Gcm Resources Share Discussion Threads

[jayviperjayviper] 15/2/2019 08:16

What I don't understand is these last minute claims of significant buys just at the bell or after hours the the next day it drops about 7%?

I know I'm a bit green here like but WTF?

[baxtea1] 15/2/2019 08:04

It’s ridiculous how much time they spend on the BB trying to pump up the price. Try to make out they arnt bothered when it drops is the funniest.

You hit the nail on the head the other day Mick.

Clowns like that with their ridiculous ramping, lies & misleading info for years & years actually has an adverse effect on the share price It encourages the flaky £100 punters but actually puts a lot of investors off.

[888icb] 15/2/2019 08:04

It is possible that Kilkenny have been a front for someone else and they have now transferred their shares to whoever they were holding them for. Not said with any knowledge but food for thought.

[mickb1234] 15/2/2019 07:56

"Today 07:50 Price: 28.00
GPback 5,760 posts
RE: Baiting
Even if our deal isn’t announced you can bet your life that it’s discussed."

Even if a deal isn't announced you can bet your life for the next 10 years you'll still be staying it is imminent. 🤣🤣🤣🤣

[timw3] 14/2/2019 23:04

pretty decent buy that well over ask

[cambradjones] 14/2/2019 21:33

Just noticed that large buy right at the end.Hopefully open up in the morning and carry on northwards.

[888icb] 14/2/2019 20:40

A nice 149128 Buy seconds before the close at 29.5p.

[timw3] 14/2/2019 20:26

Massive progress in power

[ssrover] 14/2/2019 20:23

Thats some buy reported after close and well over offer price..

14-Feb-19 16:29:50 29.50 149,128 Buy* 27.00 29.00 43.99k

[mrshaungcm] 14/2/2019 20:07

The authorities are expected to start large-scale coal import by August this year to run US$ 1.98 billion Payra power plant in Patuakhaili in southern Bangladesh.

The Bangladesh-China Power Company Limited (BCPCL), the executing agency of the 1,320 megawatt (MW) thermal power plant, would import annually around 4.0 million tonnes of coal from Indonesia to run the facility.

Bangladesh did not import large quantity of coal before as its major requirement was being met by the country's lone-operational Barapukuria coalmine.



The mine has an annual capacity to extract around 1.0 million tonnes of coal.

The Payra coal-fired power plant would be the first to be run on imported coal.

"We've already initiated a deal to import coal from an Indonesian supplier to import coal to run the power plant," the power company's managing director AM Khorshedul Alam told the FE on Tuesday.

The final coal purchase deal with the Indonesian firm would be inked after vetting from the law ministry, he said.

Mr Alam, however, refused to disclose the coal price as the deal was not finalised yet.

He, however, said that the coal import price would be linked with that of the international market.

The company's top executive expressed the hope that the first unit having 660 MW capacity would be operational by August 2019 and the second one having the similar capacity by February 2020.

The company is a 50:50 joint venture between Bangladesh's North-West Power Generation Company Ltd (NWPGCL) and China's China National Machinery Import and Export Corporation (CMC).

The proposed power plant is some 320 kilometers south of Dhaka and is close to the proposed Payra sea port. The joint venture would provide 20 per cent equity to implement the power plant project and the remaining 80 per cent is being sourced as loan from Exim Bank of China.

The power plant would require around 12,000 tonnes of coal daily to generate electricity.

The government has issued a US$ 1.0 billion worth of state guarantee in favour of the Chinese loan.

The government has also allocated 998.77 acres of land to the NWPGCL for implementing the project on a turnkey basis by using eco-friendly ultra super critical technology.

Currently, the country has five coalmines, but coal extraction is limited to only one coalmine at Barapukuria in Dinajpur, utilising the underground coalmining method.

The Barapukuria Coal Mining Company Ltd (BCMCL) is annually extracting around 1.0 million tonnes of coal, most of which is consumed by the nearby Barapukuria thermal power plant.

According to the Power System Master Plan, the government has a plan to generate around 50 per cent of the country's overall electricity from coal. To implement the plan, the government will have to generate around 12,000 megawatts (MW) of electricity from coal by 2024, 20,000 MW by 2030, and 30,000 MW by 2041.

But the country now has only three coal-fired power plants having a total generation capacity of only 524 MW.

[baxtea1] 14/2/2019 18:28

Also worth remembering that deadlines & estimated dates are never hit here so I wouldn’t take the 28th as a sure thing

[cambradjones] 14/2/2019 17:05

Ive just filtered him. Every bb has a superhero who wants to save pi, s with his words of wisdom.Nothing to do with his probable short !Strange day didnt expect that fall at all, down over 16% at one stage then claws back 11 % in the last half hour.Mmmmmmm.

[neo26] 14/2/2019 16:15

For decision...

[neo26] 14/2/2019 16:14

Very volatile this one.They will submit proposal by end of month, how long will it take?

[cambradjones] 14/2/2019 16:08

mickThought you did well timing your buy yesterday, not so sure now ! Lol.Didnt expect this today but in another 2 weeks the share price could be well up from here.

[neo26] 14/2/2019 15:55

SsroverWhy will this be trading in mid 40's in 2 weeks, trying to do research on this co all i see is personal attacks.

[baxtea1] 14/2/2019 15:39

& people wonder why they get spiked 🙄

[neo26] 14/2/2019 15:35

so what is happening on the 28th feb?

[apfindley] 14/2/2019 15:16

Haha, price movement alerts.... what's up, are you nervous about the price dropping here as pumpers exit and leave you holding stock you can't sell.Shows you've finally realised there's no permit to mine and the company are literally on a wing and a prayer.