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Trust it to be duster to come up with that figure 🙄

I knew I should of kept you filtered 😂😂

PM likely to visit India June 21-22, China July 9-12

https://www.thedailystar.net/news/bangladesh/diplomacy/news/pm-likely-visit-india-june-21-22-china-july-9-12-3626286?amp

After reading GPback’s post, and looking what Adani have just ordered to be built, (see link below) this is only about 700 miles (20/25 hours cargo train journey) from Phulbari and knowing that India imports for coal in April increased around 13% (26MT). It got me thinking.

What if a plan was being hatched for some of the costal plants in Bangladesh to still continue to import cheap non quality coal from places like Indonesia etc and then Bangladesh export some of their quality thermal coal from Phulbari for a much higher price to India. Obviously Phulbari would still continue to supply some of the Bangla coal plants, as well as a Phulbari coal plant, but with the above plan it could also be a massive help to resolving the counties financial situation and in turn also help in some way to revolving the 1 billion dollar plus debt I believe that is now owed to Adani…

https://www.power-technology.com/news/bhel-adani-power-india/

The first of the two orders is for the 2x800MW Raipur supercritical thermal power plant in Chhattisgarh, awarded by Adani Power Limited.

The second order, from MTEUPPL, a subsidiary of Adani Power, is for the 2×800 MW Mirzapur supercritical thermal power plant in the state of Uttar Pradesh.

Well you could understand why India would want to be involved if they could with their imports of coal rising, especially with the quality of the coal that Phulbari has to offer 🤔

India's coal import rises 13% to 26 MT in April: mjunction

https://www.hindustantimes.com/business/indias-coal-import-rises-13-to-26-mt-in-april-mjunction-101718545967372-amp.html

Yep, remember doing that myself …

Positive2021, I have to say that you are quite clever with your constant negative subminimal messages about what stage GCM, PC and the GoB are at …. Anyone would think that you had a hidden agenda 😉

Interesting .....

Tug of war over Matarbari port

https://en.barta24.com/details/business-en/221684/tug-of-war-over-matarbari-port

I know that I will be ripped apart by some for posting this or even intermating it as an idea, but taking in to consideration the Eid ul-Adha holiday, I wonder if there will also be a change to the trading in the coming week as well….

And another delayed 275k from today after close at 5.59 so I would think a buy

There have been that many trades now where some have been traded and then cancelled I have no idea if this one counts or not, but I see we have another 425k just turned up from yesterday

Simonhesays, can see that now that its showing on this site... thanks for confirming

So another 425K at 5.96p, so i am assuming its a buy has just popped up from yesterday ;)

Yep, I noticed that I had a lot of green on my screen this morning and from your post Gudge it’s the same culprits trying to convince everyone that it’s just normal trading for GCM…

I can’t be bothered to unfilter them to check, but for what it’s worth a couple of my observations and my opinions would be…

• NO – This is far from normal trading for GCM

• Never have we had the control over the share price as we have had recently. That’s not normal!

• In the last 4 ½ months of trading, we have had over 350 million shares traded, trust me that’s massive volume for GCM. Thats not normal!

• I would not mind betting that we have had more shares traded in the last five months than we have had in the last 5 years. That’s not normal!

So there is plenty going on here (that’s not normal), what and how the price is being manipulated and kept down in the way it has been, I have no idea, but I do personally believe that it is being controlled and it’s positive that it’s happening, because from all our research, we know the massive returns here on the announcement of the green light, and it means that there are those that are far more in the know than we are that want a piece of our cake, and are trying their upmost to fill their stomachs.

There are obviously loads of other reasons and viewpoints from professionals within the country, as well as statements from, Nasrul Hamid, (The Energy Minister), Power China and GCM that gives us optimism that Phulbari will finally be given the green light sooner rather than later now, so I am happy to let them play their games and wait for the fruitful returns that this will hopefully bring…

All imho of course 😊

GL whatever you decide

With this article, are they starting again to warm the people up to the idea of new Thermal Coal Green technology and what environment-friendly technology can do for the economic and growth of the country even if it is coal ...

Obviously using Phulbari thermal coal and the latest technology in the power plant would fit perfectly 😉

The Maitree Super Thermal Power Plant in Rampal of Bagerhat is silently playing a role in the economic growth by adding electricity to the national grid leveraging an environment-friendly technology.

The use of special technology to protect the environment to reduce the damage of coal-based projects or plants is called supercritical technology. Due to the use of this technology, the very small particles of coal have no chance to mix with the air. As a result, environmental pollution is greatly reduced.

The Maitree power plant has emerged as a ‘game changer’ in the economy of Bangladesh, according to economists.

Former Bangladesh Bank Governor Dr Atiur Rahman thinks the plant is contributing to industrialisation as the driving force of the country’s economy by constantly supplying electricity to the national grid.

https://www.daily-sun.com/post/753242

I know, I know, I am probably talking a load of BS as normal lol, but as all the trades and buys seem to be in the mornings do you think that it could be that the buying is coming from Aisa / China because their time is obviously well ahead of us?

In this day and age it’s probably a silly idea, but was just a thought

Wow!!

I thought that my computer had seized .... that was a 20 min auction.... i'd expect some delayed trades from that later

This is another long auction.... are we going to see another 700k trade hahhaha

355 MILLION shares traded since February……..

For GCM, that would be a huge turnover in a normal year, but in 4 ½ months that is quite simply a MASSIVE!!

That surely has to tell its own story…

Yes, yes I know that there will be those that are trading a proportion of their holding, but even so, that is still a massive turnover, and that in turn will obviously reduce the free flow. I know that it’s probably a coincidence, lol, but don’t you find it strange that we get this massive increase in volume, just as we get a billion dollar contract signed by Power China in March.

This project is a Multi-BILLION Dollar project, so if those in the background know that this has the potential of finally getting the green light, they will be doing everything in their power to build a significant holding, which is why imo we are having the price controlled so well…

Be interesting to hear other viewpoints?

Positive2021, totally agree with the fact that its being traded mate, but this is more than just normal trading volume and imo is being very well controlled

Thats obviously why we were in auction so long, so those buys could be worked ....