RE: Bad boards20 Jan 2026 07:25
Many people have been sucked into the hype without knowing what the company is about, and now, they are feeling agitated, and not accepting responsibility for their own investment decisions.
I made the exact same post last Friday, to give factual and accurate information, as this is what a bulletin discussion board is about, to discuss the company and stocks.
People dismissed a lot of information because it WASN'T what they wanted to hear, and now, they themselves need to hold accountable for their investment.
Meanwhile, here's a recap of the company for any new arrivals:
The split:
Strictly speaking, it's 80/20 split between Riversgold and Oracle.
Then it's another 50/50 split from the 20% between Oracle and Mega.
So Oracle will only receive 10% of whatever potential find.
Oracle projects & running costs:
Oracle stated that the initial phase of the Thar Block VI coal and power development carried a gross project cost of about US$1.6 billion.
For the Green Hydrogen project, total cost is projected at about US$2 billion.
There's also the Blue Rock Valley project and other company expenses to pay.
Potential revenue Vs expenses:
The Northern Zone has a best case scenario of £600 million POTENTIAL.
Oracle's expenses is absolute, and as announced the Thar project alone will require $1.6billion.
The Northern Zone 10% simply isn't going to cut it for Oracle in the long run. Their expenses greatly exceeds any potential income.
The fundamentals:
15billion shares issued speaks for itself. Last checked Oracle only has about £500K and this was in June 2025.
Administrative expenses for 6 months is approx £280K.
We are approaching February 2026, it means that Oracle has only approx £200K left in the bank.
Any potential revenue from Northern Zone won't happen immediately whereas the urgency for Oracle to raise will.
It's clear as day what will happen next.