Member Info for Danno01

Looks like we are keeping it in the family.......

https://www.londonstockexchange.com/news-article/RBD/funding-from-group-of-strategic-investors/17501324

GLA

Danno

Https://www.read4f.com/articles/ft/2026_03_07_Amid_European_energy_fears_coal_creeps_back_into_favour

Https://edition.cnn.com/world/live-news/iran-war-us-israel-trump-03-07-26.

Iran president’s address: In a televised address on state media, Iran’s President Masoud Pezeshkian vowed to “never surrender” as Tehran continued to trade strikes with Israel. He apologized to neighboring states, saying the leadership council told the armed forces to stop striking its neighbors unless any attacks on Iran originated from those countries.

GLA

Danno

For me, the main thrust of this mine, (well obviously the resource) is the fact that it is on home soil.

If we have a large chunk of minerals below, I expect the HM Govt to be main driver here to keep this in UK hands and thus guarantee the feed stock for future security of supply.

If what is happening in the ME is not a shining light for mine / drill / produce your own, I don't know what is.

GLA

Danno

Me thinks this is worth well north of 87p.

Keep the Faith!

GLA

Danno

I can only assume that the update on the 5th is going to be a good 'un!

GLA

Danno

Leaders of ALL countries are going to be pondering those couple of words.

At the moment, what we are seeing unravel around the world is coming the new normal.

Mine it yourself. Then you have to rely on no one.

GLA

Danno

Hi YKIR,

I know the below is only AI generated, but given the relative complexity of OP mining Bara, do you not think that Phulbari still makes the best economic sense??

Coal Seam Thickness & Quality

Barapukuria

Multiple seams, but thinner and less continuous.

Coal quality is good but not exceptional.

Underground extraction recovers only ~5% of total resource.

Phulbari

One major seam, 34 metres thick on average.

High‑quality bituminous coal with low ash.

Open‑pit design would recover ~90% of the resource.

Why it matters:

Thick, continuous seams are the dream scenario for open‑pit mining. Phulbari’s seam thickness is world‑class.

Cheers

Danno

And all the time, the narrative gets stronger and stronger and more and more normalised - that Bangla coal is an absolute necessity.

Wait a couple of months and the only real opportunity for open pit mining is Phulbari.

The mindset of the nation is changed, and the opposition very muted.

That's my take.

GLA

Danno

And, BTW

The rise continues...... 👍

Adam, all those * are getting in the way. Why not stay and discuss here??

Cheers

Danno

However, unlike other companies I know, they do put some skin in........

'The gross proceeds include approximately US$2.7 million (£2.0 million) conditionally raised from certain of the Company's Directors and senior managers, as part of the Subscription.'

Hopefully the catalyst to a brighter future.

GLA

Danno

Looks like we ARE waking up from our long slumber.

Plenty of news should be in the pipeline.

GLA

Danno

Definitely a bit of a twitch going on here. Are we on the cusp of something big?

Plenty in the pipeline.

GLA

Danno

Searcher,

With your sentiment all day long. And, thank you so much for ALL of the hard work.

However, this is Bangla.

All this talk of cleaning things up, it won't happen over night. And I see this panning out like a good suspense series on the telly. There will be a ton of twists and turns to be had along the way.

Also its not like this is some turn up and dig a hole mine, the logistics are massive.

As you say, WHEN they mention Phulbari outright - Surge. They add open pit mining - Whoosh. They link it with Teesta project - Look out!

Will they leave it to us? Will the pantomime Dame, Tang come in and gobble us all up?? Will the Bangla Gov Nationalise it?

These are all factors In my opinion.

But, where there is money to be made in a jurisdiction like Bangla, the brown envelopes will be out in various sizes.

Do I still think that we will do well - Oh yes.

How well? - That remains to be seen.

So yeah, Keep the Faith.

But also - Keep your wits about you!

GLA

Danno.

In the very mundane world of STAR, that looks like a quite busy buying day.

Leaves me wondering what it would be like if we get some good positive news.

That would make this twinkle!

GLA

Danno

I am feeling similar. I think the blue touch paper has been lit.

But, it's a Very Long fuse!

GLA

Keep the Faith!

Danno

Phulbari, when we refer to skin in the game, we are obviously talking about shares. Is your 'Skin in the game ' the same?

Danno

Yeah, I personally took more solace from this letter than the previous one. I have posted the below from the asset match website.

If the figures are true, there must be a ton more value to be had, especially if they get some of the expected advancements this year.

Company data

Market CAP.

£11,494,976

Revenue

£24.84m

Pre-Tax Profit

£2.59m

Earnings per share

1.53p

P/E Ratio

2.94

Shares in issue

255,443,920

GLA

Danno

Now, that would be nice!

GLA

Danno