RE: Scale of project18 May 2020 15:39
some of us bought shares with methuselah and the estimated revenue for the original project
(did not include coal to liquids/gas/fertiliser, just an ambitious junior minor oracle coal looking
to get a deal for a mine to mouth power station, fell flat for years until CPEC came around, now
estimated in ceo podcast at 3.5 Billion for the project value
Revenue without the additional strings to the bow where estimated at 84 Billion revenue over
the mine/power lifetime or around 10 billion to the minnow coal miner at the time even with a
low profit margin would be a massive annual revenue to orcp
The other thing not factored in was the original 1.4b (500m tonnes jorc) estimate was based on
a fraction of the license which sits on what is one massive regional coal seam. It was estimated
if similar in strata to surrounding licenses and proved up results orcp could have a potential
3-6 billion tonnes across the full licence. Massive upside for the additional projects and with
new Thar rail links to Gwadar Port and new motorways across Pakistan the potential for future
regional and international exports of excess coal production.
Could just keep growing and growing over time
uae and others also involved in funding Gwadar Port (has its own power station as big as ours
plus hospital , airport , water treatment plant the list is endless)
that came in with final funding of 260+ billion - be nice but don't think we will catch up with
that it is THE flagship project for China opening its exports to the region, Africa and Europe
much quicker and cheaper than shipping from the large eastern seaboard ports of China
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