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other posters have made the valid point t hat £750k is a decent chunk of money. There is no guarantee and this is the problem...its still hangs in the balance and ultimately in the laps of the GoB, specifically Hasina. Would you gamble £750k on something that is potentially 50/50?
If he takes them then its a massively positive sign but he already has exposure divested through Polo. I have no idea how cash rich the man is but its a gamble.
good find GP...although you spelt American's wrong :-)
i think we all know this is in the balance, it has been for the last 12 yrs. The presentation from November is confusing more than anything, i just wonder where that information came to publish.
It would be one of the biggest signals on Tang-ible progress (see what i did there). He has exposure through his polo holding but it shielded there. Any idea if he can delay the option date?
Tang doesn't hold GCM does he - he holds 7 million Polo? Surely he can find £750k down the back of the sofa?
Would be a great sign if he took them up.
ok, my misunderstanding. Does anyone know who is responsible for the document and who might of seen it. If its semi-official and the evidence is refutable then surely we would have heard comment from someone senior rebuffing?
dated November so clearly not nailed on? Sounds positive but if it was a done deal then we wouldn't be sat at 15p waiting on JV news?
Is it clear who is responsible for the document?
just filter...he lost allcredibility last night. Where are those cakes anyway?
Getting interesting? Decent rise in the morning...not sure about an RNS, what would it confirm?
your forgetting Polo and Dyani are happy to be further entrenched. They know more than you or I guaranteed. If this was going no where then there never would have been talk or JV or chinese involvement. Things are definately different now, you cannot deny that.
I'm more positive now than i was 2 yrs ago...i agree Hasina is still unlikely to approve but this maybe where the chinese pressure comes in. Talk of £1 is still possible on buyout, GCM will never see any of the coal. its the talk of £2, £3 or £5 that is long gone. All in my opinion.
fully prepared to be shot down by this but i wasn't expecting a placement RNS. I was in real hope of a JV tie in which would negate the need. Disappointing to be honest - that said i'll try and buy back with Smokey at 7p.
...the way forward is clear enough but with the GoB in charge and Hasina at the helm then there are always doubts over the seemingly obvious. Someone is still buying here over the past week and we haven't drifted down as expected. News can't be far off.
Searcher, good to hear from you again...JV news soon hopefully?
can't see an RNS today - steady rise to realistic value would be good by end of the week. Nice to touch highs 15p+ again.
Reduced holding by nearly 1%...there is now way it could have been an increase given the battering this has taken over the last week.
anybody else think someone is accumulating under the radar? Trying to keep the price from spiking...we know how quickly it can rise.
same early flurry as yesterday?
Evening all...of the same scenario plays out tomorrow then something’s afoot. I’m not grumbling, penny a day is fine with me...especially if it continues through summer!
Seriously though does anyone have any thoughts on the early movement over the last few days? Marc, et al? Thoughts?
me neither this morning
be interesting to see how the day pans out as yesterday we were up 30+% only to drop right back? Someone accumulating slowly? - it would be very slowly based on yesterdays volume.
The world is waking up so news on JV must be imminent you would have thought - most of the work was done well before lockdown if you believe the RNS.