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The Chinese know Yunus is history soon……they have courted all the top Bangladesh political parties,their main developments could and should take course under a democratic govt……..this figure is not headline grabbing like the $15bln guaranteed coal development fund…….now that would be a headline

I’m no economic expert but if this is all smiler comes back from China with that’s including new loans I would say he’s had a tough time!!….there’s no massive solar infrastructure perk in that figure……Bangla imho has to prove up its energy infrastructure to get the rest …….weldone China

BEIJING, March 28, 2025 (BSS) - Bangladesh has secured a commitment of $2.1 billion in Chinese investments, loans and grants from the Chinese government and its companies during the "milestone" visit of Chief Adviser Professor Muhammad Yunus to China, officials said.

https://www.bssnews.net/news-flash/259016

Didn’t know that gp!!…….wow……

on the same page as you sgb there is sooo much headroom here it’s scary……..and really we have had nothing from gcm no bull****e no ramping rns…..this surge is based on the interim govt going to prove up a coal policy for the new government……if these green cuckoo’s have had to do a new coal policy the country is right in the ****…….the likely new govt bnp are pro international investment and own resources from their prospectus

GCM Resources plc has announced a conditional equity raise of approximately £1.0 million through the placement of 33,333,333 new ordinary shares at 3.0 pence each, a 16% discount to the previous closing price. The funds will provide working capital to support ongoing operations and strategic objectives, including the development of the Phulbari Coal and Power Project in Bangladesh, which is pending government approval. Despite generating no revenue and reporting a loss, the company sees positive momentum from government initiatives favoring domestic coal resource development, which could benefit its project

https://www.tipranks.com/news/company-announcements/gcm-resources-raises-1-million-to-support-phulbari-project

If the chairman puts some meat on the detail on progress Monday it will be like a laxative…….for some reason today has been split off and it’s all looking eerily steady!!

Madsocks 8x posts in 10yrs and today happened to be post number……Christmas tree and dropped off!!

This could be the very last time to take a stake via a placement/ subscription before the new government gives the green light…….I did say there would be everything thrown at this to shake stubborn long term holders……not in typical of aim but look at the spread😂

It takes a dog walking session to get the brain working…….I have suspected for a few months that building a sizeable position here is very difficult without the lid coming off the stock…..there will still only be 230mln shares in circulation taking out the development partner stakes…….if as has been suggested by some a few small cap institutions we’re looking in,would it be fair to suggest they may have enquired as to the possibility of getting this raise off 4 months earlier than the latest possible to build a stake in the company?……after all an institutional investor is a future source to tap?

I find it interesting Gcm have split the placing off from the results……are we back to what I said yesterday they cannot comment about prospects until the china trip is complete?………

Wiseowl in the bin also……..90% of the posts were tripe

Gosh how quickly people have lost sight of the bigger picture!!…..even wise owl is acting a bit thick this morning as he’s probably got a position open lol……

Closest ever of coming to fruition!!…….a multi billion dollar prospect and people are sweating over a small dilution that was booked in months ago …….

Skilledinvestor in the bin with the rest……..

Personally I think that is a small amount,which says to me later this year early next the company will be in a whole different place!

Yea should be quite a homecoming…….Yunus will slip down the ranks overnight…..not that I had the slithering snake ranked anywhere only in the conference league of green hoodwinkers…….

If we don’t get the results tomorrow that’s very positive imho as I think it means GCM has irons in the fire with this china state visit……so meaning they could be restricted as to what information they relay to shareholders before the meetings in China end…?

I think Exim Bank has funded plenty of projects in Bangladesh already including Patuakhali Coal-Fired Thermal Power Plant

Chairman of China Export-Import Bank Chen Huaiyu on Thursday said that his bank would support the relocation of Chinese manufacturing plants to Bangladesh to make the country a platform for export to other nations.

The China Exim bank is a key financier of Beijing-funded infrastructure and energy projects in Bangladesh, but this is the first time it showed interest in supporting investment from Chinese private manufacturers in the South Asian country.

https://www.newagebd.net/post/mis/261025/china-exim-bank-to-support-relocation-of-industrial-plants-to-bangladesh

It’s not rocket science….how the hell else are they gonna get the stock they need……less than 200mln shares out there and half of that has been churned in the last month…..this is aim…not for the faint hearted but huge potential rewards,nothing has changed since interim govt creating a coal extraction policy!!

Hope this doesn’t sound selfish but I really don’t want to pay too much for Gcm in April for the isa but I think it’s probably gonna be a lot higher than today!!