Member Info for TerryDactil

3.4 - 3.5 as we speak

Theres a few on here stating its not news... wtf? They are either mad/stupid/combination of both... Never before have we heard Yunus saying the word 'Coal' let alone saying we need to start to using more of the countries own coal!! this is a huge step forward. And to think this was 10p a few months back when when hasina was in lol. What a bargain.

Oh dear 😅 Newbof sold out too!! 😝

YKIR desperately wants this sp to stay low. 🤣

Ooops sold out did you Ykir?

Looks like the presentation did the trick.... below from our recent RNS 8th Aug

"Meanwhile, as also reported in the media over the past months, it is confirmed that the Bangladesh Power and Energy Ministry has prepared a presentation promoting the immediate development of the country's domestic coal deposits (including Phulbari). It continues to be reported that Bangladesh must develop its own energy resources to off-set expensive imported energy products with their inherent supply and cost risks. "

Wow!! This is gonna fly tomoz

I think the realisation is sinking in that Hasina was blocking phulbari for all these years and now the GoB need to make pragmatic decisions to save their country ... looks like this is well and truly game on!

Good find searcher. I don’t remember the last time phulbari was even mentioned in the press.

...and minerals :) those all important minerals

Looks like usual trading pattern has resumed - a bunch of buys in round numbers 50k, 75k, 100k, 125k, 250k etc.. which always seems to stop in the afternoon. whomever it is (asia based i reckon) is not phased by recent events, quite the opposite. could be multiple parties but the pattern is significant and bodes well for gcm that it continues now

"Youth and coal mining support don’t usually go hand in hand, politically speaking" have you got evidence of this?

Would help if i could spell it lol :)

One word stood out most when reading the RNS this monring; ... "immeidate"...

"the immediate development of the country's domestic coal deposits (including Phulbari)."

IMO this will happen quickly when new government formed... they will need to act quickly on a lot of issues to get the country back on track... this green light might come quicker than some expect.

"Meanwhile, as also reported in the media over the past months, it is confirmed that the Bangladesh Power and Energy Ministry has prepared a presentation promoting the immediate development of the country's domestic coal deposits (including Phulbari). It continues to be reported that Bangladesh must develop its own energy resources to off-set expensive imported energy products with their inherent supply and cost risks."

My point is there has been no mass exodus since events unraveled. Pretty stable really

Bid actually moved up all day, 3.3 to sell now. i know its nothing in the grand scheme but puts the derampers argument to bed. this is not going to 2p or it would have by now.. . so that clown who claimed to be shorting it can shut the f u

Highly unlikely. They will just be restoring order and calm and arranging for election of new government. Any big decisions such as Phulbari coal project will be taken by the new elected government in my opinion

Https://www.reuters.com/world/asia-pacific/bangladesh-students-expect-interim-government-members-be-finalised-wednesday-2024-08-07/

Totally agree Bangla - lets just hope the interim government or new elected government has the minerals (pardon the pun.. lol) to get phulbari off the starting blocks.

If it is indeed china behind this im going to bet its in the bag.

Clearly very comfortable bed fellows.

if they have planned this so meticulously they aren’t going to **** it up at the last hurdle and anyone else into power. looking likely a pro phulbari government to be getting formed very soon.