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I can assure you that I have now had it confirmed from two different sources that it was Yunus speaking and that it was him that made this statement!!

Beyond that, you have to make your own minds up, but hopefully it won’t be too long now before we see it in the press again, which will take away all the doubt...

youknowitsright, i am still trying to work out if your ****ed because the share price is rising, and you wanted to buy more at a lower price, or you have a short open..... lol

either way..... one thing that we know is true is that yunus if he wants, can make the decision on giving the green light to the phulbari project, so that means no election is needed, so that’s one of your headers that can now be dropped as its irrelevant..... just saying ;)

and as we know yunus has also now said in a public forum, ...

"besides, i would like to request adopting appropriate measures to extract our own gas and coal resources."

so we also know that yunus has and can change his stance on mining own coal, for the good of bangladesh and its people....

just highlighting a couple of facts for you :)

Just becuse it is now pages back, here is the original article from yesterday......

" Besides, I would like to request adopting appropriate measures to extract our own gas and coal resources."

ENSURING UNINTERRUPTED ENERGY SUPPLY: There is no alternative to ensuring uninterrupted power and gas supply to keep production and services running in all industries. The economy of the country will remain active if all-important fuel imports are ensured. I would like to make an appeal to give preference to renewable energy and solar power generation over coal, gas and fuel oil based power plants. Besides, I would like to request adopting appropriate measures to extract our own gas and coal resources.

https://thefinancialexpress.com.bd/views/in-need-of-a-biz-friendly-environment

Morning all, so it looks like there are many different thoughts on the news from last night…… To be honest, I don’t really care about what happens today or tomorrow, what’s really important to me is the fact that Yunus has come out and said that he wants to use own coal….. This is something that many have been saying that he would never ever say!!!

Well it seems that he knows he has no choice, and now he has said so in a public forum, and is something that is only going to be shouted about more and more in the coming days and weeks….

I don’t even care about when the elections are, because again, we know its irrelevant knowing that Yunus can make the decision himself…..

Good luck whatever your choices ….

And on top of that as we already know Bara runs out of its underground coal in 2027 as well …

“However, reserves are dwindling at the Barapukuria Coal Mining Company Limited and it is most likely to be shut down by 2027, leaving many local workers like Afjal to fend for their livelihoods. “

https://www.tbsnews.net/features/panorama/bangladeshs-oldest-mine-runs-out-coal-its-miners-are-running-out-luck-657546?amp

GPBack, It’s obviously just pure coincidence that they have just arrived for a five day visit to Bangladesh 😉

OBOR delegation shows interest in Bangladesh’s energy sector, smart development projects

“The visiting high-profile delegation from the Global Confederaton of Belt and Road Economic Cooperation (OBOR) has shown interest to support Bangladesh in advancing its long-term goals for a prosperous and green future.”

https://thefinancialexpress.com.bd/trade/obor-delegation-shows-interest-in-bangladeshs-energy-sector-smart-development-projects

" Besides, I would like to request adopting appropriate measures to extract our own gas and coal resources."

ENSURING UNINTERRUPTED ENERGY SUPPLY: There is no alternative to ensuring uninterrupted power and gas supply to keep production and services running in all industries. The economy of the country will remain active if all-important fuel imports are ensured. I would like to make an appeal to give preference to renewable energy and solar power generation over coal, gas and fuel oil based power plants. Besides, I would like to request adopting appropriate measures to extract our own gas and coal resources.

https://thefinancialexpress.com.bd/views/in-need-of-a-biz-friendly-environment

YouKnowItsRight, hahahha, you are quite funny with your deramping sometimes,.... So you don't think that mining Phulbari is a greener option than importing all the low grade coal that they do at the moment lol....

I personally believe that the OBOR delegation shows interest in Bangladesh’s energy sector and visiting Bangladesh is very important and good news for GCM and Phulbari

OBOR delegation shows interest in Bangladesh’s energy sector, smart development projects

“The visiting high-profile delegation from the Global Confederaton of Belt and Road Economic Cooperation (OBOR) has shown interest to support Bangladesh in advancing its long-term goals for a prosperous and green future.”

https://thefinancialexpress.com.bd/trade/obor-delegation-shows-interest-in-bangladeshs-energy-sector-smart-development-projects

The OBOR (One Belt One Road) initiative are visiting Bangladesh and surely with China’s interest in Bangladesh's energy sector, the "OBOR delegation would have to include a discussion focusing on local resources like the Phulbari coal mine!!

Obviously if the OBOR delegation is seriously interested in promoting "greener" options within Bangladesh’s energy strategy, they have to consider local coal mining, such as Phulbari, as an alternative to coal imports.

More positives …. Interesting read …

Proper scrutiny of projects a must

https://today.thefinancialexpress.com.bd/first-page/three-dozen-renewable-energy-projects-await-govt-approval-1727028365?amp=true

Maybe they only doing a 3 year contract because they know / assume Phulbari coal will be available by then 🤔 🤷‍♂️

😳😳😳

During the Awami League regime, there had been a case of corruption and irregularities worth about $154 million in this power plant.

Project officials alleged that a nexus of the top brass at CPGCBL has planned to embezzle Tk50 billion in the name of importing coal for the power plant in three years.

https://www.daily-sun.com/post/768310

CPD for phasing out quick rental power plants by 2025

The CPD further called upon the government to devise comprehensive plans spanning short, medium, and long-term periods to facilitate the transformation of the energy sector.

He emphasised that the government cannot abruptly shift its energy transition plan overnight.

He further remarked that the existing plan entails the operation of 10,000MW coal power plants for the next 20 years.

https://www.tbsnews.net/bangladesh/energy/all-al-want-end-capacity-payments-power-sector-cpd-792922?amp

From today ..

3.18 - 275,000 - £8,745

Morning mankiniparty I have not done so for a while, but I just took a look on the ADVFN board…. And then remembered why I never bother looking over there anymore … whatever have you done to it lol, the poster chrisronaldo has lost the plot… I think needs help and some medication …. Just as well he likes his own company hahhaha

Of course mate, I’ll just pay for the subscription, and give you the info, while your sunning yourself in the Maldives 😂😂😂😂😂

Sweet, nice to see us breaking away from the 3p wall that has held us back for a while now

buying at 3.28 with another tick up.......

W2NCY, take a look at the posts on the 15th, there are a load of posts on SP predictions from a few posters …

Hope that helps

W2NCY, GCM have stated that first coal could be within two years...

Be interesting to see who of those holding today will still holding when they actually dig their first coal out though … if we get the predicted share price on the green light, I am sure many will be sold and gone hahhaha