andash update, page-27

An another update with Simon's visit

http://eng.24.kg/business/2012/03/06/23296.html

We are ready to invest $106 millions in Andash project if we will see support of Kyrgyzstan’s Government – Simon Milroy
06/03-2012 13:25, Bishkek – 24.kg news agency , by Irina DUDKA
“We are ready to invest $106 millions in Andash project if we will see support of Kyrgyzstan’s Government,” stated Simon Milroy, Managing Director of Kentor Gold Limited, an Australian-based gold mining company.

He arrived in Bishkek to familiarize himself with the progress of Andash project implementation. He appreciated positively negotiations with the Government of Kyrgyzstan.

“We see some progress and I am sure that the Kyrgyz Government supports development of mining industry and field development,” said Simon Milroy. “It is important that authorities expressed clearly and openly their support of the project.”

He noted that support in developing Andash minefield would serve as a sign for entire world community that they can deal with Kyrgyzstan. But if Kentor Gold Limited doesn’t make progress here the message will be negative.

“One of important factors to attract investors is political stability in the country,” stressed Simon Milroy.

URL: http://eng.24.kg/business/2012/03/06/23296.html