Gcm Resources Share Discussion Threads

[baxtea1] 05/7/2017 14:17

Must be nearly time for the LSE ramping chumps to switch from their relentless topping up posts to how they skimmed their profits at 40p.

[tburns] 04/7/2017 13:51

A couple of large delayed sells for 50k and 45k just gone through showing as buys, hoping the recent gains are not going to be reversed here.

[divinessence] 04/7/2017 12:05

Have to say share price is looking quite solid and I am of the opinion any decision is near not far now that we have Chinese on board and a few screws are being tightened. I am more of an optimist right now.

[baxtea1] 04/7/2017 08:09

Mine mouth plant at Phulbari is going through another feasibility study, re recent MOU

[baxtea1] 04/7/2017 06:08

You build the power plants at a coastal area for imported coal.

You build the power plants at or closer to your own coal source if planning to use that.

[divinessence] 03/7/2017 22:50

Lots of buys today.

baxtea1 "Theres a reason they are planning them near seaports ramp squad & nowhere near Bara & Phulbari, think about it!"

Sorry for the ignorance but can you explain your comment pleas

[tburns] 03/7/2017 15:57

2p move up on both the Bid and Offer and just 25k of buys, any sustained pressure will see this blast through 40p here

[tburns] 03/7/2017 15:05

Nice 10k buy pushing the offer up here a few more and we will be closing nearer to 40p than 35p

[baxtea1] 03/7/2017 06:37

Lots of excitement about two potential new power plants at Payra & Matarbari on LSE.

Theres a reason they are planning them near seaports ramp squad & nowhere near Bara & Phulbari, think about it!

[papillon] 02/7/2017 12:34

Here's a GCM log chart that might please the bulls. Drawing parallel lines on this chart shows a very interesting uptrend. Will this bullish uptrend continue? No idea, but it looks promising.


free stock charts from uk.advfn.com

[888icb] 30/6/2017 14:04

The events of recent months on several fronts such as Govt statements, the Chinese links, settlement of corporate bonds and new shareholdings are very strong indications that we are on the verge of major progress. I am more excited about the prospects of this finally coming good than I have been for many years. Michael Tang has invested a lot of money and time on this company so lets hope he is about to succeed and if he does it will also be very good for his investment in Polo.

[tburns] 30/6/2017 10:54

These 3 x trades, 50k, 50k and 25k are delayed buy orders from early morning above the Offer (due to mark as an OK trade) hence the rise, someone is accumulating

[tburns] 30/6/2017 10:43

Maybe a new company incorporated using the same name Fitton post liquidation?

[fitton] 30/6/2017 10:34

Interesting that the latest holdings in the company RNS states that Kilkenny Ltd has a 6.82% holding but on companies house Kilkenny Ltd were liquidated in 2015??.

[qs99] 30/6/2017 09:10

well a decent move whichever way you look at it, could test 40p again IMO...DYOR

[tburns] 30/6/2017 08:44

Nice rebound today and MM's having to raise Bid to get shares with small buys pushing the Offer up, bodes well

[tburns] 30/6/2017 08:39

Nice few buys full on the offer there, doesn't take much to move this North and will be interesting if this is backed up much more buys, could see a stellar Friday

[tburns] 30/6/2017 08:35

That is a decent jump on little trades, much showing on L2?

[mrshaungcm] 29/6/2017 21:58

hxxp://www.thedailystar.net/op-ed/economics/budgetary-allocation-energy-not-enough-1425574
The low budget allocation for the energy sector clearly demonstrates that the government has nearly given up on trying to develop domestic supply of primary energy. The low priority on gas exploration and coal development implies that the government is quite content on letting the primary energy sector become totally import-based. Of course the easiest thing to do is import to meet whatever shortfall there is. But there are consequences of having an import-based primary energy sector: major price increase of fuels and dangers of supply disruption.

Alarm bells have already started ringing in the business and industrial community. They are justifiably apprehensive that primary energy, mainly natural gas, would become very expensive once LNG imports start. As soon as the first lot (500mmcfd) of LNG is added to the domestic supply, price of gas for industrial consumers will increase from USD 3 per 1000 cubic feet to USD 4.5 per 1000 cubic feet – a 50 percent increase. That is only the beginning because as more and more LNG is added to the system, the gas tariff will increase. Once domestic gas reserves are totally depleted, which may not be that far away if no new gas is discovered, the tariff will reach LNG import cost, which in 10 years' time can easily be USD 12-15 per 1000 cubic feet. To appreciate the magnitude of this tariff note that BPDB now pays approximately USD 1.1 per 1000 cubic feet.

At LNG price can the energy-intensive industries survive? Bangladesh has been doing very well in the ceramic and steel sectors. There is a grave danger of these two industries dying out. It is vital to keep energy costs down. Historically, Bangladesh has had very low energy prices. But that is changing fast. Such a fast transition to higher prices is causing great concern amongst industrialists. There are clear indications in the budget that prices of electricity and gas may have to be revised upwards to accommodate the import of expensive LNG.

[baxtea1] 29/6/2017 17:47

Fast forward three years
29 Jun '20 - 15:49 - 25389 of 25390 3 0 (premium)
Can't say long way off if you don't know it, so could be one day or one year? I guess patience will prevail.

[baxtea1] 29/6/2017 17:46

Fast forward two years

29 Jun '19 - 15:49 - 25389 of 25390 3 0 (premium)
Can't say long way off if you don't know it, so could be one day or one year? I guess patience will prevail.

[baxtea1] 29/6/2017 17:46

Fast forward one year

29 Jun '18- 15:49 - 25389 of 25390 3 0 (premium)
Can't say long way off if you don't know it, so could be one day or one year? I guess patience will prevail.

[divinessence] 29/6/2017 15:49

Can't say long way off if you don't know it, so could be one day or one year? I guess patience will prevail.