Gcm Resources Share Discussion Threads

[philrudd74] 09/5/2024 15:40

Another very busy day. I cant remember a period of this much activity for some time. You can feel the tension in the air. News could drop at any given moment good or bad and I can't see it being the later to be quite honest. Most optimistic I've been in years.

Good luck to all LTHs

[silvstallone] 09/5/2024 14:58

I wonder why the share price is not in the £ with all the apparent good news!!!


Maybe because some well informed people know the offer will be very low

And that hasina will let the final decision to the new generation in a few years…

[silvstallone] 09/5/2024 14:56

On google finance 🤣🤣🤣🤣9315;

WiseOwlSpeak
Posts: 5,449
Price: 5.75
No Opinion
RE: Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi ChowdhuryToday 14:50
Up +8.52% on google finance!

🦉

[baxtea1] 09/5/2024 14:55

Slower start but over £2mil in trades come through now

[baxtea1] 09/5/2024 14:54

Searcher on LSE found it Cam.

Yeah, as good as from the horses mouth that Phulbari is going ahead.

Just need to wait out the stock manipulation

[silvstallone] 09/5/2024 14:25

More time will be needed to analyse the situation in Bangladesh

Hasina will take her time and will let the hot potato to the new generation

SP speak for itself

[silvstallone] 09/5/2024 14:24

And price not moving for a reason

Who’s selling a single share of this zillion company?

[cambradjones] 09/5/2024 14:19

That news snippet has suddenly caused a flurry of buying.Nice find !

[baxtea1] 09/5/2024 13:59

Big buys pouring in now at full ask.

Hold on to your hats Boomtown astronauts 🚀🚀🚀🚀8640;


IN BAXY WE TRUST 👊

[baxtea1] 09/5/2024 13:57

Bangladesh faces challenge created by others: Tawfiq-e-ElahiToday 13:46
Prime Minister's Energy Advisor Tawfiq-e-Elahi Chowdhury, Bir Bikram, today said Bangladesh was facing challenge not to be created by it rather it is created by others.

"Some countries were responsible for certain crises of dollar and others as current wars (in the world) created volatile situation," he said at a seminar on Geology for Sustainable Development organized by Bangladesh Geological Survey Department (GSB) at Petrocenter in Dhaka.

Chowdhury urged the scientists for making recommendations based on knowledge and information for taking necessary measures.

Speaking as the special guest, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has underscored on maximum utilization of mineral resources.

"We have to ensure maximum utilization of mineral resources for development of our country as today many countries became developed depending on mineral resources," he said.

hxxps://www.daily-sun.com/post/747388

[baxtea1] 09/5/2024 13:55

The news from the Bangladesh Government is starting to leak out, get ready for Boomtown 🚀🚀🚀

Bangladesh faces challenge created by others: Tawfiq-e-ElahiToday 13:46
Prime Minister's Energy Advisor Tawfiq-e-Elahi Chowdhury, Bir Bikram, today said Bangladesh was facing challenge not to be created by it rather it is created by others.

"Some countries were responsible for certain crises of dollar and others as current wars (in the world) created volatile situation," he said at a seminar on Geology for Sustainable Development organized by Bangladesh Geological Survey Department (GSB) at Petrocenter in Dhaka.

Chowdhury urged the scientists for making recommendations based on knowledge and information for taking necessary measures.

Speaking as the special guest, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has underscored on maximum utilization of mineral resources.

"We have to ensure maximum utilization of mineral resources for development of our country as today many countries became developed depending on mineral resources," he said.

hxxps://www.daily-sun.com/post/747388

[silvstallone] 09/5/2024 13:37

No interest in coal

International community will provide funds to go green


State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that green energy transition needs coordinated initiative and major investment.

“The developed world, including Europe, is moving towards renewable energy. We also need to increase the use of renewable energy,” he said while addressing “2024 Policy Dialogue on Sweden-Bangladesh Partnership in Renewable Energy within the RMG Sector” at a Dhaka hotel today.

The Swedish Embassy, Swedish Energy Agency and Sweden-Bangladesh Business Council jointly organised the event.

The state minister said, in sync with the changing world, Bangladesh is also working to expand and increase the use of renewable energy.

“Efforts to provide clean electricity to businesses are continuing through net metering systems, rooftop solar, import of hydropower, and increased use of energy efficient appliances,” he added.

He said the Power Division has already developed a structure of draft on 'Corporate Power Purchase Agreement (CPPA)' to supply electricity generated from renewable energy to factories including the apparel industry. Initially such CPPA will be signed with some factories on a pilot basis.

Under the CPPA, renewable energy will be used round the clock which will require high storage capacity, he said, adding, in that case, costs of electricity will go up due to the use of the storage facility.

“Finally, we need to move to a smart grid. There should also be a policy on these additional costs and technology costs,” he observed.

The State Minister also said that sustainable development is not a European agenda or a global agenda, to survive in the competitive world, we also have to live with sustainable development and green transition.

He said that Vietnam and Sri Lanka are doing business focusing on efficiency, automation, business environment and Bangladesh also needs to compete more efficiently to survive.

Nasrul Hamid mentioned that global apparel brand H&M showed in their presentation that Bangladesh exports products worth $3 billion dollars a year to three Swedish companies: H&M, LINDEX and IKEA.

