Member Info for AmatraB

Yep, 0.3 seems to be a definite breakout point. It's hit it a few times now and just needs that little push to break through, then the floodgates could open. The stochastics look good for a run from there, it's not dropped back far from each time it's hit it, so I wouldn't be suprised if there are a lot with signals set at that point.

I'm sure that Oracle are starting to get some recognition now. Just that little push or a good RNS and things are going to start to fly. Likely to be quite a bit of good news coming through for the next few months and onwards with so many projects on the go. I know that there are many of us who felt that this year was going to see the turning point and there's lot's of evidence that it's finally happening. Onwards and upwards....

I'm hoping so James. If it turns into the news we're expecting, it could easily be 1 - 2p. Fingers & toes crossed.

Onwards and upwards.....

There is so much media coverage over the trip to China and the signings that are due to take place. Add that to the recent IG video. Surely there has just been courtesy from Oracle here on holding back news. Is this going to finally be the LOI we have been waiting so long for?......

Makes sense to average down whilst the opportunity is there. I was around 0.45 last year, but have now got myself to 0.32. Now sitting with over 5 mil though, so can't afford to buy enough to make much of a difference now. With so much coming up on all three projects, there won't be much chance of getting in at this price for much longer IMHO.

Jcc on Thursday, so this could be the last chance to buy in at this price.

Onwards and upwards...

“The Chinese are ready to set-up a working group on the mining sector therefore, we must give them some tangible proposals,” said the minister, while stressing the ministries to make a concrete plan rather than a business-as usual approach. https://www.newswire.com.pk/2022/10/20/cpec-681/

https://www.dawn.com/news/1714553/cpec-projects-to-speed-up-after-jcc-meeting-chinese-consul

(viii) convening of 11th JCC meeting

https://www.brecorder.com/news/40200314

So two more pieces of good news this morning. With the introduction of a second director share purchase plan from October and also the upcoming JCC meeting in the first week of November, things are progressing quite nicely methinks.

Onwards and upwards...

Managed to grab some more at 0.226 this morning. Surely can't last much longer at this price. Waiting on the CPEC meeting for this to rerate.

My guess is that many have been holding back to see the earnings report. This could be a very interesting week...

Just bought another 800,000. Bit of a no-brainer at this price really.

Onwards and upwards

Personally, I see this as extremely positive. The points to be met over the next 18 months were no more than what would have been expected and are likely already included in the projected plan. The only thing was missing was the LOI to get the plan started. We are now there.

Naheed has been open about what has been required in the past and I'm positive she will have already anticipated what needs to be done now. We have to remember how good she is at getting things done. Game on!

Surely both the LOI's for this and Thar VI must be imminent now. The fuel crisis is getting worse by the day, so there is no sensible reason to keep this delayed. I understand that the Coal may require confirmation at the next JCC, but the Green Hydrogen project has got its' bank guarantee, which was the only delaying factor. Come on guys, let's get the paperwork signed.....

Onwards and upwards

For what it's worth, my view here is that the only economically viable option, is for the government to further push ahead with their development plans. They will be fully aware of that. The IMF has agreed their bailout, the region around Thar is one of the least affected and the country desperately needs to improve their economic situation. If other industries are likely to suffer, then those that can develop are more important than ever.

We've been waiting a long time for Oracle to be able to get boots on the ground and get the various projects moving. We have seen ebbs and flows. This is common, anyone who has invested in large scale projects, should be well aware of that. This is a long scale investment, which IMHO will bring excellent returns over the mid term (3 to 5 years), but there have been many delays and there will probably be many more. Again, this is common in this envirnment. In her last interview, Naheed stated that everything is continuing to move forward though, plus we have some excellent people on board.

Keep the faith

So with fuel protests kicking off in Lahore this morning, hopefully the government will start getting things moving a bit faster. It's been quite a while that the new government said they were going to fast track. They need to get the LOI out for Thar VI, so that we can get boots on the ground and help the situation.

They can't afford any further unrest at present, so fingers crossed this may be the catalyst to get things going.

Hi Spank, Yep, I seem to have a sea of green filtered messages this morning. Got him blocked on Twitter too. Don't need all that negativity over my morning coffee...

Looks like someone is trying to build a fill a big position hopefully

Castle, I always thought this one may be a 10 bagger in the next 3 to 5 years. It's definitely starting to look like "soon" is a real possibility now though. So much news to come in over the next 6 months. This looks like the year everything finally comes together!

Yep, this may have upset the mmarket this morning, but I see 2 positive points. We haven't taken on any debt, which protects us from further increases in interest rates (very likely in the current climate), Secondly and more important, the raising of the necessary funds has been acted on extremely quickly, meaning we are going to get the LOI much sooner and can progress the project.

Once the LOI hits, the sp will bounce back up.