Gcm Resources Share Discussion Threads

[baxtea1] 02/8/2018 07:26

Imins link answers that question.

hxxp://m.theindependentbd.com/post/160460

[baxtea1] 02/8/2018 06:53

So what happened to their big open pit mining plan at Bara then?

[mrshaungcm] 01/8/2018 19:29

Bara expanding


Govt plans to expand mining area in Barapukuria
Shamim Jahangir 2 August, 2018 12:00 AM printer
The government is planning to expand the mining area in Barapukuria by another 4.5 square kilometres to produce additional 2,500 tonnes of coal per day, officials informed.

The Barapukuria Coal Mine Company has already conducted a feasibility study for the extension of the underground mining operation towards the south and the north side of the basin without interrupting the current production area, said the officials.

“We received the draft feasibility study report today. The mining area might be extended by three square kilometres,” Petrobangla chairman Abul Mansur M Faizullah told daily sun on Wednesday.
He said Petrobangla has asked the mine authorities to submit the final report by September indicating the financial viability of the extension.

Barapukuria Coal Mine Company Ltd will resume coal production in the existing new phase from September 1-2.

“But we will appoint new firm for the extended mining area through a tendering process. It must be financially feasible,” the Petrobangla chairman said.

He said the extension is no way related with recent coal scandal. The feasibility project was taken more than one and a half years ago at a cost of Tk 77.60 crore.

“We will need at least two and a half years to start extracting coal from the extended mining area,” the Petrobangla chairman said.

Barapukuria Coal Mine has the capacity to produce 4,500 tonnes of coal per day.
Country’s five coal mines have a total reserve of 3565 million tonnes of coal. Of them, the Barapukuria coalmine has a reserve of 390 million tonnes.

Regarding the recent coal scandal, the Petrobangla chairman said the government is investigating the matter and the culprits will be brought to book.

State minister for power and energy Nasrul Hamid earlier said his government would not take any responsibility of the bureaucrats responsible for the coal scandal in Barapukuria.

The Barapukuria coal-fired power plant was shut down on July 22 for an indefinite period after the Barapukuria coalmine mysteriously ran out of coal. The power plant needs 5,500 tonnes of coal a day run in full swing.

The mine authorities filed a case accusing 19 officials, including the managing director of the Barapukuria Coal Mining Company, over the disappearance of 144,644 tonnes of coal worth Tk 2.3 billion.

[jayviperjayviper] 01/8/2018 15:16

Bax why do you go on LSE read the posts then reply or make reference on this board rather than that?

[mickb1234] 01/8/2018 08:11

Bacteria1 it seems you have a lot of confrontation in your life. Might I suggest a good book for you to read - 'How to make friends and influence people'. Am sure you could find a used copy if you're short of cash. You never know, it might help you.

[baxtea1] 01/8/2018 06:01

DImin & Toedipstick are like two excitable puppies over on LSE whenever i post, bless em 😂😂😂

[jayviperjayviper] 31/7/2018 18:31

Grown ups! Ha ha ha that's so cute. And thanks for the little mention in your profile very "grown up" ha ha ha

[baxtea1] 31/7/2018 18:22

Today 17:22 Price: 20.10
ToeDipper 69 posts
RE: Aww poor baxtea
A very sad
and very strange individual that. Nobody and I mean NOBODY cares what he says or thinks

😂😂😂😂

You & IMIN seem to care an awful lot about my posts.
Now you run along with your 4500 shares sunny jim & let the grown ups share deal 😂😂😂

Have a nice evening clowns😂€514;

[jayviperjayviper] 31/7/2018 17:10

Awwww Bax your adorable ha ha ha ha

[michaelsadvfn] 31/7/2018 14:26

No you haven’t.

I’ve reported you for lying.

Jusr reporting that like.

[legionnaire2] 31/7/2018 13:21

That post is libellous and defamatory.
I’ve reported you.

[chinaman 61] 31/7/2018 12:45

Tang and Chow busy making plans to issue more shares to themselves at 20p and then market make them to about 33p and sell at another profit for themselves, typical conman jobI just hope the authorities will take a look at all their news and shares issuance

[chinaman 61] 31/7/2018 10:42

He could be GCM

[jayviperjayviper] 30/7/2018 17:45

Ha ha ha ha

[mickb1234] 30/7/2018 17:32

Jayviper, could Baxtea1 actually be on the board of GCM such is his in-depth knowledge of everything going on at GCM, Bangladesh and China? He consistently calls everything right so it can be the only plausible answer!

[baxtea1] 30/7/2018 14:15

Selling at 19p again today. Perhaps Johnknows was wrong after all & it’s going even lower.

Be a nice ramping spike before next fund raising, coming very soon imo.

[jayviperjayviper] 30/7/2018 13:19

Bax are you invested in GCM?

[chinaman 61] 30/7/2018 12:51

I'm sure Tang is up to something now with the price so slump and no volume, maybe he's issuing shares at 20p to Chow again since he's has issued more than 33M shares todate and probably will issue another 5M shares to his cronies

[jayviperjayviper] 30/7/2018 08:04

06.54 on a Monday morning and your chatting you have Better things to do? That's so cute ha ha