Member Info for Digit4lis

Take your pick on how buggered the country is…..

This is the second instalment of a three-part series based on a foresight analysis centred on Bangladesh’s transition, delving into the plausible future scenarios that may unfold over the next few months.

https://cpd.org.bd/the-plausible-future-facing-the-country/

Indeed…….it’s gonna get dirty because there’s a community that holds a huge stake in Gcm….they are not going to get any stock by asking nicely,there will be more muppets appearing,more removed posts……every shenanigan you can think of to deal from the bottom of the deck…….there won’t be many able to hold till the end game that be a takeover or mining…….aim is the toilet of the market,don’t get flushed 😉

Dependence on imports and high interest rates from banks have emerged as major obstacles to business expansion. On top of these challenges, a new concern has arisen: starting August 1, the U.S. will impose a 35% Reciprocal Tariff on imports, which has alarmed local exporters.

There is fear that this, along with sluggish demand in the U.S. and Europe, could further hurt exports. Shortages in electricity, gas, and transportation are already disrupting production, keeping business and trade stuck in a vicious cycle.

Former Senior Vice President of FBCCI, Mostafa Azad Chowdhury Babu, told the media: "Since August 5 last year, law and order have not improved, creating a standstill in investment. Many factories have shut down, leaving hundreds of thousands unemployed."

He further added: "Without improvement in law and order and the formation of a politically stable government, business and investment stability will not return. Without increased domestic investment, foreign investors will not come either.

https://en.bd-pratidin.com/economy/2025/07/21/42326

A severe electricity crisis is being observed across the country, especially during the summer. Power goes out during the day or night without any fixed schedule, severely disrupting the daily lives of ordinary people.Due to the scorching heat, power outages lasting for hours are disturbing people's sleep. The condition of small children and the elderly is becoming increasingly difficult. Students are unable to study late at night. Those attending online classes or working from home are also facing serious difficulties.

https://www.observerbd.com/news/535311

Thanks gp……

Shareprice?……looking very solid in the 6p arena 💪

I think the muck throwing is going to get a lot worse as we progress!!……did Sven Lorenz get sucked in by bb posts?……did he heck,he’s been around Gcm for years and apparently stepped back a few years ago in the Hasina era…..he’s now picked this share up again with a large following,on prospects,not a bloody wing and a prayer……..the same prospects that we have highlighted over the past months/weeks…….

There will be more people like Sven and smaller institutions will pick this up as things materialise…….I don’t argue with people life is too short,it’s the filter and i hope if anyone is wound up by my posts they may also use the filter on me rather than insulting……👍

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

Here you are this should irritate you a bit more………

Phulbari

The Interim Government has stated it is working towards both creating an environment for free and fair elections and a country where corruption and cronyism are no more. Elections are now expected to be held by mid February 2026 at the latest. It is aiming for a transparent, corruption free energy sector and is vocal about involving all stakeholders in the process. 



GCM Resources' wholly owned subsidiary, Asia Energy Corporation, is the licence holder for the Phulbari Project. PowerChina is a development partner and has already signed a contract for Mine Development and Overburden Stripping for the planned open pit coal mine. This combination of major stakeholders are ready to work with the Interim and incoming Government to assist in getting the energy sector on track to provide affordable, locally produced energy for the country. 



STATUS UPDATE 

A presentation has been developed and was presented to the Energy Minister of the Interim Government to reflect the aspirations of the new Bangladesh. Prominent Business leaders and Associations have been stressing the need to extract and utilise the countries' own coal. The Energy Minister has discussed the extraction of coal through open pit mining at the Phulbari site stating that there was a $15bn investment already on the table to realise the project. GCMs' subsidiary Asia Energy is continuing its work with Power China and the Energy Department to further develop the plan and timeline for the incoming governments expeditious implementation of the Project



https://www.phulbari.org/

The project is potentially one of the biggest in Bangladesh history,when you think what the country is doing scraping by with loans this is a monster energy project and people will come eventually…..we are the pioneer/early birds…..personally I’ve only been here a couple of years others have had a life sentence..😂…..everything is fitting together nicely and to hear Teesta,phulbari and rail infrastructure mentioned on a Gcm sponsored website is the one for me…….

There are no guarantees in life but this project is coming closer by the day……..

Bit of a dead calm carryover from Friday……order being filled 6-6.5p imho…...let’s see who heads for the exit first this week……

Https://www.energytransitionbd.org/news/bangladesh-eyes-%242bn-energy-investment-deals-with-indonesia

Fouzel looking for some decent unadulterated fuel……they have to do something in between before they get to the phulbari fuel which could be 3yrs away

Officials familiar with the matter said the proposals aim to strengthen bilateral cooperation in the energy sector. The visit will also explore the possibility of a government-to-government (G2G) coal import agreement and seek direct investment in coal and LNG projects in Bangladesh.

“We plan to propose G2G investments in coal projects, LNG imports, and potentially solar power, as part of our efforts to diversify energy sources amid ongoing instability in the Gulf region,” Power and Energy Adviser Dr. Fouzul Kabir Khan told Just Energy News on Friday. He noted that recent coal import tenders faced procedural delays and quality concerns, prompting the government to consider more stable G2G arrangements.

For instance, the contractor for the Matarbari coal-fired power plant, Meghna Group, allegedly supplied adulterated coal, while the Patuakhali coal plant tender attracted only a single biddet, raising concerns and prompting a review of coal supply strategies.

Under Indonesia’s G2G policy, 70 percent of extracted coal is reserved for domestic use, with only 30 percent allowed for export. On July 4, the Power Division sent an office memorandum to the Ministry of Energy proposing joint ventures and direct investment in Indonesian coal mining and supply.

“If Indonesia agrees to invest in the second unit of the Matarbari coal plant, the average cost of electricity generation could drop to Tk 7.50 per unit from the current Tk 8.40,” an energy official said.

If you copy phulbari.org(select all) then transfer it to notes there is another hidden section that is not even started yet headed “More”……this is imho where the company and power china will be now but it’s too early to update investors…….everyone they need to be in the stock has to get a stake yet,this is what this website is about I think an investor presentation

A lot of traders are on the wrong side of this who are going to have to make a choice this week!……that’s going to get us on the way to 13p…….swim with the flow ladies 😉

Thanks gp…..I think that’s more info than was previously available……

Thanks searcher..💪…..phulbari.org stated a year ago “closest ever of coming to fruition”…….months later the Gcm acting chairman said “ that it is now more the question of when”….I know we have worked this out for ourselves but to see it tonight from a source close to the company?….is the icing for me

Can you see how feckin big this is now!!!!….Teesta,upgraded rail network to ship coal and overburden and the Phulbari pit itself $15bln dollars of investment to kick start the next govt 😂😂……no brainer…..hold onto your acorns

Going back to last year this website knew a presentation for phulbari had been prepared and sent to the new govt before Gcm announced it in their results…….then we got the February/March coal policy meeting with Phulbari at the helm

I suspect it’s Dyani…….

This has been updated in the last 3hrs gp……….💪