Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Didn't get the usual sell off at the close - looks like whoever was buying the 30m is/are still buying. Without any big drops from Axis this should really move upwards tomorrow. Its going to be an interesting close to the week, especially if more news snippets appear overnight.
Good find Searcher.
“We have to ensure maximum utilization of mineral resources for development of our country as today many countries became developed depending on mineral resources,”
Flying up now.
Wait till the good news update comes! :)
Mms need the shares now so moving the bid up.
The 30m overhang is clear.
Onwards and upwards from here.
Onwards and upwards!
Let the news flow!
And the newsflows start again!
Coincidence?
Onwards and upwards now! :)
Chowdhury has long been a vocal opponent to open pit mining. No doubt repeating the government's official stance. Is that stance changing?
I can understand why wise owl! Lol
Professional Liar's biggest lie today was - 'I am.here to make money. Simple. I do it by trading: simple'
Well his post history shows all of the shares he has promoted are all in the red. Whilst the 1 share he's spread negativity on is 800% up ytd! So it's hard to believe he makes money at all! Lol
Professional Liar - the turnover figures say the 30m shares have been flipped on. There is still strong buying each and every day. The main shareholders who are closest to the project haven't sold a single share, even when 10p was available.
What is your agenda posting negativity on here day after day? Is it just to annoy your MATD nemesis WOS?
The 30m shares, 10%, have been well flipped by now. All safely pocketed and waiting, just like us, for the next news. Polo, Dyani and DGi are all still holding the same amounts to 30%. Brearley & Sons are still holding 8%.
Even at 10p none of the above looked to trade or cash out.
That's about 50% of the shares all accounted for. If they're not selling then there is no problem. Everyone knows the position, China influence is growing, Powerchina are onboard and Bangladesh in the midst of massive power outages are desperate for the coal and have no credit lines left to buy it.
Can't be long to wait now.
You said ypu had an order for £100k @ 3p. Now you're saying 4p. You said this share was dogsh*t at 2p.
You've called it wrong every single time. Yet you still waste so much of your time on this bb posting rubbish that never happens. Why do you do that, waste so much of your time on here?
Jamessss he's probably using the same thought processes as yourself - the only thing different is that his are positive and yours are negative. But his 7p is much more realistic than your 3p! Lol
Is an absolute trading genius. Every single day he calls it right - the sp rises - he made money. The sp drops - he made money. The sp stays constant - he made money! Lol
It makes you wonder why he spends so much time on GCM pouring his negativity on the bb............
I think most from the 2p to 7p range would gladly accept as low as 50p. Even £1 share £273m would be getting GCM on the cheap.
But I don't see Tang selling out at any price. He's here for the end game with him front and centre of the whole operation. He's seeking the power industry status and is not selling out on the cheap.
Where's Repribate88 disappeared to? Sold up and moved on already? Lol :)
I previously called the 6p bid after the dilution and it went a little lower. By my calculations Axis have sold all the 30m now. Someone has bought all those 30m. Still no TR1 so there must be many buyers. 8m is the 3% reporting threshold. All the buyers have the same goal of reselling those shares at a later date at a massive profit, and presumably they've been given a nod and a wink.
If they want to buy more shares they will now have to drop into the market.
I've added another 250k at 6p this morning. A steal given the 2m fundraise rate was above this. If Axis have finished as I suspect, the buyers will force this price upwards from here.
'Also, as I have said recently, it was reported that he and some of his anti mob visited the area of Phulbari and were chased away by the villagers…..'
That is brilliant searcher. I've been away so I've missed a lot! Maybe that's how he lost his toes jumping on a moving train to escape the chasing mob. Karma..........
:)
The bit were Anu was threatening the phulbari uprising again was on the link below from 11 Mar 24.
https://businesspostbd.com/power-energy/govt-reviving-plans-despite-strong-opposition
The government is reviving plans to extract coal through open-pit mining............
https://businesspostbd.com/power-energy/govt-reviving-plans-despite-strong-opposition
Searcher just last month Anu was agitating violence again.
'Former Jahangirnagar University professor Anu Muhammad told The Business Post that investing in coal-fired power plants was a ‘misguided’ choice. He cautioned that attempting to compensate for this error by extracting more coal would lead to further calamities.
He emphasised the sacrifices made by the people of Fulbari in 2006 and their readiness to do so again if required.'
I wonder what really happened to his toes? At least he's got other things to think about now and can leave the people of Phulbari to make their own decisions of what is best for them without Anu's mob pressuring them.
'Increasingly looking like we might get support from the population this time.'
Absolutely. And it's great news that the Marxist agitator Anu Muhammad is going to be laid up off his feet for a while. Without him there to whip up the rent a mob things should progress smoothly. There will be little resistance from locals so long as the landowners are taken care of financially. We know the local people are desperate for the investment and unfrastrucuture, and obviously a consistent coal supply will ensure the powers stations can run constantly providing unbroken power supply which will benefit the whole country massively.
Looking good and we should be hearing some news now that it looks like Axis have finished the share business.
Well didnt get to 6p but 6.25 was good enough. I think Redeyes is right and most of the shares have been offloaded now. I've just loaded up my new isa. I'm expecting a decent rise from here as the buyers now have to dip into the shares available on the open market.
Interesting still no TR1 been notified. 8m shares needed to force a TR1.
Watch and learn Repribate88! Lol