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I wonder how many days it will take for the market to realise that the placing stock is potentially done and finished now….

Https://www.tbsnews.net/bangladesh/energy/country-has-no-electricity-deficit-demand-nasrul-hamid-845616?amp

Now the country's power output capacity is more than the overall demand of electricity, however, the country so far could not generate power with its existing power generation capacity caused by Ukraine-Russia war and global fuel crisis", he said

Wow... thats some trade ..... is that the last of the placing stock gone.... I wonder ;)

KingClough, morning mate, looks like live we have had 2.9 million traded already with a drop of around 7% ....

Nice top up for some with buying back at 6.10 now ;)

Interesting article Pappi…. Nice to hear that Hasina is getting involved in the discussions!

KingClough, was that your order of the delayed 250K that's just shown up mate ;)

Livinhope, just my opinion, but i believe that all the trades that we are seeing at 6.50 are all buys and taking the placing stock, looking at level 2 its the same MM that has been sat on the offer taking most of the trades since the placing...

There are obviously different opinions on how much stock is left, and although I personally i don't think that there is much left now, others still think that there is a way to go, but one way or another we will find out soon enough, and we should know as soon as the MM steps back and lets the SP go, so I am just sitting back and relaxing now waiting to see when it happens .... :)

Looks like we have just come out of auction, and over the ask being paid ;)

"Despite the high-profile meetings, officials were tight-lipped about the discussions. "Right at this moment it's really tough to comment on the issues discussed in the meeting," Rahman told UNB,"

NOW WHY WOULD THIS MEETING GO ON BEHIND CLOSED DOORS!!!!!

"The meetings centred around the pressing financial challenges in the country’s power and energy sectors, remained closed to the media"

https://www.tbsnews.net/bangladesh/energy/imf-delegation-holds-meetings-energy-officials-wants-know-govt-plan-settling-dues

Shagged, I obviously disagree with you and believe that it is very very close now … I don't believe that you can just take into consideration the after hour trades, if we did that, we would still be getting rid of the last placing stock lol ….. but rather than going over it all again, lets just agree to disagree mate… as you say we will soon know, because we will be let loose on very little buying…. Also, on Level 2 we will see the MM who I believe has been selling the stock, take a step back

From yesterday 😉

6.81 1,225,000 Unknown*. 83.42k

This article is obviously about all polices and projects that are either already being done, or have already been agreed to move forward over the next two years, so it got me thinking, especially after reading Pappi’s comments about the government starting back to work today, I wonder how much longer it will be before Nasrul Hamid and MP Hasina will be sitting down over a nice cup of tea to discuss, not only Phulbari but all the other mines that Nasrul has been hoping to bring into production over the coming years, I very much doubt that it will be straight away, but with the situation the country finds its self in at the moment, you would think that it won’t be that much longer ;)

Level 2 in auction, and does look to have some great support at 6.50, with only one MM at 6.75

I don't believe this is the latest document

Looks like the 2 x 250K trades were from yesterday and actually cancel each other out....

Yesterday we had over 4 million traded, but today it looks like we will be lucky to hit 400k 😂😂

techguru91 we could do with your 100k buy to start things off 😉

Mankiniparty, soooo funny…. He won’t be able to sleep tonight now 🤣🤣😂😂

Reasons to be positive ......

So, from February until today we have had £16.23 Million Pounds or 269 Million shares traded …. Which is more than I can ever remember for 3 months trading in all the years I’ve been invested… although if I’m wrong I’m sure I’ll be corrected..

We have had 60 odd million new shares added, through placings. All now near enough taken in the market!

A share price from 1p to today’s 7p (although we obviously know it has been a lot higher and was only bought back to this level due to the placing at 6.5 …

Nasrul Hamid (Energy Minister) saying he believes Phulbari and open pit mining as well as four other of the countries coal mines being dug up is the way forward!

No demonstrations on the streets!

More positive You Tube links in the last few months than I think I have ever seen in all the years I’ve been here!

The countries FX position is dire state

The countries constant power cuts, at the worst possible time of year due to the heat because of fuel shortage’s

All the positive RNS’s that we have had from the company, as well as a very positive AGM.

And the most important imvho is even with all this positive press, You Tube links, and the Energy Minister saying he’d like Phulbari and open pit mining to go ahead… We have not yet had one negative word from the most important person of all MP Hasina. This is something that I believe would of happened by now if she was not in agreement with all the above….

I know, I know I may be a bit premature (no sarcastic comments please hahaha) but it’s no wonder that we are all starting to feel a little bit excited/ positive that Phulbari after all these years, really will be given the green light sooner rather than later is it 🤷‍♂️😂😂

Thought i'd save wiseowl the job hahahaha

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