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Well it needs to come again so I can finally leave work in comfort
I think it was a taster of what could be
some dilution but no much
Well if we are going to ramp, is that when the SP reached around £9.50 :)
Old article but to say it was £9 while waiting for approval and we are currently at 7p shows how adrift the SP is
Is a bit derampy GP considering his prediction was 14 years ago 😂
That was published back in 2010.
We are now in 2024 in case you have been asleep!
2 huge deals to watch out for. GCM one of them.
How’s a bout that for a deramp.
https://moneyweek.com/494/coal-demand-bangladesh-penny-shares-04304
Haha me a deramper, that’s a first lol.
Get GP with the deramping. 50p pfft 😂
SP will be triple figures before we hear the go ahead has been given. 👍
“I think this is the week we get a positive RNS on the government approval and granting of licence”
Be glad when you get your 10% & 🏃♂️ on 🤡
Agreed for once one only has to jpin all the dots from recent newsflow
which is only still weeks old
Dont be impatient deals like this dont get done or come around often
Patience will reward imho
I’d expect it to be north of 50p in a flash when the GL is given.
And there is the next guy who always is wrong.
What a bb
I think this is the week we get a positive RNS on the government approval and granting of licence
If so it'll be north of 10p in a flash
Wos ofcourse has done research.
Me too; wos timing always off by more than a year.
Lets see ;)
Agree - We can Expect RNS (early) this Quarter!
AGM feedback saying Q1 not 'hard timeline' but give strong indication and March 11 Power China contract RNS say proposal to be presented shortly - at that time.
Other Indeoendent 'in country medua' support this.
Like last time with placing event (when we only get few months funding space) share price did push up strongly to MULTIPLY.
Since then we have raise to give us much longer funding security well into 2025 & other very posituve development like Power China move to Contract.
How long we really think until Share Price start Agreeive move & push back up into DOUBLE FIGURES?
Any day now I would say! 🦉
Sharebel - I’d recommend mentally switching off. I’ve found assuming it won’t happen, and maybe getting pleasantly surprised one day, has helped me with the endless wait and false optimism haha
Imports bounce back, but you would think that with the dollar crisis this surely is not sustainable!
“Coal import has also increased by 37 per cent. Bangladesh imported 3.87 million tonnes, up from last year’s 2.81 million”
https://en.prothomalo.com/amp/story/business/7shb6ikvbv
One thing is an absolute certainty, if this is GCM’s time we can’t be sub 10p for very much longer.
Locked and loaded. The coming weeks could be fun :-D
As we enter may… we are entering the middle of the 2nd Qtr of 2024
GCM was supposed to have given in their proposal by 1st Qtr
I am fully optimistic and loaded up here…. But my god what it the hold up now ?
NEDS sorted
funding sorted
Eid over
New gov settled in
New ISA available (lol)
It’s always something or other
What is the delay now !???
COME ON GCM !
There’s no comparable alternative to Phulbari for the amount of coal, in the time it’ll take to produce.
The buck stops with us boys, you can be certain of it.
Mm’s filling background orders - record breaking volume month on month for GCM since the new year, moving the price up & down like a yo yo, non of it’ll matter when the market gets wind of approval…until then, we wait. GLA!
We just need the news of the mining going ahead and can’t see why it won’t go ahead as the country’s current situation is far from ideal. It’s just a waiting game but it has to be the closest it’s ever been. GLA
On the worst day of the historical heatwave, Bangladesh’s power generation nosedived because India lessened its electricity export and private power producers reduced their generation as the Bangladesh Power Development Board has yet to clear the pile-up of outstanding bills.
PDB member Khandaker Mokammel Hossain confirmed that the surge in the load shedding was partly triggered by India cutting down its power export and fuel-oil-based power plants reducing their operations over unpaid bills.
https://www.newagebd.net/post/country/233871/power-cuts-rise-as-heatwave-peaks
Obviously the situation has been made worse due to the heatwave, but It looks like they are starting to run into a coal shortage as well as gas now, so I’m guessing unless they start paying their bills the situation will now run into the same situation throughout the summer as last year 🤔