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





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

Not going to do much until the government give the approval.

TOO CHEAP....... trading right on HISTORICAL NAV per share for 2008 (see below) and on a foward miserly P/E of just over 7 to 2010. Way undervalued imho.

Oxus Gold PLC

FORECASTS
2009 2010

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Fox Davies Capital
08-02-10 BUY -1.34 0.96

Canaccord Adams
28-10-09 HOLD

Fairfax IS
16-09-09 BUY 3.13 22.80

2009 2010
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus 3.13 -1.34 22.80 0.96
1 Month Change 0.00 0.00 0.00 0.00
3 Month Change 0.00 -0.43 0.00 2.48


GROWTH
2008 (A) 2009 (E) 2010 (E)

Norm. EPS % % %
DPS % % %

INVESTMENT RATIOS
2008 (A) 2009 (E) 2010 (E)

EBITDA -2.88m -4.80m 7.87m

EBIT -3.01m m m

Dividend Yield % % %

Dividend Cover x x x

PER -9.57x -5.63x 7.86x

PEG f f f

Net Asset Value PS 6.88p p p

Zak Mir pro TAer has just posted this on OXS.......

Zak Mir



Reged: 28/06/07
Posts: 1258
Re: OXS OXUS GOLD [Re:
#462772 - 18/03/10 07:38 AM Edit Reply Quote



Although the last move down for OXS towards the 7p was not apparently helpful, the shares have not broken any support and remani a buy on weakness for a return towards the January resistance zone at 10p plus over the next 2 - 3 months.

Post Extras:

Nothing like having a bit of Gold in your portfolio when inflation might be about to rear its ugly head.

Not only that but I see precious metals are soaring.

So I had a look at OXUS GOLD oxs and it looks like the charts turning positive. Rather a volatile little devil so be carefull and dyor if you are entering.........

Nice Chart - Goldfinger

I have been holding for some time now glad to see others have began to see the potential with OXS

same here. cheers bb

Cheers chaps.

Fairly recent Broker snip.....

Recently, London-based stockbroker Fox-Davies Capital raised its target price for Oxus to 22p per share from 12p. In a note, the broker said it has carefully reviewed the mine plan for the AGF project and the evidence suggests that its previous evaluation was far too conservative, and realistically the target price should be higher.

The stockbroker said it has looked at a number of scenarios for the mining of Amantaytaus underground sulphides. According to Fox-Davies, the projects valuations vary between 17p and 24p subject to the different mining methods and scenarios being modelled. All the scenarios assumed that no further resources are discovered. Given its current knowledge the analyst believes that this is highly unlikely, however until new reserves and resources are delineated it is difficult to model them, Fox-Davies said.

Seems to be picking up

Certainly worth reading this broker note......

http://www.fox-davies.com/media/151295/oxusflashnote21stapr2010.pdf

Business Financial Newswire
"Oxus Gold has started a drilling programme within the licence area of its 50% owned Amantaytau Goldfields (AGF) joint venture in Uzbekistan.

AGF is targeting an increase in JORC classified gold reserves from the current 2.4 million ounces to over 7 million ounces as a result of the drilling programme, after allowing for mining depletion.

The total exploration potential (JORC and Soviet classified) at AGF is currently identified as approximately 24 million ounces of gold and 480 million ounces of silver.

The total budget for the five year programme is approximately $22 million, of which $2.5 million has been committed from current cash resources to be spent during the remainder of 2010.

Chairman Richard Shead says: "The exploration potential at AGF is substantial. I am delighted that we are now able to allocate the funds to commence this programme, which we believe should add significant value to the investment in AGF.

"Over the next 3 to 5 years we also plan to increase gold production at AGF to 300,000 ounces per annum, which, together with the targeted increase in gold reserves, should transform Oxus' standing as a gold producer and explorer".

nice one harry...good long term hold here, may even top up a few..

Looks like this one is getting a lot of Bull backing again today already.

That broker target of 30p is ultra bullish.

Long may it last.

OXUS GOLD OXS

Another corker, in the Gold mining sector. Just read this broker note and then a very unconventional bullish chart........

http://www.fox-davies.com/media/151295/oxusflashnote21stapr2010.pdf

More good news out at last.

Great update.....

http://www.investegate.co.uk/Article.aspx?id=201005170700139841L

How high do you think it will go?????

Moving ahead nicely now, just about 15% up on the day.

MMs as usual will try treeshakes in this one like they have done over past few days be aware of that.

kosy keep looking at the chart.

Next SP to take out at resistance is just above 10p.

Thats where I came in last so hope we break through and hold. GL all. CEY seems to climbing again.

Bullish post just out from Pro TAer Zak Mir.....

Zak Mir



Reged: 28/06/07
Posts: 1291
Re: OXS OXUS GOLD [
#465164 - 17/05/10 08:12 AM Edit Reply Quote



A good bear trap rebound from OXS, with the longer the post March 8p resistance zone holds, the greater the chance of a retest of January resistance of 10.5p.