Member Info for adamk87

We are at chump change prices, the market will flush out traders, large and small - elections are around the corner, before the whole hoo haa about election date, mining (specifically via open pit) own resources, was spoken about in detail and was being sold as the only viable way forward. We’ll no doubt see similar dialogue in the coming months, which will really get us moving imo.

We should break year high this time round, followed by 11-12p - a break there will see us with clear skies up to 30-33p.

All achievable prior to elections imo.

The paid bashers don’t just randomly appear, there’s no way someone goes through continuous effort of creating 3-5 accounts at a time to post and then vote up that post with his other accounts.

When they randomly appear to ramp a share, it’s time to sell - prime example being MATD, ramped to 2.5p a few months ago and now just above a penny with the paid rampers doing a disappearing act.

Vice versa, when they deramp - it’s time to buy. Something is happening in the background for someone to pay these losers and try to limit any rise (my guess is someone’s loading up - decent blocks have been taken the last few weeks resulting in sp rising).

It’s all fun and games until some real news lands and I believe that comes by way of initially Barakapuria getting the go ahead for open pit mining very soon, followed closely by Phulbari. State owned PetroBangla have already approved it at board level, waiting on a rubber stamp from govt.

One thing is guaranteed, in the lead up to it over the coming months we’re not gonna stay as a 14 million mcap company - closer to the 500 million we were in the past will do nicely, for starters.

A bengali paid to bash a share with project in Bangla is FISHY!!! Haha seems fitting!

The tweet he’s referring to is from last year World environment day with TR as opposition, of course he’s gonna bash the then corrupt AL govt, mentioning energy to highways!

Even bashing the AL govt his only point was the deals were done corruptly, which was later proved correct!

And the fact the projects were done *all without proper impact assessments* / which translates to, when we take power - we’ll ensure all the proper assessments are carried out.

Duhhh!!

YKIR good to have you back!

We have the MATD holder (Gigi) who’s never heard of OWL (LOL) quoting sub penny historic low pre approval / doesn’t he realise we’ve also had a historic 500 million market cap high pre approval.

Given we are now closer to approval than we are to sub penny (caused by sentiment following funding issues, nomad resignation and suspension looming) we should be trading a hell of a lot higher than our current 12m mcap….we’ll get there, as YKIR rightly points out, aint no party like a gcm party ones the SP gets moving!

Then there’s the Bengali lad who’s created an account just to bash GCM..!! Someone with Bengal in their name should know better! Energy issues are forcing hundreds of factories to close and thousands losing their jobs!!

On the energy front, the nation of 170 million people has set itself a target of generating 20% of its power from renewable energy by 2030 – a four-fold increase – and rising to 30% by 2040, the government said in a statement. Where do you think the rest will come from?

The world is u-turning fast with America/China/India all opening or set to open more coal mines in the coming years, the black diamond is here to stay. There's hardly any local interest and 0 foreign interest investing in Banglas solar projects in order to meet the 2030 goal.

‘Disinterestedness to participate in the tender process of Bangladesh Power Development Board's (PDB) grid-tied solar power plants is well reflected in the latest bid opening of 12 proposed solar power plants as no foreign company participated in the bidding process.’

Phulbari has been talked about alongside Bara

BCMCL engineers believe that the Barapukuria-Phulbari are adjacent coal fields and if properly planned, one 'box cut' can be developed at the southern part of Barapukuria coal field for developing both the fields. The 'box cut' can optimally be used for expanding the mine towards north for Barapukuria coal deposit and with some can be expanded towards the south for extracting coal from the Phulbari basin. The coal basin represents a world class size of mine and the quality of coal may attract investors (provided the government decides for open cut mining) as a techno-economically feasible option.

Bara is talked about in the link Digi sent earlier with govt funding involved, if Bara gets the go ahead for open pit, imo WE are in the money!

Reminder:

A policy decision to develop an open-pit coal mine in Barapukuria was made a decade ago. The then-energy minister informed parliament of this initiative back then, but the feasibility study was only submitted in 2023.

The project received board approval on May 8 last year.

However, as a state-owned company, board approval was not the final step. On June 24, Petrobangla approved the project and forwarded it to the Energy and Mineral Resources Division.

Now the fate of the project rests with the government.

