focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOracle Power Share News (ORCP)

Share Price Information for Oracle Power (ORCP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0195
Bid: 0.018
Ask: 0.021
Change: 0.00 (0.00%)
Spread: 0.003 (16.667%)
Open: 0.0215
High: 0.021
Low: 0.0195
Prev. Close: 0.0195
ORCP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Windward extends LSEG pact; Vinanz eyes DTC trading

Tue, 27th Feb 2024 17:42

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

----------

Windward Ltd - maritime predictive intelligence company - Expands pact with London Stock Exchange Group PLC which kicked off last year. Windward adds: "The new agreement introduces the integration of select LSEG's World-Check services into Windward's platform, providing users with comprehensive compliance and risk management solutions beyond the maritime domain. This creates a unique offering to empower Windward's customers to stay ahead of emerging sanctions globally with one unified system for sanctions screening."

----------

Vinanz Ltd - bitcoin mining company with operations in the US and Canada - Applies to have shares eligible for electronic clearing and settlement in US through Depository Trust Co. "DTC eligibility is expected to simplify the process of trading and enhance liquidity of Vinanz shares in the US," it adds.

----------

Red Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Notes visit to join partners Riverstone Resources Ltd on site at Bilbale gold operation in Burkina Faso rescheduled to March. "Initial work will consist of locating and setting up areas for initial trials, some trenching and benching, drilling of two bore holes, and civil works including ponds and preparation of areas for administration, fuel storage, laboratory, furnace, and security," Red Rock says. Riverstone, meanwhile, will deliver the machinery and equipment for exploration. Red Rock adds: "Much of which is held by them in stock, and which will be imported by air and sea with a transport time of 6-8 weeks. This equipment should arrive at a prepared site ready to start alluvial exploration operations with the minimum of delay. Red Rock and Riverstone will implement a test programme processing alluvial material from different parts of the license, on a scale sufficient to establish gold grade, including high grade zones."

----------

Oracle Power PLC - Western Australia and Pakistan-focused energy projects developer - Reports commencement of geotechnical study and electrical resistivity survey for planned renewable power plant on project site in Jhimpir, Pakistan. Oracle adds: "The geotechnical study will encompass soil investigation and deploy rotary drilling to obtain disturbed and undisturbed samples, as well as core drilling to assess rock formations on the site. The study will record rock quality designations and core recovery values." The electrical resistivity survey will size up "lithology, porosity and permeability from boreholes drilled". "By determining these conditions through ERS technology, developers can seek to optimise site planning and infrastructure design to account for subsurface conditions," Oracle says.

----------

Pathfinder Minerals PLC - AIM-listed cash shell seeking reverse takeover - Notes announcement of Rome Resources Ltd on the commencement of extension diamond drilling on Kalayi and Mont Agoma prospects on PEPM 13274 and PR 15130 assets, respectively. Together, these are referred to as the Bisie North tin project. In November, Pathfinder agreed to buy Rome Resources in a reverse takeover.

----------

Hummingbird Resources PLC - West Africa-focused gold producer, developer and explorer - Notes Pasofino Gold Ltd update on commencement of exploration activities at Bukon Jedeh, a target at the Dugbe gold project in Liberia. Hummingbird owns 53% in Pasofino. Hummingbird adds: "Pasofino's exploration efforts will concentrate on geological mapping and the collection of high-resolution ground magnetic survey data, activities which have already commenced. Additionally, Pasofino plans to conduct approximately 1,400 meters of drilling across roughly 15 drillholes, slated to begin in March 2024."

----------

SkinBioTherapeutics PLC - Newcastle, England-based life science company focused on skin health - Hails "positive interim data" from study of AxisBiotix food supplement on acne sufferers. "The volunteer study, comprising 220 people, followed the same methodology to the AxisBiotix-Ps study, with the supplement containing the lead formulation, being supplied to participants in powder-form. Participants were then asked to record scores against specific criteria on an app. The scoring criteria included severity of acne, level of pain, attitude to appearance and levels of confidence," it says. Read out of final results is anticipated to before end of first-quarter.

