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Totally agree mate.
At this point, everyone who needs to know already knows.
Deals are agreed in principle (without a reportable commitment) a long time before the final agreement is signed or the bill is published or a statement publicly announce by Hasina.
GL Soon™
Took the opportunity to add to the pile today.
This news flow is incredible. It might not happen this time around, but everything sure is pointing in that direction.
I saw last night people talking about how long they had been here - it's been a very long time! When did GCM hit £3? 14 years ago? Haha!
No worries, I didn't comment when I saw it the first time, because the logic is sound. There is a dedicate and consistant buyer that is going to push us up really quickly once they have finished/news drops.
Appreciate the work finding the trades and sharing it
GLA
You don't typically seek approval from the top of the chain without it being a rubber stamping process.
I remember when GCM couldn't even get into the conversation. Now the proposal is being put to the PM for approval?
Wow.
Personally I think approval will be broken by a politician before it is officially broken by GCM. That is the general way that high impact social political decisions are made.
1: tell the press
2: Gauge reaction and confirm if the policy stands up to scrutiny
3: make policy official
I believe that we are now truly in step 1
Morning all!
Cannot believe we have an article ticking all of the boxes and we are still sub 10p. Crazy.
I remember when we were 300p just off articles saying maybe they might think about maybe looking at coal.
It really really feels soon now.
GLA
Small top up and average down for me. The drop feels over done based on not much other than uncertainty
https://www.reuters.com/world/india/no-bids-over-70-indian-coal-mines-up-auction-2021-07-09/
I'm not sure what this means for GCM, but it looks to be a reflection of the trend away from fossil fuel.
I really have no idea what is going on here with GCM. Its beyond comprehension that the MOU hasn't translated into an agreement or a parting of the ways after all this time.