Oracle Power Share Discussion Threads

[krystalklear] 27/8/2020 06:57

What's everyone's share price predictions when LOI lands?

[futuredlighter] 24/8/2020 13:13

not much longer

[dozyduck] 14/8/2020 11:46

Yet another lemming spike started on 'news' that is totally irrelevant to what counts for ORCP investors - namely the 'value' of their shares that they seem totally incapable of working out. (which would show no more than 2p per share - once power production starts in (if lucky)4-5 years time.

[futuredlighter] 12/8/2020 13:07

patience needed

[grosstonnage] 01/8/2020 11:10

A month ago someone on the AVCT board advised us to buy ORCP and to 'watch and learn'. I'm glad I ignored them. Look at the chart over the last month.

[futuredlighter] 28/7/2020 07:37

Waiting game here

[krystalklear] 17/7/2020 12:04

LOI imminent?

[dhoult12] 11/7/2020 21:42

Just to add my expectation is they will take their shares on any news and smash the share price to profit take. Doesnt make it a particularly attractive investment from a PI perspective. If someone has any examples of where they have held longer term would be most interested

[dhoult12] 11/7/2020 19:09

I guess for brandon being the broker they got a fee for each raise. Thus incentive to challenge is reduced as long as there are takers for the shares

[tenapen] 11/7/2020 18:47

It was Brutal,
If they raised £500k for example, It was possible to add thier collective wages together add say £20k for working capital, and you could calculate when the next fund raising would be within a margin of error.

I hope Ms Memon can work some magic and move it forward.

[dhoult12] 11/7/2020 18:24

Ah. Odd one. The dilution over the years has been impressive. Was a small holder but got out around 2017. Always followed it to see if it will happen as belive in the project. My fear with latest "institutional investor" is their reputation.. Will wait to see how they get their 1.5m out

[tenapen] 11/7/2020 14:32

should,
Sorry for the late reply.

Brandon hill for one but all of the other large holders who like me, would not have been able to get out, when it became obvious that Khan and the bod were out of Thier dept with the project, so they decided to milk it for as long as possible. Ten long years of fund raising just to pay their Fat Cat wages.

[dhoult12] 09/7/2020 21:12

Which institutions? The new one in this wont.

[tenapen] 09/7/2020 19:41

Oracle's first licence was at Indus East, a regular coal mine. With that licence the company launched on Ofex. Soon after they got the licence for Thar, and the rest has been painful to watch ...... As Khan and the six man board, took fat cat wages, for doing nothing. It still amazes me how the institutional shares holder let them get away with it for so many years.

[iamgreat1] 09/7/2020 12:30

Death spiral finance Beware

[zen12] 09/7/2020 08:20

Good summary there..kibo a bit far stretched though!

[andymunchkin] 09/7/2020 08:20

.20 stillOn the whoriZone

[lurker5] 09/7/2020 08:00

The poor things just don't understand. These ctp companies have to dilute their shareholders to kingdom come - and then only end up with a small proportion of the power project. Oracle is repeating Kibo's mistake. Trying to run before even learned to crawl. No income from power for many years to come. Meanwhile dilution dilution dilution to pay for planning and keeping the lights on. Talk of 'nearer-term' projects is to allay fears of the foregoing on the part of the knowledgeable. But they will involve their own dilution.

[grosstonnage] 07/7/2020 07:36

can't argue with that

[andymunchkin] 06/7/2020 10:37

DumpIn fullSwing I’ll voteFer MsMemon. IsTht ferDinerParty?