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Ralladw2 - that's easy to consider with the fresh eyes of a newcomer to ORCP who hasn't lost a small fortune and been misled over a number of years......perhaps if I hadn't invested here before and had no experience of the woman in charge I'd take a punt.
Unfortunately I agree with JSTAR here, some companies have the ability to let you buy and hold, Oracle isn’t one of those. I’ve never seen a share price decimated time and time and time again, for the trend to continue
With Naheeds lack of Communication surrounding anything of substance with GH, combined with her inability to negotiate and secure a decent fundraise, those who buy in now, could quite easily find themselves 50% down in no time. Some companies have the ability to drip feed shareholders something of value from time to time to keep the shareholders, and share price at bay, we don’t have that here
I’m 90% down in over 2 years and that gulf looks set to widen further. Some new PI’s may make money in the future. I wouldn’t consider myself an OG Long term holder and even I would need a parabolic run of 2000-3000%, just to break even. Which AIM company last did yet and how did they achieve it ?
My only blessing here now I’ve lost thousands, I can pick up MILLLLLIONS of these things for penny’s now and it can somewhat lower my average, but I won’t be breaking the bank to do so
If you want new investment Naheed, come out and tell them exactly what they’re investing into and what the future holds. We’ll get behind the company but you have to make us believe.
I do understand the optimism here. I was the big optimist 2 years ago but losing nearly all of your investment, surprisingly wiped that out of me
Jstar I understand that and as you said maybe wait for another raise/placing. Like i said cant trust naheed and her lies.
However promising projects and multibagging potential unless de-listed or bankrupt its worth a small buy at these levels for a pump even.
E.g invest £50 at 0.2p and if any good news comes and it goes to 0.3p-0.4p you doubled your money. If it goes to 0.1p then average down buy another £50-£100 and wait for pump or a rise.
If you just hold and forget about it for 1-4 years, if the green hydrogen project or other projects are going ahead, if major funding comes then its multibagging. That £50 quid or averaged down £150 turns into £500,£1000, £2000 whatever the true price and potential of this stock is.
Buying small amounts you wont even care about and probably forget, then come back couple years and you got some nice holiday money, or food/gas for a year. Its like free money the way I see it, 50/50 chance.
Just to illustrate the lunacy of buy and hold on aim shares like this. If you "invested" £1k.
Losses in 6 months 72% so down to 280.
Losses in 1 year 86% so down to 140.
Losses in 5 years 96% so down to 40
Losses since inception 99.78% so down to 2 quid.
I'm sticking by 250k raised this month at a price of 0.02. This mornings RNS just further flags it for anyone who can't read a cash flow.
If your strategy is bizarrely buy and hold at least wait for the raise to hit...
If your buying at this price, might as well just put £50-£500 on and forget about it for 12 months. Thats what this stock is now a 50/50 bet, cannot trust naheed and her placings and funding issues, either company goes bankrupt/de-lists or share price multibags.
The company it self has many exciting projects coming next 1-5 years. Billionaires Shiekh owns 70% with green hydrogen project looking the most promising. They will want this company to do well, they do not invest and own that much in a company that are rubbish or take a very long time to do things.
If different projects and funding works out even with placings, this is multibagging many hundreds or thousands times 1-5 years time. Thats if they have not gone bankrupt or de-listed by then
AIM anything is possible look at HE1 multibagged 1000% was great for the market and liquidity. You have to buy at the right times and you got to be in it to win it. If thats holding long time, day trading whatever you do, just do not invest on emotion or money you cannot lose.
Be careful another placing.
I’d probably guess that you have a higher IQ than good old Keef aka the lord. So you’ll be able to answer a couple of questions…. At what price do you think the next placing will be at? In your opinion, at what stage does naheeds position come untenable? What was it in today’s RNS that filled you with sooo much confidence? Surely that’s easy enough for you.
It’s because you know I’m right. You’re talking utter hypocritical nonsense. Like Keef.
It's impossible to have an amicable conversation with you, so I won't bother trying.
So if you know you won’t get your money back, why are you unhappy with me? Surely it is oracle and more specifically Naheed who you should be unhappy with! Why wet the bed this morning over yet another pathetic RNS, if you know you’ll never see your money back?! Strange.
I bought in when she said a LOI would land in q1 2020! And I believed her lies for years. Now I have clarity. What makes me laugh about you James, is that based on today’s pathetic RNS you’re now back to being a believer! So all those times you’ve posted negative comment recently, did you forget why you bought in? Stop being a hypocrite, oh and there’s one major inaccuracy in your post… “the way we’ve gone about funding”, what are you talking about?! We’ve not got funding!! What price do you think the next placing will be at, just to keep the lights on and keep Naheed in gucci shoes? Seriously, what price? Because one thing is certain, we’re once again running on fumes.
If you understand that projects need funding, why didn't you understand it when you bought in? I'm not saying I agree with the way we've gone about funding, I'm massively underwater and doubt I'll ever see profit, but lets not pretend this is anything new.
Exactly, she’s clueless.
The feasibility is a positive move
But:
“We continue to work on the completion of the grid interconnectivity feasibility studies in collaboration with SGCC, as well as geotechnical and environmental studies, which will follow soon after, leading us into the FEED stage and future confirmation of potential off-take and financing arrangements."
Suggests that there is a fair bit of work involved before financially securing this for Oracle Energy. It’s the placings from now until then
If Naheed got ahead of the game and indicated to shareholders Oracles intentions long term, the potential revenues involved and 5 years plan, you may find more PI’s buying in and getting excited. To finally develop an understanding of where we are
But there’s none of that. I’m gobsmacked. It’s stuff happening behind the scenes but nothing of interest being relayed to us in detail. The company may be contracted to keep certain details confidential at this time, which is fine, but don’t expect the share price to hold up
Yes and I also understand the need for finance. Please explain why a RNS that made you wet the bed with excitement has resulted in zero market reaction / interest/ sustained rise in share price and now quite the opposite ie. Red.
I think the bigger problem is that everyone now knows how our CEO operates.
You’re going on like the FS is a bad thing. Do you understand how projects operate?
Now share price back in the red… didnt “Keef” expect a +50% increase today? That guy is thicker than mud. Still waiting to know who these mythical shorters that he speaks of are.
Her reputation now goes before her.
And the market reacting accordingly! Just another RNS to get away another placing… to pay her salary.
The pattern is too obvious.
Indeed it is Comedy gold. Even "project developers" need to have a foresight about strategic investors to take the project to operation. Foreign ( and possibly local), including the Chinese, do not have the investment appetite to do multi-million (and billion) dollar deals in that country. These complex projects require strategic partners from the outset who invest ( no MOUs). Hiring consultants are being paid to please but doesn't mean the project(s) are bankable. Comedy gold indeed.
I’d definitely say it’s welcomed and another step in the right direction. But looks like another 6-12 months before financing and funding with 2-3 more studies ongoing, before anything can be signed legally.
Placings inbetween, really need this share price to hold up because at the current rate, Gold and no THAR news wont support it.
The end goal and prospect for ORCP and shareholders alike could be very lucrative, but we have no idea what our future involvement will be, and rewards which come with it
I have long doubted Naheed, but todays RNS is much welcomed. Lets remember that we're project developers, we won't need full funding to turn the project into production.
The rest of the paragraph doesn’t have anything but further jam tomorrow!
Placing before end Feb. At 0.02p.