Member Info for Zesty514

The mining licence will shift Oracle from explorer to producer, allowing institutional investors to buy in too. Looking forward to the re-rate...

Roll on 2 April, timing is absolutely perfect if licence gets approved👌🏻

Art123, the MRE is not a pre-requisite to start mining in this scenario. MEGA have said they will begin mining as soon as the licence is approved. I believe the MRE will still be produced at some point but there's no specific timeline for it.

This should speed up the railway completion. It would be great to get an update on this from Oracle

You are right gold bug and I had green boxed the paid shill once before. Have filtered for the second time and good riddance.

Mining licence is weeks away now, not long to wait. GLA

God you are desperate SM, the JORC/MRE issue has already been discussed publicly by Mega themselves. As part owners of Riversgold, Mega do not require an MRE to start mining. They have seen enough from the drilling results to know a shallow pit mine will be instantly profitable.

Yes it's a normal requirement for explorers to prepare an MRE before a miner will touch it. But if the miner is happy to proceed without one then that's fine too.

Your desperate scaremongering ignores the facts of the situation, which are already public knowledge.

"For the 50th billion times, revenue is speculation until it happens"

These words of wisdom came from the same prophetic pie-hole that recently proclaimed the mining licence was already priced in. Stock weirdo really hasn't got a Scooby-doo. Saddo

Yes when there's a global conflict affecting oil prices, volatility in stocks is normal. Stop being a K-nob end

Yes, it's standard stock market volatility due to geopolitical events. Nothing to get your knickers in a twist

Another bloodbath for stocks today, but Oracle held up well again.

2 April approval for mining licence is perfect timing for new ISA allowance too

Q2 is less than a month away now

They have already started preparing the ground. Mining licence approval is imminent. And imo we will see gold coming out of the ground in Q2. Just my opinion, based on speed things are developing.

Lots of stocks down today, but ORCP isn't one of them. Everyone knows this will pop when mining licence hits any day now.

UPDATED MY OPINION TO STRONG BUY!!!

Do you really think Afghanistan has the ability to take out infrastructure deep inside Pakistan? There have always been border skirmishes between these two, it won't make a jot of difference to energy sector investment in Pakistan. Absolutely clutching at straws with that one

Oracle Power is advancing a major 1 GW solar power project in Pakistan's Thar Block VI, partnered with PowerChina, alongside plans for a 1.32 GW coal-to-power project and a green hydrogen initiative. The company is actively developing these projects on its 30-year mining lease area to boost Pakistan's energy supply.

Oracle Power

Oracle Power

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Key Updates on Oracle Power’s Thar Projects:

1 GW Solar Plant (Block VI): A合作 agreement with PowerChina exists to build a 1 GW solar PV plant, aimed at generating ~1.7 TWh/year using approximately 1.5 million panels.

1.32 GW Coal Project: A separate MOU for a 1.32 GW coal-to-power plant is in progress, designed to utilize the 1.4 billion tons of lignite in Block VI.

Green Hydrogen/Renewables: The company is pursuing a large-scale green hydrogen and ammonia project.

Project Progress: As of mid-2025, Oracle reported positive progress on its Pakistan projects and began talks with potential buyers for its mining license at Thar Block VI.

Community Concerns: Local communities have raised concerns about water scarcity and land rights, though project developers have committed to using water-free, robotically cleaned solar panels.

Oracle Power

Oracle Power

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The Thar Block VI project is part of the China-Pakistan Economic Corridor (CPEC) program, aimed at alleviating Pakistan's energy crisis.

Oracle Power

Oracle Power

+1

Cheers StokieGuy, I have seen this on the website, but how is Oracle planning to monetise it. How do shareholders stand to benefit and what's the expected timeline? This isn't very clear

What is the deal with Thar? There isn't much detail on the Oracle website, only that a railway connecting the mine to a port was meant to be finished by December '25. What are investors here expecting to happen next?

Just because Riversgold secured more land, doesn't mean Mega will want to mine there. Focus is the Northern Zone project and the extra land around it has been secured to support mine development and road access. Oracle has no extra costs for any of this, and we get 10% of any gold produced. Win win

Nothing better than buying an undervalued stock, knowing it's going to re-rate within weeks - months at most!