Member Info for Casper786

rshah,,,no-one bothers on this....BB...someone has to put the info....out.....if you want to take the ROLE most WELCOMED mate.....and it bothers me not in the slightest if you invest or not......:))

INCREASED their stake from 10% to 15%....

https://www.energycentral.com/news/oracle-power%E2%80%99s-chinese-partners-revise-stake-thar-project

https://www.energycentral.com/news/chinese-firm-completes-40-projects-worth-6-bln-pakistan-0

POWER CHINA already completed 40 PROJECTS costing them $6BILLION.....

"Besides, as many as 22 projects are currently being executed with a total contract value of about $ 2.8 billion,"

15% of $1.7BILLION = $260MILLION.....so out of that $2.8BILLION...$260MILLION is coming our way....

HAPPY DAYS!!!!

Thar COAL valued at $25TRILLION by some.....

We have a BLOCK out of 175BILLION TONNES coal....1.4BILLION belongs to us....

t is an elating moment for the whole nation that The Thar Coal project has started electricity generation of approximately 330 megawatts. The power supply to national grid station has also commenced from the power plant. Thar coalfield has its ground finally.

The treasure buried in Thar is worth 25 trillion dollars. Through operating efficiency and development, mechanisms, 175 billion tons of Thar coal can produce one hundred thousand megawatts of electricity. This calculation lasts for the next two hundred years. Thar coal will enable a reduction in oil and gas import. Surplus electricity, on the other hand, can generate almost 25 billion annually, which is more than our total exports. The energy that Thar holds is more than the combined energy of Saudi Arabia and Iran while it is 68 times higher than Pakistan’s total gas reserves which is a mantra of Thar Coalfield. The 9000 square kilometers of area holds the key to Pakistan`s prosperity.

Pakistan is facing a serious energy crisis due to a rapid increase in energy demand from growing demographic pressures and intense industrialization. The present power generation capacity stands at 28000 MW where 22000 MW based on primitive transmission. This results in an average shortfall of 3000 MW. We can overcome this particular shortage by Thar coal in the short term.

To all of us, Thar Coal is an oasis in the desert; I wish it ended all the mirages and miseries of Thari people.

https://nation.com.pk/11-Apr-2019/thar-coal-an-oasis-in-desert

https://fp.brecorder.com/2019/10/20191007525038/

"The minister dispelling the impression that CPEC projects have hit a snag said all projects under the corridor are intact and streamlined. He said in energy sector, projects of about 4,300 megawatts are under construction and of 2,500 megawatts are under planning"

To be honest i dont like replyiny to TROLLS...but just this once.....its not only me seeing us completing by june 2023...that date is mentioned in several OFFICIAL documents....some of which i have already put up.....its ESTIMATION/EXPECTED date...this is the FORECAST government of SINDH/PAKISTAN have made.....:))

Phoebus.....phase 1 we will be going for 700MW...:)).....it wont stop at 1320MW.....this will increase in time....:))

http://sindhcoal.gos.pk/oracle-coalfields-plc-uk-block-vi/

"The Company is in final stages of discussions with Sinosure and other equity providers for securing debt."...again we should hear by year end as promised by CEO.....note here it say....."FINAL STAGES" very very important if you ask me.......

Where it says Financial close end of 2020...that means....they have to put forward a PLAN ..their development plan ...meaning what they are going to do....and how much its going to cost.....this will be a breakdown.....this doesnt mean nothing will be done from the point we sign FUNDS deal to that point far from it.....FINANCIAL CLOSE will also include things like TARRIFS etc.....how much each unit is going to cost to produce and distribute.....

main thing we will still be on TRACK to finish 2023/2024..... i see us finishing JUNE 2023.

we are number 12

http://www.ppib.gov.pk/N_upcoming_ipps.htm

whats important about this document is the FACT.....they are showing us under...year 2023......this is expected COD ....( commercial operatin date ).....and IPP ( Independent Power Producer ).....basically they are saying in 2023 we will be producing POWER....

this article is quite recent updated on 22/11/2019

The article below....is FAQ's....QUESTIONS people ask.....this article also holds information on main lenders foreign and local...see number 5...... not only that it also shows....Investors(Sponsors) in Private Power Projects see number 6.

