Member Info for ifiknewidberich9

No worries, either way , Silver has always been Golds poor relative.

Take your word for it ASI but just going by the US Market report, which also states that was a corrupt figure.

It in the link a few posts down off the NASDAQ.......

As they say , every little helps BUT until AP gets the Elephant in the room/debt resolved, not a lot will change, commodities price rises or not. If he does, Mr Market loves a recovery play and it's KABOOOOOOOOOOOOOOOOOOM.....

Where it does shine, is outside of the, a nice bonus by product to many base/precious metal mines, isolated silver lodes, can often run into the thousands of grams per ton, making them very lucrative stand alone cash cow mines.

As ASI said, it's never been routinely more than a fraction of the pog.

The silver all-time high was US$49.95 per ounce, a level it reached on January 17, 1980.

However, the price didn’t exactly reach that level by honest means. As Britannica explains, two wealthy traders called the Hunt brothers attempted to corner the market by buying not only physical silver, but also silver futures — they took delivery of those silver futures contracts instead of taking legal tender in the form cash settlements. Their exploits ultimately ended in disaster: On March 27, 1980, they missed a margin call and thesilver marketprice plunged to US$10.80. This day is infamously known as Silver Thursday.

That record silver price wouldn’t be tested again until April 2011, when it reached US$47.94. This was more than triple the 2009 average silver price of US$14.67, with the price uptick coming on the back of very strong silver investment demand.

US$49.95 per ounce

The silver all-time high was US$49.95 per ounce, a level it reached on January 17, 1980. However, the price didn't exactly reach that level by honest means. - 21 Oct 2024

https://www.nasdaq.com/articles/what-was-highest-price-silver-updated-2024#:~:text=The%20silver%20all%2Dtime%20high,that%20level%20by%20honest%20means.

US Exchange always has little stories on such things......

Sometimes DD does take time, who remembers Bahamas huge claims, have 20-30 billion barrels. Shell moved on them, gaining EXCLUSIVITY , for a mere $250,000 a month, that went on for 6 months $1.5 Million and Shell WALKED AWAY....

It is never just as simple as , we believe everything they have said, they will be doing their own analysis of prospects, including, what happens AFTER the drill

That and not valued at the poo, most valued at the lesser price for reserves in the ground , times a regional risk factor.

Rising once production in play, to a combo price still not the poo, a lesser rate + remaining reserves on book.

Last time poo was over $100 a barrel, the USA led the way as per , with $12 (£9) with asset sales moving at $8 a barrel.

Bottom end at the time was Syria $2 and Iraq $4 a barrel.......

Yep, was accurate at the time of publication though, Andy raised $22m when Sundagas as part of floating on the Singapore stock exchange, years before SNDA (boil) came on the scene (Jan 2020) Loan not trickle flow confetti (previous bod) , was with a major Singapore bank......

As posted earlier , AB has a long history with Singapore, other companies, Seapex vp and Finance.

Scroll down , what they look like on the real exchange, before the 3rd party sites rehash and GUESS.

https://www.londonstockexchange.com/stock/ORCP/oracle-power-plc/company-page

No, labels and colour codes are NOTHING to do with MM/Market, they do not label, considering all TRADES printed, to all be both a buy and sell. The confusion is caused by 3rd party sites like this one, rehashing and BEST GUESSING every trade printed on the real exchange/s. Trying to be helpful but failing miserably on most shares daily, likewise making the stats and ratio's worthless numbers.

Based on what the sites Dimbo Algo (rithm) sees as ITS current mid price and range GUESSES all

All above mid = Buy

All below mid = Sell

(never the case )

Chokes on all exactly on its Mid, delayed trades (not mm hocus pocus / black trades) or it sees outside of its range

UNKNOWN

Its as simple and tragic as that, no games , conspiracy etc etc , just poor days at the office, for Dimbo Algo....

Must be talking about, those suffering from terminal PK sickness , Spank

Many on here , have had Warren Buffett's, keys to investing

Patience , Patience and oh yes more Patience

ringing in their ears for a decade......

All trades , always get shown , have you looked on the AQSE , which ORCP also trades across.

All the real exchanges do is print trades , all of them without GUESSING or colour coding labels.

All the confusion down to 3rd party sites like this one. Not MM/Market...

https://www.lse.co.uk/SharePrice.html?shareprice=ORCP.GB.PL&share=Oracle-Power-Plc

(Business in Cameroon) - From October 28 to November 1, 2024, Yaoundé hosted the African Petroleum Producers’ Organization (APPO) meetings, bringing together African oil producers to discuss major energy issues. These meetings include the 19th regular session of the Executive Council and the 46th regular session of the Council of Ministers. One of the main agenda points is the development of the African Energy Bank (AEB), an initiative launched jointly with the African Export-Import Bank (Afreximbank).

