Member Info for chelcele

It is just beautiful. ORCP never disappoints me! The taste of 200% rise from 0.65p to 2p is much better than only 100% from 1p to 2p.

I was concerned about the misinterpretation of people for the RNS this morning. But, finally, people realized that investing in this project with so many different elements of trust and confidence is rewarding. I have topped up a few times since morning and I wish I could buy more.

Clearly warned everyone this is not a short term trading stock, as this RAN in short term means dilution and nothing more. But, in long term means confidence, means funded to some extent and means progress. SP will react exactly the same, short term down, long term 5p per share.

Jstar,
The first few lines of your comment made my day! Well done mate. "They are selling that volume in a micro cap stock to buy in later? from whom? and to increase their overall holding - why not just erm.. buy?" :D

Well THANKS TO NAHEED, at least we don't know when the LOI drops, apparently, BHC knows it very well so they can take advantage of the SP swing if you are sure about your comment Ben!

Trilla,
In fact, if you are right, this should not be a piece of good news for us!! If BHC has gone for a quick trade only for a 20% to 30% profit, with such big risks, then simply means they cannot foresee a bigger profit for at least the next few months ahead! Damn it Naheed, update us properly to see what the hell is going on! you have already missed the deadline and this the investor's right to be updated. Stop this bloody cheap game and tell us the good/bad news.

Trilla, Maybe you are right. But the irritating part is that big companies usually don't do these kinds of quick trades. In May the share price was around 0.65p and on 3rd July the share price was around 0.8p the reward/risk was not that big for a punt for such a big financial group.
I am not saying you are not right, but as an investor, I don't completely buy the idea.

Simply it means they have sold around 33 mil shares!!
Based on the 7th of May Nazario consultancy sold out its shares, and BHC increased its position based on the $th May. Now just about to get a huge update about the LOI they have sold 33mil shares. I don't understand why would they do that?

Based on my calculation, BHC was owning 11.09% of 1,868913151 shares which means around 207 mil shares. The total number of shares in issue has been increased since the last notice for 111 mil. Hence, if you calculate the current percentage means (207mil/1979913151)*100= 10.46%, this clearly means they have sold some shares and have reduced their position!! But Why??

OMG Cowboy come on!!!! that is the total number of shares in issue!!

Has BHC actually sold, or this reduction in their position is due to a change in the total number of shares in the issue?

Is it the only RNS for today? or there is another one on the way? I hope for one long-delayed RNS.
If it is the only one for today, I feel for those who got super excited from an email, thinking they have got some valuable information from that no one else has!!

Manwhodoes
What I was saying is that ORCP is a trustworthy company despite the annoying CEO. The project is huge and I will never get out of it as it will be a huge mistake. The RNS may be released anytime. I just wanted to tell my fellow investors here that I remain Faithfull to ORCP with my relatively big investment here.
The level of confidence that I have in ORCP, allows me to frankly talk about my thinking of the short term SP action. Because the gamechanger news may drop anytime.
Some people think I am dreaming. I am surprised!! I am not! When I say if it goes down I will top up does it mean deramping to you? To me it means confidence!

I have a weird feeling here! I have offloaded about 3 mil shares on average around 0.94p over the last couple of weeks, and still have a chunky size of shares. Hence, if it goes up I will be happy, if it goes down I will be more than happy to top up again. I am enjoying the game Naheed Memon, take your time on twitter and update us with your political views on irrelevant things!

The lack of communication will put off the AIM investors, fair enough. But, who is going to leave Just before the party starts? I did! Sold all my profits here and moved it to ... (no cross ramp intended) but some of you already know!
Anyway, with a great news today that one will hopefully do good, and I will patiently wait for ORCP with my initial amount of investment.

That’s Fabulous! Well done Team. Can we see this over 0.4p today?

I don't like the SP drops at all, but it never goes up straight away! Yes, no communications from the CEO are frustrating, but SP swing is the excitement of investing in the AIM market. I honestly don't mind if it goes back to 0.6p, but, the support in 0.9s is brilliant, makes it risky to short now. However, I will be buying more if in the next few days it drops further and remain calm until LOI drops here and the tree starts to blossoms.

Well, I clearly mentioned about the pandemic a few weeks ago when stats especially in Pakistan was significantly increasing. Some people thought I am dreaming!! How dumb they were, how come I deramp a share that I have significantly invested in?!!
Anyway, one person replied that signing off the LOI is not necessarily limited by the pandemic as it is a kind of formality, and still can be done during this pandemic, which makes sense. Clearly, the deadline is passed and an update to the investors is what we need here. I am happy to wait for the next deadline as I have done so far, but I hate the lack of communication.

Beaub
The current situation in ORCP is quite clear, Ramping or de-ramping is simply a waste of time. I think people who are invested here are mostly experienced investors. We all try to stand by our research. I agree with you that some are quite aggressive here about some rational concerns/questions but ignorance is blessed. The most important thing is the SP here which I think is doing very well, good support at these levels albeit the lack of communication means people are holding very well. Patience is required.

It does not matter if you like my posts or not, or if you got bored or not. The fact is that I am a holder here, however, I offload some earlier because I was exceeding my risk discipline. Now, I am holing what I can afford to lose!
In contrast to most of you who are waiting to 'BANK' on the release of the RNS, I got positioned and added when it was less than 0.6p (if you think it did not happen maybe you are not that long investor here!!). So whatever percentage of profits you wish to gain, I got already. So, let's hope Naheed move it, as we are all in the same boat!