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That’s a marginal profit there recession. After being involved for 15 years, it’s the big prize I’m after.

A close of 7.625p or above signals the uptrend is on.

7.6p fill n kill?

Agreed. Trading and hopefully holding at or above 7.5p makes the chart look very good for an assault on the recent highs.

Why not? We all know what’s coming ;-D

Follow the money.

…… we’ve been waiting for. There’s a buying stampede !!

Morning searcher. Nice transcript and as you say must be approved for publication by Hasina. Hamid isn’t a maverick, he won’t go against her.

Onwards and upwards.

I expect there’s a delayed buy coming but we’ll have to wait a bit to see.

All I see is a sea of green blocked posts.

@LSE, can you make it that if you block someone they then can’t see your posts. That’ll clean up the bb quickly.

Nice to see.

Mm’s are at it again.

I was will to pay 7p!!

Big trades = good for us.

Takeover RNS - that’s instant Karma against shorters.

Nothing direct from yesterday’s meeting yet. It’s early though.

Approving phulbari opens up the full project. Mega onward foreign investment. Hasina would lose that if she said no. She doesn’t want to upset the Chinese.

I translated the whole thing in sections and read it. I haven’t time to do it again, I’d have to do it later. There was nothing negative about it. It was a balanced article but pro mining own coal.

I’ve Google translated the Bengali bbc news article.

Hamid talks about immediately mining north Barapukuria then talks directly about Phulbari. I believe they are the same.

New initiative of open coal mining in Bangladesh

15th March.

That’s a different earlier article. I saw it too weeks ago.

Https://weeklyblitz.net/2024/04/22/bdt-7-billion-government-due-threatens-matarbari-coal-power-plant-production/

First coal 2 years searcher.

Lots of overburden products to sell too from the recent RNS so we’ll be cash generative at least at some point prior to coal.

I’d like to know the terms of the $1 billion financing. We’ll be paying that back to the Chinese at some point I’m assuming but it might be over 10 years or more. We could do with finding out.

Might be reduced cost vial to the mine mouth power stations of course.