Member Info for passiton

Asset is the Asset, buy out/jv aka bail out , will fire it up
despite the BOD

Look at many other boomers with Idiots in charge

Did copl not increase in value from a couple of million
and go backwards in share price YES/NO

Just pointing out the , poor financial preparations
leading to massive debts

Ring any bells ?

https://www.energyvoice.com/oilandgas/18665/administration-of-oilexco-the-detail/

China/****stan media reported 3 new projects, rushed through just 20 minutes
before PM Sharif met with premier Xi Jinping.

The story had the new projects believed to be associated with hybrid power projects
which our since given LOI status Hydrogen project falls under.

These from this time last year, since when the project has moved swiftly, could we be
one of the three ?

Ministry spokesperson said on Saturday , further details from the recent trip , should
be available soon.

After waiting years for the power station to make the cut and be granted LOI, could the
new project, have flown through the gate, as one of those late reported projects ?

https://www.globalconstructionreview.com/oracle-power-powerchina-plan-to-develop-green-hydrogen-in-****stan/

The project is expected to be included in the China–****stan Economic Corridor programme,
which may help the funding process.

https://taiyangnews.info/markets/green-hydrogen-project-in-****stan/

To the Chinese government, Power China has expressed its interest in the project and expects to
receive bilateral support through the China-****stan Economic Corridor (CPEC) program.

Have risen and unusually held the rise for a few sessions, next rns could be a Chinese firecracker

Nice close, 0.30p paid on the back of the daily close auction 1630-1635
maybe tomorrow, the sp gets back above 0.30p and stays this time.

He can pretty much do what he likes, his BONUS from Fortescue last year or
the year before was Aus $ 2 BILLION, a tad under £1 Billion with the exchange
at the time.

He has fingers in a lot of pies of his own, as well as heading Fortescue, last read
back then , his own personal wealth , was approaching US $20 Billion

From Saturday

At his weekly news briefing in Islamabad today, Foreign Office Spokesperson Asim Iftikhar said
more details about the visit will be shared in due course of time.

As regards CPEC, the spokesperson said there is a renewed focus on the corridor’s infrastructure.

He said it has been agreed to fast track implementation of ML-1 and Karachi Circular Railway projects.

He said the mega project is aimed at socio economic development not only of ****stan, but also the
region and beyond.

They are already moving quickly

Under another similar nature contract, a Chinese firm is also manufacturing 800 freight wagons

https://www.dawn.com/news/1719057

ML-1, will give Oracles coal mine access to sales across the country, including the PM's
demand for an end to imports and THAR coal to supply , current power stations and
cement works etc.

Naheed on the subject of rail coal sales , rns from 2 1/2 years ago

http://tools.euroland.com/tools/Pressreleases/GetPressRelease/?ID=3703951&lang=en-GB&companycode=uk-orcp&v=

Billionaire Forrest’s Hydrogen Unit to Speed Expansion Plans
Fortescue’s green division to invest in additional plants
Energy arm’s value will eventually top iron ore business: CEO

A couple of years ago lth, may remember a series of photo's coming out with the Sheikh
and Andrew Forrest (FMG Australia) a fellow multi billionaire, with the likes of George
Weah , the ex footballer , now president of Liberia and others on the West African coast
involving potential mineral and iron ore deals, in Liberia, Guinea and Sierra Leone.

Just had a google of Forrest , he has been busy in the Green Hydrogen arena, Australia
USA , Argentina and others

Wonder if FMG might join the Sheikh , in our ****stan Green Hydrogen project ?

https://www.rechargenews.com/energy-transition/iron-ore-billionaire-andrew-forrest-unveils-15gw-green-hydrogen-project-in-argentina/2-1-1093693

https://www.bloomberg.com/news/articles/2022-09-02/billionaire-forrest-s-hydrogen-unit-to-speed-expansion-plans?leadSource=uverify%20wall

https://www.ft.com/content/d5406ff9-32cb-4d45-8285-7d38f0d867f2

https://www.forbes.com/sites/davidjeans/2022/06/21/andrew-forrest-green-hydrogen-australian-billionaire/

https://www.scmp.com/economy/global-economy/article/3198440/chinas-lithium-hold-wont-be-undercut-opec-style-cartel-argentina-chile-bolivia-consider-alliance