----------

World Chess PLC - London-based promoter of chess through chess-related activities - Says Andrew Winton appointed as chief marketing officer, a non-board role. Winton has "proven track record at Amazon, News Corp, EE, Sky, and Kaspersky". In addition, firm continues work with International Chess Federation, or FIDE, for exclusive use of "World Chess Championship sets". World Chess adds: "Designed by Pentagram for World Chess, this iconic chess set is one of the most popular chess sets in the world and is a key piece of the World Chess merchandising portfolio. The set is manufactured by World Chess for use in the Championship cycle and is also sold online and in premier retail outlets around the world, including Harrods, London." It also launches a special edition chess set. Finally, it says user base of gaming platform, chessarena.com grows. "FIDE Online Arena's user base, which now has 740,000 registered users and includes 8,500 Pro members - paying members who have their own, unique FIDE ID. Following several marketing campaigns, the platform is reporting the direct cost of acquisition at EUR37 for its paid subscribers, well below the annual subscription price of EUR50, underscoring the platform's value and exclusive role as the only official gaming platform that is authorised to issue online ratings and titles recognised by FIDE," it says.

----------

Victorian Plumbing Group PLC - Lancashire, England-based bathroom retailer - Average order value in first 21 weeks of financial year down 3% on-year. "Customers are continuing to seek value and are purchasing proportionately more own brand products," Victorian Plumbing says. It adds: "In keeping with strategy, and despite an unchanged market backdrop, the group has continued to make market share gains, with year-on-year order volume up 4%, more than offsetting the reduction in AOV. As a result, we are pleased to report year to date revenue growth of 1%." Victorian Plumbing reports results for half-year to March 31 on May 28. It adds: "As planned, we are making significant progress towards the opening of our new distribution centre, which will address current capacity constraints, unlock growth potential and create efficiencies. One-third of the warehouse fit-out is now complete, with the expectation that we will be fully operational in the second half of 2024, on schedule and within budget."

----------

Schroder Real Estate Investment Trust Ltd - UK-focused property investor - Net asset value per share at December 31 third-quarter end totals 58.7 pence, down from 60.5p in September. Hails "continued leasing momentum", however, as notes 32 new lettings, renewals and rent reviews during quarter. "Despite continuing market uncertainty the Company remains well placed with an above average rental income profile and the longest duration, fixed-rate debt in the peer group," Chair Alastair Hughes says.

----------

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
23 Sep 2022 10:55

Oracle Power half-year loss widens as pivots to green hydrogen

(Alliance News) - Oracle Power PLC on Friday reported a widened pretax loss as its variety of different projects progresses.

Read more
15 Sep 2022 11:29

IN BRIEF: Oracle Power receives letter of intent for green power plant

Oracle Power PLC - Cambridge, England-based power and natural resource project developer with focus on Pakistan - Oracle Power's joint venture company, Oracle Energy, has been issued with a letter of intent from the Directorate of Alternative Energy in Sindh province in Pakistan. The letter of intent relates to the establishment of a 1,200 megawatt hybrid solar, wind and green hydrogen power project. The issuance of the letter of intent follows confirmation of the receipt of a USD600,000 bank guarantee on behalf of Oracle Energy.

Read more
6 Sep 2022 14:20

Oracle Power to develop carbon credit registration in Pakistan

(Alliance News) - Oracle Power PLC on Tuesday announced its nomination to develop a strategy to register carbon credits within Pakistan.

Read more
1 Sep 2022 19:17

IN BRIEF: Oracle Power gains formal approval for power project

Oracle Power PLC - Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Receives formal approval from the Directorate of Alternative Energy in Sindh, Pakistan for a letter of intent to establish a 1,200 megawatt hybrid solar, wind and green hydrogen power project.

