Member Info for Invester007

You’re viewing my point wrong then. Stock price determines the market cap. You’re trying to predict a market capitalisation and then think what the share price will be. Which is reverse psychology. Yes it’s good for being able to gauge a price range. But tell me how you’ve come up with that market capitalisation?! (No need for the rubbish talk)

Why don’t you stop trying to guess the share price. And wait for some news. You all fantasise over it like you think you work on Wall St or in Canary Wharf. Let’s be real your investing in a penny stock in which the only way this is going to go up further, is if we get some news stating that we have successfully completed the EWT with substantial readings and we are now happy to commence on to the next stage of our project. And in an even better scenario a joint partnership or high buyout.

So don’t call me stupid.

As much as doing calculations of market cap and shares in circulation to figure out an estimate share price is interesting. I personally think that the market cap doesn’t always have a direct correlation to the share price. Just something to think about.

Https://www.devex.com/news/devex-newswire-bangladesh-shows-you-can-t-have-development-without-human-rights-108112

Just a little reminder for everyone saying why haven’t they already commenced the EWT phase. What did I say the other week?

… Companies will post images & statements when they wish to. Normally delayed. So just cause they’ve posted this picture saying the equipment has arrived doesn’t mean they haven’t started it yet.

For all we know that could be a few days old already. Who knows. But for those panicking saying why haven’t they started mabye just think a little. They’re not gonna give you a full live commentary in real time are they.

Anyways GLA .. nearing ever closer now!

Ahaha yes funny isn’t it! Just need to replace it with Helium or even better Helium & Hydrogen (and any other gases)

I thought I’d link a very interesting slideshow/presentation that Oxford & Durham Uni put together about helium. They also mention how the Ruwka Basin within Tanzania could be a major province of helium that is untouched. I remember a professor saying this is one of the best places to look for it.

Give it a read! Also talks about how much helium is worth and the different types of helium that can be discovered. And a whole bunch more!!

Good luck all! Getting exciting now.

https://www.energy.ox.ac.uk/wp-content/uploads/2022/03/Oxford-Energy-Network-Talk-7th-June-2022.pdf

Yes luck is a wonderful thing @ HereforHero

- But as Denzel Washington once said “I say luck is when an opportunity comes along and you’re prepared for it”

So the question we should ask ourselves do we think this is a luckily opportunity we have found.

I say YES!

We all know it’s down there (some more than others) .. the company just needs to prove they can develop it into a valuable resource. One that big companies would do anything to get their hands on.

GLA!

Have a nice weekend.

Glad you ask! No one has actually mentioned this. But you would only use this type of casing if you were planning to extract the helium. Promising sign for sure! It’s an extraction casing not a drill casing. To put it simply.

Totally agree JH10. Backs up what I said earlier

In most cases RNS documents won’t be released the day they actually complete what they need to do. They’ll need to make sure it is worded properly etc etc .. and then submit it. By the time they post the RNS you’d like to think they would have not wasted time and would then move on to the next stage. Which I imagine they will have done.

I don’t see the need for them to say where the EWT equipment is.

In an ideal situation and everything goes smoothly. I’d imagine they could get the EWT finalised and done by the end of this month.

GLA

Anyone considered they might already be doing the drill test aka EWT 👀🚀

Meant to be good luck isn’t it! Ahaha

Income tax is charged at a rate of 30% on income of a resident corporation and of a permanent establishment (PE) of a non-resident corporation or 5% of turnover for technical and management service providers to mining, oil, and gas entities (deducted by way of WHT).

I wasn't trying to say that all I was just saying what is happening in Bangladesh. And that an update would be nice that's all.

This whole movement is still going on when you look at Twitter (X) and Hasina is getting a lot of backlash. Nasrul Hamid’s account is trying to say it’s from a terrorism group and not the police. It’s crazy.

Looking into the people within GCM on LinkedIn you can see a few people but GCM are not On social media compared to the likes of other penny stocks. Probs for a reason.

There’s a lot to think about. I honestly don’t know if the fact we have had no news is good or bad.

Hmm. What I have noticed tho is just how crazy the price of this share can move. Just simple due to the low volume. That's why this amount of sells has brought it to this price.

Photo of the drilling rig in operation

Sure 😂

RE: Added 100k at 5.94p 9 May 2024 08:49

''The share price will motor once there’s a whiff of an announcement. Could be anytime.''

Was this you .. Positive?