Oracle Power Share Discussion Threads

[cudmore] 22/2/2019 08:51

SKIN news imminent! Massively under valued. Watch it fly!

[marbill73] 21/2/2019 21:37

Web rns 7am tomorrow folks licence approved for a further two years good luck all, got my fingers burned here today.

[marbill73] 21/2/2019 21:37

LICENSE APPROVEDSee agenda item 14Brief discussion and Board requested clarification that the required hub document was signed, but other than that, the license was quickly approved.Excellent news. I now expect to see a 7am RNS tomorrow.

[turbotrader2] 21/2/2019 15:29

Wow what a great RNS

[cudmore] 06/2/2019 13:01

SNT.....big news coming next week

[glenbo1] 06/2/2019 08:46

What RNS??

[jasonavfc19] 06/2/2019 08:26

Solid buying again this morning. DYOR

[jonnyfro] 05/2/2019 08:27

Yes I've taken a position here as well.
Backed by PowerChina
A resource larger than the oil resources of Saudi and Iran
A new very well connected CEO
Permit to mine
Mine to be operational by June
Share price at all time lows
50% of shares tightly held
6m mcap

[novicetrade68] 05/2/2019 00:06

Despite not keen to go into another coal to power play share (other being NCCL) I did buy in here recently because of the change in management. Googling Ms Naheed Memon is interesting as it seems she really is someone of stature and now happens to be the CEO of this company, as well as Executive Director.

The fact that the partners have agreed up to $2.5m pre-development funding and can make more available is interesting too imo and raises the question whether Khan would have ever been able to pull-off something like that. All in all it does give a more expedient impression despite the usual risks still.

[targatarga] 29/1/2019 08:38

tenapen - if you'd earnt what Khan had for the last eleven years you'd have done well. He's played the long game perfectly. I doubt very much if he'd ever planned to develop the coal. Just keep taking the salary Khan.
If you'd like to look at another company run along similar lines it's 8pg. Main difference is Zaf who runs it has made some bad decisions and taken a lot of money from the business [expenses etc].

[tenapen] 25/1/2019 09:40

Please do and enlighten me

[targatarga] 25/1/2019 09:32

tenapen - you could argue he's done very well! imho

[tenapen] 25/1/2019 08:28

Mark Steed, Chairman of Oracle said:

"This fresh assignment of duties will ensure the Oracle Board is best positioned to monitor and subsequently execute the steps required to bring the Thar project to financial close. Shahrukh Khan has done a remarkable job in developing Oracle to its current position. He has built a solid foundation for the Company and will continue to be instrumental in setting strategy and working with Ms Naheed Memon.


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Khan as done nothing except raise new money to pay his high wages. Eleven long years since Oracle floated on OFEX and what as he produced ? .... nothing. He should have accepted he was not qualified for the job ten years ago ! but when your getting paid c£550 per day with no presure to produce anything, I guess it would be a hard job to leave. After the last fund raising and the the battle to get the money from the Insitutions, the bod must have realised his credability or lack of, was a negative for the company.

I hope alongside his demotion his wage is also cut.

Khan got c£550 per day and has produced, NOTHING

[tenapen] 18/1/2019 19:06

from a earlier RNS.

tenapen
20 Dec '18 - 17:29 - 3457 of 3461 Edit
0 2 0
Project should .... help minimise ...... dilution to shareholders

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It was a nothing RNS designed to raise the share price in order to dilute on the coming BIG fund raising. Not my negative opinion but from thier own RNS.

[madmonkflin] 18/1/2019 15:45

Always sells down because people can't wait to get out. Never had any decent press coverage unlike GCM and this is a massive project. Ideally the Chinese will buyout the UK share.

[targatarga] 18/1/2019 15:26

down she goes....perhaps a few insiders managed to sell earlier!

[tenapen] 17/1/2019 18:29

.... and !

[tenapen] 20/12/2018 17:29

Project should .... help minimise ...... dilution to shareholders



Its taken them eleven long years and countless fund raises (to pay the wages) to get to a MOU.

When Khan gets over £550 per day wage, should you expect more ?.