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Wtf .... In all the years of trading i have never seen anything so strange as all these 1 share buys ....

Funding in place until mid-2026!

Here we go again…. This is my personal opinion, but as I have said previously we will not imo have a placing until Q1 2026 and by this time, I would expect the SP to be in a very different place to where it is today, here is a copy of my previous post and how I came to this conclusion….

In short – the answer that keeps being asked is we have cash imo until around July / August 2026

I have been doing some more detailed work on this because I am fed up of people trying to mislead the board so here’s a breakdown of GCM’s funding.

Obviously, this is my own opinion and am happy for anyone to give their own breakdown and opinion

• On 28th March 2025, GCM raised approximately £1 million (before expenses), or about £920,000 net, via a placing of shares at 3p

• At 31st December 2024, GCM reported cash and cash equivalents of around £900,000

• Earlier, as at June 2024, GCM held £1.658 million in cash, and management projected that, without additional funding, the company could only cover 7–8 months of operations (until July–August 2025)

From June to December 2024, Cash dropped from £1.658 million to £0.983 million, a decline of £675,000 over six months, averaging about £112,500 per month

• Starting from £900,000 (end-December 2024), plus £920,000 from the placing in March 2025, is £1.82 million.

• At £112,500 monthly burn, that supports 16 months of operation.

That projects into around July/August 2026, before the next financing round would be required.

Obviously as we get closer to the hopeful green light expenses may increase, so that timescale may change, although we do still have access to the rest of the Polo loan …..

Until we get the official green light, every single post is pure speculation, as it has been all the way up from 1p….

What your saying is that we may as well post nothing until we get an official RNS then 🤷‍♂️ 🙄

So what’s the point of having a discussion board!!

Just saying lol

Why would you have a joking post about a takeover removed???

This removal of posts is becoming a joke!!!

Actually, I can probably guess …..

GCM 😂😂😂

What was the topic of the post that got removed digit??

Thanks

Afternoon all, well what a strange days trading …. Did anyone come to a conclusion as to why there has been so many 1 share trades??

Never seen that before in that quantity….

Also did we find out why Pappi’s Part 2 post got removed ??

Maybe he hit the nail on the head and someone higher requested it to be deleted 🤔

With buying now at 6.35 the MM’s are going to have to move the bid up soon and reduce this crazy spread … 🤞

I did say that positive coal articles were being written more and more, and this one is no exception….

In this article they could not make coal sound any better than they have …….

https://www.daily-sun.com/post/826764

A distinct model among coal-based plants

While coal-based power plants remain a major contributor to Bangladesh's national grid, the Rampal Thermal Power Plant in Bagerhat is emerging as a distinct model in both design and technology. The 1,320-MW facility- jointly operated by Bangladesh and India- features several innovations that set it apart from the country's other coal-fired plants.

An integrated Flue Gas Desulfurisation (FGD) system with no bypass option makes Rampal unique, ensuring effective prevention of sulfur oxide emissions.

The plant also employs low-NOx emission technology, reducing nitrogen oxide levels. Through the FGD process, sulfur oxides are converted into gypsum, which, along with coal ash, is transported using an automated barge loader imported from the Netherlands. These byproducts are sold to cement factories through open tenders, preventing environmental pollution. In contrast, most other plants transport gypsum and ash in open trucks, causing environmental damage.

According to engineers who have inspected Rampal alongside other coal-fired plants, Rampal’s FGD technology is fully integrated with the boiler and cannot be bypassed. At other plants, operations can continue through a bypass if the FGD system fails. But at Rampal, any attempt to bypass would require shutting down the boiler entirely, halting power generation. This makes Rampal fundamentally different from its counterparts.

Obviously I’m sure one of the projects that will be have been discussed is the that China will be financing and building a 1000-bed hospital in Rangpur as a gift for Bangladesh…

You don’t give that sort of gift for nothing!!!

You never know, it has been discussed many times now, but maybe Phulbari will also be announced before Yunus leaves in February…..

After all the rest of a mess he has made while in power, that decision could totally turn things around, and in years to come, he would be seen as a hero who really made a difference… 🤷‍♂️

I’m certainly not discounting that possibility!

I wonder what these other projects could be that they were reviewing 🤔

China to send technical team for Teesta project implementation

The meeting also reviewed updates on the outcomes of Chief Adviser Professor Muhammad Yunus’s recent visit to China, including cooperation on hospital construction and other development projects funded by Beijing.

https://www.daily-sun.com/post/826631

Nice …..

Construction is targeted to begin in 2026 and finish by 2029.

China to send technical team for Teesta project

https://viewsbangladesh.com/china-to-send-technical-team-for-teesta-project/

Bangladesh has formally sought Chinese assistance to implement the Teesta master plan, requesting a loan of about $550 million. China has responded positively, with its ambassador in Dhaka, Yao Wen, confirming Beijing’s interest in the project.

The Chinese envoy expressed the commitment during an hour-long meeting with Foreign Secretary Asad Alam Siam at the Ministry of Foreign Affairs on Monday (September 15).

