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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gcm Resources Plc | LSE:GCM | London | Ordinary Share | GB00B00KV284 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.05 | 0.91% | 5.55 | 5.50 | 5.75 | 5.625 | 5.50 | 5.50 | 874,090 | 16:35:12 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Coal Mining Services | 0 | -1.32M | -0.0056 | -10.04 | 13.37M |
| Date | Subject | Author | Discuss |
|---|---|---|---|
| 16/1/2019 22:50 | Listen to this h t t ps://youtu.be/1R4_TP | behuge | |
| 16/1/2019 21:10 | From 2016 AGM.....a political issue !! A shareholder said that the Chairman had assured the meeting that the Government of Bangladesh was steadfast in its aim of generating electricity from coal. It was steadfast also in its failure. Had there been any change of attitude in the past year? GCM had offered the opportunity to generate electricity and raise living standards for years. Had the government changed its attitude? Michael Tang said this was a good question. In the past year or so, the Government of Bangladesh had awarded a number of sizeable coal fired power plants to Chinese, Japanese and Indian entities. The government had continued to push forward its plan to power up the country. While GCM faced protracted delays with its project because of opposition in certain quarters, and the fact that it had become a political issue, in the last couple of months the Prime Minister had publicly promoted coal-fired power plants and open pit coal projects. She had made a live telecast to the nation referring to projects in Germany that encompass open pit coal projects that are larger than Phulbari. She was trying to convince detractors that open pit coal mining, if undertaken properly, would safeguard the environment. The shareholder suggested this was a 180 degree change of direction and the Chairman agreed, saying again that the Prime Minister of Bangladesh had gone on record to promote the Phulbari project. In late August she had made a nationwide television broadcast where she had held up images of open pit mines in Germany. She said that coal fired power plants require affordable coal transport, and placing them close to the mine mouth or to a river is good. Supercritical plants emit 40% less carbon and sulphur than sub-critical plants. She stated that there were seven power plants in the North Rhine area of Germany, located close to open pit mines. People live in the area and they construct power plants there. There is a large hillock beside the mine where debris is dumped, and a lake in the final area of the pit which has been turned into a tourist destination. There was some laughter from activist shareholders when Michael Tang said that a lake in the final area of the pit had been turned into a tourist destination. Michael Tang added that the planned Phulbari open pit would be smaller than the German coal pits. | behuge | |
| 16/1/2019 20:27 | This will be different with china.....or not....!! Open Pit Coal Mining. In June 2009, the Clinton Giustra initiative took two millions shares of Polo Resources. Within two months, the US ambassador to Bangladesh helped facilitate open pit mining in that country via the energy advisor to the prime minister of Bangladesh, a move that benefitted – you guessed it – Polo Resources, which had a stake in the Phulbari Mines. In February 2012, the United Nations announced, “The construction of an open-pit coal mine in Bangladesh could displace hundreds of thousands of people and jeopardize their access to basic needs.” The UN recommended that the Phulbari coal mine not be allowed to proceed. | behuge | |
| 16/1/2019 20:06 | No need to convince there's no permit... The FACT is there is NO PERMIT to extract coal... That's what we've been waiting 15 years for. Without it, nothi g can progress. That's why we're at stalemate still, and gcm continue to burn through cash while they wait. | apfindley | |
| 16/1/2019 18:57 | Take over coming maybe or maybe not..........!!!! Take over coming maybe or maybe not..........!!!! Take over coming maybe or maybe not..........!!!! Take over coming maybe or maybe not..........!!!! Take over coming maybe or maybe not..........!!!! Take over coming maybe or maybe not..........!!!! Take over coming maybe or maybe not..........!!!! | behuge | |
| 16/1/2019 18:53 | "Today 17:21 Price: 35.75 WHYAST1605 1,690 posts RE: As it's now toedipper...and you were told via rns at the end of December that due to the negotiations taking longer than expected, for now very obvious reasons, the announcement of the completed JVA would be later than the 31st December 2018 date predicted. Take overs take a little longer to thrash out especially one involving a 5 billion dollar asset." Ha ha that's some uturn by Whyast!!!! | mickb1234 | |
| 16/1/2019 16:58 | GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon | behuge | |
| 16/1/2019 16:31 | Looks like the honeymoon is drawing to a close. Hey ho, maybe next time. | baxtea1 | |
| 16/1/2019 16:23 | GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon | behuge | |
| 16/1/2019 16:03 | Still waiting for Whyasts takeover to happen, according to him it was a done deal, just crossing tbe ts and is. Must be a t the size of the shard 😂😂&# | mickb1234 | |
| 16/1/2019 15:26 | I think the no permit news is already priced in 😂 | baxtea1 | |
| 16/1/2019 15:25 | WHYAST1605 Posts: 1,686 Premium Chat Member Opinion: No Opinion Price: 37.00 RE: relentless buyingToday 15:10Those large sells are buys, the spread was large on the ask side distorting the inaccurate red blue notation. 2019 and we do not even have a way to distinguish accurately buys and sells...I wonder why You wonder why🤔 Could it be because your are talking out the same hole that your bullcack takeover/buyout story came from? | baxtea1 | |
| 16/1/2019 14:48 | Apfindley you are just sooooooooo boring. If you are so convinced there is no permit why do you need to keep saying it? It's almost as if you're trying to convince yourself 😂😂&# | mickb1234 | |
| 16/1/2019 14:47 | GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon GCM 10£ party very soon | behuge | |
| 16/1/2019 14:46 | Another slow day so far with volume of 690000. The share price is continuing to consolidate in this 37-38 area. | 888icb | |
| 16/1/2019 14:46 | Well said Baxy. Good post Al H. | mickb1234 |
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