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[baxtea1] 18/1/2019 08:19

Morning Martin.

Yep, same ol. Not unexpected at all based on history here. Unfortunately most who piled in yesterday, their historical knowledge & research probably only stretched back 2 minutes of LSE BB reading

[martinfrench] 18/1/2019 08:17

I expect mm to try and create a frenzy at open, if no appetite down to low 30s

Many learnt from yesterday ? Nope

[888icb] 18/1/2019 08:05

There’s a first for the week UP on opening rather than the usual down!

[baxtea1] 18/1/2019 07:31

Although profit on lse talks bolox. This fella absolutely highlights the lack of knowledge punters have who dived in yesterday.

“All the other mines in the region” 🤔

“Operate normally” Obviously not including Barapukuria in that statement. Which other mines are you referring to chap? 😂😂


Fourprinces
Posts: 3,362
Premium Chat Member
Opinion: No Opinion
Price: 38.25
RE: GCMToday 07:26And yet all the other mines in the region seem to operate perfectly normally despite

[baxtea1] 18/1/2019 07:26

fanny smacker18 Jan '19 - 07:13 - 30328 of 30330 (Filtered)


Whatever idiot 😴😴😴

Your user id says it all, bye bye

[baxtea1] 18/1/2019 07:24

I personally can’t see it going that low again but you never know with this.

Certainly a step in the right direction though & it does make me feel more optimistic that we will get the goahead someday.

Just be aware it won’t be in the ridiculous short timescales the rampers will continue to pump. They’ll be using the 28th Feb as a definite submission date & then pumping the SOD approval will be 5 minutes later.

[strongbuy] 18/1/2019 07:16

Agreed baxtea1
You are correct, it was obvious that there would be an initial spike here but I think it will retract for at least 9 months but eventually if by luck the gcm team get approval then it should surpass yesterday’s price however remember the chinese are very astute and they have said GCM’s part of the deal is to get approval- I think if they don’t get it and the chinese have to get it over the line then gcm will become the minority shareholders in this!
Imho and waiting for the 10p to 15p range which could come on the next few days !

[fanny smacker] 18/1/2019 07:13

Hey Bax

talking about spike were you not buying from 200p to 10p down?

[baxtea1] 18/1/2019 06:22

Idiots up all night on lse whinging and blaming derampers for them getting spiked at 60-70p.

You got spiked here because you piled in on a get rich quick punt, doing zero research & not understanding the RNS, if you even read it.

Take responsibility for your own actions. That’s half the problem with this country & the blame culture thats been adopted

[baxtea1] 18/1/2019 06:06

Historically no deadline or estimated time for anything has been hit here so I wouldn’t call 28th Feb a definite.

They have said this JV stands for 12 months so make of that what you will.

Also, even if they manage 28th Feb it is merely submit proposal. You’ve then got Bangla speed of even looking at it. Then they’ll probably form another committee to go through it. You know what they’re like.

Appreciate rampers won’t like that opinion but that’s all it is, an opinion based on my experience here

Cheers

[behuge] 17/1/2019 23:58

Bag of tea you mean 😂😂😂 the 🤡 around. He Knows everything but knows nothing

[spacedust] 17/1/2019 23:44

Maybe bax of tea knows the answer ? Or perhaps someone can email them. I'll send an email tomorrow

[behuge] 17/1/2019 23:12

No formal proposal has been made to GOB. Will the date of 28th February be respected? this is a mistery as no mention from GCM/Powerchina hence we may suppose that yes it still stand for the 28th IMHO

[viku111] 17/1/2019 22:56

So now that this signed... does the proposal submission to Govt dated 28th Feb still stand? (Per the RNS from 27th Nov 2018)

[spacedust] 17/1/2019 21:54

60million to date......gcm have been around for decades and nothing comes free.

Not even the...... (wait for it)..... bax of tea in your kitchen lol hahahaha

[spacedust] 17/1/2019 21:53

60million to date......gcm have been around decade and nothing comes free. Not even the...... (wait for it)..... bax of tea in your kitchen lol hahahahahahahaha

[shujja1] 17/1/2019 21:37

GCM has invested some US$60 million to-date for its Bangladesh projects.

[spacedust] 17/1/2019 20:46

Will GoB say no to a hand that feeds them....

POWERCHINA has made a strong contribution to Bangladesh, having completed 10 infrastructure projects including 5 power plants totaling US$750m and 12 current projects amounting to US$4.6 billion including two coal fired power plants of 1,670MW. 

[shujja1] 17/1/2019 20:37

We should be more the what we have spent