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Oxus Mining - Dividend (OXS)     

Ultimate Cynic - 04 Feb 2004 15:00

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)

bishopjeremy - 04 Feb 2004 17:56 - 3 of 38

I have some of these in a Comdirect account and they notified me on January 19th of the ex date as being February 6th.

Andy - 04 Feb 2004 20:31 - 4 of 38

bishop,

Yes you are correct, I may well have a few more tomorrow now, I thought it was today!

Although Oxus has fallen back somewhat recently, since the fiasco in early December over the IG Index Marakand placing shares two months ahead of approval and distribution actually.

Once this special divi is out of the way, i'm hoping the focus will return to the assetts and gold production Oxus actually have, rather than speculation to receive some "free" shares!

PARKIN - 04 Feb 2004 20:44 - 5 of 38

IF YOU WISH TO MAKE SURE LOG ON TO OXUS WEBSITE AND IT WILL TELL YOU WHEN THE DISTRIBUTION IS LIKLEY TO BE ALSO MKD AS GOT TO BE OVER 50P FOR A HIGHER DISTRIBUTION

waz_winn - 06 Feb 2004 05:21 - 6 of 38

A ramped dog that has had its day....got out at 85p. Bl pleased I did.

Hectorp - 06 Feb 2004 13:11 - 7 of 38

Dog is it? with management under Bill Trew? With 200K oz gold production due this year? come off it !
OXS is the senior and superior British Gold Miner. Its as simple as that.

Andy - 06 Feb 2004 21:25 - 8 of 38

Waz,

I expect Oxus to be heading northwards soon!

Your exit at 85p was indeed a good well timed move, but now MIGHT be a good re-entry point!

sconradie - 08 Feb 2004 21:50 - 9 of 38

ehall - 08 Feb 2004 21:51 - 10 of 38

How can you cal Oxus a ramped dog, indeed! The truth is that the price has increased significantly from its low and the big rush is over in comparison with smaller explorers but Oxus is now producing and a lot, this is relatively cheap compared to most and it is pouring, more of a rampant dog if you ask me. When the hype is over, Oxus will be a winner that's for sure. As the buyers in search of the Markarand shares ahve probably now sold, expect a rerating next week as there is too much comparative value to be had here.

Ultimate Cynic - 10 Feb 2004 17:28 - 11 of 38

Good news about the Marakand shares - although price tipped above 45P we still are receiving 1 for each OXS share! thanks to the directors.

zeibcmva - 16 Feb 2004 09:08 - 12 of 38

What is happening to Oxus? The Marakand deal done and price stabilized at about 50p,I was surprised not to see some profit taking here. Have not heard any bad news or even rumors,so Andy why are we heading southwards?

Ultimate Cynic - 16 Feb 2004 11:52 - 13 of 38

What the hell is wrong with this company????
I'm losing over 1,000 now!

PARKIN - 16 Feb 2004 13:13 - 14 of 38

Share go up and down as any investor should know you should take the rough with the smooth & think it is a tiny blip in the Markets &think on. The profits you have made on other shares not only this one at the moment

Andy - 16 Feb 2004 14:25 - 15 of 38


zeibcmva,

To be perfectly honest, I'm not sure, they may just be consolidating before the next move upwards, but for now I'm watching 60p to see if the price bounces, or drops through.

Oxus seems to have gone awry on December when IG Index and some investors got confused with the date of the special dividend, and it has become unsteady since that time.

another factor may be that other gold (and diamond) mining shares are being ramped on other BB's, and some may have sold to junp on those bandwagons whilst they are rising. When they stop, I for one expect some will switch back into Oxus.

I attended the recent EGM, and in the discussion with Bill Trew afterwards, he was VERY positive about the future of OXUS.

The reasons I invested in Oxus are still valid, and as Parkin correctly (IMHO)states above, shares don't move in a straight line, but up and down, so I for one am not concerned about the long term future of Oxus.

All objectives have so far been met on time, Oxus is a gold PRODUCER, and Bill trew said "5 mines".

So far he's called it spot on, so I see no reason to doubt him at the moment!


hokistar - 16 Feb 2004 17:51 - 16 of 38

good call. Currently a downward trend, but looks to be stablising. Will be watching tomorrow, not for a bounce but for stability.

zeibcmva - 17 Feb 2004 11:46 - 17 of 38

Andy,

Thanks for your review of Oxus, as you implied the money does move around according to the flavour of the month.You interview with Bill Trew is reassuring,and recently under his management they have not put a foot wrong.
I also look at Oxus as a PRODUCER and as you know an exceptionally LOW COST producer.As such it really does not matter if it produces gold or toothpicks as long as the profit is there and sustainable.

Unlike POG that I also hold I think OXS has sold some futures this could have some effect on share price

So far I have retained my Marakand shares but I feel they may call on the shareholders for some more funds.

gallick - 17 Feb 2004 23:04 - 18 of 38

Does anyone have a view on how currency movements are affecting this stock ? Obviously a falling US dollar = a rising gold price, but there is obviously more to it than that.

zeibcmva - 18 Feb 2004 08:42 - 19 of 38

gallick,

Have a look around the www.kitco.com site there are many articles posted by different experts? and I`ts all free,also a handy 24hour gold price chart can be used as a separate window.

Maggot - 20 Feb 2004 15:32 - 20 of 38

Oxus rated a BUY in Shares this week, in the Plays Updates feature. Am thinking about it.

ShaggydabbydoME - 28 Feb 2004 19:41 - 21 of 38

What do people make of the results and the resource/reserves upgrade ?

http://moneyam.uk-wire.com/cgi-bin/articles/200402250700017340V.html

http://moneyam.uk-wire.com/cgi-bin/articles/200402260700138434V.html

My own opinion is they are rather excellent.

Regs, Andy

gallick - 16 Mar 2004 00:08 - 22 of 38

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?
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