Member Info for ifiknewidberich9

RNA message news updates, could arrive over the rns news wire, on multiple fronts anytime of day.........GLALTH

Prefer the document/words (RNA) over the machine storage, rns just one origin source for London RNA's but like all good little wires , relays the rest under its one up serial numbers .........

Also from MAS statement last Wednesday....

The CM said that the provincial government was actively forging partnerships with Chinese companies to develop wind-solar hybrid energy projects, including a 350MW and a 75MW initiative, which were finalised during President Asif Ali Zardari’s recent visit to China. He said that the 2022 floods served as a stark reminder of our vulnerability. “The Sindh Solar project is a crucial step towards energy independence, enabling families to power their lives, children to study, and businesses to thrive, even in the face of adversity. We are building a more resilient and sustainable Sindh,” he added.

(orcp also have hybrid solar, wind , Hydrogen plans in Sindh)

Our biggest local backer , MAS last Wednesday (not happy with delays in Sindh) todays news might cheer him up 😉😅

KARACHI: Recounting the hurdles faced by the Sindh government in promoting renewable energy and developing the Thar coal project, Chief Minister Syed Murad Ali Shah on Wednesday said that the federal government had continued to prioritise imported coal-based power plants and refused to grant approvals for additional power generation .The chief minister said that the Thar coal project began yielding results in 2018 when Bilawal Bhutto-Zardari personally visited the mining site. “Today, Pakistan’s cheapest electricity is produced from Thar coal, marking a significant milestone for Sindh’s energy sector,” he said.

Despite initial scepticism, Mr Shah noted that those who once doubted Thar coal’s viability were now demanding its increased extraction to convert imported coal power plants to local coal usage. “Additionally, there is growing interest in utilising Thar coal for country’s cement industry as an alternative to expensive imported fuel,” he added. The chief minister said that the provincial government had initiated a renewed push for green energy, but the federal government continued to prioritise imported coal-based power plants, such as those in Sahiwal.

However, he lamented that despite these efforts, federal authorities refused to grant approvals for additional power generation, claiming that Pakistan already had sufficient electricity production. “If that is true,” the CM questioned, “then why does the entire Sindh, including Karachi, still suffer from severe load-shedding?” he asked and asserted that the issue was not a surplus of electricity but rather the federal government’s inability to produce power efficiently. The CM said: “Recognising its potential, the Sindh government is now collaborating with the federal government to lay a dedicated railway line for Thar coal transportation, further strengthening the province’s energy independence.”

Still only good news if we PRODUCE some coal, 15 years in the imminent stage, has to happen one day, RNA update over the rns news wire, would be most welcome to Mr Market after such a long delay........... 👍

And by Major projects, I do not currently include the 20% OZ Gold, could be a bonus EVENTUALLY, or an early cash in.

Much prefer to see the near term revenues start , like actually mining the COAL (15 years of imminent) the advancement of any of the energy projects, Hydrogen , CTL/CTG for near term REAL BUMP and rerate (not P&D placing spikes) ......GLALTH

Lenigas been behind more pump's than the history of the porn industry, classing being the billions of barrels UKOG had underneath Horsehill, conned/// got French Major Maurel Prom to dive in for £6m worth on the open market , causing the historic rise to almost kiss 12p (whole pence not current fractions) Cashed in gave up being ceo and moved on to his next pumpy project. MP discovered the truth and bailed, causing the equally historic, collapse.

Back when fledgling orcp was just oracle coal, with dreams of a coal mine and a deal for a mine mouth power station, the estimate for that progressing was ratings of $200-$250m for our part of the power station option 12%, the PS itself had a rating of $2.5-$3 Billion and a life expectancy of over $80 billion in revenues over its 30 year life cycle.......

It still hangs on the back of the CPEC projects book, orcp have since added projects .............

Coal Mine

Co-located Power Station

Coal to Liquids

Coal to Gas

Urea

Hybrid Solar , wind and Hydrogen

Some Mining assets

1p would be a small minded insult, if any of the Major projects progress........... GLALTH

It always about achievable Market Cap/Value , never sp , old or otherwise....... 🤔

Achievable MC , divided by share base = potential sp

Currently MC £1.85m , so for the non traders, skimmers and scaplers (here for spikes only) do you believe if any of those projects PROGRESS, is orcp worth £25m , £50m , £100m or more, in for the journey , not the spike........investor v investing.........

£18.5m 0.18p

£185m 1.80p

Given the Power station project alone, was rated in the past worth more alone to orcp.......🤔

Like all old sp prices, they are like used toilet paper, worthless, have to be diluted by a factor of each and every placing dilution that follows, the true high of any share is old market cap, rare as rocking horse 💩 any old sp....... market 101

On the UPside, we are looking BLUE, big day/week coming , or feeling blue by the end of it ? 🤐

Only good if our snail paced BOD, get the mine up and PRODUCING COAL, the mine has been imminent for 15 years, when we crossed 10p YES Whole pence , not fractions........... 🙄🤦‍♂️

Doubt that will happen for a long time , orcp has plans for its own Coal to Gas and Coal to Liquids projects, Pakistan want more for its own Power Stations/Other industries) to replace expensive imports, so exports probably still a distance down the road, until the Chinese partners get the mine ramped up from initial production rates, beyond what's currently on the table......GLA

Bangladesh , the former East Pakistan, when India pushed them all out, to the newly assigned lands of Pakistan and East Pakistan aka home for Indians, with for some the wrong religion..........

