Member Info for Digit4lis

Fyg….filter button is above “post” blue button……click on it and type in the persons you need to filter,exactly as their user name appears then click filter…….my filter list is so full I have to scroll dowe before i click filter 😂

Postie you probably bought on the back of the Power China contract with Gcm……it was a move from mou to full contract,that deserved 10p plus on its own!!……at that point in time Bangladesh was under the awami league and coal talk was spewed out by the now disgraced energy minister at that time Nasrul Hamid…..it now transpires there was virtually no prospect of domestic coal resources ever being used under the hasina/awami govt as there were bungs and backhander upon backhanders and bungs for imported fuel……it would never have got off the ground ever imho under an awami govt…..

Now all this dirt has been exposed I asked myself earlier this year why did Power China move to full contract less than 6 months before Hasina got the shove?…..imho they knew her days were numbered and a new regime would be installed later that year!!…..and in my humble opinion they secured Phulbari before regime change and here we are now with everything coming together under the Power China fold?

Good luck with your investment

In early 2025 a seminar and discussion was organised by the Hydrocarbon Unit of the Power and Energy Ministry, in attendance was the Power and Energy Adviser along with numerous Academics and Mining Experts. Information about the proposal to mine Phulbari from Asia Energy was presented. The overall consensus was that the way forward was to recommend to the next elected government that the project,utilising open pit mining, should go ahead. The Energy Adviser stressed that 'mining of our resources is essential for relieving stress on fuel imports ', he is further reported to have stated that $15bn in funding was on offer from a 'mining company' to facilitate the project. The project will be part of the Chinese Belt and Road initiative.

​

Power China, having signed a MOU to develop the mine, including removal of the overburden, is also working with the government on implementing the nearby Teesta River reclamation project, it has been speculated that overburden from Phulbari would be utilised in that process. In July 2025 the Interim Government notified the Chinese authorities of their intention to go ahead with the project utilising the $550 million in funding that was on offer. As with the Phulbari project discussions are ongoing between stakeholders, partners, the election contesting political parties and the Interim Government.

Estimated to contribute 1.5% annually towards the countries GDP the Phulbari Project will truly be a step change in reducing Bangladeshs' balance of payments, maintaining it's forex reserves and moving the Nation forwards in it's goal of eradicating poverty through economic growth, job creation and a stable power supply for both industry and domestic use

https://www.phulbari.org/about-4

Icing on the cake Teesta Project Implementation,contracted with Power China

https://www.tbsnews.net/bangladesh/govt-now-awaits-550m-chinese-loan-revive-decade-old-teesta-project-1216896

Might be better a2d not to give these nutters air as it’s swamping good info?

Anyone looking in,scroll down past these traders and there’s some good links info on the Phulbari project…..last week was a top week for research and postings by lth……to cut to the chase,Teesta mega river project has been implemented by the interim govt and Teesta is reputed to be requiring the overburden minerals,sand and granite from Phulbari….Power China Corporation is contracted to complete the Teesta project and Power China Corp is also contracted to extract the overburden from Phulbari..readying the pit for mining coal….Power China moved from a memorandum of understanding with GCM to a full contract in spring 2024……👍

You guys talk to these swing traders as though they give a feck about anything other than a penny trade either way…😂….they would throw their mothers under a bus to get that penny…..!!

This is going to be so big soon there’s a possibility of a main market listing in 2026 imho……..our little chief finance officer Kieth has done a great job to date but this is going to swallow him up too…….there’s big changes in the company structure ahead 👍…..all positive I might add…..and all in my humble opinion

In early 2025 a seminar and discussion was organised by the Hydrocarbon Unit of the Power and Energy Ministry, in attendance was the Power and Energy Adviser along with numerous Academics and Mining Experts. Information about the proposal to mine Phulbari from Asia Energy was presented. The overall consensus was that the way forward was to recommend to the next elected government that the project,utilising open pit mining, should go ahead. The Energy Adviser stressed that 'mining of our resources is essential for relieving stress on fuel imports ', he is further reported to have stated that $15bn in funding was on offer from a 'mining company' to facilitate the project. The project will be part of the Chinese Belt and Road initiative.

​

Power China, having signed a MOU to develop the mine, including removal of the overburden, is also working with the government on implementing the nearby Teesta River reclamation project, it has been speculated that overburden from Phulbari would be utilised in that process. In July 2025 the Interim Government notified the Chinese authorities of their intention to go ahead with the project utilising the $550 million in funding that was on offer. As with the Phulbari project discussions are ongoing between stakeholders, partners, the election contesting political parties and the Interim Government.

