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

Oxus Gold refers to recent discussions between its wholly owned subsidiary, Oxus Resources Corporation ("ORC"), and the Uzbek shareholders of ORC's 50% owned Amantaytau Goldfields joint venture ("AGF").

As a result of these discussions, the Uzbek shareholders have agreed, in principle, to acquire ORC's 50% shareholding in AGF for cash, at a price to be agreed. The Directors of Oxus will only recommend a disposal of ORC's interest in AGF if the price agreed in their opinion represents fair value to the shareholders of Oxus.

The Company also announces that Miradil Djalalov and James McBurney will resign as non-executive directors of Oxus with immediate effect and that it is implementing a significant cost reduction programme throughout the Group.

Whilst the negotiations to dispose of ORC's shareholding in AGF progress, AGF will continue to process ore from its stockpile at Nukrakon.

In the event that ORC reaches agreement with the Uzbek shareholders to dispose of the shares in AGF, then such disposal would require the approval of the shareholders of Oxus. In addition the Company would become an Investing Company (as defined in the AIM Rules for Companies) and, as such, it would need to advise shareholders of the Company's investing policy and obtain approval for that policy. It is currently proposed that the Company's investing policy would be to generate an attractive rate of return for shareholders, predominantly through capital appreciation, by taking advantage of opportunities to invest in the mining sector outside Uzbekistan.

I well remember buying these shares around 60p in 2007 the graph has shown a steady downhill trundle since then with the only ones making any money out of it being the ones with paypackets.Such is life.But I think the writing is on the wall for a slow lingering death and a carcass so devoid of meat even the jackals will give it a miss.This of course is my view and i would much appreciate other points of view some of which will be more informed than my own.

Sorry according to my little book it was on the 29/9/07@52.5p.It will join other instantly forgetables such as Subsea(sunk without trace) Aen (who?) Fgml (there is no gold in them thar islands!!)But Hi! Ho! somebody has to support these little charities.But if you want a laugh drift back over the early postings,is smiler still smiling? me thinks not.

whats happened to this heap of s*it!!!

Uzbeks trying to get it for peanuts but there is more to it than meets the eye...MMs have hammered the price down to just above 1p...now watch for oxus and uzbeks go for a good settlement price ..these guys having filled their boots at around 1-1.5p...everyones happy..uzbeks get the gold and the massive share increase will pay for a good chunk of that..i'm looking for a settlement figure of 12p-20p a share..my average is now 1.46p

You (and me) are now yet more in negative territory, maestro. All we need now is for the stock to be suspended and we can all tear up our contract notes.

my holdings are now worth 20% of original value.

Lucky you.,.

Just have to ride it out but I think that I will take up hula dancing and playing the bagpipes before I see a return, now where did I put me sporran?? Och Aye the noo!!

Won't be long before the sp is lower than the face value of each share.

I am going to have a little punt tomorrow, my thoughts are still that it is a high risk venture, but nothing ventured........................... or as my father had a habit of saying "A FOOL AND HIS MONEY........................................... see you on skid row????? or Kerchiiiiiiiiiiiiiiing!!! as someone has a habit of saying.

That is real classic graph!! Worthy of the Acme company in roadrunner??

surely the uzbeks will fill their burkas at 1p or maybe they 'll wait for 0.5p...then it will be 2m market cap with 2.8m ounces of gold and 7m of silver assets in the ground...could easily be a 10 bagger when we get a fair arbitration...maybe even alot more

A ten bagger at 0.5p! Current holders aren't going to be too impressed with that!

yes but nowt stopping them averaging down

Exactly what I have done. Now holding twice the amount of worthless script with the same feeling in my gut that Captain Smith no doubt felt as Titanic slipped under..

We will soon have to tack on an extension piece to the bottom of the graph!!

I want to ave, down but just don't know when or if.,.

In my little book I made a note, Dont get involved in anything in the eastern bloc. Why did I not listen. I had the same thoughts about australian mining shares and ignored them only to lose a packet on Gladstone. If you are looking for honesty stay away from churches politicians and business men. which only leaves Thee and Me and I am not sure I trust you that much???????????????????????I am going to hide under my paranoid stone!!!!!!!!!!!!!!