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[baxtea1] 21/2/2019 08:14

Calm down dear

[baxtea1] 21/2/2019 07:39

So, the reason Kilkenny sold was due to finding a more attractive investment in AAOG then.

They are obviously of the same opinion as the realists here. Nothing significant happening here in the near future.

Apart from proposal submission pump & dump at some point this year

[jayviperjayviper] 20/2/2019 21:35

Gpback
"I'm so chilled"


I was actually a little bit sick in my mouth!

[behuge] 20/2/2019 16:23

Bangladesh’s energy conundrum
Shooha Tabil
Published at 10:17 pm February 18th, 2019
web-solar-panel
Where the focus should be Bigstock




Fossil fuels continue to be a decisive barrier to clean energy transition


In spite of being the “Next Eleven” emerging economies of this century, Bangladesh is witnessing a trend of moving backwards in terms of energy consumption. Balancing the capitalization on the recent growth rate, while ensuring sustenance of such by not hampering the environment, has become a two-faced obstacle in the way of the industrialization of Bangladesh.

In developing economies, growth in modern sectors like industry, motorized transportation, and urban development requires gigantic growth in energy consumption. But it should also be kept in mind that energy use also reflects climatic and geographic factors. Energy usage has been growing rapidly in low and middle-income countries, with Bangladesh being no exception. Total energy use refers to not only refined petroleum products and nuclear power-based energy consumption, but also to the power usage that comes from combustible renewables, industrial and municipal waste including solid biomass and animal products, and liquid and gas from biomass.

Leaning upon naturally devastating and expensive energy resources like coal and nuclear power plants, in spite of having the scope of using low-cost renewable energy sources, has raised a burning question about the course of Bangladesh’s power-sector policies. The fact of the cost declination of renewable sources is clearly seen in a recent report by the International Renewable Energy Agency (IRENA).The cost of installing 1MW capacity of a solar power plant has been reduced to Tk11 crore from Tk35 crore between 2010 and 2017.

Again, global average cost of electricity (excluding government incentives) from solar photo-voltaic has decreased from Tk28.8/kwh in 2010 to Tk8/kwh in 2017, a solid 72% reduction.Presently, per unit wind and solar electricity is being produced at lower than Tk 3.5 crore. India has set a prominent example regarding the reluctance towards coal, and leaning upon renewable energy. India’s Central Electricity Authority has shown reluctance towards coal plants having lesser profit and proposed shutting down nearly 50,000MW of coal capacity by 2027.

It is important to note that the global cost of coal-induced environmental pollution and health hazards have reached a historical high. The Rampal coal-based power plant, expected to fulfill a chief portion of total energy demand of Bangladesh, has been considered one of the major destroyers of physio-chemical conditions of Mongla and the Sundarbans by the Environmental Impact Assessment (EIA).

It is indicating that climate, topography, air and water quality, land-use pattern, aquatic ecosystems, floral and faunal diversity, capture fisheries, and tourism of the Sundarbans and the surrounding areas would be affected by the proposed power plant. A recent study by Khulna University saysthe benefits of Rampal is very poor are far lower than the negative irreversible impact. Even UNESCOhas raised concerns and anxieties about the impacts of Rampal on the Sundarbans.

According to “Environmental assessment guidelines” by Asian Development Bank (ADB), a coal power plant uses only 33-35% of the coal's heat to produce electricity, and rest of the heat is released into the atmosphere. After using billions of gallons of cooling water, they are released back into the lakes, rivers, or oceans with chlorine or other toxic chemicals, causing thermal pollution, infertility of soil, and destruction of aquatic life.

According to a joint study by University of Rajshahi and Shahjalal University of Science and Technology,the pH values, heavy metal, and organic carbon in the farmland soil suggest that coal mining deteriorated the surrounding water and soil quality.

Apart from the establishments of coal and nuclear power plants, Bangladesh is on the way to have one of the leading markets of solar house systems (SHS) in the last two decades. It has seen the installation of around four million SHS, including some great initiatives by the government, trying to introduce the practice of using renewable energy and compensate for the loss and damage.

But this scenario disguises the grim certainty of some unavoidable factors, like poor quality of a few solar panels which barely contribute to the “solarization” of the country, improper tax incentives, lack of local manufacturing focal points, inappropriate policies, non-regulated pricing, limited authority of Sustainable And Renewable Energy Development Authority, etc.

It is high time our government moved to clean energy from non-renewable based power generation.

Shooha Tabil is a Climate Researcher at Practical Action Bangladesh.

[tidy 2] 20/2/2019 15:57

You tr1 holder Kenny ltd has just issued a tr1 for aaog bought 12.5m over 5%. FYI chaps.

[abconline] 20/2/2019 15:52

Very close to sale out#GCM today any one looking #HNR news due any time

[mclleland] 20/2/2019 15:01

I will bag a few @25p

[cambradjones] 20/2/2019 14:44

This shares price movements are mad.Swings of 7 % on £3k trades.Need to switch off and walk away but you cant when a rns could land any minute and you need to act !

[mickb1234] 20/2/2019 14:41

Behuge20 Feb '19 - 14:23 - 31696 of 31696 (Filtered)

🤣🤣🤣🤣9315; behuge bellend the goat nosher

[jayviperjayviper] 20/2/2019 13:43

Yeah that's the plan providing I'm availablr to make the deal when the spike happens.

[mickb1234] 20/2/2019 12:40

Cam 400k 100k 100k today alone is telling me there's another big seller jumping ship.

Jay it's all guesswork/roulette, I sold at 60p last pump and dump rns, on the first fallback, so i was a bit worried when it shot to 70p but 20 mins later I was smiling again as it was on its way to 36p. It's a crazy share and best to just grab any decent wedge soon as its available.

[baxtea1] 20/2/2019 11:16

Who knows Jay. Guess it depends on how many lemmings get sucked in by the rampers.

I sell tranches during the rises at around every 10p gain. Will start that again from 40p up.
Buy the individual tranches back as it falls.

[cambradjones] 20/2/2019 11:16

The problem is everybody plans to sell on the spike so it maybe over in seconds.Of course if it spikes 20 % do you sell then, what if it carries on to +40/60/80%.Very difficult to guess when to sell.If the submission proposal rns is accompanied by few positive lines of info it may spike and carry on going up over the following days/weeks.Hard to call.

[jayviperjayviper] 20/2/2019 11:07

You think it will surpass 68p on the spike Bax?

I'm probably gonna slice a few off and buy back in on the fall...... Well thats the plan

[baxtea1] 20/2/2019 10:40

Regardless of why. It’s still retraced to here from 70p not long ago.

If there was anything that substantial or significant in the near future it certainly wouldn’t be retracing sub 30p.

Market knows it will just be a quick pump & dump when proposal is submitted. Could still be years & years before/if GOB sign off on it.

Just an opinion, apologies in advance fir upsetting the stress heads

[cambradjones] 20/2/2019 10:32

mick How do you get another big seller ?Mms been bashing it down every morning on tiny volume.Making it look like a seller when theres no volume.