Oxus Gold Share Discussion Threads

[big_brown_bear] 04/12/2015 10:41

Whilst we know all of the above it does beg the question as to why we are at 3p quite bizarre. Many here are focused on outright win when a very favourable settlement win will still bring big reward from here, Still Very confident at the moment.

[big_brown_bear] 04/12/2015 10:36

"But there is value to be found in the arbitration process. Oxus is currently involved in arbitration proceedings and a compensation claim related to the loss of the Amantaytau Goldfields and Khandiza mining assets. The two fields are located within the Republic of Uzbekistan, and the company is pursuing arbitration proceedings against the regional government. Unfortunately, these arbitration proceedings are dragging on, but Oxus believes that it is entitled to damages of up to $400m. Management is confident that the arbitral tribunal will rule in its favour although, whether or not the company can remain solvent until a decision is announced is another matter. Oxus is facing a cash crunch. The group was forced to issue 83k new shares to pay its Nomad for three months work back in July and has since signed a convertible loan note deal with Darwin Strategic Ltd for a total of £1.2m. Still, even if Oxus is only awarded 25% of the compensation management believes the company deserves, (around £70m) Oxus' shares could jump to 12p. "

[karateboy] 04/12/2015 09:43

One thing ' very near future' did pushed the share price higher to persudae Credit Note Holders to convert their notes to shares and remove threat posed by Note holders by end of the year where these credit notes were due. I am hoping that the international court try to clear their beck logs, one being OXS case by end of the year. However these courts are really shambles and we have no one to complain to. They have no accountability to any one but to themselves!

[kun aguero1] 04/12/2015 09:30

J.H. bid can be 1p, ask 1.2p, nothing changes. We await result.

[john henry] 04/12/2015 09:24

Bidding 3.1p

[kcowe] 04/12/2015 09:22

Where are the arb results........ thought Mr sheads word was something one could rely on?

[john henry] 04/12/2015 09:16

Papillion the ultimate driver of price is Supply demans ( Volume. This will drive the moving averages.

Has got nothing to do with calculations.

[giant steps] 04/12/2015 09:15

pug151, are you thinking the 10K ticklers and deramping crew are manipulating ?

[giant steps] 04/12/2015 08:56

Good morning maytrees

[pug151] 04/12/2015 08:55

It is interesting that the sudden arrival of the deramp brigade over the last couple of days was followed by small sells and a £30k buy which perhaps mopped them up. It does not matter in anyway of course but it is interesting to see how this market appears (to me ) to work. Quite happy to be challenged on this if anyone thinks this is a daft observation.

[maytrees] 04/12/2015 08:44

Good morning GS and all

Perhaps BB investing comments will seem rather tame for a while once the OXS outcome is known.

More seriously the international arbitration community does need to get its act together and speed its processes up. Slow justice can sometime prove to be no justice at all as might have the case for OXS if it had not secured further funding.

[giant steps] 04/12/2015 08:15

Hope folk don't object to a simple chart, daily prices only from august

[papillon] 04/12/2015 07:42

You are WRONG, JH. MACD is an indicator based SOLELY on Moving Averages. Volume is not involved in the calculation of MACD. The calculations are based on the closing prices.

Where did I state that the MACD drives volume and price?

[john henry] 04/12/2015 07:27

Papillion, i think you forget that it is volume and price that drive the MACD.

Not the MACD driving volume and price.

[papillon] 03/12/2015 23:57

Holders of oilers like CAZA, HAWK & ROSE can't have much of their original investment left, westie, looking at the difference between their current sp's and their sp's a year ago. You could be correct though.

I suppose a sub US$40 will hasten the end of the likes of CAZA, HAWK & ROSE.

I'm praying we get the OXS verdict before the end of the year. Surely a decision must be forthcoming soon?

[westmoreland lad] 03/12/2015 23:03

Paps --No OPEC agreement to cut oil production tomorrow will result in a rush of
money into the likes of here. As I said on the PVR bb, most up stream oilers with no cash and a burden of debt have a serious problem.

[papillon] 03/12/2015 21:51

I don't know whether you will get your wish, westie, for a sub 3p top up. The OXS share price was sub 3p for a few weeks at the end of July/early August, so you could be lucky. However the state of the MACD indicator suggests you might be unlucky. Also my reading of the tea leaves makes me feel we may have bottomed. bwtfdik?

[westmoreland lad] 03/12/2015 21:11

Paps -- need this a touch below 3p for a mega top up and happy retirement !

GL

[papillon] 03/12/2015 21:09

"Grow up, its BOTH a buy AND a sell, that's why it's called a trade."

Not true, DrFinlay'sCasebook. Irrepective of whether it was a buy, or sell, the other side of that trade was probably an accumulation of many smaller trades.

[papillon] 03/12/2015 21:06

DrFinlay'sCasebook, you make me laugh. So much noise about a 900k trade!! LOL.

[papillon] 03/12/2015 21:02

"900k delayed buy at 18.13 promising."

Nurse couldn't find her reading glasses, Jamie Vardy, so I've used my high resolution magnifying glass to read your post again and I stick by my comments contained in post 29701.

Thanks for that Dr DarkStar. So it was an MM trade.

[apfindley] 03/12/2015 20:55

Lol you guys make me laugh. So much noise about a 900k trade.It's a buyIt's a sellGrow up, its BOTH a buy AND a sell, that's why it's called a trade.Anyway I said an order was being worked didn't I.Keep up with the game..

[kun aguero1] 03/12/2015 20:29

PAPOLION, read my post again or get the nurse to do it.

[dr darkstar] 03/12/2015 20:23

Pap I thought OK was merely an indication that it is a delayed trade