::::::::::::::::: OXUS GOLD 2005 :::::::::::::::::

I still reckon if Jerooy is lost, irespective of the value in/not in the current SP, Oxus will get hit by the market. It seems inconceivable to me that the MM's will not react negatively. I'd expect a raft of selling to lock in gains on any such news. From such a point Oxus will need to calm the market sufficiently on how they will make up the loss of production and also the loss of the cost of building Jerooy. The cost of Jerooy would surely have to come off the SP for starters, plus any expected legal cost. These costs would negate some of the gains on the current high pog. Broker forecasts will have to be revised downwards if they currently allow for Jerooy.

Investor confidence will take time to be rebuilt and I do belive that RAB are capable of being wrong.

I still hold, but less now than at any point since buying at 11p.

I have great confidence in the OXS board to settle this dispute in our favour, but I have pretty much zero confidence in the Krygz being co-operative about same.

I wish Oxus all the best luck in the world with this. If the licence is granted I will buy in at a no doubt higher price. I have to currently limit my downside risks so accept this. If Jerooy is granted and Oxus SP makes a £1 overnight I'd still buy simply on future prospects being assured.