Oxus Gold Share Discussion Threads

[the stigologist] 25/11/2015 09:43

Above chart uses EMA, the below SMA you can see the 50 day SMA is rising rapidly and providing support

[giant steps] 25/11/2015 09:42

+56 days and the
very near future
statement appears
exhausted

[the stigologist] 25/11/2015 09:41

Lovely setup

[nick2412] 25/11/2015 09:09

rossannan, the average number of home goals scored by premiership teams is 1.26 against 1.12 for away sides. Therefore Bournemouth are likely to beat Aston Villa 1.26 goals to 1.12.

Not trying to be clever here, but the point is that it's far too simple to say 'expect one third' of the claim as it's the average dished out. Just as football result averages are made up of things - like Chelsea conceding five and all other sorts of variations - it's the same in the world of arbitration awards.

The only thing to do is to look at factors that are in the public domain and reach a personal opinion and level of expectation. Then tell yourself that you are wrong.

The Ernst and Young DCF valuation range is outdated so those who upgrade it have a point. Likewise you'd expect the Uzbeks legal / valuation to be able to come up with factors that justifiably discount it either slightly or vastly. Also, some panel decisions have favoured a comparative company valuation over DCF as a primary means of valuation.

I think there will be an award but I have no idea of whether it will be at the lower end, upper end or in the middle. Unless, we are privy to all the arguments we can't estimate with any credibility what the figure (if any) will be.

All I would say is that your regular posts suggesting holders should expect one third of any claim are way too simplistic. It's of no more value than those who suggest a $1b award or those that say there will be no award.


There again, perhaps you are right and these elderly arbiters just go down the pub and say come on lads (and lasses) let's eek this out for a bit (three or four years should do), put out a few hundred pages of boring legal text and then we can do our usual one third award at the end :)

[marmar80] 25/11/2015 09:01

Maybe he only passed this what he heard from the Uncitral?

[jaf1948] 25/11/2015 08:54

This is the business world. If a businessman says the report will be ready 'in the very near future' or payment will be made 'in the very near future', that means days not 7 weeks (and counting).

Like many others, I have great respect for RS - he has done very well getting us to here. But it is time for the apologists to stop and accept that he has made his second error of judgement.

[maytrees] 25/11/2015 08:40

I'm still of the view that by November 30th will see the decision though will wait as long as it takes

[marmar80] 25/11/2015 08:36

You can extend it of course. My near future ends with January.

[kcowe] 25/11/2015 08:32

Why not say end of feb too lol.... 2017 FOR GOOD MEASURE.

[marmar80] 25/11/2015 08:31

Give him a dose of credit and time to the end of year or end of January

[marmar80] 25/11/2015 08:30

Give him a dose of credit and time to the end of year or end of January

[kcowe] 25/11/2015 08:27

A responsible ceo would keep his gob shut... twice he has done this.

[giant steps] 25/11/2015 08:23

Good morning maytrees.

[giant steps] 25/11/2015 08:22

kcowe, creeping expropriation is a complex matter, huge claim, huge potential,
verdict beckons, and a signal "in the very near future" has been given.

[maytrees] 25/11/2015 08:20

Good morning GS and all

hopefully even gangster states pay up if they lose!

[kcowe] 25/11/2015 08:14

how many days now GS.... nearly there yet ..... anyone ever believing a ceo on aim needs their head looking at lol.

[giant steps] 25/11/2015 08:13

#note4gs

25 NOV 2015

Swedish Prosecutor Characterizes Uzbekistan as “Gangster State”

[giant steps] 25/11/2015 08:04

While it's quiet ...

[jaf1948] 25/11/2015 08:02

'Fool me once, shame on you; fool me twice, shame on me.'

[wulber] 25/11/2015 07:28

The top end in 2012 was $1250 million PLUS dont forget 4 years of gold production.I would say c.$1500 million, so a third would be a 10 bagger from here!

[davisc5] 25/11/2015 00:10

Also from LSE, RE Gold Reserve Inc....


So they were awarded $740 million, I had a poke about to see what they were originally after and it aint too hot if you are comparing against Oxus...

"Gold Reserve has presented evidence to support its claim for restitution as last updated in its Reply dated July 29, 2011, of approximately $2.1 billion, including interest"

So a 3rd of what they were originally after, compare this to RS's no less than 400 million, is this why we are stuck at 4p?

[papillon] 25/11/2015 00:05

Here's the proof that charts CANNOT forecast the OXS arbitration verdict. Posting charts is a complete waste of time. Just wishful thinking, I'm afraid.


free stock charts from uk.advfn.com



free stock charts from uk.advfn.com

[papillon] 24/11/2015 23:49

Copied from the lse OXS bb.

Schofield
Posts: 868
Observation

Opinion: No Opinion
Price: 4.00
Bedtime reading Today 22:14



PS. With regard to Stig's charts, Nick, I don't believe that any OXS charts (including mine!!) can foretell the verdict of the arbitration panel. In fact from the charts of ARMS and RUR, for example, the day before their arbitration verdicts were announced I should say the converse might be true since the ARMS chart was decidedly BEARISH the day before their verdict was announced whilst the RUR chart was decidedly BULLISH the day before it's verdict was announced!! Of course after their verdicts were announced the ARMS share price spiked up and closed up around 500% on the day, whereas the RUR share price closed well down on the day (around 35% down). All charts do is show current investor sentiment towards a share. Investors can get it wrong! Of course if there was a leak from the arbitration panel then the charts could well indicate the verdict in advance, but I can't imagine a leak occurring; leaks obviously didn't happen with ARMS & RUR.