Oxus Gold Share Discussion Threads

[arlington chetwynd talbot] 05/10/2015 01:51

Findlay seems to think that it is wrong te trade events lol, he is not kidding moi.

[arlington chetwynd talbot] 05/10/2015 01:49

I think Findlay's fail to grasp why people trade is quite telling.

[arlington chetwynd talbot] 05/10/2015 01:43

Yes Stig, as long as the market isn't blind a stock should never be suspended.

[the stigologist] 05/10/2015 01:35

Suspension is against the principles of the LSE (the whole point of a market is to allow liquidity and for market based determination of value at any given point) and against precedent (the last UNCITRAL arbitration namely RUR Rurelec the stock was not suspended).

[arlington chetwynd talbot] 05/10/2015 01:05

Let traders trade Findley, the market isn't blind. The fact the outcome isn't known is surely no reason to halt?

[apfindley] 05/10/2015 00:51

The shareprice and ALL bulletin board comments have ZERO bearing on the arbitration.The outcome will be what it will be. Nothing anyone, no matter how clever they want themselves to appear on here, they will not be able to have any influence.The newcomers here this week are mainly traders, hence the games.I would VERY STRONGLY FAVOUR SUSPENSION PENDING OUTCOME.The traders are only here to manipulate the price. They are waiting to see the size of award, and whether a dividend will be paid, and what the dividend cut off dates are.When the award is announced they will try to spike it up and down to make money from holders. They will look for the divi dates and try to manipulate the share price and deramp very heavily to lower the price before the cut off date, whilst they load up heavily at the same time This is the reason I favour a SUSPENSION.Most of us genuine contributors have done plenty of pooled research and have been sitting tight for several years, so we aren't going to roll over for the traders until the full price is met.SUSPENSION is in the interests of GENUINE HOLDERS.

[skez13] 05/10/2015 00:05

we are still at these levels as in the past, we have had Darwin dumping their stock at every opportunity - Rab too at a lesser extent.

it really doesnt matter in this case what the market believes...

[a.fewbob] 04/10/2015 23:57

I think the markets aren't prepared to mark the share price higher because OXS have been in litigation for ...... what 3....4 years???? I think the market doesn't really believe we are near the result!!! If the market thought we were due 400 million in 5 years from now they would still mark the share price down to 4p right up to the last 6 months!!

[arlington chetwynd talbot] 04/10/2015 23:56

Funny thread this, the posters I'd tend te agree with and the one's I wouldn't are causing me some conflict.

[hairballradical] 04/10/2015 23:44

The market really is valuing the business at 3.8p because it's guessing an award around $100m.

Anyone prepared to offer an alternative size award based on the markets estimate?

[shaktinicola] 04/10/2015 23:21

Yes let's stop the attacks..... We are all on here because we feel this will benefit us. So let's help and update each other and play nice please :)

[the stigologist] 04/10/2015 22:14

With thanks to Dave444's post 23437

[backinblack80] 04/10/2015 21:55

The losses to OXUS amount to no less than $400 million.

[fairlight] 04/10/2015 21:25

karateboy - I presume then that due to the confidentiality agreement RS cannot make a direct reference to the proceedings coming to a conclusion even though he has been informed, but in the results statement he can intimate a result is due soon. So possibly very soon then?

[karateboy] 04/10/2015 21:19

In Oxs case , company has signed a confidentiality agreement. So ' in the very near future' is the only thing they can say.

[fairlight] 04/10/2015 21:18

Well probably adds weight to the before the end of october date then, or maybe just into November?

[pennyfalls] 04/10/2015 21:11

Very possibly Fairlight.
Although Oxus' claim has been going on for such a time period that it would be odds on anyway that the result should come soon, just by looking at the average timespans.

[fairlight] 04/10/2015 20:49

Rurelec announced that the result of their claim was imminent around six weeks before the result was known - From the RNS 20/12/2013 "Rurelec PLC (AIM:RUR), the operator and developer of power generation capacity internationally, announces that it has been informed by the President of the Arbitration Tribunal considering Rurelec's claim for compensation for the nationalisation of its Bolivian assets that notification of the award is now anticipated to occur before the end of January 2014". It actually occurred on 3/2/14 - anyone think that OXS have received the same sort of notification hence the "very near future" phrase?

[jackington] 04/10/2015 20:28

Probably true...I'd sooner wait it out until a factual result that is not based on speculation is announced...hang in there boys and girls the outcome is nigh!!!

[skez13] 04/10/2015 20:22

until judgement day...expect more of the same.

[loverat] 04/10/2015 19:38

I will say something about accountants. I have come across quite a few who post here but ask them a question about a balance sheet or to comment even more generally, you tend not to get a response.

I did come across a poster posting on a thread (not an accountant I understand) who pulled apart a balance sheet and demonstrated in depth and really clearly why a company was likely to go bust. It did, weeks later. His research was used in one of Lucien Miers articles (incidentally who also is a trained accountant)

I find the same with solicitors. They often tend to hide behind a few pompous words and their profession but some just don't have a clue and fail to apply their expertise to less familiar situations..