Member Info for F1Driver

Resource value to us $1.5bn USD.

On 10% NPV our mcap (given Fully funded field works) should be £111m

Deal on these terms with a free carry. Crazy to think explorers that dont even have any confirmed Gold are sat at £40-50m in some cases.

OMI have gold and they are at £80m mcap, but they dont have a deal like this.

We have both!!

So

10% NPV is pretty standard at this sort of stage. I used $1.5bn not $1.8bn and came up with a value of £111m.

I think a speedy re-rate to £50-70m is on.

Twice today.

Given Thar and other projects this is crazy low mcap.

Bullied as a kid werent ya Chris..explains your insecurity

10% of $15bn worth of Gold. So $1.5bn to us.

FULLY FUNDED PROGRAM

Should really be 10% NPV now fully funded

$150m mcap = £111m mcap

Current mcap = £9.5m

Gift horse and all that!!

Put in "ORCP Share Price"

Then change it to the 5D view and look at that beautiful chart and predict where it is going.

No one is trading it for 30 min chance based on some deramping loser.

GFY son. You are obviously a paid deramper with your crooked friends.

Looking at SA the kast company that got an MR post an EEP took 3 years.

URU got their EEP this year.

Good luck with the wait

Topped up. Rest assured this will re rate.

Re rate just started.

£50m mcap coming very fast

Exactly stockmaiden

Thanks Jolly. Be well fella

DYOR son. You dont get to come here deramp and play the victim and ask questions.

Without THAR as well

10% of $15bn worth of Gold. So $1.5bn to us.

FULLY FUNDED PROGRAM

Should really be 10% NPV now fully funded

$150m mcap = £111m mcap

Current mcap = £11.4m

BOOOM!!!

Do not respond to their threads.

Do not let them drown out the good news

Naheed Memon, CEO of Oracle, commented:

"This is an outstanding deal for Oracle as it accelerates the mining of prospective gold deposits and removes the funding requirements on Oracle whilst providing a share of potential profits at our Northern Zone Kalgoorlie Gold Project. MEGA are aiming to have their mining team on site early next year. Further details of the partnership's plans will be made available to shareholders closer to breaking ground. We plan to continue our drilling efforts on the shallower gold mineralisation and expand on the gold zones already identified. Oracle is highly optimistic for the long-term future of this project."