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Likewise I agree. The big shift (having followed OVG for years) is the board (CEO) talking about doing things ... we've had 4 years near radio silence but the end of the Taymura case may at least spell activity - any or all of: (1) Progress the O&G assets from Taymura (2) Progress their own gold assets (harder) (3) return of cash to shareholders (4) A management buy-out (as the board own 51%) ... all of these from a platform of cash & Poly shares worth c. 20p a share. DYOR but I am holding for the steady rise to February / March conclusion of Taymura case

bit by bit we are getting there .. not much volume for buying and can sell at over 10p now

OLI12 - It comes up as Russian when I open the link ... am I doing something wrong or are you fluent? Thanks The statement we have from them at the AGM and the follow-up press is the first time mgt have properly engaged and said they are thinking about things in the years I have been following OVG. I hope I am not getting carried away but I think we are going to see some activity after the court case concludes early next year and therefore the share price should continue to increase in the lead up to that as more people spot the massive undervaluation (3x assets to market cap) that mgt have now acknowedged

Indeed nada zip nowt ... but we expected it. I'm pleased that common sense prevailed and there hasn't been a day trader stampede for the door with the sp staying above the 8.5p floor price of the CEO's 3m buy. If its time for us to be patient then lets have a bit of fun .... if the court case is due to conclude by the 15th February and we give them an extra month for delays to 15th March ... the lets have a wager on the sp on 30th March!! With all the normal caveats and IMO-DYOR-WTF acronyms and based on 3x assets vs market cap I am starting the bidding with 14.12p

Oli12, With the court case resolution delayed another month or two I have decided not to head to the AGM. I've been in an out of this share over the last 5 years and it has done me well but has also taught me (painfully) about patience. Reality is they may well hold off any big announcements on Wednesday until the arbitration period finishes on 15th Feb (shame the next creditors meeting is 23rd November). Even with no announcements tomorrow the share is still great value IMO (as per previous posts) and waiting till mid Feb is no real hardship even if a couple of day traders jump ship tomorrow and the sp dips back to 8.5p (it would madness for the traders to exit below 8.5p when the CEO bought 3m shares at that price)

As you say Oli12 ... - Market cap (�7.8 million) is c.1/3rd of cash/equivalents (�21.4 million as at 30 June 2017) & annual burn is small (less than �1 million) & further returns likely from the Taymura case & CEO purchased over 3m shares at 8.5p & management/board hold over 50% company (but are deemed to not be acting in concert) Something must happen ... hopefully we will hear news at the agm but even if we don't the shares are still fantastic value IMO

I agree Oli12 - looks like the copied last year's agenda to quickly get it out as they had run out of time ... almost as if someone reminded them last week that they needed to do it inside 15months!!! What gets me though is what are they doing with their time ... they have management & a few employees with minimal workload (only a court case, some prospects and minimal reporting) .... you would have thought that would give them time to write a decent agenda/resolutions and even a suitable update. It is very tempting to jump on a �20 Ryan Air flight and go to the meeting ... its such a frustrating company but I'm trying not to forget that the assets are 3x the market cap and its just a matter of time before something good happens

CEO spent over �250,000 on buying more shares in September at 8.5p .... a very odd thing to do if there was bad news coming. Possibly he is trying to put distance between this and the AGM ... we are now just over a month since his purchase

Can't claim the credit unfortunately - it was a friend & fellow PI who spotted it. I think there may be a few silent investors watching this to see what happens with the AGM and any news. There were personal guarantees on the Taymura loan so, subject to the Russian legal process, OVG will hopefully manage to recover a decent chunk of the debt I've decided to try and get more before the announcement as (1) downside feels much less than the upside ... based on the last few years I could see a downside of 6p (albeit it has gone through this) and an upside of 14p (although it went higher last year also). (2) the announcement of the AGM should include details of any special resolutions such as special dividends (or) a management buy out (or) if Taymura is resolved then even a solvent voluntary liquidation and return of proceeds to shareholders Having said that I have been in and out of the shares for years whilst waiting for any news from Management ... I just hold on to the fact that the asset value is way above the market cap

I got a response from Reneta this evening saying AGM will be announced through normal channels but is still scheduled for November (and the Directors would explain the delay then). So a friend has skimmed the mem & arts and spotted that ovg need to announce the agm by the end of the week as they cannot exceed 15 months between agms (last one 16.08.16) and need to give at least 21 days notice. Could be something brewing ... I topped up today and will try and get some more before the end of the week but who knows if it is just imagination

