Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
In 8 days....
placing was for 430Million....
Overhang will be gone in no-time....
one trade alone has taken care of almost half of it (177m)
FLUSH the placees out...get rid of the WEAKLINGS...
THEN
BRING the news/rns..
My guess 1st one to POP UP anytime min/hr will be " DIAMONDS HANDED OVER"
HAPPY DAYS!!!
£2.3m in bank...placing shares almost flipped in few hours
Diamonds worth £Multimillion about to be handed over..
J/V re-Diamond mining on cards and RNS most likely imminent...
Who needs Romania and or Tajikistan
To be honest...if you listen to PODCAST carefully....you will note....how EXCITED AP is re-COPPER project....FFS we will be going in PROFIT soon on that project...so just on that PROJECT alone.....we are way way undervalued imo...
I say....BRING IT ON!!!!!
HAPPY DAYS
Markets have been bad...has been fpr last year or so...everything is down...
Now in last few wks or so...we have started to see....herd/traders playing swings...sometimes...shares have risen over 100% in next to no time.....
Our turn will come....
KEY point of notes....we have not one but three worldclass projects.......also right now.....pi's are able to BUY below last placing price of 0.275...below CEO's average....below...SHEIKHS average of 0.25p......
BUY when others are selling/fearful....
One thing i will say...even though we can EXLODE/RISE on any given news/rns....and possibly gain 100%+ in a day from these lows....we will start to gain momentum soon...as new MILESTONES are set for each project....
LOI for GREEN HYDROGEN was essential/critical ..as will LOI for THAR....unexpected J/V news/rns...re-NZ gold from AUS ...could lockout/surprise many
HAPPY DAYS
could be around the corner..
Ceo has already told us we are in discussion with third party re-Northern Zone ( gold )....we could EASILY booom on that news/rns...
who needs $multibillion Green Hydrogen / Thar Coal projects
Castle morning mate...
Best place to be right now ...... we have news due on many fronts...
Green Hydrogen ....FINANCIAL CLOSE can be only weeks away....as can be Joint Venture Partner news re-Northern Zone ( gold )...
I am also expecting news re THAR COAL soon....
HAPPY DAYS
GREAT news re-LOI in green hydrogen
one step at a time...
This LOI will be confirmed soon and made OFFICIAL then comes KEY element in that FINANCIAL CLOSE will be declared ( shortly ).. be4 we know it...we will have BOOTS ON GROUND
HAPPY DAYS
If i was to pick top three +ve's from todays Q/A they would be
1. Northern Zone....already in talks with potential partners.....this news could POP UP anytime...imo..
2. G Hydrogen.....production stage set for 2026/2027.....very very quick
3. Any new Entrants i.e partners....like POWERCHINA in G Hydrogen will have to PAY PREMIUMS......remember we all SHIEKH have paid something like 4p equivalent to orcp share price ...POWERCHINA could end up paying....20 rupees/30rupees/40 rupees/50 rupees.....
Too many positives to list all.....just listed my top 3....
Who ?? What ?? How??
We all know Oracle Energy was formed in MARCH 2022...
SHEIKH was given 233330 shares at premium of 20% to our BUY IN price...ours was at 10 rupees his was at 12 rupees/share....... 70/30 spilt...= SHEIKH had 233330 shares we had 100000 shares....in total = 333330 shares.....these i believe although i can be wrong were/are founders shares and nominal value set at 10 rupees in PAK.....
Yesterday further 10,000,000 shares were issued at 10 rupees/share.....in total 100,000,000 rupees raised.....
Sheikh paid his share i.e £270k odd....we paid our share £120K odd....70/30 spilt......our share came from placing we did on 1st APRIL 2022 ( £800K raised for G green hydrogen project ).....
We still have some £680k to put into oracle energy....if was to...i believe we will..as we have been told via interview....that money raised was for purpose of G Hydrogen then....sheikh will end up putting another £2.26M of his share.....
It looks like we are well funded to get this project off the ground...short/medium term....
In that 30th March 2022 rns.....it does state....sheikh has the right to decrease his holdings or sell entirely....orcp having the 1st right of refusal.....it is my take.....both Sheikhs and Orcps holdings will be cut...to accommodate POWERCHINA possibly few others like PAK regional GOVT...
If assumptions i have made above are correct...it would be nice to KNOW....how many shares are in issue in ORACLE ENERGY???..... good thing is.....SHEIKH has decided to pay PREMIUM in PAK via oracle energy...when he could have easily...bought more shares in orcp at discount price.....It looks like....goals/target they have set for G Hydrogen is at end...hence they have spilt G Hydrogen from other projects and at HIGHER PRICE...
Any thoughts/take on this????
Question one needs to ask.....WHO has paid 10 rupees/share in Oracle Energy?....Pi's in PAK....dont think so....ii's in PAK...possibily.....GOVT/PARTNERS..most likely....
KEY here is someone in PAK....has vision of this project succeeding.....CEO clearly stated £800k raised few mths bck was for sole purpose of G hydrogen....add to that todays some £400K...= £1.2M.......my guess is....land purchase in PAK ( sindh ) rns is near...
Ginger...YES 10 rupees i.e 4p was paid for in ORACLE ENERGY....which we as in ORCP own 30%......if and when ORACLE ENERGY lists in PAK stock exchange...we will have 30% stake...IPO will be atleast 10 rupees ( 4p uk money ).....INVESTORS in PAK are being targeted which bodes well for us...going forward.....imo SHEIKH's stake will be reduced along with possibly ours.....this will accommodate further investors..at the top being POWERCHINA......raising monies in PAK....means less/no dilution here in UK.....
