Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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And the usual broker trolls have gone silent.
Price driven down to the desired level and the switch to buying?
Think we see the move north from this area.
Must be true then??
And we have finally dipped below it.
Seller must be wanting to sell now at any cost and likely that they have recouped their primary investment, maybe!
Either way, interesting to see where this ends up over the next few days, i.e, how much lower are the MM's willing to drop this to which I'm sure will stimulate some healthy buying too.
Potential for a Joint Listing? 6 Feb 2020 13:27
I haven't posted here in a very long while. I had a look back and four years ago I posted this: "If we are not taken out first, any future development through the establishment of a new joint company with our partners may lead to a new entity being quoted in London and Shanghai. The potential exists:- https://www.gov.uk/government/news/uk-china-efd-sees-launch-of-london-shanghai-stock-connect."
With the now even stronger Chinese connection I wonder if a joint listing might be something that is being considered behind the scenes?
Given the level of Chinese investment I'd be surprised if the Chinese didn't insist upon it.
In all my years here there has never been such a sustained period of high volume days trading over 1 mil, let alone many multiples of that. Maybe 2 to 3 days.
Weโre talking months here now, everyday, without fail.
To quote Baxy. Boomtown is surely nearly here ๐๐ ๐
Couldn't help myself.
135000K taken 6.61p at 10:00am. Not showing yet.
Can't believe I'm still able to buy at these levels.
Clearly 6.5p is the base, well hopefully it doesn't drop any further but as PP 6.5p, doubt it will go lower than 6.5p.
I agree think those waiting for lower are going to get left behind very soon
PR about to start. Drum banging incoming
Some good volume here down at the lows. Watch for a reversal any minute and then get chased
Exactly Man---i think (and this is what i'm working my figs on ) they will only sell 27-28 mill
They may not sell them all either, get their ยฃ2mil back & let the rest run
----I'm still sticking by my numbers from yesterday---and think there are fewer Subscription shares floating around than people think.
-Maybe down to 6 mill as of last night------and already 1 mill have traded this morning, which would knock that down to around 5.5 mill up for grabs.
---They will be gone before you realise, and you will only spot it when there is no seller for a day or two.
-DYOR
Looks like someone trying hard to keep price down by keep slottint the bid in small shapes
Lets squeeze them. Few more big buys and we'll be off. Its primed for a reversal
Https://youtu.be/ozKvBDJy5_A?si=ZF-27WZwX3ouC6UD
According to this recent video its full steam ahead to extract coal in bangladesh
Those buying sub 7p will be rewarded
Https://www.tbsnews.net/bangladesh/energy/govt-plans-mine-90m-tonnes-coal-dighipara-808726
Lots of positive pressures coming to bear on the GoB.
Great posts tonight (well usually) pappi.
And more on the IMF conditions re Energy subsidies
A finance ministry official said IMF may set a condition for the government to reduce its spending on subsidy.
the government still provides subsidy for electricity and gas, the IMF may set conditions to follow a timeline for gradually reducing subsidy for these two items.
Already, IMF has collected data on government spending in subsidy for electricity and gas.
https://www.thedailystar.net/business/economy/news/imf-loan-govt-may-miss-two-key-targets-set-fourth-tranche-3598466
Excellent post Pappi ๐๐๐
So much of the news of late has one common solution to alleviate many of the economic woes of the country, but it's such a massive multi billion $ project they want to get their ducks lined up first. In addition no business, or government, would sign off on a project with such far reaching implications and benefits without doing their own due diligence checks, they are engaged in multiple projects with Power China already but I would be very surprised if they weren't doing due diligence on GCM, all these things take time, no surprise there has been nothing from the Energy meeting 8 days ago, absolute silence, they re not going to announce anything until they have the answers to the questions that they are going to be asked, financing, relocation, land acquisition, infrastructure, transportation, work force and training etc etc. My investment is based on my belief it's coming, could have come sooner but right now we appear to be in the perfect storm for a PR coup in presenting it as the forward thinking solution to alleviate so many woes
$4biion shortfall on previous reduced reserves target
The International Monetary Fund (IMF) has observed that Bangladesh's net reserves fall short of its target and has asked the Bangladesh Bank for a proper action plan by 8 May detailing how to bolster the stockpile of foreign exchanges.
The visiting IMF mission made the observation during a meeting on Monday with senior officials of the Bangladesh Bank to review the progress on its various targets ahead of the release of the third tranche of the $4.7 billion loan, a central bank official present at the meeting told The Business Standard.
He said the country's net reserves at the end of March were about $4 billion short of the IMF's target of $19.26 billion.
Also, the global lender has asked for complete information about the amount of money laundered from the country. It also called for information about the progress of the central bank's steps to prevent money laundering,"
https://www.tbsnews.net/economy/imf-asks-proper-action-plan-8-may-building-reserves-839576
Professional - with a combo of your oracle level knowledge of what will happen next and superior trading skills to us Iโm surprised youโre still messing around on AIM stocks.
I assumed youโd be either retired or picked up by a hedge fund by now lol
My big stake Mankini, anyway.
It is possible tacit approval is given soon with a fanfare later after Beijing summit.
No doubt there are more iโs to dot & Tโs to cross. Big stakes involved.
Everybody wants their slice of the pie
Its all leading to the same conclusion.
Exciting times for sure. Next uplift once the dust settles from this placing.
If you think over the possible agenda in the energy committee meeting it would be high priority to approve OPM but subsequent to it what you get is a high level mission to Beijing. Some details need ironing out about Sino-Bengali relations before a GL is given imo.