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Oracle Power PLC

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Market:
AIM
Market Cap:
£7.25 m
Price
0.47 GBX
Change
19.23%
52 weeks high
0.94
52 weeks low
0.19

In brief

Oracle Power (“Oracle” or “the Company”) is an AIM-listed coal developer. The Company’s primary interest is the Thar Coalfield Block VI area located in the Sindh Province of South East Pakistan, a 1.4bn tonnes resource with a 529Mt JORC mineral resource and 113Mt JORC proven reserves within Phase 1 of the mining area of its mining lease.

 

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Snapshot

  • Developing a coal-fired electricity plant in Pakistan

  • Has govt support for indigenous coal-fired power generation

  • China Pakistan Economic Corridor has Thar on the priority list of projects

  • Partnered with Chinese groups Beijing Jingneng and PowerChina