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GCM Gcm Resources Plc

6.125
0.375 (6.52%)
09 May 2024 - Closed
Delayed by 15 minutes
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
  0.375 6.52% 6.125 6.00 6.25 6.125 5.75 5.75 3,008,562 15:08:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services 0 -1.32M -0.0056 -10.93 14.55M
Gcm Resources Plc is listed in the Coal Mining Services sector of the London Stock Exchange with ticker GCM. The last closing price for Gcm Resources was 5.75p. Over the last year, Gcm Resources shares have traded in a share price range of 0.85p to 12.50p.

Gcm Resources currently has 237,825,076 shares in issue. The market capitalisation of Gcm Resources is £14.55 million. Gcm Resources has a price to earnings ratio (PE ratio) of -10.93.

Gcm Resources Share Discussion Threads

Showing 77626 to 77643 of 93200 messages
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DateSubjectAuthorDiscuss
21/3/2021
08:21
The project is coming by feet from china ???




Hahahahahahahah




And the idiots still believes in this

longjohnsilver1
21/3/2021
00:44
[49486] No link for me Nick Nack?
glavey
20/3/2021
22:33
“The Master” hahahahah - you utter idiot!
saveloyandchips
20/3/2021
21:02
Hmmmmm it’s smelling brown stuff around





Oh no it’s just the clown posting after the master




Hahahahahaha ready for the 3rd lockdown girls

longjohnsilver1
20/3/2021
20:12
Some morons



Still believes in this after 20 years



Hahahahahahahahahah

longjohnsilver1
20/3/2021
18:32
I think the article I posted about the global coal is worth repeating as there is a moron who spams this bb with lies about coal being finished. Well the banks of the top 5 countries involved in Coal financing have over the last 2 years provided US$700 BILLION yes BILLION.
Tales of the death of coal would seem to be greatly exaggerated in fact a complete lie.
Interesting article about coal posted on another bb

Funding for Coal Projects
On a similar theme we sometimes get those stating that funding for coal fired generation is not happening. Well based on the article below, itself from a ECO publication (so it must be true)- according to coalexit.org funding for coal projects has actually increased since the 2016 Paris Accord.

'While Chinese banks account for less than 6% of total lending to the coal industry, they account for 58% of underwriting. Through their underwriting, Chinese banks channeled US$ 467 billion to the coal industry over the past two years. Next in line are US banks (US$ 104 billion), Japanese banks (US$ 59 billion), Indian banks (US$ 36 billion) and UK banks (US$ 35 billion)'
hxxps://coalexit.org/sites/default/files/download_public/Financing%20GCEL%202020_Press%20Release_urgewald.pdf

This post is just to reflect what is really happening rather than what some would have us believe, however it's unlikely with NFC and Power Chinas' commitment to the project there will be any issue re funding the project itself

888icb
20/3/2021
18:09
No coal


No project



No money


No GOBD interest


No PSMP this year


Bye bye coal

longjohnsilver1
20/3/2021
16:07
Just remember folks this is a pump and dump
longjohnsilver1
20/3/2021
15:30
satan - absolutely, pieces of the jigsaw are fitting together. It could have easily gone the other way with coal & LNG prices falling, but a hike of 81% and issues between Beijing & Canberra - great, we love it.....ha ha ha £10 ha ha ha...GCM will BEHUGE
malcolmyoung
20/3/2021
15:01
Great insight Brother Mal

81% up in 6 months. It certainly does not look like coal is dead just yet.

therealsatan666
20/3/2021
14:23
Bye bye coal



No project




On Sunday, the government signed an agreement with the Japan International Cooperation Agency (Jica) for a new power system master plan, with a vision to promote a low or zero-carbon transformation of the total energy supply and demand system.

longjohnsilver1
20/3/2021
13:55
....good post from redeyemines over on LSE - China has secured most of the Asia production, for it's own use, and the rest of the world has been left to chase what is left.
Coal has now risen by over 81% since Sept 2020, and shows no signs of reversing.
81% rise in six months, it doesn't matter how much you dream of nuclear, giant solar fields or non-existent wind in the Bay of Bengal, that import bill for coal & LNG will hammer their foreign exchange reserves.
I saw a great article in the New York Times the other day about Beijing's desire to achieve carbon neutrality by 2060.....blah, blah, blah...all very commendable.
The Chinese also detailed their plans to create 20% (one-fifth) of their power from renewables by 2030. errr.. leaving 80% coming from coal.
One of the key reasons for this is that there is considerable life left in the coal generators and whilst this power demand exists, from a financial perspective, there is no reason to shut them down.

Which neatly leads back to redeyemines and his post that China is cornering the market in coal deposits. In addition, I understand they have stopped buying Oz coal from BLT / S32 because of the ongoing spat with Canberra.
Will this lady be for turning ???

malcolmyoung
20/3/2021
13:17
Thanks for the very informative and positive article 888. Much appreciated
therealsatan666
20/3/2021
12:57
New PESMP unlikely this year....hahahahahahaha



One more year

One more decade

longjohnsilver1
20/3/2021
00:53
Interesting article about coal posted on another bb

Funding for Coal Projects
On a similar theme we sometimes get those stating that funding for coal fired generation is not happening. Well based on the article below, itself from a ECO publication (so it must be true)- according to coalexit.org funding for coal projects has actually increased since the 2016 Paris Accord.

'While Chinese banks account for less than 6% of total lending to the coal industry, they account for 58% of underwriting. Through their underwriting, Chinese banks channeled US$ 467 billion to the coal industry over the past two years. Next in line are US banks (US$ 104 billion), Japanese banks (US$ 59 billion), Indian banks (US$ 36 billion) and UK banks (US$ 35 billion)'
hxxps://coalexit.org/sites/default/files/download_public/Financing%20GCEL%202020_Press%20Release_urgewald.pdf

This post is just to reflect what is really happening rather than what some would have us believe, however it's unlikely with NFC and Power Chinas' commitment to the project there will be any issue re funding the project itself

888icb
19/3/2021
22:36
Bye coal the next PSMP will be very interesting.....



On Sunday, the government signed an agreement with the Japan International Cooperation Agency (Jica) for a new power system master plan, with a vision to promote a low or zero-carbon transformation of the total energy supply and demand system.

The decision to prepare the master plan is a welcome move, said the CPD.

This is particularly important when Bangladesh is in the process of the energy transition with a view to scaling down the use of fossil fuel and boosting the use of renewable energy.

longjohnsilver1
19/3/2021
22:14
No worries girls



Next week will be better, the project is coming by foot from china


Hahahahahahahahahahahahahaha

longjohnsilver1
19/3/2021
20:40
Cor, strike a light guv'nor, that's an awful lot of money going into luvly jubbly coal projects - While Chinese banks account for less than 6% of total lending to the coal industry, they account for 58% of underwriting. Through their underwriting, Chinese banks channelled US$ 467 billion to the coal industry over the past two years. Next in line are US banks (US$ 104 billion), Japanese banks (US$ 59 billion), Indian banks (US$ 36 billion) and UK banks (US$ 35 billion)'
Rock-on GCM - you are going to BEHUGE ha ha ha £10 and more.....

malcolmyoung
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