Oracle Power Share Discussion Threads

[krystalklear] 12/3/2020 10:22

Bought back in, bargain time.

[jayminpatel1] 12/3/2020 10:16

Looking at going much lower here

[dozyduck] 12/3/2020 08:41

Carbon Tracker today says cheaper (and getting cheaper) to build wind farms than coal stations. With Thar VI still a long way away there's time for Pak govt to change their minds. While some coal power might be needed for base load, (already there in Thar II and Engro's gas plants) there must be a lot of wind and space in the vast Thar desert for all the wind farms they'll ever need - and closer to consumers too. If so, the coal mine might not be efficient enough by itself to even supply the fertiliser project.

[iamgreat1] 11/3/2020 16:04

No point trying to buy this now No news until mid year That is an eternity in aim

[dozyduck] 11/3/2020 09:25

We now know Thar block II power (exact same as Oracle's Block IV, which came on stream in July) cost was $1.9bn. THat was 5 years before Oracle's likely build so will be well over $2bn. Shows Naheed hasn't a clue about the real cost and shows how early and uncertain a stage is planning for it. Means Oracle will have to raise at least $60m from shareholders even without corporate costs, or to start fertiliser scheme. Its why no institutions will go near these shares yet and why Brandon Hill will keep taking the profit that the excitable infant ignoramus Casper over there has given them.

[dozyduck] 11/3/2020 08:28

No further REAL news until financial close at least 2-3 years asway, Until then its all fluff and routine. (And puffery by the co)

[krystalklear] 11/3/2020 08:15

This is going to drip drip drip back to lows.

[iamgreat1] 11/3/2020 08:11

That's it then drop back to lows

[jackjackpaul] 11/3/2020 07:41

No further news expected till around mid 2020 as per todays RNS.

Not great and will kill momentoum and any rise.

Investors want regular updates in this market

[dozyduck] 09/3/2020 12:18

Ah'm aware of same Bull ! - but some might want to know when unwarranted sentiment will run out !

[moneymachine2] 09/3/2020 12:07

Could be rampers bailing out.

[bullrun1] 09/3/2020 12:01

Sentiment Is a big driving force in the AIM market, surely you know that...

[dozyduck] 09/3/2020 11:27

Astonishing the lemmings over there think a LOI will spur the shares. They even ignore the overall timelines posted showing at least 2 years from now before financial close - the only time a stab can be made at value per share - and another five years after that (3 years construction + 2-3 years building up profits) before the jv establishes its income, and another 2 years after that before ORCP gets any cash by way of dividend. Even that is optimistic, because we're told the Chinese haven't even been on site, which is necessary before they can even start to evaluate the power plant economics and the cost of the project, leading to tariff submission and every other step. LOI is a very small step in a series of bigger ones. In fact it is the necessary first step before anyone will start spending money on the preliminary investigations and planning to establish the costs, and the biggest is an economic study (PEA at least, BFS more detailed and cosytly) on the combined power plant and mine. There's nothing so far on the plant, and the one on the mine was in 2012 so we don't even know up-to-date costs. A full PEA or BFS (necessary before a bank will put up a loan) can take over a year and cost $2-3m.

[bullrun1] 09/3/2020 10:33

Hahahahahaha.. ohh dear andy.. your such a simple jack..

[andymunchkin] 09/3/2020 10:23

PostGhost selling .25will be inA jiffy. UKeep onBuying mrBullshiiit

[bullrun1] 09/3/2020 09:58

No its not, the whole down at least 10% muppet. LolGet back to cleaning windows..

[bullrun1] 09/3/2020 08:15

Its the general market algorithms imo..

[herb clark] 09/3/2020 08:05

Why the massive drop

[jackjackpaul] 09/3/2020 08:03

. see this back at 0.5p again

[ssrover] 09/3/2020 01:18

no other share to make money apart from #NCYT right now