Member Info for passiton

Nothing wrong with the valuations as said 1% of valuation not even remotely ambitous and as for production
without all the added extras, years ago the power station alone had an analyst put a 30 lifetime of mine
valuation of future revenue making that 12% without all the now added potential extras a mere 8.4 Billion
or 280M a year to ORCP,
SO your thinking is after all these years and all the effort they would not take up the option and walk away
in addition we own the coal that with feed that power station the coal alone worth more than current MC
and that's just on the establish 20% of the license upside also quoted our jorc 500Mt prob 1.1 Billion could
be as much as 3-5 BT across the whole license, so chew it which way you want ,where ever you look is more
upside
Been in a few energy projects and they follow the same path and generally they have re rated then increased
on project milestones being reached
At least this one is safe, was in one years ago in South America its main into production and big revenues
tanked big time as the despotic leader in Bolivia? decided overnight they where national assets and no
longer belonged to the company, got out by the skin of my teeth having been in early doors
Lost interest as it went to arbitration etc, no idea if they ever got anything at the end of it.

Quite happy they will progress , as you say what percentage until consortium details are revealed in question
but be surprised if the now major shareholder and key figure in the game would want to lower percentage by
much at this stage, can only work with the current info available if they announce we drop to 6% all those
figures half but until they do the current potential stands

which the ceo has stated could end up 5-6 billion for all elements of the project so until those figures change
we are clearly way undervalued at even 1% of the project valuation.

Right guys time to walk the pooch, feel free to have an RNA and exponential rise in my absence
learnt my lessons over the years,
isa holding going nowhere and my Trading acc holdings set with pending limit orders

once made £25K on SOLG on pre set's while out off office on a Doctors appointment with a shopping
expedition with her indoors afterwards, in the evening she even commented on why did I have that
smile and grin all afternoon, little did she know lol

The maths is all annoys when all and sundry cry dyor, when its pretty clear many have done zilch
had a recent one, some clown expecting 1p on a share very soon, share currently going backwards
fast as when all cln's converted to minimum (contract) £2m of a possible £5 will end up with over
22 Billion shares currently 0.022p and 4.5B shares
Might get theire one day but it ain't gonna be soon, short of like UKOG last week paying off the
death spiral finance with a vastly better deal so they can remember what North is lol

take heart Ponkey
its a few years ago now but Rockhopper had already risen to 25p drilling in the Falklands several
companies had already had a go and all dusters or some condensate, talk was hey even if we get
just gas/condensate might still see 40-50p oil would be great and see £1-2
Stuck first Falklands oil at Sealion and almost hit £6, GCM likewise jorc 500m ton coal floor to
£6

When the right news lands you just never know how overheated a share will become when massive
sentiment and the volume arrives, the only guarantee is if it blows that high it will fall back but
shareholders will get over the SP vertigo

Personally , never look at SP/Shares ratio , just look at current Market Capital assets/debts v Realistic
achievable Market Capital and what price that could translate to.

Those that cry the crap you see on many boards in dream cuckoo land as no way in the majority of those
cases would that SP ever happen unless they have discovered how to turn water into gold lol

current market capital £14 - 15,000,000
ceo power plant loi 3,500,000,000 (12% over 400m)
ceo est all project 5- 6,000,000,000

we have 12% of the project so a rerate to a low percentage of LOI inferred value

1% 35M 1.87P
2% 70M 3.74P
3% 105M 5.61P

Hardly ambitious targets given the scale of LOI and the Gas/Liquids/urea coal exports by road/rail
that will be added in the future.

item 11 Oracle no change - Issuance of NTP and LOI in process

http://www.ppib.gov.pk/N_upcoming_ipps.htm

BigC
end of your post pure Warren Buffett he quoted many times

ignore all others and set yourself targets, you will rarely buy at the very bottom or sell at the highest peak
but if you stick to your targets and achieve them, you cannot be disappointed

kinda blew it on one occasion ref'd to a deal he could have made an extra $30 million bucks if he held on
a bit longer POOR SOUL had to settle for the $60 buck profit he got, we should all be so disappointed lol

not both investors both INVESTING but one is called a TRADER the other an INVESTOR

or you have the best of both worlds and do a bit of both the smart long term investor who buys in and out
over time to establish an ever growing FREE RIDE while awaiting the blue touch paper news.
Meanwhile doing a little extra trading on the side

Many ways to skin the cat, several I previously followed referred to themselves as SKIMMERS with
each trade taken looking for only 3-5% profit if spikes more deep joy

One in particular you could say his version of a long term hold was 2-4 hours and many he would cry out
bought at , sold at barely 5 - 10 minutes between them

Think he was doing more trades a day than I do in a busy month lol

an old mate of mine would have loved to shoot him down he was ex navy submariner and they had an
expression

there are only Boats (subs) and (surface vessels) Skimmer bas****s we sink

must have missed that one thanks LeslieB must have a trawl back later and see what he said
strange, the volume poster here for all that time , would bail so close to the end of the beginning

With the ML-1 closed at the weekend pretty much all the roads and rail up down and across Pakistan
are now being built have seen no end of Motorways completed or ground broken in the media this
past 6 months and there is a Chinese (presume involved) fella that posts daily pictures and prose on
the M5 motorway about the biggest road project, so phase 1 transit to phase 2 emphasis must be very
close, that is to be finalised with the 10th JCC and rubber stamped by Chinese President on upcoming
state visit, date still to be confirmed, last press had visit details being finalised for May/June and May
has gone.
So as said last week expect the few remaining Phase 1 issues to be completed 7-10 days this week or
early next, to be able to stick to that timetable JCC then Pres before end of June?

