Gcm Resources Share Discussion Threads

[mrshaungcm] 22/8/2017 21:53

Legion - what is your take on the article - or are u taking baxy at the moment and cannot speak

[bobic] 22/8/2017 21:36

COAL INDIA will dig coal from Phulbari take it inside Indian border and GOB will import.This is just to satisfy mr.Anu.

[bobic] 22/8/2017 21:36

COAL INDIA will dig coal from Phulbari take it inside Indian border and GOB will import.This is just to satisfy mr.Anu.

[legionnaire2] 22/8/2017 21:31

I can only assume you will sell all your shares tomorrow amidst a mad sell off and the collapse of the share price then.......

[mrshaungcm] 22/8/2017 21:08

they will import and the coal below phulbari will remain hidden in our lifetime

[legionnaire2] 22/8/2017 21:06

Does this mean they will mine Pulbari ?

What exactly is your point and/or your opinion regarding the article and any impact it may have......

[mrshaungcm] 22/8/2017 19:24

Coal india sniffing near Phulbari
hxxp://www.daily-sun.com/post/249634/Coal-India-keen-to-develop-3-coalfields-in-Bangladesh
The Coal India Limited is interested to develop three major coalfields at Barapukuria, Khalespir and Jamalganj in Bangladesh.



A two-member team of the Indian company, led by CMPDI General Manager Debashish Ghosh, arrived in Bangladesh on Sunday to conduct a techno-economic feasibility study on coal mining.



They already made a presentation of their activities after meeting top officials of the Petrobangla, the state-run energy organisation of Bangladesh.



The team visited Barapukuria and Jamalganj coalfields in Dinajpur on Monday and goes to Khalaspir coalfield in Rangpur today, said an official of the Barapukuria Coalmine Company Limited (BCMCL).



To this effect, a high-powered delegation, headed by state minister for power and energy Nasrul Hamid, visited India last year.



Nasrul Hamid sought technical support from state minister for petroleum and natural gas of central India Dharmendra Pradhan for development of the unexplored coalfields.



The Indian team has come in a response to the state minister, an official concerned said.



“The Indian team is visiting our three coalfields and seeks information on them,” BCMCL Managing Director Habib Uddin Ahmed said.



“The government high-ups only know how they can support us. I think they will make a proposal on the basis of information after visiting the coalfields,” he said.



The government and private sector would require procuring around 71 million tonnes of coal annually for generating around 20,057MW of electricity from 22 coal-fired power plants.



Most of the power plants designed on imported coal due to controversy on the extraction of local coal.



The government has, so far, discovered five coalfields in Barapukuria, Dighipara, Khalaspir, Phulbari and Jamalpur.



Barapukuria coalmine is the country’s lone coalfield with the production capacity of one million tonne a year.



Barapukuria uses the underground mining method to extract coal from an estimated reserve of 390 million metric tonnes.

The coalfield has a production capacity around 5,000 tonnes a day.


The BCMCL supplies an average of 2,000 tonnes of coal a day to the 250MW coal-fired plant in Barapukuria.



The BCMCL has initiated a feasibility study for the extension of existing underground mining operation of Barapukuria coal towards the northern side of the mining basin without interruption of the present production.



The Coal India is interested to get the extension work, official sources said.



The government would require 7 million tonnes of coal a year to generate 20,000MW by 2030.



The domestic coal production is now only 1 million tonne from Barapukuria coalmine.



It’s not possible to conduct open-pit mining at Dighipara, Jamalganj and Khalaspir coalmines as the coal is reserved at depth between 360 metres and over 500 metres there.



The coal reserve at Jamalganj is 1053 million metric tonnes in 640-1058-metre depth.



Besides, the coal reserve at Khalaspir field in Rangpur has been estimated at 685 million metric tonnes in 257-488-metre depth on 12 square kilometers areas.

