people who remember, that there was no customs borders. Today we have a good opportunity to discuss issues that have accumulated," the President of Kyrgyzstan said

http://www.bbc.co.uk/news/world-europe-31901078

Speculation rife as world waits for Putin to reappear Can there ever have been such importance attached to a planned meeting between the Russian and Kyrgyz presidents, in which they will discuss trade, investment, cultural and humanitarian co-operation? Such is the strange atmosphere in Moscow nowadays that Monday's meeting in St Petersburg - assuming it takes place - will be scrutinised like no other. And all this because there's been no verifiable sighting of the omnipotent and normally omnipresent Vladimir Putin since 5 March. Such a long, unexplained absence from public view has fuelled rumours among the chattering classes here and across the internet, that something is wrong - that the president might be sick or even dead or he could be the victim of a palace coup. With persistent denials from the Kremlin doing little to dampen the speculation, Monday's meeting could be a key moment. Where's Putin? The best of the memes Something untoward If he makes an appearance with his Kyrgyz counterpart, Almazbek Atambayev, in front of plenty of journalists and television cameras, it would at least quash the rumours that he is either dead or seriously ill, especially if the broadcast is live. But if not the rumour mill is likely to crank up into an even higher gear. The suspicions that there is something untoward happening behind the Kremlin's thick, red walls have been heightened by the way government officials themselves have responded Hope news will be forthcoming shortly, Have a good week all ATB F

Assembly of opposition, which sums up events of 2005 and 2010, to be held in Bishkek on March 24 14/03/15 08:29, Bishkek – 24.kg news agency, by Darya PODOLSKAYA Assembly of opposition, which sums up the events of 2005 and 2010, will be held in Bishkek on March 24, the civic activist Mavlyan Askarbekov said to 24.kg news agency. According to him, several social and political movements are planning to hold a forum where the socio-political situation in the country and the issue on Kumtor will be discussed. According to the results the opposition intends to adopt a resolution. And at the end of the first month of spring the opposition intends to hold a congress, where it is planned to discuss the energy crisis. As the civic activist said, the opposition representatives also expect to organize assembly on March 31. The agenda of the last is still unknown. Earlier the leader of opposition Ravshan Zheenbekov has left. URL: http://www.eng.24.kg/community/174912-news24.html

Vladimir Putin and Almazbek Atambayev to discuss cooperation between Russia and Kyrgyzstan 14/03/15 08:46, Bishkek – 24.kg news agency, by Kanykei MANASOVA Presidents of Russia Vladimir Putin and of Kyrgyzstan Almazbek Atambayev will discuss the key issues of further strengthening of Russian-Kyrgyz cooperation in St. Petersburg on March 16, the Kremlin press service reported. It is noted that the parties will discuss issues of cooperation in trade, investment, cultural and humanitarian spheres, as well as in the energy sector. The presidents will exchange views on cooperation in the context of Kyrgyzstan's accession to the Eurasian Economic Union. URL: http://www.eng.24.kg/community/174913-news24.html

day at the office >>>>>>>>>>>ISDX 12/03/2015 13:53 1,500,000 @ 0.047 12/03/2015 13:12 608,890 @ 0.047

(Contd) She says there are two issues that need to be addressed: companies and the government have to be transparent about ecological risks and harmful emissions into the air; and the government should constantly provide the population with fresh information about its plans in the mining industry. Kyrgyz MP Erkingul Imankojayeva, who has recently raised the Kumtor gold mine issue at a parliament sessions, says there is documented proof that the waste products from gold mining industry end up in the air and then on nearby glaciers. ‘This leads to reduction of glaciers by 61 meter a year, and the melting water goes to the Petrova Lake. This in its turn could lead to a flooding, which could wash away the nearby radioactive tailing and bring it all to the river that locals use for drinking water and daily needs,” she says. Following Imankojayeva’s report to the parliament the government creates a state commission to investigate ecological impact of Kumtor and other operating gold mines Lets hope for some positive news soon ATB F

