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Oxus Gold Share Discussion Threads
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|W&C.. Sponsors of the events where the most influential people on the planet meeting & partying together. If you are not there, you can't win.|
|And it's pretty good advertising: We reduced a claim of 1.3 Billion to a payout (yet to be paid) of 10 Million!
However - let's not mention the PI's who got scorched as a result of our victory.|
|Should have had them on our side!
|Thanks, so hopefully anytime now or in the next 6 month update I guess then from BDO.|
|Does anyone know or have a link to the asset seizure news?|
|In mid December 2016 the administrators report stated they had consented to allow Gretton to seek to enforce the S10m damages award against the Uzbeks. Gretton is pursuing an attachment order over a business
property registered in the name of the Republic of Uzbekistan in Switzerland. The decision of the Swiss court was expected within around four months from that point ... so around about now|
|Thought there was going to be news of some kind this month?|
|bet it's ours
High-capacity gold mining plant to be built in Uzbekistan
Mirziyoyev launches construction of new gold mining plant in Uzbekistan
29 March 2017|
|Hope they will get the annulment. Not invested in Chl, but watching their bb with interest.|
|Good morning all
I see that CHL are now (today!) also going for annulment.
A lesson for me is not to trust an international arbitration forum unless perhaps London based.|
|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 c@nts.
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."|