‘maybe in the end, yunus may be forced into giving the green light rather than leaving the decision to the bnp…’

Imo he sets the wheels in motion.

‘In a major policy shift, the interim government has revived the proposed phase-2 of the 1,200-megawatt Matarbari coal-fired power plant, reversing the previous government's decision to ditch the project in 2021.’

Actions speak louder than words, tree huggers can cry all they want ‘students’ got the credit for removing Hasina, however they were just a bunch of paid bandits and religious fanatics…people have to understand she was removed because the vast majority of the country hated her.

Interim govt are keen on the idea of open pit mining as reported back in March, they wouldn’t have hosted a conference otherwise, BNP are in favour of it and accessing their own resources is what will save Bangla. So yeah, it’s certainly not off the table imo.

A read through BNP’s vision 2030 will have you feeling more confident (inevitable even). Common sense finally prevailing!!

I’ll drop in some key notes:

Climate:

‘Climate change is posing a serious threat to the existence of humanity. But, countries like Bangladesh is not responsible for this situation. The industrialized countries will have to bear the liability for this. The industrialized countries will have to come forward to redress the damage due to climate change.’

- An industrialized country is one with a highly developed economy that relies heavily on manufacturing and industrial production. These countries typically have a high standard of living, advanced infrastructure, and a large share of their GDP coming from industrial output.

Power & Energy:

‘To meet the requirements of desired double-digit growth rate (considering approximate demand for thirty five thousand megawatt of power by 2030), BNP will take initiatives to generate optimal amount of electricity. All types of energy sources available WITHIN the country shall be exploited to achieve the desired goal. A regional cooperation framework shall be developed as needed.’

In order to end prevailing power and energy deficit and ensure long term energy security, a well- coordinated national energy policy will be adopted and short, medium, and long term plans shall be taken up for its implementation. Least-cost generation plan shall be adopted. Correct and balanced energy- mix shall be ensured. Energy source will be diversified.

- Unlike Hasina, busy lining her pockets with expensive coal imports, finally we’re seeing a common sense approach in Bangla!

Experts including Prof Badrul Imam believes Bangladesh should rely on its own coal instead of expensive imports, with Hasina gone this can finally happen.

The combination of high quality coal, a large coal resource, thick seams, highly competitive average stripping ratio, low operating costs, a project life of over 30 years and easy access to domestic markets make Phulbari a world class coal project.

A 15m mcap when over 55 million has been spent to get the project where it is now! In the coming days, weeks and months we’ll hear from different parties on how they aim to address banglas energy crisis and crippling foreign reserves - undoubtedly this will include mention of own reserves, namely Phulbari - a project the BNP have been eager to get off the ground in the past!

The election date being moved forward proves Yunus doesn’t have the ‘backing’ he thought.

He went from floating the idea of a June 26 election to April before finally agreeing to Feb.

Bnp strengthening ties with the Chinese, ahead of winning the election.

Recipe for success!!

‘The Hydrocarbon Unit of the power and energy ministry on February 27 hosted a discussion attended by energy experts, geologists and consumer rights activists with a presentation that categorically promoted open-pit coal mining, particularly in Phulbari.’

‘The presentation was also flooded with many economic benefits of open-pit mining in Phulbari, such as the extraction of coal worth $83 billion over 30 years, an income of $16 billion in royalty and taxes, and an extra income of $17 billion from co-products.’

💵 💵

We are here for pounds, not pennies!!

Robbie April isn’t confirmed as a set date, it’s now the latest date it’ll happen. The opposition parties aren’t satisfied with April.

In a week or so with Yunus back off his jollies, pressure will ramp up. He’ll be lucky to make it through to December!!

In the meantime, investors will start clamouring for shares resulting in an upwards trajectory in share price - don’t expect it to fall back now with Phulbari the closest it’s been to a GL in years! (And of course traders who sold at lower prices than today, were thinking along your lines and have a massive sweat on 😂 you know i’m right!! 😉)

Another scenario for us is Yunus knowing Phulbari will get the go ahead under the BNP and set the wheels in motion himself, not forgetting only a few months ago:

‘The Hydrocarbon Unit of the power and energy ministry on February 27 hosted a discussion attended by energy experts, geologists and consumer rights activists with a presentation that categorically promoted open-pit coal mining, particularly in Phulbari.’

