Oxus Gold Share Discussion Threads

[apfindley] 12/10/2015 09:48

It means what it says.The independent assessors can't agree that the asset is worth (for example) $450mill to us, but then the panel award only $250mill.There will be some correlation between valuation from both parties to arrive at an agreed valuation. The panel with deal with the merits etc.If the panel say we have been wronged, then the agreed valuation will be paid in FULL, without doubt.The only thing which will set the final price (for the asset itself) is an agreement between all parties. Once that is agreed, that will be the figure and no less. I think this valuation is what's causing the delay.Yes it all sounds straightforward, as already known, but the point is, the panel have no option but to award the agreed valuation figure in full.From there, extras will be added by the panel, eg fees, interest, etc.

[deanroberthunt] 12/10/2015 09:46

CHARTWISE, 4.5P GOES AND IT'S BLUE SKIES TO 12P

[hairballradical] 12/10/2015 09:46

APF,

yes please clarify. It sound's like your experienced friend is saying that OXS will get what the arbitration panel award. But I'm sure you wouldn't just be saying that?

[dave444] 12/10/2015 09:45

In a nutshell, the panel with have no alternative but to award the full value of the asset that was expropriated. This is the case for Amantaytau, but possibly not for Khandiza. The value will have to be awarded in full, but will have to be proven and quantified through the arbitration.
Basically, if the process can prove the value of Amantaytau, then we will be awarded in full.

Pretty clear english to me!

It may also be the reason why Khandiza has a last resort of restitution and AGF does not.

[wilfy75] 12/10/2015 09:39

APF - I'm not quite sure of your point. Are you saying that (assuming that we win on the merits), your arbitration friend has informed you that the panel must award us the damages they conclude are payable?

Isn't that a statement of the obvious? Presumably you are not suggesting that your friend has concluded that every penny claimed in respect of Amantaytau is payable. That is presumably what you say the arbitrators will quantify?

Would just like to understand exactly what you're saying.

[marmar80] 12/10/2015 09:27

Thanks Apf. Morning All.

[giant steps] 12/10/2015 09:27

Very exciting times ahead, looks like the start of a re-rate to double digits imo
(no advice intended)

[dave444] 12/10/2015 09:26

AP -Good to hear!

[tburns] 12/10/2015 09:15

Tick, tick!

[kcowe] 12/10/2015 09:11

well i got that wrong... yes i hold from an age ago

[tracy_moore] 12/10/2015 08:17

Have you bought in yet kcowe ?

[kcowe] 12/10/2015 08:08

Looks like the intra day flag has collapsed.

[deanroberthunt] 12/10/2015 07:44

you said 11 days 2 days ago ?

[giant steps] 12/10/2015 07:43

In the very near future

... 12 days and counting


Tick tock

[thehitman1] 11/10/2015 23:10

Back to Oxus, holding loads, good news soon.

[the stigologist] 11/10/2015 23:01

Looks like the Uzbeks are readying their next victims.

[festario] 11/10/2015 22:33

Papillon, just ignore them.

[papillon] 11/10/2015 22:17

At least OXS is NOT a fancy company, Linslader. It's a genuine company with a genuine claim for compensation from that evil Uzbek regime.

[papillon] 11/10/2015 22:16

You said you had filtered me, Linslader. You're a liar as well as a greedy fantasist swine who takes the name of those who "laid down their lives" in vain. Fancy bringing up the past sacrifices of others to justify your investment in a fantasy company. You're beneath contempt.

Pompous twerp. You deserve to lose the money you invested in WRN because I've been reading about the people behind it for many a year in Private Eye. They give capitalism a bad name as do it's investors. The LSE should be ashamed of itself for not de-listing such companies.

[papillon] 11/10/2015 20:14

LOL. Tracy. Your money Tracy. If you gambled it on the likes of WRN that's your hard luck.

So Linslader believes that "people laid down their lives" so he could gamble on the stock exchange? Despicable! They laid down their lives for freedom NOT for the freedom of Linslader to gamble on shares.

The arrogance of Linslader!! The little twerp actually believes that people laid down their lives so that greedy little toe-rags like him could make their fortune by gambling on the likes of fantasy companies such as WRN on the stock exchange. Amazing arrogance. I don't think those who sacrificed their lives did so for him to dabble on the stock market; it's people like him who give capitalism a bad name.

Copperwindows93 doesn't me so how can he accuse me of being bullied at school? LOL. He proved he's a fantasist by making that up without any proof whatsoever.