Member Info for doze

This will be it

https://foreignpolicy.com/2024/05/01/georgia-russia-foreign-influence-bill-protests-democracy-eu/

"If passed, the law would require all nongovernmental organizations to declare if they receive a certain amount of their funding from abroad."

I've always thought a lot of Russians put money in Georgia so they won't like it!

Did Russia invade today? Maybe on the border. Big drop in SP anyway.

And still no TR1. If it was just investing that is ok but if accumulation requiring future tr1 with an explanation then you cannot just say subs shares are all gone. Correct me if wrong but eg a takeover does not have to announce itself until 30% is exceeded. We have had big volume?

Https://thefinancialexpress.com.bd/economy/chinese-investors-express-interests-to-shift-investment-to-bangladesh

We don't really need anymore links/news on OPM being on as that has always been the case in the last few months. I am more interested in how long approval takes and what will be the administrative arrangement for it as the SP indicates uncertainty on this point imo. I think a Dhaka quote will be required for starters if GCM is involved as the Chinese have a 25% stake there but there could possibly be a new company set up with Bengalis in charge and GCM compulsory purchased. The bigging up of the coal mining issue goes against us IMO as it becomes more high profile.

A waiting game whatever as the bigwigs have their summit in Beijing and the Energy Ministry formulate their plans.

My big stake Mankini, anyway.

It is possible tacit approval is given soon with a fanfare later after Beijing summit.

If you think over the possible agenda in the energy committee meeting it would be high priority to approve OPM but subsequent to it what you get is a high level mission to Beijing. Some details need ironing out about Sino-Bengali relations before a GL is given imo.

I am sure it will be a cash cow but is a big capital budget item and when they advertised for a partner for Woodsmith I think it put them in play for the copper assets. It looks like the copper will pay for Woodsmith and sell AAL now as valuable assets.

Not enough analysis done on this news- New projects, Chinese RMB transaction top agenda FM may go on advance trip next month. The old Moneyweek article emphasised the scale of Phulbari and PC is state directed. The Finance minister and Hasina probably have a lot of related issues with the granting of permission to OPM and for PC to take it to the next level the issue of being paid for work would be top of the agenda for Xi and then there are the logistics of the job. China would not allow PC to sign operational contracts without the physical on the ground route for the achievement of them.

I don't know if this trip delays further progress to GL but I can see that a thorough discussion on related issues is what Xi would require and this is the stumbling block to overcome the GoB have discovered.

It looks like the Chinese are going to want to be paid in their own currency. This is sensible of them if the Taka is depreciating and that depreciation will only improve as industry capacities can be fully engaged. I hope plenty of the natives will be employed by the Chinese and they can improve their skills base and be employed at Phulbari.

The nod that matters is Phulbari but as you don't understand what subtext is, it means implied and that means Phulbari will not be discussed but does enable what is discussed. What is important is to get public finances heading in the right direction.

Where is the market for the overburden then which will make good road metal where flooding puts roads underwater and could possibly do with some?

Southern projects enabled by Phulbari being painted green; the subtext.

Roads are what the Chinese are good at building and they will need somewhere to put all that overburden. The south is where Hasina is from so playing to all of the country with Phulbari and painting it all green in the process. I can't think of another project to discuss in China.

Not sure about that GP with Chevron stopping work I expect smaller firms will get the jitters about Bangladesh whereas GCM has created a good opportunity for itself.

That was a nice surprise for me today. I am a little diversified from GCM.

Certainly slow to adjust to your positive attitude here, especially as you get an unwarranted negative response. Glad you moved on. Not so dusty being in a share like this though.

Jamesss; he won't make 'datuk' of Bangladesh aswell as Malaya if he does that, he is only 50 or 51 years old and been executive chairman for 11 years https://otp.investis.com/clients/uk/gcm_resources/rns/regulatory-story.aspx?cid=1564&newsid=750153 and is on the verge of leveraging his efforts in Malaya by using his contacts developed there and in Bangladesh over a long stint.

Bangladesh Freedom Honour is the highest award for a foreigner

Track11; is that your way of saying you agree with me? if I understand you correctly and BHP are trying to steal.