||EPS - Basic
||Market Cap (m)
|marmar80: Skez, is it GS fault that Oxus hasn't won? There was a chance to see a massive share price increase imo. I believe some groups of investors known that Oxus won't win as White &Case and their connections simply won't allow that. They failed to join in buying the shares in the last months so the share price didn't benefit as we wanted.|
|tony_currie: For those with a strong stomach and wanting to recoup some loses from OXS worth a look at Churchill Mining (CHL). They are claiming $1.3bn and due a decision on authenticity of licenses within the next two weeks (from 16th November)- this will be the clincher decision for them.
The claim puts the share price between £3-£8 current price 37p.|
|markdods1: I still believe we will get justice.
Thanks for info being posted, I found this from over 10 years ago. The result we had stinks, notice the share price at the bottom. Fingers toes everything crossed, this might not be as dead as first thought.
The US government was on the verge of wading into the diplomatic dispute between Oxus Gold, the AIM-listed mining company, and the Kyrgyz government yesterday, after the group served official dispute notices on the Kyrgyzstan authorities and suspended construction of its new mining facilities in the country.
In a statement to the London market yesterday morning, Oxus said it had forwarded the dispute notices to both the UK Government and Condoleezza Rice, the US Secretary of State, who it claimed was supportive of the British company due to its significant number of American investors.
Oxus said the dispute notices now open the door for the UK and US to take formal action against the Kyrgyz government if necessary.
inRead invented by Teads
The dispute first erupted several weeks ago when the Kyrgyz government withdrew Oxus's mining licence. Last month, Tony Blair entered the dispute, writing to the Kyrgyzstan President, Kurmanbek Bakiyev, warning that his country was not living up to its obligations under the global anti-corruption initiative.
President Bakiyev fired back an angry letter in which he insisted he did not need to be reminded of his obligations, and claimed the reason for the withdrawal of Oxus's licence was that the company was "irresponsible" and "unlawful".
It has been suggested that Oxus is the victim of an attempt by a group of Georgian businessmen, in league with the Kyrgyz authorities, to take over the mine.
Bill Trew, Oxus's chief executive, said he remained confident that the dispute would settled soon. "We have been building the Jerooy mine in good faith and with the express encouragement and full knowledge of the Kyrgyz government," he said.
After falling as much as 11 per cent in early trading, the stock eventually closed down 3.9 per cent at 56p
|the stigologist: Juridica JIL another listed litigation funder paying 8p dividend (share price is in 50s)
Thinking out of the box,do wonder if Calunius might consider converting any debt owed by OXS into shares and consider an RTO ? They could 'legitimately' claim OXS tax losses to date were 'litigation' related so provide tax shield to their own earnings ?|
|giant steps: Nothing new in this latest debate about RAB
One imagines Oxus will make their fund substantial gains if the arbitration
verdict is huge. Recall, they recently converted debt at 8p, and they had the
choice to convert in previous years had they wanted out completely. Some folk
may start to think that the market (including RAB and Trident) has been given
a clear signal of news in the very near future, and RAB, just like PI's will
be selling on a predicted large re-rate in the OXS share price (NAI).|
|luckyman3: Only three things matter to me regarding oxs share price.
1st have we won?
2nd how much have we been awarded.
3rd What is the share price going to be at when i sell?|
|apfindley: Rossann.You appear to be significantly more interested and invested in CHL than in OXS, so why not go and post over there?You seem a bit negative towards Oxus, but we can see, all you're actually doing is trying to promote Churchill. Probably because your investment there is losing ground.As I said 2 years ago now, the OXS case will be the firstly conclude as they are about 2 years ahead of chl.A certain group tried to pump that company (Jan 2014) with false claims an award would be paid in (Feb 2014). I think I've got the year correct, if not thrn it was in 13.That was never going to happen, as it was just another "hearing" on the route to arbitration, but alas, many could jot be convinced.Then we had all the hype over the guy who was linked to chl being appointed an indo government post.What good has it all done? Nothing.The fact is that chl are way behind OXS as they haven't even had their case go before the arbitration panel yet.Also, although with merit, they had not even progressed to building a mine like OXS, or to full commercial production like OXS.They had a license, and a resource estimate. They had spent no money on infrastructure or mine construction.The OXS case is far far stronger and will be much more likely to see an award of a higher percent of claim than chl will.So however much you come on here being negative towards OXS, it will not serve in any way to bolster your own case at chl.Clearly you want people here to go buy shares over there to boost that share price.Fact: you picked the wrong company out of a choice of 2, and your timing saw you buy too high.Rant over.|
|ronconomics: Article originally In. FORBES re consequences of seeking to manipulate stick prices....
