The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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As the header says 🤣
Guess thats a new 52 week high then
Earl this feels like de ja vu
You were here last week and sent with tail between your legs.
Short story for you.
GCM have cash until May 2024
GCM proposal to gov March 2024
GCM proposal approved well before cash runs out resulting in a SP likely 50p-£1
Come June nobody is worried about a raise when the SP is 10x today at least.
Then come Power China our JV partners invest billions to get the mine operational and we retire.
The end.
Earlofpain missing out again you can still buy you know, or go back to your Real S**t Investments i know you like your RSI .
Flogit123, hopeful news next week will be confirmation of new NEDs and new NEC, and maybe even a couple of holdings RNS's after all the massive volume that we have had since beginning of Feb...
And then of course, this will hopefully all be backed up by a few more press articles in the Bangla press this weekend .... all are big SP movers imo
Seems to be on the up as we go into close…maybe I should have bought… let’s see what Monday brings and we’ll done holders…
GCM will rocket om Monday as investers digest this over the weekend
@Searcher - personally I think we will get the green light as Hasina does NOT have any other solution and this time there is no opposition from the locals because everyone knows importing coal to feed the power stations is not a viable long term solution for Bangla.
Capex is huge..... needed, also permit needed
also government approval needed
lots of needs to be fulfilled yet!!!!!!
Searcher - thanks for this - I will have a look over the weekend….
7.... apology for the all in mate for my.remarks... :-)
Flogit123, here are a couple of bits of the article posted by Pappi this morning, obviously this is a real positive and highlights what was said at the recent GCM, AGM... this mornings posts are well worth a read mate to give you an out line of what is about to happen with coal mining in Bangladesh hopefully very soon .... Hope that helps
"State Minister for Energy and Mineral Resources Nasrul Hamid said that coal mining will be done by ensuring underground water management. Rehabilitation and employment of the locals will also be ensured."
"Among the country's five coal mines, there are plans to extract coal by open pit method at Barapukuria and Phulbari, underground method at Khalaspir and Dighipara and coal gasification method at Jamalganj."
And this thread. Not scratching surface with current mcap. GLA a few great weeks ahead of us.
Anyone looking in read through this thread, it’s a press release from yesterday. GCM open pit mining talked about by energy minister as one of very very limited options available to them given current climate and their need for coal.
Dickie calm down on the spam PLEASE
Apart from dicky bird laying an egg with Uber excitement and ramping???
6.3p to sell now
Rein it in Dicky and let the share price take care of itself.I've noted you registered today.
Wow
5k paid @ 7p…nice! Bargain even with todays rise
I have never seen a share move as fast as GCM.
You will be surprised how many people were waiting on the sidelines
Searcher i’ve been saying have i not, once we breach 5p it’s open waters. Expecting so much more, not even scratched the surface here.
It's gone vertical like a rocket
Wow .... 5.70 paid
I did say a few days ago it wont be long until we appear top of leaderboards boys, but this isn’t it. We got a long way to go yet, with such little available on the ask and NED confirmation yet to come coupler with proposals to govt this month and an inevitably looking green light, new years fireworks are coming early for GCM this year.
As Keith said at the AGM ‘next year it’ll be champagne at the agm instead of tea’…..read between the lines!