Member Info for YouKnowItsRight

2 years to the coal Earl of Shame

Can't you read?

Laughing at Earl of Shame

'The Mine Construction Contract duration is four years, with overburden removal to expose first coal taking some two years. The Company and PowerChina expect to enter additional contracts covering coal extraction and associated activities to support ongoing open pit mining operations and the Project's commitment to deliver high quality coal supporting at least 6,600MW power generation for over 30 years. A joint proposal with development partner, PowerChina, will shortly be presented to the newly elected Bangladesh Government.'

Get that JOINT proposal on GCM!

Lol those famous last words!!!!!!!

I was expecting the NED RNS - this is just insane!

It's been a long road but finally it's coming together.

Was the Ned RNS logged Friday for 8am Monday?

That would certainly add fuel to the fire!

'Rather than turning to the extraction and use of our own gas and coal, importance is being given to imported coal, LNG and oil-fire power generation.'

https://en.prothomalo.com/opinion/interview/fg61gpfrzu

Cash to last to May24

Submittal March 24

Acceptance Apr 24

Buy out May24

There won't need to be a fundraise in May :)

Mms all over the place Lol

I was serious, I really wouldn't want to be out of this over the weekend! :)

Anyone buying?

Hardly any shares out there now - massive jumps on small buys.

The TR1 will have to wait! :)

Come on GCM, confirm and name the new NEDs!

Just 15 working days left in Quarter1.

Project submittal imminent.

It's all very exciting! :)

'How much does GCM have to fund the mine'

About £3.

That's why we're going on Dragons Den next week :)

Not sure what you're asking there IIka.

But you're not really following the story.

Bangla are committed to coal use for the next 30 years to supply the coal power stations they already have built and need to pay for.

So it's not a decision between gas and coal. They are already committed to coal. Fact.

Bangla is running out of Forex dollars and soon will no longer be able to afford to buy coal to import, ensuring more blackout misery for its people as power stations lie idle. Just like the last 2 summers. This lying idle will also incur capacity fees for Bangla which they already cannot pay.

That's where GCM comes in with the Phulbari coal that will save Bangla $billions in import costs and ensure the coal they need is enough to keep the coal powerstations running and so stop the crippling energy blackouts for the people.

Yes looks like somebody is trying to stay under the radar - buying small but often. Could be a few of them. Maybe some trades are greasing palms :)

This time next year Rodney...... .. :)

Good luck W2NCY

I sold my HE1 yesterday and bought more GCM.

Looking like a brilliant move now. Moved a few others on too. I'm all in here now, this is the future.

Ollie

It is you who is conveniently forgetting the other statements in that RNS - 2 way conversations with government, Project submittal to the Bangladesh Govt in the 1st Quarter of 2024.

Maybe they won't need funding in May.

Where will your strategy leave you then? Lol :)