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James that’s an interesting one I poised to the Twitter group as well. They’re clearly still very much on board, and I’d imagine they’d align with our 30%, potentially eating into Sheikhs 70%, one of the comments made. Oracle energy will run the project with Naheed in charge but in the upcoming quarterly update like stated, we’ll find out a lot more. Many moving parts and various aspects moving at a frantic pace.
-secure the investment
-secure the technology
-get the green light to build infrastructure

And Watch this go

Really enjoyed that podcast and you sense the urgency from Naheed definitely to get this moving. The transition has already started to these renewable sources, but you’ll see that transition within the next 2-4 years become far more aggressive. Oracle don’t want to be a small fish in a big pond, they want to get ahead of the game and get this going. Absolutely no reason the company years down the line couldn’t accommodate or secure a second plant, whilst startups and some of the energy giants out there are still negotiating with the first. But that’s for another day

Strangely enough, it excites me to see the SP falter, trade sideways and retreat a little. That’s purely selfish and I’m happy with my holdings here, but after yesterday’s news I’m really thinking about adding a lot more here. A huge future ahead with 2 gold projects and THAR coal to consider alongside.

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

* The potential quantity and grade of the Exploration Target is conceptual in nature and is therefore an approximation. There has been insufficient exploration drilling to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.



The Company will now submit a Programme of Work (POW) to the Department of Mines, Industry Regulation and Safety to confirm timing for a Phase 2 drill programme. The Company will focus specifically on a diamond drilling programme to complete the extension of the holes which could not be completed using RC, in addition to other holes to gain a better understanding of the geometry and extent of the deposit.

https://www.lse.co.uk/rns/ORCP/gold-exploration-update-fo6ge7dmnw1r5wf.html

· Diamond drilling to start in the coming weeks at Northern Zone (located 25km east of Kalgoorlie) to improve the Company's understanding of the geometry and extent of the project, which has an Exploration Target of 200-250Mt at 0.4-0.6g/t Au for 2.5 to 4.8Moz Gold

1) There’s a good chance diamond drilling could have started at the Northern Zone, or isn’t far away

&

2) Will we are a resource estimate after the next batch of assays have been analysed. A link I posted before to a Q&A, although the exploration target of 2-4Moz is an approximation, Naheed does state that the company expect to prove up 3Moz

Anything towards 1Moz right now would be significant, and definitely enough to persuade a JV partner on favourable terms to jump on board.

Half an hour ago

3 X 4,500,000 purchases for £54k. Love it

He probably pumped and dumped it a while back. Can’t stand him (own personal opinion, judge for yourself)

I’m thinking a little longer, but Hope I’m wrong. Mid April I’d say but knows. Expecting lots of Gold

https://m.youtube.com/watch?v=swojfFXBYZU

I still rewatch this Q&A from January. Listen from around 10:30 into the video, Naheed is talking about THAR block VI and a potential sale. She clearly wants to take it to production and if the demand comes through, she mentions a figure of 100-200 becoming insignificant. I think this equates to 100-200million, if the company were to sell the block on. Once taken to production, the actually value for Oracle would be multiples of this number

Combined with today’s RNS, of a significant JV to drive the $2B green hydrogen project forward, today’s MCAP is a screaming buy all around. But DYOR.

You could be super conservative on numerous fronts and have a favourable outcome for a £10m mcap company

-Lets say instead of 2-4Moz, the company only prove up 1Moz Gold
-Lets say instead of $1900, the future POG is $200 less at A$1700
-let’s say they have an AISC of $1000
-let’s say they JV out NZ and retain 40%

That can still leave Oracle with profits of $280,000,000. And that’s being conservative

Very basic calculations and a long way to go. The POG right now is significant to those who are actually producing Gold as we speak, I do agree with that. But it’s a figure in this investment sector that still carries a lot of weight.

Possibly not James but that’s not what it’s about. Finding the gold at this stage, the POG is still significant. It gives these Gold projects a projected future value the market can buy into. And when Gold is performing the way it is, the future outlook on a potential multi Moz NZ asset could be enormous.

