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Bangladesh must keep all widows (coal, gas, nuclear, power import, renewable, open in the fuel mix because mono-fuel dependency would make the energy security vulnerable. According to him, extraction of local coal should get priority.
Moderating the discussion, Mollah Amzad Hossain, Editor of Energy & Power magazine, said the country’s primary and secondary energy would become 90% dependent on imports by 2030. So, the energy mix should not be based on mono-fuel like gas under any circumstance. He argued that Bangladesh was almost entirely (98%) dependent on natural gas for its power generation. As soon as the gas supply started declining, the country had to fall in a sudden fuel crisis and go for expensive liquid fuel-based generation to meet the growing demand. By then, the government started developing coal-based base load power plants. In the half-way of its coal plan, the government again contemplating to go for gas-based generation, mainly due to starting import of LNG comparatively at lower cost thanks to the Covid-induced price debacle in the global market. But the price of the imported fuel of any kind could shoot up anytime. In this context, coal is the only fuel the price and supply of which remain stable for around last 100 years and is predicted to remain stable for 100 years more. So, the policymakers should not consider going back to mono-fuel again.
Presently, there is a discussion among the policymakers as well as the policy movers to consider whether the planned coal-based large power plants should be replaced with LNG-based ones for the sake of protecting the environment and the planet.
The experts advised to exploit own coal resources and set up mine-mouth power plants besides importing coal for power generation in the coastal areas. One mining expert suggested developing Barapukuria and Phulbari mines in tandem through technically appropriate open pit method as these are a single structure. There are off-the-shelf proven technologies for managing mine water and environment. These are not the issues though. Taking a political decision for mining is the lone issue now.
There is a move by the government to convert many coal fired plants to LNG. Experts and policymakers at a recent webinar opined that we have spent too little time in planning for contingencies on how to handle coal-import infrastructure. A sudden switch from coal to LNG would make us wholly dependent on import and mono-fuel. The problems associated with the import dependence carry high risk since price volatility will make it impossible to make energy affordable and deliveries uncertain.
While some experts believe coal will remain a mainstay for the next century, the setting up of coal mines should be at Phulbari and Barapukuria. Local people’s concerns can be mitigated by having competitive compensation packages and technology is now available to mitigate water-related issues and environmental concerns. Most attention was put on building coal plants and not enough on logistics about how to transport the imported coal. The discussion over last five years has been focused on import of coal while ignoring challenge of transport that involves sustained and expensive dredging. It is time to rethink exploration of own coal for both affordability and energy-independence.
https://ep-bd.com/view/details/magazine/MTE2/title?q=volume+18+issue+13
who has sold ?, no one dyani exchanged for polo, the greater share number affects everyone's holdings they appear less % wise ,
sell if you no longer fancy it simple,, or are you some one who just leaves there investment to hope ?
it changes daily a share the minute u don't like it sell ,
no thing can be more senseless than investing your money, then knocking the investment !!!!!!
that's what does not make sense to me, if the writing is on the wall our PI in bangla, and others would know and be dumping , but they are not, ! it almost seems by design it would only take a large buy , new broker, Pi getting articles out there would see this spike , but the lack of effort from company is something to be aware of,, {just a thought} , i still have not sold, nor have any big holders
me im having a great day my blood markers are now down to 49 from 4700, so the C is on the back foot, just got a new drug so hope there too. im still all in here ,gutted its not done and dusted,, im staying in ,what are you doing other than blaming the world for your investment, ?????, GL what ever u do , best do opposite to me you will be guaranteed success, no one is more fed up with the wait than me i can promise you,
read the broker report the figures are from there ,
this share has also traded at £9 ,
now get pen and paper out and do the figure's, surly you did that pre investing ?
now reassess your investment ,if its no longer looks good sell, take responsibility for your investments , start now ,
again good luck with your choice, i have never said this will be £9 ,/could be yes/has been yes, these are facts ?,
p""" off , more fool you if you read my posts and dont like whats in them, also i invested my money here, still have £840k to be precise, rather than blame any one i get on with it, happy no,
but again i would be buying here to trade , so good luck don't respond expecting a response, thanks
not yet still unfit to fly, my response has been really good but the chemo regime is hard, no clinical trails in uk ATM, hoping not to far away me getting home,,
got to be close now a decision, surely, and i have been saying it for years no one is more ****ed off than me at the time its taken, But i still would not sell a share at this moment with the info i have gotten over the years, GL All
Would have this on a run .with that news and all thats due.. power china are the key they are still in and the miners PC are holding there hands. The value of this project almost doubled on paper with coal on a rip. Got to stay patient now. Inspite of being kept in the dark..cant be long now if its a goer
hi guys, im doing my best to get well,,,, still here and have not sold lots of news due ,and that is not fake news rather our reality our main partners P/C , not new news , but true,, lots to come near term many x todays is my guess, GL All
When this news comes and it will , we should rerate,to my mind
We are also pleased to report that a large part of the process towards finalising our strategic partnership with NFC and PowerChina has been completed. Both NFC and PowerChina are highly respected global companies, and in becoming strategic partners to the Project, will add tremendous strength and credibility to our proposal.
"I would like to thank the teams at both NFC and PowerChina for their dedication and continuing support, particularly during this global crisis, towards delivering substantial benefits for the Government of Bangladesh, its people and our stakeholders."
Outlook
Finally, I would like to thank our shareholders for their continued commitment and support for GCM and its prospects. We are looking forward to finally presenting the Project Proposal to the Bangladesh Government and progressing the Project in the interest of our shareholders and other stakeholders. However, it would be unrealistic to assume the COVID-19 pandemic won't have an impact on our timelines, given that governments worldwide are focused on dealing with the pandemic.
Tang wastes nothing money, or informing the market, he is extremely upbeat in our mids, stick to real news not nonsense ,why after 6 yrs knows this inside out ,linked to key people would he be buying more ??????????????
Was not any good news are you kidding ?, what about Tang back in full control @ polo, polo buying the agreed overhang from Dyani in exchange for polo shares , the only 2 people who know the real facts ARE BUYING WHOLESALE !!!!!!!!!!!!!!!!!
RALFS NOT A KEY PLAYER ,MM would not run it up for 200k shares, he left through frustration the deal is great but Tang calls all the shots,its that simple , Dyani ,PR firm are the only influencing factors with Tang, can not understand how the market is misreading it , personally,, i hoped we would have been closer to £1 now but we are in the end game virus permiting ,,,we could get great news any day now any day !!!!!!!!!!!!!!!,
There never was a forced seller !, the reason we drop to 8p was because markets crashed, and we were lagging with news
the two people who know more than any one are both hanging onto every share ,dyani could have easley off loaded to market or other key buyer @ and took x£2 million and still have another 15% on there way to them , THERE ARE NO BIGGER VOTES OF CONFIDENCE,,,,, of course theres a 6 mth extention ,why would there not be with china,, buy all you can while its cheap, the only people in the know are buying all they can
we have the major J/V P/C,
we have polo holding all excess shares along with 12.5 %interest on funds tang back in charge,,,
mining j/v, proposal , with interest from government body will send ballistic,
if its a B/O it will be done sooner than later ,Tang does not want it, but i believe If it has to be that way upwards of £3