Member Info for YouKnowItsRight

'What a joke of a board.'

The only joke is you. As you are seemingly incapable or can't be bothered to read the posts attendees kindly posted, the question of ongoing funding after May was asked and the reply was very positive about investors already lined up. I hope that can dispel your obviously genuine concerns.

Jamesss keep up. The ongoing funding was discussed at the agm. Read the comments posted at that time.

'This is exciting news for the Company, the Project and its Shareholders and efforts are being made to ensure we are in the strongest position to engage with the newly elected government within the 1st Quarter 2024 and deliver the Project Proposal which includes a large-scale Solar Power Park as an adjunct.'

5 days left in quarter 1 for project submittal. GCM has stuck to its deadlines quite well lately. Funding was done. Share suspension was lifted. NEDS due dilligence was completed. No reason for project submittal to not be completed on time.

Mms dropping price for no reason. Probably positions been taken now and buying finished. As many bought as sold today no reason for the price drop other than mms playing games, trying to cause panic sells. No reason to sell - project submittal due any time, and no doubt will be a presentation from GCM & Powerchina. Last time GCM & Powerchina did the project announcement we touched 70p. Hasina made the wrong decision at that time. She can't make the same mistake again.

Whoa there MrEnthusiastic. You don't get off that easily!

So what did your research turn up? Tell more about the antics of these 'alleged fraudsters' with the same name? Do you think these are the same people as the new NEDs? What was the problem at Rangers? Thanking you in advance.

'I have done some research on both Paul and Charlie and I have found some alarming things and I’m hoping someone with a bit more knowledge than me can clear up that it’s a coincidence they have the same names as other ‘alleged’ ‘fraudsters’.'

Well if you list the 'alarming things' that you have found then posters here will be able respond as per your request. Supporting evidence would be greatly appreciated.

I'll hazard a guess you won't be quite so enthusiastic to respond! Lol

Paul Shackleton of WH Ireland, nomad for Rangers FC

https://www.google.com/amp/s/www.dailyrecord.co.uk/sport/football/football-news/rangers-egm-put-many-fans-5144167.amp

The mms playing games again. Dropping the prices to gobble up the stop losses amd cause a few panic sells. When will people learn? And just like that the 100k buyer takes a few. Definitely a big order being filled still and expect the price to move back up this afternoon as more 100k buys go through.

Adam GCM is in a whole different place to when CTW was appointed, and I'm hopeful the Chairman appointment will reflect that. Any Bangladeshi or Chinese mining/energy expert would be very welcome indeed!

Blumagnet it's not a bank holiday in Bangla! A Friday project submittal announcement with the markets closed would certainly light up the weekend with no trading available until the Tuesday!

How much due dilligence is needed for a position that paid CTW £6000pa? Obviously the Nomad is still satisfied and have not made any further announcement about the company running without these Neds and a chairman in place. The Powerchina deal was still signed and announced so Powerchina are satisfied as well. Could well be that the NED/Chairman appointment is highly significant and the announcement is being held back until the buyers have completed their strategy. Possibly the NEDs and TR1 holdings announcement will all come at the same time. Only 5 working days left for quarter1 as well. It sure looks set for a busy week. :)

2 weeks ago sudden buying was rewarded with the Powerchina $1 billion mine agreement RNS.

What will it be this Monday? :)

Again mms dropping the price trying to pick up a few panic sells and stop losses. They still want to buy any amount which is all we need to know. They must have a big order to fill but trying to keep below the 10p threshold.

Also the big trades are being reported late and out of sync to keep us guessing.

Bid back up to 8.5p. Panic over, let the 100k buyer move back in again this afternoon!

Bangladesh can't pay its existing bills. How is it going to buy coal to import for its already built coal powerstations? The answer is they can't buy/import coal, so they will dig their own coal.

https://www.google.com/amp/s/today.thefinancialexpress.com.bd/first-page/adani-power-payment-dues-accumulate-to-600m-1710959177%3famp=true

Mms reporting more hefty trades late again.

Mms have been selling shares and not reporting the buys. They are then deliberately dropping the price drastically to cause panic sells to replace the shares they are selling. They are then holding off reporting the buys and putting them all through late and out of sync. The good news is that the buyer or buyers are still there. Looks like they are buying in 100k blocks.

Can get a bid for ANY amount at 9p. Mms want the shares. The buyer will still be there loading up. Get set for a busy afternoon.

Why keep coal underground while energy import bill soars, ask experts

'Engineer Khondkar Abdus Saleque, an international energy consultant, outlined the potential of harnessing coal from local mines for electricity generation. He stated that through open-pit mining, these coal reserves could sustain a 10,000MW power generation capacity for 50 years.'

https://www.google.com/amp/s/www.tbsnews.net/bangladesh/energy/why-keep-coal-underground-while-energy-import-bill-soars-ask-experts-761542%3famp

Classic PR Searcher. Started softly softly, now starting to get a bit more specific but only if certain conditions are met, like the water problem. We already know these conditions can be met.

Expert Proffessor M Tamim nails it - My point is there has to be an honest examination of the proposal. Don't be afraid of engineering challenges. No big project in the world, no mega project has been without engineering challenges.”

All over the UK land, homes and towns have been lost in the name of progress - whether its HS2, or a new airport or a new reservoir, the greater good of the country comes first. Bangladesh has now reached that same conclusion.

'State Minister for Energy Nasrul Hamid said, I think coal should be used up.'

We can be sure Nasrul Hamid would not be making such statements without Hasina's authorisation. For the last few weeks it's been a constant drip drip of hinting at digging their own coal and setting out the reasons why. Classic PR. When the news is announced there will already be an acceptance of what needs to be done. That Bangladesh has no alternative. It has tried everything else and it has failed. To keep the coal power stations already built running they have to dig their own coal.

Excellent find Pappi.

Fantastic to see that even the Marxist trouble maker Anu Muhammad accepts the inevitable - 'Coal-based mega projects have been done. Now there is a crisis of imports, it is going to take another disastrous decision to solve it.'

The image of a man in a mankini and a hard hat just ruined my weekend!

I wouldn't be too worried about the sp - 1. Only tiny peanut trades, and 2 it appears more were bought than sold anyway.

Nothing has changed has it. The $500k buyer still appeared when we needed it. GCM still has enough funds until May. The $1billion dollar agreement to build the mine with Powerchina is still there. Powerchina are still on board to do the mining. The energy minister still said importing coal is stupid and financially unviable and they need to dig their own coal, the landowners will be compensated. The lobbyists DG dealing direct with the government are still holding onto all their share payments. The project submittal is still imminent.

Remember we was at 1p and the share suspended just weeks ago. All in all its been a great few weeks and plenty more to come I suspect. 6p or 12p is nothing compared to the end game.

Keep the faith and all have a good weekend.

We know a mine starting in 8 years producing 1/10th of Bangladesh's coal requirements at a staggering $160 per tonne is the usual nonsensical approach from Bangladesh in all matters of energy production. Its why they are in the mess they are.

Maybe the mine is just a stalking horse, being used in negotiations with GCM and Powerchina as 'we've always got other options' during the negotiations. GCM/Powerchina can get at the first coal in 2 years. They can supply enough annually to meet ALL Bangladesh coal requirements. And due to the cost effectiveness of open pit mining the coal will be supplied at a lot less then $160 per tonne, and a lot less than current import costs + associated costs like shipping.