Gcm Resources Share Discussion Threads

[bsg] 24/8/2016 09:12

The Uncrossing Algorithm performs a series of passes within an individual market, matching the best bids and best offers present in the price time sequence.
When all crossed volume has been matched, an Uncrossing Trade Price can be determined for the market. This price is found by applying one of the following calculations.
The calculation used is determined by the presence of residual limit volume within that market following uncrossing.
The four possible cases are:
• There is no remaining bid or offer limit volume in the market Uncrossing Trade price = the average of the bid and offer price from the last match.
• There is remaining limit offer volume but no limit bid volume in the market
Uncrossing Trade Price = offer price from last match.
• There is remaining limit bid volume but no limit offer volume in the market
Uncrossing Trade Price = bid price from last match.
• There is remaining limit offer and limit bid volume.
To determine the Uncrossing Trade Price in this case:
• Determine what the Best Offer Price is. Determine what the Bid Price is from the last match. Take the lowest of these. This is known as the ‘High Price’.
• Determine what the Best Bid Price is. Determine what the Offer Price is from the last match. Take the highest of these. This is known as the ‘Low Price’.
The Uncrossing Trade Price is the average of the ‘High Price’ and ‘Low Price’. If this value is halfway between two tick values the price allocated to all uncrossed business will be rounded towards zero (rounded down if the value is positive, rounded up if the value is negative).
If no matches occur within a market there will be no Uncrossed Trade Price for that market.

[michaelsadvfn] 24/8/2016 09:10

Anyone know how that UT was calculated?

99,000?

[baxtea1] 21/8/2016 16:01

Rather than having all the issues allowing gcm to mine phulbari, looks like Bungleville is going with a completely different project. Bye bye GCM, nice knowing you.

Hopefully get our share from arbitration in the next decade



Preparing for Dighipara open pit
hxxp://www.ijetae.com/files/Volume6Issue7/IJETAE_0716_26.pdf

It's nice to see scientific modelling being prepared and published for Dighipara open pit mining. I said the other day that the choice of who runs the feasibility study must surely be made soon if they are being asked to start in October this year.

[leonasdad] 19/8/2016 18:56

i thought Tang is young enough to see it through to 1st kw to 15mta success

[legionnaire2] 19/8/2016 13:12

Wira Dani has resigned from GCM board because of bankruptcy issues....
Not good.....

[legionnaire2] 19/8/2016 11:28

Would he leave if GCM were on the verge of approval ?
What did he do on the board anyway ?
Do his options lapse?

[baxtea1] 19/8/2016 10:52

Rats leaving the sinking ship?

[legionnaire2] 18/8/2016 18:28

From the Barapukuria website.....of relevance?

Future Planning
In future the following projects will be implemented under the control of Barapukuria Coal Mine by the approval of Bangladesh Government:

1) “Feasibility Study of Phulbari, Jamalganj and Khalashpir Coal Fields”.

2) “Development of an underground coal mine in Dighipara Coal Field”.

[michaelsadvfn] 17/8/2016 22:18

lmfao. That's one way of responding.

[baxtea1] 17/8/2016 21:43

That was a UT you dunce.

[treble in 1999] 17/8/2016 18:45

Untimberrrrrrr

114000 trade

[michaelsadvfn] 17/8/2016 16:11

Not sure about that mate, the share price is holding up very well considering....

but why?

[baxtea1] 17/8/2016 14:50

Timberrrrrrrrrr

[mrshaungcm] 16/8/2016 19:49

Among development prerequisites and aspects and prospects of development, problems of population and resources, present and desired development structure, what value Bangladesh needs and the status of Bangladesh within the New International Economic Order are very crucial for studies. Bangladesh has sufficient or abundant human resources, both skilled and unskilled, good soil for agricultural raw materials, but not always favourable climatic conditions, no important minerals like ore and coal but natural gas and probably oil in the Bay of Bengal; primitive tools, farming and agriculture system, second-grade technology and equipment in a few industries; worn-out railways, insufficient road, inland and sea-borne transport system, still an infant airways system and indecisive and inconclusive mixed relations of public and private ownership in industry.

[mrshaungcm] 16/8/2016 19:45

hxxp://print.thefinancialexpress-bd.com/2016/08/17/149318

[baxtea1] 15/8/2016 21:42

It is 'butt plug'

You will have the spelling and grammar police after you!

[mrshaungcm] 15/8/2016 20:33

baxys but plug has been buzzing

[potentials1] 15/8/2016 20:07

was buzzing here today I see.......not.

[mrshaungcm] 13/8/2016 19:00

hxxp://print.thefinancialexpress-bd.com/2016/08/14/149123