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Yep, a lot of patience is required here, but could be very well rewarded. We know from previous results, the labs can easily run a few weeks over.
Each of the projects have stages to go through with increases in the sp likely at each stage. With the gold, that will be each set of lab results, then if/when a JV is agreed, then physical set up of permanent extraction facilities, then again as the gold comes out.
With the hydrogen, the same same. Physical set up of facility (production facilities), commencing production and finally, sales of hydrogen.
The coal is likely to see a huge spike if we get the LOI, then physical set up of pit/mining, sales of coal, coal to gas facility, cement, fertiliser etc.
That said, this is a great opportunity to see several growth opportunities, spread out over a 3 to 5 year time frame. Not to mention any further projects brought in as things progress.
Just my view of course, please do our own research. So yes, I agree, patience here is the key.
The turning on of the key to get the power plant up and running makes logical sense, so there must be another reason it hasn't happened yet. We just need that little extra push to get past it and all the right signals are coming towards that. Add in a JV for the gold and we could easily surpass the historical 10p.
In the meantime, I guess we need to sit back and get ready to party. Then we've still got the hydrogen down the line to add the icing on the top.
Good times ahead. Maybe not that far ahead either...
anyone not buying into this stock at this price is likely to be kicking themselves a few months from now IMHO
I agree with you hopingforbags. We have seen quite a bit of scalping going on IMHO. I'm sure that good things are literally just around the corner now though. Maybe I'm being overly hopeful but there is a lot going on to be excited about.
We were told on 7th March that we should get news from J. East in 6-8 weeks. We are now in week 8. We were also told that drilling was to commence at the Northern zone within a few weeks, so that should be underway one would think.
The coal/fuel shortage in P...stan is mounting pressure in our favour, alongside an interim Government that is more likely to be on our side. One would imagine that they are going to want to make some pretty large advances if they wish to get voted in at the end of their interim term.
The funds have now been raised for the Hydrogen to move forward, so even though this is at an extremely early stage, there is potential for some major growth going forward. I wold expect regular news updates to come in surrounding this over the next few months if they wish to actively compete in this new/growing market.
If I had any further funds available, they would definitely be going in to this before anything else. I managed a top up 2 weeks ago, but stuck for another month before further funds are available. This sp could easily move massively in that sort of time frame
I remember seeing something long ago, about the sp being valued at 10p+ once Thar VI kicks in. We've seen some dilution since then, but we also have the gold and blue hydrogen coming so could keep rising over the couple of years or so. Anything north of 15p and I'm taking early retirement....
Yep, the cap is still nearly £10m. I remember around a year ago, Naheed said she expected the mcap to hit at least £100m within five years. That was before we took on the hydrogen project, so it would be interesting to know her prediction now
Ivans, I agree with you. There are many potentials for the sp to suddenly rise. I still feel very strongly that there will be an excellent return here, so no Washers, I'm not trying to scaremonger. Just looking at timeframes. I would feel that Naheem et al will be doing their utmost to ensure that good news is going to be arriving with the next 2 to 3 month period, with pressure from their Advisor to do so.
One of my biggest worries is that we are rapidly falling down the AIM listings. Being as we still have no income and the whole market is being jittery at the moment, is the NOMAD going to feel comfortable with Oracle still being listed if the sp drops much further between now and June?
Good point about the Northern Zone gold Ivans. It's just over a month since we were told that they would continue with the next phase of drilling there (presumably this is to actually start mining now?). Maybe another RNS coming? Got to be close...
Hi Magnum. As far as I'm aware (others on here may well know more), they are still awaiting clearance before they can build. A lot more info can be found here https://www.gem.wiki/Thar_Block_VI_power_station
The gold should be through this year, plus Thar VI. If the Hydrogen goes ahead (I don't see why not), then work on building the plant is also likely to be this year. Any further projects could easily be 18 months or so before anything solid materialises. So, I would agree, we are likely to see major changes to the sp within the next 12 months. Probably much earlier than that. Just my opinion...
Yep, the sp certainly doesn't reflect the value here, but that's why we invest in AIM stocks I guess. Looking for whatever is undervalued with a lot of upside. Personally, whilst this is a volitile stock, I do believe that we will overall, see a continual upward growth over the next 3 to 5 years, reaching a 10 bagger if not more. Just my opinion. As always, DYOR.