Member Info for lordsidcup

There will be a lot of anger over this after all the promises. Not only a ridiculous discount, not only massive dilution but warrants too?? Why not just borrow the money? It's the worst deal I've seen in a while

Is more guidance on future timeframes and progress - we have major infrastructure projects but until the market can see key milestones for development it all seems, eve if it isn't, insubstantial.

And we really need the company to deliver on the deals to develop Thar coal or sell part of the asset to put the company on a secure financial footing.

The huge gaps between any communication don't help either - we get a small flurry of Tweets and then it just stops. Would help investor confidence.

We all know the projects are big and long term, but there should be enough going on for a steady drip of news that doesn't need an RNS.

All of the serious investors are patient but this steady erosion of the SP is incredibly frustrating

they seem like the sort of people who have fallen for a lot of aim scams and false promises over the years and are incapable of trusting anyone to deliver what they say.

i think naheed will find a way of monetising part of the thar asset to fix the ongoing financing issues which people are determined to scaremonger about.

i like this from the rns:

"the solar project at thar will also offset carbon emissions from existing and future coal power plants, by providing green energy to local industry and communities. oracle also continued to work on its ctg/l initiative during this period and, given the growing natural gas crisis in ****stan, the government has become more engaged with us regarding the commencement of feasibility work."

any project of this scale will be at least two to three years and considering ****stan bureaucracy i think it's progressed amazingly quickly.

as for sp, naheed specifically talked about a natural rerate after completion of a couple of deals to monetise the thar coal assets, this is still the biggest asset the company owns outright, i don't expect a huge lift from the other projects until we are closer to financial close, or we secure an agreement with a major company for finance.

Damn it should all be upper case letters - this stupid bulletin board makes everything lower case!

"in a significant stride towards energy self-sufficiency, ****stan has embarked on a groundbreaking journey to turn its vast coal reserves in thar into a valuable alternative to imported petrol. the announcement comes from caretaker sindh finance, revenue, planning, and development minister, yousus dagha, who revealed this transformative initiative during the itcn asia 2023 event held at karachi expo centre."

not clear who is involved but it bodes well for this interim government's approach...

https://bit.ly/3r7ajvq

During that Q2 update she clearly stated that there are two Thar coal deals being worked on which would automatically rerate the SP - Green Hydrogen should be close now - she said the next couple of months would be transformative. I'm expecting the big announcements to come like buses soon - it always seems to take too long but that's investing in these huge projects!

The day after a very positive RNS that derisks the gold project and massively increases the likelihood we have a major gold play on our hands that will add multi millions to the MCap there are no trades - it's almost like there's a conspiracy not to allow it to rise to a fair valuation

This really is exactly the news we were hoping for once grades are confirmed we are looking at a minimum of $3.5 billion of gold.

"multi-million-ounce gold exploration target... has been substantiated today with very wide zones of intense alteration in all four diamond drill holes demonstrating the high gold prospectivity"

there's clearly a deal being worked on to monetise the thar coal reserves - whether that's with k electric or a chinese company or maybe ****stan's gas company we'll see - but she sounds very confident it'll happen fairly soon and the sp will automatically rerate as it should - unlocking the $100s millions of thar coal will set the market alight again and i wouldn't want to be out on that day

Just going back to what she actually said about consolidating shares and how exciting it is for shareholders: (about 16 mins in)

"we have a couple of projects in the pipeline, in the Thar coal area specifically that I would really like to get across the line and when that is done I think our position as a company will be so much stronger and in parallel with our green hydrogen project [...] there will be an automatic resetting in this manner"

Thyssenkrupp study is very close now intensive meetings ongoing.

In response to a question about share consolidation she talked about a couple of Thar coal deals close to completion which would put the SP in a better position for a possible consolidation!

All the projects are now proceeding to a more concrete phase in the next few weeks and months a very exciting time to be invested

https://www.thethirdpole.net/en/energy/ambitious-solar-project-to-join-string-of-coal-plants-in-****stans-thar-district/

Today, #ORCP CEO @Naheed_Memon is at the @ftlive Women in Business Summit in London, meeting other business leaders to discuss current issues and solutions, and to expand the relationship network in order to enhance outcomes and showcase projects.

Must have been on Aquis although I'm struggling to find the page where you can look up trades on their website - it's also shown on ADVFN - twice!

Obviously it makes no sense selling a company that's probably the most undervalued on AIM down here so it's either still shares from the previous placing in Feb, an institution that's just decided they want out or someone absolutely desperate. We must still be in a closed period or the Directors would surely be buying more. News rich period coming up so I'm very comfortable holding and topping up until this madness ends

is this the news investors have been waiting for? "yes. we can now proceed without government permissions for power purchase, we have offtake with ****stan's largest power producer which is acceptable to chinese - we are delivering what we promised"

the government of sindh will help to arrange financing - it is still part of cpec so there is financing there also

i believe the sp will start moving positively - we are developing $multibillion projects and the market is still very cautious

https://zakmir.com/zakstraderscafe-interview-naheed-memon-ceo-oracle-power-3/?fb_ref=ymy8i7usrj-twitter&utm_source=twitter&utm_medium=sharebutton&utm_campaign=getsocial

Finally the day we've been waiting for! This plan with Government and KE backing has a VERY high chance of success. Money is flooding back in and once they've all had a chance to load up it will be pumped right back up to previous highs - and with all the other projects we have now it should really go higher, we'll see.

Zak Mir: proves the Oracle Power model

Similar to the Boddington mine (largest gold mine in Australia)

exactly the kind of JV we were looking for - our 20% looks to be very valuable giving shareholders the upside without the risk

inherently undervalued - SP does not reflect the value being built

Getting green hydrogen over the line is now priority

https://scl.io/7jx5D9U

Zak Mir: #ORCP "has delivered the perfect solution for its Northern Zone Gold Project, something which will deliver the potential of what it has there, as well as allowing the company to focus on its latest large drive into the green hydrogen space."

https://t.co/DZL2b7SmyR