South American media reported in October that the foreign ministries of Argentina, Chile, and Bolivia
known collectively as the so-called lithium triangle owing to their majority share of the world’s
identified lithium reserves

https://qz.com/mineral-rich-countries-want-to-form-an-opec-for-battery-1849742149

Telam, Argentina’s national news agency, reported last month (link in Spanish) that foreign ministers
from Argentina, Bolivia, and Chile are in “advanced talks” on creating a mechanism that would give
them control over lithium prices “at a global level.”

JCC said to have all been passed , with an additional 3 projects pushed
through with just 20 minutes to go to PM's talks with Xi

ML-1 passed and will be connectivity for our coal sales all over the country
(see a couple of days ago - posted rns from 2 1/2 years ago -Naheed on subject)

We still do not know, if the power station has made the cut, the intrigue now
is those 3 additional projects , passed at the last minute, said to be to do with
Green/Hybrid energy

and we have an LOI for a Hybrid Hydrogen project.........who knows a surprise
coming........GLA

Shehbaz Sharif commended the China-****stan Economic Corridor (CPEC) as a game changer
in transforming ****stan's power, energy, infrastructure and public transport sector.

Sharif himself was given the task to implement multiple CPEC energy projects and the Lahore
Orange Line, the country's first metro train service.

https://www.brecorder.com/news/40207124/****stan-china-share-destiny-says-pm

Now that sounds promising, Sharif and CPEC energy projects direct connection.

Both sides at this weeks meeting said they would fast track ML-1 but, coaches/wagon's already
coming.

Mine/coal sales could be a lot closer than we thought.

LAHORE: China has despatched 46 out of 230 new high-speed passenger coaches to ****stan
Railways by sea which will take approximately three weeks to reach Karachi port.

After being handed over to the railway authorities, these coaches will reach Lahore by the Karachi
Lahore main line-1 (ML-1) by end of this month

Under a $140 million contract, a leading Chinese company has manufactured 230 state-of-the-art
passenger coaches, of which 46 are to be provided as completely built units (CBU) and the remaining
184 will be manufactured in ****stan by the PR engineers and technical staff under the supervision of
the Chinese experts.

Under another similar nature contract, a Chinese firm is also manufacturing 800 freight wagons
and 20 brake wagons.

https://www.dawn.com/news/1719057/china-ships-first-batch-of-46-rail-coaches-to-****stan

The minister disclosed that ****stan will get commercial loans worth $3.3 billion from China with
additional financing of $1.45 billion contributing to the $8.8 billion package for the current fiscal
year 2022-23.

Whereas, an additional amount of $4.2 billion is likely to be received from Saudi Arabia.

In addition to the financial package, Dar confirmed that Saudi Arabia would also build a
Petrochemical Complex in Gwadar and China has shown interest in several development
initiatives in ****stan

https://www.samaaenglish.tv/news/40020801/money-china-saudi-arabia-assure-****stan-of-13-billion-financial-package

It was a big audience he spoke to

The Prime Minister also addressed a China-****stan Business Forum that was attended by more
than 500 Chinese entrepreneurs.

Separate meetings were also held with heads of key Chinese state owned and private enterprises.

Question: My question is about CPEC, which is an important project between ****stan and China.

Earlier it has been reported that the projects under CPEC were facing delays.

After Prime Minister’s recent two-day visit to China, can we expect expedition vis-a-vis completion
of these projects? When will these projects be completed and bring benefit?
(Khawaja Hamza, Media Today)

Answer: Well, you know, ****stan is already benefiting from CPEC. CPEC has been there on ground
for quite a while and it has contributed to rejuvenating ****stan’s economic development. You’re
aware of the first phase of CPEC that was focusing on energy shortfall and infrastructure projects.

