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I was giving a history lesson Digit! Trying to explain the reason why in a normal scenario the decision is no problem but the BNP I hope will be moving the country on due to current problems. Sunday ruminating.

Jamaat are supporters of the working class so it is a good move of BNP to hopefully include them in a China collaboration for Rangpur because they will hopefully win a base support of the aspirational from Jamaat but it was always an all party decision as I argued for doing during the interim government.

I knew it will happen sometimes.

Wrong board!

Price: 1.42

No Opinion

There are a lot of peasants in Bangladesh. Yunus exploited their aspirations with Grameen while exploiting the political weighted dice just as the elite have always done. Bangladesh has its occasional uprising but China had Mao and a workers revolution and communism morphed into a system which has lifted many to the middle class.

China knows how to do this for Bangladesh but Bangladesh is slow as all the decision takers are the political aristocracy holding on to their privilege. This would change with a rising middle class but that is where this country's wealth lies-in the harnessing of the millions in a more productive business environment; metalled roads, railways, hospitals, cheap power, flood prevention; it takes money spent on development not exploitation by the elite.

There are a lot of peasants in Bangladesh. Yunus exploited their aspirations with Grameen while exploiting the political weighted dice just as the elite have always done. Bangladesh has its occasional uprising but China had Mao and a workers revolution and communism morphed into a system which has lifted many to the middle class.

China knows how to do this for Bangladesh but Bangladesh is slow as all the decision takers are the political aristocracy holding on to their privilege. This would change with a rising middle class but that is where this country's wealth lies-in the harnessing of the millions in a more productive business environment; metalled roads, railways, hospitals, cheap power, flood prevention; it takes money spent on development not exploitation by the elite.

Sounds good for controlling/paying off the rebel fighters missing USAID Rob and protect the Red Sea route and as one commenter said- returning refugees, but will certainly help with the gold miners to have a stable Horn of Africa and trade route via Suez to the Atlantic. Ethiopia leveraging Harry's achievements imo.

Bing tells me the population density of Bangladesh is 1265/sq km compared to 277/sq km for England. There are unmetalled roads and flood prone areas and a high proportion of subsistence farming (I expect). Development in Rangpur (city has 468,368 pop https://worldpopulationreview.com/cities/bangladesh ) region will provide better jobs and infrastructure to replace subsistence farming while reservoir and water management will enable land reclamation and three crops a year. Coal from Phulbari will help the whole country. China has done this since 1990 and will transform prospects for Bangladesh but not if the means to achieve it is hamstrung so it most probably will not be.

It is also fiction not to link them mankini.

You will have a rail link to a riverport to service the newly built Teesta navigation canal.

By train.

If not Shouston it would be good building materials for Rangpur development projects. Anyway there is an EPC rns 29/12 ' It is acknowledged that working under the MOU, the parties have already taken a significant step towards developing the Phulbari coal mine. This is demonstrated by the signing of an EPC contract for "Phulbari Coal Mining Infrastructure Construction and Overburden Stripping", which was announced by the Company on 11 March 2024. The scope of work under this contract includes the design, procurement, installation and commissioning of mine infrastructure and overburden removal, dewatering and drainage. It also includes selective mining and stockpiling of valuable industrial mineral co-products that occur in the overburden and are expected to deliver considerable cashflow for the Project ahead of any coal extraction. Importantly, the proposed mine development is now heading in the direction of contract mining which means that the mining is carried out by an experienced mining contractor utilising their own resources and mining equipment resulting in reduced technical risk and start-up capital expenditure requirement.' There will be a rail connection to Teesta and therefore overburden and coal can travel to barges there. mankiniparty needs to put his practical hat on and see how the area will develop.

YKIR is probably paid by chatgpt- they need lots of different views to provide their misleading dross hence his output. Amazing how the 10.41 post today from AI is a mirror image of LSE discussion!

The intentions of TRowe and more Instis who might climb aboard will dictate the direction of travel. Good progress and prospects could see the SP climb on Insti buying and spys on the ground will give them the info before us, just as TRowe assessed their entry on all info. They won't stop at 10% if news is good.

'no message' Magic

I agree considering todays action. Maybe think differently tomorrow if it goes well down again!

Isn't it 7.5p when they relist https://www.lse.co.uk/rns/GCM/interim-results-for-the-6-months-ended-31-dec-2025-xv0p7e5ox642fbd.html

'The lender from 26 March 2026, may request the borrower repays all or part of the utilised portion of the loan, however as noted above whilst the Lender remains dissolved, they are unable to issue any repayment request. The Company and Polo Resources Limited previously agreed an increase in the interest rate from 12% to 15% per annum rising by 1.5% on the third anniversary and by a subsequent 1.5% on each anniversary thereafter. Furthermore, the lender may request conversion by the issuance of new ordinary shares in the Company at 7.5 pence per share (being the Issue Price) subject to any necessary regulatory approvals'

That is a crumb of comfort for us from a top trader imo!

PC and BNP are possibly dictating the modality and know what is possible. I have always thought an element of fair play would prevail and that GCM would be a good middleman ensuring no corruption.

FDI dictates fair play too.

A private company and BNP only as the party doing the hiring could mean no deals in contravention of the trade agreement which I always thought would not get ratified.

Certainly is messy and a worrying time.

Tang is trying to take the SP down for POLO style privatisation because he cannot relist in BVI or PIs buying cheap shares. Who will be thwarted- can this be what is happening?

I did not expect this drop in SP

Not to