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GCM Resources Share Price (GCM)



Share Price Information for GCM Resources (GCM)


Share Price: 22.50Bid: 21.50Ask: 23.00Change: 3.125 (+16.13%)Riser - Gcm Resources
Spread: 1.50Spread as %: 6.98%Open: 19.375High: 22.50Low: 18.125Yesterday’s Close: 19.375

Gcm Resources Plc Ord 10P

GCM Resources is listed in the FTSE AIM All-Share
GCM Resources is part of the Mining sector

A London based resource exploration and development company. The company was formerly known as Asia Energy PLC and admitted to AIM in April 2004. Their principal asset is its undeveloped coal deposit in the Phulbari region of Bangladesh. They have investments with other mining interest companies also.





Share Price SpacerPrice
22.50
Share Price SpacerBid
21.50
Share Price SpacerAsk
23.00
Share Price SpacerChange
16.13%3.125
Share Price SpacerVolume
1,319,958
Share Price SpacerOpen
19.375
Share Price SpacerHigh
22.50
Share Price SpacerLow
18.125
Share Price SpacerClose
19.375
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 98.21m £21.85m 7,500

52 Week High 39.15 52 Week High Date 12-MAR-2018
52 Week Low 11.75 52 Week Low Date 26-NOV-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
95 657,041 654,310 -3.648 -6.10 0.00 0.00


London South East Users info for GCM Resources




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

11-Dec-18
17:06:24
22.50
16,500
Buy* 
21.50
23.00
3,713
Trade Type:
Ordinary

11-Dec-18
16:30:05
22.6125
10,000
Buy* 
22.00
23.00
2,261
Trade Type:
Ordinary

11-Dec-18
16:30:00
22.11
2,868
Sell* 
22.00
23.00
634.11
Trade Type:
Ordinary




View more GCM Resources trades >>

Directors Deals for GCM Resources (GCM)
Trade DateActionNotifierPriceCurrencyAmountHolding
24-May-13Buy
Trade Notifier Information for GCM Resources
Gregory James held the position of Non-Executive Director at GCM Resources at the time of this trade.
 Gregory James
012,5000
25-Feb-13Transfer From
Trade Notifier Information for GCM Resources
Gregory James held the position of Non-Executive Director at GCM Resources at the time of this trade.
 Gregory James
012,5000
26-Nov-12Buy
Trade Notifier Information for GCM Resources
Gregory James held the position of Non-Executive Director at GCM Resources at the time of this trade.
 Gregory James
012,5000
View more GCM Resources directors dealings >>


GPback
Posts: 5,064
Opinion:No Opinion
Price:22.50
RE: Dec 2018 Investor Publication
Today 18:33
Sounds like I wrote it lol.

Fresh investment is required to take this into orbit. It’ll come.
liquid1
Posts: 4,437
Premium Chat Member
Opinion:Strong Buy
Price:22.50
RE: Dec 2018 Investor Publication
Today 18:07
Starts on Page 10:

GCM RESOURCES
Many investors will be familiar with
GCM Resources (LON:GCM), the
former Asia Energy, which has been
developing the Phulbari coal and
power project in Bangladesh for
some 20 years after buying it from
BHP Billiton in 1998. Listing on AIM
in April 2004, progress has been
painfully slow, mainly due to political
problems. But recent developments,
including an agreement with Chinese state owned engineer Power

China, could mean that the significant
value in the project could about to be
unlocked.

PowerChina will undertake
feasibility and viability studies and facilitate the inclusion of the project as
a One Belt, One Road Initiative of the
People's Republic of China. A Joint
Development Agreement is being targeted by 31st December 2018, with the
submission of a formal proposal to the
Government of Bangladesh expected
by the end of February next year.
Chartist2
Posts: 4,727
Premium Chat Member
Opinion:No Opinion
Price:22.50
RE: Should see 25p plus tommorow
Today 18:04
#4 on the winners list
Fascinating the mid day retrace, but eventual finish almost at the high. Well then, thats a valid buy signal from 22.50.
Large wave of buyers, if 24.25 climbed.
Baxter51
Posts: 451
Opinion:No Opinion
Price:22.50
Should see 25p plus tommorow
Today 17:44
Every day till end of December should now see daily rise !
Need to be in it to win it ! Going to be the Investment of 2019
liquid1
Posts: 4,437
Premium Chat Member
Opinion:Strong Buy
Price:22.00
Dec 2018 Investor Publication
Today 16:56
Issue 45 – December 2018

The UK's no.1 free investment publication

Page 12:

Black Gold?
Shares in GCM almost trebled on the
day of the ChinaPower news but have
since slipped back to 17.25p. At that
price the company is capitalised at
£32.1 million. That figure is dwarfed
by a 2004 base case project net present value estimate for Phulbari of $2.3
billion (£1.8 billion). So why are the
shares so cheap?

As discussed, GCM has seen its fair
share of issues over the years, with
the project now more than a decade
behind schedule – in 2004 first coal
production was planned for 2007. Government approval of the project is the
key hurdle to overcome, leading to the
challenges of financing and construction.
It also has to be pointed out that there
is opposition to the project from a
number of parties, both in Bangladesh
and London. This mainly concerns the
environmental and human impact of
the planned development, with GCM
estimating that 40,000 people living
within the planned mine area will need
to be progressively resettled as the
mine develops. The company's December held AGM is always a lively affair,
with the board being presented with a
stocking of coal by a protestor dressed
as Santa Claus in 2012. GCM believes
that these issues are "manageable"
and has confirmed that a Human
Rights Impact Assessment (HRIA) will
be completed in due course as part of
an updated Environmental and Social
Impact Assessment.

https://masterinvestor.co.uk/wp-content/uploads/2018/12/Master-Investor-Magazine-Issue-45.pdf
View more share chat for GCM Resources (GCM) >>




Website: Gcm Resources Plc Ord 10P
Website Description: GCM Resources PLC



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