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Pin to quick picksOracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

London Stock Exchange
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Share Price: 0.016
Bid: 0.015
Ask: 0.017
Change: -0.001 (-5.88%)
Spread: 0.002 (13.333%)
Open: 0.017
High: 0.017
Low: 0.0145
Prev. Close: 0.017
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TRADING UPDATES: Alternative Income profit up; BiVictrix loss widens

Mon, 07th Mar 2022 19:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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Alternative Income REIT PLC - London-based real estate investment company - As at December 31, net asset value per share rises 6.7% year-on-year to 90.38 pence from 84.68p, despite dip in property portfolio value of GBP107.7 million across 18 properties from GBP108.5 million across 19. For the six month period, pretax profit more than doubles to GBP6.2 million from GBP3.0 million, while net rental income edged upwards to GBP3.7 million from GBP3.5 million. Increases dividend per share by 16% to 2.60 pence from 2.25p a year prior.

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Downing Renewables & Infrastructure Trust PLC - investor in solar parks, wind farms and hydroelectric plants - As at December 31, net asset value per share at 103.5 pence, up from 98.0p at October 8, 2020, which is the company's incorporation. Portfolio generation stands at 195 gigawatt-hours, 4.7% above expectations, from a portfolio made up of 3,234 operating assets.

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BiVictriX Therapeutics PLC - Cheshire, England-based biotechnology company - For 2021, pretax loss widens to GBP2.5 million from GBP509,000, due to higher R&D, and administration costs, as the company continues to work on its lead programme, BVX001. As at December 31, holds a cash position of GBP6.1 million from GBP862,000 the prior year.

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Argo Blockchain PLC - London-based cryptocurrency miner - For February, mines 135 bitcoin, down from 172 BTC in January due to record high global hashrate and an increase in network difficulty. In addition, the company's facilities in Mirabel and Baie Comeau, Canada were subject to significant curtailment due to cold winter conditions. As a result, mining revenue drops 21% to GBP4.2 million from GBP5.3 million.

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Gore Street Energy Storage Fund PLC - London-based fund investing in energy storage assets - As at December 31, net asset value per share is 103.9 pence, up from 103.3p at the end of September 30, due to a strong performance from the company's assets in the UK and Ireland.

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Touchstone Exploration Inc - Calgary, Canada-based upstream oil and gas company - 3P gross reserves end 2021 at 121.3 million barrels of crude oil equivalent, up 21% from year prior, while 2P gross reserves increase by 16% to 75.5 million barrels of crude oil equivalent and 1P gross reserves increase by 13% to 38.7 million barrels of crude oil equivalent. Chief Executive Paul Baay says: "Our 2021 independent reserves evaluation confirms the significant opportunities at our Ortoire property and the profitability of all of our assets in Trinidad.

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TransGlobe Energy Corp - Calgary, Canada-based oil exploration and production company - For 2021, proved, developed and producing gross reserves increase 30% to 19.9 million barrels of oil equivalent, compared to 15.3 million barrels in 2020. Net present value of future revenue more than doubles to USD423 million from USD198 million.

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Maven Income & Growth VCT 3 PLC - UK-based venture capital trust - As at November 30, net asset value per share rises to 62.55 pence from 56.27p. Declares final dividend of 1.50 pence per share for the year, bringing the total payout to 4.75p

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East Star Resources PLC - Kazakhstan-focused gold and copper explorer - Following the completion of processing of 481 square kilometres of close spaced drone magnetic flown in September over the Dalny licence, identifies 11 target areas prospective for gold mineralisation along prospective sections of the first order. Zhenis gold target with geochemical and induced polarisation anomalies is now structurally interpreted as a 9 kilometre long and up to 900 metre wide area of structural complexity.

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Mosman Oil & Gas Ltd - Sydney-based oil and gas company - Announces initial production from the Winters-2 well in East Texas, with a flow rate of 545,000 cubic feet per day, around 105 barrels of oil equivalent.

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Zephyr Energy PLC - London-based oil and gas investment company - Although consulting firm Sproule International is continuing its work on the Competent Persons Report for the Paradox Basin in Utah, several factors including the CPR's scope and increased activity in the North American oil & gas sector has led to a short delay in the report's completion.

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Oracle Power PLC - London-based power and natural resource project developer with projects focused in Pakistan - Completes maiden drill programme at its Jundee East gold project in Australia, which had the objective of confirming the presence of an unrecognised greenstone belt. The first pass reverse circulation programme consists of 54 holes to a maximum depth of 153 metres for a total of 3,830m. Diamond drilling to start at the Northern Zone to improve the company's understanding of the extent of the project.

