Member Info for AmatraB

For background information, it may be worth doing a search on Mammoth Solar farm in Indiana. It is a project of similar size (1.5GW), now halfway through it's creation, with it's first phase of power creation anticipated to be late this year. The project is expected to have taken 2 years from start to finish. Oracle Power are ahead of this timescale though as the Mammoth project had to deal with over 60 landowners. A headache Oracle Power won't have, as the land is already theirs.

Legalwolf, I agree that they will want to see Capex sorted. This will of course, all be done during the FID of each project.

Been mulling over the Solar project and it struck me how good the timing is. We've been waiting for a long time for ORCP to be recognised by the larger/Institutional investors. A large buy by any of such could see the sp rise exponentially. So how could the Solar project help?

The timing is perfect as far as financing is concerned. The average utility size solar plant takes around 18 months from first concept, to being plugged in to the grid. In a recent interview, it was said that FID for the Hydrogen was expected to be complete in around 18 months, plus they are commited to ensure the project hits completion.

Immediately after FID, work commences. Boots on the ground, structures & equipment put in place and everything moves very quickly. That will require funding. Having the Solar in place will give both an income source and a large asset to help raise any further finance.

So, how does this affect the sp now? Well, as we all know. Once things start moving, it's too late to buy at the bottom. I would imagine that we have already attracted a lot of attention amongst the larger investors and the situation is being followed in detail. As soon as the FID for the Solar is complete, things will start to develop very, very quickly. As the Solar will then run into aiding the financing of the Hydrogen project, it's likely to continue on an upward projectory for a long time.

The question now is, when is the Solar FID going to be complete? Also, are there plans to bring the gold into the equation? Selling the asset could bring in the financing for the Solar. Time will tell, but I for one, think it's all going to come together quite quickly now.

Onwards and upwards

We haven't seen the Director purchases this month either. Hopefully things are being held back a bit because there is some (good) news about to come through.

The topographic survey should be complete now, so presumably it's over to ThyssenKrupp to do their part. That would open up the opportunity to apply for funding and getting boots on the ground.

In my mind, that gets us to the point where it becomes easier to value the project and the sp moves accordingly.

That said, this must surely be the bottom

Like others, I'm heavily down here, but happy to wait this one out. The results will be worth it in the long run.

We should be having the Thyssenkrupp coming through within the next 2-3 months, then it's boots on the ground. That is going to require major funds, so the discussions regarding that will either already have taken place, or doing so now. The report is what will obviously be what is being waited on for any JV partners to agree. The build is going to need confirmed, large investment. That for me, is the point where the sp will radically change.

Shouldn't be long now...........

It is getting to feel that there have been too many dilutions IMHO. Each one drops the sp, making it more difficult to do future rounds, as investors are worried if they are going to get their funds back. It may be in my imaginstion, but I thought that it had been said that we were going to go the route of other forms of funding as there were lots of options around GH.

We really are at the point where something needs to pull the sp back up from its' current levels, then we can continue to progress. There are still a lot of potential factors that could do it. We have various projects which could suddenly step up. My only worry here, is that all focus is on the GH.

Lets get at least one of our other projects moving...

We were told that there was going to be news soon.... on a gold JV, but nothing has occured. That the coal had to happen as it's needed, but nothing there either. The only thing we seem to be progressing with is the GH. Nothing wrong with that, but surely it must be obvious that we need to be told if that's the case.

China has said they will not be funding any more coal mines through CPEC, so presumably that means the funding is gone. That was confirmed on the recent meeting with them over a discussion regarding moving a 330MW power station.

Whilst admitting that nothing is likely to move forward on either of the gold and coal projects might seem like bad news, the sp is already in a major downward drop, with the lack of news, not helping. Better to get it out in the open and move on if that is the case.

Naheed keeps saying how she wants to bring value to the shareholders. Well she has quite a few major shareholders, currently looking at a major loss, with no information coming. The last few updates have just been shuffling around the same information we always get. I'm trying to stay positive here and feel that a piece of honest and direct information, could go a long way.

I mentioned in an earlier post, that it would only take a few of us major sharolders to use the 5% rule and call a general meeting for direct answers to specific questions. I'm starting to wonder if the need for such a meeting is imminent.

Again, trying to stay positive, but it's difficult where some of us have been in a long time and seen large investments eroded.

My own take on this mornings RNS.

A bit of negativity around this morning, although it's not all doom and gloom. Yes, the dilution has dropped the sp again, but it was pretty obvious that it would have to come at some point. It's the only way that the projects can move forwards. Otherwise we would be taking on loans, which would also have dropped the sp, plus we would have the added problem of having further outgoings to make all future payments towards them.

