Member Info for mankiniparty

Be zero unemployment in Dinjaphur when Phulbari starts 😂

Let you have a night off then searcher 😂

Short term price & fluctuations don’t really matter. Prize is the goahead where we will be rewarded with a triple figure share price. Lost count how many times we’ve expected the SP to fly off a positive news article only to see it finish down or flat the next day 😂

Based on the noise coming out of Bangladesh, it does look like our rewards are going to be sooner rather than later though

Certainly looking very positive searcher

Must admit that’s sounding like a possibility now GP. Although signing it off within the timescale before the election could be optimistic, bearing in mind this is just a presentation & the elections are only a few months away.

Could well be all agreed & ready to sign off as soon as new GoB in power though. Sounds like all potential parties are going to be privy to the presentation 😁

Could be a very merry Christmas

This is groundbreaking stuff. GCM’s last RNS said they were ready to discuss the project with the next elected government.

Sounds like they are about to present now. Strike while the irons hot 👍

“STATUS UPDATE

A presentation has been developed and will be presented to the Interim Government to reflect the aspirations of the new Bangladesh. Prominent Business leaders and Associations are currently stressing the need to extract and utilise the countries' own coal.”

"Additionally, we request urgent steps to be taken to extract our own gas and coal.”

That gave me a semi 😁

3-4 months as Yunus originally stated when he first took the helm.

They do like a December/January election over there

Green light in the new year then. Just over 3 months to fill yer boots. Although SP will start consistently risining on the run up to Election Day 😁

Most positive you’ve ever been Phulbari.

Not messing about cleaning house. Never known them to be so proactive. Have a nice clean slate ready for the new GoB. 👍

Fair enough. The bones accuracy hasn’t been too great over the past 16 years to be fair 😂

Checked the bones this morning & can confirm it’s going to fly again soon, she’s like a coiled spring 😂

Hopefully all the flappers have sold out now so we can resume the climb again. Ready for lift off once the election date is announced 😁👍

in march 2024, a planned mine associated with the phulbari power station – a fiercely contested project that has been proposed in various forms for decades and has resulted in the death of at least three protestors – secured a $1bn funding agreement with powerchina.

though the power station was not included in this initial financing agreement, china has not explicitly ruled out funding the plant, despite its 2021 pledge to stop building new coal plants abroad. the project sponsors say that they expect the coal plant proposal to “become attractive” due to their proximity.

several countries, including bangladesh, ****stan, the philippines and turkey are continuing with plans to develop a backlog of proposed coal plants in the face of counteraction to the fuel, such as local opposition, policy changes, finance moratoriums and other challenges.

over the first six months of 2024, nearly twice as much coal capacity was proposed as was shelved or cancelled, as coal-fired capacity continues to grow globally.

this rebound in proposals is largely due to a resurgence beginning in china in 2022, followed by india in 2024. in fact, as shown in the figure below, almost all (97%) of the new and newly revived proposals in the first half of 2024 are located in china and india.

additionally, of the 1.8gw of newly proposed capacity in the rest of the world, more than 40% is sponsored by chinese companies.

https://www.carbonbrief.org/guest-post-just-15-countries-account-for-98-of-new-coal-power-development/

“Projects having potential for generating employment would also get priority, he said."

Phulbari will create 17,000 jobs (direct & indirect)

This little piggy went to market

This little piggy caught a train

He’s had it away on his toes

One thing you have to admire the bungles for. Their ability to form commitees is second to non on the world stage.

I look forward to the day one of them actually achieves anything 😂

Yunus’s original statement last month was to hopefully hold an election in 3 months time.