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I would believe that the J.V with miners would have to include finances. We have payed todate.
So DD is diffrent there are not just building a power stations. But are joining in our business. So from there the running cost will be covered.leaving it to be restructured on approval when it is then a multi billion pound asset
he has tremendous believe in getting this across the line, he only brought polo to get access to GCM, TAKEN gcm from appeal courts to J/V with the world's leaders whilst offering the only conceivable solution to a country on its knees with little to no real options ,offering the best in critical coal power stations, at the same time keeping the market cap at 135 million shares so if he does it he has created an incredible company,, i think there is to much confusion with Hasina she will say yes when it suits her enough,, he ,Dyani, the PR firm seem to believe still , each to there own of course a gamble it is & he seems to have unwavering belief , dont think he is doing it blindly myself china seem more than happy being there the only real financier they aren't offering other solutions , i think much strength in short term , time will tell of course
The man who knows more than any one is still backing GCM with his own money.if this is not likely to go ahead or be sold he would not be putting another 1.2 on the table. Rather he would use it for litigation. It keeps him holding all the power & or gets Polo 12% on there loan.but if it fails it's his companys that loose. Dyina have not sold yet no RNS.and can hold and sell when it suits. They dont go above 30% until they take the shares if they did they are forced to make us an offer... taking longer than I hoped but it's all in play still even more so now. Feel good news ain't far away. GL All
there has to be a fund raise we have to have 1.2 million to be a going concern for the coming year ,
it aint a negative unless its at a crazy low price, Tang takes just whats needed ,and this could open the door for another important part of our goal in getting Approval
the funds need now ,my thoughts the placing will be with the right people, GCM is a water tight ship, the inactivity says as much as throwing the kitchen sink at government regarding our argument ,
Bangla have commented to coal,the chinese are there backers, getting the first O/P mine approved is a big deal bigger than my thinking can make sense of, we have secured partnerships this year again with leaders in china & bangla,, J/V regarding mine must be close unless Tang has found a better suitor ,, from here i would be shocked and only see good news , our price is as low as its likely to get, are my thoughts and bet,
Rick the financing. Will already be in place . Remember the bankers at our PC announcement?.
Also the Bangladesh PR partnership will be a vote of confidence and introduce the right people.
Have you not wondered why we have not proposed project yet? Because we would have a long time back .we are being guided. And the funds due now could be completely strategic and by design.
IMHO
Bowens brought in August he has not sold. His presents brings new investors .they will be clear on what our chances are unlike us. They have put there money in.the devil is in the detail .I expect more news in the near term and more rises .and will buy weakness. I had sold at 3p and lost £££.
But started accumulating yesterday .
Its uncomfortable. But the structure of the company is totally on outcome.
And I still have the assumption that it's all about negotiating. And outcome MAY/ COULD be not that far away. It could also be incountering problems .so that's the bet. I expect more weakness and have a buy order left at the level I thought it would reach. ..just to add my 4 penny worth
got to work backwards here, everyone benefits from this happening,most of all the country,
SO what are the benefits from it not happening ,or who benefits the most ,well the extremely rich Hasina have a great life the way things are, she & her like have done so little for the people, the coal mafia is now dwindling, and the help they really need china etc are suggesting thing ,its taken much longer than i thought of course,, but i have to think the path is becoming more narrow,
stop being so lost dopey,
Buy,sell or hold whats ur take ,
what you doing????
it could get tough in the next few weeks,
where you getting ur info from?,,,,,,whats your plan wait to 11p blame some more then sell ? or have you bailed already seeing as you have a great take on things?
weakness begets weakness no?,
what are u doing mate got a few weeks before any chance of news no real buyers here or is it MM just getting low hanging please share with us rather than just putting people down !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!