Estimated to contribute 1.5% annually towards the countries GDP the Phulbari Project will truly be a step change in reducing Bangladeshs' balance of payments, maintaining it's forex reserves and moving the Nation forwards in it's goal of eradicating poverty through economic growth, job creation and a stable power supply for both industry and domestic use

https://www.phulbari.org/about-4

Icing on the cake Teesta Project Implementation,contracted with Power China

https://www.tbsnews.net/bangladesh/govt-now-awaits-550m-chinese-loan-revive-decade-old-teesta-project-1216896

Can someone tell YKIR “Coal not dole”…….is the way forward 😂

So what was last week about??……insults,diatribe,vitreol from usual suspects all because as investors this is what we expect as the biggest project in bangla ever edges closer?…..$100bln resource with a cast iron contract with Power China nailed on……it’s taking a while but the wider market must wake up to the potential here soon….👍

Just reaffirming Indonesia ramping up coal to bangla,and yes they are going to need lots of it over the next 2-3yrs till phulbari hits coal……so a positive imho,also interesting bangla are pushing the boat out with Indonesia in mining and mineral education which they are also going to need lots of future experience with mineral and gas exploration?

The two nations are also exploring collaboration in human resource development for the energy sector. Indonesia’s ESDM oversees two key institutions − the Akamigas Cepu Energy and Mineral Polytechnic and the Bandung Energy and Mining Polytechnic − both of which are ready to support workforce capacity building in Indonesia and Bangladesh.

https://indonesiabusinesspost.com/5071/energy-and-resources/indonesia-bangladesh-strengthen-energy-cooperation-with-1st-joint-committee-meeting

Up and down like a tarts knickers……typical aim UK in general….so short sighted

I think Rampal is one of the super generators that would benefit from phulbari fuel……in the article they look to increase storage capacity so I suspect they are going to be relied on more and more as the gas situation deteriorates

This explains the big switch to to import coal up to 28% of generating capacity,lots of smoke and mirrors from the interim govt….the energy advisor Fouzel trying not to get his name attached to anything……..too late muppet squad….your tree licking decisions are coming home to roost when firm commitments on domestic resources should have been made a year ago…..sadly mr fookwit 3 zeros Yunus utopian dream got in the way so he can’t wait to exit now……

Got to say the @rse has fallen out of bangla gas production it appears it’s down to 1700cfm and Petrobangla is underestimating the demand considerably of around 5000cfm……that’s a huge import hole to fill at great cost to the exchequer………you know what you need to do guys and it doesn’t involve fkn windmills 👍

Even four years ago, the country’s daily gas production ranged between 2,300-2,400 million cubic feet. Now, it has fallen to only 1,700 million cubic feet per day on average, impacting vehicle refueling services, power stations, residents and industries.

https://en.bd-pratidin.com/economy/2025/08/25/44991#:~:text=The%20country's%20falling%20gas%20production,is%20far%20from%20being%20enough.

Yea my calc percentage should have been 5% gp and obviously converted back to sterling……I think after the overburden the distribution of the coal assets will be interesting…….by then I won’t give a fig 👊

You were just waiting for an opening to serve that gp😉……thanks 👍

I think today would be a good time to talk about prospective valuations before the nut house opens and everything gets deleted………there are going to be some monster dilutions with this project to accommodate Power China and the Bangladeshi govt….that’s not a negative that’s business,it ringfences the asset for the next 20yrs………to start with I’m at a very very conservative Gcm stake of 0.5% in the $17bln overburden putting me at £2.42 on current shares in issue adding another 10-15mln for the next small raise……….

If we are sold prior to any soil being broken that is my starting point….👍

This is my personal assessment based on the potential resource breaking ground

Bangla can’t afford for this $100bln dollar resource to be tied up in the courts…I’ve always believed in following the money and the money is Power China…..they know that license is airtight and when they moved from mou to full contract in March 2024 they were ahead of the game,they most certainly knew then the Hasina era was over and I’m certain now they know with teesta kicked off phulbari is next up 👍

👍…..bangla gas generation is down 10% and coal generation is up 12% to 28% of total capacity since start of 2025…….and up 23% since 2021…….gas is in a death spiral till new resources are brought online which could take years……phulbari 2yrs to get to first coal potentially 2028,with $17-20 bln dollars of overburden to distribute before that

So gas seems to be acceptable to talk about with Yunus even though it’s depleting faster than water in a bucket full of holes……they have ramped and spoken about the drill baby drill but don’t have the experts or money to see it through,geologically I believe it’s a bit hit and miss to find it?,it’s difficult to process and distribute as it’s an unstable product……imported gas is even more processed to get it to a compressed liquid state,there is instability and danger around every corner for mishandling?

Coal on the other hand is absolutely the opposite to gas,cheap to transport and distribute,safe to handle even by the least experienced operators……the coal fields in dnijpur are already sized and they know exactly where to fuel is,the only area that has undergone a full assessment for environmental etc is phulbari!…..we have just read an article that’s says how critical to the economy coal generated electricity is,does it not appear now that all roads are leading to domestic coal extraction!!

My bets were placed on it happening over a year ago,I think there are nutters on advfn that are saying the license is invalid 😂…….can you imagine Power China not doing their due diligence when they went from a mou to full contract in 2024…….