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Oxus Gold Share Chat (OXS)



Share Price: 2.05Bid: 2.00Ask: 2.10Change: 0.00 (0.00%)No Movement on Oxus Gold
Spread: 0.10Spread as %: 5.00%Open: 2.02High: 2.05Low: 2.02Yesterday’s Close: 2.05


Share Discussion for Oxus Gold (OXS)


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granto
Posts: 351
Off Topic
Opinion:No Opinion
Price:1.94
Vascular
26 Aug '14
Just shows the pattern ! I am going to take another slice today
 
Vascular
Posts: 1,784
Off Topic
Opinion:No Opinion
Price:1.94
View Thread (4)
And so it goes on...
26 Aug '14
In Post-Gulnara Uzbekistan, Another Russian Firm Targeted for Assets Grab.

At least this post is a bit more recent . dated 30th July 2014.
Apologies if already posted.
http://www.eurasianet.org/node/69271
Vascular
Posts: 1,784
Off Topic
Opinion:No Opinion
Price:1.94
I'm sure some of the
26 Aug '14
regulars on here have already read this, and seen the Notice of Arbitration posted on this BB before, but for any one new...this document dated 2011 ( I think) .....is something to read as we wait for a decision . GL

http://www.italaw.com/sites/default/files/case-documents/ita0589.pdf
granto
Posts: 351
Off Topic
Opinion:No Opinion
Price:1.94
lawyers
26 Aug '14
they work twice as hard when they are on commission , it really was the best solution , lets hope it pays off,
johngilchrist
Posts: 3,779
Off Topic
Opinion:No Opinion
Price:1.94
View Thread (3)
RE: john
26 Aug '14
I know that 30% seems high considering the £7m or so legal outlay so far, compared against the likely awards, but it looks the lesser evil compared to other funding options like Equity Funding Agreements or Loans.

Shame it couldn't extend to our other costs, which have put constant downward pressure on the shareprice. Companies like Darwin, Bergen and YA Global seem broadly detested by pi's, but the reality they have helped many low cap companies stay afloat during cash strapped times like these.
jiimbo
Posts: 318
Off Topic
Opinion:No Opinion
Price:1.94
View Thread (3)
RE: john
26 Aug '14
I would have to agree with you on that one :)
granto
Posts: 351
Off Topic
Opinion:No Opinion
Price:1.97
View Thread (3)
john
26 Aug '14
yes thats how it would go I imagine, the way I am thinking is if this team gets this across the winning line, they are welcome to 30% of the award…..doubt any shareholders will grumble. I'm not normally fond of lawyers lining their pockets but happy to make an exception here.
johngilchrist
Posts: 3,779
Off Topic
Opinion:No Opinion
Price:1.91
View Thread (2)
RE: here ya go - found it
26 Aug '14
not a straight line, as there will be a cap and a sliding scale. i..e the larger the award, the lower the Calunius cut. The lower the higher rate, but with a cap so that the payment can't exceed the award.
granto
Posts: 351
Off Topic
Opinion:No Opinion
Price:1.91
downside
26 Aug '14
for the me the downside will be zero. The Uzbeks will most likely in the scenario be granted costs, which could run to 10million no problem. If things go wrong, it's straight into the lifeboats for me, I'll take whatever is going regardless of how small the price. it's really abandon ship at that point.
granto
Posts: 351
Off Topic
Opinion:No Opinion
Price:1.91
View Thread (2)
here ya go - found it
26 Aug '14
the share of the settlement to the lawyers will be between 25% and 35% typically . and they also collect the costs if allowed which they should be, Nice work gents. So the lawyers are running this at their own expense and ONLY collect 25% to 35% IF they win. Interesting read in the Guardian http://www.theguardian.com/law/2012/nov/30/elvis-presley-third-party-legal-claims



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