Member Info for chelcele

MOG,
I am not the wiser investor here, but these are my reasons for investing here.
People invest in the Aim based on potentials, and ORCP has the potential to grow a lot more than this stage after the LOI being issued. In other words, the risk to reward here is big, as it can easily be a 4 bagger from this level subject to the issuance of the LOI.
Recently we all heard about the decision to convert Thar VI to Gas, Diesel and fertilizers this is even better than the initial potentials that we all invested for, hence, I believe this project will move forward soon
The important works to file the application for the LOI are mostly done and let's not forget that the Covid impact along with some other political issues there hit this project hard.
Overall, my message to the BOD has always been one thing don't let the PI to feel doubt and don't the sentiment to go away. There are many ways to give confidence to the PIs such as extending the volunteer lock-in of the HH in this project for another year, or simply directors buying a substantial amount of shares can help a lot. But, unfortunately, due to the lack of proper communication PIs have started to feel shaky atm.
I have significantly reduced my position when it was around 1p at different stages, but I have recently topped up and I will keep this position for a while and see if it is going to progress.

I agree the article can bring the confidence to the PI. I hope for a massive blue day today.

I think we will be having a good day tomorrow here! God should have topped up more!

Wow, that is fantastic news. converting this Thar coal project to gas and fertilizer and diesel is even better than what we were waiting for so far. can't wait to see this stock recover again and goes well beyond the 1p.

Maybe if directors buy or manage to convince the Sheikh to buy more would give some confidence to this stock and address some uncertainties here. But, certainly, all those investments in the railway and etc for the Thar project are not going to be wasted.

MADGEYBOY
I know you for a long time here. I remember you very well mate.
I was addressing Spicey's comments.

Well, I will be holding my current small size shares and will top up again anyway. I posted many times that this stock will be hit hard by Covid 19 hence I sold a majority of my holding at around 1p. now I am quite comfortable with my current position and the average.
LOI will land here sooner or later.

Don't you think as the Sheikh was a major shareholder he was certainly part of the recent acquisition?
If you are not a holder, I wonder why you are so concerned about it?

I managed to top up below my average again, after the fantastic news about the new Gold project I couldn't believe I would be able to top up at 0.599p. This massive support at around 0.6p even in such a volatile market makes this stock almost risk free in these levels. It is just a matter of how BB promoting the stock atm.

Thanks Washers.
I agree that there is strong support at 0.58p to 0.6p, and this is in fact, the average of my current small holding. But, for top up I just need a small buying signal which is not yet there, or at least I cannot see it.

Do we have a new deadline for the LOI? last time ORCP board management failed to stick o their deadline and this caused PI dispersion. I figured it out early and sold a significant portion of my holding around 1p, but I am keen to buy back when I hear more imminent news about LOI.

Would it be closed over £1?

This looks like a good sign if these are all buys, some good updates for the market are on the way?

Hi Guys, when I try to get a dummy sell quote, from 500k to 5 mil shares I get 0.2342p. While I can see a see of red sells around 0.25 or even more!! Are they buys marked as sells?
Have you tried it?

Can someone tell me please, who is going to be eligible for the dividend? only those who bought in the first half of 2020?

What would be the end of an attention seeker? Simply block them! Let them waste their time.

Despite some very good posters, and some insightful posts and valuable information here, there are some serious clowns here which figure themselves and laugh hard and blame others!! BLOCK THE CLOWNS!

Castlepaul
I agree this is the best time to buy, top-up, or average down. I think I posted a strong buy hint a couple of days ago as well. I am no day trader either. I never tricked anyone at 0.8s or 0.9s by saying this is a strong buy at those prices. Of course, if we had a better CEO who could stick to her words, 0.8s and 0.9s were also a bargain, but it is what it is!

When I predicted SP potentially may go back to 0.6s, some big mouths attacked me hard. Here we are! Of course, I played it correctly. But, I think 0.65p to 0.7p is currently the minimum support level this is now a strong buy!

GAZALA69,
You sound very familiar to me! Does 'Newcastle' tick something up in your head?

At least we all agree on more than 1p after LOI. Leave the 2p for the believers!
I am not done with ORCP after the LOI, long way to go, and many many more bags for those who play it correctly. I am just damn trapped in ODX otherwise I would have toped up ORCP more and more and more.
Damn you COVID stocks, absolutely unpredictable!