Gcm Resources Share Discussion Threads

[longjohnsilver1] 22/4/2021 19:34

Twenty years the same brown stuff


And price below 8p

[baxtea1] 22/4/2021 19:01

🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;😴😴😴😴
28564;😴€564;😴㈸4;💤💤💤💤💤

[legionnaire2] 22/4/2021 18:52

Never a better opportunity to buy or top up an existing holding if you’re of the opinion this is proceeding.News relating to recent share movements could transform the share price.

[longjohnsilver1] 22/4/2021 17:52

Another day down


Tomorrow friday


No project in view


Bye bye coal

[saveloyandchips] 22/4/2021 17:26

Doesn’t appear to be too long to wait now. I refer to the village idiot disappearing.

[longjohnsilver1] 22/4/2021 17:10

Closing below 8p


Says it all

[888icb] 22/4/2021 17:08

Part 222 Apr 2021 13:54
It is often discussed about carbon neutral situation. That means, the amount of carbon is being released is absorbed by the natural environment. There are technologies to achieve this. We would also be carbon neutral and at the same time will make the right fuel mix.
We are talking about 100 special economic zones. If we cannot ensure energy and water at an affordable and competitive price, we would not be able to attract investment.
Power generation has been increased significantly, from 5,000MW to 20,000MW since 2009. We need to generate 40,000 to 60,000MW in the future. And it cannot be achieved without coal. The USA plans to be carbon neutral by 2035; does it mean they will move completely away from coal? Not that at all. Therefore, we must go for the right fuel mix eyeing on coal.
Well worth reading the whole article, a lot of other good stuff in the magazine too.

hxxps://online.fliphtml5.com/qklxk/xjpe/?1618774537760#p=25

Azad has a deep knowledge of Bangladesh's Energy and Power Sector! Therefore, it's incredibly significant to see him coming out in support of the coal sector, in a webinar that promoted open pit mine development of Bangladesh's coal sector to ensure affordable energy and a strategic mix of resources. Phulbari Coal Project was well promoted and it was particularly satisfying to see Azad also coming to the realistic conclusion that Bangladesh is an insignificant CO2 emitter, even if it added 6+ more large coal power stations!

[888icb] 22/4/2021 17:07

This is the article posted by Pappiklon
Positive and Informative Article Part 122 Apr 2021 13:47
Energy and Power Magazine, lot of positivity in there for utilising 'own coal' If the link doesn't open at right page its Page 25.

hxxps://online.fliphtml5.com/qklxk/xjpe/?1618774537760#p=25

Chief Guest at this webinar was Abdul Kalam Azad who was Bangladesh’s former Power Secretary, then Prime Minister’s Principal Secretary, then Prime Minister’s Principal Coordinator Sustainable Development Goals and more recently appointed as Bangladesh’s Special Envoy of Bangladesh CVF (Climate Vulnerable Forum) who is clearly stating the case for BD's use of own coal, very positive, time to get that submission in?

Abul Kalam Azad, former Principal Secretary and former Power Secretary, said the question is whether we need coal-based power generation and if we do, whether we should use local coal and what should be the share in the power generation mix. And what are the challenges involved with the coal-based power? Whether local coal to be extracted or not. The logic against coal uses is it causes carbon emission. How much contribution do we have to carbon emission? Out of total global emission, our contribution is only 1/1000; 0.33%. If we set up 5-7 more coal-based power plants, the contribution to global carbon emission will be very negligible; the emission reduction effort will also have negligible impacts. Where China, the USA, India, Japan, and Brazil are making a huge amount of carbon emission, then Bangladesh’s contribution does not make any impact on the global carbon emission level.
It would not be wise to be dependent on a single fuel for power generation. We have to make the right mix of fuel. Power has to be made available at affordable costs and there needs to be competitiveness. If underground mining of coal costs US$160 per tonne and if import cost is lower, then why we will go for mining. But if we go for open-cut mining, the costs will be much lower and there is the opportunity for open-cut mining here. The responsibility of technical persons and bureaucrats is to place logical information before political leaders in a simple way for their understanding. So far, we have failed to convince the political leaders. So, we must speak in the language that is fit to make the political leaders understand. I request the experts, let’s work in that line.
Now the question is whether we need local coal or not. What is stated here, will we leave our coal resource of 300 billion dollars’ worth, equivalent to the national budget beneath the ground? Then comes the question of extraction. We need to make the right balance of fuel mix and if we do that and bring the share of coal-based power even down from 35% to 25%, still we need to extract our local coal. Because here the question comes how much coal will be required to feed 25% of coal-based power and whether we can transport this huge amount of coal. It is often discussed about carbon neutral situation. That means, the amount of carbon is being released is absorbed by the natural environment.

[longjohnsilver1] 22/4/2021 17:02

I’m sure the chinese will buy this for......





12p




After 20 years of waiting or



Maybe not....hahahahahahaha

[mickmack] 22/4/2021 16:55

Meanwhile......

Matarbari already late and over budget, needs another bailout 3 times the original cost! Ha ha

Only in Bungladesh. What a bunch of idiots!

[mickmack] 22/4/2021 16:53

Excellent brother Malcolm!

Interesting point made by Pappiklon - "Phulbari Coal Project was well promoted and it was particularly satisfying to see Azad also coming to the realistic conclusion that Bangladesh is an insignificant CO2 emitter, even if it added 6+ more large coal power stations!"

Just 3 more power stations will do!

Ignore the clowns, GCM is gona be huge!

[malcolmyoung] 22/4/2021 16:33

Very good article over on LSE from Pappiklon - worth a read.
I think it is fair to say that I think we are reaching a watershed moment and we may have a reply from Hasina quite quickly.
The targets have been set by the G7 nations, Bangla's Co2 emissions are negligible but I think our partners may just walk if there is no real progress soon.
Trying to think outside the box, what we need is for the US and China to tacitly agree that the Bangladesh situation is unique, Rampal could be fed from Phulbari via a rail link and similarly some of the other coastal plants. The mine mouth generators would be state of the art and all in all - this should go ahead with a nod & wink.
Let's hope so - its now or never.

[longjohnsilver1] 22/4/2021 10:37

Back down again



Hahahahahaha



What a zillion company



Maybe expect a buyout at 12p with a lots of luck hahahahahaha no coal, no project for the past 20 years

[malcolmyoung] 22/4/2021 10:35

...give up posting LongJohn, your mindless, moronic postings are too cringeworthy.... the 'interests on the loan' has to be a new low point for your stupidity.
Virtual climate meeting out of the way by Sunday - decision time.
Anybody see the photo of the coal train in the US. Jaw-dropping is the only word, there must have been over 100 coal wagons on the move, the aerial shot made me initially think it was part of the Trump Mexican wall. I think Biden should be careful what he asks for or is it just a 'Look at me, I'm so concerned about the planet' stance and back to normal next week - COAL, COAL and luvly jubbly COAL

[mickmack] 22/4/2021 09:58

Oh look the village bore Gravey is back. Still waiting for him to back up his lies with some evidence........

Yawn indeed.

[longjohnsilver1] 22/4/2021 09:09

Who’s got the shares?




Polo to reimburse the interests on the loan or just MM’s




All the idiots around will never make money with this. Forget it



Ps the projects is still blocked on board the ever given....hahahahahahahahaha

[glavey] 22/4/2021 02:58

Nick Nack paddywhack give the dog a brain.
Yawn.

[longjohnsilver1] 21/4/2021 23:55

The clown is not sleeping



He must have some nightmares with coal




No project


No coal


Never, ever