Member Info for GingerHippo

You can keep posting, but it is clear to everyone that you are here to troll.

You have no other reason to be here.

I do understand why you're on the sidelines, as I've said several times as well. And I don't care if you disagree with my approach. But people waiting on the sidelines don't post at all, certainly not almost every day. You post like a troll, even if you can't see that.

Actually I have explained my position several times.

But you are dodging my question. So I'll ask again. Why do you post here almost every day?

More or less what I thought you'd say.

So the obvious question is.......... why on earth are you hanging around penny stocks in the first place? Go to large cap companies who don't have placings.

If you are always concerned about placings you should never buy into any penny stock at all where obviously that is always a risk.

Hence it seems to me, and I'm sure others, that you are not here as an potential investor, but just to keep bothering LTHs which constant negativity. In other words, trolling.

You are on here almost every day posting these long essays when you have no financial incentive to do so. Are you one of those paid trolls I've heard so much about, or do you troll for fun?

LW, to be clear, the reason I dismiss you as a troll is because you seem hellbent to keep going on exclusively about dilution, both past and imagined future. You keep going on and on about it, as if this is the only important thing to consider. It isn't. You continually dismiss all the amazing progress this company has made.

I don't recall you mentioning the progress of the various projects, business developments, or talking positively about the company even once. Coupled with the unusual and suspect nature of an un-invested person spending this amount of time posting online, makes you seem highly untrustworthy.

Maybe if your posts were in any way balanced, I and others wouldn't be so dismissive.

I think there's a good chance that the JDA agreement will include an up front payment as well as ongoing profit share.

I think that's what Naheed meant when she said shareholders will benefit before the construction stage.

When will we get a JDA? Couldn't tell you. Ask a time traveller.....

Nice one.

Make up whatever you want then ask a question on that basis.

"I WAS surprised that...... orcp..... WILL look to the market again" lol. Time travelling troll.......

Https://twitter.com/OraclePowerPlc/status/1666099169575174146?s=20

Bahria, I know some people are distrustful of MOUs, but in reality you can't sign binding agreements until all the elements are in place. So you get MOUs for every aspect of the project that you need, and then, once everything is arranged, you can get binding agreement, most importantly, a JDA.

So, the projects are progressing as expected and MOUs are far from useless documents that huge companies sign without proper DD.

Additionally, some of the MOUs have stated timelines, so we already know that the MOU stage will not drag on for years.

So, while I understand caution in general, here we have something where the writing is on the wall. The market cap is so small that the downside is extremely limited while the upside is massive. So, my view is that I'm filling my boots at these prices confident that before too long now I'll be laughing.

People still on the sidelines until a JDA or financial close is signed certainly have saved themselves from any risk here, but in so doing, they are limiting their potential gains too. That's the choice they're making. That's fine. That's their choice. But like I said yesterday, I really don't understand how anyone looking with a clear head at these developments come to the conclusion that the risk outweighs the reward.

the new budget 2023-24 is likely to feature some major projects for the energy sector. the proposed budget for the sector is over rs102.86 billion.

https://www.samaaenglish.tv/news/40037860/****stan-budget-2023-24-over-rs10286bn-proposed-for-power-sector-projects

Agree with all that, AG.

I wouldn't say I'm surprised by the sp action, but a little surprised that we don't have a lot more PIs in this. Just lack of awareness I think.

As I said on Twitter the other day, I'm not sure how to raise PI awareness without annoying people with cross-ramping. But tbh that's not really my job, we've engaged a PR firm. They should be doing it.

(Sorry if you don't like me talking about it, but) considering today's news and the overwhelming number of buys versus sells, the fact that the share price seems to have gone down late today is IMV further indication of sp manipulation which, as I've said previously, could be indicative of some parties trying to keep the price low on a company they know will take off massively at some point.

LTH, please hold back the condescension. I know how it works. My post is not shock. I’m just pointing it out so ppl can see how overwhelming buys are to sells. Ok?

My buy was yet again shown as a sell.

You can't trust what's reported on the trades. Look like almost entirely buys to me for a number of days in a row.

Anyway, that's me all topped up for now. The market will wake up at some point.

Well this is exciting.

We now have two huge companies that want our hydrogen. They can't both have it. Hence we will get a good price for what we sell. Will certainly impact our negotiations with EGA.

And if this all goes to plan, presumably this will not be the only hydrogen power project we initiate. There's clearly a lot of demand.

So, while I'm not sure about getting to £1 a share, you do have to bear in mind that there's a difference between a fair market cap for the projects we currently have (already way more than £4.5M) , and the potential market cap for a company that demonstrates its ability to initiate huge projects and take them to JDA, a process that can be replicated many times over.

The new CEO of steel and industrial group Thyssenkrupp, Miguel López, on his first day on the job, gave the company a key role in shaping the green transformation. "Our technologies offer tremendous potential for this"

Among other things, the company wants to convert its steelmaking operations to be climate-neutral. There are also plans for the Borsengang of subsidiary Nucera, which specializes in the construction of hydrogen electrolysers.

https://www.marketscreener.com/quote/stock/THYSSENKRUPP-AG-436698/news/New-thyssenkrupp-CEO-Key-role-in-green-transformation-44015712/

What they plan for steel, EGA plan for aluminium.

Sales of Green Ammonia Market Poised to Expand at a Stupendous CAGR of 71.7% between 2023 and 2032

Several globally established green ammonia companies, including.... ThyssenKrupp (Germany)....... lead the green ammonia market.

https://www.fmiblog.com/2023/06/01/sales-of-green-ammonia-market-poised-to-expand-at-a-stupendous-cagr-of-71-7-between-2023-and-2032/

It goes on to say "The project was envisioned to be at the Thar Block VI, and the parties have agreed to evaluate its possible relocation to Port Qasim subject to technical, commercial and timely development considerations."

So, I think the headline is jumping the gun a bit.

K-Electric (KE) and M/s Oracle Power PLC have indicated their intent to relocate Thar coal-based 1320-MW plant, for offtake by K-Electric seeking assistance from Minister for Planning, Development and Special Initiatives Ahsan Iqbal.

https://www.brecorder.com/news/40245581/ke-oracle-power-intent-to-relocate-thar-coal-based-plant

Not sure how reliable this is. Maybe the journalist understood they we are relocating but actually we're still considering our options. It seems far too quick to have reached a decision already.

My buy this morning is again shown as a sell.

Yes today's news is great.

Another 120 or so boepd for us.

Maria sale although delayed will be very profitable for us. The fact that Quattro have already done work on the license they don't yet own is a very good sign indeed.

But obviously Jamaica is the biggee here. Indicative offers due this month, although I doubt we'll be told about them at this stage. They would probably only RNS firm offers made, or maybe just the final deal. So just need to trust the team that things are progressing even though we may hear little to nothing about it.

I know the focus today is all on hydrogen, but we're still getting attention for our Thar project.

https://energycentral.com/news/k-electric-build-2%C3%97660-mw-thar-coal-fired-power-project

"These plans are further complemented by our comprehensive investment plan of PKR 484 billion"

That's c $1.7Bn. The implication here being that some of that investment money is coming our way. How much? Come back in 11 months to find out.....