[apfindley] 20/8/2017 08:40

So all that excitement over an rns and you said it would be worth a couple quid within days..... Oh hold on a minute, reality sets in and investors realise the rns did NOT give the go-ahead to mine and was nothing to do with the bangla government. It was just a speculative rns about the feasibility of a power plant and what the two jv partners wanted to do. Oh dear, back to reality, phulbari will NEVER be mined. It all stems from the Asia energy days.. .

[baxtea1] 18/8/2017 12:22

altube 158 posts
3x 50k buys this morning
Someone knows something


Yep, we know you're a bellend

[baxtea1] 18/8/2017 09:06

Agree, Sept 2030

[mrshaungcm] 18/8/2017 06:39

altube
Posts: 157
Off Topic
Opinion:
No Opinion
Price:
31.50
Timescales
Thu 22:00
Does anyone have a view on timescales for the next phase etc.

I still have September as a pivotal month but any thoughts much appreciated

[mrshaungcm] 14/8/2017 22:06

GCM - Long termers, banter & research

Its all banter legion - if u do not like it start ur own thread - by the way - Baxy gives a better reach around

[mrshaungcm] 14/8/2017 21:32

GL Phulbari EOW

[legionnaire2] 14/8/2017 21:03

It doesn't say that in your latest irrelevant posting nor anything about Pulbari. Cox's Bazaar is about as far away from Pulbari as you can get in Bangladesh. What relevance does that have to GCM ?
I would like to hear some positive news and all you provide is waffle and unconnected drivel. You are very tiresome.

[mrshaungcm] 14/8/2017 20:27

But they are importing it from the State of Phulbari

[baxtea1] 14/8/2017 20:22

Full steam ahead for all these new plants to run on imported coal

[mrshaungcm] 14/8/2017 19:14

hxxp://www.daily-sun.com/printversion/details/247828/Another-1200MW-power-plant-likely-at-Matarbari
The government has proposed construction of another two-unit coal-fired power plant having a combined capacity of 1200MW electricity at Matarbari in Cox’s Bazar on the credit of the Japan International Cooperation Agency (JICA).


“We have asked the JICA early this month after signing an EPC contract to install the power plant on their credit,” said a top official of the power and energy ministry.


The government will require about $1.5-2 billion for implementation of the two new units on Matarbari site, he added.
“I hope that the government will get a positive response from the JICA as it assisted in implementing the existing project,” the official further said.


In August 2, 2017, Power Division Deputy Secretary Mahfuza Akter directed the Coal Power Generation Company of Bangladesh Limited (CPGCBL) to submit an official proposal to the JICA.



The government will spend around $6 billion on construction of the 1200MW coal-fired power plant.


“We are now getting $4.58 billion credit from the JICA for implementing the project,” another official said.


The CPGCBL includes port facilities cost, land acquisition and development cost, Moheskhali channel dredging and other costs to implement the power plant under construction. So the implementation cost of the project has increased, he pointed.


But, the cost of the new units will not increase as the CPGCBL has already developed 1414.65 acres of land to install the combined 2400MW plant on the same site.


He also said the company would not take any burden of port facilities or dredging for coal transportation.

So, the new units cost will be reduced significantly, the deputy secretary said. Last Thursday, Finance Minister AMA Muhith said Matarbari will become a mega-city like Singapore, thanks to the massive socioeconomic activities.

He made the remark while addressing the contract-signing ceremony of the 1200MW Matarbari coal-fired project.


He hopes that the project will create a huge number of job opportunities for the people of Matarbari. He thanked the Japanese government for its support for such a mega-power plant.


Construction of jetty and coal handling facilities for coal import, coal storage, township development, road communications, rural electrification and transmission line and substation will be built for implementing the power project.

[legionnaire2] 10/8/2017 11:17

Shaun

So by your own admission you're still posting nonsense willy-nilly.
It's not very impressive is it ?

[baxtea1] 10/8/2017 06:09

Did shaun forget to give legion a reachround?

[legionnaire2] 09/8/2017 21:50

Are you going to give us your opinion on the latest load of drivel you have posted ?

[legionnaire2] 09/8/2017 20:39

What's happening at Pulbari ?