Looking at it the other way, we've secured further funding, so we can continue to progress. Raising funds is going to be an ongoing necessity. Either through dilution, or through bringing in investment partners (also dilution). It's the only way we can develop further.

It can been viewed as a positive move. A temporary drop in the sp, whilst there is further movement forward, taking us closer to growth, resulting in higher sp later on. We also have a new MOU, which gives us the opportunity to get an offtake LOI on the GH by year end.

Onwards and upwards....

Thanks Spank.theMonkey. Hopefully these small changes happening, suddenly turn into an LOI

Onwards and upwards....

Sorry Ludlowland. My mistake, that's the Q4 update

Hi Ludlowland, try here. http://www.oraclepower.co.uk/investor-relations/regulatory-news/

Whilst I'm glad that we now have an update coming, I think that the Q&A format is a bit outdated now. Everyone knows that only the questions that fit the information they wish to give out, will be the ones that are answered. The others will either not get selected, or the reply will be that the information is not available at this time, for whatever reason. The chances of picking up some extra information, either by a slip up by the responder or reminding them of something they forgot to include, is extremely limited.

It's a lot more useful to have a full and detailed presentation. We would have information which could be further researched, verified and visibly checked against previous reports and our own views. Plus, checking data from various reports, gives a useful snapshot of the companies position over a historical timescale. A well documented report, with hopefully an executive summary, is far more useful than having to replay Q&A sessions when checking how things have changed and hopefully improved over time. They would serve as a good paper-trail of how far we've come, how well targets have been met, plus follow ups on what is still to be done.

It should also be definitive, without generalisations. No more "soon", for instance.

Just my opinion...

http://cpecinfo.com/projects/thar-mine-mouth-oracle-power-plant-1320mw-surface-mine/

Other than October last year, we received our Quarterly updates by the middle of the month. Even the October one that arrived later had arrived by this point, so could it be that they are waiting on confirmation of some piece of news?

We are due our 4th Quarter report and hopefully Q&A any day now, so with so much to update us on, is there going to be some good news coming through?

The coal and power situation in ****stan is getting progressively worse every day, so pressure to open Thar VI must be mounting. Shortages of gas, also bring in further pressures.

We've not heard any updates on our potential gold JV for a while, so positive news on that front may be incoming and the last we heard on the land survey for the Hydrogen plant was that they were finding the site to be relatively flat, which is good news as it will speed up construction time.

It will also be interesting to hear what is happening regarding publicity, as it is now 2 months since Buchanan was retained as Public Relations Oficer. Again, it is hoped that there is some interesting and worthwhile campaigns coming forth to highlite and promote the Oracle Power name. Thus, increasing interested and raising the sp.

This has been a long journey, are we going to finally start to see some light at the end of the tunnel....

Kashdog and Magnum, thank you for your feedback.

I'm not actively looking towards setting up a group though, I'm just interested that we are at that level and wondering if anyone has any experience of such. The 5% rule is a human (shareholder) right, so must have been set up for some reason. It could be that it's a very beneficial one.

I can also ensure you that I have a job which more than fills my time and definitely do not fall into the idly rich category. I am, like others, heavily invested here. That means that I am also heavily invested in wanting to see this to be a very successful organisation, so am more than happy to do whatever I can to help such.

So any and all feedback is appreciated. We are all constantly learning...

With there being quite a lot of us who have very supportive of Oracle and investing quite heavily, there is likely a group which has now the 5% level between them. This is an important number as 5% is the magical number where a shareholder group start to be recognised as influential.

A group of shareholders owning 5% or more between them, can call a general meeting for example. With 3,078m shares in circulation, it would only take 50 shareholders with 3+ million shares each to become such a group. As there are quite a few of us who have far more than this figure, I should imagine that the actual number of shareholders required is probably a lot less. The reality is probably less than half this number.

I'm not aware that such a group has been formed within Oracle yet. I've never been in a position to be a member of such a group before either, so am not fully aware of how it would work and what benefits there may be, if any. So I thought I would post this here for feedback from any of you have had previous experience of such a situation/group.

Could it help Oracle or the shareholders in any way? Would it prove to be beneficial or disruptive?

Onwards and upwards....

Looks like it was so good, I said it twice :)

****stan is currently desperate for international investors to come in. Even more so in various the areas of energy supply. The world and its' investors are watching how things progress on this stage and every delay put in place will be noted. There are some very influential players involved in the Oracle projects, who will no doubt be passing on their experiences to their peers, who may be considering other projects to aid ****stan move forward from thei current, precarious position.

Every delay is like an economical version of russian roulette. They can't afford to hold off much longer. It would be both economical and political suicide.

And, everyone is watching...