Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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What we know from 11th March RNS where Power China Contract announce -
"A JOINT PROPOSAL WITH DEVELOPMENT PARTNER, POWER CHINA, WILL SHORTLY BE PRRSENTED TO THE NEWLY ELECTED BANGLADESH GOVT"
This statement is made with Pre-knowledge of timeframes.
We have official Energy Committee Meeting and ALSO we know how Critical the situation under discussion is so reasonable will be a priority for Energy Committee Meeting.
This does not guarantee will be discussed but I think case is VERY STRONG for this and Company statement of "SHORTLY" mean Shortly anyway.
This is why I did increase my Holding by 15% yesterday and understand hazardous nature of anyone who try trading at his critical point.
This is 'ONE IN A LIFETIME' type of Opportunity with Upside potential so will not try to second guess this in any way re: holding stock or not - I WILL be holding full amount!
🦉
Doze - yeah fair enough. I’m in and optimistic, probably best just to switch off and let things ride. I spend way too much time on this godforsaken website haha
NewboF; it is a binary punt and investors have put their money on approval so no point just being on the fence at the committee, we will have to have some headbanging and a vote foe OPM.
I've only mentioned it as i'm uncertain as to whether anyone knows if we are on the agenda - i aint looked through all the post so it would be appreciated if someone could enlighten us, thanks
Not to be a downer but as fre says do we really have any idea what this meeting is about and what will be discussed? GCM hasn’t said anything and we only know abouto it because of some good sleuth work.
I’m just a bit worried we are all getting excited and will be disappointed if there is radio silence after the fact… hopefully we at least get a mention/positive comms after. I’d be very very surprised if there is a tangible decision at the first meeting
More importantly are we on the agenda as i'd imagine hasina would want to be there due to its significance and importance
I she doesn’t put her hand up who would dare to??
So Hasina's vote is not priority then. Majority is.
I see it’s in the document. Talks about a majority vote.
Bottom of p3
Special committee???
What is this second to last bullet point ? Enlighten us please ?
I think Hasina may need to attend as the majority vote carries and some members may need persuading for the good of the country-
https://www.parliament.gov.bd/how-committee-works
Power of the Committee; second to last bullet point.
Last time Warrants exercised & enter Market the price went UP.
Think with Energy Meeting coming up, lots of notice that Funding was due & now completed and opportunity furvfrrwrd selling - think we could see again.
Upside potential here just staggering and underlying support / interest very STRONG.
We could be 50p+ next week with any positive indication (do not think Energy Minister suddenly say 'no thanks' after interviews / intel already out there).
Will hold on TIGHTLY to mine & expect Multiple coming for Reasons given / I tel kindly shared by others.
🦉
There DEFINATELY will not be BBC interview with Energy Minister and mention of Phulbari without Hasina knowledge / permission!
All is being managed with news flow to let population / parties adopt mindset for Phulbari Open Pit - We u serstand the domestic coal production is ONLY way & this is what our investment decision should stay LASER FOCUS on - no daily price movement or BB chat!
PowerChina understand this and i assume Party(ies) who are Accumulating in background.
Share price good Consolidation & Finding uncertainty out of way - Share price now well position to make next push into double figure terirory in coming days as part of contiuing Uptrend.
Back to my other MATD holding for little bit 🦉
Searcher keeping the GCM furnace alive !!
Reads well and makes sense !
Excellent post !! Nice spot Mr Stephen
With regards to the 1st Energy Ministers meeting of the new government taking place this coming Sunday, we know from the AGM that Gary said that PM Hasina was starting to attend some of the energy meetings herself, so there is a possibility that she will be there. Either way, I would be absolutely amazed if using own coal was not on the agenda to be discussed, but we all know how the Bangla press work, so I honestly do not expect anything to filter back to the press until later during the week. Then of course the documents will have to be put to PM Hasina herself, (if she does not attend), so there is a possibility that we may not hear anything until after she has decided to make the news public, that’s of course if she agrees with her ministers.
I know that I could be totally wrong, but I think Hasina already knows that this report is on its way, as I have said before, I just can’t believe that Nasrul Hamid, (the Energy Minister), would have been shouting so loudly in the press recently about using their own coal if he did not know that Hasina was happy with him doing so and that her mind was already made up! Nor do I believe that we would have had this buyer in the background for the last few weeks, if they had not already of been given the nod that the green light was coming….
All imvho of course….