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I think you’re right searcher. The press WILL ask about the detail and if answered straight put 2+2 together which will ignite all sides, those pro and those against the coal choice.

We’ve got to be prepared for some waves both positive and negative.

It’s coming searcher 🫰.

Now, when will Yunus approve the SoD?

🤘

The MACD is still positive and no one is selling much. I saw the book this morning and there was nothing showing to suggest downward pressure. RSI can go up a bit more so it’s not overbought yet.

I think everyone is loaded and ready.

It’s clear from the accumulation/distribution that there’s a lot of interest in the stock.

I saw your post earlier about wanting a lower price but who’s going to give up their stock to supply it? Not me 😌.

I’ve my eye on the monthly ‘W’ chart with 8p as the breakout point 😉

While it’s quiet I’ve just zoomed out on the chart. I do that from time to time just to remind me of the potential.

Wow, we all should do it. We’re focussed in on a postage stamp size of the chart. You can hardly see the 2p to 8p move 😂 yet we think it’s massive.

Cheers searcher. There in black and white. 😁

We aren’t looking for gold, silver or diamonds.

The valuation of the overburden was in the public domain by the company I think.

Teesta will need it.

We’re just after bulk materials for road building, etc etc (many other types of products for construction and others). We’re not sieving through it anything.

I’ve millions of shares so any of those big numbers works for me 😂

I feel we are overdue a company update 😌

The main rises that have occurred are on big volume and the retraces much much lower volumes. Looking good. I can now see we are in a rising channel which the chart is following. Further buying pressure will decide if we are going to break out of it.

That is funny and accurate mankini 🤣

Looking good today and no stock eh?

There is I’m sure much much higher 😉

Digit, it’s clear that the intensity of the info about using own resources is going to ramp up ahead of the elections. December SoD approval incoming 😎

It just makes me more confident that we are close to take off and that the City can’t access the level of stock because they are held tightly by knowledgeable private shareholders.

I’m still adding which is the irony for them that they are helping me get more for my money. Thank you 🙏 Keep up the good work 😜

Https://www.tbsnews.net/bangladesh/govt-orders-operator-cancel-coal-tender-patuakhali-power-plant-over-irregularities

Power division orders RNPL to cancel coal supply tender for Pathuakhali power plant over irregularities

ENERGY

Shazzad Hossen

05 September, 2025, 08:45 am

Last modified: 05 September, 2025, 09:29 am

Power Division also orders to reduce future coal supply contracts from five years to two

RPCL-Norinco International Power Limited (RNPL) in Patuakhali. Photo: Collected

RPCL-Norinco International Power Limited (RNPL) in Patuakhali. Photo: Collected

The Power Division has directed RPCL-NORINCO International Power Limited (RNPL), operator of the 1,320-megawatt Patuakhali ultra-supercritical coal-fired power plant, to cancel its tender for appointing a coal supplier for a five-year contract.

The division also instructed the operator to take steps to float a fresh tender at the earliest possible time and to reduce future coal supply contracts from five years to two following the cancellation.

The directive, issued on 7 August, came after a probe committee uncovered irregularities in both the technical and financial evaluations of the bidding process.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In its cancellation order, the Power Division said: "To procure coal for the 1,320-megawatt Patuakhali plant, a tender was invited on 2 February 2025. Due to irregularities and flaws in both the technical and financial evaluation processes, this tender process should be cancelled."

The order was communicated to the RNPL, the chairman of the Bangladesh Power Development Board (BPDB), and the personal secretaries of the power and energy adviser and the power secretary.

Md Rezaul Karim, BPDB chairman, told The Business Standard, "If the coal supplier appointment process is not competitive, it will inflate coal prices and ultimately drive up the cost of electricity."

He added, "Shorter tenders allow small suppliers to compete, whereas five-year contracts impose tougher financial and operational requirements that discourage capable smaller bidders."

The cancellation order follows a probe committee report which uncovered restrictive tender terms and technical specifications that "favoured a single bidder", Singapore-based Yongtai Energy Pte Ltd.

The probe was launched after an 11 July 2025 report in The Business Standard titled "How tender rules and a lone bidder stall a $2.5b power plant," which highlighted sudden coal price changes, specific mine requirements, and supply commitments designed to benefit Yongtai.

RPCL-NORINCO had floated three tenders since January 2024 for a five-year coal supply contract. Each time, Yongtai emerged as the sole qualified bidder for the procurement of 1.3-4 million tonnes, valued between $50 million and $150 million.

Yongtai Energy also emerged as a qualified bidder when RPCL-NORINCO called for the procurement of 1 mill

Https://www.thedailystar.net/news/bangladesh/news/bamboo-bridge-only-means-10000-people-3978166

Done 👍

I’m having to buy another £100 worth now Mr Owl 🦉

I bet you have mr 5 posts.

In the bin 🫢

Nice read digit. It’s openly being discussed which means it’s not going to a surprise to anyone except the current share price 🙄😂