Oxus Gold Share Discussion Threads

[giant steps] 09/10/2015 08:05

Start of the flagpole re-rate to double digits ?


edit:
RAB specials may have sold stock but they are owed $6M (convertible @12p if desired) by Oxus

[goodbloke1] 09/10/2015 08:02

Just can't understand people selling when news can come anytime

[jungmana] 09/10/2015 07:40

Now that RAB are out i will not be surprised to see 10p here before the big news.Gla

[nuffsaidok] 09/10/2015 07:24

OXS multibagger potential with Calunius providing $6.15 million of funding to date on a no win no fee basis and the directors remain confident that the Arbitral Tribunal will, in the very near future, rule in the Group's favour and that fair compensation will be awarded. RAB are winding down their funds and there was news yesterday that their OXS holding causing an overhang is nearly gone. Contingency funding arranged if required at a favourable rate in case any potential award takes time for OXS and its legal team to recover from Uzbeks.



Update on Arbitration

The Group currently awaits the decision of the Arbitral Panel with regard to the merits and the quantum of the UNCITRAL arbitration claim against the Republic of Uzbekistan, the arbitral hearing having taken place in Paris in late April / early May 2014.

Litigation funding agreement

The existing arrangement with a litigation funder to support the Company's arbitration through non-recourse funding of legal and related fees arising from the arbitration process remains in place. At 30 June 2015, the Company had received $6.15 million of funding, which is only repayable upon the successful outcome of the arbitration.

Outlook

The directors remain confident that the Arbitral Tribunal will, in the very near future, rule in the Group's favour and that fair compensation will be awarded for both the AGF and Khandiza mining assets, which were blatantly misappropriated by the Republic of Uzbekistan. In this respect, the Board will continue to take whatever steps it deems necessary to ensure the return of value to the Company's long-suffering stakeholders.

[paule3] 09/10/2015 07:23

GS are spaces not characters too?

I think some are "spaceists" here. I will be taking this up with my ASCII consultant.

[giant steps] 09/10/2015 07:20

In the very near future

... 9 days and counting


Tick tock

[giant steps] 09/10/2015 07:19

O/T

ACT, i seem to recall folk considered #25256 to have random ranges
so it's probably unsuitable for this thread.

It's all about the verdict, merits and quantum, and price in response.

A binary bet.

[arlington chetwynd talbot] 09/10/2015 02:20

GS,

You posted a lovely big volume chart in post 25256. Is it really too much to ask for you to pop it in the header?

[marmar80] 09/10/2015 02:07

Sorry I'm repeating myselsf, after a few jars but for those who missed I'd say that 12p is possible before the news in case of CLNs conversion at full price. RAB would be happy, OXS happy and existing shareholders happy too. Door open to the verdict that would open the door to 50p. Good night to some or happy Friday to All.

[skez13] 08/10/2015 22:08

Noirua 8 Oct'15 - 21:39 - 25421 of 25421 0 0 (Filtered)

[noirua] 08/10/2015 21:39

GS, need to concentrate as many have fallen off the roller coaster, so far so good but only holding 400k stock into Friday; imho, 6p is still a good gamble price.

[papillon] 08/10/2015 20:54

free stock charts from uk.advfn.com

[justanothergoodinvestor] 08/10/2015 20:49

All set for further rises tomorrow. Good luck all

[papillon] 08/10/2015 20:47

For what it's worth the OXS Ichimoku Kinko Hyo chart continues to be Strongly Bullish and has been Strongly Bullish since the 30th September when there was a Kumo Breakout when the share price was 3.450p.


free stock charts from uk.advfn.com

[giant steps] 08/10/2015 20:00

O/T

tro1l, kindly keep it polite and on-topic; thank you.

[giant steps] 08/10/2015 18:50

Noirua, traders are certainly making a roller-coaster ride for themselves

[noirua] 08/10/2015 18:43

Stock is proving to be a good traders play so far, of late. Always the risk of not having enough stock on the big day however. Some smiling faces around.

[the stigologist] 08/10/2015 17:47

Weekly chart should look very good by end of play this Friday setting up for some crazy moves in the the weeks ahead

[maytrees] 08/10/2015 17:44

That 1.9m trade at 3.41p timed at 11.08 was presumably the end of the RAB holding?

[big7ime] 08/10/2015 17:13

Haven't you dumped your shrs yet Stig?

[festario] 08/10/2015 17:05

Oh dear.... Blueball / Cueball / Steven1946

[the stigologist] 08/10/2015 17:05

Nice one blueball. I am sure many would welcome another chance for a Darwin top up. Once this is released from the short term technicals and can trade closer to fundamental value it should be 10p+ rather than 4p. 10p+ with a chance of 50-100p. You don't get many of these sort of opportunities in the markets.

[blueball] 08/10/2015 17:01

Sell before the placing.