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You might just as well spend your money on a fancy lady than leave it here. Most investors won’t live long enough to see a return in the mining sector.
Treat you lady like a princess & she will treat you like a king!
Treat her like a cleaner/ cook / maid ....don’t be surprised if she is offering her services to others.
We are all sitting on an unlit firework here. The problem over the last 10 years is that the guy who has the job to light this firework never had a match. The person who had the match was the Government. Who never release said match. But now dot you feel that we are getting very close to the government releasing the match?
It seams we have more than one firework now...power/ fuel/ fertiliser.
Come on ...release the match!!!
With financial closure coming now end of 2021 beginning of 2022 for the power project.
Does this mean block 6 can not be touched to make fuel & fertilizer before then?
Honestly if this is the case? What income , but a hopeful gold project, will lift the share price?
Surely the market is waiting for financial closure.
Please tell me what till then is going to rerate the share price?
So the power project is going to plan. Optimistically we are looking to connect to the grid 2027 or end of 2026.
In addition we have coal to fuel + coal to fertilizer
So no income stream on power till2027
When do income streams on fuel or fertilizer come in?
This may be a sure thing but the question you have to ask yourself is...will you live long enough?
Been a long term holder for 10 years. Have been promised many things over the years. But the facts are the same. We have had our share diluted by mega fund raising. We have yet to be given the go ahead.
Opportunistic cost means I would have been better off leaving my money in the bank with near zero interest than this hypothetical project.
Still have hope but this gold project is a distraction & means they can’t complete on Thar anytime soon.
Still no one talks of the environmental campaign against that. Like we have campaigners against HS2 they have a strong lobby against coal development.
Still none talks about the villages...have they been moved or compensated yet?
Still no photos of block 6? Except desert.
Come on do you not find it suspicious that they have even not yet fenced off the area?
Where is the video evidence that block 6 has been cleared in preparation?
Have the indigenous people been moved/ re housed?
Where are the road rail electricity links to block 6 for easy connection.
What about the raging environmental groups campaigning har development....have they gone away?
Words from the CEO may feel comforting but where is the photo video evidence.
Remember any coal digging photos on orcp website are of other companies coal mining else where in the world.
Those asking why is the price not higher....so far we have a pile of paper! Go & figure!
The price will be nothing till orcp show the market they have something. They have been talking this up for over 10 years. The market want to see the holes in the ground now. ......come on anyone show me a recent photo of block 6???? It’s still desert & the market knows this.
Thought someone would say this. Hence why I refer you to watch interviews with Michael Saylor.
I have invested in ORCP & have been for at 9 years. But don’t get blind sided by the changing times.
These mining opportunities are diversions from Thar.
They will only waste money & time. Instead ORCP should put any cash into BITCOIN. See Michael Saylor of Micro strategy!!!!!
Getting into coal when the world is going green!
Getting into gold when the world is going digital.
This is your last chance to save ORCP.......stick your cash in BTC. Don’t waste your time on small mining projects
Without funding/ financial conclusion the sp is worth nothing. 0.25 paid by large shareholders indicates the possible bottom value. Warrants at 0.5 another higher level but anything over that at the moment is pure speculation. Don’t get caught. Have been here for 10yrs. Absolutely massive paper loss. Until the finance is in & building starts. This is all pie in the sky talk.
Holding for divided which if achieved will be a decent retirement.
Good luck.
Ive been with you brother. I have sat on these shares so long now they have become fossilised. Am holding out till the electricity is flowing. Going to leave this to generate dividend going long term mine life.
Of course feta liver /diesel only adds.
Think that new large shareholders this is their play to given mine life of 30 + years
I will hold hands with you till the end Bernie.
Sitting on a huge loss but always said that until the electricity is flowing this is worth holding out.
Just not sure I will live long enough to see this one shine. But shine it could!
It would be nice if they explained why there is a year delay.......can anyone shed any light?
Moving to 8 million tonnes a year, instead of the original and ultimately more capital intensive two-phased approach, being 4 million tonnes a year initially followed by a second phase of a further 4 million tonnes a year. Consequently, the power plant is now also intended to be developed as a single 2x660 MW unit.
Bowl! When you have been here so long any movement gives a little relief but still sick at the huge paper loss. It’s all been consigned to the retirement/ passing on to children draw! But hey its all fun when others have pockets so well lined.
"It is with pleasure that I welcome Naheed to our Board. Her existing knowledge and understanding of our flagship Thar Block VI asset will be of considerable value to the development of the Company going forward. Moreover, having a Director primarily based in Pakistan should further help ensure a smooth transition to Financial Close and subsequent development."
Looking at ORCP website it can make you laugh or cry! This taken from financial review 2013! 1H 2015 Access road Offices & accommodation Power plant construction begins Dewatering begins Overburden removal Mine construction If you go back to 2011 share price was just over 10p. Wow will I ever see a break even?