Member Info for Washers

If any other project connected with the Sheikh requires ORCP to have access to £45 million then the commitment by the sheikh will be ten fold.
Other than Thar VI not sure I would expose the company to that degree unless it is a sensational deal.

GLA

Not a spoiler, LOI will come just need a better base price to launch from. I do not want ORCP to follow other project this is the flag ship.
GLA

MADGEYBOY have you emailed those questions or just posting what you want answer to.

GLA

Someone with deep pockets and patience is buying 500k shares anytime there is a dip. IMO the frequency and price would indicate same buyer. Maybe Brandon buying back following a successful trade.
Time will tell. A RNS in the morning before AGM would be ideal.

GLA

Cheers Jimiam

GLA

Jimiam What lack of financial backing? Chinese going to fund majority of project and ORCP now have access to 45 million.

GLA

Good subtle response Jimiam and perfectly delivered. To suggest the LOI is priced in is basically highlighting the negative posters / traders are intentionally misleading people as their current approach is to suggest it wont happen.

You can't have it both ways.

GLA

Very important and reassuring. Everyone on board. As stated multiple times this project WILL succeed. Buy and hold for huge returns from these levels.

GLA

Date of Commissioning" or "COD means the date notified by Corporation as the date on which the Plant is ready to commence commercial operations.

GLA

PPIB website - CPEC pdf

Oracle Thar coal 'COD is targeted by Jun 2023'.

More evidence of reconsidered - bringing COD forward.

GLA

The PPIB has also suggested that since the commercial operation date of the 1,320MW Oracle Power Project, being a CPEC priority project, was 2027 and 2030 in two phases of 660MW each, it should be reconsidered keeping in view the latest demand-supply situation and other parameters.
This IMO means PPIB want the Oracle Power project completed earlier, this ties in with completion 2023. Further to the above paragraph the PPIB state:

Priority to Thar coal

It has also recommended that projects based on Thar coal be given priority due to the cost reduction aspect while considering candidature system of project selection as these plants would not only produce cheaper electricity but also reduce the overall fuel import bill. This will be a step towards self-reliance and sustainable development.

This is all very positive. PPIB want and need Thar to succeed with the continued support and financial backing of CPEC.

GLA

Good read huge project and we are in at the start

GLA

A few were moaning about communication with the board , you have now been given the opportunity to ask whatever you want. You won’t get a reply to price sensitive information but if you want clarification then it’s been given to you. Just email as per the RNS by 15th

GLA

Big buy 2.417 million @ 0.906

GLA

At these low prices like before, good trade for them.

GLA

Initial dip over bid rising let’s see where we are this afternoon. Funding needed and obtained. More news to be released in relation to additional projects.

GLA

Blimey didn’t expect that so soon. Puts us in a very strong position moving forward.

Well done ORCP

GLA

I'm hoping for 5p on funding confirmation, takeover in the future will be a lot, lot more. No rush.

GLA

This is the news that we should be focusing on, the sheikh has purchased 5 x the amount Brandon's sold today. Two very different TR1 but the greater impact has to be the Sheikh.

GLA

He could have at market price but I was referring to the warrants 100 million.

GLA