Member Info for StockMaiden

Oooh so the ML is not a guaranteed now...

You are quite right, if they don't get the ML then the SP will plummet no doubt

"What is a realistic price?"

A realistic price of 0.05p in my opinion.

Will be lucky if the SP holds as ML news had already been priced in

If they don't get that ML then perhaps the SP will return to 0.0125?

Tbt,

Your scenario of "cashflow by year end" is nothing but speculation in the most ideal outcome.

For that to happen, it means that the ML can't delay no more (and we know it has already been adjourned once or twice).

Then if the ML does get granted, groundworks needs to progress without delays or any unexpected problems. We all know in mining a lot of problems may occur running up to the groundworks like organising machinery, crew, and getting the legal documentations in place.

The results could take some time to process. Won't go into too much details but for them to get to a "potential" revenue generating phrase, there are still a lot of bureaucratic paperwork submissions to complete.

So....by suggesting cashflow by year end is unrealistic, honestly. We are fast approaching July, so that really doesn't leave much room until year end.

Coldspy,

You can refer to the fundamentals of the company:

15billion shares issued speaks for itself. Last checked Oracle only had £557,986 and this was in June 2025. The raised another £500K in August 2025. This brings a total of £1,057,986

Administrative expenses for 6 months is approx £281K. Give it until August 2026, and they would have spent £562,000 on administrate expenses alone. Leaving £495,986 in the bank.

Additional Expenses:

However, Oracle has several types of potentially unforeseeable or uncertain expenses/liabilities beyond its regular monthly operating costs that falls under the regulatory, political, environmental, and permitting costs that cannot be forecasted precisely. Here are few examples:

1) Need for costly capital raises or project delays.

2) Unplanned development, permitting, or compliance costs

3) Writedowns if projects don’t perform

4) The weakened currency. The company operates internationally, fluctuations in exchange rates (especially USD, AUD, and PKR vs GBP) can reduce reported profits or increase costs unpredictably.

Past unexpected expenses:

To support my points, Oracle has had one or more unexpected / non-recurring kinds of expenses or charges in its financial history.

Oracle Power has in incurred Impairment charges on loans to subsidiaries and associates in the past; eg, £507,613 in 2024.

In 2022, the company also recorded impairment of debtors, £605,513 of unpaid amounts in the accounts.

The £605,513 sum owed to Oracle Power PLC in 2022 came from loans and financial advances the company had made to its subsidiaries and project entities.

Conclusion:

Oracle does not currently have a revenue stream.

Any potential revenue from Northern Zone won't happen immediately whereas the urgency for Oracle to raise will.

Do people really think Northern Zone will generate revenue by 2026 when the ML has been adjourned to July by court?

This doesn't leave much room for groundworks and lab tests even if they get granted the mining licence as speculated.

Just for a bit of balance rather than talks of ideal outcomes, let's looks at some facts & uncertainties:

- The company has reported their cash position in

June 2025 and they have raised in August 2025. June 2025 is over 12 months so a lot could have changed since.

- Fact remains the ML is not obtained. The next curt hearing is adjourned to July 2026. Whether Riversgold with acquire the ML on time or at all remains an uncertainty

- Oracle does not have a revenue stream. Some optimistic speculation of a NZ revenue by the end of 2026. There are problems noticeably with this expectation. First one being the court hearing for the ML is adjourned. The second one is even if ML is issued in July 2026, will Riversgold/Mega have enough time to progress drilling campaign up to a revenue generative phrase, unlikely in my opinion.

- Thar project has been delayed and there has been no development from talks of the Thar sales.

- None of the other Oracle projects are generating revenue.

Just for a bit of balance rather than talks of ideal outcomes, let's looks at some facts & uncertainties:

- The company has reported their cash position in

June 2025 and they have raised in August 2025. June 2025 is over 12 months so a lot could have changed since.

