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Oxus Gold Share Discussion Threads
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|Administration Progress Report – 8 December 2016
1.....Gretton are seeking to enforce an award of $10,299,572 + interest against the Republic of Uzbekistan and are presently pursuing an attachment order over a business property registered in the name of the Republic of Uzbekistan in Switzerland. A decision of the Swiss court is expected in around 4 months.
2.....The main partial annulment decision is not expected from the Paris Court of Appeals until atleast early/mid 2018.
So next news around Apr 2017 and main partial annulment decision early/mid 2018.
If OXUS are successful in obtaining a partial annulment they could obtain a significantly larger award in a further arbitration.
If OXUS fail in obtaining a partial annulment then there is no prospect of funds becoming available to shareholders then,as we all know,its the end.|
|Churchill board very active lately, corruption in the international courts? Here quiet, but I really hope something good will be announced soon.|
|maybe worth watching how this plays out
High Court Claim by Ukraine
Yesterday afternoon the Company received a notice by Ukraine's Ministry of Justice to the High Court of the United Kingdom naming JKX as a defendant in an application seeking to set aside the recent Uncitral arbitration award against Ukraine and in favour of JKX.
We believe the application to be without merit and frivolous, and a troubling attempt to set aside the legally binding and legitimate award in favour of JKX. The basis for this application is that the arbitral tribunal allegedly committed 'serious irregularity' in conducting the arbitral proceedings. JKX notes that the chair of the tribunal was Judge James Crawford, who serves as a judge on the International Court of Justice in The Hague, having been elected by the United Nations General Assembly and Security Council to that post.
|Just take it on the chin and accept that AIM is a market full to the gunnels with two faced parasitic vile [email protected]
Spread the word, DONT EVER INVEST IN AIM!!!!|
|It was a German Arbitrator Bridgett Stern that put the spanner in the works and now we are relying on a French court to give us some sort of justice so make of that what you will, hope I am wrong but I cant see them going out of their way to help a British Company especially with the Brexit fiasco hanging in the air. The most annoying part of this is the BOD and our Administrators probably already know what the outcome of this will be and as usual we are left in hope and second guessing everything "AGAIN".|
|That'll be early next year for the 'first' hearing....it may well drag on for months beyond that.... maybe a year plusDoesn't matter to me as my holding counts for 0 in my portfolio now so as long as it's not completely dead there is still a small chance of something|
|When is the decision on the accrued interest owed to OXS?This April I thought....Then early next year as Maytrees says on if we see anything for shareholders (or not)|
|SOS, thanks for that. I hope just hope our case is different re
"UPDATED. Lebanese brothers bringing an ICSID claim against Greece have failed to unseat the state’s appointee to the tribunal, prolific French arbitrator Brigitte Stern, on the basis that her repeated appointments by state parties create grounds for doubting her impartiality."|
|I thought this BB for OXS no has cease|
he can fekk off|
|Time to investigate the supposed Great one Mr Shead. ???|
|Thanks will do tomorrow too|
|Marmar don't assume that the administrators are even aware of what you posted
I did send them an email with that article but they haven't come back..
No harm in emailing them.|
|Would be nice to hear some comment from Mr Shead or administrators. Especially what would they say about the Uzbekistan reopening our mine.|
|that Donald Trump is sane.|