Member Info for GingerHippo

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@Louisiana, I'll take that apology now. Whenever you're ready.....

I know you're still reading my posts with your other user name.....

And while you're at it you can apologise to the people you suckered into losing 70% of their investment in 5 weeks.

Oh I see. Your posts don't influence the share price but mine do? So you're on the side of good and I'm on the side of evil?

You're ridiculous! You've suckered people into losing over 70% of their money in 5 weeks and you are not sorry, not one little bit.

To give my view on a topic I find interesting.

You're insistence that everyone here must want to buy and "derampers" just want in cheaper is ridiculous. You seem oblivious by how much damage you have caused and are continuing to cause.

Vagabond: "No one is misleading anyone here. All I am posting is according to my view. No one should invest listening to bb."

Also Vagabond: "Why should we tolerate people coming here to deter others from buying"

So rampers's intentions are pure and they're just giving a view, but derampers are evil and trying to make newbies lose money....?! You've got this horribly wrong.

Let me ask you, why should the sensible people tolerate people coming here to encourage other to buy a rubbish stock?

Seriously, you're so convinced you're right that your only concern is that newbies might not buy. You can't even conceive that maybe you've got this one wrong and maybe it's better for newbies to not buy. You're the ones who are causing the damage to the naïve (down 70% in just over a month), not the so called "derampers". Shameful.

Many newbies will be FOMO'd into buying ....if they read and believed every rampy filled post.

Seriously, this was a P&D and despite the share price going down week on week some of you guys still think another 200% day is coming any day and are still blaming the decline on MMs or traders, rather than face the reality of this company's situation. If you're going to blame anyone, blame the rampers who pumped this and have since disappeared. But it's too hard because you were triggered into shouting at the few sensible people who were pointing out the issues and now you can't change your minds.

Way to abuse Buffett quotes. If you know anything about Buffett you'd know that he wouldn't invest in something like this in a million years.

What is the present value of all future cash flow from this company? Don't know? Then it's not in your circle of competence and it should go on the "too hard" pile. Don't try to jump over a ten foot gap, jump over ten one-foot gaps.

The delusion continues to be shocking. Still no acknowledgement from some that the recent rise was a textbook P&D and nothing more. But insisting that it's good performance, to the extent of poking fund at a mature investor who prefers an 18% that he gets to keep, over a 150% rise that is gone a month later.

Of course it's hard to admit it was a P&D having spent all that effort having a go at the people who were calling it a P&D from the start. Louisiana has gone oddly quiet... (ie they've stopped posting from that account).

A shareholder in the stock that's down 99.84% since IPO laughing at someone with a decent return on a diversified portfolio is what's laughable.

Just be wary of pumpers who a month ago were saying that 0.05 was a steal.

"I can't find anything as of today on anything beyond this."

My point exactly.

NZ - a mining license isn't a big deal. A DFS may be but that's years away if ever. Reading into ORCP's intentions behind applying for a mining license is not sensible. Of course ORCP wants to project confidence in the asset.

You've made some assumptions about costs here which tbh, you can't possibly make. They haven't even got an MRE, let alone an economic assessment or DFS. You also seem to have missed out the cost of the mine construction and any attempt at a NPV. TBF, you can't calculate the NPV because we don't have anywhere near enough information.

GH - the MOU was NOT a major step forward because it never turned into a binding agreement. That's the whole point.

What you seem to not be appreciating is that the company does not appear to be any better placed to conclude any of these deals now than they were years ago. You're seeing positive murmurings and think that's a recent development. It isn't. Positive murmurs have been around for years. If you read my posts from a few years ago, they read very similar to yours today. But so far the only deal she has concluded was the terrible one of selling 80% of NZ for less than she paid for it a year earlier, which she funded by a placing at over 1p.

Without going into a whole long post again,

1) I've addressed that. If she can't get good deals (and so far she hasn't) the business model is flawed.

2) NZ is worthless imo. Grades are far too low.

3) The Sheikh owns most of the GH project directly so doesn't care much for ORCP as a business. In fact it actually could actually benefit him if ORCP went under as he might be able to keep the whole project. The Chinese have no interest in ORCP as a business either.

3) "Even if we keep..." is a dangerous way of thinking. It's entirely speculative. As of now there isn't anything to keep a percentage of.

