Oracle Power Share Discussion Threads

[andymunchkin] 23/12/2019 11:50

BiggieSels goneRtrough nowNtSels only

[costax1654x] 23/12/2019 11:42

2p today,hard to buy

[mcrudden] 23/12/2019 11:22

Ho ho ho the trolls are in overdrive, Santa has arrived

[andymunchkin] 23/12/2019 11:20

NevrTrustGhosty

[andymunchkin] 23/12/2019 11:19

FalinDragger

[andymunchkin] 23/12/2019 11:18

OnlyWayis doonInMatoon yaLoon

[andymunchkin] 23/12/2019 11:17

WatchDumping

[mcrudden] 23/12/2019 11:13

Hope andymuchs team have closed now their shorts.....Merry Christmas ho ho ho

[inayatk] 23/12/2019 11:12

Well called

[bmwman3] 23/12/2019 11:02

Holdings RNS

[lurker5] 23/12/2019 10:52

About the only sensible question ever on the other side. But brushed aside/misunderstood as usual by the deluded.

cqcombat, Posts: 52, Price: 0.925, No Opinion


"How is future development funded Sun 12:55

If the development gets approval and funded then this is surely a no brainer. My question is who supplies the funding? ORCP may be a partner but currently a small percentage of a JV. Why would other partners pump in millions to get this going and allow Orcp to reap their rewards. Surely they'd want Orcp to invest or perhaps reduce their share? And how would Orcp raise funds: issue millions of shares at peanuts? All good for them but that dilutes current holders. Or can they raise funds other ways. Or do they not raise funds and stick with the current set up? Just curious....."


The answer is Oracle has to fund its own 'share' - ie 12% - of the equity. It will be credited with work done on the project which its balance sheet shows is around $4m. Probably 50% more as a 'developmen premium'. But still leave a big c $48m (less $6m) to be found from shareholders. After repaying the 75% project loan, what's left to be divided is only a fraction of what the NPV would suggest.

So Casper and his idiotic ramping (and anyone following him) should p[ipe down.

[the patient investor] 23/12/2019 08:27

"1.35p by midday"

[jackjackpaul] 20/12/2019 18:34

Must belong to you're family then


BIGBARRY20 Dec '19 - 16:26 - 4562 of 4563
0 1 0
Its a country full of crooks, ruled by bigger crooks.

[andymunchkin] 20/12/2019 16:28

bb urekon .1 or .2 or .3?

[bigbarry] 20/12/2019 16:26

Its a country full of crooks, ruled by bigger crooks.

[queenvic] 20/12/2019 16:18

0.90 to BUY

[bmwman3] 20/12/2019 15:43

Should rename yourself Big Bo!!ocks because that's what you talk