Member Info for AIMtodeath

Were buys.....need a few more like these in open market than background

Progress and Strategic Developments

Throughout the reporting period, GCM maintained strong operational and technical readiness while continuing its engagement with policymakers, stakeholders, and strategic partners. The Company completed a significant update to its Project Economic Model, confirming the financial robustness of the Project and reinforcing its attractiveness under current market conditions. The updated analysis demonstrates an Internal Rate of Return (IRR) of 20-30 percent, for the project equity reflecting improved capital efficiency and strong cash flow potential once operations commence.

A key advancement during the year was the adoption of a contract-mining model, reducing initial capital expenditure and accelerating early production readiness. This structure provides operational flexibility while leveraging the expertise of major international mining contractors. In line with this strategy, GCM has executed an EPC contract with its development partner, PowerChina, covering mine infrastructure development and overburden removal to access coal seams. This partnership underscores the Project's technical credibility and its readiness for immediate mobilisation upon Government approval.

They did that last year did they not?

I'm sure there is reference to updated study incorporating the overburden etc

We presented to interim Government and other leaders and scholars last Feb to help them understand the possibilities in extracting coal and open pit and Phulbari was considered the best example going. Some had reservations and in the last year those no doubt will have been addressed. Like relocations etc, compensations...

Mining is never 100% perfect scenario there are downsides, do those downsides outweigh the country collapsing in debt and no power?.... of course nothing should ruin future generations if done correctly and people are treated with full respect.

But yet Gooner you don't find NCs deramping news about coal contract acting like it's instead of own coal, you have nothing.....

This is blatant misdirection...

It is a minimum of 2 yrs before ANY coal can be extracted in Bangladesh.....so what are they meant to do until then????

We need some tungsten in the coal.....ha

Coal not exactly on everyone's lips these days....

Trader with no conviction....bye

Lets see...

Well what it actually means today!

https://x.com/i/status/2022046789831209161

Pointing out that having tin and copper makes even lower grade WO3 intersections economic and defo be included in the MRE as under exploration target

YNIR..... you do not exactly come with a glowing posting history.... I'd sit this one out on how nice people are on the board.

You know how you have behaved and what you have posted historically.... based on whether you had shares or not...

Internationally it is a good sign of string democracy and they can engage with a Gov with a firm people's mandate.

Greater investment stability and assured policies.

This is important for public mandate and to stop others calling for recounts and vote stealing to win.

This is too wide a margin to say any of this happened.

Less likely to see violence hopefully as they have been comprehensively beaten and pointless to do so. They would be in a minority.

Don't follow x or y blindly.....so Lassonde, you have a big project in an average or poor market with okay financials competing with other projects.....in say Africa....

Now there could be 2 years to finance, no more regular project development RNS'......yeah some step out.

However, this is completely different! Super hot market, high demand, critical markets, Gov grants, not in Africa..... you could find this is guaranteed finance long before DFS is complete.

Use things to guide but don't follow them blindly

Muldoon,

OMI dropped because the expectation was greater than the MRE which actually disappointing to an extent.

It's been fairly quiet on the violence front for Bangladesh standards.....

It was a low grade tungsten intersection but a solid 50m of it....but it's the fact it had 0.4% copper!....that's worthy of mining copper alone.

What is important that factoring in the other materials it still comes out 0.33% tungsten which is good.

I read some report online about different stages of the coal fields and ask the ones still to do studies GCM name was one down as application to do studies.

At the end of the day who has the most experience in country at doing mine studies?? Perhaps we might lead other studies using an that experience.

Must have seen the 2 posts and thought one of our fwends that likes to post.