4) You're right that it's not dead. But that's not exactly a great investment thesis.

5) Diversification as a concept is being misused here. Failing in 4 projects isn't better than failing in one just because the failure is diversified.

JP, I invested here after doing a tonne of research (much of it posted here if you look back a few years), and lost a fair bit of money, so when people say just do the research and you'll be fine, unfortunately that is not correct. Or, to be more specific, there's research that useful for investing decisions and research that is interesting but not useful for investing decisions.

When I invested I was warned that the share price had gone down over 95% since listing. I ignored it for the same reason you wrote, that it's the future that counts not the past. What I did not appreciate back then was that although in theory the past doesn't affect the future, in practice the past does indicate what the future will likely look like, because the same factors are in play. Now the sp has gone 98% since then (overall it's down 99.8% since listing) and there's no indication that anything has changed.

I sold out because of two things. One is the RNS https://www.lse.co.uk/rns/ORCP/green-hydrogen-project-offtake-mou-p626t7y766toiot.html that said they expected to sign an offtake agreement in December last year. That didn't happen and not a word has been said about it. Instead they appear to be distracting investors with lots of updates about NZ, which is my second reason. NZ is almost certainly worthless because the grades are below what is normally economically viable to mine. It doesn't matter how much gold there is if the grades are so low that it will cost too much to mine and process it. She did placings at over 1p and all the way down to fund NZ and then effectively sold 80% for less than she spent on it. So, the idea that ORCP is a project development company was shattered in my eyes. If she can't get a decent deal on a small asset against a small company, how on earth will she get a good deal for the much larger GH project against billion dollar companies, (if it ever gets that far)?

So I've learned that research can't just be about the size and potential of the projects, but financing and the effect this has of the share price. If anyone invested £10,000 at IPO on the basis that Thar is huge they have £20 now. Suppose Thar works out in the end, and it turns out they were right after all and Thar goes ahead and id huge, will they be pleased with themselves? The sp would need to be 500 bags from here just for them to break even. So you might think, well good job I didn't invest back then, I'll invest now and get the full rewards. But it doesn't look like anything has actually changed, so imo it's likely that anyone investing now is still way too early (at best) and will suffer from so much dilution that even if the projects do work out in the end, they still won't make much if anything.

It is of course just possible that GH will be financed soon and nebwie investors will do well. I'm not a prophet so I can't say anything for sure. But based on the information to hand as of today, I would consider that a fluke, not a solid investment decis

The thing is, JP, having a high risk tolerance doesn't make this a better investment. Nobody who had a high risk tolerance 5 years ago is happy with a decline of 98%. I think this kind of thinking causes PIs to lose so much money.

"Everyone Has A Plan Until They Get Punched in The Mouth" Mike Tyson

Thanks ChatGPT.

It's good to look at both sides. But bear in mind that not all the points raised here are equally important. EG, negative point 8 could completely override all the positives raised.

StockMaiden, if you keep filtering people who explain it, you will continue to not understand.

"This share wouldn't have been trading at these levels if Naheed had not renegotiated the warrants price in the first place."

The company needed cash and dilution is the only way to raise it. It has to be at a discount or institutions won't touch it.

Every dilution lowers the share price because it lowers the potential return on investment. The problem here is not the potential of the GH or Thar projects and never has been (NZ is worthless but a separate story). The problem is that the longer it takes to complete them the more dilution there has to be. If anyone times this right and buys in just before financing is done on either project they'll do very well. But anyone who gets in too early will be diluted so much that they won't benefit from them. GH has been going 4 years, Thar more than 10, and neither look like they'll finish financing any time soon, so the question is, how much dilution will there be between now and financial close (if they ever happen)?

Every fundraise lowers the potential return until the point we're at now, where even if the share did 50 bags from here it still wouldn't give any profit to anyone caught on the 2020 spike to 1.6p. If this continues another 4 years, we'll be saying the same things about the recent spike to 0.06p.

"come on the amount of the find is simply staggering"

You still have not done proper research into this, so you keep accusing MMs of illegal manipulation, rather than consider that you may have misunderstood the value of NZ because you keep treating an exploration target as an MRE, and ignore the poor quality of the grades.

Guys can't understand why the sp isn't going up on these updates, then hurl abuse at anyone who explains it until they stop posting, and then they continue to be baffled why the sp isn't going up....