Member Info for Bangla

They have already stated proposal to be given in 1st quarter with some sort of participation/partnership with GOB. We are hoping for confirmation and more details today

Usually about 2 hours but there is a lot to discuss in this one and I would anticipate a lot of questions so could rumble on , I don’t think there is a set time

The nomads will be involved with the process of recruiting new Ned’s which is not a 2 minute process, if they are completing there due diligence and are happy there will be a imminent resolution they might decide not to resign pending the completion of the process, also let’s make it clear a suspension, which we had last month is not a delisting, according to the gcm website last time I looked Kieth fuller had 1.8 million shares so you can be sure he’s doing everything in his power not to delist , I expect the nomad situation to be resolved even if it’s after the AGM ,

2.13 to buy on IG ,

Just to remind everyone how important it is to vote for Gary lyes reelection, if he was to not get reelected it would put us back to not having enough directors even if we get the new NED’s before the AGM, I no it’s pretty obvious but it can’t do any harm to remind people how imperative it is ,

I’m getting a dummy buy at 2.12 on IG so last couple trades buys recorded as sells , mm’s doing everything they can to keep it down as they accumulate, imo only

The buys going through and the price dropping it’s probably the mm’s doing the buying and keeping it low for themselves to load up, shocking really

Whatever way you look at it it’s a lot !!!!!!

Nice action today I wonder if we have a Monday morning 7am rns coming, if so if your not in now you will struggle, not ramping just seen how fast GCM moves on good news and more importantly these days good confidence, good luck all

It seems the green light is almost a formality now and we’re still languishing down here at 2p we should be up towards a £1 on past prices , all we need is an rns with a couple of NED’s and this will rerate for sure

The fact remains that Tang has coursed all this uncertainty with forcing Christian to resign Why? If it wasn’t for Tang , After all these years we would be in a situation were we would be on the verge of putting in a proposal to the GOB with there inclusion, the situation Bangladesh finds itself after years of mismanagement and corruption permission to mine would have to be given . We should be flying at the moment and shareholders confidence should be sky high instead everyone is worried Tang is trying to pull another polo,

I’ve read Christian’s excellent rns again and there seems to be a lot on what is expected of directors and what the rules/laws are on how they need to behave I’m now wondering if yhat rns was a parting shot at Tang and can be used against him if he wants to do anything that’s not in the shareholders/ stakeholders interests . One think I’m pretty sure of is if GCM can get these NED’s on board we should see a decent re-rate . Only my opinion .

Keeping shareholders up date with developments has never been the company’s strong point I suspect the rns will come out the blue, GCM keep a tight ship and usually give nothing away, a lot rests on the next rns , let’s hope it’s a good one and not to far away.

Flip side just for balance, the longer without the neds being appointed the lower it will go

I’m not sure it will take till after AGM to see price rise , company has already given a detailed rns on direction with a proposal to government with some sort of participation by the GOB, genius by the way , probably the only way they can give approval to a western company

I think just an rns saying we have one Ned on board would be enough to give shareholders a lot of confidence, why would you employ one if you were going to delist , If they employ 2 removing the threat of delisting all together and I would expect to see a re-rate ,

Good look to all shareholders next 3 weeks are critical ,

Hi searcher I have been here a long time and have enjoyed reading your posts, Always factual and well thought through I have the uttermost respect for what you have to say , In this case I am afraid we will have to agree to disagree.

Christian wrote a superb rns , probably the best we have ever had only to be repaid by being forced out by Tang , meaning if things don’t change we will be delisted, how are alarm bells no ringing in your ears, If tang had not done so we would be sitting here in a very different place , I hope for all our sakes I am wrong and we will find out soon enough, I would love to see us hire the new Ned’s soon and we can move on to bigger and better things

It is my honest opinion Tang is just waiting for gcm to go bust and buy the licence from the receivers, he’s already a millionaire and it’s my opinion he wants to be a billionaire at our expense

We as shareholders have a lot of power if we stick together, with more than 5% of the company we can call an extra ordinary AGM and ask them what ever we want , with more than 50% of the votes we can remove tang by law, I just no how we go about it , we certainly have more power in numbers , once we are delisted we don’t have any power it is too late , unfortunately there is still shareholders who think tang is doing a good job despite ruining the lives of all the shareholders in polo, don’t forget it is him and him alone that has put us on the brink of delisting , I don’t even no how he is allowed to use the polo shares to vote they don’t belong to him , I’m a polo shareholder and it was certainly not my vote to oust Christian , Tang is rotten to the core

Will they ever learn, more debt to simply push the problem down the road another year they will be in the same position with no fuel or funds to buy but with a 2.1 billion pound debt to pay also, you couldn’t make this up , come on gcm get the Ned’s hired , get the proposal in with the gov as a partner and let’s get this done ,

I was wondering last night what would happen to the polo shareholders if GCM was given permission to mine and the share price went into the pounds , in the words of Alan Bateman from the post office scandal at the moment there just “skint little people “, If that was to happen some of them would technically be very wealthy with a lot more to loose . I would expect Tang would have some law suits from to fight. Also as a lot of people invested in both like myself there will be a lot of GCM investors with deep pockets who will go after Tang , again , like myself ,

I agree redeyemines it is the forced retirement of ctw and the threat of Tang/polo delisting us due to the nomad resigning, especially with his track record of stealing polo from under the shareholders noses,

I myself have some funds put away and if we can hire another couple of Ned’s and by the time of the AGM it will only be 4 weeks to the end of the first quarter I will be going in heavy for sure, I’ve never seen a share move like gcm on good news ,

Hopefully news on new Ned’s soon . I don’t trust tang and can’t forgive him for polo but will sleep better once the threat of delisting has passed

Don’t forget everyone to vote for the reelection of Gary lye , we need him now more than ever