Register
Login:
Share:
Email Facebook Twitter




Quick Poll
QUICK POLL >
Would you use a professional standard news service? (Giving you breaking news sooner)




GCM Share Chat - RSS Feed

GCM Resources Share Chat (GCM)



Share Price: 10.25Bid: 9.75Ask: 10.75Change: 0.00 (0.00%)No Movement on Gcm Resources
Spread: 1.00Spread as %: 10.26%Open: 10.25High: 10.25Low: 10.25Yesterday’s Close: 10.25


Share Discussion for Gcm Resources (GCM)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


fatherjockstrap
Posts: 3,941
Off Topic
Opinion:No Opinion
Price:40.00
nucs
2 Aug '14
http://www.daily-sun.com/details_Preparatory-stage-work-likely-to-begin-in-Sept_935_1_10_1_0.html
The preparatory stage construction work on the 2000 MW Rooppur Nuclear Power Plant (RNPP) project is likely to begin in September this year.

The preparatory stage works include civil construction of different important offices, site development, access roads, hydraulic infrastructures, loading-unloading facilities of equipment, jetties at rivers, laboratories, flood protection structures, and also other utilities.

According to a highly placed source at the Bangladesh Atomic Energy Commission (BAEC), Rosatom, the Russian contractor of the RNPP project, will start the work as the government has already made its 10 percent down payment to the Russian authorities against the project cost.

The total project cost was estimated to be about US$ 2 billion for the first unit of the 2000 MW plant while feasibility study and relevant work and its design will cost $500 million. The government signed a number of agreements with Rosatom to implement the project.

“We’ve already made the down payment against the project in June last under the 3rd agreement of the project with Rosatom”, said Shawkat Akbar, project director of the RNPP.

He also said after completion of the works covered under the 3rd agreement, the government is expected to sign the fourth and final agreement of the project in third quarter of 2016 which will provide the scope for start of the foundation of the main nuclear power project, the installation of the nuclear reactor.

He informed that after completion of the preparatory stage works, Bangladesh will need to take two important licenses from International Atomic Energy Agency (IAEA) as prerequisite for start of the foundation work of the plant.

The licenses are site license and nuclear power plant construction license.

Contacted, State Minister for Science and Technology Yeafesh Osman told UNB that the work on the RNPP goes on as per the plan of his ministry.

The government signed the first memorandum of understanding (MoU) with Russian government in 2009 and then singed a number of deals with Russian state-owned nuclear agency Rosatom. As per the deals, Russia will finance the project under a supplier’s credit mode.

Under a deal, Russia will provide $500 million loan to finance engineering surveys on the site, project development and personnel training. —UNB
- See more at: http://www.daily-sun.com/details_Preparatory-stage-work-likely-to-begin-in-Sept_935_1_10_1_0.html#sthash.kFAKH95C.dpuf
 
fatherjockstrap
Posts: 3,941
Off Topic
Opinion:No Opinion
Price:40.00
View Thread (2)
RE: jo pavey wins 5k
2 Aug '14
bronze = pist
fatherjockstrap
Posts: 3,941
Off Topic
Opinion:No Opinion
Price:40.00
View Thread (2)
jo pavey wins 5k
2 Aug '14
great - one of my ex training partners
Searcher
Posts: 36,533
Observation
Opinion:No Opinion
Price:40.00
View Thread (4)
RE: Phulbari
2 Aug '14
Fjs, yep your right but just how are they going to import it in big enough quantities for all the coal fired plants they are building??
fatherjockstrap
Posts: 3,941
Off Topic
Opinion:No Opinion
Price:40.00
View Thread (4)
RE: Phulbari
2 Aug '14
good coal in Australia
steveho
Posts: 4,504
Off Topic
Opinion:No Opinion
Price:40.00
View Thread (4)
RE: Phulbari
2 Aug '14
No problem,fatherjockstrap's articles are a lot older than that

What has your study on the Phulbari coal mine revealed? Could you tell us about the quantity and quality of coal there as well as other related factors?
I would say that the coal deposit at Phulbari is the ‘jewel in the crown’ as far as Bangladesh’s resource inventory is concerned. It has about 570 million tonnes of high volatile bituminous coal of very high quality. It also has some semi-soft cooking coal. It hasn’t been possible to accurately evaluate this at present, but we can say with certainty that this is a huge deposit. In fact, Phulbari will easily be able to produce 15 million tonnes of coal every year.
Handykart
Posts: 972
Off Topic
Opinion:No Opinion
Price:40.00
View Thread (4)
Phulbari
2 Aug '14
Found this article today, it is from 2008 so quite old. However may be of interest to new investors in GCM.

http://phulbarinews.wordpress.com/2008/06/04/“coal-can’t-be-left-underground”/
Searcher
Posts: 36,533
Observation
Opinion:No Opinion
Price:40.00
View Thread (2)
RE: US$ 406 m for Ultra Super Criti..
2 Aug '14
I assume that this coal power plant is also going to need "super high quality coal"......

