Member Info for doze

Https://ethiojobs.net/job/Aa44Xw2Ztt-quantity-surveyor

Nigelwilliams' post highlighted an important appointment at TKGM. I imagine this is a cost to support BCM activity so quite important to fill so how are they getting on doing that? Are there many qualified to that level and proficient to C1 in the local lingo.

I see SGbaby, we just become clients to the new SOE; that is the way China likes to operate as it is out of the public eye and the capital market listing would have reward to GCM in the accouints.

I think I get it SGbaby and I remember now when I first read the news I thought it was a way of passing all the bad contracts on to someone else and off the public debt which rather makes my last post look silly but in our case it is the opposite and not relevant to GCM being traded elsewhere if taken over so I am personally not so excited about this news as we could just be subsumed into a new Bangladesh energy entity and lose a fungible listing.

@ post 21.21 I think that means public energy firms could include GCM or whatever new entity it is subsumed into. This means we will be tradeable in Bangladesh which means they can be rewarded at internationally determined metrics unlike BXP listed on AIM which is currently suspended pending audited accounts. This might be Tang's negotiating skill to reward GCM and China when ' Phulbari Mine and Businesses ' possibly becomes the trading name while at the same time Bangladesh nationals can buy GCM or the new entity to participate aswell.

It is a rural area and they are hopefully voting for the symbol sheaf. How many cannot read and write- the election maybe depends on the illiterate. If Phulbati is not mentioned maybe that is because the illiterates do not know about Phulbari and are too busy surviving.

The fund raise maybe gave Tang some shares via friends aswell as funds. PC and Bangladesh will be deciding how we fit in so he must have needed extra chips especially as we have heard nothing on the polo front the ins and outs of which I do not understand. Possibly polo has the votes but does not command the value of GCM so the fund raise addressed that but I am just shooting in the dark there but do believe some sort of pre election future for Rangpur as a whole has been thrashed out so BNP can hit the road with speed and Phulbari may not get a mention because those voting for 'The Sheaf' symbol might think they are excluded if they heard verbally on the grapevine without the benefit of an LSE BB!

Don't forget the projects for the North need to be funded and with PC, our joint development partner possibly, the minerals and coal provide funds for Teesta river works/hospital etc. . His speeches are hollow without the tacit involvement of China.

Everyone is saying the obvious except for the fatherjockstrap's post GP and he got me going when just before rises are expected we get his deramp!

Keep up the de-escalation to keep us on track GP, I like you.

Are you cynical now fatherjockstrap? I concede that it is Bangladesh but they have few options and suffer hardships re energy at the moment. I am sure GCM can be positive about the imminent election and developments afterwards. It might take a few weeks of 'realization' for the required solution to properly be formulated though and your 20p to be exceeded.

Yunus's funder likely short of funds then so PC/China are more likely to be more welcome than ever.

Https://www.bbc.co.uk/news/articles/cr579mdv4m7o

Lye is still the country rep just not a director. Structural change due to PC lead role I suspect and need for discretion; also why I think Shacleton was dismissed. All looking as good as possible atm.

How will the Government of Bangladesh and PC frame Asia Energy's licence and GCM's hard work over the years? I am sure BNP if they win the election will adequately recompense GCM for the hard work and development of the project's path post approval. PC if you read the Phulbari.org updates https://www.phulbari.org/copy-of-background (see links in the header) have been instrumental in massive briefings with potential players in government while reaffirming the role of GCM as essential for speedy implementation.

It is all looking great!

If you can't say you support Phulbari when electioneering near there then you are showing yourself subservient to something else- Yunus perhaps- well! wouldn't that be a mistake? What about the Khaled Zia legacy?

It was a bargain anyway if GL is the bet. I can't see there is an alternative for them. Tang dismissed Shackleton maybe due to him answering calls from PC which I expect Tang likes to deal with. Anyway I am encouraged by that decisive action indicating Tang has things in hand and on track with the people that matter at PC. The election is a side show as the mine is happening and a frosty China will play hardball until softened by OPM and Bangladesh need China whoever is elected. Even the UK needs China no matter what Trump says.

It takes a bit of getting used to buying at these prices after loading up at .5 and .6p

It is imperative GCM appear squeaky clean so as not to jeopardise the licence and a dismissal might just be for that reason. Tang is an accountant and very judicious with dealings. Jarvis is an active market player and confidences re GCM need to be watertight at such a sensitive time.

Warrior makes the point that Shackleton was dismissed so maybe he was at fault? We will see if the trading pattern regularises more by comparison to previous trades which could possibly indicate something untoward going on to cause dismissing otherwise maybe another reason.

https://www.tipranks.com/news/company-announcements/jarvis-securities-strengthens-board-with-appointment-of-paul-shackleton-as-non-executive-director

Anti corruption drive should help validate GCM and guard against AL style theft. FDI is a must as Bangla have no money so GCM a strong contender to be treated as an FDI champion with the work already done. Their has been a people facing shopfront in Phulbari which can fly the bunting and Gary Lye take the plaudits, he deserves them. China like a back seat and will not want PC to feature on the letterhead imo and Petrobangla might not go down either so suggest an umbrella name; Phulbari Mine and Businesses or some such. Barapukuria shut down provides a readymade workforce for Phulbari and maybe they would prefer new management after corruption at Barapukuria.

The locals are pro opm so should vote the BNP in and the above are just the political positives as it is agreed the mine as a project is essential for financial reasons.

Interesting re Mithril but HAA must not get distracted and cause delays and Mithrel should no the risks of delay.

Replace forward sell of gold with upfront cash cash payment to a miner in exchange for right to purchase a percentage of the future precious metal production ie in the future gold is sold by TKGM ; a misuse by me of the term forward sold which was simply me using the english language in a literal sense. I still think TKG will have the first $10m. This is included in the conditions precedent and imo does not need the debtors permission to be triggered. BigBiteNow might be right but KEFI hasn't made that statement.