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https://en.barta24.com/details/national-en/169626/open-pit-coal-mining-possible-at-phulbari

This is the clearest indication yet that the gov are considering phulbari if this was 5 years ago it would fly up to 70-80p on this news , great find uk micky,

What’s with all the tiny buys and sells over this week. The commission would cost more than the trade , very strange.

The Bangladesh economy is going down the toilet and things are getting worst every day and I’m guessing you have no idea how the talks with the Bangladesh government are going or what the talks are about. Everyone is entitled to there opinion and yours has never changed. But it just that, your opinion. Worth no more or less than anyone els’s,

Does anyone know what the National Democratic Party (NDP) and the BNP’s position is regarding phulbari.

With the late trades and buying being reported as sells the share price is almost certainly being manipulated by the mm’s most likely for them to buy there own stock at low prices but it has to be said the volume is just not there to sustain any sort of momentum or hold any small rise.

The management have to shoulder a lot of the blame for this , the communication or information is none existent . We was given a small piece of information”we are in talks with the government “. Great …..about what , Is it about a proposal? If so who exactly are you talking to , What response are you having , Is it about a mine and a power station ? Or just a mine ? Or just a sola farm? Are you talking about what royalties the gov will get or what taxation is likely or even a buy out ? Come on gcm most of us have been here for years and some have invested heavily . I think we deserve to be kept a tad more informed. Any chance of an update ????

They import…import…import.. because they they get there kick back to top up there Swiss bank accounts while the people of Bangladesh get hung out to dry, it’s so obvious it’s shocking. The few have the power over the many and can’t see it changing any time soon

Been saying this for a while , they sell a few off below bid to bring the price back down while they are accumulating, the higher they let it go the more they pay for there stock , it won’t go anywhere until they have what they want and let it go , legalised fraud .

300k is the most they will give you a quote for….

• GCM Resources PLC
Quote details
BUY at 7.375
Quantity:
Consideration:
PM Levy:
Commission:
Total Cost:
300000 shares
£22.125.00 *
£1.00 *
£8.00 *
£22,134.00

IG ISA
1 4€
• GCM Resources PLC
Quote details
SELL at 5.3
Quantity:
Consideration:
PM Levy:
Commission:
Total Proceeds:
1000000 shares
£53,000.00 *
£1.00 *
£8.00 *
£52,991.00 *
* Estimated Values

You don’t see this often …..The mm’s will take 1 million shares in 1 go at 5.3 .

Good find , you have to feel sorry for the Bangladesh people they have been failed by there government while they fill there own pockets, It must be a living hell there at the moment and the solution is so obvious,

USE YOUR OWN RESOURCES….DIG YOUR OWN COAL

Can a delisted stock be relisted? A delisted stock can theoretically be relisted on a major exchange, but it's rare. The delisted company would have to avoid bankruptcy, solve the issue that forced the delisting, and again become compliant with the exchange's standards.

I have seen delisted company’s relist in the past, Polo has substantial assets and is by no means bankrupt. My understanding of it is tang allowed it to delist by not replacing the nomad as other large shareholders wanted him to do something he didn’t want to do so he delisted it to keep control. When the time is right for him I’m pretty sure he will relist,

All the management in GCM have plenty of shares or/and share options it would make no sense to delist gcm , take no notice. I would also of thought if GCM get the green light Tang will relist polo the unlock his own wealth, just my thoughts.

It would be ideal for hasina if joy takes over, like mother like son. He’s not exactly going to look into the corruption that’s been going on for the last 20 years or so. She’ll be able to hand over her black book of corrupt contacts and even put him in touch with her Swiss banker . On the back of mass suffering of the people she has Vowed to protect . Everything that is happening in Bangladesh right now falls squarely at her feet . Never mind retire I’d like to see her thrown in jail. Maybe she’s planning on signing the phulbari deal as a last thing to go out on a high and do the only single decent act she’s done since coming to power.

I take your point about supply and demand 99 but still not sure the trades are not manufactured to manipulate the share price to where they want it which I find annoying but agree sales of 300k are neither here nor there as I am here till the end good or bad.

I’m sure £3 per share would be enough to have most shareholders vote and love your confidence. It would be a lovely Christmas present for me personally suppose we can live in hope. Would be happy with just for another update at the moment to try build on the recent momentum I hope they don’t let the recent confidence fade away again

They have wiped of 16% of all shareholders holdings without any justification , any other business it would be classed as fraud but they do whatever they want with no one to answer to . There is a lot of money at stake here it’s about time it was regulated , would be an idea for the mm’s to need a nomad to keep an eye on them.

386,262 sold
271,323 bought
114,939 net sold , approximately £7000.

And that’s if they reported the trades correctly which I very much doubt, and they bring it down 16% , absolutely ridiculous , in my opinion should be criminal. Mm’s looking desperate.

MM’s at it again , someone bought over 10k yesterday morning and didn’t move the price at all 7k of sells today and they drop it 8%, More than likely trying to panic people into selling while the pick up cheap shares, hold tight something has to give soon with the odds shifting in last few months in GCM’s favour. DYOR

Apart from Barapukuria which is part of our coal stream phulbari is the only mine which is ready to go If they want to open pit mine in a hurry we are there only option.

Good find marv…..definitely feels different.