‘The presentation was also flooded with many economic benefits of open-pit mining in Phulbari, such as the extraction of coal worth $83 billion over 30 years, an income of $16 billion in royalty and taxes, and an extra income of $17 billion from co-products.’

- They’ll frame it as ‘environmentally friendly’ as they have done with the coal-fired Rampal plant, where construction started only a few weeks ago (like phulbari the woke climate gang were out in force, to no avail)…it’s a coal-fired power plant no less!

3 zeros 😂 at least you’re right in describing it as BS!

Almost 20% of the Bangla population lives below the poverty line..

The unemployment rate has only increased since interim govt took over and stands at 5%

Zero carbon - you’re aware the coal-fired Rampal power plant construction started only a few weeks ago right? It’ll take up to 4 years to complete…

https://www.daily-sun.com/post/222184/budget2025-2026

More people fell below the poverty line than ever before, unemployment at the highest its been in years, power shortages resulting in the industrial sector facing a severe recession, according to data from the Export Promotion Bureau (EPB), export earnings fell to $3.01 billion in April — the lowest in the current fiscal year. This is nearly $1.24 billion less than in March.

Don’t be gaslit by bs articles, the reality on the ground is very different - and (almost) everyone can see through the bs. GCM said as much themselves in recent release going as far as stating it’s a case of ‘when’ the green light arrives now instead of ‘if’.

It really is just a matter of time! There’s no better time, than now imo.

——

The US are opening/extending mines:

https://www.reuters.com/business/energy/trump-sign-executive-orders-boost-coal-industry-sources-say-2025-04-08/

‘The third promotes “grid security and reliability” by ensuring that grid policies are focused on “secure and effective energy production” as opposed to “woke” policies that “discriminate against secure sources of power like coal and other fossil fuels”.’

https://www.telegraph.co.uk/business/2025/03/18/trump-vows-open-hundreds-coal-plants-counter-china/

https://www.nytimes.com/2025/06/06/climate/bull-mountain-coal-mine-trump.html

——-

India are opening mines:

https://www.ft.com/content/ffae3a20-a94c-443a-9d2e-064d44a0d80b

Coal India, the world’s largest coal-producing company, is reopening more than 30 mines and launching up to five more on greenfield sites this year, saying the country’s renewables sector is yet unable to meet its growing energy demand.’

‘India holds the world’s fifth-largest coal reserves and the government has said the fuel “remains crucial”.’

——

China are opening mines:

https://www.carbonbrief.org/chinas-construction-of-new-coal-power-plants-reached-10-year-high-in-2024/

‘The country began building 94.5 gigawatts (GW) of new coal-power capacity and resumed 3.3GW of suspended projects in 2024, the highest level of construction in the past 10 years, according to the two thinktanks.’

——-

Heck, we’ve got Farage talking about it in the UK press today and mining coal in Wales!

The whole ‘green’ ‘woke’ agenda is firmly on the back burner - coal is the answer to the world’s increased power demand from growth in data centres, artificial intelligence, manufacturing (big issue in Bangla where factories are regularly closed due to power shortages, all year round!!).

Our coal is coming out…..soon!!

Kid yourself all you want YKIR - just don’t sit this one out for too long or you’ll be paying a lot more to get back in!

Good luck either way

The next govt’s legacy will be fixing Bangla energy crisis (phulbari playing its role).

It’s no surprise in March the interim govt were actively looking at it, they’d take credit for setting wheels in motion.

Since then Yunus clearly had others ideas in wanting his temporary govt to overstay it’s welcome and we’ve not really heard much since.

It wouldn’t surprise me, (now Yunus knows his days are numbered) to get more news on open pit at Barra and Phulbari in the coming weeks, so he can again take credit as he originally planned (knowing either way that coal needs to come out - as do GCM - in recent press release, GL was no longer an IF but WHEN it arrives).

—————

‘The government is favouring open-pit coal mining, saying that it intends to start the discussion, making things easier for the next government’

Talking of MATD…..it’s a hardly a surprise WOS went missing just ahead of another crappy rns release to the market from them, similar to his last disappearing act.

