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Fund Manager Chris Bailey talks about an opportunist 2017 for investors


GCM Resources Share Chat (GCM)



Share Price: 39.50Bid: 38.00Ask: 41.00Change: 0.00 (0.00%)No Movement on Gcm Resources
Spread: 3.00Spread as %: 7.89%Open: 39.50High: 39.50Low: 39.50Yesterday’s Close: 39.50


Share Discussion for GCM Resources


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Waffles90
Posts: 12
Observation
Opinion:Buy
Price:39.50
View Thread (2)
RE: Closer and closer
Today 16:35
Agreed. I thought that everything that's happened over the past couple of weeks would move this on a little bit. But I'm happy seeing consistency at the 40p mark.
 
horse1
Posts: 415
Observation
Opinion:Hold
Price:39.50
Skinner
Today 15:59
I agree mate. Rightly or wrongly there is still some baggage with the Asia Energy/GCM name and the political fall out would be greatly decreased if the go ahead was given to ANother holding the licence.
hollie170295
Posts: 189
Off Topic
Opinion:No Opinion
Price:39.50
RE: lets see
Today 15:43
There you go just popped up..18-Jan-17
15:23:38
39.00
2,532
Sell*
38.00
41.00
987.48
Lol, Lol.LOL..Games afoot lots of buying . V confident
ManuDave
Posts: 7,889
Off Topic
Opinion:No Opinion
Price:39.50
RE: Closer and closer
Today 15:41
I'm really surprised we have been so quiet today after that rns.

Maybe others will take a little longer to digest It and the buys will come tomorrow or Friday.

Only see it as a positive....
beeshoney
Posts: 1,357
Off Topic
Opinion:No Opinion
Price:39.50
RE: Closer and closer
Today 15:38
skinner when i spoke to Micheal tang, his interest was most certainly ,in developing ,,, i push the fact that would it not be better to just flip it,, there was also mention of an Indian company that had been interested , and other suitors ,, but he wanted to mine
SKINNER777
Posts: 2,257
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:39.50
RE: Closer and closer
Today 15:31
I believe the buy out in one form or other is being negotiated. The question is at what price and will we as shareholders see the full benefit....what is the licence worth when there has been no change in GCMs abilty to benefit from it over in 12 years. I would prefer GCM developing the mine and power plant with a JV partner but that is the least expected option imo
hollie170295
Posts: 189
Off Topic
Opinion:No Opinion
Price:39.50
lets see
Today 15:28
what games are afoot today, just bought another £1000 worth .whats the betting on it coming up a sell .
lots of compelling news starting to filter through plus that stonking RNS today. Lord i love a stonker
Muz-
Posts: 17
Off Topic
Opinion:No Opinion
Price:39.50
View Thread (5)
RE: Hasina - yes to coal
Today 14:40
I am starting to believe everything is in place and it is a case of public PR and education on the use of coal to limit the public backlash when an announcement is finally made.

October
After Xi and Hasina held bilateral talks, the two countries signed 27 deals — 15 MoUs and 12 loan and framework agreements ?- on different projects. However, there were reports that China may offer up to USD 40 billion credit, both sides refrained from providing the details of the loan amount.

November
MOU has been agreed with China Gezhouba Group International Engineering Co. Ltd ("CGGCINTL").

December
"Brushing away the criticism on the coal-fired power projects like Rampal power plant, Dr Ahmad Kaikaus said the government has launched a public awareness campaigns against such propaganda"

January
Mostafa Kamal, Deputy Secretary of Power Division said, "Yes, we are searching coal for the Rampal plant
Searcher
Posts: 37,081
Research
Opinion:No Opinion
Price:39.50
View Thread (2)
RE: Hasina - yes to coal
Today 14:38
She said .......

“We are not waiting for anyone, but are taking the initiative ourselves.”

Responding to a question on the impact of coal-based power plants in Bangladesh, the prime minister said that coal was required for the 24,000 MW of power needed for Bangladesh to become a middle-income country by 2021.

http://bdnews24.com/bangladesh/2017/01/18/saarc-s-work-is-not-yet-over-says-pm-sheikh-hasina
horse1
Posts: 415
Observation
Opinion:Hold
Price:39.50
Closer and closer
Today 14:35
Good find Searcher.
Seems to me we are getting closer and closer to the GL. Just need to work out whether GCM will still own license or whether someone else will buy us out. GLA.




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