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Oxus Gold (OXS)     

Andy - 09 Jul 2006 13:12




Company Profile

The Oxus Group was established in 1996 and quoted on the Alternative Investment Market (AIM) in London in 2001.

Oxus Gold plc is a UK based international mining group with gold mining interests in Central Asia. Oxus is the joint owner (50/50) with the government of Uzbekistan of Amantaytau Goldfields (AGF) which is developing several mining operations in the Tien Shan gold belt near Zarafshan.

The first mine was constructed and commissioned by Oxus in January 2004 on time and within budget and commercial production began the following month. AGF has since produced more than 270,000 ounces of gold to the end of September 2005 and is now producing at the planned rate of 151,000 onces per annum.




Amantaytau - Jul 2004


Chart.aspx?Provider=EODIntra&Code=OXS&Si


Contact details

Oxus Gold plc - Head & Registered Office

Tel: +44 (0)20 7907 2000
Email: enquiries@oxusgold.co.uk

Web: www.oxusgold.co.uk


For Oxus Gold press releases, click HERE

Andy - 21 Aug 2006 10:52 - 11 of 817

Just when you thought it couldn't get any worse!

======================================



Eurogold Limited
21 August 2006



EUROGOLD
L I M I T E D
(ACN 009 070 384)


21 August 2006
ASX & AIM Symbol 'EUG'


Eurogold Claim Against Oxus Gold Plc

On Friday, 18 August 2006 Eurogold Limited was granted leave to serve Australian
Federal Court proceedings against Oxus Gold Plc in the UK and Oxus Holdings
(Malta) Limited in Malta.


A directions hearing has been set for 11 September 2006.


Steps are being taken to serve Oxus Gold Plc this week.


This matter arises from Oxus Gold's repudiation of the contract to acquire
Eurogold's Mining Assets on 29 June 2006 for a consideration of AUD$27.8m
(GBP11.1m)


Peter Gunzburg

Executive Chairman


This information is provided by RNS
The company news service from the London Stock Exchange

Andy - 21 Aug 2006 10:53 - 12 of 817

Someone from this BB emailed me via the private message system here re Oxus and another company.

MAM private mesages do not give a return email address.

I cannot see their name here to reply to, so could you please message me again with either your poster id here, or an email address so that I am able to reply?

IanT(MoneyAM) - 21 Aug 2006 10:56 - 13 of 817

Andy,

Just above the message you should see the text:

The following message was sent by *******
and then a link which will take you to their profile.

Ian

Andy - 21 Aug 2006 18:37 - 14 of 817

Ian,

Many thanks indeed.


edit,

sadly Smiler o has not activated his email response yet!

Smiler, please go to your profile and sety up an email account!

tweenie - 22 Aug 2006 06:10 - 15 of 817

I really have a softy spot for oxus gold. was my first 10 bagger and got me into this game.
Will put it in watch list. It's a profitable company is they have any mines left after all the above.
good luck to all those that hold.

smiler o - 24 Aug 2006 16:37 - 16 of 817

A better day to day, may it continue ??

PARKIN - 25 Aug 2006 10:21 - 17 of 817

UP 5.5 WHEN THIS WAS WRITTEN LETS SEE HOW FAR THIS WILL TRAVEL

smiler o - 25 Aug 2006 10:26 - 18 of 817

PARKIN

yes watching with interest !!

Andy - 27 Aug 2006 17:22 - 19 of 817

smiler 0

well Oxus is up nearly 50% in a few days, but any more bad political news could soon mark this down again, so I have not bought any, although I viewed them as undervalued at 20p.

Now they have confirmed legal proceedings are to commence, see RNS below;


Oxus Gold PLC - Re: Eurogold Limited


RNS Number:0859I
Oxus Gold PLC
24 August 2006


news release
Oxus Gold plc

Eurogold Limited


LONDON: Thursday,24 August 2006 - Following the announcement from Eurogold
Limited ('Eurogold') dated 21 August 2006, Oxus Gold plc ('Oxus') can confirm it
has received proceedings issued in the Federal Court of Australia , against Oxus
in the UK and against Oxus Holdings (Malta) Limited in Malta.

Oxus terminated its purchase agreement with Eurogold because a material adverse
change to the disclosed business and assets of Eurogold had occurred after
signing the agreement. A number of significant matters had become apparent,
including, but not limited to, the fact that the approved C1/C2 reserve ounces
for the Saulyak deposit are significantly lower than the 578,000 oz figure that
Oxus understood to be the approved amount.

