Member Info for crowfoot

Somebody bidding for 341k shares in the auction @ 7.25. Very keen! GLA

Are people still replying to wyn after all this time?!

Intra day reversal anybody? GLA

I agree Searcher, it just popped up on my daily hunt around. They have a few followers so might explain a little selling pressure. GLA

Glitch in the matrix there. S h are prop hets if anybody is interested! GLA

looks like these cowboys are trying to talk us down. not sure exactly as i'm not a subscriber but the title kind of gives it away. gla

https://*************.com/views/74046/i-d-be-amazed-if-the-gcm-resources-phulbari-project-ever-gets-sanctioned-given-the-impact-on-the-environment-and-local-people-avoid

Yep, it just means HELD didn't make the repayment schedule because they are skint. Death spiral finance!

GLA

'The Company may elect to miss payments in accordance with the agreed repayment schedule. This would result in various rights being granted to the Lender including the right to subscribe for shares in the Company using a pre-determined calculation'

Ilka, who would want to negotiate with an zero bank balance?!

The fund raise is a really interesting scenario as nearly any other company on AIM would be sold down and shorted to hell for admitting they need to raise money over the next couple of months. I certainly wouldn't mind it right now just to get it out of the way. If they manage to get the proposal signed beforehand I don't really see why any dilution should be necessary. Surely they will have multiple parties wanting a slice of the pie with a variety of funding options. GLA

RIDER, the difference with China is they are also expanding their clean energy generation to fall in line with net zero targets.

'Wind and solar would make up around 40% of installed power generation capacity by the end of 2024, compared with coal’s expected 37%.'

Bangladesh however have 80% power generation from coal and gas (21% and 59%). Unfortunately they've made crazy decisions over the last 2 decades and are now skint and must use their own recourses. If I lived there personally I'd just like to able turn a computer on when I wanted to or boil some water and probably would be less concerned about emission targets.

We're so privileged to live in the UK even though all I ever hear is how bad things are (NHS etc).

Anyway we should hear something pretty soon. GLA

https://www.csmonitor.com/World/Asia-Pacific/2024/0206/Despite-record-coal-use-China-on-track-to-meet-green-energy-targets

https://www.reuters.com/business/energy/bangladesh-power-system-gets-dirtier-rapid-coal-use-growth-maguire-2024-04-04/

Been holding these for 3-4 years and may finally get back to breakeven unless gold has topped out at 2430. A really low free float and moves fast with any decent buying but always doubted any serious players would risk their capital given the geography and company structure. Chart looks good though. GLA

We're also bang on resistance so let's see. You never know we might glide straight through!

The last trade at 10.32 is spot on my breakeven after all these years. Think I'll hold on a bit longer! GLA

Kingsley, don’t forget P1 is only a safety study and it’ll be years before we get any meaningful results! Did you not state recently? GLA

It was in the translated dialogue from Pappiklon:

RE: Coal Resource High time to utilise cheaper Energy 5 Apr 2024 08:57

(Q) Mollah Amjad: Barapukuria was supposed to produce about 64 mill tons over 32 years at $34 a ton, but Barapukuria coal is now dearer than imported coal at $176. Should new mines be through a Public Ltd Co or a Private Co?

(A) Kamruzzaman (Bara): Barapukuria still generates affordable electricity, even at $176. However, it may not be possible to conduct coal extraction through a government company. That’s true. It’s not possible to follow government procurement rules. A foreign company can do it in a joint venture with a local company. This way, technology transfer can happen.

Somebody might correct me on this but I'm pretty sure the Bangla government can't take a stake however a local company would need to be part of any deal. GLA

I just thought it strange that he turned up now to educate holders here on what Dox and a P1 was 🤷🏻‍♂️

I’m just surprised you’d make such a flippant explanation of the AVA6000 trial and also Doxorubicin on an Avacta board! GLA

Is that Ben Kingsley by any chance? You sound like you know as much about this as Mo Gandhi himself.

GLA

A genuine up day without relying on a silly UT or ridiculous spread.

Just seen a pig fly over too, must mean a turning point or a soggy bottom or whatever polishes your knobbly bits.

Hopefully an exciting week ahead. GLA

Yes the repetitive BS both ways is way past tedious. GLA

Yes a great read so I'd like to add my thanks too. 30 years in the making and now finally looking more likely than not.

' A foreign company can do it in a joint venture with a local company. This way, technology transfer can happen.'

This is one of the final pieces of the jigsaw for me. Going to be a rollercoaster for sure if signed off. GLA