Member Info for AG1989

Should not be long before Oracle benefit from potential transactions with one or more energy or fuel companies

Intrigued about this and the direct impact it will have, but I whichever way you look at it, from our current valuation, any kind of transaction should be very rewarding for shareholders. Whether it’s a fee, or a long term percentage in the run life of the GHP

I’m not sure who said they’re worthless, but I agree, hence the buying.

I do want more and think il be buying today or tomorrow. I think that MoU the other day momentarily asked a couple of questions of timing when it comes to GH, but I personally believe financing will be in the near future. Buying at £0.0009 will please me, but the price may continue to drop but that’s the gamble il have to take.

Just Read on Twitter tony, very good news

Adam - hopefully this covers it

https://www.lse.co.uk/rns/ORCP/farm-out-of-northern-zone-gold-project-tzf36hkwmyi8hcl.html

A sub £3m MCAP - insane, on a couple of levels and proof that unless the market take to this, there could be no end in site for the decline

I’m not overly focused on averaging down, but I am still buying which will ultimately reduce my average. Still aiming for a pot of 20 million shares so this price helps, if anything.

I'm not really worried about Naheed buying any shares right now and she has enough incentive with over 100m Shares. Seeing directors buying shares right now for me wouldn't do anything for the market, now they're not committed, isn't it more difficult to make purchases during certain periods (ie When regulated news is about to drop?)

We need the DFS (&Financing) to get this moving, the MoU's wont cover anything in the short term, but I'm not against them as I'd imagine the company will need all of these lines of inquiries open, to advance the GH

Sorry LW but it was this part that confuses me

“ And also, I thought the financing was going to come through the MOUs signed with the Chinese. It's all very confusing now”

Am I correct in implying by “Chinese”, you do mean CET? that’s the only reason I mentioned it because that comment to me alluded to you thinking todays MoU, contradicts or replaces the one announced with CET.

And the 5 year agreement to me automatically shifted my focus into thinking this was a longer term arrangement for future projects, and not necessarily the GHP. I think with an anticipated 3 year build in mind too, an additional partnership may come in handy later on down the process if any additional financing is required (for whatever reason that would be)

"oracle is developing green energy projects, with its first planned projects being its 1gw solar project at thar block vi and its significant green hydrogen production project in ****stan, which has a target output of approximately 55,000 tonnes of high purity green hydrogen annually via its subsidiary oracle energy, a joint venture with hh sheikh ahmed dalmook al maktoum.

memorandum of understanding

the mou is valid for a five-year period, and in which gggi will provide platforms and forums to oracle for engaging with industry stakeholders, with the aim of facilitating development and financing its green energy projects. besides other areas of cooperation and collaboration that may be mutually agreed, the parties will share knowledge and best practices to promote renewable energy sources including, but not limited to, green hydrogen in gggi member and partner countries."

rereading the rns, i see nothing specific to this rns and the ghp only, yet a broader arrangement for all projects moving forward. naheed has stated in a couple of q&a presentations about the ambitions of being a long term developer of multiple green energy projects, hence the introduction of the solar project. her comments about this mou giving credentials to the gh project imo will not be read too much into

How do you know it’s not about the Solar project currently being ran by Oracle Power, not Oracle Energy?

Todays RNS to me has nothing to do with the Chinese (CET) financing GH, which for all we know, will still go ahead.

“ This implies (to me) that financing must be some way off still”

This isn’t how I’ve understood it and many others, but your free to think that of course and obviously we understand your position on the company clearer

I’ve never held that timeline accountable. It was from Naheed and promised in Q2, so months end but a few weeks here or there, doesn’t really bother me. That said, there’s every chance it might drop next week

Yeah, I keep telling myself "It's coming...It's coming..It's coming" without any official line on it from the Company. But that said, strong hints have been suggested and the recent MoU with CET indicate that this is next, and it's high on the priority list right now. Because you can only progress to a certain stage before you hault altogether without financing. You can't put it off past a certain point, but imo, the company haven't put anything off yet. With there being no timeframe, they're working to their own schedule, and to some extent, no anticipation, means less traders about.

