Member Info for IDBuzz

You have a long history here B11, I don't doubt like others you have held here, and at one stage or other believed it could be successful (I could be wrong of course).

I'm underwater, though I accept this maybe for sometime and that's OK,. I only invest what I am prepared to lose (I might add, I do hope to gain, ultimately it's why we all invest).

You and I cannot control the SP, I don't shout from the rooftops nor do I shout it down either. The facts are there if research is done, and you either believe the assets they have are worth investing in or you don't. You call it for what you perceive it to be a "Pump & Dump share" due to years of decline, but surely you can see value in the Northern Project which in my opinion values the business more than todays SP. If you disagree, could you share evidence as to why that particular project won't add value to all shareholders?

I am in no uncertain terms saying ORCP will stay on this journey to the end with Riversgold, but they will see value from the assets they have. I welcome your thoughts.

SV, more drivel I see, On the 18th December, you bought into this so called "lifestyle Company":

ScarletVixen

Posted in: ORCP

Posts: 5,164

Price: 0.0255

No Opinion

I assume you've sold given the noise you create about this company?

For the record, these are your posts post the repricing of the warrants:

13 Dec 2024 16:06

I will wait until 18/12 re rns

"Before i decide to buy in again"

18 Dec 2024 17:33

Back in again bought early pm

"Let’s see where this goes"

Financial Position

As of 30 June 2024, Oracle Power had £528,464 in cash. Since then:

• In November 2024, it raised £150,000 through a subscription with a single investor.

• In December 2024, it brought in £416,667 by repricing and exercising a portion of its warrants.

That’s over £566,000 raised in the second half of 2024 alone. It’s more than enough to cover the company’s current low burn rate, especially considering where its projects are in their respective cycles.

On Warrants

There are 613 million outstanding warrants, previously priced between 0.07p and 0.17p. These were repriced in December 2024, reducing the range by 21.9%, which means they now sit somewhere between 0.055p and 0.133p.

The key point here is that the current share price is still below 0.055p. So exercising these warrants right now would mean paying more than the market price — which makes no financial sense. They’re not being exercised, and they’re not funding anything at this stage.

Where Are the Big Costs?

This idea that Oracle is burning through cash across multiple projects also needs a bit of context:

1. Northern Zone Gold Project (WA)

Riversgold has now exercised its option and taken an 80% stake in the project. They’re managing and funding the work going forward. Oracle retains a 20% free carry — so there are no development costs coming out of Oracle’s pocket here.

2. 1.3 GW Renewable Energy Project (Pakistan)

Oracle has secured the $600,000 bank guarantee required to move forward. That’s an important milestone and shows the company’s commitment, but again — this is still in pre-construction. No capex-heavy work is underway yet, and any real development will likely be funded through joint ventures or project finance, not the AIM market.

3. Blue Rock Valley (WA)

Still in early exploration. Gravity targets have been identified, and further work is planned, but it’s a staged process and isn’t capital intensive right now.

Management and Overheads

Management remuneration is publicly disclosed and modest. This isn’t a case of funds being siphoned off through salaries — if anything, it’s the opposite. The team has been careful, patient, and strategic with capital.

So, is a placing inevitable? No. That’s just your opinion dressed up as fact. Could they raise more down the line? Possibly ,but only if it aligns with progressing a project that’s ready for the next phase. Right now, there’s no urgent funding requirement, no sign in the RNSs, and no pressure based on the company’s financial position.

Let’s stick to what’s in the accounts and updates, not conspiracy theories. The numbers and strategy tell a very different story.

WOS, Stock really has gotten under your skin , so much so you feel coming here gives you some kind of balance.

Sad really.

Scarlett Vixen, how is your holding in the company you despise so much.

More noise, more drivel, zero credibly!

A lot of noise WiseOwlSpeak, especially around the idea that a placing is “certain and soon.” That might make for an eye-catching post, but it doesn’t hold up when you actually look at the facts.

Financial Position

As of 30 June 2024, Oracle Power had £528,464 in cash. Since then:

• In November 2024, it raised £150,000 through a subscription with a single investor.

• In December 2024, it brought in £416,667 by repricing and exercising a portion of its warrants.

That’s over £566,000 raised in the second half of 2024 alone. It’s more than enough to cover the company’s current low burn rate, especially considering where its projects are in their respective cycles.

On Warrants

There are 613 million outstanding warrants, previously priced between 0.07p and 0.17p. These were repriced in December 2024, reducing the range by 21.9%, which means they now sit somewhere between 0.055p and 0.133p.

The key point here is that the current share price is still below 0.055p. So exercising these warrants right now would mean paying more than the market price — which makes no financial sense. They’re not being exercised, and they’re not funding anything at this stage.

Where Are the Big Costs?

This idea that Oracle is burning through cash across multiple projects also needs a bit of context:

1. Northern Zone Gold Project (WA)

Riversgold has now exercised its option and taken an 80% stake in the project. They’re managing and funding the work going forward. Oracle retains a 20% free carry — so there are no development costs coming out of Oracle’s pocket here.

