Member Info for AG1989

I know you may think we could inherit more "kick the can down the road" days, but post DFS, there probably are numerous other factors involved, to drive this enormous project going. I think before we get on her back about not delivering this required information after the DFS, we should actually take a minute and see, and give her chance to inform the market on such matters. Like previously discussed, I can't imagine any Solid agreements from off takers or financial backers to take place prior to the DFS, so once results are published and Annual production targets and CAPEX costs are more accurate, then I'd expect movement. Imo, there have been too milestones already hit, and payments made, for this to continue as a pipe dream, or a project that'll gather dust and you can file it away for another couple of years.

18 months, 18-19 months and in that time we've secured the necessary land for the project, secured the Loi to produce and distribute Green Hydrogen, secured the services of one of the worlds leading engineering firms to carry out a Feasibility study for us, undertaken a ground survey. In mining terms, you can double that timescale of 18 months and still not have covered half of those milestones so in terms of progress, Zero complaints here. In fact, quietly encouraged how fast the company are driving this through

As an investor, applying caution to a project, and company, in desperate need of funding, is nothing out of the ordinary. The funding will separate these 2 projects, and the company, away from the chasing pack and on a personal basis, am I confident in Naheed delivering? Yes. It's always been the Elephant in the room for me but this RNS, put me more at ease and finally gave me, what I was looking for, in that the company are actively trying to tackle these steps in the near future and bring it to a reality. The next step is them delivering on this

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

Unsure LW

“ Approximately 1.5 million PV panels are anticipated to be set up,”

That’s all I got, plus obvious infrastructure and production facilities. At least there’s no land lease payment needed for this, but that figure of £1.8m for the first 10 years lease, is a drop in the ocean in comparison to the eventual CAPEX cost

$2B “estimated” for GH, but a more precise figure I imagine will be out soon with the results of the Feasibility Study. Then, and only then, will he begin to see movement on a financial front. Let’s the results and economics do the talking, then budget to plan.

Oracle initially in control of financing the Solar Project so nothing said this far.

My point LW, was the larger institutions and companies i was referring to, CET for example in this case if a JV is secured, being the Catalyst to get this going. Once this funding is secured, then the PI's buy in, and potentially further to that, or at the same time, additional institutional money who see big returns on a long term position.

Probably lays to rest the idea of selling Block 6 too, for a large sum, if this is where the Solar project will be located. Naheed has always remained, she would sell for the right price, but the value of bringing it to production, massively dwarfs any one off fee to buy it out right. Larger investment backing, would certainly have an add on affect in the market with PI's and anybody waiting on the sidelines for a couple of million shares, and rightly so. A commitment into the hundreds of millions, possibly Billions of £s from a large institution, gives this once pipe dream project, a purpose, a story and eventually, a reality.

Good post AmatraB

for anybody interested...

#ORCP Chief Executive
@Naheed_Memon
will be speaking about building a successful value chain for green hydrogen at the
@H2View
Renewables & Ecosystem Snap Summit today at 1pm
More here: https://h2-view.com/event/h2-views-renewables-ecosystem-snap-summit/

It would assume Powerchina may be taking a larger role in this project, unless ORCP are paying for their services currently and they're being extremely helpful. I'd imagine under the current circumstances, help WILL be needed. A lot could depend on the backing for GH, and as an extension to that, they may choose to double up in helping to get the second project off the Ground

I think it's important to remember, the significance of securing funding, and the confidence it drives into the investors looking on at the sidelines. Without Derailing, and I'm not a shareholder in Kodal Minerals, nor am i comparing the project scopes and economics, but just look at the share price action since the 19th January when the following RNS was reported:

https://www.lse.co.uk/rns/KOD/major-funding-package-for-bougouni-lithium-project-trfqt3rknlc8sb2.html

and more recently

https://www.lse.co.uk/rns/KOD/bougouni-lithium-project-update-on-funding-package-tsc2sv4u95n5gp3.html

when all approvals were met.

A JV with CET and financial commitment to Fund construction of the entire GH project would be enormous and it's something we could potentially see within the next Quarter or two. Patiently waiting

A timeline is key LW, and we've discussed this before, and the point remains, lay out to the shareholders Quarterly projections, not specific dates, but timings, just to give us a little more. Will be interesting to see whether they take a similar stance with the other project and enter into another JV with Oracle Energy, or they go it alone. Can't really see a world where Oracle energy, do not take charge of the developments aspects here. Or, are financial matters and connections progressing well in the background with GH, where Naheed feels confident in securing the funding for the solar production plant.
Interesting they've chosen Block 6 to accommodate such a project. There is a 30 year mining lease under Oracle's control so it does make sense, it makes you think Oracle has longer term ambitions with this, rather than being just a developer and moving the project on to the potential partner. It's going to located next to, a possible future Coal mine (if this finally gets over the line) and the rewards from cleaner energy will benefit not just Oracle themselves, but already producing plants on the other blocks, and any off takers further afield.