“Garments are supplied to the three companies through 200 suppliers, employing 5 lakh workers. The company aims to reduce greenhouse gas emissions by 50 percent by 2030,” he said.

Among others, Head of Delegation of the European Union to Bangladesh Ambassador Charles Whiteley, Ambassador of Sweden to Bangladesh Alexandra Berg von Linde, Chairman of Bangladesh Power Development Board (BPDB) Md. Mahabubur Rahman and Country Manager of H&M Ziaur Rahman spoke on the occasion.

[baxtea1] 09/5/2024 13:36

Bangladesh Government statement in all the press now.

He also said that the government wants to utilise all the mines and mineral resources for the development of the country.

hxxps://businesspostbd.com/economy/countrys-all-economic-challenges-originated-from-foreign-nations-energy-adv

IN BAXY WE TRUST 👊

[silvstallone] 09/5/2024 13:36

So many good news that the share price is stagnant at 6p

And more people are selling…


When will i cash my 8£

🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;🤣🤣🤣

[baxtea1] 09/5/2024 13:35

Bangladesh Government statement in all the press now. Go ahead imminent 🚀🚀🚀

He also said that the government wants to utilise all the mines and mineral resources for the development of the country.

hxxps://businesspostbd.com/economy/countrys-all-economic-challenges-originated-from-foreign-nations-energy-adv


IN BAXY WE TRUST 👊

[silvstallone] 09/5/2024 13:31

No coal under Hasina

SP says it all

[baxtea1] 09/5/2024 12:45

“He also said that the government wants to utilize all the mines and mineral resources for the development of the country.”

hxxps://www.dhakatribune.com/amp/bangladesh/346068/energy-advisor-bangladesh%E2%80%99s-economic-challenges

[baxtea1] 09/5/2024 12:44

Nice Searcher find 👍


“He also said that the government wants to utilize all the mines and mineral resources for the development of the country.”

hxxps://www.dhakatribune.com/amp/bangladesh/346068/energy-advisor-bangladesh%E2%80%99s-economic-challenges

[silvstallone] 09/5/2024 11:57

No interest in coal

International community will provide funds to go green


State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that green energy transition needs coordinated initiative and major investment.

“The developed world, including Europe, is moving towards renewable energy. We also need to increase the use of renewable energy,” he said while addressing “2024 Policy Dialogue on Sweden-Bangladesh Partnership in Renewable Energy within the RMG Sector” at a Dhaka hotel today.

The Swedish Embassy, Swedish Energy Agency and Sweden-Bangladesh Business Council jointly organised the event.

The state minister said, in sync with the changing world, Bangladesh is also working to expand and increase the use of renewable energy.

“Efforts to provide clean electricity to businesses are continuing through net metering systems, rooftop solar, import of hydropower, and increased use of energy efficient appliances,” he added.

He said the Power Division has already developed a structure of draft on 'Corporate Power Purchase Agreement (CPPA)' to supply electricity generated from renewable energy to factories including the apparel industry. Initially such CPPA will be signed with some factories on a pilot basis.

Under the CPPA, renewable energy will be used round the clock which will require high storage capacity, he said, adding, in that case, costs of electricity will go up due to the use of the storage facility.

“Finally, we need to move to a smart grid. There should also be a policy on these additional costs and technology costs,” he observed.

The State Minister also said that sustainable development is not a European agenda or a global agenda, to survive in the competitive world, we also have to live with sustainable development and green transition.

He said that Vietnam and Sri Lanka are doing business focusing on efficiency, automation, business environment and Bangladesh also needs to compete more efficiently to survive.

Nasrul Hamid mentioned that global apparel brand H&M showed in their presentation that Bangladesh exports products worth $3 billion dollars a year to three Swedish companies: H&M, LINDEX and IKEA.

“Garments are supplied to the three companies through 200 suppliers, employing 5 lakh workers. The company aims to reduce greenhouse gas emissions by 50 percent by 2030,” he said.

Among others, Head of Delegation of the European Union to Bangladesh Ambassador Charles Whiteley, Ambassador of Sweden to Bangladesh Alexandra Berg von Linde, Chairman of Bangladesh Power Development Board (BPDB) Md. Mahabubur Rahman and Country Manager of H&M Ziaur Rahman spoke on the occasion.

[silvstallone] 09/5/2024 11:26

5p is the Reality

[silvstallone] 09/5/2024 11:25

🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;🤣

[baxtea1] 09/5/2024 11:22

Only 1/2 mil traded today. Subscription shares all traded now 🤷‍a94;️
We’ll soon know if we start heading to Boomtown again 🚀🚀🚀

IN BAXY WE TRUST 👊

[baxtea1] 09/5/2024 10:46

Lol, wishful thinking.

Go ahead to open pit mine will be announced by Hasina to the nation first. That’s based on feedback from recent AGM.

As for your 20p on approval. You’ll be a lot closer with a £1.20 prediction 👍

[crazyworld2] 09/5/2024 10:27

Signed it's doneWell done allOnce rns lands this will be over 20p

[silvstallone] 09/5/2024 08:51

Do you really think the BOD will let you buy one single share if this was going to explode 🤣🤣🤣🤣

techguru91
Posts: 876
Price: 5.75
No Opinion
Added 100k at 5.94pToday 08:47
Continuing to build a large position whilst prices remain cheap