Remember this will be MULTI-$BILLION project... so far already £1.2M raised re-G Hydrogen....things moving along nicely....our m/c should be well over current £7m/£8m...just on GOLD.....forget THAR or G hydrogen....
For me...todays...announcement....is clear sign of whats to come near-term...re-G Hydrogen in PAK....
Hoping for further updates/developments soon...
https://nation.com.pk/2022/07/04/sindh-govt-plans-nepra-like-power-regulatory-body-in-province/
10th JCC meeting took place in sep 2021 after being delayed several times due to cv19....imo next one i.e 11th JCC meeting will take place in around 2 mths time.....and this could contain some big announcements for us.....as this will be 1st JCC meeting with new elect govt after a while...remember under IK we didnt really get far in these JCC's.....current govt have made their PLANS/GOALS clear...
https://twitter.com/appcsocialmedia/status/1543937961321955330
"Good2hear that it has been decided no further POWER PLANTS will b built which rely on imported fuel NEW POWER PLANTS will have2rely on LOCAL FUEL
@OraclePowerPlc
can lead the way by building its POWER PLANT using THAR COAL from BLK VI
Previously projects delayed not anymore #orcp"
also
https://www.youtube.com/watch?v=TA6JjRRfaqg&ab_channel=NewsAnalitika
"8:10 he clearly mentions...THAR mine mouth power plant...he states "this power plants LOI process has been initiated, work on this plant will commence soon"
lastly
Sindh Govt Plans Nepra-Like Power Regulatory Body In Province ...which ultimately means.....more POWER/SAY for regional govt .... regional govt has always been behind us....with this new BODY we will go places together at pace....
Having our ceo on govt committee helps ...already making her mark....
one right news/rns....this rockets to NEXT LEVEL....could be LOI related who knows...
GOLD / GREEN HYDROGEN not mentioned...
Who needs $Multibillion Green Hydrogen project when we have ..THAR
Who needs 3Moz odd GOLD when we have ...THAR
Who needs...Prime Minister...when our CEO will be advising him..
I feel todays TWEET re-on govt committee of our CEO ( thar )...could be the FINAL turning point we needed...we know she works tirelessly ..so far there has been nothing to show for ..... but me thinks all of that is about to change....this was/is the OPPORTUNITY she was waiting for.....from this new position she will have much more POWER/INFLUENCE....imo 0.20's wont last long in here...one right news....this news could even be...CONFIRMATION of her new position via official rns...then watch this go to realistic valuation....my gut instinct says..placee shares are gone now...no more over hang to hold us back....
Hoping for rich news-flow period now...
We already know plans are being made for Diamond drilling at N Zone ( gold )...we also know....GREEN HYDROGEN is developing on nicely...with several Mou signed.....to top it off...we have eagerly been waiting for progress on THAR COA todays developments suggest things on ground at THAR about to get very very interesting....HUGE STRIDES / PROGRESS will made imo CEO will make sure of that....
SHIEKH must have been bit worried to be some £250k down for a moment....i suppose now he knows what us pi's feel like and go through LOL.. forget lol....come-on memon give us that LOI now......
THAR is big...its huge...its massive.... i feel .....GREEN HYDROGEN could be the ONE lot of work has gone in that...SHIEKH has not only some 18% stake in orcp but more importantly he has 70% stake in newly formed ORACLE ENERGY ( for purpose of Green Hydrogen )...he must have BIG PLANS on that front...especially his company being at forefront at home on Green hydrogen...
£7m m/c...for possibly three world CLASS assets......no brainer me thinks....
YES markets are bad all round....they wont be bad for ever....when they turn....BOTTOM FEEDERS will gain the most..
WHICH news/rns next????.....gold?......coal?....green hydrogen?....take your pick....
VIDEO relating to our project in PAK
https://www.youtube.com/watch?v=2UxpyfMUjvQ&ab_channel=NewsAnalitika
Who are they....
Just digged this out
http://jiangsu.chinadaily.com.cn/zhangjiagang/2022-03/15/c_725633.htm link might not work ...hence screenshot below
https://www.screencast.com/t/Kje57hgeSfG
A groundbreaking ceremony for third phase of the Guofu Hydrogen Energy Equipment Industrial Park is held in Zhangjiagang, Suzhou, Jiangsu province. [Photo/zjgonline.com.cn]
A groundbreaking ceremony for the third phase of the Guofu Hydrogen Energy Equipment Industrial Park was held in Zhangjiagang, a county-level city in Suzhou, East China's Jiangsu province on March 14.
The project, which is among the many provincial-level major projects in the new energy industry, has 1.5 billion yuan ($235.27 million) in investments and is expected to be completed in 2023.
The project will involve the construction of intelligent production lines that can manufacture 80,000 Type III high-pressure hydrogen storage tanks and 500 sets of water electrolysis hydrogen production equipment annually. A research and development center to develop related products, materials and techniques will also be included in the third phase of the industrial park.
The project involves all sections of the industrial chain, including hydrogen production, storage, distribution and supply, said Wang Kai, managing director of Jiangsu Guofu Hydrogen Energy Equipment Co, the company behind the project. The park is expected to generate 2.6 billion yuan in sales and 1.5 billion yuan in tax revenue every year after completion, Wang added.
The first phase of the project has been put into operation while construction of the second phase has mostly been completed.
https://www.thenews.com.pk/tns/detail/965012-thermal-power-in-times-of-stagflation