Share Name Share Symbol Market Type Share ISIN Share Description
Oracle Power LSE:ORCP London Ordinary Share GB00B23JN426 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 1.60p 1.55p 1.65p 1.60p 1.60p 1.60p 0 07:48:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.9 -0.1 - 16.92

Oracle Power Share Discussion Threads

Showing 5276 to 5296 of 5300 messages
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:-/ A whole new meening to Jobs for the Boys ! .... or should that be ...... keeping it in the family !. + More dilution.
IMHO ..... Not a chance. I bought over seven years ago at 3p per share. No comment that the share price as fallen in that time, it happens. But there as been a six man board on big wages and what have they produced .... Nothing. All they have done is raise many millions to pay the wages. Seven Years and Nothing. dyor Edit; share certificate issued 18/08/2010
Is this company gonna come good
More dilution ... with the high wages these clowns take for producing Nothing ! there will be many more fund raiising to come. lurker5 31 Oct '17 - 17:49 - 3407 of 3415 "Sharukh may well have been trousering too much. But so what ! "
And to you also Backmarker, I hope you have had a good time. You did good getting out and if my 30k were not in certificate form i would have sold years ago. Instead i will hold to the spike .... if it ever comes ! and if not i will continue to vote the bod down at every opportunity. Best Wishes for 2018
season's greetings to all. thought I would check out how ORCP is doing. so glad I decided to call it a day here those months ago. I didn't have much in, but at least I salvaged something. ORCP may yet have its glory moment, and Khan will want to make his stake worth something. but I wonder just how much influence ORCP now the Chinese big boys are in the game, and what profit ORCP can squeeze. the simplest thing would be for them to just take ORCP out of the equation, it won't cost them much, less by the day.
.... further to fall !!!! . Khan does not care as he is still trousering cira £550 a day for producing NOTHING. "but so what !"
Almost a member of the 1p club!
... and the sellers keep on selling lurker5 31 Oct '17 - 17:49 - 3407 of 3408 0 0 Sharukh may well have been trousering too much. But so what !
lurker5 31 Oct '17 - 17:49 - 3407 of 3408 0 0 Sharukh may well have been trousering too much. But so what ! ------------------- Today is your answer as the share price falls ..... 'trust' The deal was better than i thought they would get as the Chinese are no fools in business ! Seeing that Oracle had no plan B and come to think of it, for the last ten years they have not had a plan A, I would have expected them to squeeze tighter. Trust; the selling today tells us the long suffering share holders have no 'trust' that Khan and the rest of the bod will raise new money's on the promise of the next venture, only to see the bod still 'trouser too much' as they take many years to find the next investment and the shareholder get diluted to zero. But so what !.
UPDATE ON MEMORANDUM OF UNDERSTANDING AND SIGNING OF CONSORTIUM AGREEMENT ·     Memorandum of Understanding, currently agreed in-principle, ("MOU") expected to be signed in November 2017·     Consortium Agreement ("CA") signed·     Oracle to retain 12.1 per cent equity stake in flagship Block VI Project·     Sichuan Provincial Investment Group Co. Limited to take 78 per cent Equity Interest at the project level·     PowerChina International Group Limited to take 9.9 per cent Equity Interest at the project level·     The gross cost of the project has been previously announced as being approximately US$1.6 billion.  The MOU anticipates a debt: equity ratio of 75:25  
tenapen I've also been following ORCP since float. I've never rated Mr Conrad. He's disappeared from the market I think, along with what could always be foreseen were his flimsy duds and his infant judgement. But he was wheeled aboard when Thar was only a gleam, and solid brokers weren't interested whereas they are now. You have to realise these projects take immense time to plan and develop - through all sorts of fluctuations in politics and market conditions. Its why the shares never get near to recognising full potential value. But more recently I think it IS the waxing and waning of Chinese promises to fund, that is the problem. Kibo and NCCL have never admitted it, but it seems it is withdrawal (or rather non-confirmation) of promised Chines funding (due government restrictions imposed early this year) which have caused delays for them. Whether Thar is in a better position I don't know. But it doesn't seem sensible for long term watchers to walk away now. Sharukh may well have been trousering too much. But so what !
lurker5, With all due respect you should take some time to read past RNS's and the posts on the many orcp threads. ORCP launch on OFEX in 2005/6 with S Khan and Conrad Windham as joint founders with the backing of Bruce Rowan. C Windham did not stay long but we have never seen a RNS saying he as sold down his shares so he must still have a interest ! ORCP came to the market with a licence to mine Indus East but befor that could start they got the licence for Thar. The Chinese had already drilled Thar and all Khan had to do was fill in the gaps of the Chinese results and get the JORC. This was pre 2007 / 08 crash and rather than go head strong for a deal, Khan started his tinkering or deliberatly delaying the project IMO. They had all of the information for a deal but Khan decided to commision Dargo (!) to see what extra coal could be extracted if they had a steeper slope to the open cast mine. On this news C Windham stopped posting his thoughts here. Not long after, the crash happened and we were goosed, but not Khan and the rest of the bod all 7 of them they kept getting paid and even gave thenselfs a payrise or three. Ever since then Nothing as happened apart from Fund raisings and bod payrises. What grinds most with the payrises is that Khan and the others are so hopeless they have to pay third parties to raise Chinese money and giving seats on the board to people who can do their jobs better than them. I said many years ago that Khan was out of his dept with Thar so he should own up and leave, rather than take out c £550 a day in wages, week in week out. I could go on but you would be better reading back yourself. Regards
Other (please specify)(iii) : sold shares for Generali Ambition X ---- The big guns are starting to sell ! Well they did expect the deal to be complete in the month of October and with only two working days remaining it looks like another date is missed !. MOU terms are being finalised and it is anticipated that the MOU will be formally signed during October 2017
£1,000,000 to cover wages untill / if the financial deal get signed off. Nice work if you can get it
Hi backmarker, A well timed exit :-) It isn't intriguing, its called grasping as straws. After a year of paying a third party Chinese company to find someone to invest, that failed, so they started giving seats on the bod in return for contacts. That certainly asn't worked so now this. They do not reply to my emails but if someone would contact Khan and ask him if he and the other clowns on the board have considered forgoing their wages until funding as been found !. It is plain to see they don't do anything for the money they get, so do the right thing and get paid for what you do .... NOTHING. Khan.... circa £550 in wages per day ... for what !
but ----- the loan is unsecured. so the most Brandon could do if ORCP cannot pay is sue, possibly leading to bankruptcy. as a large shareholder in ORCP is that what Brandon would want, unless it can acquire total assets of ORCP on the cheap. ORCP hasn't indicated how the loan can be repaid. obviously it can go to a bucket shop and raise the funds. or maybe it thinks by 12 months it will have secured other funding, or the share price will have risen so a fundraising will be less dilutive. its all intriguing, but ------- I'm glad I'm out !!!
So - they are basically getting a loan at a high rate with no way of paying it back! Does Khan have an interest in Brandon Hill?
too late ...... game over ! Oracle Power PLC ("Oracle" or the "Company") £1m Loan Agreement with Substantial Shareholder Brandon Hill Capital Limited
Targatarga, Do something about it. Send email to the company, come on here and raise points. The board are truly hopeless and a big waste of money. Khan is still pocketing c£550. a day / month in month out / year in year out, he is happy with the way this is going !. Do something about it, Get active. Khana Out
My thoughts on most of my bottom draw stocks is they'll probably get sold after my death! imho
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