- Fact remains the ML is not obtained. The next curt hearing is adjourned to July 2026. Whether Riversgold with acquire the ML on time or at all remains an uncertainty

- Oracle does not have a revenue stream. Some optimistic speculation of a NZ revenue by the end of 2026. There are problems noticeably with this expectation. First one being the court hearing for the ML is adjourned. The second one is even if ML is issued in July 2026, will Riversgold/Mega have enough time to progress drilling campaign up to a revenue generative phrase, unlikely in my opinion.

- There has been numerous debates about the company's financial position. Fact remains the last report cash balance was in June 2025 from my knowledge. As NZ has been halted due to delays for the Mining License, any initial revenue forecasts have to be re-evaluated. It mean that with NZ there will be no revenue expected. Judging by that Oracle will raise funds at some point.

The company has no revenue stream, is that a fact to you Tenbag?

What about the monthly reoccurring administrative / company expenses?

Tbt

When you went about advising people to not get Lenigased, why didn't you take your own advice?

Let's look at the fundamentals:

15billion shares issued speaks for itself. Last checked Oracle only had £557,986 and this was in June 2025. The raised another £500K in August 2025. This brings a total of £1,057,986

Administrative expenses for 6 months is approx £281K. Give it until August 2026, and they would have spent £562,000 on administrate expenses alone. Leaving £495,986 in the bank.

Additional Expenses:

However, Oracle has several types of potentially unforeseeable or uncertain expenses/liabilities beyond its regular monthly operating costs that falls under the regulatory, political, environmental, and permitting costs that cannot be forecasted precisely. Here are few examples:

1) Need for costly capital raises or project delays.

2) Unplanned development, permitting, or compliance costs

3) Writedowns if projects don’t perform

4) The weakened currency. The company operates internationally, fluctuations in exchange rates (especially USD, AUD, and PKR vs GBP) can reduce reported profits or increase costs unpredictably.

Past unexpected expenses:

To support my points, Oracle has had one or more unexpected / non-recurring kinds of expenses or charges in its financial history.

Oracle Power has in incurred Impairment charges on loans to subsidiaries and associates in the past; eg, £507,613 in 2024.

In 2022, the company also recorded impairment of debtors, £605,513 of unpaid amounts in the accounts.

The £605,513 sum owed to Oracle Power PLC in 2022 came from loans and financial advances the company had made to its subsidiaries and project entities.

Conclusion:

Oracle does not currently have a revenue stream.

Any potential revenue from Northern Zone won't happen immediately whereas the urgency for Oracle to raise will.

Do people really think Northern Zone will generate revenue by 2026 when the ML has been adjourned to July by court?

This doesn't leave much room for groundworks and lab tests even if they get granted the mining licence as speculated

It's not a lie if it is going to happen.

No company will wait until the last minute for a fund raise.

Also, I disagree with your anticipation of a cash flow by the end of 2026.

"Pay them no mind"

I wonder if you will say the same when the next placing hits

This is looking more like a massive aircraft carrier.

The UK sovereign defence vehicle carrying all the smaller tech start-ups.

A raid on 1.5p perhaps and then onwards and upwards from here?

It's sure looking more exciting with the recent updates.

Have you counted the cash burn?

Oracle is without a revenue stream.

Meaning money is only going out

I have always expressed my views and if you look back on my comments made at the beginning of the year, I have always doubted whether drilling could start this year.

With the ML taking so long and expected to go into July at the very least, there isn't that much time for the remainder of the year.

Judging by the pace these guys work. Next year would be more likely.

Perhaps you should ask the company why the ML has been adjourned.

I always found it unusual when the company came out to say that the ML is confirmed.

If everything went according to plan then I don't think they would have made that statement. I mean, why would they.

Back to the court hearing. Obviously there are unresolved matters otherwise why the need to push back dates.

And why would I be interested in what you have to say since you got everything wrong in your prediction of the share

TBT, can you please tell us why you have previously made the statement "don't get Lenigased" but now you have invested in this share?

I also expect a fund raise now that there are no foreseeable revenue in sight.

The Oracle cash balance lasts until early next year but no company will leave it until the last minute.

Perhaps TenBag should have taken his own advice when he posted on this board not long ago, advising people not to get Lenigased

I fully expect the down trend to continue until the ML is at hand.