Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Given the long protracted affair of GCM for someone to buy well over a million pounds worth of shares over the last 2 and a bit months is a good of a tell you’ll ever see.
So much money!! GLA
You’re giving dumb and dumber wayyyy too much credit here redey.
The warrants from todays RNS are hitting the market 8th April - todays large delayed printed trades are nearly all worked buys, the price is being held back to fulfil background orders and create a support before moving back up, which it will do quickly as shown earlier today.
Jamess is a salty ex polo holder who talked this down since 2p, he hates Tang and now a few of us too 😂 he just wants to be taken seriously but the more he says the less serious he’s taken.
Professional admitted he’s here to talk down wise owls investments - he’s doing the same at MATD, (hence i blocked his rubbish), he’s not shorting here…no one is. I’ve told you this before. Try to find a platform yourself and open a short, see how far you get.
Imo DG were the ones selling last month, because they’re in for 4% of shares issued once we get approved and them new shares can’t be sold for 6 months.
Aside from approval, no one wants to be out when RNS’s land and we find out who our buyers are. Feb & March were loaded with big block buys in 50k, 100k and 200k tranches…doesn’t look like they’re slowing down into April…!!!
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This is how he reads on my screen…and guess what the colour of text is GREEN!!!
Not everything green is GRASS!!! Hahaha
Https://www.lse.co.uk/ShareTrades.html?shareprice=GCM.GB.PL&share=Gcm-Resources-Plc
Couple more biggies on here for your Searcher.
‘3:1 placing’
’get removed soon’
Careful jamess or your
‘I’m invested here’ mask will fall off 😂😂
Jamess check this:
02-Apr-24 13:43:25 7.25 24,634 Buy* 1,786 O
02-Apr-24 14:37:43 7.00 24,634 Sell* 1,724 O
He’ll have as much cash as you have brain cells soon. Lol
SP is creating a new support as it bounces around 6-10p the last few weeks. This and background buying/selling are reasons price is being manipulated, clear for all to see.
Within 150k worth of share trades the buy price went from 6.7 to negotiated trade at 7.5p (less than 10 grands worth of trades).
Plenty of funding options per conversations held at AGM - everyone here assumes Tang takes this up himself hence a discount, what if it’s someone Government or China affiliated taking it? Definitely won’t be a discount offered there boys…and the price will rocket!!
With us being so close to transformational news anything is possible and a strategy of being ‘in’ at the pennies while awaiting pounds feels like the right one for me!
YKIR that’s fair. Just making you aware if you weren’t already re support and how these things play out, so you don’t lose out hoping for cheaper entry.
Someone bought up 200k shares earlier today, delayed buy just printed. They don’t care about support or resistance and are banking on boom!
YKIR we’ve known about fundraise for months, the SP is creating support at 6p area and has been for weeks. If you’re a believer and have sold your full holding while in this trading zone for short term gains, don’t be foolish and sit out while we approach bottom of the zone.
The same way they’ve moved it down on little, the same way they’ll take it back up on the same as they have done previous 3 times.
Project Type Thermal
Total Capacity (MW) 2000
Active Capacity (MW) -
Pipeline Capacity (MW) 2000
Project Status Permitting
Project Location Rangpur, Bangladesh
Project Developer GCM Resources; Power Construction Corporation of China
Description
The project is being developed and currently owned by GCM Resources and Power Construction Corporation of China. The company's ownership stake in the project stands as 80% and 20% respectively.
It is a Steam Turbine power plant. The fuel will be procured from Phulbari coal mine.
The thermal power project will consists of 2 turbines each with 1,000 MW nameplate capacity.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
Contractors involved
Power Construction Corporation of China is expected to render engineering procurement construction services for the coal fired power project.
**Project status is Permitting. How do these guys know this? It was previously in a Dormant status. From the website Power Technology, very reputable in this space.
further to your comments yesterday phulbari. the fact no anti phulbari squad has mobilised to date, given press releases, energy minister openly talking open pit mining tells its own story (probably the full story).
a lot has changed since 2005, namely it was hasina’s first term (public and international image had big importance) with 2024 she’s just been reelected for her last….
20 years in govt later she’s (hopefully) realised imf loans are bleeding them dry (take neighbouring ****stan as a prime example), with recent investment from in main the chinese govt, bangla are moving in the right direction. mining what’s in their back yards needs to be done now by them or it will be done later to pay interests on debt by someone else.
If you’re a regular reader of the bb and believe jamess is invested in GCM then more the fool you. This is the same guy shouting sell and anti tang at 2p because he got shafted out of his polo holding. He’s been subtly (today) and not so subtly (past few weeks) deramping ever since..i understand trading with caution and i know a salty individual when coming across one and he is certainly the latter.
Last week he was suggesting hypothetical scenarios, such as ‘what if power china pull funding’. This week it’s placement. Lol
Power China inked deals worth over CNY1.1 trillion (USD152.4 billion) last year, a 13.2 percent increase on the prior year.
⬆️ I don’t think they’ve stuck around GCM 6 years, lobbied government and carried out a joint proposal just to pull the plug on less than 0.5% of last year’s investments.
Searcher is right in suggesting any placing won’t have the slightest difference over a shorter to medium term and IF it is done before the end of May it’s been done because approval also arrives before the end of May with someone wanting a piece of the cake (likely someone Tang affiliated) imo.