"A team of Chinese technical experts will visit Bangladesh by the end of this year to assess the project’s feasibility," he said.

Following Chief Adviser Professor Dr. Muhammad Yunus’s visit to Beijing, discussions on the Teesta initiative gained momentum. The Economic Relations Division (ERD) formally submitted a loan request through the Chinese embassy in July, based on a proposal from the Ministry of Water Resources.

The first phase of the project is estimated to cost $750 million, of which $550 million is expected from Chinese financing and the remaining from the Bangladesh government.

Construction is targeted to begin in 2026 and finish by 2029.

India had earlier expressed interest in investing in the Teesta project, with then–Foreign Secretary Vinay Koirala visiting Dhaka in 2024. However, the current interim government is moving forward with China.

Officials at the Ministry of Foreign Affairs said the Teesta project holds both economic and strategic significance. Since the river originates in China, which has already built dams on the Teesta and other nearby rivers, Beijing’s involvement could open broader discussions on water flow management.

Ambassador Yao Wen assured that while China is keen to support the project, Bangladesh will retain full authority in determining its implementation framework.

So it looks like the MM’s tried to take us down today, but ran into buys so had to up the offer again lol

Best you go the other way chaps and up the bid 😉

Exhibition in Dhaka sees participants hail gains from the China-led BRI

Sobur Hossain, additional secretary, power division, at Bangladesh's Ministry of Power, Energy & Mineral Resources, said, "I would like to urge Chinese businessmen to come and get the opportunity to invest in Bangladesh, especially in the energy sector."

https://www.chinadaily.com.cn/a/202509/15/WS68c8132ba3108622abca0e1c.html

I would disagree digit, I think the way you put your points across and the research you do is excellent and is very much appreciated mate 👍

I knew I should of made the post shorter lol ... Soz

Who would have thought that the areas around coal plants could flourish and expand so well lol, in short, my conclusion is, that we are closer than we have ever been before, even if the SP does not show that just yet.

Not much longer to go now 🤞 GL all

Just to add, I have to say that I am also very confident that GCM after a very long time, and imo after the many hurdles it has had to face, is in its final stage before the green light is finally given and the project comes to fruition.

As we draw closer to December, when the new Energy Master Plan will be announced, knowing that Fouzul Kabir Khan, has already stipulated that using own coal resources will be a recommendation within the plan, and then into February when a new government will be elected, also knowing that all the three main parties have already stated in their manifestos that the countries own mineral / coal should be used for energy, it does feel now that it’s only a matter of time and our long awaited rewards are not far away.

Even if you look back at just the last couple of weeks, coal has been mentioned in a positive light more than ever, but I think most of the time we just skim over it, without really taking in the importance of some of the articles and the message that they are giving.

Apart from the weekends, we had the articles highlighting about “Coal Shortage” and the maintenance of the power plants, I’m assuming this is due to bad quality coal being imported, but also saying

“One clear issue is overreliance on imported coal and the limited flexibility of logistics during adverse weather. Rampal plant requires 12,000 tonnes of coal daily to run at full capacity, yet rough seas have stalled unloading operations.

https://www.observerbd.com/news/543692

And this -

The E & P YouTube link, where most of the story was dedicated to gas, (which was not a surprise, because the interview was about the country’s gas shortage), saying at the end of the interview, (Obviously the translation is a little lost)

“ I have already said that immediately you have to increase imports, whether it is LNG or generating your electricity with coal or whatever, or importing electricity, you have to do these places from domestic sources IMMEDIATELY”

Then -

Locals laud plan of developing Moheshkhali-Matarbari as seaport-oriented township

“Speaking at the meeting, Prof Yunus said a new city will emerge in Moheshkhali-Matarbari coastlines, the scene of the ongoing deep seaport, as part of Bangladesh’s vision for a blue economy.”

https://www.bssnews.net/others/309781

Who would have ever thought that Yunus would be saying this and expanding the coal power plants right beside a conservation area!

Rampal power plant sets new production record

https://www.tbsnews.net/bangladesh/energy/rampal-power-plant-sets-new-production-record-1227081?amp

Rampal plant feeds national grid with 10.5 billion units

https://www.daily-sun.com/post/822119

I could add more, but I think you get the idea

Who would have thought that the areas around coal plants could flourish and expand so well lol, in short, my conclusion is, that we are closer than we have ever been before, even if the SP does not show that ju

From many articles we’ve had over the last few weeks, over and over again they’ve stated about coal usage and it looks like it’s widely being excepted that coal is here to stay for many years to come!!!!

Bangladesh’s low-compliance export industry faces enormous challenges

In the 15 years from 2009, Bangladesh's energy investments and policies targeted a development almost entirely relying on fossil fuels - mainly gas, coal, and oil. Bangladesh is at the moment locked into large-scale fossil fuel use for at least the next two decades.

https://www.observerbd.com/news/543758#:~:text=Bangladesh%20is%20at%20the%20moment,regime%20blocking%20renewable%20energy%20expansion.

Some excellent posts and articles today digit….

Thanks 👏👏👏