Member Info for gustard

My two pence worth as a LTH with a significant holding. LW’s comments are not trolling and are a valid addition to this board.

We can rave on about the company and it’s many potential upsides but the reality is in the price we have before us thus people need to stop thinking they are the sole mouthpiece of the company, conflicting views are welcome.

I thought the hydrogen was already sold to the aluminium company in the Emirates ?

I am a LTH who initially made a quick profit trading the stock however I have reinvested for the long term.

A lot of negativity surrounds this stock from traders and people looking for a quick return, most of this stems from not understanding that most of the delays around the flagship Thar project were down to the politics at play.
The political tide has turned with the change in Government hence Naheeds promotions to the National Coal Board looking at developing Thar and the now balance of payments problem in Stan means the urgency for developing indigenous resources for power irrelevant of political affiliation or will is the need of the country.
However these things don't happen over night, Block VI is a listed CPEC project not a figment of anyone's imagination and the policy and usage of the coal is likely to be diversified to Coal to Gas and Coal to Fertiliser as well and this all needs policy to be developed and a need to be established so a purchase can be made.
Naheed has spoken in detail about this in her quarterly updates and Sheikh Ahmed Bin Dalmook Al Maktoum whom owns 12% of the company alongside many LTHs are more than happy with Naheeds performance.
The timing of Thar as a development project should start from last year and thus the performance so far is a lot better then when it was a stalled project coming up against brick walls, thus people investing now should count themselves very lucky.

The Green Hydrogen project is an amazing bonus when and if it comes to fruition for people like myself whom only invested in Oracle for Thar project alone,
We have to remember that the Sheikh owns 70% of this and he has been investing proportionately thus far including in the lease acquisition taking him over $1 millions dollars so no small change.
The offtake agreement we can expect to be signed in December is very much likely to be thanks to him and will allow the sovereign wealth funds of UAE to purchase from the project .

I can write a lot more but you can DYOR .

https://tribune.com.pk/story/2364426/cpec-thar-coal-project-back-in-spotlight
The project remained on back burner for several years until Prime Minister Shahbaz Sharif recently formed a Committee on coal development to cope with the electricity crisis. CEO of Oracle Power Ms. Naheed Memon was also part of the Committee, which ignited hopes of progress on this massive CPEC project.

When you are part of a committee in the area of your industry formed by the Prime Minister of the country you are operating in then its normally safe to say that you are doing something right and are trying to progress to a position where all will benefit.
This notion that this is a lifestyle company is farcical, the last 12 months has seen an immense erosion in value of major companies around the world---this is what happens when a recession kicks in.

Thyssenkrupp wouldn’t be involved if it was just a pipe dream????

thyssenkrupp is an international group of companies comprising largely independent industrial and technology businesses and employing around 96,000 people. Across 48 countries it generated sales of €41 billion in fiscal 2021/2022.

I have been in this for quite some time with a significant holding , not happy with the dilution but is to be expected.
Thar approval will multibag this (things move slowly in Stan but THAR coal is the saviour of the state atm)
The GH is rolling along at speed and if all goes well with the feasibility studies that Offtake agreement will be signed by year end for millions in revenue.

Compared to other BODs Naheed is justifying her position with significant pieces being added to the jigsaw each time she speaks or albeit reluctantly dilutes the stock .
This is not a lifestyle company where nothing is going on in the background.
More patience and thus not one for the traders looking for an entry and exit in a month.

https://arynews.tv/nepra-makes-use-thar-coal-mandatory-coal-power-plants/

Will be needing more THAR coal --all going in the right direction on a policy level

something Naheed has been alluding to for some time

https://dailytimes.com.pk/1047597/investment-under-cpec-to-reach-62bn-by-2030-report/

We are name checked again in the last paragraph. More than likely will be given the go aheadat the next set of approvals
I have a feeling we may be sold on to fund the Green Hydrogen project.
This really is worth holding and I am looking forward to the next set of news with regards Thar.

https://hydrogen-central.com/germany-launches-first-auction-for-green-hydrogen-imports/

H2 Global is a foundation set up by German industry players such as Siemens Energy, Linde, Nordex or ThyssenKrupp to help the green hydrogen market ramp-up.

Many see this as a pipe dream. The Germans on the other hand are already preparing to purchase.
A lot of pounds being committed. We just need to secure the funding

Will be the big thing very soon

excellent presentation by Naheed--- really impressed by the work being done in the background--as she alludes just waiting on a nod at the top for this to become massive
I think they will develop block 6 not for power but for gas liquid and urea.

Brilliant news. Sheikh has invested approx 1.3million dollars-
This was a critical step. Shows how seriously this is developing

just added a million(979K)
still invested and still accumulating
really is a bargain at these levels

Thar coal is funded via CPEC hopefully once approved
Gold Is a JV to progress to further drilling
Hydrogen is 70% the Sheikh, any raise in my opinion will be to fund our share of the the land lease alluded to in the previous communication however this will put boots on the ground as well so will be positive

patience is needed and not for very long---Naheed memon

my query is regarding Yanzhou, is this not the first mention ?and i have followed this company for quite a while.
anyone else with any info

This is a new development unless I have been short sighted , we had initially partnered with China National Coal Development Company Ltd.
Could somebody with a bit more insight tell me when and how this arrangement with Yanzhou has come about,
we definitely have not had an RNS about it or is this pending JCC tomorrow and potential sign off next week in China.

Looks like we will be getting some movement on This project in the next few days

Hi all

Happy about the RNS, not so the share price
Have a significant holding in this around the 0.3s
Have been in this for more than two years now ---the rerate we all are looking for is related to the coal and the market knows this as well
Naheed and the team should be commended for the diversification of the company from the one trick pony it was --hydrogen wont get priced in for the foreseeable future so we need the Thar coal LOI soon which i believe will happen, more patience is needed for big rewards

looks a buy at that price
timely considering what the federal minister has just said re announcement tomorrow

Is this us??
We are going to launch a 1320 megawatt project in Thar tomorrow,” said Federal Minister for Energy Khurram Dastagir Khan on Wednesday
https://arynews.tv/17-mln-consumers-being-given-relief-fuel-adjustment-minister/

Sorry link not working

The total reserves from Thar Coal are more than the combined oil reserves of Saudi Arabia and Iran. The reserves are around 68 times higher than ****stan’s total gas reserves. Compared to this potential the current utilisation of Thar Coal in the total power generation mix is less than 10% which means that there is huge opportunity to expand in this sphere,” explains Amir Iqbal, CEO of Sindh Engro Coal Mining Company.

“That means Thar Coal has the potential to produce approximately 100,000 megawatts of electricity for 200 years – enough to make ****stan self-sufficient in the energy sector.”

https://profit.****stantoday.com.pk/2022/08/21/going-the-thar-route/

https://www.dawn.com/news/1703063

Thar coal is being utilised. Our block just needs the go ahead. Due imminently. Stop spouting rubbish. If you can’t be patient with this stock, sell up and jog on.