Member Info for GingerHippo

Because i choose to.

You really do not have to be warren buffett to see what's happening with this company. A teeny tiny amount of common sense will do it.

I've noticed that idiots always point at suspected motives. They never address the facts presented. Cos they can't.

But sure, it'll all happen tomorrow, right...?! Come off it

Part 2, cos there's been so many:

May 2023 – Thar 1.32 GW coal plant MoU with Govt of Sindh, K-Electric & PowerChina (12-month term; KE could be sole offtaker).

Framed as a pathway to a direct PPA; later interims still described it as an MoU with “ongoing discussions,” and no binding PPA/LOS/FC was announced.

Apr 2023 – 1 GW Thar Solar cooperation with PowerChina.

Promised feasibility/financing support; no RNS since then has announced a PPA, financing close or construction start for that specific solar park.

2023–25 – Green hydrogen & 1.3 GW hybrid renewables (solar/wind/storage) for GH project.

Company secured an environmental NOC and LOI extension for the 1.3 GW renewables plant—good stepping stones—but still no disclosed FID/financing/contracted offtake as of the 2024 interims and 2025 finals.

(Older) 2010–11 – Joint Development Agreement with Karachi Electric Supply Company flagged in results narrative.

Early off-take pathway that ultimately didn’t translate into a built mine-mouth plant or PPA.

Actually, Spud, nothing has happened since then. That's the point. Oh, lots of announcements of things being close, but nothing ever materialising.

I asked AI to summarise the near misses. Take a look:

Here’s a tight, RNS-only “didn’t-ultimately-happen” list for Oracle Power (ORCP). Each item: what sounded close, and what (didn’t) follow, based on later RNS/updates up to 28 Aug 2025.

Jun 2016 – “Shareholders Framework Agreement” (70% Chinese equity; Sinosure-backed debt; EPC to be finalised).

Read as near-term step to definitive shareholder/EPC deals. No later RNS ever announced binding shareholder/EPC contracts from that 2016 framework; the partner mix was reshuffled in 2017–18 and again in 2019–20.

Nov 2017 – “Submission of Power Plant Proposal” with PPIB; LOI expected within ~3 months; MoU to be signed “this month”.

Follow-on RNS in Mar 2018 talked about PPIB approval and the issue of LOI/NTP and said definitive agreements/EPC were expected in Q2 2018—yet no financial close or EPC signing was ever announced; by Dec 2018 the lead Chinese partner changed.

Dec 2018 – New MoU: Beijing Jingneng to be majority owner; Oracle keeps ~12%; PowerChina in consortium.

Touted as a reset towards FC in 2018/19, but within a year the structure changed again, culminating in a new consortium in early 2020.

Mar 2020 – Government of Sindh letter; LOI “shortly” to be applied for; JIA & Shareholders Agreement expected at next JCC or Chinese state visit (mid-2020).

Sounded imminent; no subsequent RNS reported those agreements being signed, nor a new LOI issued to the CNCDC/HH Al Maktoum consortium.

Feb 2020 – Consortium Agreement with CNCDC (China Coal’s development arm) & HH Sheikh Ahmed Al Maktoum; CNCDC to source Chinese bank debt.

A major-sounding step; still no RNS since then announcing PPA, LOS, construction start or financing close for the 1,320 MW coal plant.

CPEC “Priority Project” status trumpeted (2017) and later inclusion for coal-to-gas/urea (Nov 2019).

Both sounded catalytic. Years on, project remained without FC/PPA; even GEM’s 2025 snapshot shows it repeatedly “under review/candidate” rather than committed.

Oct 2021 – Green Hydrogen “Co-operation Agreement” with PowerChina (target: 400 MW plant; ~150,000 kg/day; pre-feasibility due Q4-21).

Kicked off the GH push; subsequent RNSs showed studies/moUs but no binding offtake or FID announced.

Feb 2023 – Green Hydrogen offtake MoU with Emirates Global Aluminium (intended to become binding at COP28, late-2023).

Big-name counterparty and a target date, but there’s no later RNS confirming a binding offtake executed.

People writing on here that there's a potential buyer for Thar coal. Really? What would an RNS confirming that look like exactly? Something like this:

We signed a Shareholders Framework Agreement subject to conditions precedent, with new and existing Chinese partners . Under this Agreement, it is proposed that the Chinese partners will take a 70% equity interest in the project and will act as Engineering, Procurement and Construction (EPC) contractors for the mine and the power plant. We are now working towards finalising a Shareholder Agreement and details of EPC contracts for both the mine and the power plant.

Sounds good, doesn't it? Only problem, that was written almost a decade ago. 99% decline later and here we are.......

Looks like some stock manipulators are going for another pump and dump here. Beware.

It’s not even a joke. To keep saying this price is a bargain for the better part of a decade while the share price goes down 99% is pure insanity. Complete departure from reality.

Because it's better than selling for an even lower price later on.

See, this is your problem. You won't sell at a loss because that would solidify your mistake. Instead, you keep ignoring reality and averaging down in the hope that you haven't made a mistake and you'll be laughing in the end. You really think the 99.9% loss the company has made so far is just a blip.

So you're literally losing more and more money because you are too stubborn to admit you made a mistake.

And worse, you try to drag others down with you.

StockMaiden, you wouldn't know smart money if it diluted your holding by 20% every quarter!!

Takeachance, the last placing was 4 months ago at .018. The next one will almost certainly be for 20% less than today's.

Come on now. Stop pretending you don't see the trend here.

In case anyone's still in doubt, the company's cash burn is about £100K a month. So the next placing will be around about January 2026, no doubt for around .011p.

The rampers are convinced this will come good before then. But it doesn't take that much research to see that Thar is dead, GH is shelved and NZ is worthless. DYOR

"No that the placing is out the way, the only way is up."

StockMaiden, how many times can they fool you with the same trick?

Seriously. I want to know.

This is pure insanity.

StockMaiden, I had to do a double take to make sure I was on the right board.

It’s bad enough that you spout this nonsense on the ORCP board. Don’t go round spreading that absolute garbage elsewhere. ORCP is going nowhere but down, with the odd little spike to keep people like you in perpetual hope that one day your useless ceo will be able to pull off any sort of deal.

I never cross ramp, but since you’re here I’ll say this. IMO you’d be much better off selling out if ORCP entirely and investing it all in Eua instead.

Not investment advice. DYOR.

That implies that the green boxes know something.

In reality they know nothing.

Completely nuts. The results were entirely in line with the recent analyst research note, hence they have reiterated their guidance of 80p.

It's worth reading as it explains in detail why they expect net profits to fall in 2025 despite revenue rising. Beyond that they expect significant growth, up to 7.6p EPS in 2027. That's a forward PE of just over 3 from the share price right now, if you are OK with waiting 2-3 years.

Someone explain this to me:

WPP updates the market with a decline of -5.5% to -6.0% in Q2 which is below expectations. Share price down 17%

FIN reports an increase in revenue of approximately 16% and expect to significantly accelerate sales growth and increase profitability in the medium term. Share price down 17%

Make that make sense.

These results were exactly as expected, as seen in the latest analyst report. This is a very weird reaction. I topped up.

I guess that's a no.

Good luck with it.