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)

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?