2. 1.3 GW Renewable Energy Project (Pakistan)

Oracle has secured the $600,000 bank guarantee required to move forward. That’s an important milestone and shows the company’s commitment, but again — this is still in pre-construction. No capex-heavy work is underway yet, and any real development will likely be funded through joint ventures or project finance, not the AIM market.

3. Blue Rock Valley (WA)

Still in early exploration. Gravity targets have been identified, and further work is planned, but it’s a staged process and isn’t capital intensive right now.

Management and Overheads

Management remuneration is publicly disclosed and modest. This isn’t a case of funds being siphoned off through salaries — if anything, it’s the opposite. The team has been careful, patient, and strategic with capital.

So, is a placing inevitable? No. That’s just your opinion dressed up as fact. Could they raise more down the line? Possibly ,but only if it aligns with progressing a project that’s ready for the next phase. Right now, there’s no urgent funding requirement, no sign in the RNSs, and no pressure based on the company’s financial position.

Let’s stick to what’s in the accounts and updates, not conspiracy theories. The numbers and strategy tell a very different story.

You offer no insight, no research, just noise.

Financials:

Total Cash Position (as of June 30, 2024): £528,464

November 2024: Raised £150,000 through a subscription with a single investor.

December 2024:Repriced and exercised warrants, reducing the exercise price by 21.9%, raising £416,667.

613,544,706 outstanding warrants had exercise prices ranging from 0.07p to 0.17p per share before the 21.9% reduction.

To determine the new repriced exercise range after applying the 21.9% reduction:

0.07p reduced by 21.9% → 0.0547p

0.17p reduced by 21.9% → 0.1328p

Best guess the new exercise price range for the outstanding warrants should be approximately 0.055p to 0.133p per share. Since the current share price today is lower than the cheapest warrant price of 0.055p, it wouldn't make financial sense to use the warrants right now. Exercising a warrant means you'd be paying more for the shares than what they’re currently worth, leading to an immediate loss.

Potential of Northern Zone (my opinion)

Ownership & Structure:

-Riversgold owns 80% of the Northern Zone Gold Project.

-Oracle Power retains a 20% free-carried interest until a decision to mine is made.

-Riversgold is currently responsible for 100% of exploration and development costs, including drilling and mining lease applications.

Geology & Exploration

The Northern Zone hosts a large porphyry-style gold system located ~25 km east of Kalgoorlie, WA.

Exploration target: 200–250 million tonnes @ 0.4–0.6 g/t Au, equating to 2.5–4.8 Moz Au.

Drilling results to date include:

-7m @ 3.62 g/t from 39m (incl. 1m @ 12.10 g/t)

-5m @ 4.37 g/t from 37m (incl. 1m @ 15.13 g/t)

-Broader lower-grade zones of 15–21m @ 0.5–0.75 g/t Au

These results demonstrate both high-grade pods and bulk-tonnage potential, comparable to low-grade, large-scale deposits such as Apollo Hill.

The Northern Zone is shaping up as a potential multi-million-ounce gold system with a combination of:

-Shallow, high-grade mineralisation

-Large low-grade envelopes suitable for bulk mining and heap leach processing

-Proximity to Kalgoorlie and nearby operators (e.g. Black Cat Syndicate) may offer toll treatment options.

-Should a resource be defined and expanded, the project could underpin a standalone operation or JV with a regional producer.

Key data—such as drill results, the mining lease application, and timelines—were sourced directly from ASX releases and the company’s website.

-The mining lease application (M25/389) submitted in December 2024.

-The Section 29 closing date on 29 May 2025.

-Drilling results (e.g. 7m @ 3.62 g/t Au, 5m @ 4.37 g/t Au) from the March–April 2025 announcements.

-The stated exploration target (200–250 Mt @ 0.4–0.6 g/t Au) and ongoing efforts to build a resource model.

Public Peer Comparisons

-The comparison to Saturn Metals’ Apollo Hill Project is valid and reflects:

-A similar geological and grade profile.

-A comparable stage in early development (for Apollo a few years ago vs Northern Zone now).

-Riversgold itself uses Apollo Hill as a reference model in its market commentary.

Reasoned Assumptions

Projected reasonable timelines based on industry-standard workflows:

-Time from drilling to Leapfrog modelling (usually 1–2 months).

-Time to define, peer-review, and publish a compliant JORC MRE (3–4 months). That’s how I arrived at Q3–Q4 2025 for a likely MRE release.

Projected Timeline

Milestone Expected Timing

Mining Lease Application lodged December 2024

Section 29 Native Title Close 29 May 2025

Completion of current drilling Q2 2025

Updated geological model Q2–Q3 2025

First Mineral Resource Estimate (MRE) Q3–Q4 2025 (likely by October–November)

Potential d

You're desperate to keep the negative header in place as opposed to responding to my thread.

You have nothing of value to add, your only objective was to spout nonsense in retaliation to an investor who frequents MATD.

I'll happily engage with you on a share I am invested in, one that I have undertaken research on and sit comfortably with.

