Oxus Gold Share Discussion Threads

[donpatrol] 01/12/2015 15:38

More shares and warrants due to be printed "in the very near future" lol

[riskier] 01/12/2015 15:29

I'd love to know how the NOMAD allowed 'very near future' to appear in the RNS.

[central] 01/12/2015 15:01

I'd love to know what or who prompted the very near future comment..

[donpatrol] 01/12/2015 14:50

This could easily take another 4 years+ too

[noirua] 01/12/2015 14:46

This court case has taken over 4 years to be heard in the Singapore newly set up International Commercial Court.
S$1.1b ($800m)dispute is first case heard

[sos100] 01/12/2015 14:43

rossanan-that's the same case you keep digging out especially when the share price is on the slide..
The yukos case took 18 months from there final hearing,Khan resources took 15 months, rur took 9 months etc etc

the results can come anytime so it would be best to stop second guessing for your own motives...

[shakin not stirred] 01/12/2015 14:42

Disagree with Rosanne and believe it will be before Christmas. Believe that the final decision is being perused by our lawyers hence why the statement of very soon. or thereabouts.

[papillon] 01/12/2015 14:42

The OXS chart is not looking good (sp is currently below the lower Bollinger Band and the 50 day EMA acted as resistance today), but then the chart is only recording current short term/trader investor sentiment towards OXS. The chart CANNOT predict when the arbitration verdict will be announced or what the outcome will be, no matter what Stig may say to the contrary. I will continue to hold even if we don't get the verdict before 2016.

It's obviously a very complex case and as another poster has mentioned today OXS may even be discussing a settlement with the Uzbeks. We just don't know. I believe OXS to be a potentially very rewarding investment, but don't bet more than you can afford to lose.

Patience is required. Something in short measure these days.

[kcowe] 01/12/2015 14:40

been feeling that for a while john henry.

[kcowe] 01/12/2015 14:34

rossannan...we have no reason expectation before xmas.... those timely used words that got us all so excited at first had us believing it would end before xmas...

[festario] 01/12/2015 14:33

The chart, such as it is, is pretty much wrecked now. So lets have no more mention of graphs and TA please, its a nonsense. PLEASE!

[john henry] 01/12/2015 14:33

"Very Near Future" was a pump the share price exercise imho

[john henry] 01/12/2015 14:30

SP falling imho because RAB and Darwin are still dumping into a market that now has no desire for stock.

[thehitman1] 01/12/2015 14:26

I am thinking like everyone else above and say again, £1.45 soon, trust me.

[kcowe] 01/12/2015 14:22

Im thinking like you kun aguero

[donpatrol] 01/12/2015 14:21

Pity those peeps that got duped into buying at 4p while the likes of nobull &co. were selling. No doubt they will return again when this drops back sub 2p

[kun aguero1] 01/12/2015 13:34

Which has been my opinion shakin, icsid and uncitral run a gravy train for the elite.

[shakin not stirred] 01/12/2015 13:17

kcowe. Cannot believe in a higher political level re east and west. However I could believe that we are negotiating a price for a quick settlement from the uzbeks. Plus we could in effect play an ace card in which Oxus do not name the amount except to say that we will receive a dividend worth x or y so that the uzbeks can save some face in this matter and we accept immediate payment for full amount in exchange for silence re certain particulars of the award and its merits. If international arbitrators seem to take an inexplicable length of time in deciding cases they will in effect sway companies not to progress as companies lose faith in the process. Maybe some other system of justice which is more effectual and speedier will replace the current international judicial system of arbitration. DECEMBER OR NO JUSTICE WILL HAVE BEEN DELIVERED IMHO.

[kcowe] 01/12/2015 12:35

good post shakin...... may be there are political motivations in the delay to an award, looking at the political environment, tensions between east and west.May be everything is managed to a higher political end...even the tribunal and award.

[kun aguero1] 01/12/2015 12:20

excellent post shakin.

[shakin not stirred] 01/12/2015 12:15

none us have a clue. Except that the longevity post decision being made has gone on for a length of time that would have suggested that Oxus has won the case and that sufficient time has past to evaluate the full scope of the claim and deliberate all monetary points and other factors in deciding the quantum of the award. Difficult to understand why the delay in announcing the verdict. I am certain that some investors will have died waiting what now seems a slightly unjust length of time to announce a verdict on what seems clear cut misappropriation and govt manipulation in the wrongful seizing of property belonging to OXUS which gave them no alternative except to claim force majeure. All is IMHO and in order to protect the integrity of international arbitration cases they need to announce the decision this year. If not they risk seeming inept and any victory due to length of time will seem totally ineffectual and hollow. They are doing nothing to help companies regain lost profit and momentum when expansion would have lead to a much increased share price. Whilst they must be extremely thorough in assessing all points of quantum which are numerous and many in this case be it gold production potential/actual, price of gold over the lost revenue years or taxes that need to be paid plus amounts due for none tangible interference and incarceration of employee. I am presuming that the lawyers have the decision documents and that we are awaiting the lawyers perusal of the case findings and ultimate quantum. We may even be trying to agree a deal for quick payment of award. If justice is to prevail in this case then a Verdict must be announced in 2015. I expect justice to prevail.

[kcowe] 01/12/2015 11:16

which are unexplainable lol...