Member Info for Welshshark

£2/£25m bound

2000bopd@$40 profit per barrel=£20m per year,30million barrels current mkt cap£12.5m,takeover makes sense here at around £2.50-£3per share £40-45m

Takeover??

Even paying dividends mkt cap £12m and about to produce 2000bopd

Can’t go wrong here 2000bopd mkt cap £12,will be making £20m profit year very soon and mkt cap £120m/£10per share

Intresting one

bound to be another soon

most of the company have changed hans today??

Around 10p imo,bargain for someone and very happy shareholders going on today’s share price.

Should see 2p no day

Oracle Power PLC (AIM:ORCP), the UK energy developer of a combined lignite coal mine and mine mouth power plant located in Block VI of the Thar desert in the south-east of the Sindh Province of Pakistan (the "Project"), announces that together with its consortium partners, the two Chinese State-owned Enterprises: Sichuan Provincial Investment Group Co. Limited ("SCIG") and PowerChina International Group Limited ("PowerChina"), (together the "Parties") it has submitted to the Private Power and Infrastructure Board ("PPIB"), the regulator of the Pakistan power industry, a proposal to build, own and operate a private power plant in Pakistan of 660 MW (the "Proposal"), as the first phase of a 1,320 MW project.

lp 1.60-1.76 tick by every trade

going over 2p today

Upon completion of the acquisition, Oracle will have 100% ownership of the Pakistani operating companies for both mining (through SCEL) and power (through Thar Electricity (Private) Ltd). This was one of the key outstanding requirements of the Company's potential strategic partners, with whom the Company has entered into a Memorandum of Understanding for the funding and development of the US$1.6bn project, as announced on 21 November 2017.

flyig lpn1.55-1.61 dont think the market realise how big this is...

1.5-1.61 market waking up to this monster

http://www.proactiveinvestors.co.uk/companies/news/189941/oracle-power-tidies-up-ownership-of-coal-mining-lease-in-pakistan-189941.html

Upon completion of the acquisition, Oracle will have 100% ownership of the Pakistani operating companies for both mining (through SCEL) and power (through Thar Electricity (Private) Ltd). This was one of the key outstanding requirements of the Company's potential strategic partners, with whom the Company has entered into a Memorandum of Understanding for the funding and development of the US$1.6bn project, as announced on 21 November 2017.

im in this should be 6p/�60m easy

and how much cash do they have??