Member Info for Kiwi_

Go look at the financials in FULL over the last FIVE years and you will see that the debt of 2018 was up by just 15% from 2017. The overall debt year on year over the last 5 years was as high as 426 Million 2014 and gradually reduced to 316 million in 2017 then up to 364 million 2018. Year on year a dividend was paid whilst all those levels of debt were in place apart from 2018.

Meanwhile total assets grew from 2.15 Billion in 2014 gradually to 2.27 Billion in 2017 and decreased to 1.97 Billion in 2018.

Thus this 'wound' you speak of has been around for the last 5 years however when you look at the debt to capital ratio for each year it speaks volumes.

I will post the full financials for the last 5 years shortly

are further shorts in order to help contain the share price to facilitate an orderly exit, meanwhile this news is currently being highly publicised on Bloomberg, Thompson Rueters, FT and WSJ.

Babbler I would say you are very much on the ball there, a lot of demand for stock at the moment in addition to the 150 million required to be purchased back by the short sellers. That in itself on it's own could push this to 8p to 10p

BURN SHORTERS BURN! ITS PAY BACK TIME FOR EVERY FREAKING AIM SHARE YOU LOT HAVE SHOTED OVER THE YEARS> E N J O Y ODEY ASSET MANAGEMENT AND CO!

:)

150 MILLION SHARES TO CLOSE!

They will loose control of this shortly

This is good news folks, expect a bounce back to a decent price once these shananagins are finally clear.

Wow, look at the market makers with the hoover out! Sucking up all those large sells, must have a big background buy order to fill. Bid is strong with some big sells there

Wassatt did you see all the delayed 500K buys there on Friday? Good to see we have a buyer with no seller around

Enjoy the translation from Russian folks! There is hope yet.

The Federal Court of the District of Columbia (USA) has satisfied the demand of the government of Uzbekistan and has postponed consideration of the application of the British company Oxus Gold plc on an investment dispute with the authorities of the Central Asian republic. Businessmen are seeking recognition of the decision made earlier by the International Court of Arbitration, on the basis of which Uzbekistan must pay the claimant $ 10.2 million, RAPSI informs.

Oxus Gold, which mined precious metals in Uzbekistan, accused the government of the republic of expropriating investments. In this regard, back in 2011, the company filed a lawsuit in international arbitration. The amount of claims was $ 1.2 billion. However, the court partially satisfied the claim, reducing the amount of payment in favor of the British company to $ 10.2 million.

Representatives of the business structure, having achieved recognition of this decision in 2016 in France, submitted an application to the Court of Appeal of Paris, demanding to cancel the decision to reduce the initial compensation. The authority must consider the claim March 26, 2019.

But at the same time, representatives of Oxus Gold submitted an application for recognition of the decision of the International Arbitration Court of the District of Columbia, which decided to postpone the consideration of the case, waiting for a response from Paris.

https://fergana.agency/news/105025/

Tensions between Oxus Gold and the government of Uzbekistan began after an audit, following which a British company was accused of financial irregularities. According to representatives of Oxus Gold, the authorities of the republic were holding pointless discussions, at the same time leading a campaign of disinformation and persecution in support of their attempts to expropriate property. All attempts to meet with the Uzbek leadership, including the then President Islam Karimov, were unsuccessful - Uzbek officials "were not available to discuss issues with the company."

Representatives of Oxus Gold said that their response to the audit was the rejection of the management of Amantaytau Goldfields (AGF), 50% of which belonged to the British, 40% to the State Committee on Geology and Mineral Resources of Uzbekistan and 10% to Navoi Mining and Smelting Works. In February 2011, the government of Uzbekistan initiated the procedure for the voluntary liquidation of the AGF. However, a British investor wanted to get a "fair price" for his stake in the company.

On March 3, 2011, Oxus Gold notified the Uzbek authorities of its intention to appeal to the investment arbitration agreement between the governments of Uzbekistan and the United Kingdom. The company then estimated the damage caused by Tashkent at $ 400 million. In addition, it accused the Uzbek government of unfair and discriminatory treatment of it and its subsidiaries.

Meanwhile, on July 21, 2011, the English High Court received a lawsuit filed by the Ministry of Finance of Uzbekistan, demanding payment of $ 10 million from Oxus Gold as special dividends. The company said that in this way the Uzbek Ministry of Finance intends to thwart the forthcoming arbitration, and promised to make every effort to protect the interests of the company's shareholders and receive appropriate compensation from Uzbekistan.

In August of the same year, a military court in Uzbekistan sentenced a former employee of the British mining company Oxus Gold plc, Said Ashurov, to 12 years in prison on charges of spying. Until March 2011, Ashurov held the position of chief metallurgist at the AGF. Ashurov’s lawyers denied any guilt to their client and accused the Uzbek authorities of taking him hostage during an attempt to confiscate the company's property to the state.

In the spring of 2016, Uzbek media circulated information that the International Court of Arbitration, after a lengthy trial, decided to reject 99% of the Oxus Gold claim against the government of Uzbekistan. At the same time, the court ordered the republic to pay the British more than $ 10 million in compensation for violating the investment protection agreement between Uzbekistan and the UK.

Translated from Russian
https://fergana.agency/news/105025

Canadian mining company Rusoro outcome:

https://www.reuters.com/article/us-venezuela-politics-pdvsa-banks-exclus/exclusive-venezuela-shifts-oil-ventures-accounts-to-russian-bank-document-sources-idUSKCN1PY0N3

"Venezuela would pay US$1.28 billion to satisfy the award and obtain the company's mining data"

There has been some good news for Calunius, however, in an unrelated case. It was announcedthis monththat Canadian mining company Rusoro has agreed on the terms of a settlement proposal with Venezuela to satisfy an ICSID additional facility award the investor obtained in an arbitration financed by the third-party funder. Under the terms, Venezuela would pay US$1.28 billion to satisfy the award and obtain the company's mining data.Gretton Limited v UzbekistanBefore the Swiss Federal Supreme Court(5A_942/2017)

We now have 1 market maker showing @ 5.8p! Go on SAV

;)

5 X MM's 5p and above, 1 @ 5.5p and another @ 5.6p

News Monday eh? Bounced off of that 4.6p

Drill results must be due anytime now plus we could see further Sandfire action, could be easier for them to takeover MTR instead

1.1 Million Buy just now

Is the Sprott Global increasing their stake at prices a lot higher than here, there is every chance they or another II may start buying on the open market. That is two significant highly valued corporations that have a serious interst here