Member Info for YouKnowItsRight

More power cuts on the way. And Yunus wants to make Bangladesh a manufacturing hub? No company will invest knowing its factories will be shut down with no power. Renewables are not the answer. Cheap reliable energy will only be possible with digging their own coal.

https://www.google.com/amp/s/today.thefinancialexpress.com.bd/metro-news/summer-power-crisis-looms-with-renewables-struggling-to-catch-up-1742407440%3famp=true

Chinese philosopher Lao Tzu once said 'give a man a fish and you feed him for a day. Teach him how to fish and you feed him for a lifetime'

When Yunus has his begging bowl out in China for more loans he will be told a loan to import coal will last only months but with a loan for Powerchina to build the mine the coal supply will last a lifetime! :)

Khaleda Zia and Presidenr Xi go way back. Khaleda's BNP approved the mine. Xi's Powerchina is waiting patiently to develop the mine. Once the BNP are back in power mine approval will be a formality to superboost the Bangla economy in many ways. Maybe Yunus can be persuaded to start the ball rolling for the BNP.

https://www.google.com/amp/s/www.dhakatribune.com/amp/bangladesh/politics/7370/bnp-xi-sends-message-by-meeting-khaleda-ignoring

Red carpet being rolled out for Yunus. Stroking Yunus' ego to ensure that the elections are held abd Chinan can do real business with the newly elected govt. There'll be no free money whilst Bangla is sat on mountains of black coal. China knows the value of coal. China and Xi have a long relationship with Khaleda and the BNP. The BNP approved the mine originally, only Hasina stopped it happening. Yunus may well be forced to let Powerchina develop the mine in as part of any deals/loans. If not it'll be to en0sure elections are held, and once the BNP are elected the mine approval will be a formality.

https://www.google.com/amp/s/www.wionews.com/videos/bangladeshs-chief-adviser-muhammad-yunus-to-visit-china-from-march-26-29-8869763/amp

Good find NCTrade, shows GCM is on the right track!

Well done! Lol

Mms not letting the day traders take big profits! Lol

Come on Searcher, it'll soon be a good buy back in for us all! :)

Can see a 2.5p close today as the day traders start to move on.

'The political situation in Bangladesh remains tense, with opposition party Bangladesh Nationalist Party (BNP) expressing doubts over the feasibility of holding national parliamentary elections in December. Senior BNP leaders have voiced concerns that a “conspiracy” is underway to delay the elections, allegedly orchestrated by factions within the interim government led by Muhammad Yunus.

The tension surrounding the election timeline has been compounded by accusations from BNP members, including Zainul Abedin Farroque, who has blamed the National Citizen Party (NCP) for deliberately creating chaos to postpone the national election.'

https://munsifdaily.com/bangladesh-election-commission-warns/

We've had a 150% rise and the company has not even commented. I would have thought that a rns would have been issued to boost the frenzy and arrange the fundraise at the higher sp.

It is fact that the company runs out of cash in July25.

It is fact that the company burns £125000 per month.

The earliest the election will be is December25.

So GCM needs a fundraise, and a substantial 1 at that.

Why wait? 2.95 to buy now. The day traders will soon be cashing in. What then?

Elections look likely for December25.

GCM cash runs out July25. So what will happen from here? Fundraise for sure but why not do now at 3p and reduce the dilution?

'Reiterating the government's plan to hold the next general election in December, Chief Adviser Prof Muhammad Yunus yesterday told police to act impartially and not give in to pressure from any group during the polls.'

https://www.thedailystar.net/news/bangladesh/news/be-impartial-during-polls-3850511

Can only small amounts. Mms going to force this down.

Does Tang want a low sp as the company is very silent. 1 good word from them and the sp would rocket and the fundraise could be done quickly with low dilution. Games are being played.

His Islamification of Bangladesh will not end well.

https://www.google.com/amp/s/www.telegraphindia.com/amp/world/bangladesh-situation-area-of-concern-says-us-intelligence-chief-tulsi-gabbard-prnt/cid/2089440

Bungla will never be a 'manufacturing hub' when it has no power for manufacturing to be set up. Coal = cheap reliable energy = attract foreign investors for manufacturing hubs to be established.

'“Bangladesh aspires to become a manufacturing hub and is keen to partner with China in this endeavor,” Alam said.'

https://www.arabnews.com/node/2593868/world

'You need to ask yourself why the mou with power China keeps needing to be extended.'

Powerchina like us are all just waiting. We all know it's not IF but WHEN it gets approved.

The 1.5p we were getting 2 weeks ago has well gone. No good looking back. It's all about what the end game could be here. £1 £2 £3 or even a lowball 25p would still be massive from this point :)

'How many times has the mou been extended with power china'

Every year.

They went 1 further even signed a whole new seperate $1bn mine deal last year.

You should ask yourself why would they do that?

'don’t forget even the locals are dead against that idea'

If that is your argument against GCM then it's an absolute failure- it's well documented that the locals are desperate for the financial compensation for their land and the jobs and investment that will follow. The local MP is screaming for approval also repeatedly asking WHY WHY WHY has this not been approved yet.

MMs desperate for stock - must be big orders in

Strap yourselves in for the afternoon fun! :)

MMs looking for stock!

Looks like it's going to be a busy afternoon :)