You’re aware of the second phase that was focusing on agriculture, industrialization and socio
economic development, and there is a renewed focus now again on some of the major
infrastructure projects.

https://mofa.gov.pk/transcript-of-the-press-briefing-by-the-spokesperson-on-friday-4-november-2022/

True Sid
look around the market and many with higher values , holding just one
project, no longer a rerate required , a spectacular market correction is
now very much on the cards.

Crazy , after all these years , if the trigger pulled and that correction starts
with the Gold

Paid 10p a share for ORCP , about 13 years ago, when just a coal explorer.
market value , not a lot different, shares that have multi bagged , not the value.

Now , multiple big projects being advanced, has to break free one day, lets hope
something being compiled over the weekend, for a Monday morning update, on
how this weeks JCC/CPEC might give us some extra traction.

We know the coal sales , excuse the pun , are on track with the ML-1 Rail/upgrades
(see a few posts back rns from 2 1/2 years ago on the subject)

It was also in the local press , 3 extra projects pushed through by the JCC , just 20
minutes prior to the meeting and sign off

Is further good news on its way for the Hydrogen project ?

press indicated , the 3 last minute additions in that sector Hybrid Energy
related, which covers more scope than just ours (wind/solar etc)

Who knows not I, on the other hand, our Hybrid did move very swiftly to LOI
must have been some keen interest, for that to occur.

CGTN

https://news.cgtn.com/news/2022-11-04/SCO-CHG-Why-are-CPEC-and-BRI-crucial-for-regional-connectivity--1eGjtTnwAtq/index.html

CPEC's power generation and transport connection enhancements increased bilateral trade
between China and ****stan.

The predicted bilateral trade potential is between $80 billion and $100 billion by 2030, when
most CPEC projects will be completed.

Power Generation - Power Station , Coal to G/L, Hybrid Energy Hydrogen

Transportation - ML-1 and rail upgrades - Oracle Mine bulk sales to all

Thinking Naheed and Oracle, holding a royal flush.

As she said, should be much higher, the market will cotton on and catch
fire, if it comes out, we made the cut on the latest JCC.

CGTN Today

https://news.cgtn.com/news/2022-11-04/-COMT-An-ever-strengthening-China-****stan-bond-1eGiicT3Dt6/index.html

Expect even stronger momentum to drive the China-****stan Economic Corridor's high quality
development post Sharif's visit.

Both sides have put their weight behind key takeaways from the 11th China-****stan Economic
Corridor (CPEC) Joint Cooperation Committee

The ****stani side needs to take the negotiation and signing of the Enhanced Version of the
Work Plan on Protecting the Safety and Security of All Chinese Personnel, Projects and Institutions
in ****stan as an opportunity

****stan stands ready to work with China to actively advance the development of CPEC, and
strengthen cooperation in areas such as agriculture, infrastructure and clean energy

After the talks, Premier Li and Prime Minister Sharif jointly witnessed the signing of inter
governmental cooperation agreements on economy, trade and investment

http://gb.china-embassy.gov.cn/eng/zgyw/202211/t20221104_10800373.htm

This rns from 2 1/2 years ago, with yesterdays sign off by Sharif and Xi
to fast track the ML-1 Rail expansion and upgrade ( $10 Billion project)
brings this part of the plan a lot closer.

http://tools.euroland.com/tools/Pressreleases/GetPressRelease/?ID=3703951&lang=en-GB&companycode=uk-orcp&v=

The Meeting included significant discussions regarding the proposed development of a 105km railway
from Chhor to Islamkot line, to pass through the Thar desert, thereby enabling access to ****stan's rail
network, to transport coal from the Thar coalfields upcountry, which would open up additional potential
customers across the country, complementing the Company's proposed mine mouth power plant.

Mine and coal sales , on track
Green Hydrogen , on track , meeting said , more emphasis on Green Projects

Power station , Coal to projects and some Australian Gold thrown in for
current market valuation, no wonder Naheed , thinks in terms of 10 times
and or 10p