Member Info for Masterbaker

Sherlock Eskers sleuthing strikes again. Any ideas why a height requirement, seems strange these days...here at least

For the negotiation and finalisation of the Joint Development Framework Agreement, a success fee equal to 5% of the Company's issued ordinary shares has been awarded to the Consultant, satisfied by the issue of 4,408,783 new ordinary shares. Under the terms of the consulting agreement the shares awarded for the Success Fee cannot be disposed of for a period of six months from the date of issue. � For the negotiation and finalisation of the Contract Framework Agreement a further success fee equal to 5% of the Company's issued ordinary shares has been paid to Dyani Corporation Limited ("Consultant") by the issue of 4,629,222 new ordinary shares. Under the terms of the consulting agreement the shares awarded for the Success Fee cannot be disposed of for a period of six months from the date of issue. � In addition, GCM has issued 900,000 shares to the Consultant in lieu of the retainer fee for the period 1 July 2017 to 31 March 2018 in accordance with the terms of the consulting agreement. There are no restrictions on disposal of the shares issued in respect of the retainer fee, which is intended to cover the Consultants' costs in performing its services. Application is being made to The London Stock Exchange for these shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to AIM. It is expected that admission will become effective on 13 April 2018. Following admission of these ordinary shares, the Company's enlarged issued share capital will comprise 98,113,655 ordinary shares with voting rights in the Company. As the Company holds no shares in treasury, this is the total number of the voting rights in the Company which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change in the interest, in the share capital of the Company under Chapter 5 of the FCA's Disclosure Guidance and Transparency Rules as reflected in the Company's articles of incorporation. GCM confirms that following the share issues announced today, Dyani Corporation Limited and its controlling entities is interested in 19.3 percent of the Company's enlarged issued ordinary share capital.

GCM Resources plc ("GCM" or the "Company"), a London based resource exploration and development company, announces the issuance of shares as payment of consulting fees in accordance with the consultancy agreement ("Agreement") announced on 18 May 2017 with Dyani Corporation Limited ("Consultant"). The Agreement provided that shares would be awarded to the Consultant in the event that certain key milestones were reached with China Gezhouba Group International Engineering Co. Ltd ("CGGC") or a similar large Chinese enterprise. Details of the milestones may be found in the Company's announcement dated 18 May 2017 and in the Company's 2017 Annual Report. In the last month GCM has signed: � A Joint Development Framework Agreement with CGGC; and � A Contract Framework Agreement with CGGC. The Directors believe these two agreements form a significant advancement in the relationship with CGGC and a positive step towards reaching the Company's goal of an approved Phulbari Coal and Power Project ("Project"). When read together: � The roles and responsibilities of both the Company and CGGC in pursuing Project approval have been defined; � CGGC has been awarded the right to engineer, procure, construct, and commission ("EPC") a proposed 2,000MW mine-mouth thermal power plant at GCM's proposed coal mine in North-West Bangladesh, subject to a definitive EPC contract; � CGGC shall procure the financing for the development of the proposed mine mouth power plant with GCM's assistance; � CGGC (or its affiliate or investment partner) shall invest up to 30% in the power plant, subject to approval by Chinese authorities; and � CGGC shall assist the Company in pursuing the necessary approvals from the Bangladesh authorities for development of both the proposed coal mine and mine mouth power plant. CGGC is the main international business company of both China Gezhouba Group Corporation and China Energy Engineering Co. Ltd ("Energy China"). Energy China is a super central state-owned enterprise, and in 2017 ranked 312th in the Fortune Global 500. In the last three years, Energy China engaged in the design and construction of power plants with a total installed capacity of nearly 220GW, ranked first in the world. As the Joint Development Framework Agreement, and Contract Framework Agreement were key milestones prescribed in the Agreement, and noting the instrumental role played by the Consultant, in accordance with the Agreement the following consulting fees have been paid by the issuance of new ordinary Company shares: � For the negotiation and finalisation of the Joint Development Framework Agreement, a success fee equal to 5% of the Company's issued ordinary shares has been awarded to the Consultant, satisfied by the issue of 4,408,783 new ordinary shares. Under t

l'll point out the word Guv used by me was a general term, not directed at someone on here, who others call Guv. l don't know who he is.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5752585

That sounds really sad, have you ever tried going out?

As long as you don't include me in that. :-/

Re words, somehow l don't think so. l wonder if you'll 2nd my proposal to rename this bb, the Bannobs bb. It is interesting that at least both tend to be at opposite ends, be boring if they shared same view.

we own, we have,our future, our own hands (*2), our own destiny, we'll... Loads more there for you to choose from

Compare the 1/2 yearly results with the last trading update and it's easy to see the progress wsg are making. While you're at it, don't forget to add $4.5m for the new contract. l believe this SP is going to go boom boody-boom boody-boom boody-boom Posted b a fully paid member of, The Rampers Club. You've been warned

Ultimately with the government, but with any government anywhere they would look for a scapegoat. Not us Guv.

Was going to let it rest, but checking last rns they said. "As we have previously announced, the major Middle East project opportunity is awaiting completion of the client's internal approval process, and we have been informed that the remaining contractual and commercial issues referred to in our 31 January Trading Update are now agreed." " remaining contractual and commercial issues"..."are now agreed." What's left then? Makes me think even more it's a test to see how well wsg perform (ed) in the trails/3 months. Which may be shortened timewise.

There were delays at Muscat, not that it matters one little bit as we will never know for sure. It amuses me and helps me to while away the time. Anyone else having problems with LSE?

Yep, both posts are a bit ruff-ruff

Thanks guys, that explains why l can't find it, time l shall never get back. From your comments, the way l interpret them, l can still see the 3 months as being the internal process, that's if it is Muscat. l'm not selling any either...l wait.

Easy to see why WotD has gone down the plughole, which reminds me when is whatstheirname coming back from a cruise. -whatstheirname isn't the name, l can't remember it, the other mad one. Bannor, even your autocorrect has a dirty mind.

l've gone word blind, checked rns's can't find reference to the comment on possible wavering of 3 month...whatever it was. Any chance someone has the link or knows where to find and would post here? Thanks in advance. This internal process, l was wondering if it is the 3 months, and may start from either the opening of the airport or when the trails started.

https://www.asx.com.au/asxpdf/20180409/pdf/43t1l5rzp35zrl.pdf 0.084 09 Apr 2018 Daily -0.016 -16% Daily volume 136,448,304

Now the SP is more based on oil production, we will also be more prone to the vagaries of the price of oil.

Mine didn't, she left home a few years before l started having them. l must've been more annoying and aggravating, then l thought.