Oxus Gold Share Discussion Threads

[dusseldorf] 08/10/2015 11:33

Giant steps, any chance of sticking one or more charts (like the below) in the header?

Everyone likes seeing chart progress, but they clog up the discussion view. If we have one clear chart, with :

[wilfy75] 08/10/2015 11:13

So a couple of days ago I shared my thoughts on the interim financials RNS and the fact that I couldn't find an explanation for (a) the very delayed timing of it and (b) the statement regarding "very near future", other than that the announcement really is imminent (which I would interpret as being in the coming week or so - otherwise I don't think that there would have been a good enough reason to hold off on the RNS until the last moment).

Now we have another fact which I've been adding to the mix. For the last month or so (I imagine) the company has been working with Darwin arranging the issuance of new CLNs. I'm sure that RS would far rather have included reference to this in the verbiage accompanying the interim financials rather than issue a separate RNS only a couple of days later.

Having heard RS say at the AGM that he wasn't going to be giving any further guidance of the potential timing of any merits and quantum announcement, there absolutely must have been something pretty solid to make him say what he did.

Adding in the new fact (the newly issued CLNs), I think that that would certainly have been another factor in delaying the RNS. If it were not for the "very near future" statement, I would say that it would be enough to be the only factor. My view now is that there were two factors which delayed the RNS, both of which were highly compelling.

For some time now we've been waiting to see how the company would fund itself with cash if it needed to. Now we have our answer. It would have been preferable had the information been released in a more thoughtful way (e.g. with the interim financials or with more of an explanation / a repetition of the confidence and timing statements etc) as handled the way it was it felt as through the CLN RNS represented some kind of dilution of the "very near future" statement. The reality, of course, is that it could not do so without being express.

I therefore remain on the edge of my seat for the coming weeks!

GLA. DYOR.

[marmar80] 08/10/2015 11:10

I would love to see some hedge fund / special situations company taking a small stake in Oxus.

[jnbrw] 08/10/2015 11:07

with over 40m shares traded (on both exchanges) in the 2 days since the last RAB RNS, could the last 12m be sold now?

[the stigologist] 08/10/2015 10:59

Expect to see us gap up to/straight through 4.00-4.625p

[the stigologist] 08/10/2015 10:58

Good call on the chart GS

[giant steps] 08/10/2015 10:35

Decks being cleared - a signal ?


06 OCT 2015 - Uzbek Security Official Put Under House Arrest

[the stigologist] 08/10/2015 10:16

Inching back above key levels. Should not take much for a whoosh now

[stonefold] 08/10/2015 10:16

I see RAB has been recently removed from the website's major shareholders page - but as they will still hold $6m worth of CLN should they not get a mention on the options and warrants page?

[marmar80] 08/10/2015 10:12

Fat, I hope you too

[fatmattress] 08/10/2015 10:04

I believe you will all do very well with this in the very near future

[the stigologist] 08/10/2015 09:21

Here you go using 55,233

[the stigologist] 08/10/2015 09:19

If the stock goes to 100p I think we will definitely get a Golden Cross :-p

[giant steps] 08/10/2015 09:19

BRV, if you pay attention to the 55/233 and refer
to feb 2015 you may see a comparable trigger point.

[dr darkstar] 08/10/2015 09:09

BRV .. the 50 sma could cross the 200ma in a matter of days; that it has not is certainly true

[giant steps] 08/10/2015 09:06

BRV, you are clearly not familiar with the golden section

edit:
"random ranges" - LOL ! they are most beautiful numbers if you like phi

[billyrayvalentine] 08/10/2015 08:57

...GS, 50 over 200 makes GC and it looks like averages used by you are taken out of thin air, unless you can explain to all of us, why do you use random ranges, tia.

[nick2412] 08/10/2015 08:51

Stephen1946, bless him, has pointed out that the wording in the interims statement is "blatantly misappropriated by the Republic of Uzbekistan" and not "blatantly expropriated" as I put in post 25244. As he rightly says, 'misappropriated' is a more serious claim with potential positive ramifications for any award if the arbitrators agree. Fair play to Stephen, in between some of his more eccentric posts he makes some good points.

[giant steps] 08/10/2015 08:49

Ready for the slingshot ?

[pamela nightingale] 08/10/2015 08:44

Hearing the outcome of this long arbitration coming to end with court announcement pending release.

[99jeremiah] 08/10/2015 08:42

Marmar - You said that on purpose. ;-)

[the stigologist] 08/10/2015 08:38

'First hour is retail'