Member Info for redeyemines

Green energy is just a folly of the rich nations.-In reality, it just doesn't work, or at least, not affordable.

-Wind and Solar to power a whole Nation is a mammoth venture, and along the way, many will become extremely rich, but the country cannot afford the bill for these dreams, and so it comes back to basics.

-Use what you've got---------------dig your own coal.

Not sure ud be happy with an army coup, but anything is better than this slimey weasel.

And that huge price given for the coal undoubtedly benefits somebody..

. This explains why the mine was set up in such a rush all those years ago.

. Pushed through at break neck speed without any of the scrutiny that phulbari has been subject to over the years...

.. Giving the GL to phulbari would make Bara redundant, and be top somebody's gravy train.

Looks like we have found a level for now and the volumes have just picked up

Thanks for all your posts and thoughts Digit

Was watching closely yesterday as the mm tried desperately to get them down to 150.

..All the buys (mine included @157) were reported as sales, as they tried to keep a lid on things.

.. 150 is an obvious level, and they must have plenty of buy orders on the book at that level... But, as you can see from today's action, some are biting the bullet, and paying up... So maybe we have reached the bottom.

...... Let's see.

I couldn't agree more Digi, there are other options open to the co to raise funds, without coming to the mkt.

-I've said, many times, that at these sorts of levels, its a great opportunity to get the GOB directly involved, by taking something like a 30% stake (maybe via Petrobangla).

--If that is not on the cards, ---and given the views of this interim gov,---that may be unpalatable at this stage, then maybe we could see Power China also taking that sort of %.

-Either way I think people who are selling now, hoping to buy back in on any "rock bottom" placing, are going to caught out and left high and dry, when something other than a "raise" hits the mkt.

---Something is definitely brewing.

They are all related to the share buy back in Barclays bank......... Nothing to do with GCM

---There just doesn't seem to be an end to this corruption------and I still remember Richie Sunak singing Hasina's praises (just saying).

--

----"Tulip Siddiq, who as the Treasury's Economic Secretary is responsible for tackling corruption in UK financial markets, is alleged to have brokered a deal with Russia in 2013 for a new nuclear power plant in Bangladesh that saw £1bn siphoned off into private hands.

The allegation is part of a wider investigation by Bangladesh's Anti-Corruption Commission (ACC) into Siddiq's aunt Sheikh Hasina,"

"The delegation is trying to understand the government policy on subsidies and the roadmap for phasing out grants in the national budget."

..

... Hope they do, because nobody else can understand this policy..... Maybe the IMF will wake up to the fact that all thier loans to Bangla are being syphoned off.

GETJD ---sorry if your friend has had a bad time, but I think that goes for all creditors and us LTSH alike.

-I have held the faith (couldn't do anything else while the SP is suspended), and am confident that this whole saga is about to come to an end and the problems (and creditors) will unwind one after the other.

--I can only go by what has been said in the RNS, that things are taking place which will resolve all issues and outstanding debts, starting with the loan Guarantee, --------and as we have heard nothing to the contrary, i believe this is still very much the case.----so we wait.

-

--You may be genuine in what you say (who knows on a BB), but your timing is at best "unfortunate", as you are being viewed under the likes of Afa, Call, and Black Swan, all of which have either an axe to grind or an agenda.

-Anyone can form a bad outlook by the course of recent events, -but -you can also paint a much rosier outlook as well, and I think you may well have spotted this for yourself, as your last post describes.

-----" Another positive that I have seen so far, is that all the litigation in the courts in UK and Malta and other jurisdictions, has been heard and then re-hearings delayed to next year, to me, that sounds like evidence has been produced that there is a working plan to recover the situation,"

-

-Be patient and keep some faith.

"Power China will step in"

......... Yup.............

Let me but in here and hopefully put this back and forth posting to bed.

... Go and read the last RNS.... Its all there... A whole list of things that need to be done, and then a clear path forward.

.... Now we wait.... It maybe longer than you want, but you are not running the company..... And no, neither am I....

... Idle guess work and "ya but, what iff* is just so pointless.

.... Let's wait for the next RNS, and then we can discuss further.

Is it me, or is he all smoke and mirrors... He hints at elections and then mutters (after reforms)... After all the reports are in, reforms on the scale he will be talking about could take years of wrangling to sort out.... He's just stalling for time, and hoping to get his ideas into motion and committed policy before any election can stop them.

That has got to make him squirm-----, nobody outside of his head, has the same dream about oceans of free green gas, just waiting to be drilled.

-So that's one "quick miracle " that has now been put back in its box, or at least returned to the back burner.

- All those huge multinational companies know the truth about gas---TIME. --and none of them are going to rush headlong into multi billion $ ventures, just because "Yunus says" it will all work out.------- The ground work has not been done to warrant any immediate drilling, seismic-interpretation, evaluating, costing and logistics all take time---years and years----and then there is the "COS" ---many a "certainty" has disappeared into a duster, as many who have invested in AIMS stocks over the years, have learned the hard way.

-

-Now he will have to resort to beating the SOLAR (and wind) drum again---but that too has fallen on deaf ears at COP this year, and he only has one option left after that.

-

-Stop importing and use your own coal.

Afternoon Bluerill, been a bit of a time, so good to know you are alive and well----and that goes for all the other LTH who are just staying silent and waiting for news-------

-There has been little point in posting, as the path forward was spelt out in the last RNS, and its just a case of waiting and letting events develop,---but like you, I am expecting some good news and a healthy rise in the SP , once all is revealed.

Don't understand those that have continued to post negative stuff, especially as many have declared that they are not even shareholders----but its a free world.

---Maybe we will get a Christmas present---who knows.

A cuckoo giv indeed Digi....... How much involvement did he have in inciting the student protests that led to Hasina fleeing..

. . Only the looming financial calamity will force him to run for the hills

UK Gov issue travel alert to Bangladesh over possible terror attacks.

-

--https://www.daily-sun.com/post/780359-----stating

I have asked LSE why they removed it, but so far have not had an answer.

The UK has issued a travel warning in Bangla due to possible terror attacks.

-

-Things are falling apart fast.----The quicker Yunus goes the better.

-

-https://www.daily-sun.com/post/780359