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zaphod99 - Tue, 03 Jan 06 :

grgkecer - agreed. Oxus is high risk, high reward.

Unfortunately, there will always be a degree of uncertainty hanging over Oxus's assets in the FSU countries. Thankfully, Oxus got Amantaytau up and running before the recent political problems in Uzbekistan so the government are already reaping the benefits. I don't think there are any immediate concerns there but things can change very quickly in that region.

It was encouraging that Oxus signed an agreement last March to work with the state-owned Navoi Mining company to explore the Kosmanachi silver/gold deposit so it looks like they are on good terms with the Uzbeki government.


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