Scottie
- 04 Dec 2003 14:50
To clear up any confusion regarding the share allocation of Marakand shares to holders of Oxus shares. ------ Anyone buying shares in Oxus today will be entitled to a 'dividend' of 1 share in MKD for every 10 in OXS.
Andy
- 14 Apr 2004 14:29
- 37 of 52
More good news!
===============
Oxus Gold PLC
14 April 2004
OXUS FAST TRACKS SILVER PROJECT IN UZBEKISTAN
London, 14 April 2004 - Oxus Gold plc ('Oxus') today announces that it has
decided to accelerate the development of its Vysokovoltnoye Project at the
Amantaytau Goldfields mine in Uzbekistan. It is planned to produce the first
silver and gold from this project during Q1 2005. The principal reason for this
acceleration is the recent significant increase in the price of silver.
The Vysokovoltnoye project will be funded out of cash flow generated by the
Amantaytau Oxide project and has a net present value of US$54.8m at a discount
rate of 10% pa. over seven years.
The three orebodies have JORC classified resources of 14.01 million oz of silver
and 0.49 million oz of gold contained in the shallow oxide zone. One of the
orebodies, OB7, has silver grades of 127g/t. The sulphide orebodies, known to
exist below the oxide deposits, have not been taken into account in the net
present value evaluation detailed herein. Additional satellite deposits in the
area can be processed through this plant.
Bill Trew, Oxus CEO, commented, 'With the Oxus team's track record in
Uzbekistan, bringing the AGF Oxide operation into production in record time, I
am confident that, by accelerating the development of Vysokovoltnoye, we will be
well placed to take advantage of higher silver prices. This will enable us to
unlock additional value for Oxus shareholders and will be beneficial for
Uzbekistan and its people.'
Further enquiries:
Oxus Gold plc Russell & Associates:
Richard Shead London: Alex Buck
Tel: +44 (0)20 7907 2000 Tel +44 (0)7932 740 452
Williams de Broe Plc Johannesburg: Marion Brower
Joe Nally / Michael Shaw Tel: +27 (11)880 3924 / +27 (0)82 895 0698
Tel: +44 (0)20 7588 7511
This information is provided by RNS
The company news service from the London Stock Exchange
Andy
- 15 Apr 2004 18:21
- 38 of 52
Ajren,
A poster on another BB has confirmed that Oxus have sucessfully exported gold, and been paid.
He quotes Ooxus, so as i expect every cpmpany keep a beady eye on their thread from time to time, whilst we cannot verify the post, i'm reasonably confident.
Andy
- 16 Apr 2004 09:42
- 40 of 52
LW,
I know, hardly receiving any at all, Totalise have a problem, and support are not replying to my emails, despite the fact that I pay for the service!
Please try - theyarenotgreen@hotmail.com
sconradie
- 26 Apr 2004 14:33
- 41 of 52
I saw in the latest SHARES-mag that Seymour Price gave Oxus Gold a targetprice of 122, and also a recommendation of 'outperform'. Does anybody know of any other recommendations for Oxus Gold?
Andy
- 26 Apr 2004 22:45
- 42 of 52
Sconradie,
Well this news was certainly needed!
Notice the well chosed words to specifacally confirm that the gold has
been "exported and sold on the London market"!
Thanks Bill, this is exactly what was needed, and maybe we can breakout from the downtrend now?
-----------------------------------------------------------------------
Oxus Gold PLC
26 April 2004
AMANTAYTAU GOLDFIELDS TRADING UPDATE
London, 26 April 2004 - Oxus Gold plc ('Oxus') (OXS.L) is pleased to present an
initial trading update on its phase 1 gold mine at Amantaytau Goldfields ('AGF')
in Uzbekistan.
First gold was poured in January 2004, followed by the commencement of
commercial operations on 1 February 2004. In the two months to 31 March 2004,
AGF produced 21,147 ounces of refined gold, all of which has been exported and
sold on the London market.
Initial cash operating costs of US$139/oz are expected to reduce to forecast
levels of US$110/oz with ongoing process optimisation and production build-up to
full design capacity.
April production is on target and Oxus is pleased to report that AGF will be in
a position to make the first repayment against the US$36 million project finance
loan on time at the end of April. In addition, by the end of April 2004, AGF
will already have discharged approximately 11% of its hedging obligations.
Bill Trew, CEO of Oxus, commented 'For a start-up operation, these are very
robust numbers from AGF which clearly demonstrate the quality of this mine. As
time goes on, I am confident that AGF will exceed its cost and production
targets. I wish to offer my congratulations to all concerned.'
Further enquiries:
Oxus Gold plc Russell & Associates:
Richard Shead London: Alex Buck
Tel: +44 (0)20 7907 2000 Tel +44 (0)7932 740 452
Williams de Broe Plc Johannesburg: Marion Brower
Joe Nally / Michael Shaw Tel: +27 (11)880 3924 / +27 (0)82 895 0698
Tel: +44 (0)20 7588 7511
This information is provided by RNS
The company news service from the London Stock Exchange
ITBMI
pwmiles
- 26 Apr 2004 22:55
- 43 of 52
Cheer up Oxies (hi Andy). This is the news I was waiting for, at least that is how it sprang out this morning, so I have dipped in today. It is only a toe in the water; I will look to add on a higher low (not a lower one)
sconradie
- 27 Apr 2004 00:27
- 44 of 52
Ahh, finally some good news! I hope this will be the end of the downtrend- It seems like Oxus is a strong company, so I could not understand the big drop in there price the last few weeks. (Well they say what goes down goes up also, so let's see:) I've just been on there website, and I must say it is a very nice website.
food
- 18 May 2004 19:41
- 45 of 52
did any one else hear about oxus bidding for cambridge
food
- 18 May 2004 19:44
- 46 of 52
food
- 18 May 2004 19:45
- 47 of 52
cmr that is
Andy
- 18 May 2004 22:36
- 48 of 52
food,
Yes I saw a rumour on another BB, but have no idea of there is any truth in it.
spencermd
- 25 Jun 2004 08:38
- 49 of 52
25/6/04
http://secure.financialmail.co.za/04/0625/companies/dcomp.htm
sconradie
- 20 Aug 2004 16:59
- 50 of 52
I saw in SHARES Mag this week they are trading OXS stocks without the consent by oxs ex on the Berlin market, and the same with some other AIM listed companies, causing shares here to fall. They call it 'short-sold'.
But they say it is all legal and AIM companies can't do anything about it!
Does anybody now more about this? (looks like a legal scam?)
Is OXS still a buy or sell?
gallick
- 22 Aug 2004 12:28
- 51 of 52
>> sconradie
It's called naked shorting. Check out www.lemminginvestor.com
rgrds
gk
scotinvestor
- 31 Aug 2004 15:53
- 52 of 52
why has oxus been crap all year when gold has been getting stronger. and they seem to be doing well apart from latest news recently which has bairly dented share price.