Member Info for Digit4lis

Private investors are lower than a pebble in your shoe in the scheme of things…..what are we going to provide GCM going forward??…..not a lot,Tang is a businessman,private money has kept this buoyant but going forward he’s going to want institutional support and those institutions are going to want a slice of the huge private holdings……this is why I’ve said they are going to throw everything at this to get stock…..there’s so many tricks of the trade it’s eye watering ……..if and it’s a big if the private money doesn’t budge there will have to be some healthy dilution to let the bigger fish in here?

Interesting snippet on how the electoral commission expect the lead up to elections to happen 👍

The schedule for the 13th parliamentary election is likely to be announced in the first half of December, said Election Commissioner Brig Gen (retd) Abdul Fazal Md Sanaullah on Thursday.

“The chief election commissioner already told you (media) that the schedule announcement will come approximately two months before the election date. So, you can assume that the announcement will come in the first part of December,” he said while briefing reporters after a meeting in the capital.

https://www.justnewsbd.com/en/bangladesh/news/26457

We must have been averaging 600-700k a day over 10 days that’s got to be in the millions,if I wanted a decent stake say 1% of the issued capital I would give the market a chance to provide me with that stock by doing it slowly,traders capitulate,some will be sat on multiples of 1.4p so there’s a good chance that stock has been taken on by a decent investor or a micro cap institution?……..the odds for phulbari to come good under a new regime are stacked in our favour and the management think so too!

Madness!!…….the offer is same as it was on 22nd of July,this is absolutely sincerely,my own opinion that the GCM market has gone sideways for a for fortnight as someone is accumulating stock……when that is done or nearly done we will tap back into that channel and off to 10-13p like the charts indicate?……strewth

Give over lse!!!…..wow…..this is getting silly now ……you are destroying the conversation between posts ,this is not discussion forum today it’s over sensorship ,requests by inmates who want the stock chat to be non positive are requesting decent posts removed …….saying the share price is in a very strong rising channel and commenting on its serious prospects now an election has been called is not cause for sensorship…….lse you should be blocking the ip address of serial multi alias disrupters?……unbelievable buffoonery

The best bit for me from the chairman-

“Against this backdrop, it appears the outlook for moving the Project forward has greatly improved and that it is now more the question of when. In the analysis of "when", considerations will involve the sense of urgency driven by the country's economic position and the election schedule”

From GCM results end of March this year,one thing to notice in both these articles is the reference to an election date being a bridge to cross…..as of the other day that is no longer a big issue as democracy is coming down the track like a train in early February 2026……👍

Outlook

It is apparent from the forementioned Seminar and its action-orientated title: "Prospects and Challenges of Bangladesh's Coal Resources and Measures to Overcome", the Government is serious regarding developing its domestic coal resources. It is also apparent from the fact that the Presentation to the Seminar by Ministry officials highlighted the benefits of developing the Phulbari coal mine that the GCM Project is on their radar as an important non-import coal supply solution.

Against this backdrop, it appears the outlook for moving the Project forward has greatly improved and that it is now more the question of when. In the analysis of "when", considerations will involve the sense of urgency driven by the country's economic position and the election schedule. With regard to the former, the economy is reported to remain under pressure with respect to foreign exchange reserves, inflation and purchasing power of the local currency. Compounding this is the mounting uncertainties within the world economy and the suspension of foreign aid by the US government. Regarding the latter, the mainstream political parties are calling for an early election to restore democracy and shore up law and order, however, the Chief Adviser remains circumspect and although has suggested an election by December 2025 is possible, it is also suggested this would depend on acceptance of reforms which are yet to be finalised.

The Directors are appreciative of enduring support of its shareholders, stakeholders and staff

The recent demonstration by the Government and its Ministry that domestic coal must be extracted and that the proposed Phulbari coal mine is a big factor is delivering the necessary coal supply, enhances our confidence that the Project is poised to move forward.

Paul Shackleton

Acting Non-Executive Chairman

No harm in a recap of the project that’s causing such a stir……

The Phulbari Project

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.

