RE: Gold19 Dec 2024 11:42
Here’s an overview of the potential revenue for oracle power's major projects:
1. thar block vi coal project (****stan)
resource size: 1.4 billion tonnes of coal.
coal price: estimated at $50/tonne (global average for coal).
1.4 billion tonnes x 50 = 70 billion usd
oracle hold 100% of the thar block with a 30 year mining lease.
2. green hydrogen project (****stan)
production target: 55,000 tonnes of green hydrogen annually.
green hydrogen price: estimated at $3-6/kg (current global average, mid-point $4.50/kg).
55,000 tonnes x 1000kg/tonne x 4.50 usd/kg = 247.5 million usd per year.
30% of 247.5m is 74.25m
3. northern zone gold project (western australia)
gold resource estimate: 2.5 to 4.8 million ounces (mid-point: 3.6 million ounces).
gold price: current gold prices are around $2,000/ounce.
3.6million oz x 2,000 = 7.2 billion usd.
20% is 1.44 billion usd should the farm-in agreement goes ahead.
this is without the solar park and blue rock valley projects.
market cap is currently £2m
dyor