Member Info for YouKnowItsRight

You don't see anything ramping on the site - so what is the $15billion deal on the table and the 2000MW solar park the site mentions? Ramp or fact?

That is interesting CStallion - given that Digitless' account remained dormant for 5 years with not 1 single post on any share until mid 2024 and since has been totally dedicated to GCM. And as I recall it was Digitless that 'discovered' this website and posted it on here. Lol

The Phulbari.org website mentions a $15billion investment on the table. GPBack keeps mentioning this $15billion mining deal. Is it from GCM? Has it been notified by RNS? Where is this deal, any further evidence of it? If its not a GCM deal why is a rival deal being mentioned on a website supposedly owned and managed by GCM?

Re the 20000 solar park mentioned - did i read the 2000MW is the power generated over the lifespan of the mine, 25 years, to power the onsite electrics and electrical machinery/vehicles for the mine. So its not really a 2000mw solar park, more like 80MW. The website is very similar to 1 of Digitless' posts! Lol

GPBack - 'In summary: www.phulbari.org is directly managed and regularly updated by GCM Resources PLC'

Do you have any proof of this? Surely any updates have to be done by RNS?

Lol Showme no still holding just keeping it real! :)

I wouldn't be surprised if another fundraise has just been done, usually the GCM way after a major pump and dump, forward sold into the pump and then the dilution announcement a few days later.

Well it was nice while it lasted

2m sold in 2 hours

Hopefully might keep Digitless and his endless drivel quiet for a while

'The government is favouring open-pit coal mining, saying that it intends to start the discussion, making things easier for the next government,’ said Shamsul Alam, who also attended the government discussion.

The Hydrocarbon Unit completed the presentation, made by its director Arup Kumar Biswas, in 17 slides concluding that open-pit coal mining is the only feasible way for coal extraction in Phulbari.'

https://www.newagebd.net/post/country/259668/bangladesh-govt-weighs-open-pit-coal-mining

'Energy sector experts reiterated the need for urgent decision of the government for utilising domestic coal resources at a seminar held in Dhaka.'

https://www.google.com/amp/s/today.thefinancialexpress.com.bd/views-opinion/urgent-need-for-domestic-coal-development-1741704932%3famp=true

Started the day at 4.04p.

Huge move being made.

News coming or just someone building?

No stock available - every buy pushing upwards now.

GCM going on 1 of its famous rises? News coming? :)

Experts, stakeholders and business demand the coal is mined. Yunus won't do it. Will the BNP and China?

'Primary Energy Supply: A Major Concern

Experts, stakeholders, and the business community expected that the interim government, having no political agenda, would take the bold decision to mine the country’s discovered coal reserves. Technically and financially, domestic coal is the cheapest fuel option for Bangladesh. If mined using appropriate methods with due environmental and social safeguards, this could ensure sustainable energy security for at least 20 years. But the present government appears to lack the courage to take this decision.'

https://ep-bd.com/view/details/article/MTE3Mjg%3D/title?q=interim+govt%e2%80%99s+scorecard+in+energy+sector

All expected the coal mining decision but Yunus was never going to do it. This is why the elections are so important to get Yunus out of the way.

'Primary Energy Supply: A Major Concern

Experts, stakeholders, and the business community expected that the interim government, having no political agenda, would take the bold decision to mine the country’s discovered coal reserves. Technically and financially, domestic coal is the cheapest fuel option for Bangladesh. If mined using appropriate methods with due environmental and social safeguards, this could ensure sustainable energy security for at least 20 years. But the present government appears to lack the courage to take this decision.'

https://ep-bd.com/view/details/article/MTE3Mjg%3D/title?q=interim+govt%e2%80%99s+scorecard+in+energy+sector

Instead of reneging on deals and alienating Chinese investors just cut costs by using own coal.

'Renegotiating power sector tariffs a disaster for investors: Chinese Enterprises Association'

https://www.google.com/amp/s/www.tbsnews.net/bangladesh/energy/renegotiating-power-sector-tariffs-disaster-investors-chinese-enterprises%3famp

Rekib there are no coal-power stations in Phulbari. Unless of course 1 has already been approved.........

Solar is not good option for Bangladesh, too expensive, besides they are committed to coal power, they just need to find coal somewhere....... :)

'One of the most pressing concerns raised at the forum was the abrupt cancellation of 31 large-scale solar projects after the issuance of Letters of Intent (LoIs). These projects represented nearly 3,300 MW of planned capacity and an estimated foreign investment of around $6 billion. Chinese investors, who had already spent close to $300 million on land acquisition and project preparation, are now stuck with stranded assets. This sudden cancellation has severely dented investor confidence and sent negative signals to international financiers, Moazzem noted.'

https://www.daily-sun.com/post/811654

As well as Rebiki trying to disrupt the board with multiple posts of old irrelevant news somebody keep popping off sells at below the bid at 3.8p! Lol

Looks like somebody is worried and is trying to quell the excitement of the build up to the February elections! :)

Lol Rakibbengali posting old articles! :)))

Green agenda is good, but no matter what Bangladesh is committed to coal power for at least 25 years and thats where Phulbari will supply the coal and save their economy. A successful coal policy over the next 20 years will not only save their economy but will also clear their crushing debts and finance their green energy dreams. Win win win for all.

For those doubting the elections will be in February here's the video released of the Yunus/BNP meeting. All seems very cordial and respectful. Yunus is a survivor and he knows he has to keep favour with the BNP for his post election freedom around Bangladesh.

https://youtu.be/d9Xk9XevwAw?si=GsMHWbor21rtviDw

Did Gigi say his main holding is in MATD? Lol lol

Imagine being an 'expert' on a dead donkey like MATD and then coming onto the share board of a company on the cusp of greatness talking about things you clearly know nothing about! :)))))