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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Gcm Resources Plc | GCM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.10 | -6.67% | 1.40 | 16:35:25 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.50 | 1.375 | 1.50 | 1.40 | 1.50 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 05/3/2025 13:25 by chrisronaldo It Will be terribleBlumagnet Posts: 520 Price: 1.475 No Opinion RE: Military takeover ??Today 12:22 Just wondering if there was a military takeover how would that play out for GCM |
Posted at 11/2/2025 09:00 by chrisronaldo It’s called musical chairs…. hxxps://www.marketsc |
Posted at 05/2/2025 20:36 by chrisronaldo This is what anu Muhammad said on X recently about gcm. Well well wellAnu Muhammad @anumuhammad A fraud company named GCM is still cheating shareholders in British AIM. Even after mass uprising against them in 2006 they have been doing this by showing Phulbari coal mine, but they do not have any license, and people's resistance remains strong against them. 2:21 PM · Dec 12, 2024 Searcher Posts: 39,770 Price: 1.55 No Opinion Govt moves termed AL’s carbon copyToday 18:37 Govt moves termed AL’s carbon copy hxxps://www.newagebd |
Posted at 28/1/2025 22:02 by chrisronaldo And sooner or later gcm will be taken private |
Posted at 28/1/2025 13:59 by 888icb Up 14.6% as a consultant renews an agreement and agrees again to take payment in GCM shares. |
Posted at 16/12/2024 09:50 by chrisronaldo At least One more year to 18 months to go before elections , then protests, and in the meantime more money needed for gcm and more dilution and maybe a civil war in the countryEverything is going well People can go back to sleep 🤣 |
Posted at 13/12/2024 09:13 by apfindley Lol another MOU extension.It's heading NOWHERE.Basically the Chinese are just parked here waiting for gcm to go bust, so they can take build the powerplants and take the asset for themselves.That's about 5 years of just mou extensions already. How much longer left on this 16 years of non-activity at phulbari. |
Posted at 13/12/2024 07:08 by bloomberg2 13 December 2024 GCM Resources plc("GCM" or the "Company") MOU Extension - Phulbari Coal Mine Development GCM Resources plc (AIM: GCM), the AIM traded mining and energy company, announces that Power Construction Corporation of China, Ltd. ("PowerChina") has agreed to an extension of the memorandum of understanding ("MoU") for a period of a further 12 months from 6 December 2024 to 6 December 2025 on the same terms as the previous memorandum of understanding which is primarily focused on the Phulbari coal mine development. On 27 November 2018 the Company originally announced the entry into the MoU. The MoU was previously extended for 12 months from 6 December 2023 to 6 December 2024, details of which were announced by the Company on 28 November 2023. It is acknowledged that working under the MOU the parties have already taken a significant step towards developing the Phulbari coal mine. This is demonstrated by the signing of an EPC contract for "Phulbari Coal Mining Infrastructure Construction and Overburden Stripping", which was announced by the Company on 11 March 2024. The scope of work under this contract includes design, procurement, installation and commissioning of mine infrastructure and overburden removal, dewatering and drainage. It also includes selective mining and stockpiling of valuable industrial mineral co-products that occur in the overburden and are expected to deliver considerable cashflow for the Project ahead of any coal extraction. Importantly, the proposed mine development is now heading in the direction of contract mining which means that the mining is carried out by an experienced mining contractor utilising their own resources and mining equipment resulting in reduced technical risk and start-up capital expenditure requirement. Working under this extended MOU, GCM and PowerChina aim to determine the modality for PowerChina to become involved in other packages of work and financing that are necessary to fully develop the Phulbari coal mine. PowerChina's involvement as a Mine Development Partner remains subject to the approval of PowerChina internal compliance and all other relevant regulatory agencies. Over the past decade, Bangladesh has experienced considerable expansion of its power generating capacity. However, it did so by relying on imported fuel and not promoting extraction of its domestic coal and gas resources. Bangladesh's installed coal-fired power capacity currently stands at over 8,000MW (commissioned and soon to be commissioned). This represents an investment of some US$20 to 30 billion, predominantly in the latest High Efficiency - Low Emission (HELE) ultra-supercritical coal fired power plant technology with an annual coal supply demand of some 19 million tonnes of coal of the quality of the Phulbari reserves. GCM remains confident that by developing the proposed Phulbari coal mine, the Country will take a significant step away from an almost total dependance on expensive imported energy. Michael Tang, Chief Executive of GCM, commented: "Working under the MOU, GCM and PowerChina will have the opportunity to finalise the remaining work packages necessary to bring the Phulbari coal mine into production. It also further strengthens our working relationship and demonstrates our ability to bring the Project to fruition. Having PowerChina as our Development Partner will greatly assist with obtaining the necessary Government approval and demonstrating that the proposed Phulbari coal mine will provide a large reliable supply of affordable commercial energy that will reduce the Country's dependance on expensive imported energy products." |
Posted at 26/11/2024 09:47 by chrisronaldo Remember this clown?Tenner Party - 18 Jul 2023 - 18:25:19 - 58589 of 67379 GCM - Long termers, banter & research - GCM Baxtea, RealSatan, please keep this up. It is brilliant. To see the clown being played like a fiddle, is worth the entrance money, I have not laughed so much in years. By the way, if you have him on filter, it is working, he is going crazy. P.S. I am getting the £10 party tickets printed, are we going for a private yacht, or just the Ritz? |
Posted at 21/11/2024 13:08 by chrisronaldo Bigger lossYeahhhhhhhhh GCM Resources Plc reported earnings results for the full year ended June 30, 2024. For the full year, the company reported net loss was GBP 1.39 million compared to GBP 1.32 million a year ago. |
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