Member Info for GPback

April 5, 2019 Energy Security For Achieving National Vision Saleque Sufi Bangladesh needs achieving sustainable energy security (seamless supply of quality power and energy on uninterruptible basis at affordable cost for all citizen) for achieving the national vision of developing and developed economy status. SDG7 is affordable , reliable , sustainable and clean energy supply to all citizen. Government information states of 20,854 MW installed capacity of power generation including 2800 MW off grid captive power generation and 1160 MW import from India. For various reasons ranging from fuel supply deficit to power transmission & distribution constraints more than 11628 MW power generation could not be achieved yet. Government information also states of 92% of the population having access to power. There are claims that by the end of 2019 the entire population of Bangladesh would have access to power. However, the surplus generation capacity could not ensure uninterrupted supply of quality power to all users. Load shedding is experienced in isolated areas, still industrial consumers are concerned about poor quality of power. The energy supply is not yet affordable for all, still to compensate for the cost arising out of expensive LNG import price increase of power and energy is in the offing. The supply is yet to become reliable as the quality is still poor. The supply is also not sustainable. We are not sure that Bangladesh can have more than marginal contributions from renewable energy (clean fuel) in the foreseeable future. Generation is only one segment of power value chain. If transmission, distribution and supply to users do not evenly match, significant generation capacity remains unutilized. Every developed country has about 25-30% spinning reserve for meeting contingencies. But a developing country like Bangladesh cannot afford to have over 40% spinning reserve. Bangladesh has to pay the price of achieving installed capacity. Bangladesh needs fuel for achieving up to the maximum possible capacity, evacuation facility and market to absorb. Fuel Mix: Choosing appropriate fuel mix is a major challenge for Bangladesh. Until 2009 own natural gas exclusively dominated fuel mix contributing above 90% for power generation. Natural gas is also raw material for Urea fertilizer. In gas franchise area gas also is used as fuel for industrial, commercial and domestic use. Bangladesh was not very careful about perspective planning in natural gas sector development and economic utilization of the precious resource. From 2000 demand of natural gas increased in geometric progression. Every 1% GDP growth created 1.5% power demand growth. So for 6.5% -7% power demand alone grew by 10%. But keeping pace with that gas exploration and development could not be done for poor over all energy sector management. From 2000-2018 only about 2Tcf new gas reserve could be added to national reserve mainly through efforts of capacity constrained BAPEX. Bu

http://energybangla.com/energy-security-for-achieving-national-vision/

An approach to the GoB with our entire project couldn’t be more timely.

200USD a tonne lol. That’s crazy. Own coal it is then. Great find bees.

https://www.google.co.uk/amp/s/newsin.asia/china-to-define-belt-and-road-initiative-clearly-to-avoid-misuse/amp/

Bees, Polo only get their extra stock for funding each quarter this year. We are only in Q2 so they might only have 25% currently.

Why, what did he say or state?

Getting the miner on board completes the package and adds weight. It also answers any question regarding the ability for Gcm to be able to produce the mining goods. So I think the Chinese miner will be announced first for optimal political leverage and chance of success. Hence why we are delayed submitting the current proposal. Looking good though.

CF73. Maximum leverage indeed. Currently a 14.5bn USD project which could be added to with the mine development. 50,000 jobs, etc etc. All creating a tempting project and cheapest electric in BD.

Kilkenny and the City is my opinion.

Have they? He won’t like being silenced lol.

How would Phulbari know if the nod from Hasina been given or not? He works off facts and not suppositions. The problem is with AIM stocks who’s share prices are massively derisked, you’ve got to accumulate prior to the fact being announced. Will I be able to accumulate 500k shares at 12p average after the facts (green light) are known? Of course not.

https://thefinancialexpress.com.bd/views/columns/harnessing-benefits-from-obor-initiative-1553962144 “...... the Prime Minister said, none should worry about the China-led One Belt One Road (OBOR) as it would benefit all neighbouring countries of South Asia. It would help raise trade. If there is any issue to worry about, it can be solved through bilateral and multilateral discussions. The decision to go with the OBOR initiative is a natural choice for the country.”

Yep, they probably open up the Bara mine and join it all up. Top up for me on its way.

To add, it would be interesting if our new miner was Chinese. If they bought some stock for a 4-5 million GBP then that might be a hint on a future T/O by said company. Just a thought.

Good research horse. Why not keep it a full house of Chinese companies. If it is I think we’ll be bought out ASAP.

We don’t need to raise much and there are other ways to raise funds longer term once the GL is given. It looks like a deal with a large miner will include a free carry for us. That’s what I would write into the deal anyway. Yes Tang isn’t a miner so this next deal is the “unlock” key. Once done the deal will be put forth. We’ll be bought out at a decent price once it’s we get the go ahead. That’s my take.

We can gooner. Just checked. They are valued at 700mn not 800. They’ve found a mountain of Copper Gold and are hoping to get the licence to mine it. Sound familiar?

Phulbari, just how do you “know” that Hasina hasn’t behind the scenes approved the mining of Phulbari. Go on. The floor is yours to explain.

gooner, the Solg sp got to 1.1p as I was a buyer then. There were a lot fewer shares in issue then. There are 1.5bn shares in issue now but the sp is underpinned by the BHP billiton investment and iirc theyve continued to buy.