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Fund Manager Chris Bailey talks about an opportunist 2017 for investors


Oxus Gold PLC Share Chat (OXS)


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Oxus Gold PLC shares appear to be de-listed or suspended.


Share Discussion for Oxus Gold PLC


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wraith
Posts: 4,376
Observation
Opinion:No Opinion
Price:0.00
RE: next news
Tue 01:39
Yes, 12 Years is a long time,.... the conviction is described as a fabrication in this 11 Aug 2011 article ;-
http://www.telegraph.co.uk/news/worldnews/asia/uzbekistan/8695231/Uzbekistan-jails-former-metallurgist-at-British-mining-company-for-spying.html

This is from start of article:
A lawyer acting for Oxus Gold, the London-based mining company, described Said Ashurov's conviction as a fabrication and said that the Uzbek government was using him as a pawn in their battle to take control of a lucrative gold field in the Central Asian country.
"It's part of a general smear campaign," Robert Amsterdam, the Oxus Gold lawyer, told the Daily Telegraph before the verdict in a telephone interview.
"A witness has come to us and said that he'd been threatened if he didn't give a false testimony, which is fairly standard in Uzbekistan."
The Uzbek Foreign Ministry was not available for comment.

BW
 
CalmSeas
Posts: 334
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.00
RE: next news
7 Jan '17
Excellent find. Thanks for the update
lg.g3
Posts: 6
Off Topic
Opinion:No Opinion
Price:0.00
View Thread (2)
RE: next news
6 Jan '17
Next news:

Administration Progress Report – 8 December 2016
https://www.bdo.co.uk/en-gb/oxus-gold-plc
Page 3

1.....Gretton are seeking to enforce an award of $10,299,572 + interest against the Republic of Uzbekistan and are presently pursuing an attachment order over a business property registered in the name of the Republic of Uzbekistan in Switzerland. A decision of the Swiss court is expected in around 4 months.

2.....The main partial annulment decision is not expected from the Paris Court of Appeals until atleast early/mid 2018.

So next news around Apr 2017 and main partial annulment decision early/mid 2018.

If OXUS are successful in obtaining a partial annulment they could obtain a significantly larger award in a further arbitration.

If OXUS fail in obtaining a partial annulment then there is no prospect of funds becoming available to shareholders then,as we all know,its the end.
steve1969
Posts: 254
Off Topic
Opinion:No Opinion
Price:0.00
News
15 Dec '16
Good find. Who knows.

Thank you
mikebassetts
Posts: 748
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.00
RE: next news
15 Dec '16
good point..

2018 will come soon enough and hopefully we will get justice but what about this man's freedom?
Hope he is ok.
Kiwi_
Posts: 8,951
Off Topic
Opinion:No Opinion
Price:0.00
RE: next news
15 Dec '16
The very next news early / mid 2018

Wow, definitely bottom drawer again
Kiwi_
Posts: 8,951
Off Topic
Opinion:No Opinion
Price:0.00
RE: next news
15 Dec '16
2.6 if these funds (10 million plus 2% libor) are collected they will be due in their entirety to the litigation funder
Kiwi_
Posts: 8,951
Off Topic
Opinion:No Opinion
Price:0.00
RE: next news
15 Dec '16
Excellent find Wraith, I really hope this comes good especially for the long and forgotten employee that is still locked up
aimtitan
Posts: 784
Answer
Opinion:No Opinion
Price:0.00
RE: next news
15 Dec '16
all hope is not lost!!!
wraith
Posts: 4,376
Observation
Opinion:No Opinion
Price:0.00
View Thread (3)
RE: next news
14 Dec '16




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