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GCM Resources Share Chat (GCM)



Share Price: 13.875Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Gcm Resources
Spread: 0.00Spread as %: 0.00%Open: 13.875High: 0.00Low: 0.00Yesterday’s Close: 13.875


Share Discussion for Gcm Resources (GCM)


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Hipposyawn
Posts: 1,496
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (11)
RE: Oh well
9 Sep '14
I think its over 3% then every whole % they have to inform the company & FSA. I dont believe its a criminal offence but no doubt financial penalites could be imposed.
 
leonasdad
Posts: 1,769
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (11)
RE: Oh well
9 Sep '14
Hippo would love for you to be that consutant. Do you know what would happen if a buyer does not inform anyone indefinitely. Let's say at 3.99%.
Hipposyawn
Posts: 1,496
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (3)
RE: consultant
9 Sep '14
"Of the total power generation, 11,250MW of electricity would be generated using domestic coal while the rest from imported coal, according to the government’s power sector roadmap"

Yawn, thats a new statement, NOT.

Ps, i'll be the power plant consultant tomorrow if it will speed things up!
Hipposyawn
Posts: 1,496
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (11)
RE: Oh well
9 Sep '14
Know idea what the timescale is for buyer to inform the company when over 3%. Company has to release the holdings RNS without delay once known though
fatherjockstrap
Posts: 4,057
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (3)
RE: consultant
9 Sep '14
Of the total power generation, 11,250MW of electricity would be generated using domestic coal while the rest from imported coal, according to the government’s power sector roadmap. - See more at: http://www.daily-sun.com/details_Govt-to-appoint-consultant-for-Moheshkhali-energy-hub_973_1_2_1_1.html#sthash.P6DdztOA.dpuf
fatherjockstrap
Posts: 4,057
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (3)
consultant
9 Sep '14
http://www.daily-sun.com/details_Govt-to-appoint-consultant-for-Moheshkhali-energy-hub_973_1_2_1_1.html
The government will appoint a consultant for a series of coal-fired power plants, having capacity to generate around 10,000MW of electricity, at the proposed energy hub on Moheshkhali Island in Cox’s Bazar.

“I have already asked the Power Division on Saturday to take necessary steps for appointing the consultant by next week,” State Minister for Power and Energy Nasrul Hamid told daily sun.

The state minister said the consultant would give advice on managing environmental impact, water resource management and security arrangements in and outside of the proposed power plants.

“Moheshkhali would be country’s ultramodern ‘energy hub’ like Singapore,” Nasrul Hamid said.

The government has already signed two deals on mega power projects with Chinese firm Hudian Hongkong Power Company Limited and JICA to implement power plants having capacity to generate 1320MW of electricity.

Besides, the government in principal has decided to allow a UAE-funded coal-based or LNG-run mega power plant having capacity to generate 1000MW of electricity at Moheshkhali.

A high-powered team of the Ministry of Power, Energy and Mineral Resources will visit the UAE in October in an invitation from the UAE authorities.

The government has so far allocated 5000 acres of land to set up the coal-fired power hub on Moheshkhali Island.

Meanwhile, the Coal Power Generation Company Limited (CPGCL) has already invited tender to appoint consultant for the Matarbari coal-fired power project.

The Tokyo Electric Power Company Limited (TEPCO) and Germany-based Stake Energy Services have already submitted bid documents for the power project.

CPGCL officials said they would require another month to award the consultancy job.

Besides, the tender for awarding the work-order of the Matarbari coal-fired power project will have to be invited at the end of next year, a CPGCL official said.

The Power Division has set a target of generating around 20,000MW of electricity from coal-based power plants by the year 2030.

Of the total power generation, 11,250MW of electricity would be generated using domestic coal while the rest from imported coal, according to the government’s power sector roadmap.
- See more at: http://www.daily-sun.com/details_Govt-to-appoint-consultant-for-Moheshkhali-energy-hub_973_1_2_1_1.html#sthash.P6DdztOA.dpuf
leonasdad
Posts: 1,769
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (11)
RE: Oh well
9 Sep '14
Hippo, do you know if it is possible to hold more than 3% of Pol (*short period of time*) without issuing a holdings RNS?
Hipposyawn
Posts: 1,496
Off Topic
Opinion:No Opinion
Price:27.50
View Thread (11)
RE: Oh well
9 Sep '14
I dont think RG was the main cause for the rise to 45p. I think the news that open pit mining was going to be allowed in Bangla & the likely positive outcome from the oecd did that.

RG got in just prior to the mere PI seeing the news, as people like that always seem to be able to do.

So he was buying from 16p, decent quick return for him. Why not take it? I bet most of us wished we'd taken all the quick wins here in the past.

That being said, pure speculation that he's selling.
Hipposyawn
Posts: 1,496
Observation
Opinion:No Opinion
Price:27.50
Iii
9 Sep '14
No posts on there since Sunday morning, someone must have mislaid the threads rose tinted specs.
Hipposyawn
Posts: 1,496
Off Topic
Opinion:No Opinion
Price:27.50
Iii
9 Sep '14
No posts on there since Sunday morning, someone must have mislaid the threads rose tinted specs





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