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JICA Investigative Mission taking place now and end on 21st May.
It is there to look forward not "Govt plans to settle Outstanding loans & Bank risks"
"requesting anonymity, a related official told TSB that after receiving the queries of the JICA mission, the preparation for the answer is underway with cooperation of OTHER MINISTERIES" - Energy Ministry feedback will be key to this.
"The Team will want to know if pressure for a wider fiscal deficit emerges or not in the event of a low reform it weak growth scenario" (source: Mr Searcher link post 15th May 10;19)
Should be interesting report from Govt because all link to Energy costs.
🦉
Oh and how can i forget ;)
They REPEAT REPEAT REPEAT the same info over and over... ;)
Obviously some do not understand level of borrowing Bangladesh make from Japan - oversee by JICA and concern they now have.
Also mission going on NOW - Answers expected from Ministeries in next few days - and Concerns about Banking /FX.
All this "Old News" to them!! Lol
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"The cumulative amount of Japan's grant aid to Bangladesh has reached 494.489 Billion yen, out of which 256.866 Billion yen was given in the form of grant aid for the DEBT RELIEF. Bangladesh is the largest country receiving Japan's grant aid in the form of Debt relief" - Source: Ministry of Foreign Affairs of Japan.
Ok.then let them give more debt reliëf and we carry on as usual...sounds about right....,)
JICA are here because they are WORRIED and know situation is Worsening because of Fx Crisis!!
Why?
Cost of Imported Energy!! - they expect a swrrs from Ministries in next few days!
Do not think I am one with "low IQ" sir 😂
🦉
Wos i agree with your last post....
Where we have a different view is that you TRY to link it as a positive for GCM....
Then again you agree with me and that is why you didnt take my offer for you to buy @ 6p.... again well traded Wos.
Enough for today. Cheers mate
🤔
So far you have always been right. Do you see a realistic chance of significantly more than 5 pence?
Unless we get an announcement soon this will drift downwards……4p not far.
Reports on state of Bangladesh’s energy position hasn’t affected the price. No one knows if Phulbari will get the approval. Sitting with politician’s.
Just in time for my bonus to go in. Excellent 👌
I've just cashed a few k Premium Bonds in. May as well add here , because they haven't got me jack over there. What is still puzzling me though , is a month ago today , someone(s) chucked a couple of million in here ..Surely they know more than we do ?? Thats not "chump change". 😮
DJ you are 100% right some big big money has flowed into here in the last month and at a much higher price than now too. They are all confident that it’s going to happen.
We’ve had no big delayed sells so they’re sitting tight, so I’m going to do the same!
People are just panic selling and forgetting what we are all here for we all want this to happen quickly but things do seem to be taking abit of time. Hopefully not much longer to wait.
We’ve had days where literally nearly every trade was a buy, buying up subscription shares and the SP never moved I can guarantee if we have a day like that now with will rise north very quickly.
My average is much much higher than today’s closing prices and yes it does make me nervous that I’m currently massively in the red but I do believe it will come right in the end.
Just ride the waves ;-)
GLA
When this shoots up it will be too fast to catch!
I watch & hold patiently also - trust in the massive amount of evidence / indicatirsfor that rise!
🦉
Clear Wos wink wink.
Continue tomorrow shhhh
Yes,Gudge, guess Im lucky ..I managed to do well back in the days when it was buy at £1.25 and sell at £2.50. I had a bit of a AIM run sticking to them "doubling up" principles. I also only really began buying back again last year , having a couple of hundred quid on paydays. Looking back its mad to think I sold at price above, and now have 100 times less avg 👍