Kyrgyzstan Hopes Gold Will Save its Economy Published by Bakyt IbraimovDecember 16, 2014 Burdened by multiple financial problem, Kyrgyzstan is looking for ways to improve its economy. The country hopes gold deposits will help solve economic problems, but analysts say the gold industry has its own problems to tackle. Gold to save Kyrgyzstan “Kyrgyzstan has significant gold deposits, and if we use them properly, we will be on the way to prosperity,” Sherimkul Sultanov, State Secretary of the State Agency for Geology and Mining Resources, said at a country-wide mining conference in Bishkek November 28. “Currently our difficulties in the gold mining industry are connected not only with the mountainous landscapes, but also because the population in the deposits region has propensity to conflicts,” he added. According to State Agency for Geology and Mining Resources, Kyrgyzstan’s explored gold deposits are about 566 tons (), and one third of the country’s export products is gold. Kyrgyzstan has 30 large and small gold deposits, including Kumtor, Makmal, Togolok, Bozumchak. Conflicts around Gold Deposits Gold mining industry has always been surrounded by multiple conflicts, Duisheyev says, adding that he doesn’t exclude that certain politicians in Kyrgyzstan have their interests in this sphere and therefore push foreign investors away. This is the reason why other gold deposits, such as Andash and Jerui, haven’t been explored yet, he adds. The conflicts and protests around gold mines are often organized by local residents, but Kyrgyz media has reported on a number of occasions, that in some of the conflicts local business owners and politicians were behind. Another large gold deposit surrounded by conflicts is Taldybulak-Levoberezhny, which, according to geologists, has about 78 tons of gold and is being explored by Chinese investors (Chinese invested $184 million so far). Despite numerous conflicts Kyrgyzstan plans to start exploring its Jerui deposit in the spring of 2015. Activists Concerned about Ecology Locals are often protesting gold mining due to their concerns about the harm from the industry to the air and the land. Kyrgyz ecologists say they are concerned exploring gold deposits is dangerous for the country’s ecology. Independent Kyrgyz environmentalist Dinara Kutmanova says any kind of technogenic impact on environment, including the one during mining activities, could have a crucially negative influence on the region. “All these risks can and must be minimized, but, since the government doesn’t impose any control over it, it’s dangerous, and people also aren’t provided any information about Kumtor, and this causes quite a stir among the population,” she says.

Kyrgyzstan tenders gold deposit Jeyroo Submitted by Iraida Idiyatova on Tue, 24/02/2015 - 13:15 Kyrgyzstan Metals and mining Gold Silver Submitted by Iraida Idiyatova on Tue, 24/02/2015 - 13:15 Kyrgyzstan has put out a tender for the right to develop the second largest gold deposit in the country Jerui with over 97 tons of gold reserves. It has had several investors over the last 20 years. The tendering committee set initial price at $100 million. The first attempt to hold tender in April 2013 has failed due to very high initial price of $300 million

Prime Minister speaks about forming of ratings for efficiency and quality of respond of government agencies to publication 11/03/15 07:20, Bishkek – 24.kg news agency, by Anastasia BENGARD Prime Minister Dzhoomart Otorbaev discussed with Mayor Kubanychbek Kulmatov development indicators of Bishkek for 2014 and outlined plans for 2015, the press service of the Cabinet reported. According to it, the Prime Minister recalled the recent visit of delegation from Tatarstan to the Kyrgyz Republic, which shared the successful experience of interaction with the citizens, in particular, the introduction of "People's control", allowing to keep in touch and to respond to the comments of residents. "This is a very convenient system. Citizen captures any violations or deficiencies in the work of municipal services or government agencies, and sends these materials to online publications, and municipal and state authorities immediately react to these publications. We also asked popular publications to make separate headings, where citizens could share photos and videos on the traffic situation, the safety, work of municipal services. State agencies tasked with timely and accurately respond to these publications. In the near future we and interested publications will create appropriate ratings for efficiency and quality of responses that will motivate state authorities to maintain a dialogue with the population," Dzhoomart Otorbaev said. He noted that the main criterion of the government is to increase public confidence. URL: http://www.eng.24.kg/economics/174861-news24.ht

