Member Info for Simonhesays

Well at least one thing is for sure... a decision is coming soon and the truth is it could go either way because there are some stubborn people involved in the decision making process. The speculators have lost interest for now so the SP is just drifting currently. As soon as there is some real news or even a leak of some news the share price will react dramatically. GL to all long term holders - it is deserved!

I think the biggest difference between then and now is that the GoB bet on gas and it hasn't worked out as well as they hoped. There is a gap to fill.

love the censorship. i wonder if they do the same with s****horpe?

Strong Sell. Hilarious 😝

We've run out of money.

Maybe you could buy some? 🤔

Https://www.thedailystar.net/business/bangladesh-national-budget-fy2024-25/news/energy-sector-overlooked-experts-3628801

They blame govt for focusing on imported solutions rather than own resources

In an instant reaction, they, citing the volatile fuel market, said the budget allocation predominantly focused on importing fuel to cover needs when sourcing primary energy like gas and coal from the domestic front was needed.

Everything is pointing in the right direction

China has a history of building huge floating solar parks on finished (flooded) coal mines. What better way to transition from coal to green energy than that? It funds itself.

Recent Share Trades for Gcm Resources Plc (GCM.GB.PL)

Date Time Trade Prc Volume Buy/Sell Bid Ask Value

06-Jun-24 11:10:26 6.10 11,319 Buy* 5.50 6.50 690.46 O

06-Jun-24 11:04:12 6.10 11,500 Buy* 5.50 6.50 701.50 O

06-Jun-24 11:03:40 6.145 26,218 Buy* 5.75 6.50 1,611 O

06-Jun-24 10:58:30 6.18 12,864 Buy* 5.75 6.00 795.00 O

06-Jun-24 10:56:49 6.00 8,250 Buy* 5.75 6.00 495.00 O

06-Jun-24 10:41:30 5.94 13,367 Buy* 5.50 6.00 794.00 O

06-Jun-24 10:40:41 5.94 14,000 Buy* 5.50 6.00 831.60 O

06-Jun-24 09:11:18 5.625 112,900 Unknown* 5.25 6.00 6,351 O

06-Jun-24 08:52:26 5.625 88,888 Unknown* 5.25 6.00 5,000 O

06-Jun-24 08:45:39 5.30 18,934 Sell* 5.25 6.00 1,004 O

06-Jun-24 08:38:48 5.57 35,906 Sell* 5.25 6.00 2,000 O

Over the weekend I read all of Searcher's posts since the low SP of just under a penny in November last year and they were both an education and also a great documentary of the journey we have been on these last months, so thank you from me also to Searcher and others who take the time to find and post interesting and relevant information here

Patience is a virtue.

Likeliest outcome based on all of the available information is that long term holders will be rewarded in the coming weeks. There are no guarantees of course, but the potential reward is worth the risk.

Very odd day. I'm guessing some more big buys will go through later....

AFTERNOON COMING UP

at 12.25

Great insight. Thank you

Things are hotting up in the coal world 🔥

Can't get a quote for a buy more than 5000 shares on IG...

I wouldn't want to be out over the weekend 😃

🤡

"A paid rumber" Hmmmm 🤔

Probably a typo... I think he meant humper 😝

It’s true that it’s a binary bet but it does seem like all the ducks are lining up in a row and it makes sense to exploit the Phulbari resource when you consider surface mines typically recover from 70% to 90% of the mineable resource, and from 2005 to 2023 at Barapukuria only around 14 million tonnes of coal have been extracted from the total mine reserve of around 400 million tonnes, which is only 3.41% of the total.

Unfortunately governments everywhere in the world are not big on common sense… they often like to be different for the sake of it. If there’s someone who can get it across the line I think Michael Tang is as good bet as anyone. 2024 is going to be a make or break year I believe. I’m in. GLA

… But an interesting read, and relevant now. Apologies if it’s been posted previously

https://www.tbsnews.net/bangladesh/energy/coal-mine-hardly-utilised-and-then-what-656878

That the Phulbari coal mine is part of the mix?

https://businesspostbd.com/power-energy/60b-in-power-energy-tech-needed-in-5yrs