Member Info for YouKnowItsRight

'And we are reaching out to international organizations ― World Bank, IMF, Asian Development Bank ― to see how to finance the liquidity gap, so that we don't fall short of paying our dues, so that everybody is happy with that. They can supply more. Because we need lots of petroleum products, gas, oil to run our power plants and everything. So this one, we want to make sure that they continue and they will continue because they get paid. Otherwise they will not pay us. They will not supply us. So we want to make sure that continues smoothly and so on. So while we are trying to address the fundamental issues, at the same time, we have to do the day to day business running without any interruption.'

'There's a desire from the people, including the students, for a free, fair, transparent and inclusive election. Do you think it will be possible to hold an election within the next one and a half years?

We have not specified any time yet. We are simply given the task. The first task is to bring law and order, and this month we have announced six commissions to bring reforms. What kind of reforms that would be ― to elaborate that. So we have commissions sitting and doing intensive work to elaborate what actions needed to be taken in the coming months. So we gave them three months. We are hoping, by the end of this year, by December 31st, they can submit the reports of six commissions.

Then we have some documents elaborating what is the reform needed. But people have to agree with that. So we'll go to intensive consultation among the political parties to see which one they like, which one they don't like, which one they need to amend. So there will be consensus-building procedure for the next few months. See how quickly we can come to consensus, how much time it takes. Then we conclude that part. In the meantime, new commissions will be announced. They will also need time, so we'll have the consultation period. And among them is most important ― each one is important ― but this one is relevant very much, this reform of the election commission'

https://www3.nhk.or.jp/nhkworld/en/news/backstories/3589/

Treehuggers united.

'Yunus' collaboration with Soros is one of several global financial partnerships that have advanced his vision for microfinance and social business, though these alliances have faced criticism from his political adversaries.......

Alex Soros, son of philanthropist George Soros, grew up around social activism. He studied at New York University and UC Berkeley, later following in his father's footsteps in charity work. In 2023, Alex took charge of the $25 billion Open Society Foundations, focusing on democracy, human rights, and climate issues.'

https://www.google.com/amp/s/www.livemint.com/news/after-tim-waltz-alex-sores-meets-bangladeshs-muhammad-yunus-whats-the-connection/amp-11727959795744.html

By the sound of it even he's even dismissing the Army Chief's 18 month to elections claim.

'VOA: We haven’t heard anything from you regarding the duration of this interim government, but General Waqar-Uz-Zaman recently said an election would occur within the next 18 months. Are we safe to assume the interim government would dissolve at that time?

Yunus: Well, if you want to presume, you may, but that’s not the decision of the government. The government has not given any opinion so far. The government needs to say when they would take a decision about their duration.'

https://www.google.com/amp/s/www.voanews.com/amp/voa-interview-muhammad-yunus-on-restoring-order-in-bangladesh-/7808333.html

The AL should have no support in Bangla as all their corruptiom and theft of the people is revealed. But this is Bangla after all.

'General clients took loans by depositing or mortgaging gold in the Bangladesh Samabaya Bank Limited.

"Its former chairman – Mohiuddin Ahmed, who is also joint general secretary of Awami League’s Dhaka south unit – sold off the customers' assets with fake ownership records.'

https://en.prothomalo.com/business/local/8l1j4hodxo?_gl=1*2ma163*_ga*VGliVUdDLXIwdjNNUnFjUXBpQ3NPME5OX0Q1OGxRTmRNRmxCd2wzRUVPX0IwRzdFeXl1UjRZRU1pVG03QkltNg..*_ga_YMB9CT21SM*MTcyNzkxNTcyNC4xMS4wLjE3Mjc5MTU3MjQuMC4wLjA.

'This decision, expected to cost around Tk12.89 billion, is part of broader efforts to maintain a steady gas supply and support uninterrupted business activities in the country.'

https://www.eurasiareview.com/02102024-bangladesh-to-import-lng-from-singapore-to-address-energy-crisis-analysis/#google_vignette

Interim Yunus government openly leaning toward the US at the risk of a backlash from India and China

https://asiatimes.com/2024/10/bangladesh-takes-a-chance-by-embracing-the-us/

Another reference to Yunus.........US puppet

https://www.google.com/amp/s/www.firstpost.com/vantage/is-muhammad-yunus-americas-puppet-in-dhaka--vd554772/amp/

Either GP has had another bonus or Terrydactil is trying to average his 8.6p down! :)

Searcher the reform commissions have 6 months to do whatever they are doing. Then it has to be discussed and implemented, then entered into the constitution. How long do you estimate this will take?