I've been in far too many companies when you know:

- A JV is imminent

- Results are due

- Financing will be secured within the coming weeks

-Acquisition news is upon us

With Oracle, you don't know exactly when it's coming, but the ones already invested live in the hope that it is. It'll prevent traders buying in on the eve predicted news, and once news lands, the majority of investors will be the LTH's who've bought into the belief of the project, a long time ago. I've found sometimes investors can build up the news that much that when it lands, the markets reaction is stagnant. But yet again, the share price at that point will still somewhat be meaningless for me, and I'l be focusing on the company securing BIG BIG funds to drive this all forward.

Yeah thinking about it. Going into any such news, you’d want, or like a strong investor base to build on. I’m likely thinking, a strong influx of volume where in the future, the share price can build a platform to perform on. For conversation sake, fly up to 1.4p on financing news. Retrace to around 1p. Release more news and build your way up. I’ve never been in a share like this where I’m so uncertain about the timing of a share price increase. I normally have an idea, but with ORCP I struggle. Not in terms of its potential and what it’s building, that I do see, but I’m unsure whether financing the GHP could come in July, or early 2024. I’d like to think the former, and that can will attract investors. I’d hate to see the company dilute in the future any less than the current price but I never thought we’d see them do it at £0.0010

In my heart, I think we’re close. We’re at a crucial stage and even in this market, £300,000 isn’t really a big raise. If this is all they raised for the near term running of the company, and to pay our share of the JV, then I believe news is close. Because if it isn’t , it may be a lot sooner to the next fundraise than what I originally thought.

Going to spend some time over the next couple of weeks to try and get to grips with the Green hydrogen process, and in particular, electrolyses. It all sounds very appetising but once that report is released, it will open a world of technology, processes and terminology that I’ve never dealt with in my investment life. Understanding it, and figuring out what it all means to Oracle, and it’s shareholders will be a big task, and it’s not too far away. Don’t have to become an expert but if this is a sector Oracle dig their boots into for the long run, it’s good to know what we’re dealing with.

I'd like to think Oracle Energy has more legs to it, and more value to create GH, before giving up 80%, that said, it's a viable option. Interestingly, important to remember that the Solar Project is in the hands of Oracle Power, "Currently being developed" shall we say, but it may be taken on in the future by OE. I do think everyday, how this will pan out, and ultimately, how will Naheed get Oracle shareholders Maximum exposure to a seat at the table, without astronomical dilution.

https://www.lse.co.uk/rns/ORCP/co-operation-with-powerchina-for-1gw-solar-project-7k2clo913b2d0lf.html

In terms of non dilutive funding LW, how could this be incorporated? We recieve the funding we need in exchange for what exactly? Exposure to the GH project? Whatever deal is sorted out, a nice £5-£10m payment would go a long way to securing the near term future of Oracle Power and limiting any future fundraisers. A drop in the ocean when your talking about a multi Billion $ Build

At what point, if we secure financing and we retain a % of this project, does the market take notice? The more the company derisk their involvement in this project, and the MCAP remains at bottom Dollar prices, surely this begins to become even more appealing, than what it currently is. Naheed needs to prove that she can deliver, forget about the past (easy to say), and i'l judge her on the project shes currently running with. Deliver on this and the confidence in investors will build exponentially, when we begin to develop further projects in the future. But yeah i do agree, I've made it no secret that i've been impressed with the progress to date on this. But when you hit milestones, progress, progress, there's only so long you can go, without detailing these important fundamentals. A recent RNS stated financing was a priority for the company, and next on the TO DO list

From the off, one attribute with Naheed I've learnt to accept, she's not the type of CEO to appease the 10% losses, the 30% drop in MCAP. She doesn't come out twice a week in interviews and try and spin news, when there's nothing to report. She's set out the goals of developing the GHP, and shes tunnel focused on delivering on that, even if its at the expense of the share price and near term valuation

I too think we're on the brink of game changing news, and if so, it could take the market by surprise. From what's been portrayed so far, I've really built this up as something generational that could change my life, with a lot of "ifs" and "buts" currently attached. Time for Naheed to replicate those thoughts and deliver the news we want.

In extreme layman terms, when looking at a CAPEX of $1.5-$2B, it does make your mind wonder the sheer overall valuation of this. It's on a scale and level that a tiny company like Oracle Power shouldn't be anywhere near. But we are, the idea, and the drive to develop and bring it to life, all started with our board.

