Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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you told me to buy back in at 3.80p I you were so sure we would lose why did you say that and why are you still holding Fraud that's rich coming from a pervert like you
You listen to me you foreskinless prat.you tried to get everyone to buy in at 4p+. Based on nothing obviously cos we lost!!! You made it all up. Everyone can see you are a fraud
To have lost my stake- more gutted to have lost what I thought was an oportunity to wipe out my mortgage. I was very confident here. I understand people are sore but can't understand why Camkite or schofiejd to mane bit two are getting the blame for people loosing money. Neither marched me down to the bank and forcibly pressed the buy button for me. Anyway - that's my tupence worth. Bloody disappointed as I still can't believe after all I researched that in was wrong. Happy Christmas and all the best for the new year. It's not the amount of times you hit the canvas that moulds you but the amount of times you get back up and carry on.
Is all not lost then? Richard Shead, Chairman of the Company said: "I am devastated by the decision of the arbitration award in relation to Oxus Gold and will continue to work with the Company's lawyers to extract as much value as possible for shareholders of the Company."
That Schofield kid hasn't got the man testes to apologise to anyone, his must be like sultanas! I said wait and it will drop. It just shows you that investors talk *******s... Some were chirping about how there was no doubt in their head Oxus had won, it was just a matter of Quantum... Hahahahahaha, what a load of b******s... All that time to add up 10 million eh? Lol
I was in Cattles a few years ago they went pop owed a billion suspended for two years wrote it off but did get a nice chunk back when it was all sold off I suppose it depends on the no win no fee element if it is classed as no win as far as our legal funding is concerned then there could be a few million left to start up a shell investment company they normally only start up with a couple of mil and gather the rest from placements and having spent 6.5 mil in funding will they cut their loses or say whats another half million and take a chance on a appeal I doesn't matter now what ever crazy ideas we have now you cant be called a ramper or a deramper
off out to get shedded tonight....I thought the more time and longer this took to sink in today it would get better, but it aint :( I cant believe we didn't get something reasonable in the form of an award. Anyone think this might be suspended for 6 months? I think its delisting territory after that....gla, we need it!!
Could be Mr B End which we all feel like now
I think that when this all comes to light there will be evidence to suggest Oxus gold haven't acted above board in all aspects and my point being the CEO will have known whether we had used underhanded tactics or not
I meant the CEO
Whether there may still be a little ray of light in this yet... That because of the Gibbons/ Funding scenario, Oxus may decide (on lawyer advice) to lodge an appeal on a procedural point of law.. So an RNS is released stating that, the share resumes trading, and we get a small dead cat spike (up to 2p maybe) on news that an appeal is being lodged?.. and those with big holdings here can get some out? I may be overly optimistic here, as I'm not sure who would be buying in such volumes to soak up the sells on such an RNS, but just a thought.
Onion, now you're adding confusion to disappointment, although there is some light entertainment here..! Who is "This Bell guy"...who "Wing and a prayer'd it" and who let what "pan out as it has"..?? Just so I can settle down with some booze and mull over it
must have known all wasn't as it seems from day one and he's wing and a prayer'd it and let it pan out as it has
Bob - It's alright mate..same to you :o) Just wish there'd been some sort of win so we could have all had a excuse to meet up
Take the mine back, when I found this information in my research I couldnt find the answer online and also people who I talk with about LSE/AIM investing. So I emailed the company. i sent this on the 2nd of December just gone and no reply. This got me worried and on 16th I sold half my holdings. Then thankfully yesterday I sold almost my entire holdings in OXS bar only £400 as a COMPLETE gamble...here is my email to them. If anyone is interested. Seems to me OXS went behind the Uzbeks back because they couldnt get an FIA..... Good evening, I hope all is well; I am a shareholder in the company and am kindly seeking information in regards to why the conditional financing agreement was not passed and approved by the Chinese Government by the deadline of 31st December 2010. Why did the Chinese government not approve the regulatory approvals for the condition financing agreement? Was this because the FIA was not inplace (which was origanlly required before the amendment from the Uzbekistan government)? Are there any laws or regulations be it in a country, region or organisation, which could make it illegal/against the rules to amend the conditional financing agreement so that an FIA was not required from the Uzbekistan government for the financing agreement to proceed. Or was there another reason as to why this did not go through and get the approval of the Chinese government. I look forward to hearing back from you Kind regards Shane'
I believe i owe you an apology - merry xmas man...
Who's going to guess the the amount per share we get now ?
Just back from work..merry f christmas.I didnt derisk enough lol.I was getting a touch of deja vu with posters saying they couldnt get a response from oxs. I remember them last time that happened it got suspended.oh well sensible holders knew the risk.did that guy really stick his house on this.hard to imagine but wouldnt fancy being in his boots IF true.cheers petty for keeping it real and keeping us entertained.posters cant say they wernt warned of the risk and the sense of de risking.I know this doesnt have a lot to do with being on aim but I am finally done with aim gambling.good luck elsewhere and really hope no one got pulled in too deep.off to start the austerity christmas.aldi here I come.
Not any more :( Our £100m investment in AGF, and the $44m loan still owed to us by AGF, have apparently been dismissed in favour of one of the most corrupt and cruel regimes in the world. I wonder what the situation is regarding the outstanding loan plus interest . I don't think the arbitration panel were instructed to consider that point. That's a sum owed by AGF. Impairment accounting has reduced that figure in our accounts, but this loan repayment has been outstanding since 2012
Gutted, petty, do you think it was something to do with the study of the yukos case lol
That the amount of time as been taken as one aguemenr would have been we didnt invest enough to meet license conditions, whilst the counter argument will have been the reason for not meeting them was the illeagal and punative taxes. Unfortunately they have decided the two are mutually exclusive and one cant be held accountable for the other. As petty as said a company wouldnt fight for 10m so no loss to uzzies either way. Had we sucked up the tax and continued to pour cash in we would have lived to fight the tax battle possably. The fact that 50% of the non investment comes from the state though is a bit of a kick in the nuts by 2 of the arb panel, guess we will never know the true story as we wont see all the case. A bit like judge judy lol
Good question Oil. I would think not since the Arbitrators have found against us. Looks like there'll be some breach of contract that made it all "legal" to break the 50% deal and take the mine Seems amazing doesn't it? Is this what you're driving at, that we may still have some rights? Even with a loss (not including corruption) I did expect $50Mill+ back for Oxus' investment.
Yes , very good threeputt How true! By the way, regardless of the reasons for the overall result, this case is actually a great example of how difficult it is for a (small) company to get justice in a foreign land (and similarities with domestic workings of the legal process in its many branches) So Oxus are owed $10Million...This is no small amount in itself... So in a hypothetical separate situation, how the hell could a company reasonably be expected to fight for a sum like this if a country had taken this from them?...even $20Mill, $30Million etc.. It's ludicrous!! How could a Judicial System reasonably expect a company - with staff , wages etc etc to go through 5 years of all this to claim that amount back?? The costs (human and financial) would always far outweigh the claim...so how does that work? It doesn't. Seems, with the present system, a company would have to take it up the *rse for several years until the amount reaches a sum that's worth claiming for. It really is a great way for countries like Uzbekistan, to screw a firm for one or two years, hitting them with punitive attacks costing a few million each time, without any real chance of being punished. Opens the floodgates for countries to fleece companies for a few million here and there..There's no way a Business would seek International Arbitration for that amount, yet the effect on the Business's workings is massive. The system doesn't work.
Does OXUS own 50% of AGF?
your post struck a cord, I read this some time ago, this guy writes some very sensible stuff http://www.mindfulsharetrader.com/the-fear-of-missing-out/