Oxus Gold Share Discussion Threads

[maytrees] 16/11/2015 14:45

TX Sir Andrew Ffoulkes

[sir andrew ffoulkes] 16/11/2015 14:34

We will undoubtedly let the market price us, there can be no dividend paid until we are in receipt of funds.

[maytrees] 16/11/2015 14:24

The point could be academic anyway if OXS loses but if successful whether this year or next, I imagine that many holders would wish to exit with their profits.

Is it expected that in the case of an OXS success the co would declare a special dividend applicable to shares held just b4 the arbitration announcement or is the expectation that the co would simply let market value the shares in the light of any award?

What has happened in other cases eg ARM?

[the stigologist] 16/11/2015 14:23

Chart looking good here for a Darwin washout

[wooster4] 16/11/2015 14:17

riskier - At the AGM, RS was very clear that he hugely regretted making that end of 2014 comment. There must have been something to prompt him to give the very near future statement recently - can't believe he'd make the same mistake twice!!

[wulber] 16/11/2015 14:12

I must say that the size of the individual trades seem to have increased over this month somewhat, where the number of 6 figure buys now seems to supersede the old 5 figure quantities - in to the final chapter now IMHO!

[riskier] 16/11/2015 12:14

If it doesn't happen this month, then unlikely before EOY 2015, slow down to Xmas happens earlier and earlier each year. 'very near future' was very strong statement (as was 'end 2014'), hopefully not just to get RAB / Darwin away. Have been here more than three years, would be good to see an outcome in the 'very near future'. gla.

[luckyman3] 16/11/2015 12:07

Wulber
I think that December will be the month.

[wulber] 16/11/2015 11:37

Whilst we await the award, we are sat quite smuggly invested in the Bank of OXS, where despite the wider volatility due to the Chinese sell off and commodity price falls........... market uncertainty increases the price of gold and we are insulated from falls.

Not a bad place to be!

Is November going to be the month?

[papillon] 16/11/2015 11:26

luckyman3
16 Nov'15 - 08:27 - 28214 of 28233 0 0


Maybe they might want to leave Paris now so will make a quick decision.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

How do you know they are in Paris? Why should they be in Paris?

[marmar80] 16/11/2015 11:14

Re: investors see no reasons to buy now. Stig, I think that the main reason that all have to believe is out there, it's the news expected in the very near future. Of course monthly dilution is still a case but nobody knows if that happens again and if yes, how manytimes more. The problem for some investors that are only watching oxs is the announcement itself. They can't be sure how that happens and if the company will send some message a week before the verdict or simply announce it.

[maytrees] 16/11/2015 10:54

Reading the case you mention rossannan is not easy and I see that the USA became involved as a third party.

Looking at the summary part of the Oman judgment, there is no similarity between that case and the OXS one, other than perhaps your point about time.

I suspect that the USA involvement (On 22 September 2014, the United States of America filed a written submission as a nondisputing
State Party pursuant to the US-Oman FTA, Article 10.19.2, on two issues of treaty
interpretation) in the Oman case may have increased the time for formulating the decision there somewhat.

[maytrees] 16/11/2015 10:34

Or if the award goes in our favour before then.

[maytrees] 16/11/2015 10:31

Well we shall see (and hope!)

[maytrees] 16/11/2015 10:18

Apologies rossanan - I see that the OXS hearing concluded rather more recently. Still it started rather earlier than the case you mention so my point still hopefully carries weight!

[maytrees] 16/11/2015 10:12

Greetings rossannan

MAny thanks for the reference but does not that really confirm my own point namely that a judgement so long after the hearing is less likely to be one simply dismissing all the claims as the relevant part of the decsion you refer to reads:
A Hearing on jurisdiction and the merits took place at the International Dispute Resolution Centre
in London, United Kingdom, from 28 April to 8 May 2014.

So the actual hearing concluded in May 2014 and the decision was given in November 2015 with the claims essentially being dismissed

My understanding is that the OXS hearing concluded in 2011 and in November 2015 the decsion is still awaited.

I agree that a year or two is really all that is required to dismiss claims but surely n not three or four years?

[the stigologist] 16/11/2015 09:34

Short term the market is just waiting for the Darwin flush.

No reason for investors to be buying right now. Traders clearly watching very closely as the 'noise' on here indicates.