Oxus firmly believes that Eurogold's claim is without merit and will vigorously
pursue its defence and any counterclaims against Eurogold.


End


Further enquiries:

Oxus Gold plc Tel: + 44 (0)20 7907 2000
Richard Wilkins, Company Secretary
Joanna Solino, Investor Relations Officer

Bankside Tel: + 44 (0)20 7367 8873
Keith Irons
Oliver Winters


This information is provided by RNS
The company news service from the London Stock Exchange

END
MSCSEAFMLSMSEFA

ateeq180 - 27 Aug 2006 19:28 - 20 of 817

I think we will see a further rise on tuesday,lots of buys after hours.

dave7010 - 27 Aug 2006 20:18 - 21 of 817

starting to look good.

smiler o - 28 Aug 2006 08:28 - 22 of 817

Andy

Thanks for that, this week should be interesting !

ateeq180 - 28 Aug 2006 19:33 - 23 of 817

ALL EYES WILL BE AT THE OPENING AS IT MIGHT OPEN HIGH THAN GO BACK LIKE IT DID ON FRIDAY,I MILLION BUY AT THE CLOSE LOOKS GOOD,NEED THE MOMENTUM,ANY ONE CAN GIVE SOME GOOD ADVICE AS TO WHERE THIS CAN GO FROM HERE AFTER TWO DAYS OF STRONG RISES.THANKS.

Andy - 29 Aug 2006 14:20 - 24 of 817

ateeq180,

Down 2p at the moment, this really is at the mercy of news now IMO.

Without an RNS update from Oxus, you cannot make an informed view IMO, to buy now would be a gamble, although there is plenty of upside should good news emerge, 20p looks to be the support line.

smiler o - 29 Aug 2006 14:26 - 25 of 817

Andy

Could not agree more, oxs are not the only ones with bad press have you read the news on AEN !

tweenie - 04 Sep 2006 13:02 - 26 of 817

Anyone care to guess how far down this is likely to go?

smiler o - 04 Sep 2006 13:23 - 27 of 817

Tweenie

At a guess no ! how ever it has been down to 19/20 about 2 weeks ago

tweenie - 04 Sep 2006 13:24 - 28 of 817

back on watch list

Andy - 08 Sep 2006 16:39 - 29 of 817

The bad news continues.


BISHKEK, Kyrgyzstan (AFX) - Kyrgyz authorities seized the factory and assets
of a gold mining venture that is majority owned by a British-based company, a
senior company executive said Friday.
Oxus Gold has for two years battled a government decision stripping it of
its license to work the Jerooy gold mine in Kyrgyzstan's northern Talas region.
The decision was based on the company's alleged failure to meet contractual
commitments and alleged delays in starting commercial gold production at Jerooy.
Fred Huston, deputy director of the Talas Gold Mining venture, told The
Associated Press that the region's deputy governor on Thursday ordered the
factory seized and ordered all workers and engineers to leave.
State-owned gold mining company Kyrgyzaltyn, which owns a one-third share in
Oxus, installed their own security guards and halted construction work at the
facility, which Huston said was 80 percent complete.
Huston estimated the value of the assets, including a processing facility
and administrative buildings, at around US$52 million (euro41 million).
"There are no court decisions and explanation why our assets have been
expropriated," he told AP.
Neither Talas regional officials nor federal officials could be reached for
comment late Friday.
In May, Oxus agreed to increase the government's share in the Jerooy project
from 33.3 percent to 50 percent, and promised it would begin commercial
production there within six months after resuming operations. In July, an Oxus
representative was shot and wounded by several men in the Kyrgyz capital
Bishkek.
It also pledged an annual US$3 million (euro2.3 million) in social benefits
for the regional budget.
The Jerooy field contains an estimated 74 tons of gold, according to Oxus.
The impoverished Central Asian nation has suffered from political
instability and deteriorating public security since the March 2005 ouster of the
longtime president Askar Akayev.

janetbennison - 08 Sep 2006 16:59 - 30 of 817

I SOLD ALL MY OXUS SHARES TODAY WHEN THIS NEWS CAME OUT. I MAY BUY THEM BACK IF AND WHEN THE TROUBLES DIE DOWN. I BOUGHT AT .30p take an 800 POUND LOSS. I HAVE HAD A BAD WEEK THIS WEEK. I HOPE THINGS START PICKING UP NEXT WEEK.
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