I have seen some of these lenders on ENGROS book ( our neighbour block II )....we will most probably end up with some of them.

http://www.ppib.gov.pk/N_faqs.htm

http://cpec.gov.pk/energy click on right handside...

"Shareholding agreement on new equity partners in process."

This is what we await for...CEO has told us we should see funding package by end of year.....

where it says "Yet to be determined"...we already know its going to be $1.7B..once funding package is confirmed they will update this......the figure was supposed to be $1.6B...but it has gone up.....because.....we are going for more POWER....from around 650MW to 700MW now....

When it comes to CHINA they dont hang around...they get things done quickly.....just look at POWER CHINA ( google it )...one of our partners....$62BILLION company....most of projects china has taken up....in pakistan under cpec..have finished on time or well ahead of time...example....BLOCK II....block next door to us....

http://www.ppib.gov.pk/CPEC/CPEC.pdf

COD = COMMERCIAL OPERATION DATE... http://www.ppib.gov.pk/N_acronyms.htm

this is the EXPECTED date...ENGRO in BLOCK II finished as far as i know finished 3-6 months ahead of time....and at 20% less overall costs...

stoptilly.....atleast i keep my posts on relevant thread i dont cross ramp.........:))...why are you so much agitated...:))

RUSSIAN to invest $25BILLION

In a big development, $25 billion Pakistan Russia economic corridor to earn billions of dollars annually for Pakistan

https://timesofislamabad.com/10-Dec-2019/in-a-big-development-25-billion-pakistan-russia-economic-corridor-to-earn-billions-of-dollars-annually-for-pakistan

"More importantly Russia-Pakistan economic corridor will also be set up and Russia will also invest in fibre optic link, roads and power projects as ancillary facilities."

Government of pakistan planning commission ministry of planning, development and reform...

https://fp.brecorder.com/budgets/19_20/annual-budget-plan.pdf

Good to see Thar Coal being mentioned several times especially re-ENGRO.in this OFFICIAL DOCUMENT...not only that BLOCKVI also mentioned on page 134....

if you connect few dots together....GASIFICATION to fertilizer also mentioned indirectly.....:))

Huge Pakistan mine shows the power of coal

dd to Pakistan’s woes a crippling shortage of energy. Although the government has made progress in tackling the power deficit, blackouts are a way of life. Tens of millions of people aren’t connected to the grid. In 2015 inefficiencies in the power sector cost the economy $18 billion — 6.5 percent of gross domestic product. When it comes to power, says James Stevenson, Sydney-based senior director for global coal research at IHS Markit Ltd., “It’s having it or not that matters, not where it comes from. Governments wanting to be elected want people to have electricity. That’s why coal has momentum.”

"The workers digging in the mine in the Thar are Pakistani and Chinese. China will provide financing — from 50 percent to 90 percent of total costs — for $60 billion in projects to upgrade Pakistan’s transport and energy infrastructure, making the South Asian country a standout partner of Beijing’s Belt and Road initiative. Of the 10 biggest Belt and Road power projects, eight are in Pakistan, and five of those are coal-fired."

Phoebus...yes nice buy......:))....who ever it is ....he only has traders to thank......we are back down at these levels due to sell off at 0.70p level by traders on sheikh tr1 rns.....before that rns...we was moving up steadly/nicely....cosolidating along the way.

Well lets put the past behind us....and move on....

i have been doing further digging...over the last 24 or so hours......i have found out some more interesting facts.....which i will share with you guys on here....:))

ignore the troll...just look at his history...you will understand...:))

All traders are gone today....so we can start again without them...:))

folks who sold are piling back in now.....

jarv55.....all CHARTS will be BLOWN out of window when we get confirmation on finance deal with our chinese partners ...:))

I have always liked your charts....you are one of the best in my view at charting .... keep your good going...:))