I topped up yesterday, changes nothing. I trusted in the company yesterday when I bought at .35p, I trust in it even more this morning despite the placing price being .275p. As I say, this will all be forgotten very shortly. Worth remembering this won't be the last placing either, we need to raise to allow growth.
This will now snowball. The only stipulation they placed upon issuance has been dealt with a day after the RNS. I'm delighted. LTH so not really bothered about the intraday fluctuations, especially not at this price.
Oracle Power PLC (AIM:ORCP), the international natural resources project developer, is pleased to announce that the Company has received a letter from the Directorate of Alternative Energy of the Government of Sindh confirming that it will issue a Letter of Intent ("LOI") to Oracle regarding the establishment of a 1,200MW hybrid solar/wind, green hydrogen/power project (the "Project") in ****stan, being advanced by the Company's joint venture company, Oracle Energy Limited ("Oracle Energy"), subject to the provision of a US$600,000 performance guarantee by Oracle Energy.