​

PowerChina, 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. As with the Phulbari project discussions are ongoing between stakeholders, future partners and the government. China has stated it will expand Rail projects in Bangladesh ready for the Teesta Project, doing so could also facilitate the transportation of Phulbari coal to existing coal power plants.

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

​

Market happy to take half a million shares straight off the bat today!!……over the last fortnight it’s gone from 250k-300k-350k-400k yesterday and today 500k😂……can you see what it is yet😉

Too irresistible for them not to try a dip below 5p…….you can tell how quiet the bb,s go everyone sat waiting to dip their bread in again 😉

Easy gp you will get the post removed with that sort of talk 😂

Other mines like Phulbari and Jamalganj remain undeveloped due to environmental and local opposition.  Coal-based development is being reconsidered due to global climate concerns

https://www.studocu.com/row/document/north-south-university/introduction-to-geography/env203-report-energy-resources-of-bangladesh-analysis/135111031

The Election Commission has received an official letter from the Chief Adviser’s Office regarding preparations for the national elections scheduled for February 2026. Commission Secretary Akhtar Ahmed confirmed the development Thursday morning.

The letter, sent late Wednesday, urged the Election Commission to take necessary steps to organize a free, fair, and festive election that meets the expected standards.

https://viewsbangladesh.com/ec-receives-letter-from-chief-advisers-office/

NCP brass bugger off to seaside on proclamation day 😂😂😂……..

The National Citizen Party has plunged into internal crisis after five of its senior leaders quietly travelled to the coastal resort of Cox’s Bazar on a politically sensitive day, skipping official commemorations of the July Uprising’s first anniversary.

https://bdnews24.com/politics/a9191d044142

I must say since smiler and his govt have been in charge they have nearly followed the bnp 31 point plan to the letter…..even the bit that interests us,looking at developing domestic fuel resources ,very likely for the bnp to follow on…..

BNP Secretary General Mirza Fakhrul Islam Alamgir has said the party’s 31-point vision is being realised through the ongoing state reform process.

He addressed a rally at 3:30pm on Wednesday outside the party’s central office in Dhaka’s Naya Paltan, marking the July Uprising anniversary.

Fakhrul told supporters the election schedule would be announced soon.

He noted that the current restructuring efforts reflect the agenda set out by BNP’s Acting Chairman Tarique Rahman.

https://thefinancialexpress.com.bd/national/politics/bnps-31-point-agenda-taking-shape-through-reforms-fakhrul

Basically a rinse and repeat of last week……..squeezing hard midweek then should bring it up for friday…..😉

It will fly now…..all the main parties should settle down now and NCP will just complain about anything they can as they are shortly to become irrelevant……..

Gosh it doesn’t seem 2 mins since smiler moved in and speculation from the bashers he would be ensconced for 5yrs……they have a lot to squeeze in up to Feb…..electoral commission have said this morning they are more than ready for Feb as usual excellent preparations

Post Feb election announcement creates an unusual situation as it kills speculation of an early election but generates a fixed point when everything in the country will change and most certainly the prospects for Gcm…..it’s sort of given the stock a bit of a breather for people to decide what to do here?…….do they cash up and come back at Xmas?….share price could be well on its way by then……nobody really knows what announcements in the meantime either……..I am seriously loaded here now I promise no more 🙄

Good read on the reality of energy…..even wise old towel could understand it…..

Energy, for all its politics and promise, is a practical need. The idea that the world can flip a switch from fossil fuels to renewables has an emotional appeal, but that simplicity breaks apart when reality steps in. You can’t run aluminum smelters on solar panels when the sun isn’t shining. And you can’t truck liquefied natural gas into every remote village at a moment’s notice either. In the middle of these extremes, there’s only one viable path: a mix. Messy, imperfect, and constantly evolving. But it works.

https://www.modernghana.com/news/1421813/the-energy-mix-we-cant-escape-why-no-single-sour.html

I think so too gp……..import fuel is killing the economy and they have known it for years,nothing got done when Hasina was at the helm as import fuels we’re making her and her ministers very rich……..the new thinking mentioned in the proclamation is part of a head on campaign against imported fuel imho