Member Info for AIMtodeath

This is the money we will spend on your country and this is what you will do to make that happen.....Everyone clear??

this is a higher level meeeting than smiler got, this is the real Gov of Bangladesh that will be making the decisions shortly, China getting them ready for what is to come so they hit the road running and no time is wasted. There is a lot of investment to come from China and they will want things in return or thing sin place before they will invest these vast sums.

Energy security and dependency will be TOP of the list! A LOT rides on it.

They sure as heck will finance coal, they get the work, they get access to the coal if Bangla don't want or use it all....and if they are to bring LOOOOOTTTSSSS of investment to the country they WILL need plenty of stable power. There will be solar etc in the mix but no chance that will be enough to overcome current problems and enough to support future demand increases.

We will not own this company 100% once mining, we will at least barter some for Capex probably the miner will take a stake. This is less dillution because it will be based on value of project not a wrongly priced share price. Not only will Chinese do a huge EPC they will help organise funding. I doubt it will be a problem given the nature of the 100% offtake easily obtained and the fact China as a country will want this project to succeed as they have so much to gain from it, the work in the project plus the future investments in Bangla that this will help support with better secured stable power. Billions of dollars won't be that hard for this project, giving some up will be the worst that can happen.

We might see the partner take an early bigger stake to lay claim to making sure it gets over the line without others taking a slice and interfering.

We might just see a full buy out and they run the whole show but £2 a share before you'd even consider.

We might see Bangladesh taking a stake to give it more Government gravitas and to tie in with their own coal pit extension to ours...team up!

The people taking positions or intend to have a runway to Feb elections, this is now a target, whereas 2 weeks ago even an election wasn't on the cards.

Of course all the position taking isn't going to happen the week before the election, a:it is happening and b: BNP are favouritess.... you can start buying tickets now because they won't get any cheaper as that is the outcome that is best for GCM. How long do you watch before booking your tickets.....just now it feels like there are people hovering over buy buttons looking a deal, but if price keep going north with others hitting the button first then you need to decide to get in before price runs away.

By the stage of post elections people might be thinking of future funding but seriously if BNP are in power and in bed with Chinese (heck they are already being sounded out directly by Beijing) and talk of own resource use getting more funds will not be an issue, there might even be a queue. Note last raise had no warrants, tell me how many raises you have seen in last 4 years that didn't have some cheap addon. They won't get warrants on the next one either if the above comes to pass. I actually think at that stage the Chinese will start taking a position in the company as mining partners etc. We will lose some of the company eventually that is inevitable, but when you own so much value in the ground for an in demand product with 100% offtake easily obtained you might not have to give too much away.

The twist in all this run up to elections is any whisper of interim gov setting up the pathway for own coal in advance of elections, that will be a spanner in the works of anyone waiting too long. Despite Yunnus being a green supporter everyone knows that coal is there to stay in their energy mix for a generation at least. They need to reduce dependency on imported coal, on rubbish expensive coal, it is economic and actually a green enhancement to use own coal when you are going to be burning coal anyway! We might not get the extension to the plan of building more power stations, but they defo need allll the coal. There is only one project that can save their financial mess in the short term and that is GCM. They know about us and have had presentations using our plans. If they don't go with us and try to start looking at another site they are years behind and in a costly arbitration (more common these days). I think long term we will become partners and mine that whole region turning their underground mine into open pit as an extention to GCM. It improves their argument to using GCM pit that they will be mining there too. A country needed project! They are either using us and others/themselves or they are not open pit mining at all. It is getting rather more favourable to open pit mine and use coal for them....financially and on a world scale everyone else is starting to ramp it up, the people want power, want jobs and out of poverty. China is standing on the side lines waiting to help

Think there are some sellers and buyers but they both want better prices so they are not rocking the boat to much and crashing the bid or ask. There is as much transacting in the auctions as live prices. The auctions are giving both seller and buyer better price as they are cutting out the MMs, whom are not providing good liquidity. They should drop the ask to 4.2 max, push up bid as required to keep them in shares to fill buy orders. This runaway ask is not helping any people taking positions as it is too light for any meaningful buying. If this pulls back below 4p I should think there will be support from those taking positions, but they are not in a hurry to chase this up over 5p with a handful of buys and not much to show for it.

Even if BNP twist his arm, he isn't going to come straight out of meeting and blurt out he has changed his mind.

He'll go back home, pretend to take on board other points of view now being expressed and agree in best interests to move fwd the date.

Or he sticks by his guns and street protests start. It will get messy and army might shrug shoulders and say you were warned. It will not be the legacy he wants.

Prepare for street protests....if your idiot leader doesn't play ball.... 😉

Either yield or face street protests and an undignified departure....

If he said yes, he'd have to stand down immediately, but he does want certain others to do it....ha.

Dummy sells I presume they mean. Just a healthy book with some liquidity nothing more.

Auctions showing buyers willing to backstop any selling activity, but hesitatant to chase the ASK at moment waiting for sellers to give them more liquidity probably. At some point they need to move or decision could be taken from them. They want to accumulate here but can't buy too much or MMs will jump up quickly.

Committees, advisors etc they love a crowded Government..... there are quangos and departments of all types...

Where people take time out of their busy lives to create an account and sit and bash/argue with people on a BB of a share they don't own or intend to own..... immediately after creating the account.

Mind boggles...

As if by magic.....

Theydon't need to go looking for coal money....

That's already in the bag from the Chinese. Energy independence for an the factories they want to build there needs an energy backstop.

Https://www.daily-sun.com/post/808644

When all your neighbours are benefiting from coal to support their growing economies and demand for power Bangladesh has a very strong argument to do so.

How will they support all the Chinese investment waiting to come? They won't invest without a stable power Base.

Https://oilprice.com/Latest-Energy-News/World-News/Trumps-Coal-Comeback-Goes-Global.html

Everyone else is at it!.... China will want to control the narrative to ensure other players don't get access. If Bangladesh isn't using it, China will. If not most of East Asia!

Back stopped at April, only go one way now.

I said he went for compromise, but with no valid reason to wait that long and with an the issues mentioned conducting elections at that time pressure will be in daily.

Once the reforms are sorted, people will take to the streets for sure.

Political parties for December will need to start rallies 'together ' so no one party seen as driving it.

They do it with the backing of their supporters whom they represent.

April is now the worst case scenario and a back stop, date may yet be fluid.

If they can sort out the reforms quickly then there will be no reason to wait endless months for something that can be held straight away once the reforms are done. That's when people will really take to the street. There will be no need for an interim Gov at that time.

No worse than any end of week trader (trade pot) might do, perhaps helped by the news that this current foray higher might have run out of steam today anyway. The 3 sells at 2.40 most likely one of those people. Anyone buying the last 2 days didn't do it with a preconception that they were getting December or earlier election (might still happen interim Gov FAFO), those same people will backstop any drop here on sell volume to get them the liquidity to load up more.

There is of course the continued dissatisfaction with the interim Gov with the people and they might hasten departure if things don't improve for Bangladesh.