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Oracle Coalfields ( (GB:ORCP) ) has provided an announcement.
Oracle Power PLC reported a loss of £267,715 for the first half of 2025, a slight increase from the previous year, as it continues to focus on developing its projects without current revenue. The company made significant progress in its Northern Zone Project in Australia, advancing towards a mining lease and forming a joint venture with Riversgold Limited. In Pakistan, Oracle extended its LOI for a renewable energy power plant and strengthened its position in the green hydrogen sector, with its CEO joining Pakistan’s National Hydrogen Working Group. Despite financial losses, Oracle successfully raised funds and continues to develop its projects, demonstrating investor confidence.
More about Oracle Coalfields
Oracle Power PLC is an international natural resources project developer, focusing on resource development projects in Australia and Pakistan. The company is involved in various sectors including gold mining, copper and silver exploration, and green hydrogen and renewable energy projects.
Average Trading Volume: 529,554,379
Technical Sentiment Signal: Sell
Current Market Cap: £2.5M
For a thorough assessment of ORCP stock, go to TipRanks’ Stock Analysis page.