Santiago is a WOS knock off…spends all day yapping throughout bb’s without contributing in any way, my 7 year old makes more sense!

This is exactly right, I was a holder of MTL for 2 years (I’m still familiar with some of the posters there now 5 years later, like LeeHardcastle - the MTL equivalent of Searcher).

Having built up a decent holding (around 25 grand’s worth) sub 0.3p i sold at around 1.3p (needed cash - coupled with fear of losing the profit having held at the lows as long as i did).

Returns were great and at the time (with it being one of my first investments) I felt incredible. If I’d held another 24-30 months the SP is now trading above 8p (would’ve bagged me an extra 450k!!!)

Point being, there’s no truer phrase when it comes to trading than ‘buy when others are fearful’.

I have absolutely no doubt in my mind, GCM will come good in a big way - there’s no way coal is being left in the ground, it’s too valuable. (Hasina was lining her pockets for years, with her gone irrespective of new leadership - we’ll be given the GL and soon imo).

A year after we’ve received GL the thought of buying in at 3p will be the equivalent of buying MTL now at 0.2p (a dream).

‘In response to a question about the army’s stance on the election and the issue of the Army taking power, he said: “A lot was said about the election at the Officers Address, but we don’t want to comment on that. However, the Army has no intention of taking power. We haven’t had any discussions on this within our ranks.”

Not commenting on the election, is certainly not the same as Yunus staying in power until June 26 😂😂 by not commenting on elections he’s supporting Wakers stance on then being held at latest by Dec - only making clear the army don’t want to take power (hoping the transition is smooth).

‘He highlighted that the Army is working “unitedly” to protect the sovereignty and security of the country.’

Phulbari to the rescue!

*The interim govt knows it, having discussed it recently.

‘The Hydrocarbon Unit of the power and energy ministry on February 27 hosted a discussion attended by energy experts, geologists and consumer rights activists with a presentation that categorically promoted open-pit coal mining, particularly in Phulbari.’

‘The government is favouring open-pit coal mining, saying that it intends to start the discussion, making things easier for the next government,’ said Shamsul Alam, who also attended the government discussion.’

‘The interim government is in favour of open-pit mining in Barapukuria as well.’

*BNP knows it, having approved the mine in the past.

With grubby Hasina gone, we ‘holders’ of GCM shares are in a win-win situation. No matter how the political situation unravels (Yunus days are numbered and I don’t see him lasting long), Phulbari green light will arrive, everything from now until then, is just noise.

Finally let’s not forget:

‘The presentation was also flooded with many economic benefits of open-pit mining in Phulbari, such as the extraction of coal worth $83 billion over 30 years, an income of $16 billion in royalty and taxes, and an extra income of $17 billion from co-products.’

When Hasina was in power it was decades of same old, same old - as much as the protesters wanted her gone, so did the military (in the most part) and police. So much so, when protests took off it resulted in the collapse of civilian law enforcement during the upheaval, including a nationwide police strike that left many stations abandoned and public order in disarray.

It’s different now - the military in South Asia is more powerful than elected govt’s and when they want you gone, your days are numbered. In this case:

According to a report by The Daily Star, General Waker told a high-level gathering at Dhaka Cantonment, “Bangladesh needs political stability. This is only possible through an elected government, not by unelected decision-makers.” The comments came during a rare address in which he delivered a 30-minute speech, followed by more than an hour of questions and answers. Officers from across the country and at Bangladeshi UN missions reportedly joined the event, both physically and virtually, in full combat uniform – a show of unity and resolve.

The only reason he’s where he is now, is due to deep state influence (Washington) however this has now also shifted in BNP’s favour with Qatar (new face of the deep state) facilitating Khaleda Zia’s transition back to Bangla.

Today’s ‘protests’ have barely made it into Bangla press. The so called ‘student protesters’ were just a bunch of paid thugs and religious fanatics paid for to rile up locals, once you lose deep state backing, it’s game over.

Best case for Yunus and co is December elections, worst case is they’re gone within a few weeks.

He’s still trying to figure how to read charts 😂

Or maybe his prediction of fundraise by Sept when we have funds taking us into Feb 26 😂

I haven’t filtered just for comedic value he brings to the board. The meltdown today…..😂😂

Header says all 🦉