Wonder if Henry could have gotten away with banishing all the Catholics to the Shetland Islands ......... 😉😅

The multiple Power Stations pending, the source of the many , many , many profitable spikes, caused by rumour control.

All still sit, waiting for a place at the table, as you say the potential is mind bending.

orcp 15 years back had a similar plan (now fractions of a P, was 10p yes whole p) it a bit more basic , the coal to mouth mine and a single power station, it was valued as a $2.5 - $3 Billion project, with an operational life expectancy of over $80 BILLION over 30 years.

GCM has how many such projects on the back burner...................... 😲🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

Change of sentiment and project progress and GCM will once more as before

Move like a hairy bear in the woods chasing lunch...........GLALTH

Turn that 9 upside down , it was $9 in the States and £6 here, working across the pond back then, settled back to the 25-35p range, with regular spikes on the hint of news to 60-85p range , some very nice limit order spike slices , in those days.

That huge rise was only on the back of the coal asset developed over around 20% of the license area , an area that is basically one massive seam of coal. Ultra low shares in issue back then , like all, old prices need to be adjusted and diluted for each and every placing since, hence the last big move barely cracked 10p for long.

Positive news and sentiment change and that ten should be toast............bring back the old GCM 😉🤑

📰🔴👀👀👀👀👀👀👀

Still good news Adam, it's an essential cog, it's development will allow our Coal , once mining happens, to be transported to the already in operation THAR power stations and international exports via CPEC's Gwadar port project, as well as other internal Pakistan users, we have the coal , they are putting all the infrastructure in place.

Just need that 15 year promised Coal Mine , to actually start mining , over to you Naheed 😉😅

They will not, as we do not own any of RGL, we retain after RGL earn from drilling, 20% of the asset/license, sold to them for a song, likewise the earlier poster , get out more , or read, Lenigas is FREE CARRYING orcp , until that work program and 80% earn in completed.

Not that big an asset yet, by Aussie standards, GGP claimed for 6 years it had up to 18 Telfer lookalikes on its license, until the owners of Telfer came for a look see , bringing in 6 drills of its own, GGP was valued at peanuts. Range bound £1.5 - £2.5m for years, with the occasional pump and dump placing SPIKE thrown in........

18 x 17 Million (Telfer 17m oz mine) = 306 Million OZ Potential , not 20% of not a lot, like oil and gas in the ground, Gold carries very little value until , moving to mine/production.

GGP after the Major came for a look see, hit a Market Cap high (historic sp is never the high on most shares) of £1.25 Billion. A tiny fraction of what its potential 300+ million oz (18 x telfer's) could bring in the future.......

20% of a small Gold play is nice BUT not as nice as ORCP finally developing ANY of its Pakistan Energy projects......... 🤔

If that does not occur, its likely orcp will cash in its increased development 20% to fund itself, long before an oz produced.

The tit for tat stalemate, shifted in late 2023, with agreements in principle now in place for Sunrise (pending FINAL decision) and the wider area, waking from its 23 years slumber......... said 4 years ago, nothing happens here until this happens, it has, so now very much the time to invest in TL , London and ASX companies , involved in Oil and Gas and likewise its growing Metals and Minerals licenses , already with some tasty discoveries..........GLALTH

the deal with sunrise is its all part of the 2018 ratified 2019 maritime boundary agreement, part of which is australia agreed not to issue a license on the oz waters side of the timor sea boundary at sunrise and drain it from their side.

original agreement 50/50 , australia offered 70/30 and 80/20 both in favour of tl, to try to get things moving.

no agreement as to location at that meeting but the tl reps proudly stood on the steps afterwards and stated , we now have 80% and it comes to the island very soon. while the aussie entourage , stood shaking their heads......... 🤦‍♂️😅

can not just push oz/woodside out, without compensation or risk of defaulting on rules put in place during the international maritime boundaries dividing the timor sea between , oz , tl and indonesia...........

chuditch has no such problem , being 100% (currently) inside tl waters, prior to agreement, it was held under an australian psc license, we do not want that can of worms, to re open, many majors and tier 1's departed after years of force majure etc in the as was jpda region. chuditch runs all along the new southern division border, likewise the area underneath it, is currently unoccupied, like sunrise , it could be drained from the oz waters, if they ****ed them off...

why its been all down to politics since gusmao put the big fat no to all options other than it comes to the island in 2002.

never what shell , conoco , woodside , nexen , bhp, inpex and others that operated in the area and departed said, likewise boil/sunda energy..........

its always been a very complicated deal and long term project............glalth

That's some typo 🤦‍♂️ last post should be Sept 2021 vice 2009 🙄😅

As said many times, this is why AB has often referred to , in talks with various parties on the WHOLE PACKAGE, beyond just the CH2 drill.

The Island got its way, 2009 we are going to FPSO Chuditch , TL Ministry we are going to coordinate development of Chuditch , Kelp and Sunrise to ALL feed Beaco (Now Natarbora) once operational...........

Plans , not dreams to build Natarbora

MOU for Pipeline to bring Chuditch to Natarbora

Multi projects planned onshore, Domestic and Exports

If it walks and talks like a 🦆 it's a 🦆

GLALTH........

Todays Cabinet meeting to "INITIATE Tasi Mane funding $40m, is the start of the ball rolling, on those 23 years awaited onshore facilities to be built........fully expecting the news flow to FINALLY, become fast and furious March-June........ 🤔

DRILL BABY DRILL...............