Oxus Gold Share Discussion Threads

[78steve] 30/10/2015 12:29

Could this turn out to be 'The Superstar stock' of 2015 I wonder?

[wulber] 30/10/2015 12:26

Ross

We have few seller here as all waiting for just one thing!

[wulber] 30/10/2015 12:25

OXS in it's case estimated extracting 190,000 oz's pa over 10 years in Amantaytau project.

That's £2.175 billion gross at today's valuation and worth over $3 billion if you calculate it using the falling gold price from 2011 at over $1800 per oz to the current $1145.

[papillon] 30/10/2015 12:22

Bullish Cup & Handle chart pattern has formed on OXS chart (see log chart below). 10p short term target?


free stock charts from uk.advfn.com

[marmar80] 30/10/2015 12:21

I would like to see if Trident represent Uzbeks or Russians (or who knows) first..

[wulber] 30/10/2015 12:05

GS - they have no obligation to do so, there is no defined timescale just an opinion which can be interpreted in different ways.

What is more significant is the chart action which a buy of a further £25K's worth of stock being bought from the order book would push the share price through 5p and confirm a breakout.

Nearly there !

[giant steps] 30/10/2015 12:03

Company may need to update us with their interpretation
of very near future as folk want to know if the journey
is nearly over.

[dubhgeannain] 30/10/2015 11:53

News was expected in the very near future a month ago. By my calculations news is now due in the very very near future.

[the stigologist] 30/10/2015 11:46

Consolidation intraday at/below 4.625p resistance level and above 4.25p support levels will be a good sign and then potential for post lunch afternoon session push towards 5p as people will not want to be out over the weekend especially with the chart set up as it is at present and with news 'in the very near future'

[wulber] 30/10/2015 11:42

Something caused the 10% spike, lets see what happens this afternoon.

Perhaps late comers taking a position.

[giant steps] 30/10/2015 11:38

rossannan, if RAB/Trident are not sellers then only a paltry 3-4m (monthly)
for Darwin needs to be overrun.

I imagine your brick wall to be as per Berlin, it will fall.

[giant steps] 30/10/2015 11:26

Volume on aim 3.51m, on isdx 1.1m, total c4.61m

Momentum not to be ignored imo

[the stigologist] 30/10/2015 11:17

Worth noting also that Simon Cawkwell is getting increasingly involved and no doubt his billionaire friends like Jim Mellon may choose to have a punt as well

Oct 19

I bought 750,000 Oxus (OXS) on Friday last at around 4.25p since I incline to the view that the RNS covering the sorting out of the repayment of debt due in a few weeks’ time is fairly bullish. Of course, the real news is whether the arbitration court has finally pronounced and in favour of Oxus. This development has been for a fortnight or so “imminent̶1;. Well, I suppose it depends upon what is meant by ‘imminent̵7;.

Oct 27

Finally, I bought more Oxus (OXS) yesterday – this time at 3.96p. The bet is that we really are about to receive the arbitral award of gorillions. If shareholders do receive this the share price will truly rocket – perhaps way past 10p. Of course the Uzbeks will try to wriggle out of paying. But even so the price will surely hold up.

[the stigologist] 30/10/2015 11:13

On the longer term weekly chart we have formed the sort of huge basing pattern you usually see before a huge up move

[marmar80] 30/10/2015 11:13

Dusseldorf, my personal opinion, many funds are in but each with less than 3%.

[the stigologist] 30/10/2015 11:11

On a medium term view the chart is definitely shaping for a moonshoot now

Look at the MACD and RSI turning. Plenty of scope for a huge move up before we get 'technically overbought'

[riskier] 30/10/2015 11:10

Certainly going the right way. Need 5p, then we are looking good.

[the stigologist] 30/10/2015 11:09

From yesterday

The Stigologist 29 Oct'15 - 13:00 - 27029 of 27139 0 1 edit

Bowl forming on the intraday and we are back above the 50 and 200 interval Moving Averages. Can see potential for a spike up to 4.625-5.00p level in the next 24-48 hours

[dusseldorf] 30/10/2015 11:08

An offer by any organisation would require 75% acceptance from shareholders (on AIM at least), I'm not sure that any offer would be able to get near that figure without alot of PI's (people on this BB included) backing it.



According to the company at 21st October, the only significant shareholder was AF Gibbons owning 5.95% (but we know RAB and Trident)

We now know RAB hold 8.88%

So, let's assume Trident own 9.7%, and directors 2% thats a measly 27% that could be approached..

Question is who on earth owns the balance 510m - is it just PI's? so how would you convince 100's if not 1000's of PI's that a price of Xp was 'better' than the award value?

I guess a bird in the hand for most PI's would probably do it as opposed to further wait - the question is if the award goes in our favor, then what level of discount would we all be prepared to accept to award in order that acceptances of an offer exceeds 75%?

[the stigologist] 30/10/2015 11:07

Did say this bowl would play out