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They’ve heard my mortgage deal is up December and it would be nice if I could shave some capital.
When will any wot those filter into the SP? Project update please!!
This is one of the many reasons why this is so frustrating. No news yesterday with decent volumes going through - first time in a long time - Speculation of things to come, broker shifting the price up, potential bottom price, who knows.... Today nothing but a huge spread and no movement. I'm going to eat my lunch early as that is more exciting.
I’m a glass half full on this. I agree that they have little option. We’ve said it’s now or never before but surely this must be the time. Re getting the PR done and out there - isn’t this what we pay DGI for?!?! If they can’t promote own coal now then…..
Tbh I’d rather be sh*t or bust now. This is just dragging…… at least if they go pop it will stop me looking at the GCM ticker!
Didn’t this happen last time they needed a cash raise?? Took the price up to c. 13p over 2 days then raised via existing or new institutions? I hope this is different
Great to hear and hopefully they actually mean business in 2023. Called the Solar ventures last year so very pleased to see it start to materialise. Maybe the market might start to believe and catch on soon....
Interesting Dyani get 30% for doing the least amount of work - surely PowerChina can do this all by themselves:
o DYANI's roles and responsibilities shall include;
- Coordinate the interfaces with or interactions with all the relevant agencies in China,
- Assist to procure all the relevant documentation and related information as may be required from Chinese Government,
- Assist and facilitate Powerchina to raise debt finance.
Are the AGM’s actually worth going to?
All very well giving us the potential and positive signals from GOB however we still haven’t submitted the revised proposal. This is under Dyani recommendation on the timing. Surely got to be ASAP given funds last until June. Decent update and more detail but sp is static and 8 trades. Market not impressed as the submission in not even in. I’ll take their win - win scenario and supply the coal for other plants. Quicker and easier or just sell the whole thing to the GOB. It’s taking far to long to get any return out of this
Annual report is due in the couple of weeks. They may make a note re further update on gob discussions but not expecting anything significant
I hope we’ll have an update before too long. However I expect it will be within the annual report which historically has been end of nov through to Xmas. That would have to say a bit more….
100% right with the amount of articles we are seeing with Phulbari actually named. There is no smoke without fire. Surely we must get a sniff of an update soon (by soon I mean before Xmas).
The price needs to tick up before we get news to create a better platform to make the real rise. However, the volume is dead here. It gets a few decent days here and there but not enough to get us anywhere. I'm wouldn't be surprised if we hang around here 4-6p for a while. That is a big % swing but there is no change of me attempting to trade it.
Do you reckon the board think... FFS we are in the 4-5p territory again? I know I do!
it the price it is because the market says so. It can't be manipulated so easily and will such little volume. The price is 5p as that what the market is willing to pay for the risk. The market doesn't like lack of news. Sadly this is always the case with this share. Drip fed news and no follow up.
Also you know when it’s been a good run as there has been no negative posts / antagonists - they know things could potentially move northwards here too. A positive week and managed to hold the gains with no news. Fingers crossed for more of the same Monday.
I've seen my fair share of P&Ds on this share but when we do get some traction then there in generally an RNS lurking..... fingers crossed.
yep. spot on all of it there. lots of good indicators there.
been here too long now but feel this is the beginning of the end - either way! i can afford to lose my money through earnings so what will be will be.
I've been re reading RNS' and didn't think I buy any more but I have rightly or wrongly. Just cleared out the bottom drawer stuff and bought 64k shares. Last buy for me now.
I don’t think it would help the current price much but a positive step forward. Also could do with a solar company MOU but most important is NFC or another such like. Last rns that mentioned NFC was talks ongoing…….nothing mentioned for ages!
MOU expired - maybe this could be next RNS with extension. However since signed 31st Aug 2021 we’ve heard nothing about them!
Tue, 31st Aug 2021 16:59
RNS Number : 2811K
GCM Resources PLC
31 August 2021
31 August 2021
GCM Resources plc
("GCM" or the "Company")
MOU with Sion Corporation, Versatech Energy Innovation Ltd, and AC Biode Co Ltd