We would love to hear your thoughts about our site and services, please take our survey here.
Either way it's worth waiting for the eventual drop and loading up. If there's agreement it's back up to £16-17 range. I'm hoping to see something around £10-12 and add more there but I can see the buying pressure not allowing that
I agree with the premise but realistically ORCP have a 10% (i think might be 13%) share in a multi-billion dollar project. Plus other assets if the other assets are underpinning the value. THAR (even with the LOI) is not priced in. £100mcap is fair value or multiples of this so the share price should be north of 1p regardless
Really like that update, lots of upside here. The "current assets" is defining our mcap at the moment. Gold is doing gold things. Thar is huge!
Hydrogen projects via Oracle Energy will be a significant uplift too.
Based on the previous months updates. This should be on the cards for 2nd week in October around 3 weeks away. My expectation at this meeting is there is very little they can say wrong. All the dominoes are in place, LOI confirmed is the first one to fall which should be cascading into an update march. Very excited!
There is absolutely no way the Surrey council will approve fracking in this area (HH or BB)...so essentially this news today is pretty pointless.
Anyone that says otherwise just needs to look to the north where they fracked and caused earthquakes so were forced to stop.
I think we are making the same point but you've gone into more depth of detail.
Long and short of if it is simple:
If you sold yesterday you will NOT receive the dividend.
If you bought today, you will NOT receive the dividend.
If you bought yesterday you WILL receive the dividend.
If you sold today you WILL receive the dividend.
I think there are a few people that need to review how you earn a dividend.
To receive this one, you needed to a on the shareholder register at close of business yesterday (which means anyone that sold yesterday would have not been on this register).
Prior to open this morning, the share went ex-dividend, which means purchases this morning are not eligible.
Therefore anyone selling yesterday and buying back this morning benefit only from the trading profits (1850-1590 = 260 >240) so if youre spread is better than 240p you've done better than just holding.
Note: if you traded you can't compound this with the dividend.
The size of the portfolio would be the biggest difference...GRID is larger than GSF therefore the price should be higher.
Another difference is potentially in the way assets are acquired and operated, GRID appears to have a more aggressive strategy which is great in the short term but bad in the long run.
Bitcoin mining, in the most part, uses renewable energy and has actually progressed a lot of build out. Large volumes in Norway and Iceland where there are lower power prices due to hydropower and geothermal, respectively.
Coal, if burnt clean, has a lot of value. Hence I think there share price here isn't higher because in the long term it's not viable.
Prior to the LOI it made sense as it was all speculative. Now - there's no reason for it not to be 10x or more! I'm thinking selling pressure.
All fully funded to go to the next stage!