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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.

Hey there Schofield ! Good to hear from ya Seems a bit twisted this timing doesn't it? Merry Ferkin Christmas! I'm sure the arbitrators will be having a lucrative and very jolly Crimbo though. I still cant get my head around the time it takes to make this sort of decision. If, on the face of it, the arbitrators have decided there was minimal damage from 2006 and 2009 tax attacks, this surely is a few weeks job. There they sit in their Ivory Towers , heads snuck in legal books, attending talks and plush dinners, oblivious to all around..what a job Ruby, if you're there...Hope you're still able to shop at Harvey Nics and my lips are puckered !....Mwaaah!

Mikebassetts thanks.. I think the only general lesson is to take some profit when possible and take what CEOs say with a pinch of salt!..and don't get carried away with message-board hype. For myself, the lesson is to believe in what I research, plus gut feeling, and stick to it..More discipline. When reading the annual reports I'd picked up clearly that Oxus had lost only a few million due to the Tax attacks in 2006, then recovered. It had no consequential effect really. This was all there in Chairman's statements. They then went on to blame the 2008 financial crisis for lack of RBS funding. It was all there in print. Kicking myself I'd sussed it but jumped in again. As with most investors, I was carried away with greed - or more not wanting to miss something by being out of it. So my lesson to myself is to be more disciplined with money after a decision has been made. not sure whether I can stick to this though! Note to self: Cash, You're a total N0b!!! (Beats own face up)

think the main problem here is the lack of openness in the system, so you can';t really make an investment decision based on sound knowledge; it has to be a gamble. Only knowing the Oxus side of events gives a false sense of reality, and although it made some people feel all warm and squishy inside, it gave a totally slanted view of circumstances. This UNCITRAL lark is a bit of a joke, because we don't get to se any evidence - unlike in the Churchill Mining case where things are a bit more open, so a firmer judgment on investment can be made. All we've had to go on is Shead saying he is "extremely confident" and Gibbons holding many shares. If we'd been allowed to see some of the Uzbeks counter-case then maybe some of us would have invested differently - or at least had a fair opportunity to. Eg, if we knew that part of the Uzbek case involved some corruption on Oxus' part we'd have had alarm bells, or if we'd have been given evidence that the Chinese were'nt happy with Oxus etc etc we could have invested accordingly. But not knowing anything puts us at the mercy of a closed system, with an old-boys network, and at the mercy of our CEO's statements of "Extreme confidence" We'll see whether RS was full of sh*t or not, but it was interesting that our first lawyer Robert Amsterdam was binned off in the early days. One last thing NOBULL - I hope you're okay, and pull around from this. No-one put more time and energy into trying to reach a conclusion. and Vlad, many thanks for all your valiant efforts too.

Fair play Camkite.. I'm glad you got out lightly I know that long post sounded preachy - it wasn't the intention - it's just all my thoughts bottled up coming out...I sort of thought "I knew it!!"...yet I still had quite a wedge in. I'm more p8ssed off with myself for recently being emotionally driven back into this share, after being substantially up and pleased - then putting some back in...and was on the verge of pulling it out again this week!, so I'm cheesed off with myself, no-one else. I'm lucky, I still retain a profit, albeit diminished. It feels like a loss at this moment. Those who had a LOAD of money in here (and a close friend of mine did) - I think they should have got some out and de-risked. It's madness leaving everything in a gamble. The odds were known, and they weren't in our favour. I told my pal three times to top slice on those 4.5p spikes, but he didn't. So I'm p*ssed off for him.. I'm P*ssed off that this Travesty of Justice is allowed to happen - FIVE years. This is a joke. Even if the decision is technically correct, this is an injustice in itself; I do feel like you, I'd allowed myself to start dreaming about it - sometimes Oxus had already won in my mind - and I lost sight of the reasons I'd become cautious. Last week and this week I regained some clarity..but a bit late. There's people on ADVFN who claimed they'd got 11 million shares, some with 60K, massive amounts...this is casino gambling. Madness. I don't know how I feel at the moment. I'm a bit shell-shocked too. Probably sink in over the next few days and get even more p*ssed off.. Anyway...onwards into the next Casino battle with Churchill Mining !

You still around mate? or are you having to sell yer ar8s to Onion for a few quid? :o)

Oh well...sorry you see it that way Just letting off pent up steam over it, and also stating the bleedin obvious to anyone with open eyes., We've lost. I'm not saying "I told you so" ...well, I am - to myself - as i put some money back in ! So I'm hardly gloating. But, if you don't learn something from this case , you may as well not invest..and there's been so much B*LL**** RAMPING on here, I want to let off steam. I don't want your respect or need to gain it. I took enough stick from you in the past, and now it's so Ferking what! It's ALL OVER!