Oli12 - have you heard the date of the AGM? I've seen nothing yet and we are getting close to end of October so pinged them an email today. I'm hoping silence is golden and so we will get big news in near future. I've also asked them about shareholdings as management must be over 50% as per your figures below. Will share anything I receive. I've been in this share off and on (more on to be fair) for the last 5 years and I'm hoping that this extreme version of silence means something is coming even if its only a positive update on the Taymura case

So KievRetailer, spd entering the 280's .... its time to buy back in ... we were right about 282p last time (even if we weren't about the election) ... I'm thinking 286-288p this time if possible. I still think the big win will come on 20th July (and the 280-315p bounces are an enjoyable distraction in the meantime) if Citi can get through enough of the buy back. The buy back is up to nearly 1m a day so burning through it nicely but time is running out ... I make it another 37m to go. Mike might need another dog ate my homework excuse to keep the sp down until the AGM in spetember and permission to buy back runs out

So KievRetailer we are back in the next phase of the normal pattern ... it wasn't gold taps in the jet or DC issues to get us sub £3 (I'm not sure if it was the NUFC issues that tipped the scales or just UK retail malaise) but we have our buying opportunity in the 280's. I'm going to wait in case I can get 281/282p but fear it may go past that with the current downwards momentum. On the other hand, the buy back is now up to 750k shares a day (vs previous 500k a day) ... I'm not sure whether that's because it's a blind process now that we are in a closed period or whether, as the cynic in me believes, its been calculated as the right rate to get the full buy back complete by 19th July. Either way I'll load up as we get closer to the results

Kievretailer .. so its back to business as usual and closer to £3 (i'm sure we will ease back to £3 with the buy back price limit) .... the 292p ceiling was a bit odd but spd are limiting themselves to 500-600k shares a day even when the price is lower and therefore not moving the price too much by themselves. My theory is they are spinning out the buy back up to the July results (at 500-600k a day then they get their 15% bought back a few weeks before the results as per my previous post a couple of weeks back). Isengard7 .. Sports Direct have tried concessions in Debs ... the press on them hasn't been great but you can see why Mike would want more. Will be interesting to see how big a stake spd builds - it should be winner for spd as either Mike gets to exert more power on Debenhams (or) the new CEO wows the city with his new strategy in April and the sp shoots up

Kievretailer .. so its back to business as usual and closer to £3 (i'm sure we will ease back to £3 with the buy back price limit) .... the 292p ceiling was a bit odd but spd are limiting themselves to 500-600k shares a day even when the price is lower and therefore not moving the price too much by themselves. My theory is they are spinning out the buy back up to the July results (at 500-600k a day then they get their 15% bought back a few weeks before the results as per my previous post a couple of weeks back). Isengard7 .. Sports Direct have tried concessions in Debs ... the press on them hasn't been great but you can see why Mike would want more. Will be interesting to see how big a stake spd builds - it should be winner for spd as either Mike gets to exert more power on Debenhams (or) the new CEO wows the city with his new strategy in April and the sp shoots up

I agree NicotineNelly ... it's a strange gold market at the moment that I do not understand ... where companies are putting out good rns but the market doesn't pick it up immediately. SHG and MARL yesterday put out great results and 24 hours later are down!! Only hope is the follow the pattern of VAST ... great rns at 12.30 on Wednesday ... gave up most of gains 24 hours later but market has picked it up today. Even stranger is GWMO ... good results on 22nd Feb ... but share price virtually halved since then!! (although today it's picking up on anticipation of results next week). I give up ... time for the weekend

Interesting that a couple of days ago, someone else bought 400k shares as well as CEO and Non-exec. All 3 got 19p when other buys were at 21p and all 3 buys went through at same time. In a low volume / low availability share like NTQ it sounds like some movement in the institutional investors to free up that number of shares at that price. Hopefully some more big buys coming to continue this 15 month trend from 10p at the start of 2016

So NTQ management read this board ... 11.03am and an RNS saying the CEO and a non-exec bought 1/3% of the company each ... game on

So more than 1% of the company changes hands yesterday at 3.14pm (30x the typical daily volume) ... no RNS .. whilst rig counts are up, Trump is talking about tax cuts that will benefit the oil industry but oil price has dipped over the last month Anybody care to speculate ... big buyer, big seller or big confusion?

Interesting call ... he's bought a couple of stakes in usa retailers recently to test the water / get his product into the market ... the worry is that USA retail is a bit of a train wreck at the moment .. footfall way down and a lot of malls are borderline bust (the Department Store sector has been in decline / underinvested for years and the web is making them less important as the anchor tenant). I filled my boots yesterday .. bit grumpy I didn't get this mornings lower prices but think we will ping pong back up to 3