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

Thats the idea :-))

Well done Balerboy.....also made a small gain but should have held on.....was watching PVR and such....

still buying at 5.8p, not in pvr but gl rf.

OK FALSE ALARM NOW SHE FALLS BIIG TIME

You'll get it right in the end.....

how is 6p falling???

i DID SAY SOMETIME TODAY IT WOULD FALL SO LETS WAIT AND SEE - WHO COULD POSSIBLY BUY IN AT THESE LEVELS?

Now thats more like it - this is a shell company and worth 1p at best imho.

There what did i tell you!!!!!

still feel smug at selling 5.5p lets see what happens tomorrow.,.

plus 46 mil buys to 27 mil sells say's theres more to come when the ave,vol is 8 mil. imo

Yipee!! Got back most of the cash I had written off, Why? I don't care, Where it goes from here, I dont care but good luck to you boys still in.

RAB's still in at 26%.......makes you think.,.

2mil buys in ten mins.,.

missed the 6p but out at 5.7p for a 45% profit.,.

Its like being blindfolded in a casino and placing your chips, what the hell was all that about??? We had Maestro claiming big news and predicting 30p, Rab buying in big time a month ago. A buying frenzy, All based on what appears to be sweet fanny adams. It appears to be the same madness that gripped the nation in the great tulip bulb debacle. Some bright spark jerks the strings and we all jump. I note that the boss Shead managed to ditch a lump of 500,000 for 5.6p how fortunate?? I for one have had enough of it and have reduced my portfolio down to 7 companies showing a unhealthy red glow. If and when they ever show signs of life I will dispatch them also. If these reach 30p, and I hope for your sakes they do, good luck.My cash is going to be squandered on a small pile down the south of France. Adieu!

i got rid @ 5.80 thought it was too risky to wait any longer.
bought @1.50!!!!!!!! happy days

StockMarketWire.com
Oxus Gold has entered into a £3m Equity Financing Facility ("EFF") with Darwin Strategic, a majority owned subsidiary of Henderson Global Investors' Alphagen Volantis fund.

With the EFF, the company may make drawdowns up to an aggregate of £3m ("Maximum Commitment Amount") by way of Darwin subscribing for new ordinary shares of 1p each in the company during a period of 36 months beginning today. The EFF will be drawn down at the company's sole discretion and the proceeds will be used to fund its working capital requirements.

Richard Shead, Chairman of Oxus Gold commented: "We are very pleased that Darwin has agreed to provide an equity finance facility to the company. This funding arrangement provides Oxus Gold with a long-term flexible source of funding, which can be accessed at the company's discretion and will complement the litigation funding arrangements which we put in place with Calunius in March 2012."

Update on arbitration proceedings:
http://www.moneyam.com/action/news/showArticle?id=4446659

StockMarketWire.com
Oxus Gold posts pre-tax losses of $3.1m for the six months to the end of June compared with income of $25.0m a year ago.

Oxus says this includes arbitration costs of $1.5m and interest charges of $0.8m.

The company said the major portion of management's time during the past six months has been to continue the arbitration proceedings seeking compensation for the group in respect of the Amantaytau Goldfields and Khandiza mining assets.

The company said it filed its detailed statement of claim on 17 September.

The statement is accompanied by an independent quantum report prepared by accounting expert, Ernst & Young, and an expert opinion on valuation by Wardell Armstrong International, quantifying the losses to Oxus as a result of various breaches of the UK-Uzbekistan bilateral investment agreement by the Uzbekistan government.