Great news16 Apr 2024 08:56
The day i oversleep another fantastic RNS comes out. Hope that doesn’t happen on the next one, green light news😄
We knew it was coming, it’s come in at a price well above all the deramping nonsense prices that certain posters were trying to post as facts. 3-1 placing i believe one person has been harping on with.
Now the doomsters have nowhere to go. 😄👍
It’s all systems go now. 16 months working capital secured. We should hopefully be underway long before that runs out & maybe even drawing an income from the sales of by products from the overburden.
Share price has been held back to secure this price. We will start to fly once this dust has settled
Michael Tang CEO said: "
we are increasingly more confident that the Government of Bangladesh is receptive to the advantages of domestic energy production;
our focus and main effort now is to secure the consent to develop the Phulbari Coal and Power Project,
which we are well placed to develop alongside our global energy infrastructure partners, Power China."