Integration: what government.kg is silent 11/03/15 07:35, Bishkek – 24.kg news agency, by Tatyana KUDRYAVTSEVA Kyrgyzstan is on the verge of an important historical event. In May, the country prepares to join the Eurasian Economic Union officially. The country's leadership is trying to complete all the procedures as soon as possible. Kyrgyz people are promised "land of milk and honey." But Kyrgyzstanis, learned through a series of painful incidents, treat to these promises with caution. And for a reason. The first session of the Eurasian Economic Council at the level of Heads of Government was held in Moscow on February 6, 2015. Among other issues it discussed draft protocols provided by the agreement on accession of Kyrgyzstan to the Eurasian Economic Union. The Kyrgyz Republic still had discrepancies with the Eurasian Economic Union countries and the Eurasian Economic Commission for six key issues. Of these three issues are of strategic and social character With the accession to the Eurasian Economic Union, we, apparently, will have to learn to live within our means. URL: http://www.eng.24.kg/economics/174863-news24.html

todays ISDX 2 buys 11/03/2015 13:01 2,148,190 @ 0.049 11/03/2015 08:09 1,000,000 @ 0.048

Investor. Between a rock and a hard place 27/02/15 11:29, Bishkek – 24.kg news agency, by Anton LYMAR The policy has become a major obstacle between the economy and investment in Kyrgyzstan. Prolonged systemic crisis, eternally deficient treasury, the lack of own funds for the development of production - a characteristic pattern of Kyrgyzstan. Source of closing off the loopholes as external borrowing doesn't satisfy exorbitant itch for money - give less, but the external debt is over $3 billion and is approaching the critical point in a percentage of GDP. As a result, we have to rely on a miracle, or the mass arrival of investors. Where are you, my darling? Where? There is no sense to hope at the first one, and with the second - very serious problems. Moreover, according to Economy Minister Temir Sariev, outflows from Kyrgyzstan increased by 2 times in 2014. All major projects made by the Government, especially in the mining industry, are still not running. Nevertheless, external infusion remains for Kyrgyzstan hardly the only means for the resuscitation of the economy. According to Deputy Prime Minister Valery Dil, under favorable conditions the republic could annually attract $6.5 billion of foreign investment. There are many reasons why no one comes to us with suitcases of money. In fact one should compete for investors on the world market. And then, like, we are not that bad. For example, the economy of Kyrgyzstan is recognized by the US Research Center - the Heritage Foundation as "moderately free". We are on the 82nd place, next to Latvia, Kazakhstan, Armenia, Azerbaijan. Moreover, the country has a very high score for fiscal freedom. And in some other ratings it seems to be not that bad. There are many interesting projects constantly presenting by the government. The number of licenses drastically reduced, changes to the licensing system were made. Even prepared bread and salt for investors, but... eat the delights of the Kyrgyz economy still no one hurries. 120 Men Theater So, we're kind of fixed the mechanism, painted, but can't launch it. Here another problems appear, namely our internal scrapes, which the higher echelons don't want to pay attention, or gave up long time ago. The main of them - inability of the government and the parliament to work in harmony. "In the case of Kyrgyzstan, it is not about confrontation of power and the investor, but the confrontation of the legislative and executive branches of government, hostage of which became foreign investors," - such conclusion was made by analysts of Minchenko consulting communications holding in the report "Assessing political risk for foreign investors in Central Asia." It turns out that launching a mechanism for attracting investment in Kyrgyzstan requires coordinated work of parliament and government, or withdrawal of the parliament from total interference in the work of the Cabinet .

Just got in mate, got the mail thanks, been watching Real Madrid squeeze thru, ISDX 2.8M like you say Good few buys today Keep E Coming lol 10/03/2015 13:09 1,000,000 @ 0.054 10/03/2015 12:32 991,001 @ 0.047 10/03/2015 11:09 885,168 @ 0.047 ATB F

That's some faith in company mate with such a large holding, Best of luck to you, Really hope it pays off, in the long run Its surely time the BOD updates has to how things are progressing and what new projects they have lined up All the best Forest

10/03/2015 11:09 885,168 @ 0.047

maybe your right mate, but all timed differently, ATB