Oxus Gold Share Discussion Threads

[giant steps] 15/12/2015 11:34

Shead has done an excellent job to get us fighting for just compensation

Verdict news beckons

[kcowe] 15/12/2015 11:09

rossannan.... I would seriously hope that RS and the lawyers communication skills are somewhat north of where you imply.

[kcowe] 15/12/2015 10:52

There was just wishful thinking on behalf of our lawyers and RS believed in them lol

[riskier] 15/12/2015 10:48

There is no delay, the arbitrators have never given a deadline.

[marmar80] 15/12/2015 09:57

I said this before, the delay is likely caused by international investigation against Karimova

[papillon] 15/12/2015 09:56

I have no idea why, kcowe.

Patience required. The verdict will come one day, be it before the end of 2015, before the end of 2016, or even before the end of 2017! LOL. I only hope that when it comes the original arbitration panel and I are still alive! Fingers crossed! LOL.

[kcowe] 15/12/2015 09:54

rossannan.... your use of wishful thinking by our lawyers....what you smoking .. If I had lawyers that indulged in wishful thinking like that I would not continue to do business with them.

[big_brown_bear] 15/12/2015 09:31

So what is being arbitrated over. http://icebergshares.blogspot.co.uk/2015/02/oxs-whats-being-arbitrated-over.html

[kcowe] 15/12/2015 09:30

If so pap... then why is RS taking poor advice from lawyers who let him down before.

[papillon] 15/12/2015 09:04

heaven above. You have missed the point of my post. My point was if the arbitrators had given him that "very near future" advice he would have been required, by AIM rules and regulations, to mention that fact, as RUR did, in an immediate RNS. The fact that he never mentioned that the "very near future" advice came DIRECTLY from the arbitration panel means that it didn't.

[marmar80] 15/12/2015 08:05

Good morning All

[giant steps] 15/12/2015 07:59

Good morning maytrees

[maytrees] 15/12/2015 07:59

Good morning GS and all

When the OXS outcome is known- 2016!? - doubtless there will be the "I told you so" brigade if the case is mainly lost. If the case is largely won long termers at least will have cause to celebrate.

[heaven above] 15/12/2015 07:32

papillon 14 Dec'15 - 23:02 - 30334 of 30335


"If the arbitrators had given him that advice then I believe that, like RUR, he would have had to mention that fact in an RNS. As he didn't I'm assuming"


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He did mention it in an RNS. (very near future) The interim report. There is no requirement to issue a separate RNS for it.

The natural assumption is the info was derived from official channels, either directly or indirectly via lawyers.

Hope this helps.

[shakin not stirred] 15/12/2015 02:57

I thought the lawyers gave the very near future advise if I remember correctly. I can feel it coming in the air. Late Christmas shopping.

[papillon] 14/12/2015 23:02

RS said the verdict would be given by the end of 2014 in May 2014, kcowe. He was wrong. I presume his advisers got it wrong. It's possible that his advisers could have got the "very near future" wrong as well? We don't know who gave that "very near future" advice to RS. If the arbitrators had given him that advice then I believe that, like RUR, he would have had to mention that fact in an RNS. As he didn't I'm assuming the "very near future" quote wasn't based on any official advice from the arbitrators. Possibly just another guess by his advisers? However one thing is certain; the verdict will come one day! I'm patient; I have no option if I'm waiting for the verdict.

[kcowe] 14/12/2015 21:26

Pap..... If RS doesn't know.... why the very near term statement. He must have a very good idea if not, the near term statement holds no water.

[jackington] 14/12/2015 21:26

Just for reference:

hxxp://www.preciousmetalstrading.org/article/563194926/-oxs-whats-being-arbitrated-over-/

May be of interest posted on LSE earlier!

[wulber] 14/12/2015 21:15

RossWell of course, Stern defended the state, but very important that it was OXS's also opposite arbitrators of the case and also very recent, in 2015 and they AGREED on 1/3 of the higher dcf presented PLUS loaded value from delay of expropriation.I think some maybe surprised at the outcome here.LIBOR + 2% puts the claim at c.$1.5 bn, deduct $50mn calunius divided by current value and no of shares = well over 40p a share

[the stigologist] 14/12/2015 18:34

Consolidating in between 50 and 200 day MA's

[papillon] 14/12/2015 18:13

We just don't know when the arbitration verdict will be issued. It's my opinion that RS doesn't know either. We'll just have to be very patient. No other course open to us if we are holding for the verdict.