What about the divestment21 Oct 2025 10:27
Mentioned in the RNS of the 12th Sept -
"In the first half of 2025, we have been actively pursuing options for this asset which includes the potential divestment of the block and we are currently having a dialogue with prospective investors."
She used the word 'currently', 6 weeks ago, and it was mentioned in the Q&A recording on the 7th Aug , that there were in fact 2 parties interested and in discussion at that time, so I wonder if those are still ongoing?
Interestingly, she also said in that Q&A recording that they've now realised that they'd prefer to be involved in projects that don't drag on for years, so that also makes me think we may see value through a Thar sale before we get true value from the other projects.
Having been invested in GGP since the early days in 2017, I know only too well how long it can take to see real sp movement from gold as the true value is only realised once it's out of the ground, and during exploration phases, the general POG doesn't have much direct impact on an explorer's SP. I'm not putting a downer on the Aus gold involvement at all, but I really would like to see a shift on the Thar involvement.
If anyone wants to listen to the Q&A, go to https://x.com/OraclePowerPlc and scroll down to the 7th Aug.