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Blaming me for this shtshow, haha!
Now back to where we were last Monday, hilarious!
Correction - Nigh on 30% down on the day. Sterling job Naheed, take a bow.
Sidcup
Investors who bought shares in ORCP and are concerned that they have just witnessed a blatant orchestrated pump and dump are now trolls soiling themselves because it's about to 'take off'................While at the same time the price on the day is down over 23%, so nigh on a QUARTER of the entire value of the company has been wiped out in less than 8 hours.
Onwards and upwards?? Are you being deliberately ridiculous or (more worryingly) do you actually believe that tripe? It's always going to be 'onwards and upwards' because any share purchase goes DOWNWARDS within a couple of days, EVERY time.
As the saying goes for tabbing around the Brecon Beacons, if you don't like the weather, just wait 5 minutes. In the case of ORCP, if you think Naheed is doing a good job and things are progressing towards a bonanza......Just wait 5 minutes, reality is on the train, and unlike Naheed, it's never late.
25 trillion now is it? The size of the whole USA economy. Remarkable.
i filtered them all ages ago but someone just let me know how badly the trolls are ****ting themselves right now that this is about to take off in a big big way! onwards and upwards good luck all!
Give it a rest, Keith. You’re an embarassment. Literally wetting yourself last week due to the rise (on nothing) and two days later we are back where we started.
$25 Trillion Thar Coal Reserves : Sindh will produce Gas and Fertilizer from coal
He talks extensively about using Thar Block VI for the coal to gas development from about 2m30s in. I used transcript option and google translate
https://www.youtube.com/watch?v=ZAV2vaUd38I
Whatever share less costs to date will need to be funded by orcp. How and with what dilution is the question. Debt won't touch it this far our from revenue.
They are meeting only a small fraction of these costs?! Are they? What utter tosh.
So you expect the partner whoever it is, to cuddle upto 1m market cap orcp and fund a multibillon project while still leaving orcp with (any) equity. Get real please!
Yep even though they are only meeting a small part of the costs of these massive projects, funding will be required at some point - we wait and see what they will be offered in terms of clean development funding for the green hydrogen and a sale or further JV with a big miner for the gold is a likely outcome. It does seem to me that if there's a placing it is going to sticky hands because there's been no forward selling at all this time. That would be very positive.
It does bother me that the company is so reluctant to market these projects - we've had an unexpected rise, the least they could do is a tiny bit of PR to keep the market interested!
James, you’re bipolar…one minute backing Naheed/Oracle, the next you’re seeing reality.
But to no great avail, now he just looks as daft as ever. Will be shocked if a placing doesn't drop in the not too distant future. The company can't continue to survive without funds, therefore its a placing or a finance deal with a partner.
100%, I see the Keith aka. The lord has been us spreading his utter nonsense. Tragic.
What has been evident here is a few buys raised the SP from what has been a long basement level. Today and late last week there were a few sales which knocked it but to call it forward selling of an up and coming raise is a stretch beyond the facts. What has caused this activity, to be fair its small beer in value, is yet to be confirmed. Hope springs eternal.
Over arching this is there has to be a longer term funding solution. What this company is involved in demands shed loads of capital and a just covering the BOD expenses and salaries every few months with never ending share dilution just does not cut it.
Crunch time is here
AIMO
Yet another Naheed special I see, falsely run the price up to 'infer' something is going on. Then watch the usual posters putting out completely ridiculous media articles from PAK newspapers saying they want to produce their own energy so 'obviously' ORCP is about to be bought out by Shell and Rio Tinto for multi-billions.
The silence says it all (and the collapse in the price), it was/is a forward sold placing that the same posters will say is "out of the way now, finances are secured for Naheed's next nail Spa treatment......sorry......high level strategy forum with 'serious' players in the international energy realm, these boys aren't messing around, no Sir-ee, they mean business, keep going Naheed, we're all right behind you" (about 90% behind you in fact due to your consistent placings to achieve NOTHING).
What's that coming over the Hill is it a Placing, is it a Placiiiiiing.
Let's just wait and see what the next RNS says that will obviously be 'in the best interests of shareholders', when it isn't, wasn't and never has been.
Tick Tock
JamesP21- why did Zak ramp this - on what basis was the ramp?
Appreciate any views on reasons etc. Thanks
No more buying here lordsidcup, seen enough of my hard earned squandered already.
How are people doing buying on the dip? Couple of traders out this morning but still very hard to buy much
Lordsidcup. Give it a rest. Every time you ramp this it sinks further. 'Better to remain silent and be thought a fool than to open ones mouth and remove all doubt'.
No coincidence that Zak Mir ramped this up on Wednesday and Thursday only for the price to collapse Friday/Monday. Wouldn't surprise me if it was orchestrated by Naheed so she could carry out a placing at a more favourable SP. Lets wait and find out.
While the news on Sindh government on Thar is encouraging, it will still take many more months before being finalised by federal government and not to mentioned, still year away from any revenue generation.
in the meantimes, we had placing around 6 mths ago, and so, another one is well overdue. i wont be jumping in knowing that Naheed will surely do one placing very soon.
Something odd going on - massive volume again this morning, a couple of tree shakes, as you say still very hard to buy and then completely shut down all afternoon - I think there's a large buy order being worked I've seen similar before - probably it will appear after hours today or early next week. Anyway extremely encouraging going forward that the market interest is back and big developments happening with Thar!
I could have averaged down but didn't, I still don't have much faith in Naheed to deliver (regardless of the potential). I hope I'm wrong and she surprises me.
I hope so Lordsidcup - my ave is 0.5 so I have a way to go but cannot bring myself to put any more in as just don't trust it.
GLA! 🤞🏻💰🥂