Read more
16 Aug 2022 14:35

IN BRIEF: Oracle Power invests further in green hydrogen project

Oracle Power PLC - Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Says it has advanced further funds with Kaheel Energy FZE for their joint venture company Oracle Energy Ltd, to be used on the green hydrogen project in Pakistan. On August 15, Oracle and Kaheel Energy subscribed for further equity in the joint venture at a price of 10 Pakistani Rupees per share for a total of about GBP1.5 million. Says the JV is being funded on a 70:30 basis by Kaheel Energy and Oracle respectively. HH Private Office's contribution was about GBP1.0 million and Oracle Power's GBP450,000.

Read more
5 Aug 2022 10:44

Oracle Power raises GBP500,000 in discounted placing; shares drop

(Alliance News) - Oracle Power PLC announced on Friday that it raised GBP500,000 through a placing of 181.8 million shares at a price of 0.275 pence per share.

Read more
3 Aug 2022 14:05

IN BRIEF: Oracle Power shares rise on letter of intent for project

Oracle Power PLC- Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Confirms a Letter of Intent will be issued from the Directorate of Alternative Energy of the Government of Sindh regarding a hydrogen power project in Pakistan.

Read more
11 Jul 2022 15:28

IN BRIEF: Oracle Power continues to progress with several projects

Oracle Power PLC - Cambridge, England-based power and natural resource project developer with projects focused on Pakistan - Says the second quarter of 2022 has "built on and consolidated" the developments made in the first quarter. Notes further excellent results at the Northern Zone Gold Project in Western Australia, with gold recoveries of up to 95% after 24 hours. Continues to advance projects in Pakistan with the signing of two memoranda of understanding, representing an "important step" towards realising its 400 megawatt green hydrogen project.

Read more
11 Jul 2022 11:49

IN BRIEF: Oracle Power to advance funds to progress hydrogen project

Oracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Alongside Kaheel Energy FZE, advances a further GBP390,000 to progress the development of its green hydrogen project in Pakistan, run by joint venture company Oracle Energy Ltd.

Read more
27 Jun 2022 12:26

IN BRIEF: Oracle Power signs deal for hydrogen development in Pakistan

Oracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Signs non-binding memorandum of understanding with Nuvera Fuel Cells LLC to bring green hydrogen fuel cells to the industrial vehicle market in Pakistan.

Read more
24 Jun 2022 10:14

IN BRIEF: Oracle Power annual loss narrows on lower costs

Oracle Power PLC - Cambridge-based power and natural resource project developer with projects focused on Pakistan - Pretax loss in 2021 narrows to GBP881,879 from GBP1.0 million in 2020, as administrative expenses fall 13% to GBP881,973 from GBP1.0 million. Generates no revenue, unchanged from the year before. Remains "committed" to all its projects. Expects to add value through achieving key milestones.

Read more
15 Jun 2022 12:49

IN BRIEF: Oracle Power JV signs deal to support green hydrogen project

Oracle Power PLC - London-based power and natural resource project developer with projects focused on Pakistan - Reports that its joint venture, Oracle Energy Ltd, has signed a non-binding memorandum of understanding with Jiangsu Guofu Hydrogen Energy Equipment Co Ltd. The deal seeks to explore hydrogen storage and hydrogen refuelling infrastructure opportunities. These opportunities will then support the commercialisation of Oracle Energy's 400 megawatt green hydrogen project in Pakistan.

Read more
13 Jun 2022 21:22

IN BRIEF: Oracle Power designs Northern Zone exploration target

Oracle Power PLC - London-based power and natural resource project developer with projects focused on Pakistan - From three samples from its Northern Zone Gold project in Australia, metallurgy results indicate an average gold recovery of 88% over 12 hours and 93% over 24 hours, alongside low copper content of 2.0 parts per million.

Read more
9 Jun 2022 17:37

IN BRIEF: Oracle Power makes Northern Zone gold project a priority

Oracle Power PLC - London-based power and natural resource project developer with projects focused on Pakistan - Reports positive metallurgical results from the first three samples from its 100% owned Northern Zone Gold Project in Western Australia. Results indicate gold recoveries can be achieved within six hours of 83.3% gold and up to 90.4% gold recovery over 72 hours.

Read more
14 Apr 2022 21:36

TRADING UPDATES: Polar Capital assets up; Brooks Macdonald funds fall

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

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.