Also, if the elections do take longer than 8 - 10 months where does that leave GCM with only 10 months of cash left?

Ok, do you think coal hating tree hugger Yunus, who wants to save the planet, will approve an open pit mine with a 30 year lifespan during his time as leader?

Reform commission to take minimum 6 months. Then many months to review. Then months to implement. Then elections called more months. So the army chief's claim of elections 'within' 18 months is about right.

Will coal hating tree hugger Yunus approve a huge open pit mine within those 18 months? And if he does it'll have to be within 10 months before GCM runs out of cash. Will Bangladesh simply wait for GCM to fold?

https://thefederal.com/category/analysis/chosen-by-public-to-right-hasinas-wrongs-yunus-govt-is-yet-to-rise-to-the-occasion-147679?infinitescroll=1

Lol investing in gcm is madness absolutely. No dividends, constant fundraising and dilution, sp 60p to 2p, 1 single dubious asset at the whim of the bangladesh government, a crook at the helm, a board fighting each other, dubious entities receiving generous share payments and a sister company/major shareholder with £multimillion assets 'disappeared' from the plc shareholders.

Your turn, what part of what you quoted do you disagree with?

I am invested here. But no where near what I was. Go back to my post history 12 months. I've called correctly from 1.5p to 8p to back to 2p.

My posts are factual, my investment status is irrelevant. I really do hope I'm wrong about Yunus and he puts his country's needs before his own personal beliefs and he approves the mine. If he doesn't we've got to look at the bigger picture with gcm having a 10 month clock ticking.

Still no election date from Yunus. Will he approve an open pit mine and go against his beliefs? Unlikely given his fixation on saving the planet.

How long before the BNP get to get an election? Yunus says when rhe reforms are done. The army say it will be 'within' 18 months. Will the BNP even win the election?

It looks like it's going to be a very long wait but GCM only have enough funds for 10 months. What price will the next fundraise be at, and how much more dilution? Its not looking too good unless Yunus makes the call and gives approval for the mine.

https://www.google.com/amp/s/www.dhakatribune.com/amp/bangladesh/foreign-affairs/360217/yunus-expresses-resolve-for-quick-reforms

'He highlighted two existential threats to human civilisation: the first being climate change, of which Bangladesh is among the worst sufferers, and the second being the threat of unrestrained development of artificial intelligence, which could devastate the job market. Unless the global community takes the matter of climate justice and climate change seriously, all forms of advancement and economic gains may get washed away by climate catastrophes.'

https://www.thedailystar.net/opinion/editorial/news/commendable-speech-the-ca-unga-3714421

'I think I would sooner believe a statement by one of Gcm biggest investors than barfly traders'

Here we go again! Lol How do you know Dyani made that cheap and nasty website? You dont. And Dyani are not an 'investor'! Clueless.......

'His views dont mean $h!t.'

Now you know that's not true Terry. Every influential global leader has taken time out to meet him at the UNGA. Even the BNP acknowledge and commend him for what he has done in raising Bangla's profile. The BNP have even warned the AL not to start any trouble or they'll be dealt with severely. The army are backing Yunus for as long as it takes. It's the army chief who said 18months for elections. The BNP agree with the timescale.

The mms and the green nut job Yunus have taken the price down. He couldn't be more clearer on what his views are.

At the UN climate interview 1 question Yunus was asked was - other underdeveloped countries say they have natural resources like coal and oil and they say its their turn to prosper with it what do you say

Yunus - no no just because you have destroyed the planet it doesn't mean it is my turn to destroy the planet. No I stop you doing any more damage to the planet, I don't destroy with you

BNP accepts elections won't be for 18 months. So Yunus will be in charge for at least 18 months.

GCM has about 12 months of cash left.

At some point another massive fundraise will need doing to keep the lights on. Massive dilution will kick the sp down as usual.

Can Yunus say all this at the UN and then go home and build an open pit mine and take on all the protests?

Is there any positives anywhere right now? :(