Member Info for dafad

Working under this MOU, it was announced on 11th March 2024 that GCM and PowerChina had signed an EPC Contract for "Phulbari Coal Mining Infrastructure Construction and Overburden Stripping" which covers mine development works with a value of approximately US$1 billion, necessary to position the mine to commence coal extraction.

The scope of works includes design, procurement, installation, construction and commissioning of mine infrastructure and overburden removal, dewatering and drainage. It also includes selective mining and stockpiling of valuable industrial mineral co-products that occur in the overburden such as China clay, silica sands, and aggregates for the construction industry. These co-products are expected to deliver cashflow for the Project ahead of any coal extraction.

The "Notice to Proceed" with the extensive works under this Contract is dependent on receiving the necessary approvals from the Bangladesh Government and financial closure. PowerChina has previously expressed its commitment to assist with project financing. The Contract duration is four years and overburden removal to expose first coal is expected to take approximately two years.

GCM and PowerChina will continue to work together under the MOU to formulate additional contracts covering coal extraction and associated activities to achieve our aim of delivering high quality coal supporting at least 6,600MW power generation for over 30 years

We are more confident than we have been in recent years that we are getting closer to a political breakthrough for the Phulbari Coal and Power Project. When this happens, we are ready to deliver the benefits and investment returns that our patient shareholders deserve.

Https://businesscloud.co.uk/news/report-finds-thg-is-not-a-bag-of-spanners-company/

Https://www.londonstockexchange.com/news-article/REVB/trading-update/16396714

Https://www.londonstockexchange.com/news-article/GCM/appointment-of-independent-non-executive-directors/16392297

Some chunky buys going through-someone always knows.Gla

Https://uk.advfn.com/stock-market/london/corcel-CRCL/share-news/Corcel-PLC-TR-1-Notification-of-major-holdings/93482984

Nm

At any time

All of the large North American and Chinese Bitcoin mining and chip manufacturing companies with whom QBT has engaged, are waiting for the results of our live tests, in particular with Method A and B, using currently available commercial mining rigs, before we can move to the commercial stage

Tha t it is not only Bitcoin but also other coins

Arb could help with

Is simply too Low!!!

I tell ya-it's gonna be some SPIKE!!

PowerChina is committed to assist with project financing.

Rns out

Https://www.retailgazette.co.uk/blog/2024/03/thg-ingenuity-ceo-resigns/

Thoughts

If there will be an interview out today

Is that there were no leaks of news

Will come sniffing -no doubt about it imho

Some big figures here

https://uk.advfn.com/stock-market/london/mosman-oil-and-gas-MSMN/share-news/Mosman-Oil-and-Gas-Limited-Helium-and-Hydrogen-Exploration-update-at-EP-145/93409252