Member Info for GPback

We’ll be back at 12p wondering if we needed to sell and buy so much loo roll at this rate.

No I can’t go. Anyone feeding any info back would be much appreciated.

Haha, AGM is being performed in our local. Gary is a good chap. Wonder if we’ll get a quorum?

Anyway hopefully the protesters will be out catching the lurgy.

GoB wants an increased income from coal mining.

https://www.google.co.uk/amp/s/thefinancialexpress.com.bd/trade/govt-doubles-coal-mining-royalties-1584074716%3famp=true

Seen drops like this on no volume many times before :-D

Oops too late.

More on Dighipara

https://www.google.co.uk/amp/s/www.today.thefinancialexpress.com.bd/trade-market/dighipara-has-706m-tonnes-minable-coal-1583779132%3famp=true

https://www.cemnet.com/News/story/168462/bangladesh-suspends-coal-discharge-in-fear-of-coronavirus.html

The AGM isn’t a place to announce general updates. It’s a procedural meeting.
We need to pick a place where we can get the meeting done without disruption.

Saudi Arabia or equivalent should be chosen where no-one would dare to glue themselves to anything.

https://www.google.co.uk/amp/s/tbsnews.net/bangladesh/dighipara-has-7060cr-tonne-minable-coal-report-53989%3famp

No real surprise there Marv. Everything will be on hold for 6 months or so.

https://www.dhakatribune.com/bangladesh/dhaka/2020/03/03/cab-more-than-half-a-million-metric-tonnes-of-coal-embezzled-from-barapukuria

Bees, we’ve generally been immune to world events over the past 10 years, not going wildly either way.

Good.

If Bara underground mining is forecast to end it increases our chances of approval now.

Our licence is without question. Dighipara isn’t part of the same seam.
Any underground mining affects the ground above to some extent.

But we will be mining:

“All the planned coal-based power plants still remain on paper for coal sourcing crisis. Thus to meet the demand the government is going to develop the local coal mines.“

This ‘new technology’ won’t work for Phulbari as it is too close to the surface. But deep coal will.

https://bangladeshpost.net/posts/bcmcl-s-new-technology-for-coal-extraction-26897

Is that a sign trader?

Agreed ricky. There has been plenty of internal Bangladeshi debate stating that there will be a lot more domestic coal used over the next decade.

Time now for them to explain how!!