Member Info for adamk87

Blumagnet can you translate?

Thank you in advance

100% mate either way it’s win win for us. They stop buying and TR1 is issued will send us up, they carry on buying will keep pushing the SP up.

I’ve kept a close eye on them for weeks, the buying has been more relenting this week, so either their trying to fill the order, are expecting a rise and accumulating as many as possible at these levels or this sort of volume is what will come through each day (will definitely help SP).

Https://www.lse.co.uk/ShareTrades.html?shareprice=GCM.GB.PL&share=Gcm-Resources-Plc

You ever include these Searcher?

I make that 8x 100k buys today, there were quite a few yesterday too. Not chump change that’s for sure….and they’ve been accumulating for weeks.

The number of 100k tranches picked up over the last 7 weeks is crazy. Someone is taking up a big holding here, which can only be good for us pi’s. Can’t wait to find out who it is….

Ok, so you don’t have an answer to my question. Lol

I’ll answer for you Duster, previously we were at £8 per share with a target price of £21 thats a £800 million mcap for approval when the coal price was lower, no partners, none of the studies completed the past 15 years, a path to commercialisation that would’ve taken considerably longer with many obstacles, so yeah a billion is definitely within reach and for your metrics that’s 1% of asset value, which is a below minimum metric reading for any book you might recommend. Lol

Fyi i’m of the opinion we get bought out before any coal is sold, the Chinese will be all over this once approved. Paying a billion $ mcap value for a 100 billion asset is good business, wouldn’t you agree?

My response wasn’t from GCM - i contacted our Nomad and asked to speak to the person listed on RNS, he wasn’t available so spoke to a colleague who was very forthcoming.

Advised them of our predicament and any advice is appreciated, he asked which company i was calling about and was super helpful discussing in more detail than i expected (all of which I can’t write on here - but if anyone needs peace of mind, it’s definitely worth a call).

Duster the last time this WAS ABOUT to get given the go ahead it had a mcap of over 300 million, that was when the price of coal was considerably less than what it is now, before we had a financier and partner in Power China providing us with an avenue to actually extract the coal, before agreements were reached with locals to move them out.

If we were a 300 mcap on ‘potential’ approval then, what would we have been if given it??? Add into that all of the above and you’ll come to the realisation that you’re the one talking crap.

What value would you put on a 100 billion $ resource? Given we have a path to commercialisation lined up already

Tarkadahl 100%

He hasn’t posted on this board and doubt he will.

Our accounts were submitted and we will remain on Aim.

https://www.lse.co.uk/ShareChat.html?ShareTicker=POL&share=Pol

Maybe ask here. Polo own a large % of GCM and will be in the money soon, what that means for you shareholders I don’t know exactly but it can’t be any worse than it is now.

Hoping you guys can share the coming success of GCM.

So i just called our Nomad, receptionist put me through to ** in wealth management and he said although he’s not the correct person to talk to, it’s normal for any background checks to take weeks especially if the business is overseas and the nationals in question are foreign, that it’s nothing to worry about, having asked company name just before that. He can’t give market sensitive info but was very reassuring.

Nomad a call*

An NED was at the recent AGM, one will be appointed.

If not, personally I don’t expect anything without a LSE listing. Regardless of being able to sell on alternative markets etc.

Tangs own investment hinges on the LSE listing hence self funding and not taking a wage in years to keep it alive. We already know an NED has been found and will be appointed once Nomad completed checks, maybe give the Nomad.

18-Mar-24 10:08:15 9.00 100,000 Unknown* 9,000 O

18-Mar-24 10:05:14 8.94 100,000 Unknown* 8,940 O

18-Mar-24 11:04:54 8.30 1,090 Buy* 90.47 O

18-Mar-24 10:04:52 8.94 100,000 Unknown* 8,940 O

Our buyer continues to add.

Must have a ridiculous amount of shares, given they’ve been loading up since 1st Feb - need a 3 day lull in buying before having to issue TR1. Would love to know who it is haha but either way, follow the money.

If they keep going another 2-3 weeks and approval given, there’ll be a good chance it’s a govt linked entity taking a position.

- Proposal submitted within 13 days

- 100 billion $ asset

- Active buyer

- Small free float

- Bangla needs our coal more than we need them

Perfect storm is brewing boys. Once we break 13p it’s a clear run up to 40p

The article says ‘by April’…so the next 12-13 days.

Imagine saying to someone you’ll have work done by 10pm. That means come 10pm work needs to be done.

April starts in 13 days, so ‘by’ then this will be with govt.

Am i reading this wrong? Or are others. Lol

Ohh 100% brother, each to their own. We all have our own thoughts looking in from the outside but want the same result, which is approval and retirement haha! GL

It wasn’t aimed at you mankini, but question for you…when was the last proposal put forward to govt (not including soft approaches)? Something we can compare this too.

Hint..you’ll struggle to find one. Lol

We can’t compare this to late updates, financial reporting etc because it’s not just GCM involved in the process, hence i believe it will be done as stated in official release.

Nobody knows more than what’s written in official releases, such as the extract you just posted. There’s also the below:

‘Throughout the reporting period and beyond, the Company's Dhaka-based team has maintained contact with the relevant government agencies and there is credible evidence that the "new plans" cited by the Honourable Prime Minister are being framed and that such plans are addressing domestic coal extraction and exploration efforts for new gas. This is exciting news for the Company, the Project and its Shareholders and efforts are being made to ensure we are in the strongest position to engage with the newly elected government within the 1st Quarter 2024 and deliver the Project Proposal which includes a large-scale Solar Power Park as an adjunct’

Some don’t think the above means proposal will be put forward within the next 13 days….but it clearly says ‘engage with govt first quarter (which has been done prob since govt reelected, hence the funding rns) AND DELIVER THE PROJECT PROPOSAL.’

That to me definitely reads like it’ll be done within 2 weeks if it hasn’t already.

I’m also of the opinion DG have sold most if not all of their shares since Monday because nothing on their website indicates they hold shares in companies, they have bills, wages, rent and other expenses to think of and took on lobbying for GCM to govt when SP was lower than what they’ve sold at the past week - IF it was them selling, obv i’d prefer they weren’t selling because it add more weight to approval and them selling higher but I understand why they would given if GCM proposal is successful DG’s success fee is an additional 4% of current shares in issue which they can’t sell for 6 months. So it kinda makes sense for them to shift some now to keep the lights on given they have no choice but to hold onto their success fee. That selling stunted our gains last week and going through last weeks big delayed sells it amounts to around 4 million shares, which is what they had.

We also have a large buyer, this coupled with seller clearing will see a massive scramble for shares very soon. I’m hoping NED is confirmed asap so i can add to my vast holdings even if it means paying more.

Interesting couple of weeks ahead for sure. GL

Most of the work has been done the past 18-24 months by DG lobbying etc. It’s not like a proposal will come out of the blue. Anything of significance has been addressed already (agreement with locals, funding etc)