Member Info for lordsidcup

And very high recovery rates, worth looking at this old RNS https://www.globalminingreview.com/mining/19122023/oracle-power-reports-drilling-results-at-western-australia-gold-project/#:~:text=Previously%20announced%20Exploration%20Target%20of%20200%20Mt,(average)%20after%2024%2Dhr%20bottle%20roll%20cyanide%20extraction.

Hope no one got caught out there I expect they'll be doing these shakes all day to try and get shares for next week

They have been talking a lot about this nearby project it sounds to me like they think they can get investment to go out alone. From the RNS: Possible ore processing scenarios have been demonstrated by the recent success of Black Cat Syndicate Ltd via their use of a turn-key funding, development and processing package at their Myhree/Boundary open pits[2], which are located 7km to the north of the Northern Zone Project.

A mining development company is funding everything: Following recovery of start-up costs, the first $30M of cashflow generated will be received by Black Cat. Thereafter, MMS and Black Cat will share profits.

All here https://t.co/LzhPxXosXg

I've been hear shouting about it for a long time and I've never been more optimistic about where this is headed. I'm delighted more and more people are seeing the potential here and all the traders turning up just adds to that, sure some will come and go to speculate elsewhere but I'm going to hold for the long term and see this move from basement level placings to a mid cap project developer, a proper AIM success story in the making here. Next news could be really company making. Good luck everyone!

We still don't know who bought £150k in the last placing but they're doing very well from it - a TR1 is surely imminent I'm excited to find out - we know the CEO of GBP was a buyer before

Interesting read on the difficulties of getting investment and support for coal gasification in Thar: https://www.dawn.com/news/1873077

Lots of speculation - if results continue as before we should see confirmation of high grade gold system extended making this project highly commercial - we're a long way towards a first JORC now and local industry interest is going to make this a hot prospect - we should be looking to sell at least half our stake to the right bidder for multi $millions - see what that does to the SP from down here!

looks like there's money and a business case for thar coal conversion - let's hope this means block vi gets the go ahead too, naheed talked about a meeting to discuss cpec funding

https://www.samaa.tv/2087322226-china-to-invest-in-coal-to-chemical-technology-in-****stan-with-sifc-support

whenever we criticise naheed we should remember what she's up against in ****stan: https://t.co/9iggndq5xl

they've done nothing again and oracle literally gave them a coal to gas policy years ago! it's a joke

These drills are incredibly cheap, our share is just a few $k and they have cut down costs a lot see the last interims, but when she does raise again I hope she seriously considers using a platform like Primary Bid so PIs get the benefit rather than city spivs - there is significant PI interest in gold not to mention the green hydrogen which is also expecting news soon, she could raise a few £100k easily without a shareprice destructive deal

Sounds like high grade blanket on top of large low grade system - potential for open pit mining - next drilling planned in few weeks only $120k including assay costs - important to note our share is tiny no need to raise for this! Gold could go to $5k/Oz economics look compelling

http://tinyurl.com/4de37wfk

Excellent results from latest drilling looks like we have a very commercially attractive monster on our hands!

https://www.proactiveinvestors.co.uk/companies/news/1054824/riversgold-fields-impressive-results-from-northern-zone-gold-project-near-kalgoorlie-1054824.html

Definitely worth a listen, plenty in there we haven't heard before - waiting on Thar financing meeting with Chinese for CPEC go ahead - close to JV or sale of Northern Zone - talks with buyers for GReen Hydrogen very advanced which will then lead to financing and investment partners - with one and then another project getting to final stages a re-evaluation of the share price will follow

https://t.co/w61KpKg1Ab

This looks extremely positive, can't remember the last time they even mentioned it! What I'm looking out for is the Thar coal gasification policy announcement deadline end of this week, they may be able to meet demand from existing mines for current power projects but NOT for gasification projects which is planned for Block VI. Anyway eyes on Thar now

https://twitter.com/OraclePowerPlc/status/1817863683193643025

Prime Minister Muhammad Shahbaz Sharif chaired a meeting on the issue of the Petroleum Division and directed him to prepare a strategy regarding the gasification of Thar Coal.

PM Shehbaz was directed to prepare a strategy regarding the gasification of Thar coal and take necessary steps related to the railway line to access other areas of Thar coal.

Also solar. Seems like our project fits right in so what is the problem?

https://www.samaa.tv/2087316893-thar-coal-project-comes-under-limelight-once-again

So the PM is off to China to facilitate investment in 13 key areas including Thar coal to urea and fertiliser - with our project already majority owned by a Chinese company surely this must be us

https://www.thenews.com.pk/print/1195105-13-areas-identified-for-chinese-investment

It's just a tick box exercise, doesn't mean they can't put together a consortium to actually build the project in the meantime and Naheed is looking to sell part of our 30% for millions...

Lots of noise about Masdar ramping up investment in GH internationally and just signed agreement with EGA that we have an MoU with - with the Sheikh's involvement writing seems to be on the wall for an offtake agreement and funding deal here

https://www.h2-view.com/story/masdar-and-ega-to-identify-hydrogen-aluminium-production-opportunities/2108831.article/

More demand for Thar coal, existing mine will supply current power plants - they're going to have to develop more mines for coal to gas and fertiliser etc which is what Block VI is allocated for and for our power plant . and what about security of supply? Relying on just one mine isn't such a great idea

With Iran sanctions in the spotlight, they have to develop indigenous resources to meet the need for gas and fuel and expanding Thar coal is the only option - this is the time

https://www.energyupdate.com.pk/2024/04/14/thar-coal-key-to-overcoming-expensive-power-woes/