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My favourite bit from the torrent of uninformed diarrhea of the past few days is the idea that coal 'wastes away in the ground'. The creation of a coal deposit like this takes millions of years, but now it's wasting away! Just a dismal level of knowledge and understanding. Way to **** the bed!
Full of green boxes tonight, guess that can only mean one thing. The same gawb is still bitter and hurting….imagine living his life for a day ha ha
Shame - everyone here is hiding from the truth.
Apart from Expateddie1 - who has managed the grand total of 3 posts in 18 months all on this board. Quite the expert, no doubt.
I have since found that out, by the way, as it clearly didn't look as if there was anyone left here, and no doubt anyone still here would be too disgruntled to be helpful.
"Measured Resource at Block VI, Thar Coalfield, of 1.423 billion tonnes" dated 19th May 2008.
Oh, and that is now fourteen - 14 - years ago. Have they done anything here ever since?? Probably not.
So can it be sold to the Chinese as an asset and if so what would be the value??
Don't blame you, someone who spends longer writing messages than finding out that Oracle hold 1.4bn tons of coal in block VI clearly is not interested or invested.
Hi Spank, Yep, I seem to have a sea of green filtered messages this morning. Got him blocked on Twitter too. Don't need all that negativity over my morning coffee...
Yeah, don't worry about me. Any mention of the coal project and I will be selling my holding and disappearing. Any mention of anything else and I will be well and truly stuck here.
And the share price is going back down now, in case anyone hadn't noticed. Oh but then the placing was at 0.275p so this is no great surprise. I expect it will soon be back down below 0.25p as there is very little to get excited about here - though apparently the Green Hydrogen project may be up and running by 2026/2027.
I seem to remember that the Sheik invested at 0.25p so his investment isn't showing much of a return either. In fact I'm surprised he's still on board the way the management keep bungling everything.
But then if we all keep our fingers crossed there might be some talk of one of the coal projects progressing. Not that anything will ever come of it but it might just be the big chance that I need to offload my holding here. That will make me very happy while the rest of the posters and holders keep dreaming.
Probably best to not bother with any replies to his comments
6 filtered messages, I only have one individual on filter too, 6 messages and not even 11am, must be ranting like crazy.
Lol..been here for 7 years never used to be like this!
Lots of green filtered messages appearing this morning, glad I took your advice James.
There's obviously no one here anyway - and I'm not surprised.
Anyone who believes that this coal project will ever get off the ground is a total dreamer - or else has far too many of these almost worthless shares.
Projects were proposed in 2009, 2010, 2012, 2013, 2015, 2017 and 2019 with numerous MOU's and JDA's and yet not a thing has come from any of them.
For the last few years this project was moth-balled in favour of the climate changers but even now when these alternative renewable sources of power have proved to be costly this project still won't do anything, even with Chinese support. No doubt that will soon change again but what will not change is that this project is dead in the water. Stop dreaming.
https://www.dawn.com/news/1703063
Thar coal is being utilised. Our block just needs the go ahead. Due imminently. Stop spouting rubbish. If you can’t be patient with this stock, sell up and jog on.
And the proceeds would certainly fund the Green Hydrogen project.
The obvious solution to a project that is never going to get started and an asset that has no other value is to sell it lock, stock and barrel.
I bet the Chinese would have the whole deposit stripped and hauled to China in a matter of years.
And the good thing would be that if they did sell the coal asset they could still proceed with the Green Hydrogen. WIN WIN!!!!!
Question please, or rather 2 questions - if there is anyone left here.
1. Are ORCP even allowed to sell the coal deposit (and to a foreign company)?
2. If so how much coal is there and what would the sell price per ton/per asset be?
Because I can tell you now for certain nothing will ever be done with this coal in country, not for power, not for fertiliser and not even by the bag when the local people won't be able to afford anything else to heat their homes.
Cheers in advance, if there really is anyone left here.