Oracle Power Share Discussion Threads

[tenapen] 16/9/2016 16:15

GREAT reply :-)

Have a good weekend.

[arab3] 16/9/2016 14:55

no rush tenapen
he is still getting paid !

[tenapen] 16/9/2016 14:40

He can still drag it out !

“There will be a lot of news flow on the subject. Now is; however, not the appropriate time to disclose these details,” Khan told The News on Thursday

[czar] 16/9/2016 07:53

www.thenews.com.pk/print/150164-Oracle-coalfields-selling-70pc-stakes-to-Chinese-consortium#

[tenapen] 06/9/2016 18:34

:-)

I could realy do with the money back.

[arab3] 06/9/2016 16:24

getting closer tenapen !

[tenapen] 17/8/2016 18:59

WOW we have 3p.....only 7p further to rise and i am out

:-)

[tenapen] 19/6/2016 13:01

Everyone as their own opinion Medved5, but I see the Chinese as the only drivers to get this project moving. I do not just see them as vital as regards the funding, but more importantly, getting the mine up-and-running and producing a return. Khan and the bod are hopeless and have been happy to claim their wages week in week out and with Bruce Rowan's backing, they have got away with it so far. As we know, you do not mess with the Chinese and if they see weakness in ORCP and take it out good for them as without them (the Chinese) the project would never start anyway !.

[tenapen] 18/6/2016 09:29

Not sure when they updated their web-site !.

[tenapen] 17/6/2016 08:33

The markets do not like it !. I thought positive myself, but I know nothing.

[maccamcd] 06/6/2016 13:16

Any topping up today?

[tenapen] 05/6/2016 08:29

So Backmarker, so you just roll over and take it !. Even though you got sucked in on the last RAMP you are not prepared to warn others that ORCP as been used as a gravy train in the past and with no date to start digging the coal out, any rise now wil be sold into quickly as this will be a year or more before it starts making money.

Sue, Talking about selling to a mine rather than a cement works is a far cry fro going to the expence and time of building one.

[arab3] 04/6/2016 21:44

mac ??????????????????

[backmarker] 04/6/2016 21:39

haha,

I've been holding ORCP since it came out and RGM (or was it RRR) took a stake and we all thought it was going to be a tenbagger.

I haven't been following this board in ages, but it doesn't surprise me that it still has people moaning at the board's actions etc., etc.

having suffered battering and bruising from trying to play the AIM market - though not for a few years since I became (I hope) a bit wiser - it is clear that unless you are close to the board or have a (possibly illegal) source of info, the best you can hope for is a few crumbs when finally a shares does go up. (The worst is that the directors carry on paying themselves handsomely in the bad times while using an outfit like Yorkville to raise more cash and dilute your own shareholding to almost nothing.)

having held ORCP when it fell so low it wasn't worth selling I am now just pleased that it looks as though there is at last a small chance that I might not only get my original investment back but might even turn a profit.

I'm not holding my breath, but I know that moaning at the board ain't going to help this happen. one just has to accept that AIM is bandit country.

[arab3] 04/6/2016 21:37

when did you first buy in here mac ?

[maccamcd] 04/6/2016 21:26

Market cap is around £30m, the project is worth over a $bn?.. we own 30%/ Chinese 70%.. must be a good punt at this valuation and longevity on the journey.
surely the right type of valuation with all of these ticks on a project is around £100m in my humble
I bought more friday to top up.. so my money is where my mush is.

[saucy sue] 04/6/2016 09:19

Tenapen Back in 2011 ORCP was already in discussions re a potential power station. Selling (transferring) coal to that always was likely to prove better business than to cement manufacturers and others. These options take time to come to fruition. To ignore that the Chinese are now signing up is silly. In any case the drop in coal prices meanwhile has forced others to look to mine-mouth stations instead - and a good idea it has proved to be, with the relevant governments backing and the Chinese jumping in offering their expertise and money. Its the name of the business game to adjust your plans when circumstance change. I suggest you look at the other similar projects and note how they are all now getting close to ORCP's position after changing their strategies for exactly the same reason.

[tenapen] 04/6/2016 08:12

The Best Question,

maccamcd
3 Jun'16 - 15:40 - 3313 of 3326 0 0

Boom! What's this mean for us uk equity holders?



------
Any of you bod backer know the answer and will to tell ?.

[maccamcd] 03/6/2016 21:34

Apologies! Just trying to lighten your mood