Oxus Gold Share Discussion Threads

[maytrees] 20/11/2015 15:53

If OXS succeed and it remains a big 'if', the co could well declare a special dividend to marry the damages award with the shares.

When this possibility was raised above (I recollect)
the possible difficulties in enforcing payment from
Uzbekistan were mentioned as an obstacle.

In fact as Uzbekistan is a member of the international tribunal whose judgments against members can be enforced by eg freezing of assets around the world and as Uzbekistan is keen to expand its international investment/trade illustrated by recent trade fairs etc I don't see that as an insurmountable problem.

Certainly such a special divi might assist RAB which is after all still a large OXS holder.

[riskier] 20/11/2015 15:47

Here nearly 4 years (5 Jan 2012), seems like (much!) longer. Hope for settlement soon, and justice for Said.

[nar1] 20/11/2015 15:39

7th year of holding here too. Be happy to BE and get out.

[dumbo4] 20/11/2015 15:32

Especially Said Ashurov, Fest. We've spent the last 5 or so years dreaming about all the money we're going to make. He's been stuck in an Uzbek jail.

[melodrama] 20/11/2015 15:32

I also spare a thought for you Fest, you will need a new Hobby pretty soon, what's it gonna be? Collecting old Aston DB's ? We win. Working part time at B&Q , we lose ;-)

[festario] 20/11/2015 15:15

As I approach my 6th anniversary of holding OXS, I pause to spare a thought for the current and previous employees of the company!

[wulber] 20/11/2015 15:08

With the recent excitement, think next week could be the decider, but wtfik!

[the stigologist] 20/11/2015 15:05

looking good

[medauntouchable] 20/11/2015 15:02

For the love of, well anyone, please let it be good news for us.....and if possible let it be in the very near future.....today or in the next 7 would be very, very, good......c'mon RS bring home the bacon.

GLA.

M

[tony_currie] 20/11/2015 14:39

From Pettycash conversation with RS earlier this week.

Out of interest this is pretty much verbatim what was said about the "very near" future in the conversation I had:

I asked whether Mr Shead had used that phrase because a) We are in the median/mean time from an Arbitration Panel meeting to concluding, so basically the statement was based on past case lengths ..or b) They had been told something specific that it was going to be in the very near future..

and he said "The latter"...which I confirmed as being being b)
He also used to word "imminent"..

My comment :-

This fits with regard to what Richard would be allowed to put in a RNS.

[noirua] 20/11/2015 14:31

Appears to be a buyer or two picking up stock around 4p level. May be building for a move after consolidating for awhile.

[melodrama] 20/11/2015 14:31

approx £21k worth just hoovered up in the last minute or so, 210k in shares at 4.00 and were some 150ks at 4.00 earlier today, so a buyer at 4.00 is about

[kcowe] 20/11/2015 14:30

some is dumping again ... the strength is being sold into.

[evil_doctor_facilier] 20/11/2015 14:12

Really pug, and what part of my post today or previous posts dating back weeks explaining Rab where selling is incorrect then?

[justanothergoodinvestor] 20/11/2015 14:04

could be return of the paris rumour?

[riskier] 20/11/2015 14:01

#28555 - make mine milky, with 2 sugars please...

[weegeordie] 20/11/2015 13:45

It's my tea!

[78steve] 20/11/2015 13:44

Looks like some thing brewing

[weegeordie] 20/11/2015 13:43

sp above 4p - haven't seen that for a while!

[davius] 20/11/2015 13:40

RAB staying put for arbitration decision would be my guess, highly encouraged to see that they still hold 55m shares, latest 250k sale probably just for admin expenses.

And even if they do vote to wind up it will take months to complete, talk of them dumping 55m shares and crashing the share price is scaremongering nonsense.

[wulber] 20/11/2015 13:00

If they've had the heads up from the OXS BoD re: "likely" outcome and timing of an award, then it makes no difference on their past performance.

Information is king.

Don't forget they were at one time the darlings of the City and couldn't put a foot wrong!

[marmar80] 20/11/2015 12:26

Yes, but have you checked their investment decisions and fund performance?

[mudskipper73] 20/11/2015 12:16

RAB are a going concern, money's money after all got to preserve what's left.If OXS lose, who are the dummies

[marmar80] 20/11/2015 11:48

4. As usual they don't know what are they doing

[apfindley] 20/11/2015 11:46

There are three options only for why theyve reduced by a piddly 250,000 shares only.1: they are reducing, but are strictly set at 4p, and there haven't been many trades at 4p+ for them.2: they are a cash strapped fund which is winding up in a couple of months, and the sale of 250k shares would bring them a little under £10k, which could possibly be for some corporate expenses.3: they've sold a few to trigger an rns, just to prove to PI's that they are still holding a substantial number of shares.The most likely by far is 1The least likely by far is 3.