Member Info for AG1989

I think il rely on an official Company RNS, rather than local journalism who have been talking THAR coal up for years.

STM - I’d do that soon if I was you because that Chinese takeaway will soon be a bag of monster munch

Has something stalled with the Green Hydrogen project , have they encountered some stumbling blocks they wasn’t expecting or is that just a very cynical way of looking at todays RNS ?

It’s not even about the Copper asset, we’re just not positioned in any kind of way to take on any other kind of project financially. We just aren’t, hence why we put Gold on the back burner, to focus our attentions on Green Hydrogen. And yes, we have JV’d the Gold out, but the terms were really not that appealing.

Ongoing studies, and not heard much for 5/6 weeks, and then we go and acquire a brand new project in Western Australia.

Something smells fishy here and it may just be a little bit of anger creeping in (I hope I’m very wrong and we progress this soon) but I’m losing patience with the CEO.

Cannot *

Look what she did with NZ. Promising ground, an ounce of Gold over $3,000 AUD and she gave the majority of this away for a couple of drill programmes. She hasn’t got the ability to take these projects forward in any Value Accrediting Way. The confidence is just not there. It might be an okay asset but her track record has been poor and we’re in a situation we’re it’s just not another thing we can afford to juggle right now

So new share allocation is 4,870,000,000 and if they decide to exercise the option for 100% of it, that’ll take total shares in circulation to just under 6,000,000,000. And this is before we see any kind of financial raise to keep the company going.

Within 12 months that figure will be 10,000,000,000 plus with everybody’s holding seriously diluted. No strategy here, prioritising GH and raising millions of £s whilst us PI’s lose Tens of Thousands (literally), to then go and acquire a different project we just can’t afford.

Enough is enough Naheed, come out from hiding and tell us exactly where we are up to with THAR and GH and when the rewards are coming. What a joke

Said this a while ago, if you got a new job and over a steady period of time, you lost 95% + of that companies Market Value, you’d be lucky to still be in a job.

I recently did a post about the achievements and milestones so far in GH, and to some extent it still seems to progressing. But the sheer Radio Silence, and shareholder awareness of where we stand long term with this project, is totally not acceptable, combined with the high rates of Dilution

She really needs to perform better and show more of a responsibility towards us.

0.00020, all time low ?

Just trying to piece together where the Company (Oracle Energy) are up to with this, because as i see it, this will be the Project that gives us any kind of value before the other 2. Gold is in the hands of Riversgold and even after the next drilling campaign, they're years away from any kind of mining status.

With the Recent commitment from Power China to GCM for $1B (Conditions pending), on their Coal asset in Bangladesh, with our Mou, we may see something here but reading more into it, it's jurisdictional issues holding this back so this could be soon, might be years, or worst case scenario, never

Which leads us to Green Hydrogen. A Project which sets out to be a Multi Billion $ project, being developed by ourselves, with very little understanding where us as shareholders, stand long term with it. Once/if financing is secured and construction begins, do we recieve a payment and walk away to focus on future developments, do we earn a Royalty? Do we get both? How we're still none the Wiser after 25 months is staggering, but if finalised, could really add significant value here. Enough to recover losses of LTH's? Who knows:

Timeline of Completed and Ongoing Milestones: (Anything I've missed, just pick up on)

- Green Hydrogen Signing Ceremony (Complete)

https://www.lse.co.uk/rns/ORCP/green-hydrogen-agreement-signing-ceremony-y9a74dtdp782wfn.html

-Prelim Technical study Completed by Power China

https://www.lse.co.uk/rns/ORCP/green-hydrogen-project-update-1bnebxsq4yi9uiz.html

-Joint venture with Shiekh

https://www.lse.co.uk/rns/ORCP/joint-venture-to-advance-green-hydrogen-project-5qzfe0gvdusg4j0.html

- £800,000 raised for GHP (Equates to around 80% of current MCAP)

https://www.lse.co.uk/rns/ORCP/163800000-raised-to-support-green-hydrogen-project-6y7l6o7z6pirzbv.html

-LOI issued

https://www.lse.co.uk/rns/ORCP/loi-to-be-issued-for-green-hydrogen-project-n8qzufepfpe0hcy.html

