RE: Who is the miner?22 Jul 2019 21:29
Jupiter...well my view is this...i agree with RdR that GCM will be bought out sooner rather than later and the Chinese will bring this to fruition. According to GCM the Phulbari project will contribute 1% to Bangladesh’s GDP each year and pay US$7.0 billion in taxes, royalties and service charges to the Government over the life of the Project. That is pretty weighty imo so looking at a buyout @ £7.25p that values GCM at circa £710m.....hardly unrealistic considering what's at stake. At half that circa £3.50 its starting to look cheap.