I will not speculate, everything I have shared to date or responded to, like yourself are facts or as close to the facts that research will allow.

Best of luck to you in your investments WOS. You never know I may undertake some research in MATD, could be worth investing on the basis you're passionate about it.

Let's keep this as a heading for you specifically as people can see you for what you're.

You fundamentally understand what the company does, let's establish this first before you continue to spout drivel.

Show me evidence that this is a "lifestyle" company.

Here's a little research for you, to help you on your way. It may even sway you to invest. As I have now placed you firmly in the bucket with Scarlett Vixen and Sharebel who invested post repricing of the warrants , you may wish to do the same.

ORCP

Financials:

Total Cash Position (as of June 30, 2024): £528,464

November 2024: Raised £150,000 through a subscription with a single investor.

December 2024:Repriced and exercised warrants, reducing the exercise price by 21.9%, raising £416,667.

613,544,706 outstanding warrants had exercise prices ranging from 0.07p to 0.17p per share before the 21.9% reduction.

To determine the new repriced exercise range after applying the 21.9% reduction:

0.07p reduced by 21.9% → 0.0547p

0.17p reduced by 21.9% → 0.1328p

Best guess the new exercise price range for the outstanding warrants should be approximately 0.055p to 0.133p per share. Since the current share price today is lower than the cheapest warrant price of 0.055p, it wouldn't make financial sense to use the warrants right now. Exercising a warrant means you'd be paying more for the shares than what they’re currently worth, leading to an immediate loss.

Projects

Northern Zone Gold Project, Western Australia:

Riversgold has exercised its option to acquire an 80% interest in the Northern Zone Gold Project. This means that Riversgold is now responsible for funding and managing the project's development. Oracle Power retains a 20% interest in the project.

1.3 GW renewable energy project in Sindh, Pakistan:

The company confirmed that it has secured the $600,000 bank guarantee needed for its 1.3 GW renewable energy project in Sindh, Pakistan. With this guarantee in place, the company is demonstrating its commitment to pushing forward with the project, which supports Pakistan’s shift towards renewable energy.

Blue Rock Valley Copper and Silver Project, Western Australia:

Objective: Exploration of copper and silver mineralization.

Status: Multiple gravity targets have been identified, with further exploration planned

Unfortunately you're showing everyone how petty you're.

You know nothing about the company, aside from reference to an RNS last year. Let's not do any research but throw things out there because we don't like another investor who frequents the MATD board.

Over 8000 posts , some might think you were credible before you became the very person you despise. Well Done You!

And yet you respond, do you still hold, it's a simple question. Your credibility is shot regardless as your posting history shows you did..... AFTER the repricing of the warrants...... Comedy hour.

Brilliant, literally dozens of companies exist with billions of shares in issue but you choose to come on here.....

QBT - 1.47 Billion for one KoolKat.

So you've sold your holding SV, may I ask why you wish to frequent this board with your drivel given that you bought in post repricing of the warrants?

If you've sold then please do enlighten us all why you seem to return. Please spare me the "I will save you all" or "boards are for discussing companies" , you add zero value.

You're still holding though Sharebel? You never did disclose whether you sold or held onto them, both you and Scarlet Vixen seem to evade this for some reason but both held at some stage. You ramped this unmercifully, SV bless bought in after the warrant pricing but will have everyone believe the company is toxic, again has he/she sold?

Reporting for those that haven't a clue.

Total Cash Position (as of June 30, 2024): £528,464

November 2024: Raised £150,000 through a subscription with a single investor.

December 2024:Repriced and exercised warrants, reducing the exercise price by 21.9%, raising £416,667.

613,544,706 outstanding warrants had exercise prices ranging from 0.07p to 0.17p per share before the 21.9% reduction.

To determine the new repriced exercise range after applying the 21.9% reduction:

0.07p reduced by 21.9% → 0.0547p

0.17p reduced by 21.9% → 0.1328p

Best guess the new exercise price range for the outstanding warrants should be approximately 0.055p to 0.133p per share. Since the current share price today is lower than the cheapest warrant price of 0.055p, it wouldn't make financial sense to use the warrants right now. Exercising a warrant means you'd be paying more for the shares than what they’re currently worth, leading to an immediate loss.

Riversgold has exercised its option to acquire an 80% interest in the Northern Zone Gold Project. This means that Riversgold is now responsible for funding and managing the project's development. Oracle Power retains a 20% interest in the project.

The company confirmed that it has secured the $600,000 bank guarantee needed for its 1.3 GW renewable energy project in Sindh, Pakistan. With this guarantee in place, the company is demonstrating its commitment to pushing forward with the project, which supports Pakistan’s shift towards renewable energy.

Financial Activities

• December 2024: Oracle Power repriced and exercised outstanding warrants, reducing the exercise price by approximately 21.9%, resulting in gross proceeds of £416,667. These funds are allocated to project developments in Australia, the green hydrogen initiative in Pakistan, and general working capital. 

• November 2024: The company raised £150,000 through a subscription with a single investor to support its global projects and provide additional working capital.