RE: Q&A - 3 of 3 _ Enhanced Communication and Accountability7 Jan 2025 10:39
1. How does Oracle plan to ensure financial sustainability without excessive reliance on equity placements?
"The Company has adopted a strategy through which to ensure the ongoing success of its interests whilst minimising direct investment, i.e. with the partnerships with Riversgold and also His Highness. In addition, the Company has a strong control on corporate costs to ensure equity placing requirements are minimised"
Strong control on corporate costs to ensure equity placing requirements are minimised???!!!!........if you look back over the last few years Naheed apparently had the opportunity to raise more on earlier placings when the SP was higher but she chose to raise more often for lesser amounts essentially eroding the value of ORCP needlessly.....clueless.