Member Info for Daisy1963

Talking of broker valuations-they never included the value of the overburden that will be removed from Day 1 of mining which will have a significant positive impact on cashflow.

I think we can all agree that the timing of the funding, days after the release of the Energy Plan, is important.

GCM had money until June/July and were not in need to raise until then- but something has fundamentally changed.

-Power China have signed a MOU for two years- there is no longer a need to sign for one year now, things moving behind the scenes.

-GCM have raised money now, as the Energy Policy is released mentioning using own coal, just before the election.

-The new govt will probably engage with GCM and it would not look good for GCM to say "Err sorry, we don`t have any money until later this year when we do our annual fundraise"

-New Govt will want to hit the ground running and may ask for updated studies which may take some time but are required to appease the objectors.

All in all, this is a very positive development and I expect things will move rapidly over the coming weeks.

Too many clues in that article for it not to be Phulbari.

It will all come out over the next few weeks.

Looks like Dustybin is wrong again.

Stick to FAR

I asked IR a few months back, this was their reply.

Many of the 4p and 4.5p warrants are

long-dated - expiring in April 2027 and November 2027. Holders

typically won’t consider exercising until they are well in the money

and closer to expiry, although some may exercise along the way. If

that happens gradually over the next 2½ years, I don’t see that as

a negative - and as is often the case, some warrants will never be

exercised at all.

We have a small tranche of 8p warrants expiring at the end of October

(about 2½ months away). If they’re not in the money by then,

they’ll simply lapse. Another batch of 8p warrants expire mid-2026,

and it would be great to see the share price at a level to bring those

in post-DFS.

The holders of the most recent warrants are very supportive. They are

long-term investors (e.g. RAB) who are unlikely to sell quickly and

have indicated they’d be willing to exercise to provide cash for the

Company when needed - for example, post-DFS.

Big K.

We are way off TR1`s. There is not enough buying at the moment. When we see six figure buys then we might start to make a move.

I don`t think funds will be buying in this side of Christmas but I hope I am wrong.

Can the warrants be sold in chunks to institutional investors. If there is 100 million outstanding, would it not make sense to sell en masse to a willing buyer?

I added another £5k yesterday in three tranches, took a while to execute, all at 7p.

After all these years ,some sense might prevail in Bangladesh.

A few weeks ago I asked if Phulbari the poster was still around, I have not heard from him or seen him on the board.

If you are reading B, I hope you are ok. I enjoyed reading your two books all those years ago.

It`s closure is being carefully timed and planned....

Thanks Sharebare

I too have been here many years under another guise, met a few of you along the way at the AGM`s and spoke to another long term holder (Tiggy) the other night, even visited a certain establishment in Norfolk a few years ago.

Used to be fun fighting our way through the placards at those London meetings.

I believe we are on the home straight now some sort of tacit approval is coming with the new energy policy and a build up before and after the election.

Take yours seats.

I am hearing that it may be on Friday or over the weekend ready for Monday, still some finishing touches to do.

Mike is going direct to the USA the day after the conference finishes.

One can only wonder why?

Some USA based private investors have more money than most Institutional Investors so I think he may get more out of a visit to the USA.

Share price could do with a rocket (NASA confirmation) for sure....

Just for clarity, JUB held on behalf of multiple clients, they have now been removed from the shareholders list as it is not standard practice to declare multiple holdings.

Looking forward to what MR has to say tomorrow, it looks like we will have the updated JORC by next Friday.

Apparently it will be released on Wednesday...

I wonder if RAB Capital sold their shares to our undisclosed buyer?

I wonder if RAB Capital sold their shares to our undisclosed buyer?

Most of them are. I bought £7650 at 0804 which showed up in black over an hour later. There were others at that time that were the same.

We are still going in the right direction, that`s the main thing.

We will soon have a SML type rise.

I see FAR published there long delayed DFS today and the figures were not good-result down 45%.

I cannot see that happening here!

Just added £7688 to my holding.

Can you please give me a date of these RNS`s , I cannot find a mention of the NPV?

Thanks in advance

TBS.

Where are you getting the NPV figures from?