Lets not worry or argue too much, because if it does come out in our favour, we should see at least between 10 and 20p, For the heavy predictions , you may be right with the maximums. All know the minimum is nothing so no point in people stating that obvious. End of point, the board and others may have a little insight to what it may actually turn out to be hence the slight (biggest I've seen) movements in the last 3 or 4 trading days prior to any forthcoming announcement that may be known to some one or some ones. Be happy its up and be happy to see an announcement that takes it to ten, then choose to take, wait or slice as it will obviously be traded heavily. GLa, something is brewing after the long wait, but whatever it is the main point is its rising not trashing.
Yep, i know that, i think the general point is that OXUS got a 6 month extension to funding, with 200k a month available. It would be strange for them to take no payment on October, only 50k in Nov and nothing in Dec, 3 months where they have only taken 50k when they could have taken 600k.... Surely you would only do this, if they thought it was nearly all done..... Then once the award is known then can raise funds at say 20-40-60p or whatever ..... ? Can't remember them ever taking such a small amount of money from darwin over a 3 month period.
no funding taken fro December, we've now hit Jan and no dec share issue..... Could be that its just late due to the holiday period or could be not needed.
"A procedural calendar for the remainder of the arbitration proceedings has been established by the Tribunal. Confidentiality obligations of the arbitration do not allow Oxus Gold to disclose the procedural calendar but the Company can confirm that the hearing will be held and the decision of the Tribunal is expected during 2014."
We could lose everything or we could get 80p per share or anywhere in between.
The fact that it has taken highly qualified lawyers, with all the necessary information available to them, 3 years to debate this and they still haven't come to a decision means that whether you are using logic, the facts as you know them, or reading entrails (or 'charting' as some people call it), your analysis is going to be inaccurate. You may GUESS it correctly come the day, but that's all it is.
It's normally seen in large mcap shares ie several hundred million mcap as they have more stable prices and orders are more easily filled It is far less common on small mcap companies yesterday I see it twice on companies below 100m for the first time this quarter. It was arms at 6-7p and Oxs at the very end. The demand for shares simply overwhelmed the market.
I love it..a bit of a semi-high-ish volume flurry at the end of the year (the very soft deadline for the result) and suddenly most people are back to the euphoric and slightly moronic: "This is going to be 50p+"...etc.. No wonder most get stung on AIM...it's like watching crazy sheep. Baaah.Humbug.
You do realise that by repeating the mantra "This won't be less than 50p etc etc" won't make it true..only in La La land, whence some of you have travelled.
All those lovely looking figures below are pure analytical numbers that take absolutely no account of the Uzbeks' mitigation/flaws in our case/ legal precedent?legal costs... etc..Have any of you seen the size of compo UNCITRAL usually gives claimants?
For WHATEVER reaaon...most claimants get a mere fraction of what they target in arbitration (20 to 40%)It's a FACT.
Just to add some balance to the stultifyingly repetetive and simplistic "We're getting 70p crew".. .This has NO CHANCE on earth of getting anywhere near 50p a share.. You can list all the figures of mine costs you like, but there's more to this case than a panel of 3 people giving Oxus their equivalence of unmined gold in the ground. That's why we've been here 3 years.
Even the legal bills are probably going to take 30 to 50% out of any winnings..
Let's all see what tomorrow brings but it wouldn't surprise me to see a big sell-off by those who've made a packet up to 3 or 4p...
If it, is indeed, the BIG day, then I'm a very happy lad with anything over 200% of present share price. Still think we'll get about $150mill.
I now open the field gate to the lambasts of the sheep....
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