Just wanted to start a thread on this company.
The MKD dividend should be about now I think or does anyone think any different?
(1 MKD share for every 10 OXS)

zeibcmva

Thanks for that I checked out that site...some really excellent articles. It is interesting about how bullish eveyone is about silver as well as gold. Do you/ anybody know if there are any UK quoted companies involved in silver mining? Otherwise I hold POG and am thinking about buying some OXS, but why the share price fall in recent times...after all the gold price has not come off that much?

Looking at the OXS chart right now,it could be the right time to pick up some OXS as well as POG,interims for OXS due 25/02/05,you are right gallick the gold price is still comfortable for both these gold producers.

Another gold one that has received good write ups in Share mags over last few weeks

RNS just in today, to give us comfort in these days of need -

Oxus received notification on 30th March 2005 pursuant to the provisions of the
Companies Act 1985 that RAB Capital plc, acting as investment manager for a
number of commingled funds, has increased it's shareholding by a further
7,217,199 ordinary shares and now holds 41,283,836 ordinary shares of the
company representing 14.39 per cent of the issued share capital.

RAB Capital are no fools and have a very strong record in all drilling/mining exploration stocks. I feel in good company to see them increasing their holding. I've been wondering these last few days how political stirrings in Kyrgyzstan might be affecting progress on siging the Jerooy gold mine licence which the (presumably) recently ex-government has just agreed to proceed with, but can see no sign of it in any reports, and this RNS is doubly comforting.

Anhgone else seen anything regarding this issue?

SD

Further RNS says they have pushed up to a 15.3% holding now having acquired another 2.4m shares

RAB Capital plc
01 April 2005


FORM SAR 3

Lodge with a RIS or Newstrack if appropriate and the Takeover Panel.
A copy must also be sent to the company the shares of which are acquired.

Date of disclosure

01 April 2005...............................................................

DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')

Date of acquisition

31 March 2005

Acquisition in (name of company)

Oxus Gold plc

1. Class of voting shares (eg ordinary shares)

Ordinary Shares

Number of shares/rights over shares acquired

2,400,000 Shares

If rights over shares acquired, as opposed to the shares themselves, specify
nature of rights
...............................................................

2. Resultant total holding of voting shares (and % of total voting shares in
issue)

43, 908, 836 shares 15.30%

Resultant total holding of rights over shares (and % of total voting shares in
issue)
.......... ..........%

Total percentage

15.30%

3. Party making disclosure

RAB Capital plc

4. (a) Name of person acquiring shares or rights over shares

RAB Capital plc

and, if different, beneficial owner
...............................................................

(b) Names of any other persons acting by agreement or understanding (see SAR 5)
...............................................................

Signed, for and on behalf of the party named in (3) above
...............................................................

(Also print name of signatory)

Neil Warrender

Telephone and extension number

020 7389 7015

Note 1. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.

Note 2. The resultant total percentage holding of voting shares and rights over
shares is to be calculated by reference to the percentage held and in issue
outside treasury.

For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Takeovers and Mergers, Monitoring
Section. Tel. No: 020 7638 0129.
Email:
monitoring@disclosure.org.uk

Has slid from 86 pence to 42pence in about one year,can anyone tell how this is a good gold company.

for a start, if it has halved, then the P/E has also halved relative to its gold output... which is rising.
OXS will also be opening a silver project this year. Look shortly for updates on progress.

Hectorp,

I think Oxus is certainly better value now than it was last year at double the price, and we have the silver to look forward to, and possibly reinstatement of the Jeeroy licence.

We shouldn't forget the Marakand stake, and I'm looking for them to increase shareholder value in due course, and hence the value of Oxus's stake.

Hectorp,

Well we didn't have long to wait for the silver!

--------------------------------------------------

Oxus Gold pours first silver from Vysokovoltnoye mine in Uzbekistan
AFX


LONDON (AFX) - Oxus Gold PLC said it produced the first bar of silver from the Vysokovoltnoye gold and silver heap leach project in Uzbekistan.

Full production is scheduled for next month and planned mine output is 21,035 ounces of gold and 2.47 mln ounces of silver a year.

The capital cost of the project is 9.1 mln usd and the cash costs of metal production will be about 160 usd an ounce.

Vysokovoltnoye is an open pit mine and is located within the Amantaytau

Goldfields' (AGF) licence area. AGF is owned jointly by Oxus and the Uzbekistan Government.

Oxus expects to produce more than 3 mln ounces in 2006.

'We are very pleased to have produced our first silver from Vysokovoltnoye so quickly, after starting ore production less than two months ago. This is a notable achievement and a key step in our strategy of developing five mines in five years,' said chief executive Bill Trew.

newsdesk@afxnews.com

jc

Its certainly helped there sp for today moved up to 0.60.5 @ close .

parkin,

now we need to consolidate above 60p, then I will add some more.

Any news of Jerooy licence or s.p. consolidation.

OXUS have finally disposed of the hedge.



Oxus Gold eliminates gold hedge commitment ahead of schedule
AFX


LONDON (AFX) - Oxus Gold PLC said production at Amantaytau Goldfields ('AGF') in Uzbekistan has enabled AGF to eliminate its hedge commitment some three months ahead of schedule. As a result, Oxus is now an unhedged gold producer.

AGF was originally required to hedge 263,096 ounces as a condition precedent to drawdown on the 35 mln usd project finance facility. This facility was repaid to the lending banks in August this year.

Since starting gold production in 2004 AGF has not been able to benefit from the rise in the world gold price as the majority of its production has been dedicated to reducing the hedge position.

Chief executive Bill Trew said now that the AGF hedge has been eliminated Oxus can look forward to 2006 when as an un-hedged producer it will receive the average market price. If gold prices stay where they are, or rise further, this should have a significant impact on profitability, he said.

newsdesk@afxnews.com

slm/

http://www.akipress.com/_en_news.php?id=14852

00060429,

AKIpress have made such statements before, and been wrong!

I have emails form Oxus today that deny the content of the AKIpress reports, there are two actually.

Any thoughts on OXS? A bit risky given the uncertainty about the Jemoy licence but that apart I'm interested. Any thoughts welcomed?