Yes the price of gold can be volatile and will be at a different price if these projects ever reach production, but they’re still figures that can be worked with IMO

But your part of the story added absolutely no basis of truth and is borderline fiction. They’ve signed a JV to progress the green hydrogen project at pace. This is be my last post on this thread because I’m sensing a very bitter after taste for whatever reason

Fantastic RNS

If the assays are back and inputted into the system, it probably explains why they’ll be reported in a week or so. This announcement couldn’t wait any longer. Hugely significant

https://mobile.twitter.com/elonmusk/status/1508983155205804038

“ Sustainable energy generation from sun & wind is making great progress”

5 hours ago. Even Elon musk is taking notice of the sector

-Oracle Power have entered into a JV for the green hydrogen project with His Highness Shaikh Ahmed Dalmook Al Maktoum (Kaheel energy)
-The JV company is called Oracle Energy
-· Oracle Energy, a limited liability company incorporated under the laws of ****stan, will be funded on a 70:30 basis by Kaheel Energy and Oracle Power respectively.
-· The joint venture structure is intended to provide a vehicle to support the accelerated development of the Project to meet the growing international and domestic demand of green hydrogen and clean energy. At the same time, this structure will significantly mitigate the early-stage development risk and funding requirement for the Project.
-It is intended that Oracle, Kaheel Energy and Oracle Energy (collectively, the "Parties"), shall retain joint operational and management control and Naheed Memon will also be the CEO of Oracle Energy.
-The board of Oracle Energy will be the primary forum for discussion and decision making on financial and investment decisions and other key decisions and will act as the forum for stakeholder engagement. The Board will consist of three representatives appointed by His Highness Shaikh Ahmed Dalmook Al Maktoum and two members appointed by Oracle Power.
-Kaheel Energy has been issued with 233,330 new ordinary shares at 12 ****stani Rupees (Rs) per share, (a 20% premium to Oracle's subscription) in Oracle Energy. Kaheel Energy will be issued shares such that its shareholding is 70% and the remaining 30% will remain with Oracle Power on a pari passu basis.

Yes! Yes! Yes! Yes !

What an absolute master stroke from Naheed here. This is an enormous RNS. yes!!!

Same train of thought. I think it’s just encouraging to see new investors opening up positions. Hoping to see a finance package for green hydrogen and some concrete plans drawn up in the near future.

Buys*** Hahha :D

Paul, certainly a lot of interest. I know a couple of investors/traders that today have moved profits from EUA straight into here. Some very nice guys today. A 5,000,000 in the afternoon. A lot of the aim stocks I follow had a decent afternoon when it was announced tensions were easing with Russia and Ukraine. The market loves stability.

In terms of Oracle, it’s not far off being my favourite stock. Assays due within a couple of weeks, diamond drilling to begin at NZ, but before that we could get more news on THAR & the green hydrogen project. Very, very exciting

Will be interesting to see what they've found. Ground that has never been drilled before, any kind of mineralisation returned could hint and point towards a brand new significant discovery.

to me, it wasn't a tweet which was essential and I'm sure Naheed has had full disclosure of the results so lets hope they're extremely positive

"Team in WA following up on Jundee East assays- all sorted and uploaded in the system.
@OraclePowerPlc
looking forward to reporting results in a few weeks. #OracleGoldUpdate"

It really is building. I’ve just posted this on the Twitter group. The catalysts

So we have:
Jundee East. 3,000m assays inbound from virgin ground, located 9km east of an 8moz mine

Northern Zone:diamond drilling to commence. Possibly followed up by a resource upgrade. Exploration target 2-4Moz, 25km east of the Kalgoorlie Superpit

Green hydrogen project. A potential $2B project partnered with PowerChina. Naheed currently meeting with representatives from ****stan, USA, Korea. Has just a pointed H&P as advisors in moving the project forward with help from the extensive network of clientele world wide

Thar coal:
China national coal development: coal to liquid and coal to gas

Mou signed with SSGC - majority owned by ****stan government for the joint development of synthetic natural gas from utilising thar coal

All for £8m. All being worked on as we speak. Load the f*ck up

That’s a huge buy stocktow. Well done.