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I spoke to my broker. They said nil value is the default for suspended shares. Its up to me to get an independent valuation if it is required.

How can they set the value at nil when there may be a small amount due to shareholders + proceeds from an appeal (if we are fortunate).

Thanks

I can't find that facebook group 'oxs gold' skodamanpat. Has it been set up under a different name?

Has anyone thought about having the share certificates put in their own name? I've seen this mentioned somewhere else before but wonder whether it is worth doing?

Marv, who told you there would be an update within 8 weeks?

Thanks rhodi

Are the tax losses realistically worth anything to another company?

Thanks Marv

About 12 MR04 forms have been filed on companies house for oxus gold. Are they beginning to pay off some of the creditors? Anyone know why these forms may have been filed?

It was online last night.

The RAB share price has not moved. I thought they had 15% of their holdings in OXS. Maybe I am missing something?

http://ihtbd.com/ihtuser/print/March-12/23-03-2012/a2303x18xCQxxxxxx.pdf

1 April 2011 The National Energy Regulating Commission (NERC) increased the gas price for industrial and public sector consumers by 12% to UAH 2,553 ($320)/tcm). Dragon Capital view: The news is positive for the state oil and gas monopoly Naftogaz Ukrainy in view of the growing price of imported Russian gas. The latest gas price hike is based on an average imported gas price of $296/tcm. Yet we expect Russian gas to be priced at this level already in 2Q11 and grow much more expensive in 2H11, to $343/tcm on average in 3Q11 and $380/tcm in 4Q11. The news is also positive for independent gas producers such as JKX Oil and Gas, Regal Petroleum, and Cadogan Petroleum, whose selling prices for gas are capped by the NERC and are indirectly linked to Naftogaz’s price. Our model for JKX foresees a $300/tcm gas price — in line with the announced increase. At the same time, the NERC’s price hike is mostly negative for chemical producers such as Stirol, for which gas is the largest input cost. The impact on machine building and metal and mining companies will mostly be marginal. http://ukrainian-energy.com/news/gas/130/

http://www.hmcourts-service.gov.uk/cms/cause.htm

Bassett 1, As a newbie I recommend that you read the summary for CAD on the ADVFN board. That explains the past history. As for the present:- Pokrovskoe license - They started drilling in Nov on the Pokrovska 1 well. The potential upside is good. If successful they expect rapid payback (1 year) on the initial $7.5m capex. Note - drilling is on hold (since Dec) due to the weather. Pirkovskoe License - This is going through the farm out process. Not sure what stage they are at. Bitlyanska Licence - Cadogan is preparing for the acquisition of a 2D seismic programme on this license. No real updates for a while but a lot of share price action so no complaints.