Antipa reminds like of a mini Havieron, but closer to surface and growing. But lots of dilution, like GGP, to get them closer to development, and a substantial resource

I’m hoping, depending on developments with CET, even after a preliminary DFS, ORCP can sign a conditional financing agreement based on Milestones “A/B/C” being reached. The feasibility study is the one big factor I think in Oracle Energy’s favour. Depending on the detailing reported to Oracle, and to us as shareholders, would CET potentially want to delay signing with OE, if the report strongly delivers. I’d imagine it’d create interest outside of the current inner circle and with CET funding a feasibility report themselves, I’m sure the quicker they officially tie a deal down, the better for them, and us of course.

Waiting to submit questions still to Naheed for the Q2 update. What will Oracles long term interest in the GH project be, will we receive a fee, a long term %, both? She’s strongly hinted at “premium” long before construction has finished, but also a Joint Venture at the same time so a little confusing. I’m sure whichever pathway it follows, will be ultimately rewarding

I am. I’m in a twitter group but the news has just been dry and I’ve just been fully invested into Oracle in recent times. There are rumours that in Mail they’re lifting Moratorium in the next couple of weeks and it’ll be business as usual. Only a rumour but definitely a stumbling block. Without the jurisdictional issues, (big problem) Cora would be one of the best finds in recent times on this market. Good grade Gold, starts at surface, easily extracted and probably over 1Moz. I’ve averaged down there with hope of eventually 200-300% profit but you never know. Made me realise that companies like ECR, don’t really have anything of substance, despite the amount of drilling and years of false promise

Same with Antipa minerals. Averaging there as I can but the majority of my money is building an allocation here and although it’s worrying watching the MCAP decrease week on week, it’ll hopefully make my exit plan, slightly easier if and when we start to see the returns.

We discussed not long ago, once the DFS is out, il be keeping a very close eye soon, on the momentum and how fast the company get off take agreements and financing signed. I’m not expecting the very next week, but you’d like to see movement which I’m confident in happening. Depending on how GH goes and financing, I think the company will soon turn the majority of their attention to the Solar project, then so on and so on.

Https://twitter.com/that_stocks_guy/status/1672181994464190465

BINGO!! Any to add?

It doesn't bother me LW. Happens everywhere, i certainly don't have the funds to regularly, if at all, participate in these fundraisings, and as we've discussed previously on the Cora board, in such events, the share price 99% of the time, will retract to that placing price so everybody has chance to purchase at that price, either via the fundraise, or on open market

The company need funds to continue as a running business. If this fundraise helps get them to their next milestone within GH, I'm fully on board and don't really care what other opinions are. If they feel it's: Good/Bad, like it, don't like it, your free to discuss, it's just my opinion

I feel like in the grand scheme of things, soon, there will be far more important factors to discuss and break down than the company being transparent about raising money and any potential forward selling shares

I’ve actually given that same advice to others I’ve spoken to privately about oracle. Those who wish they had a much bigger holding than what they can currently afford, TRADE your way up. But really understand the risks involved in that. Because I’m not naive (I don’t think). By the time I’ve made my money here or elsewhere, in the same period, a seasoned trader could have turned over 10-20% 50 X over and been rewarded just as much, if not more

I personally wouldn’t trade this. And it’s not a pride thing, or to stick with my long term holder status, I just don’t see the benefits

I’ve been invested a couple of years now and it seems like it trades sideways, maybe a weekly 3-5% swing, before dropping. And if this fundamental was combined with bad news, it would be a HUGE red flag, but I’m liking what’s coming out of the company in recent times. We recently saw a very rare, and brief, 18% spike in share price but those seem very irregular here. I commented recently about me not really expecting a large amount of 10-20% rises in this share, but when the time is right, an explosion of volume and a big move. A move which will be backed up with massive news and gains of 1000% + rise. Knowing my luck, I’d miss that rise on a trade

I don’t mind traders. We’re all here to make money. And in some ways, all I am, is a long term trader. You get an entry, in my instance, an average, and you have an exit. Everything before that, and after that, it doesn’t matter. Il wish the company the best, and move on, without them even knowing I existed in the first place. It sounds cut throat I know but that’s the game. I’m here to make money, hence why I’m topping up when I can right now and building an allocation, trying not to focus too much on profit/loss margins

If I was going to trade a share, GCAT would be the one. Up and down, every other day. Big production news, bad financing news, then good news. It seems like a constant cycle but that’s just my opinion

Elephant in the Room**