Member Info for leslieby

47k shares is less than £10k - it's just MM bs as usual.

Oracle also gets all expenditure returned up to the Jda. We've no idea how much that'll be.

Is there any evidence of criminal actions here? Are the company able to pursue for recompense?

Many thanks for your efforts today. I particularly enjoyed the email to TP. Top stuff.

Mate, you said on Dec 18th........Great Interview on Proactive Investor. Explains everything very clearly. This stock is a bargain.

FFS make your mind up!

Missed a comma there............How do you communicate directly, via LinkedIn? I see you answered. Ta.

How do you communicate directly via LinkedIn?

Lloydy...oh I see. I wonder if he shares the angst that many of us are feeling too? It's all well and good being annoyed at the SP, but does he and the other board members not have it within their gift to stop the rot?

Spewing what?

12. RECOMMENDATION
The Directors consider that the Placing and the Resolutions are in the best interests of the
Company and its Shareholders as a whole. The Directors draw Shareholders’ attention to
paragraph 10 above, which provides detail on the position of the Company should the Placing
Resolutions not be passed. Accordingly, the Directors unanimously recommend the
Shareholders to vote in favour of the Resolutions at the General Meeting as they intend to do
in respect of their own beneficial holdings amounting, in aggregate, to 18,500,000 Ordinary
Shares, representing approximately 1.19 per cent. of the Existing Ordinary Shares.

Didn't the company specifically need £700k as a surety? I'm sure I read that somewhere?

Casper thx. Where were they?

The Circular contains Notice of the General Meeting that will be held at the offices of Brandon Hill, 1 Tudor Street, London, EC4Y 0AH at 10.00 a.m. on 20 December 2019. A copy of the Circular and the Form of Proxy will be available shortly on the Company's website at www.oraclepower.co.uk.

Anyone seen it yet, I might be looking at the wrong part of the website.

On holdings or finance?

BrickSA, in all my delight at yet another gloriously informative update, i'd forgotten all about the pay rises.

@mookster. Wait until after the EGM to make any decisions mate. Hopefully those proposals/outcomes will give everyone a much clearer understanding of exactly what the company road-map is and in doing so, will be reflected in the SP (obviously i'm hopeful it's positive).

Sorry, should also add that we aren't sure what costs will be reimbursed to Oracle up to the 15th December at this stage either. It's a complex arrangement that once explained, will enable all to take or change their position.

I'd look forward to seeing how that is actually structured as i'm not sure we can simply apply those numbers in-extremis.

You refer to this I think......
The JDA foresees the creation of a Special Purpose Vehicle to develop and undertake both projects. It is envisaged that the Project will be funded on a 75% debt and 25% equity basis, with the proposed ownership as follows:
CNCDCL 73%
Private Office 15%
Oracle 12%
Going forward the Private Office and Oracle will be responsible for, amongst other things, securing all the required permits, licenses, governmental and regulatory approvals, whilst also ensuring CNCDCL are introduced to the highest Government stakeholders, Ministries, Government agencies and departments in order to enable the Parties to jointly further advance and develop the Project.
CNCDCL will be primarily responsible for providing the required technical and commercial support in order to meet the project requirements, as well as arranging all the debt required to develop the Project. This includes applications for obtaining/granting of contracts and licenses necessary for the for the development, establishment, construction, completion, commissioning, commercial operation and maintenance of the Project.

I think we are referencing differently dated documents. I'm reading the RNS of 28/11/19 - the fundraise of 700k.