- Another £500k Raised

https://www.lse.co.uk/rns/ORCP/163500000-placing-to-support-green-hydrogen-project-nyo6u9yx9f4gheg.html

-Technical & Commercial Feasibility Study for Green Hydrogen and Green Ammonia Plant Underway

https://www.lse.co.uk/rns/ORCP/thyssenkrupp-appointed-for-green-hydrogen-project-uhmrrwkyindhsd4.html

-Land Lease secured

https://www.lse.co.uk/rns/ORCP/land-lease-for-green-hydrogen-project-eq2vjy0434xxvgk.html

- Land Survey Commences

https://www.lse.co.uk/rns/ORCP/land-survey-commences-on-green-hydrogen-project-ex7jde6x0u54ack.html

- CET MoU signed

https://www.lse.co.uk/rns/ORCP/strategic-mou-for-green-hydrogen-project-with-cet-kaih08oeeomezkh.html

-CET Feasibility study Completed

https://www.lse.co.uk/rns/ORCP/completed-fs-for-green-hydrogen-ammonia-project-75ct7v04puqk63h.html

- ESIA Study

https://www.lse.co.uk/rns/ORCP/esia-study-renewable-power-production-facility-v1r40bxcrlhwabz.html

With a lot of Placings and Mou's in between. Staggering looking back at the money raised for this, next steps FEE

50% down from it's peak the other day

Appreciate the reply James

30 Minutes in and another quick 30 Trades, Majority all at exactly 08:04, anybody a little more clued in with these Transactions, what's exactly happening?

Very Funny trading action the last 4 Days considering for a long time we've had days with 0 Volume

63 Trades by 10AM, Insane in comparison to the last 6 months, still trying to figure out what's going on. A couple of decent sized sells today, maybe traders from yesterday? FOMO kicking in from some today, whether it's been massively oversold up to this point and it's finding it's value

Be good to get Investors talking about Oracle Power and Oracle Energy, but it really needs backing up from the company

A little bit of volume this morning, welcome to all new faces and investors too, always good to hear differing opinions on these boards.

Let’s hope the recent articles and news regarding THAR transpire to an actual RNS being released by the company, for the development of Block 6

If we get that kind of Commitment, which could be possible as we have a similiar MoU with Power China, the same could happen here, big gains to be made. It just needs the green light from the Government and jurisdiction issues ironed out, before Big Money commits.

Leading on from this morning, if (might not be), but if there is an upcoming placing, Naheed can use this price action to our advantage and raise at a higher price.

0.04p

It can but Oracle Power only own 30% with the Sheikh fronting the other 70%. The majority of the Oracle Powers placings have been to front our 30% of Oracle Energy, which is only leading the Green Hydrogen project.

ORCP still needs funding for overheads, wages, THAR and possibly Northern Zone, how small or large they may be

My hoping is once we secure funding for the green hydrogen project, Oracle can take a premium payment in the millions, to limit future dilution

To be fair I am surprised we haven’t seen the raise by now if I’m honest , but I’d be even further surprised if we don’t get one

With financing on Green Hydrogen not until the end of 2024/start of 2025, plus we’ll have to start contributing to 20% of NZ potentially this year, this company is going to need more money

I’m content with the fact we’ll continue to raise, that’s just part of the game. But it’s in the manner Naheed executed it last time, it was an absolute shocker, and that’s when the share price was more than double what it was now. Raise with a decent negotiation but more importantly, show us the progress that has been made, and will continue to be made moving forward. Show us exactly what we’re investing into.

She may have secured alternative financing some other way but I personally can’t see us at that stage, yet. With GCM dropping big news lately with Power China, it would be outstanding if we secured something similar at THAR, with our MoU, something they had in place over there too before committing $1B

- Fundraise. Can't see it being too far off now unless they've secured near term funding in another way

- After yesterdays GCM RNS with Power China, could something materialise with THAR?

- Gold news/drilling from NZ?

- Funding for Green Hydrogen

Coming up to the end of Q1 now and it just feels like we're floating through 2024 with dilution feeling imminent. Hoping Naheed can soon ease those concerns and give us some guidance, or is that asking too much?