Sharebel do you really think placing is the only way to raise funds? There are otherways and you clearly don't understand that. Anyways we shall see when the next news lands. GLA
RE: MoU signed for Thar Coal Gasification6 Feb 2025 11:44
Gold news saw this hit 0.07s, with gold price near all time high this should have been way above that figure alone considering they potentially have 2.5 to 4.8Moz gold and area is expanding in all directions so possibly much more. Mining licence application is in and further drilling still ongoing.
Now the thar project is worth many multiples so can really go on huge run from here. Certainly very undervalued at these levels.
RE: MoU signed for Thar Coal Gasification6 Feb 2025 11:27
They are no doubt related
The heart of the Renewable Project lies in its ambitious plan to develop a cutting-edge Solar and Wind Hybrid Power Project in Jhimpir, Sindh, Pakistan. This groundbreaking endeavor encompasses an 800 MW PV Solar Farm, and a 500 MW Wind Farm. Nestled approximately 30 kilometers from Karachi city, this location places us at the core of Pakistan’s energy landscape.
RE: MoU signed for Thar Coal Gasification6 Feb 2025 11:24
Thar Block VI
· In line with Oracle's heightened focus on clean energy initiatives in Pakistan, the Board intends to divest, wholly or partially, its mining interests and is engaged in discussions to that end.
· The Company aims to advance its coal-to-power and coal-to-gas/liquid plans under its project status within the China Pakistan Economic Corridor (CPEC).
RE: MoU signed for Thar Coal Gasification6 Feb 2025 11:14
Oracle’s Thar Block VI was included in CPEC in 2019 for the development of coal-to-gas and coal-to-liquids. The coal gasification component of the Thar Project has the potential to substantially change the dynamics of Pakistan’s agriculture sector as it will provide access to more affordable urea / fertilizer for a country which has agro-based economy. This coal gasification initiative will use indigenous fuel for fertilizer production and will also assist with Pakistan’s food security planning.
Richy should be able to buy and sell now, I am getting quotes with ii even though the prices that are shown are incorrect. Much higher than advertised.
I think the name change has caused some issues on platforms. The live prices I have 0.049 bid and 0.051 ask on L2, but on the platform showing as 0.045 bid and ask 0.05.