RE: NotAmused19 Nov 2019 08:21
"It gives me great pleasure to advise our shareholders of this latest development. We believe that this demonstrates that our project is one of the Pakistan Government's primary assets with respect to coal gasification into fertiliser. This initiative has the potential to have a transformational impact on food security in Pakistan and the acknowledgement of Block VI in this regard, alongside its existing prominence as an integrated mine-power plant project, is, in the Board's view, a hallmark moment for Oracle.
The potential scale and opportunity of this development is truly significant, especially given the potential synergies with our ongoing development of coal mine and mine mouth power. Indeed, we believe our Block VI is the only project in Thar which is now supported by CPEC for both power generation and gasification.