It's funny the perspective investors take on Naheed. Those who have been here and heard it all before, will not only be at a financial loss, but at a loss in confidence with the CEO herself. But I really believe, Naheed is not willing just to churn out in the end another run of the mill Micro Cap company that offers average returns, she's slowly putting the pieces together to build in a small Empire, in a sector and space Larger investment firms will really get behind. I can't predict the number of dilutions we will see between here and, the eventual success, but I've got my ticket to the show and won't be giving it up any time soon.

Magnum, i always feel frustrated but then think about a stock like GGP, even after hitting big in Australia. These things can take time. I'd be more worried and skeptical if we were waiting on assays, or just drilling blind holds hoping to unearth a fortune. The company are looking to use existing technologies to Catapult these projects to the next level. Running with the narrative of "Cleaner energy today", whilst tying this in with the shortcomings in ****stans energy sector. There have been several steps taken over the year which i thought would add value to the MCAP, but it was never to be, but i'm confident they're coming. Regardless of the markets reaction, if Oracle Energy secure this funding, then that's all of my concerns eased. See what stake OE will be left and go from there. A percentage/A royalty/A one off payment, who knows. There are a lot of "ifs" associated still with this company, and hows? But sit with confidence all of them will be addressed. The same goes to the newly announced project today, don't give us something just to bite on, give us something to keep us here long term.

and correct LW - Last i heard was "initial results" in Q2, and along with CAPEX costs, the report should dive more into projected Production outcomes, and see how they line up compared to the initial ambitions released of 150,000 kg of Hydrogen/Per day

topshot, i think your narrative and take on the situation is pretty levelled. All the walk coming out of the company points towards renewable energy. A sector I'm confident that can bring tremendous value to shareholders, yet very little about coal being mined so not an Obscure view point there. Still leaves room in the future for Coal production

It's a smart move, to be deployed in an area outside any potential impact zone from mining the Coal on our block. Can provide clean energy for the existing producing blocks (1&2), the National Power Grid, as well as any Potential Coal based mining plant to be produced on our block. Another brilliant, unexpected development from the company.

Brilliant news

Notice the use of wording too

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

"Oracle Power PLC (AIM: ORCP), a developer of green energy projects, is pleased to announce a co-operation agreement"

co-operation agreement, not an MoU, still nothing binding but for me, it sets up a solid platform to really begin advancing the " 1 Gigawatt ("GW") solar based independent power production plant"

Last time the company used this type of terminology?

https://www.lse.co.uk/rns/ORCP/green-hydrogen-co-operation-agreement-qda2ty2oonfqrzo.html

11 October 2021, where Oracle Power announced a co-operation agreement with PowerChina with the objective of jointly developing a green hydrogen production facility in ****stan, and look how quickly that has progressed within 18 months

"Oracle Power PLC (AIM: ORCP), a developer of green energy projects, is pleased to announce a co-operation agreement ("the Agreement") with PowerChina International Group Limited ("PowerChina"), a leading hydropower, electricity and infrastructure construction company, to collaborate in the potential joint development of a 1 Gigawatt ("GW") solar based independent power production plant ("Thar Solar Project") at Oracle's Thar Block VI ("Thar Block VI") in the Sindh Province, ****stan"

Oracle being left to arrange funding for such a project is an interesting move and gives me confidence in these parameters that the current GH project, will recieve the necessary funding it need sin 2023 to begin construction.

Positive news

Seems like a Good BUY for my money but after following this market for 3 years, without news, it could drift further. No issues with that, as long as the company are busy pushing GH in the right direction, along with the other assets under our ownership.

https://www.lse.co.uk/rns/ORCP/award-and-registration-of-land-lease-f498bzlo50tx6tv.html

"The award of the Land Lease document and its notification in the government records allows Oracle Energy to proceed towards firm agreements with financiers, off takers and technology providers. The land awarded for the proposed development of our project is very well located, and the availability of critical infrastructure in close proximity to our land package makes for easier connectivity and transport. It is expected that the suitability of the location, will greatly increase commercial and technical viability of the Green Hydrogen production plant."

This snippet from a recent RNS filled me with confidence that we're not too far away from project, and company making news, which will all come together and allow the construction of this Groundbreaking Project to hopefully commence soon.

Nobody can really disagree that Naheed has skin in the game. It’s encouraging to see them loading up, but I raised the question a while back, why lock in for another 12 months and potentially be buying shares if/when the share price goes up 1/2p etc. I can imagine Naheed has got a fairly low average which I’m sure she’ll personally want to protect, like the rest of us, and hopefully with good news on the horizon, we can all benefit. When Naheed and the board benefit, so will we. Bring on the Feasibility results :) hope everyone is keeping well.

