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Slight drop back while some take their 10% but level 2 still looking strong at 4 V 1 so won't take a lot to be on our way again ;)

Totally agree Pappi.... and what better time to announce the green light than in her up and coming "Game Changing" visit to China in the first two weeks or July 😉

Envoy: PM Hasina's China visit will be a game-changer

https://www.dhakatribune.com/bangladesh/foreign-affairs/348219/envoy-pm-hasina-s-china-visit-will-be-a

Finally 6.25 gives way, and level 2 still looking strong ....

I am staring to feel dizzy hahahaha

Level 2 looking good 2 V 1 MM now ;)

Famous last words lol, but being up around 12% on 2.2 million traded...... I'd say this definitely has a better feel to it, and we are being let to rise naturally without the control that we have had recently.

So I am guessing that the orders have been filled for the moment ….

Hes has stepped back to 6.50 mate and is also on the offer at 5.75

Adamk87, excellent post at 1.39am mate with some really usful links ...

This looks a lot better today, and seems like we may well of finally been let free, with 2 x MM's already stepping back to 6.50p and taking less volume to get the tick up....

mankiniparty, thats a really interesting point if correct mate

Interesting article …. Obviously Phulbari coal would be ideal for here as well

https://www.daily-sun.com/post/753055

Gudge, may be someone with influence has thought, hang on a second, you can’t go and sign a long term contract to import coal, because we are now going to start to dig up our own.. 🤷‍♂️🧐

This is really interesting….

An international consortium participating in the tender process lodged a complaint with the Prime Minister’s Office (PMO) on 6 June

The Implementation Monitoring and Evaluation Division (IMED) of the Planning Ministry has directed the Coal Power Generation Company Bangladesh Ltd (CPGCBL) not to issue any notification of award in the tender process for coal supply for the Matarbari Coal-fired Power Plant.

It made the directives in a letter sent to the state-owned coal management company, which is implementing the project, on Tuesday.

https://www.daily-sun.com/post/753047

Https://www.observerbd.com/news.php?id=476828

Many power plants remained shut down because of gas and coal shortages, according to the daily generation report of the Power Grid Company of Bangladesh. The energy crisis is owed to the dollar crisis.

https://www.newagebd.net/post/country/237621/heat-power-cuts-likely-to-ruin-eid-holiday-

Yep, as you say Pappi, they really are deeply entwined and it’s obviously a real positive that Hasina mentioned Power China in parliament and shows that she is working closely together on other projects other than Phulbari with them, so you would like to think it’s a given that behind closed doors, she has also been discussing Phulbari with them. :)

Interesting, I’m guessing that’s been worked over a few days, and is the reason the SP has been held…

Hopefully all done now and we can move on again

Ripley94, good luck with trying to get your 5p buy hahhahaha

I tried a dummy sell this afternoon, for well over twice the amount of shares that Recalibrate88 tried for, and for the first time EVER they would of taken the lot off me for just over 5p .. I stepped up the amounts I tried because I could not believe that I was being offered a price, but then bottled trying for a higher amount and s**t myself if I am honest just in case I pushed the sell button in error hahahaha…. I will say though, that’s the first time that I have EVER been offered a price on that amount of shares without it going into NT...

There are could be several reasons for this ..........

• The MM’s are taking stock to sell back to us on the next bit of news or rise, much as they did last Thursday

• There is a buyer in the background who is building a position and happy to are to take any that we sell to them

• There is news on Phulbari and open pit mining very close..

Also Level 2 at the close we had 2 x 250K orders to buy at 5.10p

Who really knows what’s going on, but with all the above and the fact that we seem to be being held in such a tight range at the moment, along with the fact that there has been a lot more sells today than buys, it has confirmed to me that imo, we are very close to some sort of news being announced, either by GCM, Hasina, PowerChina, or the Bangladesh Press.…. take your pick if it’s going to be good or bad!!

You watch now I have said all that, we will drop to 4p tomorrow hahaha

Also as i mentioned last night it does fit in with previous GCM, news becuse, in the article is says ......

“Bangladesh stands as a prominent partner in China’s Belt and Road Initiative (BRI), with substantial investments and construction projects”

and as we know, going back to 2019 GCM RNS ...

"NFC and PowerChina shall endeavour to procure the auspices of the Government of the People's Republic of China to facilitate the Project under its One Road, One Belt Initiative;"

https://www.lse.co.uk/rns/GCM/mou-with-nfc-and-powerchina-acs7nu2wa9aizk5.html

Just a reminder of the visit to China in July ... Hopefully like last night, we will start to get more news flow on this in the coming days ;)

“China’s involvement in Bangladesh includes the implementation of 21 bridges and 27 power projects. With a focus on continued infrastructure development, the upcoming visit may see discussions on new projects and avenues for cooperation in critical sectors such as transportation and energy.”

https://ozarab.media/expectations-from-sheikh-hasinas-upcoming-china-visit/

Theres your delayed buy now showing .....

08:11:22 5.50 272,536 £14,989.48

China visit is the first or second week in July, but still to be confirmed…