Member Info for Washers

Well that should quiet the negative poster. This is an absolutely massive project and we are in at ground level. Naheed is doing a great job. The SP will take care of itself.
All positive and momentum building.

GLA

Exactly Spot on JJ1966 this is progress.

GLA

The PPIB meeting has finally got this project moving forward.
The LOI is the next step.
From RNS;
As previously advised, the Consortium's presentation to the PPIB formed part of its LOI application and is considered by the Board of Oracle as one of the final steps in the award of the LOI. Further updates in respect of the timing, and next steps required, with regard to the issuance of the LOI will be made in due course as and when appropriate.

I’m very pleased to see the change to the PPIB website, to me it shows the level of support at the meeting was sufficient to get the ball rolling.

Our waiting is almost over IMO. Some traders are panicking let’s hope for a 7am update Monday.

GLA

Someone buying on the bell. Need a few more to finish the week blue.

GLA

That is a very positive article thanks for posting.

GLA

Was that the purpose of the PPIB meeting to give green light?
Momentum could really kick in if that’s the case.

GLA

The SP will be static or boom certainly not bust.

LOI is the catalyst to a very healthy SP and maybe the meeting will have the desired effect.

GLA

Surely transformational news is upon us. As many have said there were some influential people at the PPIB.
Time to surprise shareholders with a RNS confirming the LOI.
Naheed keep the pressure on.

GLA

Hopefully ORCP will be in a position to get the SP much higher soon, lets get them converting between 1p - 1.1p YA have already done £600k in a month so they will be gone soon enough.
I am not concerned about the £45m the number and time of subscription are at the sole discretion of Oracle.
The price will still be a gift though.
Lets hope for a blue day and the news ORCP are looking forward to sharing in due course. The key words in that tweet are 'looking forward' will be positive.

GLA

Conversion 0.638 I think that is the highest so far.

GLA

Conversion RNS Down to £900k we are getting through conversion fairly quickly.

GLA

It was poorly written. It is clear that we are progressing however you need to spell it out for the market to respond. The occasional positive tweet isn't sufficient.
We all know this will be transformational for Pakistan and ORCP but a better written RNS would have seen a very positive day IMO

GLA

The RNS clearly goes against what you are saying.

RNS: Further updates in respect of the timing, and next steps required, with regard to the issuance of the LOI will be made in due course as and when appropriate.
ORCP should clarify’ next steps’ whether these are expected by us or PPIB.
ORCP should have stated everything required for LOI has been provided we await decision. It doesn’t say that and now 15% down rather than 50%+ up

GLA

iii are a joke so many of you buying at 0.68 first quote I get is 0.742
Will wait as got loads already but would have topped up if given the same prices as other.

GLA

iii won’t let me average down only sell so hopefully a good sign that this will turn again.

GLA

Hoping we get an unexpected RNS this week stating all steps now completed LOI issued.
Maybe a Tweet clarifying the ‘next steps required’ stating ORCP have done everything required and awaits issue of LOI

Anything to support SP would be gratefully received.

GLA

0.7444 to buy it was clear the negative impact that lacklustre RNS would have on the market.

GLA

Sell 0.709 buy 0.7849 10% spread.

GLA

From RNS Further updates in respect of the timing, and next steps required, with regard to the issuance of the LOI will be made in due course as and when appropriate.

what next steps? The paperwork was submitted in March. I was not aware that this meeting was a requirement as part of the LOI application until the we received the previous RNS.
What steps are now required ORCP could elaborate.

GLA

No further forward, disappointing RNS. Let’s hope there was more reassurance given during the meeting than that RNS would suggest.

GLA