Member Info for Digit4lis

That was my thoughts gp if the article is to be believed?……the army chief has already publicly criticised the law and order situation…..indirectly that’s a dig at Yunus dragging this reform crap on…….so if it’s a show of force to apply pressure we may get the Dec election if it’s a coup we could get an election sooner?…….

An Indian article so could be bias…..but also the bangla press could be stifling this news?

Political tensions in Bangladesh have reached a critical point as the military presence in Dhaka continues to expand.

https://zeenews.india.com/world/yunus-govt-may-be-in-trouble-bangladesh-staring-at-another-coup-like-situation-with-heavy-army-presence-in-dhaka-2875906.html

I have had a think about this and that surge Friday…..for Gcm to announce anything there would have to be commitments from the interim govt on coal development and that would be dealt with in the china visit?…..I think someone has seen the agenda for china and Fridays surge could have been interest based on that…..then the Gcm/Chinese contractor news would follow shortly after?…….purely speculation on my behalf but Gcm surely wouldn’t announce something so massive as a $15bln contract before the government wets its pen!….but it would be acceptable shortly after?

Yes agree…..that’s why power china jumped from mou to full contract and it went to 12p…….so imho 12p+ is where we should be treading water based on progress and new mining policy being implemented

Sorry guys that a year old…..it’s the old energy minister…..

Found this blog a while ago,I’ve just gone over it again and it’s interesting the financing aspect has a total of $14.5 bln now imho that’s very close to this rumoured guaranteed $15bln mining funding!….

Please ignore if you have seen this blog……it is a few yrs old👍

Financial Information

Total Budget: USD 14.5 Billion

Polo Resources Loan: GBP 3.5 Million (12% interest)

GCM Capital, UK: GBP 38.217 Million

Credit Suisse Group, Switzerland: Undisclosed

Power China: Undisclosed

https://bwged.blogspot.com/p/phulbari-coal-mine.html

If the phulbari project happens and we are lucky enough to retain 0.25% of the project that’s 64p a share……now I keep chopping the percentage of our ownership down just to keep me sane😂

The agenda for the upcoming visit of the Chief Advisor encompasses several critical issues, including the expansion of Bangladeshi exports to China, attracting more foreign direct investment and extending the repayment period of loans. Besides trade, investment and economic cooperation, approximately a dozen memorandums of understanding (MoUs) are expected to be signed on infrastructure, energy and economic cooperation.

Economically, China has been providing financial and engineering assistance to Bangladesh, especially in the implementation of numerous mega projects, including the Padma Bridge. Furthermore, China has made substantial investments in Bangladesh’s critical infrastructure, particularly in power generation, transportation, and connectivity. For the past two decades, China as a reliable partner has consistently maintained a long-standing commitment to foster economic and development ties with Bangladesh. Chinese firms operate within the country alongside Bangladeshi business entities, facilitating economic and infrastructural growth.

https://www.eurasiareview.com/19032025-chinas-growing-interest-in-bangladesh-in-aftermath-of-2024-monsoon-revolution-analysis/

There was an excellent article posted earlier by jollychippy related to coal extraction that appeared well after the market took the stock off to the next level……..that may well have been picked up earlier than us by the market but I sincerely believe it is something bigger after 20yrs of development and regime change 👍

Meanwhile over in cloud cuckoo Europe businesses buckling at the net zero targets 😂…..would you believe it

https://bdnews24.com/environment/4227377c52ac

Good stuff searcher…….pressure mounting on the tree huggers 👍

If this is true no wonder the army chief is watching Yunus like a hawk……and with good reason imho!

In a 17-minute video published on his Facebook profile today (21 March) with the title "Interview with Asif Mahmud on the process of forming an interim government", Asif was seen as saying that the army chief accepted the students' decision to have Yunus installed as the CA with 'heavy heart' after former prime minister Sheikh Hasina resigned and fled to India on 5 August last year.

Adviser Asif, one of the former student leaders who spearheaded the mass uprising, was seen in the video as saying, "The main veto from the army chief's side was that why Dr Yunus, why not any other person? There are cases against Dr Muhammad Yunus. He is a convicted person.

https://www.tbsnews.net/bangladesh/now-adviser-asif-posts-video-claiming-army-chief-was-hesitant-yunus-appointment-ca

So this afternoon we have once again seeing the Gcm cogs being lubricated by day traders!!……they really have no interest in minerals or mining or the govt of Bangladesh it’s pure algorithms…….that’s fine,the main cogs of the machine have been oiled again this afternoon…….now it’s up to the investors to see if anything turns up in the press this weekend 👍

Guys…..I suspect you haven’t been around here too long?……40-50% is getting to be the norm!!……there are 300mln shares in Gcm and over 100mln are locked up with the development partners!!……..to me that equals these 40-50% bun fights to pillage stock from pi,s!!

Sadly gp I think the later event would rock my boat 😂

Gp….yea could be a Chinese mining contract…or Yunus could have been run over with a battery power tuktuk😂😂😂

Have you bused this lot in gp???…..😂

I think the $15bln mining contract has been tied to GCM………..this has got to be a leak……

Another great article covering exactly what’s been suspected for years……the extraction has been bogged down so imported fuel serviced the backhander needs of ex govt ministers……..

That time has come to an end and the market is just waking up to the massive prospect in Phulbari and associated coal fields 💪

It was just a case of when……selling dried up…….the market is gonna need millions more pi shares to fill the big orders👍