A Scottish man is facing civil and criminal charges for allegedly tweeting multiple false statements about two companies that caused significant drops in the stock prices of those companies and even triggered a trading halt in one of the companies. James Alan Craig, 62, is a Scottish resident who is accused of creating two Twitter accounts that closely resembled two well-known established securities research firms in an effort to profit from an anticipated downward movement in the stock prices when the tweets became publicized. In parallel actions announced today, both the Securities and Exchange Commission and the Department of Justice announced civil and criminal charges, respectively, against Craig. Ironically, Craig’s attempt to profit from the false tweets ultimately netted him less than $100.
In January 2013, Craig created two Twitter accounts with handles designed to mislead users into thinking that the accounts belonged to well-known equity research firms. Craig created the @Mudd1waters account on January 25, 2013, with the handle designed to make observers believe that the account belonged to the firm Muddy Waters. Similarly, on January 29, 2013, Craig created the @Citreonresearc account in an effort to create the appearance of an official account by Citron Research. To add an air of legitimacy to the accounts, Craig used the existing logo of the equity research firm, referenced a prominent member of the relevant firm, and posted a link to the firm’s website.
On January 29, 2013, Craig issued the following tweet about Audience, Inc. (“AudienceR21;) from the fictitious Muddy Waters account:
Craig followed that tweet with a slew of other tweets, including six retweets of the original tweet and an additional tweet that Audience was delaying the release of its annual report. This tweet caused an increase in the trading of Audience’s stock, as well as a significant downward spike in the share price. Audience’s share price fell from $12.35 per share to a low of $8.87 per share - a 28% drop - and triggered a trading halt in the shares. Craig later purchased approximately $3,500 in shares of Audience stock, but his purchases were not timed with the low point of the stock’s price and ultimately resulted in a profit of $9.00. As alleged by authorities, the tweet was inaccurate and there was no impending report to be issued by Muddy Waters. Within twenty minutes of the initial downward spike in Audience’s share price, the stock has recovered its losses.
The next day, Craig used the fake Citron Research account to issue the following tweet about Sarepta Therapeutics, Inc.:
This time, Craig claimed that the Food and Drug Administration had seized papers pertaining to the company’s drug trials and warned of negative trial results. As had happened with the price of Audience stock, the price of Sarepta shares fell sharply in the time following publication of the tweet and ultimately reached an intraday low of 16% under the stock’s pre-tweet price. Again, Craig attempted to purchase Sarepta shares in an attempt to capitalize from the stock’s climb once the market disseminated and rejected the news, and again he failed to catch the stock at its intraday low and ultimately netted approximately $88.00 from the trades.
According to authorities, Craig did not stop with the Sarepta and Audience tweets. On January 30 and 31, 2013, Craig used other Twitter accounts under his control to message other Twitter users to comment on his manipulation, including questions about the seriousness of the offense and surmising that the perpetrator would be heard to find because they did not use their own name on Twitter.
In July 2013, Craig issued another tweet from the @Mudd1waters account about biotechnology company Intuitive Surgical, Inc. (“Intuitive Surgical”), stating that the company was under investigation from the SEC and Department of Justice over “robotic safety and alleged mis-conduct.” This time, the markets did not react negatively and Craig made no efforts to profit from any anticipated movement in Intuitive Surgical shares.
Craig faces a single count of securities fraud, which carries a maximum 25-year prison sentence and $250,000 fine. The Commission has accused Craig of violating Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. The Commission is seeking injunctive relief, disgorgement of ill-gotten gains (less than $100), imposition of civil monetary penalties, and other relief ordered by the Court.
Jordan Maglich is a securities law attorney at the Tampa, Florida law firm of Wiand Guerra King, and also writes frequently at Ponzitracker.com.
This article was written by Jordan Maglich from Forbes and was legally licensed through the NewsCred publisher network.|
|papillon: "The chances of 4 may well be only 50/50."
That's your opinion, rossannan, but not mine! I still believe that OXS will win and the OXS share price will multi bag from the current share price. Whether that gives a 12p, 16p, or 20p sp, or even more, we'll have to wait and see. There are so many variables that it's impossible to give a definite target share price assuming OXS win.|
|papillon: Assuming OXS are successful.
Minimum DCF claim, according to the information in the header, is:
US$480m + US$72m = US$552m = £360m.
Calunius fee? Don't know! Could be £20m. Could it be £40m? Basically I've no idea.
Lets say £60m for arguments sake. That leaves £300m for OXS.
Lets take the OXS shares in issue as 750m.
That gives 40p per OXS share. I expect the OXS share price after such an award to trade at a discount to 40p. By how much I can only guess. 25%? That would give a 30p share price
Of course OXS could get more than their minimum claim, if successful (they could get less). Hopefully OXS will be successful and get more than their minimum £360m claim and Calunius will receive less than £60m (though they could get more?).
An OXS share price after the arbitration verdict of over 20p will satisfy me; I'm not greedy. LOL.|
Oxus Gold share price data is direct from the London Stock Exchange