Casper
rips it out all day long on Twitter these days

still big into orcp and his other covid favourite HEMO

As said over the weekend on any share it is never about SP and shares in issue when a company
progresses its about realistic and achievable Market Capital

With this mornings rise we stand at the dizzy heights of £15 Million Market Cap

ceo current power station LOI expected to come in around 3.5 Billion

ceo the final total for all parts of the project estimated at 5-6 Billion

by June 2023 listed on PPIB as estimated addition to the grid that 12% will be reflected in the
value meantime a rerate to just 1% of the initial LOI would bag orcp to Market Capital 35M

Hoping we can see up to 25% of our holding = 3% LOI Would be MC 105M 5.6P

The market may have other ideas at this early stage but would like to think we would at
least exceed the recent spike into the 1.6 range and form a new basecamp well above 2p
before project milestones add further increases heading towards production GLA

well all I can say as one who was in the states at the time over 10 years ago now saw my GCM cross $9
x rate at the time around 1.5 so would have been on or around £6 in the UK all the protests now a bad
memory and China just like next door in Pakistan will get the job done just a question of when
Back then was not much under half the shares in issued so that rise = £3 now but was just for the coal
now multiple power stations is the aim, if all falls into place I might just seen GCM roar again and many
on the side lines will be watching with jaws hitting their boots as this one when it goes moves like
Usain Bolt as the intermittent spikes to 40 60 and 80p+ in the years since have demonstrated

GLA its going to be one hell of a ride - when it finally happens

Below the LOI previously granted in 2018 for a 700mw originally 660mw to Oracle as part of
a planned 1400mw 2x 700 the new LOI is for the revised doubling up of 660 for a 1320mw
energy plant with new consortium partners involved

Later the other elements will be added as the ceo said in interview expects the sum of the parts
to be near 6 billion with 3.5 for the Power station (that's all that's under the current loi)

https://www.thenews.com.pk/print/280208-ppib-nods-to-700mwcoal-fired-power-plant-in-thar

so like here they are doing the same thing feeding a co located power station but so far have
plans in place with Chinese for 4 power stations with dreams of eventually 6000mw in total
ours is 1320mw

When India annexed its Islamic population it created to the north Pakistan and to the side East Pakistan
which subsequently changed its name to Bangladesh so basically at one time all Pakistani and brothers
in a common cause so naturally close regional neighbours and expect Pakistan to assist China in adding
Bangladesh to the growing family of CPEC as already involved in Belt and Road initiative BRI

Groover
GCM resources ticker is GCM currently around 16p with still only about double the shares it had
when announced 500m tons on small portion of license and roared to £6 before the protests
and Gov opposition started years have passed Regional gov and Parliament now talk it up
as the country crippled by expensive Indian imported power and power cuts multiple times a
day so will happen at some point

http://www.gcmplc.com/

The developed world maybe but the sub continent and asia NO , next door under China BRI/CPEC Pakistan
in the process of building 15-20 Coal fired Power Stations across the Thar Desert coal seam estimated
175-200 Billion tons of coal and as recently announced by the Government will provide cheap electricity to
Pakistan for well over 100 years , do not think after all the billions spent they are going to abandon it anytime
soon and their cousins in East Pakistan Bangladesh will follow suit with the Chinese doing what they have
in asia and parts of Africa, throwing in 200-300M freebies as sweetener like we will build all the infrastructure
on the cheap and throw in a new Parliament building and surrounding complex F.O.C as long as China gets
preferential trade deals in return

Have considered this a long term banker along with former East Pakistan Bangladesh GCM for over 10 years
if you think orcp a big project the other one Coal mine to mouth 4 Power Stations another that looked to
have stalled until Chinese BRI came a calling, its still dragging its heels but the Chinese will get that one
over the line too eventually, hoping not before I can slice here at fingers crossed 3p and maybe much
higher when/if sentiment and the herd lose control 10p lol
Have 2 holdings here ISA holding basically a nice freebie going nowhere until at least 2023 production or
we get bought out before we get there

The other in the trading acc currently breathing through a snorkel got them a little while ago when it
looked like we where going to break free 1.10 -1.30 recent top ups in the 0.6's has it ave down to 0.91
will burn them when we seem to have peaked on the rise when it comes 50/50 might fall back and I
reload for the next round, might go again straight away and f'd up and have to wait and see if I get
another opportunity to reload the trading pot for the next news milestone GLA

His own investments all available on a web search and his own company website with many a picture
of him with senior officials from many countries
as for the fall out, got that from more than a few individuals who work in the city and will remain
nameless for obvious reasons
If it had been one, who knows but several with the same general story must have some basis to it
as you said the BOD company have said nothing, if he shafted them why are they not screaming
from the hilltops and looking for legal recourse and having gone why is his name still on the door

So basically back to less than square one and the same assets that where supposed to be HUGE
years earlier that the as said dodgy BOD failed to do anything with as they collected their salary
and options

as for the ADM placing it was his initial investment in the company at 0.04p per share mx price at the time
was bouncing 0.08-0.10 that caused the surge up to almost 0.60, when they fell out he instructed his
people to sell the dump was hard and fast from where it had settled awaiting news 16.5p to 12p then
the news broke the following day and bang 4p and a few dead cat bounces while the rest dumped and
last I looked still around 2.5p or 0.025 pre consolidation lower than sheikh's 50-60% discounted 0.04