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Oracle Coalfields

09:26 on 22/11/2017

Current Price 2.01p | Bid 2.00p | Ask 2.05p | Change -4.71%

Company Overview

Oracle Coalfields plc is a UK based company with coal projects in Pakistan. The Directors identified and are now developing Block VI of the Thar Coalfields asset with initial production targeted for 2014. The Company's Directors will continue to evaluate global opportunities for investment which have the potential to increase shareholder value, as well as identifying strategic partnerships for coal mining and production. The company signed Memorandums of Understanding (MOU) for an offtake of its coal, with both Karachi Electricity Company (KESC) and Lucky Cement. KESC is a public listed power company which intends to build a power plant(s) at the mouth of the Block VI Thar Coalfield in order to address the power cuts and load shedding in Pakistan. Lucky Cement is a public listed major cement producer in Pakistan.

Stock Details

Shares in Issue 911,783,126
Market cap £ 26.72m
Sector Mining
Indices FTSE AIM All-Share Index

Financial Highlights Year Ended 31/12/2014

Turnover £0.00 million
Operating Profit £-0.71 million
Dividend Yield 0.00
Dividend Per Share 0.00
Dividend Cover 0.00
P/E Ratio -24.42
» More Financials

Key Personnel

Shahrukh Khan CEO
Adrian Loader Chairman
George A (Tony) Philip Finance Director

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Price Summary

Mid Price ? 2.03p
Bid Price ? 2.00p
Ask Price ? 2.05p
Volume ? 0
Change Today -0.10p
% Change Today -4.71%
Open 0.00p
Previous Close 2.13p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 3.38p
52 Week Low 1.13p

Intra-Day Chart

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Broker Consensus

The above information represents a selection of the views and target prices published in the last 120 days by analysts in individual stocks. It is subject to change without notice and may not necessarily be the view held by Redmayne-Bentley.

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