RE: Oracle Power Inks Mining Deal for Northern Zone Gold Project3 Oct 2025 10:11
Chrisdp86, as a basic rule of thumb... you can. Until figures are produced, that is all you can do.
It's not a direct relationship, but using the 10% gives a good guide, it's certainly not a 6m market cap, especially considering the additional projects that may also come into some form of liquidity event (two interested parties). By the sounds of Naheed in the interview, she would like to also see some return on her investment, which will involve the right risk management to prevent jeopardising this cash flow (such as being overweight in other additional projects that will burn cash in the mean time). Meaning any future raises will be limited from now on.
The most basic figures with high risk associated for delays and conceptual resource puts this Mcap a lot higher.
This will be the first time ORCP can become cash positive. Which is a big deal. And I can see why the BoD are excited.