Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
CP13, if good news on both fronts (loi and gold) then i hope we are worth more than £40m (2p).
Excellent RNS, still confused why market has not reacted.
If both, gold and loi news is delivered then who knows we could be topping double figures,
https://www.youtube.com/watch?v=CKeegMs7cgI
Very good interview. She seemed very excited but couldn’t release/say market sensitive info.
Timeframes and Deadlines doesn’t bode well with both, Orcp and Naheed. Absolutely ridiculous!
In Pipeline too. Fingers crossed theres further development soon.
All you need to know can be found on the oracle website or the following presentation http://www.oraclepower.co.uk/wp-content/uploads/2021/02/Oracle-Corporate-Presentation-Q1-2021.pdf
Gross project cost of US$ 6-8 billion to be funded under CPEC with debt equity ratio.
Sells are being bought into, so thats a good sign.
Plus what ever we get from Gold, Nickel
Spot on Lord. $6m per day equates to $720k (12%) for Orcp.
Glad the fuse isn’t!
I like this bit from the 10th Dec rns, geochemical sampling completed to refine the targeting model applied to test the gold and nickel potential - results from the laboratory expected in the coming weeks. Hopefully further news in next few weeks.
The change of the COD date on PPIB is correct. If you email St Brides you will/should get a similar response to what I received. ....... “The change of COD from 2023 on the PPIB website has brought the timeframe in line with our own. This website correction was perhaps overdue however we are pleased to note that development now broadly mirrors the timings as foreseen by the Company”.
Anyone else struggling to buy at full ask?
That would give us a market cap of £25-£30m. Me personally, i can see it going much higher.
Adamadd, thought you had sold your holding.
Firstly, Its actually £90k + 42m shares. Secondly, it is not always the case that an existing businesses ends up buying a businesses with similar product, it all depends on your contacts and how well you can negotiate with the vendor. Thirdly, its not wise to say why a drilling company did not pursue such a commercial gain, otherwise you would end up with an unstable interests. It’s like saying why doesn’t a local builder end up buying all the cheap properties that become up for sale! Only my thoughts.
Nice to hear from you Hfb. Very informative post as usual. Was talk about hitting 3p post loi, , would you say that is still the case, now that we are talking a complete package? Or are we looking at a potential higher baseline?
I really hope so too. The lack of news/announcements from the company is frustrating.