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Oracle Coalfields in discussions to find a partner

Shahrukh Khan, CEO of Oracle Coalfields (LON:ORCP), tells Proactiveinvestors that having achieved all the milestones that the company laid out last year it's now moving into a "very critical" stage. Shahrukh explains that this year Oracle has to look at "all options" for financing. This, he says, may include a partner to enable the project to move forward. He considers the possibility of a listing in a second jurisdiction if it's the right thing to do.

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Price: 0.295 GBX

AIM:ORCP
Market: AIM
Market Cap: £4.31 m
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Oracle Power hails funding MoU with two chinese state-owned enterprises

Shahrukh Khan, chief executive of Oracle Power PLC (LON:ORCP), discusses with Proactive their memorandum of understanding (MoU) with two China state-owned companies to advance their lignite coal mine and power station project in Pakistan. The UK energy developer said the MoU with Sichuan...

on 22/11/17

2 min read