Oxus Gold Share Discussion Threads

[marmar80] 19/1/2021 23:18

Oxus Gold v. Uzbekistan (Paris Court of Appeal, 14 May 2019) – Evidence that should have been produced in document production is admissible, no matter its originContrary to what Rusoro and Garcia might have suggested, the Paris Court of Appeal upholds awards more often that it sets them aside. With Oxus, the Paris Court of Appeal confirmed its pro-arbitration stance by upholding a Tribunal's common-sense solutions to surprising issues encountered in discovery.On 31 August 2011, Oxus, a UK-based company specializing in exploration and exploitation of precious and base metals, initiated arbitration against Uzbekistan, a Uzbek State-entity, and a Uzbek State-owned enterprise on the basis of the UK-Uzbekistan BIT, alleging that their actions were notably in breach of the expropriation and fair and equitable treatment provisions of the BIT. On 17 December 2015, the Tribunal dismissed the brunt of Oxus' claims (initially quantified at over USD 1.3 billion), while still awarding it USD 10 million on the ground that certain changes in tax law amounted to treaty breaches.Oxus applied to the Paris Court of Appeal for a partial set aside of the portion of the award dismissing its expropriation claim, arguing that the Tribunal had considered (i) documents that had not been discussed in the context of this claim and, strikingly, (ii) documents that had been illegally obtained by the Respondents through prior representation of Oxus' parent company by Respondent's counsel. The Court reiterated its classic holding that a Tribunal need not discuss in advance with the parties the reasons for making certain findings. As to the question of allegedly illegally obtained documents, the Court endorsed the Tribunal's reasoning that since the documents should ultimately have been disclosed in the discovery process as responsive to a specific Redfern document request from Respondent, it saw no issue admitting the document in the record. Accordingly, the Court declined to set aside the award on the ground that enforcement would be in breach of French public policy.

[wilburylover1] 05/5/2020 23:26

Seems like it BackinBlack80,still a lot of bad feelings here this has pxxd lots off the bxxsteds bet lots of the big investors got out in advance.

[backinblack80] 05/5/2020 22:42

What's this...the Oxus reunion?

[jnbrw] 05/5/2020 22:04

Did gretton ever get their money anyone know?

[marmar80] 01/5/2020 06:09

I've found it.Contingent assetIn May 2007 the Group disposed of its interests in Kyrgyzstan (the Jerooy project), Turkey and Romania to KazakhGold Group Limited. KazakhGold is contracted to pay additional consideration of up to $80 million conditional upon KazakhGold or a nominee acquiring a licence to mine, or acquiring a Company or entity that has the benefit of a license to mine, the Jerooy deposit and commencing development or production at this site.

[marmar80] 30/4/2020 19:51

I know it won't help shareholders as the company full ownership was transferred to Gretton, but I'm kind of interested what has happened to that licence.

[johncasey] 30/4/2020 18:59

eurasia mining suspension will be one that will have a happy ending..or thats me done for good

[heardowt] 30/4/2020 18:50

Bufala I think it was 2007 Marmar80 think there was a condition if it was developed in the future there should be A further payment can’t remember properly and won’t help us.

[festario] 30/4/2020 18:44

No special dividend was ever paid to me, I'll tell you that.

[marmar80] 30/4/2020 18:15

Can you remember condition about selling it further to Polyus or KazakhGold?

[bufala] 30/4/2020 18:05

when was the special dividend paid?

[heardowt] 30/4/2020 10:10

I think they sold the project and paid out a special dividend if my memory serves me right.

[marmar80] 30/4/2020 09:48

Back to Oxus for a moment. Can you remember how did we end our Kazakhstan project?

[johncasey] 25/4/2020 18:18

dont forget clear leisure will ten bag soon..you have been warned

[alcopop] 25/4/2020 18:17

Hi marmar80. Made all my money back on Tejoori (TJI) which thankfully returned all funds to investors and liquidated, and now invested in ENET as a long term hold. Recently been researching COVID-19 plays MWG, TILS, DDDD. Also took a punt in AML at 49p

[marmar80] 25/4/2020 14:27

Very good. I recovered some, but still in red with Oxs. Gambled too much but lesson learnt. Today a lot of cheap shares around but hard to decide which one will can do well.

[heardowt] 25/4/2020 12:34

I’m in Greetland too, top sliced yesterday and got all my Oxus loss back, hoping for more gain yet which will bring my early retirement hopes back in line. It was the memory of Oxus that made me top slice but still got a reasonable amount in.

[marmar80] 25/4/2020 12:03

Pity we didn't know bout this one earlier. Nice jump. 1.5 to almost 9 now in a short time.

[skidaddle] 25/4/2020 10:12

Made mine back on Greatland GGP.

[marmar80] 25/4/2020 10:11

ALTN? Is there a connection between Altyn plc and Altyn Group?

[kcowe] 25/4/2020 01:36

Made my money back ... now holding DDDD, ALTN

[marmar80] 24/4/2020 23:38

Hi Apsoo. Thank you.. I see them here on advfn, but saxo online doesn't offer them to buy. Saxo approch to some aim emerging companies.