Oxus Gold Share Discussion Threads

[pug151] 05/10/2015 09:40

You left out the VERY. - days / weeks imo

[wulber] 05/10/2015 09:38

Please could people not become too overoptimistic on the timescale for an award.

"in the near future" means different things to different people.

The OXS arbitration started over 4 years ago and could easily see us in to 2016!

[matthew palmer] 05/10/2015 09:36

GS I doubt they will do that,

Firstly there is not that much shares available to pick up quickly

Secondly they could have done that any time in the past

Thirdly to a goverment $1billion is a small amount of other people's money, as I have said in the past this is a small case and I think they are dragging this to the very end to see if it is better to agree settlement before decisions are made - what other cases are in the pipeline?

The only surge will come from insider dealing and I expect that to come from within Europe!

[marmar80] 05/10/2015 08:58

Which is fair

[donpatrol] 05/10/2015 08:55

In other words their isn't a snowballs chance in hell of any news leak before the official result is posted

[giant steps] 05/10/2015 08:55

Apart from GK/ashurov, there are plenty of other precursors.

Most obvious is regime have the news and go relentless in the market to get
Oxus shares to hedge against a huge claim,

If they (the regime) are after the shares then folk should watch for the
CLN hands, especially RAB specials.

End game in play

[donpatrol] 05/10/2015 08:54

On the subject of the third-party funding industry per se, Georges Affaki explains its characteristics as a financing business, including its rules, risks and limits, and discusses some rules of governance, posing various questions as a consequence of the Oxus Gold case. In a comprehensive overview of third-party funding as a financing industry, Selvyn Seidel, initially focuses on the distinct features of third-party funding in relation to international arbitration and urges on developing a record of experience, rules, regulations and guidelines. In a proposed way forward, he also identifies several issues that require early attention. Next, he analyzes the particularities of the investment decision based on the asset class (i.e. arbitration claims) and highlights the skills that decision-makers must have, or have available, in order to overcome its "daunting" character. In a new additional paper closely pertaining to the subjects dealt with during the morning sessions, Selvyn Seidel and Sandra Sherman, also bearing in mind the Oxus Gold case, stress the necessity of governance rules for the third-party funding industry in reply to concerns at two levels: first, the need to prevent and/or reduce the risk of illegal conduct by funders; and, second, the need of the funder to assure itself that the claimant has taken proper precautions against illegal activity.

[99jeremiah] 05/10/2015 08:34

I still don't get why we are not well over the 4.75p or so that we hit after cancelling Darwin (reached even while saying at the time that 'we look forward to working with them in future' thus leaving room for doubt that any conclusion was imminent)

[giant steps] 05/10/2015 08:27

Market will always want to try and shake a few sellers out in the opening hours
The key will be as the day progresses, close and total volume on the day.

With news in the very near future all eyes will be for the announcement.

(there may be some precursor indicators GK/ashurov to watch for on foreign news)

[dusseldorf] 05/10/2015 08:23

A.Fewbob - If a positive announcement was 'really' imminent we'd be at 6p+... Unless the update is carried under lock and key and tracked by Mi5, some people will endeavor to insider trade when the news is written, checked by legal and issued to appropriate channels, the price will swing one way or the other dramatically IMO before an announcement comes out

[pennys2pounds] 05/10/2015 08:23

Wrong so far Mathew Palmer.

If as in Rurelecs case, RS has been given a timescale then that would clarify his very near future comment.

I can't see this going down at all now until verdict is released.

[a.fewbob] 05/10/2015 08:16

Market certainly seems to believe we are about to get our result.

[kcowe] 05/10/2015 08:12

may be we are closer to an announcement that we believe," very near future" imminent!

[central] 05/10/2015 08:09

Cmmmmmmon the Ox!

[matthew palmer] 05/10/2015 08:01

Looks like no news, so I expect it to go down today

[pennyfalls] 05/10/2015 07:51

Aplindley - you present a bizarre paradox that goes against what you and I / all of us are here for.

You say that traders would cause a spike that would produce a false rise in price prior to Oxus getting the award, therefore we need a suspension.

But the "false" rise would present the best opportunity for all of us to make the maximum money out of this!

I don't understand your reasoning - we are not here for the nobility of Oxus and to see out a clean ending; we are here to make money.

let it TRADE in a free market.

[pennys2pounds] 05/10/2015 07:50

Big week coming up here. Expecting over 5p without news or sky's the limit with news.

Hold onto those tickets!

[arlington chetwynd talbot] 05/10/2015 04:39

But do you want this suspended? If not, then you have a conflict.

[loverat] 05/10/2015 04:35

Yes, Stig only calls for suspension if it suits the position he holds on a stock. In the past he has publicly written to AIM regulation demanding suspension on certain stocks - especially when market moves against his position. Be prepared that he might do the same here - should he need to.


The Stigologist
5 Oct'15 - 01:35 - 24628 of 24633 2 1

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).




The Stigologist
23 Jun'15 - 10:48 - 5971 of 5977 0 1

I have emailed AIM Regulation reminding them of their own rule book. TGL should be suspended for failing to deliver on RTO and thus Investing Policy.

[medauntouchable] 05/10/2015 04:15

Is there any chance we can keep the chatter on this board to a minimum....all these email alerts are making the Mrs extremely suspicious.....god knows how many email alerts will come down, if and when there is a positive result. What with renewing the passport last month and all.