Member Info for Shouston

Can buy at 6p now, seems like MREX have taken up the mantel to offload the remainder of the placing.

With the bid at 5.8 may allow the remanence of the placing to be off-loaded below 6p.

Hope you are ready Mr Wookie!!

Lol....

Rachel said no increases in taxes 😉

Ho-hum I

MREX dropped their bid to 5.5, maybe the others will follow suit shortly and give more space for Peel to offload the remaining overhang.

Here's hoping lol..

Looks like PEEL are struggling to get the remaining overhang away...

I wonder if the other MMs will "create" space on the bid side for them to lower to 6p.....

Dry powder??

Mexican stand off....

I took the data from this site. It is not always 100% correct.

I did not consider the additional volume on the Aquis Stock Exchange.

Your figure is probably more accurate. Thanks for the correction

11th March 2025 we had our highest volume of 18m traded.

Today may get close to that peak volume as 7 million traded already

Fair amount of 250k and 500k transactions going through

NCT. You know very well that forward selling of a placing is very common practice.

If the company left it to the last minute (June) to do a raise then the demands of the funder would of been much higher.

I guess that they are being sold via PEEL as they have been hogging the Ask for the last few days.

I noticed this yesterday, but unfortunately did not take any avoiding action. Oh well win some lose some.

Best tactic IMHO now would be to buy some more at this price as the news flow should be strong and positive over the coming few weeks

Thanks. I hunted back it was a post from Didgit October 22nd.

(PDF) An analysis of the coal attributes of Bangladesh and their practical utilization https://share.google/sBNGoAGtVsJ8Ecz4q

Great article and explains why Phulbari is the obvious choice in a very unbiased scientific way.

Skip to the graphs and charts

Also recall an article posted here that gave deep insight to the geology of each coal field.

From memory, Phulbari has two thick seams 45mr and 60mtr thick at a shallow depth of 120mr from surface. All of the others were prohibitively deep for low cost OPM.

Anyone got a link to that presentation?

Yes, very exciting stuff!

Thanks for confirming Barapukuria and Phulbari are essentially the same area.

Cheers Danno and Pappi and Co...

I note on page 30

Coal Phase 1: Barapukuria stabilisation and mineral assessment

Phase 2: Dighipara and Jamalganj development

I did not see Phulbari mentioned in that document.

Here is CPD presentation with their views against the energy plan. But does reveal a bit more about what's IN THE PLAN...

Draft plan Looks good for own coal extraction!!

https://cpd.org.bd/resources/2026/01/Presentation_Interim-Governments-EPSMP.pdf

Great that snippets of the draft plan are coming out

"The draft proposes expanding coal-based power generation capacity from 6.8 gigawatts to 12.9 gigawatts and prioritises new LNG terminals alongside additional floating storage and regasification units."

"Moazzem also questioned the rationale behind planning for nearly 60,000 megawatts (MW) of electricity capacity, asking who would ultimately consume such a volume of power."

Chinese companies who move into Bangladesh to gain access to the western seaboard will devour this new capacity. Could also free themselves from the corrupt power contracts with India.

Great find GP !!

AI

Major political parties in Bangladesh are scheduled to release their manifestos throughout January 2026, leading up to the national election on February 12, 2026.

Key Manifesto Timelines

Bangladesh Nationalist Party (BNP): The party is currently finalizing its manifesto and plans to unveil it once the official campaign period begins on January 22, 2026. It will be based on their "31-point state reform agenda" and the "July National Charter".

Awami League (AL): Conflicting reports exist regarding the party's participation; while some reports mentioned a manifesto unveiling on January 13, 2026, other major sources indicate the party has been barred from contesting the 2026 election following the 2024 uprising.

National Citizen Party (NCP): Already published a preliminary "Manifesto of New Bangladesh" in August 2025 and a 24-point manifesto in December 2025, focusing on a new constitution and judicial reform.

New Political Platforms: A new democratic socialist platform is expected to be declared on Friday, January 16, 2026, which will develop its own manifesto over the coming months.

Election Roadmap 2026

According to the official schedule, manifesto releases and campaign activities are concentrated in the following window:

January 20, 2026: Deadline for withdrawal of nominations.

January 21, 2026: Allocation of symbols.

January 22, 2026: Official start of the campaign period (most parties traditionally release full manifestos at this stage).

February 10, 2026: End of the campaign period.

February 12, 2026: Election Day.

20 years asset been stranded...needed a change of government to unlock its potential.

February is not so far away.

;-)

Hopefully we can all get some reward for holding these..

GLA

We must remember that GCM / Asia Energy acquired this mammoth asset from the Global company BHP.

This asset has been stranded for the last 20 years, whilst the previous government led by the now exiled Hasina favoured corrupt Indian coal imports over using own coal resources. (Poor Hasina has been sentenced to death in her absence recently)

The interim gov will soon depart in February 12th and will be replaced (most likely) by the BNP party.

It was the BNP party who supported the development of Phulbari back in 2006.

Long time in coming, but coming it is ....

8.7p paid just now.