Member Info for Shouston

Post of the month...

Bangladesh has an abundance of "cleaner coal assets" v shipping coal in on spurious contract terms.

Power China is OK to dig up the BHPhilton find and generate coal mouth reliable power.

New gov seem shy to exploit the obvious..

Listen to mother...

"Knocking on the door of 4p. I think once the 5p has gone this will drop like a stone as a lot of investors try to get out at break even."

Translates to:- I hope my constant negativity (in this news vacuum period) drives the price below 5p as it will scare a few weak hands and hopefully I can time the bottom well and start to be positive again..............ffs

It certainly is the Green Light!! But only for anything other than coal. Let's see if this second round of on/off shore contracts attract any international bidders.

New Language is designed to attract foreign investments, friendly provisions being offered...third party sales permitted...subject to the'till $upervisors' review...

Power China remain committed to develop 'this' gigantic resource that GCM is the custodian of. (And fully cashed via the double Tango)

GPback. It is of interest that potential 2.4% investor is based in China.

Bangladesh has to move one way or the other...his mother had the right ideas on energy...home made is always 👌

Finally some signs of life here. And even YKIR has changed tune....

Must be positive!!

Nice comparison Eazy.

17k v 370k barrels per month. What did WRC do differently?

Was MrT right in going horizontal...??

Pigeons are ready to deliver the papers from high altitude..

Nice positive thread title YouKnowItsRight...

😉 geopolitical discussions are in overdrive...

Interesting next stop .... who will Trump matters not...Power China is inexorably linked to GCM asset.

Green light at some point this year. Or they go back to the dark ages...

AI ??

Mankini. (For one that delights in exposing maximum skin you need to grow some thicker stuff. )

Sticks and stones and all 😆

The riot is about to start, or apparently already started, in the Phulbari bus stop.

What Digits/Christtheronaldo video did not show (not enough bandwidth at the shared ADFN bedsit) was the fleet of Chinese limousines the 'poor bloke' was remonstrating too.....

Decision time is "now"....

i guess historically these things were sorted out with a few "stuffed brown envelopes".

time to be positive ykir. enough of the **** taking now.

Was that featuring Chris Ronaldo?

Yes. Willy does not like drafts....

Has sentiment bottomed out???

Don't be shy. Post it up here.

Quote of the day 4me....

Interesting info in that link...

"China informed Bangladesh that it would no longer undertake projects involving high pollution and high energy consumption, such as coal mines and coal-fired power plants, in the country. "

Seems to go against the grain of what PC is wanting to do ?

Interesting read.

GCM Resources Reports FY2025 Loss as Phulbari Project Awaits Bangladesh Government Approval | Joshua Thompson https://share.google/oDYdbikJR7kefDc0q

Is that not what investing is all about, when your capital is at risk of falling 30% in a few days due to peeps (like YOU) on here dragging up negative sentiment items.

Tang/Polo loans/no decision from Bangla/ North and south Bakpura and not Phulbari....

Then take your money out and try to buy back in at a better level....Sentiment is also a trait you should watch out for.

Gone are the days where I hold religiously to a stock and hope my investment increases.

LOL "I called that it bottomed out at 5.4p" - translates to "I stopped trashing the share when I bought back in at 5.4"

This kind of common sense.

"Having PowerChina as our Development Partner will greatly assist with obtaining the necessary Government approval and demonstrating that the proposed Phulbari coal mine will provide a large reliable supply of affordable commercial energy that will reduce the Country's dependence on expensive imported energy products."

China does not give up easily' they want/need access to western seaboard.

The previous India leaning government has finally been rejected after 20 years of flagrant corruption. (The main till thief now holled up-in lap of luxury, at the behest of Indian government)

This huge asset again has potential to get GL. If they are ever to mine local coal Phulbari is the easiest to extract

North or South "Bak" for me, means large scale contract mining approval is on their 💋. No other coal field is as 'shovel ready' as the GCM asset.

Similarly no other has the backing of PC.

Here's something for the conspiracy theorists...

Both the Dyani Agreement and DGInfratec consulting contracts expired 31st December 2025....

Any news on Mr Shackleton's replacement....

I am waiting for common sense to prevail!!

Hello Doze, the fact that the two projects do not have a clear link, in no way undermines the value of the overburden stripping potential at Phulbari as you mention.

That overburden could be worth millions by itself providing free cash flow to develop the complete mine operation!!!