AEB is designed to address the mounting financial challenges in the oil and gas industry, which is increasingly strained by the global energy transition and lingering effects of the COVID-19 pandemic. APPO and Afreximbank hope the AEB will help fill the funding gaps created as traditional backers become hesitant to finance energy projects due to climate concerns.

For Cameroon, this new bank represents a significant opportunity to attract fresh investment for its oil sector. Cameroon has abundant oil and gas resources but faces financial obstacles in modernizing and expanding its energy infrastructure. Improved access to funding could accelerate the construction of pipelines, refineries, and other crucial facilities, promoting sustainable economic growth and generating thousands of new jobs. The AEB initiative could also help address environmental concerns by encouraging the adoption of cleaner technology, aligning Cameroon and other African countries with global energy transition goals. Cameroon would then be able to preserve its natural resources better and position itself as a responsible player in the global energy arena.

If he can't get it done, for a fourth year in this supporting environment, he never will

GL JA but you should not need it....... 🤔😅

The launch of (AEB) African Energy Bank, which is scheduled to be operational by the end of the first quarter of 2025, is eagerly awaited in oil-producing African countries. Cameroon's Prime Minister told the media, Joseph Dion Ngute, commenting a few days after the results of the 46th ministerial meeting of the African Petroleum Producers Organisation (APPO), held on 1 November in Yaoundé.

We needed 5 billion dollars to start but we revalued the figure to 500 million, and obtained 50 percent of this sum before even officially launching the bank,” said the prime minister, expressing his confidence that the start-up times of the institution promoted by the African Development Bank (Afdb) will be respected. On the occasion of the Appo ministerial, the prime minister stressed that Cameroon has offered its hospitality as part of the rotating presidency

Lets not forget, the new bank recently set up exclusively for African Oil and Gas projects.

(Tower - Cameroon , Namibia , S.Africa)

Invest in African Energy - Paris France 13-14 May 2025

Though large multinational banks tend to dominate the oil and gas sector, small- to mid-sized banks, often regional or local, are playing a growing role in financing fossil fuel projects in Africa through direct loans, specializing lending, participation in syndicated loans, or local infrastructure financing. As international financial institutions face heightened scrutiny in the sector, opportunities for smaller and indigenous banks will be on display at the Invest in African Energy 2025 Forum in Paris next May, which aims to connect African energy and infrastructure projects with diverse pools of capital.

Africa Energy Bank- Signed into implementation in June by the African Export-Import Bank and African Petroleum Producers Organization, the Africa Energy Bank (AEB) serves to catalyse funding for Africa’s oil and gas and energy industries, responding to the withdrawal of international trade and project financing by global lending institutions. The first-of-its-kind bank recognizes Africa’s reliance on its natural resources for future economic and industrial development. With an initial capitalization of $5 billion and set to be headquartered in Abuja, the AEB is open for signature by prospective member states and is set to make a sizable impact on project funding access across the continent in the coming years.

Current funding in progress, for an initial well in Cameroon but as reported in the RNA update, over the rns news wire, also in talks for a follow on 3 additional wells, could that be with AEB ?

1) Andy has a long history with Singapore

2) Exclusivity Agreement" with a privately-owned Singapore investment company (the "Investor"). The Investor, Pacific LNG Operations Pte Ltd, has a track record of value creation in resource projects in Asia-Pacific. The Exclusivity Agreement enables a period of mutual due diligence relating to a potential strategic investment into the Chuditch PSC project.

3)PetroChina PetroChina International, the trading arm of PetroChina, to collaborate on strengthening the island country’s supply and management skills in the liquefied natural gas (LNG) arena and Singapore - Under the MoU signed in Shanghai on November 7, 2024, the partners will explore collaboration opportunities to strengthen each other’s LNG SUPPLY CHAINS, promote knowledge exchange regarding market dynamics, and supply and demand fundamentals, and explore joint procurement opportunities.

The agreement is said to be part of Singapore’s efforts to strengthen its energy security and resilience as it explores alternative energy sources to decarbonize the power sector and meet the net zero emissions target by 2050. As disclosed, EMA and PetroChina intend to collaborate on gas-to-power and other sustainable development solutions, as well as work on growing Singapore as an ASIAN LNG HUB.

Timor Leste changing to gas to power electricity, Singapore on the same path , Australian and Japanese Governments calling for their own supply increases and in Australia' s case , to maintain their leading position, in wider LNG World markets.

Tick, Tock , CHUDITCH , one day will rock...........👍