Mmmmmm I wonder where that will come form ....
Searcher
Posts: 36,533
Research
Opinion:No Opinion
Price:40.00
View Thread (2)
US$ 406 m for Ultra Super Critical
2 Aug '14
US$ 406 m for Ultra Super Critical Coal-fired Power Project from JICA

Japan International Cooperation Agency (JICA) will provide US$ 406 million loan for Matrabari Ultra Super Critical Coal-fired Power Project.
Economic Relations Division (ERD) secretary Mohammad Mejbahuddin and Chief Representative of JICA HIKIO Hataeda signed the ODA loan package at a ceremony on Monday in presence of finance minister AMA Muhith and Charge d’ affairs ad interim, Japanese embassy in Dhaka and JICA president Dr Akihiko Tanaka.
The organization will give a total of US$ 1184.30 million as loan package for five big projects.
According to the agreement, the loan package will provide solid foundation for BIG-B (Bay of Bengal Industrial Growth Belt) Initiative proposed in the summit talk between Bangladesh Prime Minister Sheikh Hasina and Japanese Prime Minister Shinzo Abe during her visit to Tokyo last month.
As per the agreement, JICA will give US$ 406 million for Matarbari Ultra Super Critical Coal-fired Power Project, US$ 231 million for Natural Gas Efficiency Project, US$ 300 million for Inclusive City Governance Project, US$149 million for Haor Flood Management and Livelihood Improvement Project and US$ 97 million for Small and Marginal
Sized Farmers Agricultural Productivity Improvement and Diversification Financing Project.
State minister for finance MA Mannan and state minister for power, energy and mineral resources Nasrul Hamid, among others, also spoke on the occasion.
Narul Hamid in his speech said the government will take all out steps to successfully implement the power project. He sought JICA’s cooperation in timely implementation of the project.
He said the government of Sheikh Hasina has taken up massive programmes for infrastructure development and countries like Japan and China can extend their support for implementation of these programmes
JICA president Dr Akihiko Tanaka JICA is proud of working together with the people and the government of Bangladesh. Bangladesh has become the third largest partner country of Japanese Official Development Assistance (ODA) with remarkable improvement in poverty reduction, education and health conditions, he added.
“Bangladesh appears entering into a new stage of development fueled by faster economic growth . . . I believe that we have more to cooperate at this juncture of Bangladesh,” said Akihiko Tanaka.

http://thebangladeshtoday.com/news/2014/06/us-406-m-for-ultra-super-critical-coal-fired-pow
leonasdad
Posts: 1,769
Off Topic
Opinion:No Opinion
Price:40.00
Surreal
2 Aug '14
http://en.prothom-alo.com/opinion/article/51440/Story_of_a_dream

Begum Zia still can't sleep. She goes to sleep very late. As the night lengthens, memories of past glory crowd her mind. She thinks of her sons, their children. Her yearning for them has grown stronger since her trip to Makkah.

Her worries have increased too upon return. She's heard that she'll be sent to jail in the orphanage case. She was never scared of going to jail in the past, but now for some reason she is rather disturbed. Age is catching up with her and she has been running BNP's politics single-handedly. She knows her sons can't return. If she is imprisoned, there'll be no one to take over the reins of the party. She is assailed by all sorts of dark thoughts. Will she really have to go to jail? Will Zia's grave be removed? Will her party be split into small factions?

She is extremely annoyed with Sheikh Hasina. Hasina had her thrown out of the house where she lived for 40 years. She's been ousted from parliament. Her red passport has been turned green. She has no protocol, no family, her wealth, resources and power have all dwindled. Now will Sheikh Hasina stop? She won't.

She rises and walks to the window. It's raining hard outside. The sky is aglow till far in the distance with the city lights of Dhaka. If she is sent to Kasempur jail, she won't see these lights for years. Yet if she had won this election, she would have sent Sheikh Hasina to jail. The irate people all around her had thought of even worse punishments of which she was not aware. How would Sheikh Hasina feel then!

A gust of rain hits her face. She suddenly puts herself in Hasina's place and begins to think. Sheikh Hasina has been arrested by Bogra's women police and Interpol has been approached for the arrest of her children. Her father's name has been erased from everything. How would Sheikh Hasina feel then?

Begum Zia is taken aback at the feelings of sympathy she starts to feel for Sheikh Hasina. She begins to look back on the sufferings she has actually put Hasina through. She thinks of August 15, August 21 and even the phone conversation of October last year. The cool touch of early morning rain has touched her heart, unawares. A sense of sadness descends upon her. Before falling into a deep slumber, she makes some strange decisions.

2. Sheikh Hasina was stunned by the news. Khaleda Zia had declared she would never again celebrate her birthday on August 15. Sheikh Hasina was even more shocked that her spies didn't have an inkling that such an announcement was in the offing.

Sheikh Hasina knows there must be some catch to Begum Zia's statement. In the press statement, she didn't say that August 15 was not her birthday. She merely said she would not celebrate her birthday on August 15. She had even informed BNP leaders and workers at all levels about this and had instructed them accordingly. She informed the people that she had taken this decision on her own in the interests of





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.