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)

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!

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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?