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GCM Resources Share Chat (GCM)



Share Price: 15.50Bid: 15.00Ask: 16.00Change: 0.00 (0.00%)No Movement on Gcm Resources
Spread: 1.00Spread as %: 6.67%Open: 15.625High: 15.625Low: 15.50Yesterday’s Close: 15.50


Share Discussion for GCM Resources


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GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Shifting towards coal
Today 00:02
WScenarios 2 & 3 demonstrate the value of domestic coal production as estimated by the CGE model in the “Smart energy options for Bangladesh” paper. Thus foregone benefits of not being able to implement domestic coal production at a scale envisioned by the PSMP 2010 are very large.
If indeed the benefits are of an order of magnitude estimated in the CGE model, they are likely to exceed the resources required to address all concerns raised by the populations opposing domestic coal mining.ow:
 
GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Shifting towards coal
Tue 23:58
Benefits and costs
Benefits
Scenario 1: Relaxing the energy supply constraint by importing coal for 50% of electricity production by 2030 provides an incremental GDP growth rate of 0.2% per year, worth US$ 34-66 billion over the period 2016-2030, relative to the baseline growth path with energy constraints.
Scenario 2: Developing the domestic coal industry and by 2030 use a combination of half imported and half domestically produced coal to meet 50% of electricity demand provides an incremental GDP growth rate of 0.8% per year, worth US$ 127-250 billion relative to baseline.
Scenario 3: Developing the domestic coal industry and undertaking a rationalization of natural gas prices boosts GDP growth by 1.0% per year, worth US$ 161-315 billion relative to baseline.
Costs
GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Shifting towards coal
Tue 23:22
If this is part of formal advice then the content is huge potentially for us as Marv pointed out on iii as part of a charm offensive.

Excellent article as it shows the value of own coal to BD and to the people of BD.
GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Shifting towards coal
Tue 23:18
Last paragraph

Bangladesh, like most nations, faces a large number of challenges. What should be the top priorities for policy makers, international donors, NGOs and businesses? With limited resources and time, it is crucial that focus is informed by what will do the most good for each taka spent. The Bangladesh Priorities project, a collaboration between Copenhagen Consensus and BRAC, works with stakeholders across Bangladesh to find, analyze, rank and disseminate the best solutions for the country. We engage Bangladeshis from all parts of society, through readers of newspapers, along with NGOs, decision makers, sector experts and businesses to propose the best solutions. We have commissioned some of the best economists from Bangladesh and the world to calculate the social, environmental and economic costs and benefits of these proposals. This research will help set priorities for the country through a nationwide conversation about what the smart - and not-so-smart - solutions are for Bangladesh's future.
GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Shifting towards coal
Tue 23:17
GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Someone
Tue 22:24
Lol MR, laughed a lot at that.
FQ320MR
Posts: 3,378
Observation
Opinion:No Opinion
Price:15.50
Someone
Tue 22:15
FQ320MR
Posts: 3,378
Observation
Opinion:No Opinion
Price:15.50
Someone
Tue 22:14
GPback
Posts: 2,621
Off Topic
Opinion:Strong Buy
Price:15.50
RE: Shifting towards coal
Tue 22:01
Agreed Marv but it is nice to see the words "astonishing" being used and the actual numerical benefit spelled out so graphically.

I don't mind giving something up to enter s PSC and give more to the landowners. I will vote for it.

If we are talking about Hasina, Hippo and a barrel the hippo would be over the barrel with Hasina behind.
Marv73
Posts: 154
Off Topic
Opinion:No Opinion
Price:15.50
RE: Shifting towards coal
Tue 21:57
She does I agree, but the benefits are bigger than any personal feelings towards a particular company.

It's like the company says "an agreement can be reached which satisfies the objectives of both the Government and the Company. Discussions are ongoing with targeted potential partners who may assist in advancing the Project towareds approval".




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