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Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company - Confirms that a heritage clearance survey has been confirmed for March 28 to April 2 at Red Setter and Cottesloe projects. which is for reverse circulation drilling over the seven geophysical targets.

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By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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18 Feb 2025 13:03

Riversgold uses option to acquire 80pc of Oracle's Northern Zone Project

(Sharecast News) - Oracle Power confirmed on Tuesday that Riversgold has exercised its option to acquire an 80% interest in the Northern Zone Project in Western Australia, having met the minimum spend requirement set out in the companies' heads of agreement.

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13 Feb 2025 14:07

Oracle set to restart drilling at Northern Zone gold project

(Sharecast News) - Oracle Power said on Thursday that it is set to restart drilling at its Northern Zone gold project in Western Australia, with a new campaign scheduled to begin in March.

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11 Feb 2025 16:05

IN BRIEF: Oracle Power makes progress on Northern Zone mining lease

Oracle Power PLC - Australia and Pakistan-focused projects developer - Says the Resource Tenor branch of the Australian Department of Energy, Mines, Industry Regulation & Safety has advised that the notification period for Oracle's M25/389 mining lease application under section 29 of the Native Title Act will end on May 29. Oracle says its future drilling campaign will be guided by the "promising" drill results to date at the Northern Zone gold project, and will establish a mineral resource estimate.

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20 Dec 2024 12:07

Oracle Power appoints Apex for Blue Rocks Valley exploration

(Sharecast News) - Oracle Power announced on Friday that it has appointed Apex Geoscience to lead exploration activities at the Blue Rocks Valley Copper and Silver Project in Western Australia's Ashburton Basin.

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26 Nov 2024 18:57

IN BRIEF: Oracle Power touts high-grade gold at Northern Zone project

Oracle Power PLC - Australia and Pakistan-focused projects developer - Reports "significant" high grade gold intercepts from drilling at its Northern Zone intrusive hosted gold project in Australia, following farm-in partner Riversgold Ltd's fourth aircore programme. It expects a mineralisation report by the end of November, and intends to submit a mining lease application shortly afterwards.

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26 Nov 2024 11:08

AIM WINNERS & LOSERS: Quadrise lands deal; Oracle Power shines

(Alliance News) - The following stocks are the leading risers and fallers on AIM on Tuesday.

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5 Nov 2024 12:24

Oracle Power completes interconnection study for Pakistan power plant

(Alliance News) - Oracle Power PLC on Tuesday announced the completion of a transmission & grid interconnection study at its proposed hybrid renewable energy power plant in Jhimpir, Pakistan.

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29 Oct 2024 16:08

Oracle Power completes ground survey at Blue Rock Valley

(Sharecast News) - Oracle Power announced the completion of a ground gravity survey at its Blue Rock Valley Copper and Silver Project in Western Australia's Ashburton Basin on Tuesday.

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30 Sep 2024 13:01

Oracle Power starts ground-based gravity survey at Blue Rock Valley

(Sharecast News) - Oracle Power announced the start of a ground-based gravity survey at its Blue Rock Valley Copper and Silver Project in the Ashburton Basin, Western Australia on Monday.

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25 Sep 2024 12:49

Oracle Power announces promising Northern Zone drilling results

(Sharecast News) - Oracle Power announced promising drill results from its Northern Zone Intrusive Hosted Gold Project in Western Australia on Wednesday, revealing significant expansions to the mineralised footprint and confirming the presence of a substantial gold system.

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28 Aug 2024 21:58

TRADING UPDATES: Henry Boot unit completion; Eco seals farmout

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Tuesday not separately reported by Alliance News:

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12 Aug 2024 12:01

EXECUTIVE CHANGES: New chief executives at Cornish Metals and ValiRx

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced in August so far and not separately reported by Alliance News:

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17 Jul 2024 19:40

TRADING UPDATES: Pennpetro strikes Texas deal; Nanoco's new facility

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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12 Jul 2024 11:42

IN BRIEF: Oracle Power announces copper findings at Australian project

Oracle Power PLC - Western Australia and Pakistan-focused energy projects developer - Confirms evidence of copper mineralisation at the Blue Rock Valley Copper & Silver project in the north-west region of Western Australia. Finds between 8.56% and 25.7% copper.

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26 Jun 2024 15:38

EARNINGS AND TRADING: Seeing Machines agrees new deal with Caterpillar

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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