Member Info for AIMtodeath

No other agenda than a little cooling of the projections...... I'm invested and not sold a thing.

Until the company releases an updated NPV I'll be cautious as to what it will contain and then it becomes real.....at the moment it is projected by their own broker based on highest prices....an NPV will be based on projected prices for life of mine.

Npv is not $400m....

Not 'super' high

Not 'likely' to do anything

It matters not what should, it is what AIM gives you and it never is should

I want price to rise but on RELEASED facts from the COMPANY.... not constant hearsay projections a day...

Stocks.... they have Gold projects, copper, silver etc.

LOI offtake life of mine

US Gov on board

Respurce estimate due upgrade....more in indicated

Jurisdiction

Much more to value than resource estimate grades in inferred....

Nothing valued at retail value.....

There is much more to GMET stage development currently and that would be reflected in price.

Slowly and surely ticking the boxes we'll get there. We are not however worth £200m just yet. Better to move gradually with milestones so valuation will hold.

Overbought is a poor understanding of the technical.....a share can remain overbought as long as demand for shares is stronger than sellers. It is just an indication of demand and that demand can remain high. Overbought is a simplification of the technical when perhaps the share sits not have fundamentals to back the demand up.

If yu seriously want to develop next project you'd at least want $50m rest to throw at it?

Prices...it will do this, this will happen etc.

I know where the raw data comes from.... ;)

All for good discussion but some of you just post pie in sky ramps like it is going to happen.... nothing is certain, stick to facts.

Nm

How do you expect it to be much different than the half yearly report you got not long ago.

Spending is within their means.

Project will have advanced with drill results and possible sale of Leigh, maybe increased sales at Cobre and claim put in for 50% of drill costs....

Not sell anything without signing that contract!

But good to see them active and have purpose.

As much as I'd like an update, if the Interim Gov with the backing of to be Gov contenders is to use coal.... and the interim Gov to release energy policy with coal to be involved....I should imagine there might be plenty going on behind closed doors that GCM can't talk about. This will have to be led by Bangladesh on their terms and how they want to drive the news to the country.

Definitely much more noise about coal in general.

No doubt Bangladesh is going to take part in this mine and until that gets into motion GCM can't jump the gun.

What warrant holders can and do do.....is sell on open market shares they got from the 1.3p raise above 1.3p to make a quick profit, then sit on the 1.3p warrants up until last exercise date with zero risk on those shares. If price is below 1.3p nothing lost and if materially higher exercise for immediate uplift in value.

They had a partner that was to provide manpower.....they didn't

They have a possible group to run it but they need to wait until some of their other jobs finish such that they can devote more time to the mill because they can't stop and start, they need to run it full time and the others couldn't commit to fulltime just right now.

But in saying that they have opted to try to borrow monwy to expand the mill throughput to accommodate the increased demands locally from land owners with material to put through it.

Hopefully...HOPEFULLY the wait will be worth it, a larger throughput mill with an experienced team running it. Gold 50% minimum up sine this would have originally started.

There was a bit of a tungsten rush and then the BOD released news that didn't really provide much on the that development despite them saying thats what they were looking to do..... To be honest it was only sampling, drill results if good will add real value.

A lot of rainbow chasing going on whilst there was maybe time here. Tungsten, Gold, Crypto all been getting action. But shortly in anticipation of the energy policy I'd hope they'd want to be back in before it comes out.....as after might not be as easy or cheap.

MOU with Power China has turned into a Contract for mining - $1bill

The overburden that takes 2 years to strip....well that and the rest stripped over duration of mine valued at $17bill....soooooo normally CAPEX is a big hurdle for a project this size as payback takes time until mine running. In this case money comes flowing in from day 1. Speculation about it's use but not officially recognised yet.

Interim Gov talked about a Chinese investor with $15bill to invest in mining....probably the lifetime of the project plus power stations

GCM are moving to contract mining which will help with project economics and planning as you just leave it to the experts to do the work with all the latest kit

They simply have no choice but COAL!..... they would like it to be all gas and increasing renewables.....

However renewables are difficult and getting more difficult to get investment for, as Net Zero is unravelling for Western Industrialised Nations, they can't bring enough online fast enough either. It will take 20yrs to get any meaningful amount, plus as time goes on the demand for power expands so it is harder to fill the gap.

Gas has almost run out and they need to go drilling, take 5-10 yrs to get back to significant volumes, even if they can find commercial quantites!....

China understands that they can't expand on renewables alone and still using and expanding coal alongside.

Soooo COAL it is!.... even at high levels of renewables in future it will take 30yrs to get there and they need to fill the gap.

They already have coal power plants with this much life left, they are currently using them and will keep using them..... its not coal yes or no....it's own coal vs imported coal as a bare minimum.

Own coal cheaper per therm, it delivers higher output so buy less for same output, have to transport less of it, saves both money on the transport and saves carbon cost on the transport.

So they save automatically carbon on transport and 30% more output for same carbon in. Straight away they are improving their carbon footprint.

Bonus saving dollar funds and balance of payments, not relying on other countries, or world political supply issues.

Bonus bonus... after all that they actuality get back billions of dollars for the country and loads of employment over 30yrs...

Whats not to like!!!!

Interim Government setting up ground work for using own resources and one being coal. They have all parties onboard that this is needed to save the country.

Meetings and presentations have occurred discussing it and with reference to Phulbari. It stands out as their low hanging fruit.....insta mine and paid for by someone else! TOO EASY surely!

Well there is the will they mine or not mine, underground just didn't and doesn't cut the mustard....so open pit really only viable source and only one ready to go. This is their big dilemma they can't open pit without Phulbari unless they can totally prove it would be a disaster environmentally whilst they managed to find another mine that was suitable.....big legal challenge incoming otherwise.

Are they softening the blow to the people, openly discussing own resources, own coal, people understand the need now, putting in place really good compensation and top relocation plans, Government getting into project, National Importance now etc. Greasing the wheels!

Boils down to can they convert enough people into understanding and believing open pit mining at Phulbari is in everyone's best interests now. Chinese offering to make it happen and solve an energy crisis for 30yrs and leads to extra inward investments by chinese companies, factories expand with reliable power, jobs are

New Government on the way.....likely to be BNP

Interim Government supposedly about to release updated energy policy that promotes the use of OWN COAL to give the incoming Gov the freedom to use coal in the enrgy mix.

Interim Gov had an energy meeting about own resources and coal and used Phulbari plan/economics in the presentation.

Read the next 2 articles, one about the meeting and another about using coal at Phulbari -

https://online.fliphtml5.com/qklxk/wvlr/#p=11

Why? Because they simply cannot afford to buy outside resources anymore, they are running out of gas, the coal they do buy is rubbish, Net Zero is falling apart in western nations and many undeveloped and eastern nations are giving it the two fingers and going back/increasing coal usage to SAVE their economies. Bangla cannot compete with their economic rivals by not using coal.....but they don't even need to use more coal they just need to use thier OWN COAL to potential save them. They'll be doing so for the next 30 yrs anyway.

Many prominent politicians and business men have been shouting about own coal recently, newspapers (media) rerleasing articles about own coal..... its on everyones lips now.

It would seem it never in nearly 20 yrs come this close...

But ADW said there was, he keeps going on about them

RSP quotes were for BUYS priced at 5.75p