Gcm Resources Share Discussion Threads

[double double] 05/12/2016 08:46

After THIS agm the protestors will be on their phones buying GCM shares!

;-)

[baxtea1] 05/12/2016 06:09

I see the misleading ramp squad on lse are trying to make out the annual AGM protest is something new, lol.

[double double] 04/12/2016 12:25

Someone posted about going to court on LSE....

Like her or loathe her Hasina is doing something right as the country is relatively steady and portfolio managers have started invested heavily in BD in the last couple of years. You all have also seen the FDI lead by the Chinese. These are things happening now. The power plants are being built now. To stand still BD gov need to find up to 4 times the power they have now in the next 10 years or so.

It is BD gov, of whatever party, that cannot afford to have a court case hanging over the Phulbari project for 5-10 years. No other party will come near it if there is a case hanging over it.

Tang is speaking to parties, dare I say it, with consent of the BD gov. AEC was never going to develop the project and Tang has started bringing other parties now. Hopefully GCM shareholders will be rewarded by end of this process.

Enough of my Sunday sermon!

[baxtea1] 04/12/2016 10:18

"been going on for ages - not really relevant"


Same as you then Shaun, ;-)

[mrshaungcm] 03/12/2016 21:27

been going on for ages - not really relevant

[double double] 03/12/2016 21:19

Probably been posted already as it is old news and not directly related to coal but still interesting with the India angle and Phulbari becoming prominent.

India, Bangladesh open a new land port connecting Phulbari, Banglabandha

hxxp://bdnews24.com/bangladesh/2016/02/18/india-bangladesh-open-a-new-land-port-connecting-phulbari-banglabandha

[treble in 1999] 02/12/2016 20:11

Countdown to agm, 13 days including 2 weekends.

[baxtea1] 02/12/2016 16:02

Creeping back up, wouldn't be surprised to see a few delayed buys popping up later

[double double] 02/12/2016 13:26

Not sure how MMs work but if dropping the price doesnt get enough sellers perhaps they at some point start raising the price.

[double double] 01/12/2016 20:14

I think its only a matter of time til Phulbari is passed onto the Chinese and hopefully at multiple of where we are now for GCM shareholders.

Posted on LSE:

China Keen To Build A Coal Terminal At Maheshkhali

hxxp://energybangla.com/china-keen-to-build-a-coal-terminal-at-maheshkhali/

[mrshaungcm] 01/12/2016 19:37

Compared to other coalfields in Bangladesh, with coal occurring at 150
to 500m depth, Jamalganj coal is considered to be too deep to be
exploited by conventional underground or open pit mining. It was
believed that, the only economically feasible way to exploit the field
is to harness the CBM at least.
hxxp://energybangla.com/cbm-from-jamalgang-gets-uncertain/

[baxtea1] 01/12/2016 15:51

He's been an historical nob end for years mate with his hindsight expert chart analysis.

He always pops up a week after something has happened with his correct analysis of what the share price has already done. He promotes his own mailing list for ramping up stock, obviously whilst he is offloading into the rise

[double double] 01/12/2016 14:57

If you read back through his thread he was actually waiting for 9p. He missed the big spike and then ignored it.

Bounced at the 18-20p barrier,
now everything back to 10 ish.
By rRomeo29

[baxtea1] 30/11/2016 11:00

Its been pretty clear they have been filling larger than average orders from impatient sellers.

[orchestralis] 30/11/2016 10:22

Next leg up coming?

[double double] 30/11/2016 10:21

Volume picking up again.

[mrshaungcm] 29/11/2016 19:52

hxxp://www.thedailystar.net/opinion/politics-climate-change/vulnerable-countries-take-the-lead-commitments-1322506
As a founding member, as well as previous chair of the CVF, Bangladesh is also now committed to achieving 100 percent renewable energy by 2050. This will not be a trivial task for us, but can certainly be achieved with the right policies and investments.


Bangladesh already has one of the world's fastest growing solar home systems with over five million units sold, supplying lighting to nearly 20 million poor people. This is an excellent basis to expand into bigger systems for other purposes.

However, there is also a contradiction in the country's policy with regard to investing in coal-powered electricity plants, which would force us to depend on fossil fuels for decades to come.

Hence, if Bangladesh is to fulfil its pledge to become 100 percent renewable by 2050, the policy on coal-powered electricity generation will need to be revisited.

[mrshaungcm] 29/11/2016 19:49

hxxp://www.thedailystar.net/country/fresh-cracks-many-houses-1322431

[treble in 1999] 29/11/2016 16:34

Buys out number sells 4:1 and still it drops. Follow the history.

AGM 18/12 will show the way forward

[sidjameslaugh] 29/11/2016 12:50

The inevitable slide back on no news. Did well for a while. Shame.

[baxtea1] 28/11/2016 10:55

Couple more chunky delayed buys from Friday just popped up.

Bit of a cliche but quite possible someone is building a larger than average holding. We know it's difficult to buy a sizeable quantity here without the share price spiking

[baxtea1] 28/11/2016 08:39

Yep, all three of those would create a spike. Or the lottery ticket news, SOD approval :-)

Can't see a takeover considering the long term reward, although GCM will no doubt be approached by vultures.