First cheers Cam.. The only thing I'm peeved about is not listening to myself and putting some back in. A while ago, I posted after adding up the actual loss from the tax attack years and, in reality, Oxus lost little - as they stated in subsequent annual reports they were financially robust..It worried me. I think they they were hit by the 2008 financial crisis - and couldn't find funding... There may also have been some corruption. We will see. For me, these are the main points and guiders from this.. 1) Lawyers - who is involved?. Lamm and Case are expert in Uzbekistan, and know it inside out. Stern, is also known for state-results. 2) Over-arching corruption in a country does not affect the specifics of a case - but it does make investors wrongly feel that it adds weight to a case 3) it was stated overtly that the Uzbeks had found corruption in other foreign companies at the SAME TIME as Metal Tech - you've got to assume that may involve Oxus (but we don't know for sure yet) But there was a big clue there. 4) The longer a case goes on, the better for claimant - Wrong. 5) Don't pick and choose specific precedents of past cases to choose your mindset.. I have no idea why (wishful thinking?) but some people picked up on Yukos and not the myriad of other cases that were closer to Oxus' case with the same country/lawyers/business. 6) Really Do Your Own Research - I mean actually research as deep as you can, and try not to be swayed by emotional thinking - I got to a stage where I really thought we would lose on what I'd read - but then I chucked a few more grand in recently on hype ! What a n*b! 7) Don't invest the world and Top slice profits on the spikes that occur during these type of cases. 8) If you really believe in something after DYOR...then.. stay stoic when the herd are burning you at the stake for being a "Deramper"..It's quite hard being vilified over a lengthy time period. The herd are usually wrong. 9) Take CEO and BOD statements like "We are confident" " Very confident" "extremely confident" for what they are worth - nothing. Just semantic inevitable soundbites that carry through a long journey of hope like this. I'm sure there's lots more, but they are the main ones... This Message Board has been generally absolutely brilliant and there's some top people on here (as well as the numpties and my stalkers! ;o) Good luck and I'm sure we'll carry on talking - I'm still game for a beer, but I might be in a minority of one

I know many thought I was being negative over the past few months years - but i had a terrible gut feeling this would happen, or at least a very low ball payout. But, it was still a shock to see it in black and white after all this time. Still gut-wrenching. I'm sorry for everyone this has worked out like this - and I myself got ill-disclpined and put back some of my profits recently on the hype...so I'm p*ssed off too. I'm sorry for all the long-termers here, with whom I've had some brilliant banter , and I hope there isn't anyone who has lost too much. I've had a feeling the Metal tech would have more bearing than Yukos, but we'll see. Lamm and other factors gave me big worries all along. In fact, Seems like contrarian voices like DavidUzbek on iii etc etc were right after all. I'm sure we'll all be discussing for a few days yet, but tow things : The years this has taken to reach decision is Criminal ! And what a bl**dy timing - two days before Christmas ! Sick (in a bad way,) or what ! Hope everyone can still find some cheer for this and enjoy their Christmas. It's been an experience.

Ps I'm actually more like Father Jack from Father Ted.. so Fek off

We are all doomed Numpty...Dooooooooooooooooooooooooooooooooomed I say!

RAB has voted to wind up and sell off its investments.. They have to July 1 , 2016, to do this, so no immediate panic (depending what "immediate" means in the Oxus Extended Dictionary of Time) Doesn't affect the result, but since RAB have more than 55 Million Shares, this could be a big drag on the price (depending on whether they drip feed them or not)

Although I bet that was easier to copy and paste than to say !

I see! then Sog'liq uchun! It is... :o))

I'll drink to that.. Prost Comrade Lenin! ;o)

Marx Brothers ...superb :o)

Yes, I think they'll defend just about anyone as long as it furthers their business - problem is that they're very good at it. It'sa shame that the original law firm defending the Uzbeks went bust early on in the porcess, as I feel we've been dealt the worst hand in Lamm, and then Stern. Santa Clause :o) JohnG VladLenin - I have a lot of respect for his posts but stating as fact that the arbitration process had to be totally halted and somehow rewound because of the Yukos result is ludicrous IMO. Vlad states that he believe the delay is down to this. I don't doubt that there may be some precedents set by the Yukos decision July 2014, but to say that the entire Oxus deliberations were thrown into some sort of chaos is rubbish IMO As of July 2014 (since our panel met in May) I doubt they'd even got to grips with the technicalities and overall feel for the case at that point, still sifting through the vast amount of information and figures. This would have been only 10 weeks post panel meeting (and they all have other cases to deal with) The average case length shows that we are just going along the normal turgid (and pathetic IMO) timeframe for quite a complex case. Yukos points will have been taken into consideration along the way, but to suggest our arbiters sort of ripped everything up and started again is silly.

Just been reading Onion's guide to Arbitration. A fascinating document he released on here yesterday. I Like it ! So, we win $300Mill, then immediately put that back into re-buying the gold mine off the Uzbeks at a discount, then it's taken away again ,and so we go to Arbitration again..and this time get a bit more when gold prices go up, then re-buy again with the proceeds of that 3rd Arbitration.. etc etc Brilliant! ...liking it... Hopefully Marc Lalonde will still be compos mentis at 120 for the fourth round..

I've been consulting my Gender-Neutral Politically Correct Almanac,, and wondered if it was offensive slang these days to call a Welsh Boyo, Taffy? I said it the other day but then wondered..I'm sure you won't have taken offense.. It always seemed a quaint word to me, but these days you get called racist for calling a black sky, Black Ps. Getting very p*ssed off here now. Been here too long. Goes in waves of excitement and frustration. Am now wondering whether we'll get another "very near future-esque" RNS to go on another spike above 4-4.5p. Thought we'd run out of time for more, but the way this is going it could be mid 2016. Remind me never to ask a CEO if I need to tell the time

we haven't seen a holdings RNS with some of the chunky sales going through in recent days..maybe Darwin forward selling again.