No more fund raises needed16 Apr 2026 08:03
REVENUE BY END OF 2026= NO MORE FUND RAISES NEEDED
Oracle Power (ORCP) is currently on the doorstep of its first significant revenue stream. According to the company's most recent updates in April 2026, here is the timeline for when they expect to start making money:
1. Gold Mining (Short-Term Revenue: Late 2026)
The most immediate source of revenue is the Northern Zone Gold Project in Western Australia.
• The Plan: Oracle has signed a "Right to Mine" agreement with MEGA Resources. Under this deal, MEGA funds the development and extraction costs, and Oracle receives a 50/50 profit share.
• The Timeline: CEO Naheed Memon stated on April 15, 2026, that mining is expected to start later this year (2026).
• Current Status: They are currently converting the project to a formal Mining Lease (expected in weeks) and just reported "exceptional" high-grade drill results (up to 71 g/t gold).