Your not missing anything, silence is a dangerous friend in this game, no news for 3/4/5/6 weeks, panic sets in, PI's sell. It's the circle of life and I always base my holdings, and purchases on

1) Research - Absolutely Paramout
&
2) the Market Cap - Does that research drive you to think that the future valuation of the company, will grow higher than its currently valuation?

All going well here with GH, could do with more news on the other 2 fronts. I'd say 0.0016 for a buy or Top up in Oracle Power is a bargain, could it continue to drop? Every chance, but as long as you are content with your allocation and holdings, nothing to worry about

https://www.lse.co.uk/rns/ORCP/positive-gold-assays-northern-zone-gold-project-2sdf3u53dopde7g.html

These are the latest results from NZ

9m @ 1.34g/t gold ('Au') from 54 metres (21OPRC001)

o 3m @ 1.43g/t Au from 51 metres (21OPRC002)

o 3m @ 0.98g/t Au from 63 metres (21OPRC002)

o 19m @ 0.81g/t Au from 63 metres (21OPRC003)

o 154m @ 0.58g/t Au from 98 metres (21OPRC004)

§ incl 4m @ 5.39g/t Au from 182 metres

Relatively low grade but plenty of it, and shallow depths with a healthy exploration target which imo needs chasing with a strong JV

"An Exploration Target based on historical results and the results of the recent seven drill holes indicates 200-250Mt at 0.4-0.6g/t Au for 2.5 to 4.8Moz Gold"

http://www.oraclepower.co.uk/our-projects/weste-australia-gold-projects/

some historic results for NZ

9m @ 5.06 g/t Au – hole BNRC017
1m @ 39.82 g/t Au – hole BNRC033
3m @ 3.72 g/t Au – hole BNRC067
2m @ 23.27 g/t Au and 40m @1.2 g/t Au – hole BNRC069
6m @2.12 g/t Au and 2m @ 12.98 g/t Au – hole BNRC051
30m @ 1.5 g/t Au – hole BNRC081
217m @0.51 g/t Au – BNRC066
10m @ 2.1 g/t Au – BNRC079
6m @2.31 g/t Au and 3m @ 2.85 g/t Au – BNRC080
28m @ 0.84g/t Au and 48m @ 1.65g/t Au (including 4m at 7.7g/t Au) – BNRC095

http://www.oraclepower.co.uk/wp-content/uploads/2020/11/ITR-WA-Gold-20201114.pdf

The above link is an independent technical review of our Gold Assets.

I’m in the same boat as you, picking up what I can down here. The only issue being, each fundraising down here will dilute my holding further, so accumulating now will hopefully offset that in the long run.

It’s about asset potential. And if you don’t have that asset, you go and create it, and that’s exactly the focus here. From an idea 2 years back, the company have ran with GH and didn’t look back. It’s £5m now, that valuation doesn’t necessarily surprise me with no concrete agreements in place. It’s about buying into the companies vision of creating a Green Hydrogen producing plant. Risk/Reward, those who take the bigger chance, may generate the biggest returns. It might not work out but I’m liking the noises coming out of the company in recent times.

THAR is a different beast altogether but it won’t make us money sat there idle. Be interesting to see what 2023 has in store for it. Is Naheed close to any agreements utilising that asset or is it just talk and more “we’ll come to it tomorrow”. There’s been zero movement really with it in the 2 years I’ve been invested, but I’m fully focusing on GH, and more than happy to do so

Correct, no shift in the share price but that’s not uncommon, and for me is making it even more of an appealing buy, as we slowly begin to tick the boxes

Like stated in your last sentence, the long term benefits, greatly trump the £5m current valuation. Oracle Energy hold the cards to the development, they won’t be signing any deal not in the best interests of Oracle Energy, and Oracle Power shareholders as an extension to that.

Like you touched upon as well, there seem to be minimal road blocks in the way with GH as far as government and political views are concerned, which is helping this to be driven forward, and quickly.

News which we already knew about, that said, this bit from Naheed caught my eye. Now it’s all confirmed and been registered, we can now proceed towards finding financial backers and signing firm agreements.

"The award of the Land Lease document and its notification in the government records allows Oracle Energy to proceed towards firm agreements with financiers, off takers and technology providers. The land awarded for the proposed development of our project is very well located, and the availability of critical infrastructure in close proximity to our land package makes for easier connectivity and transport. It is expected that the suitability of the location, will greatly increase commercial and technical viability of the Green Hydrogen production plant."

"Irfan Sheikh said that FPCCI had spent two and a half months preparing a comprehensive plan to help the country come out of current difficult times."

Just before the paragraph you phrased GH, looks like there could be something on the horizon, even better if that includes Thar Coal