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GCM Gcm Resources Plc

5.50
0.00 (0.00%)
21 Jun 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
  0.00 0.00% 5.50 5.25 5.75 5.50 5.50 5.50 524,354 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services 0 -1.32M -0.0054 -10.19 13.51M
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 5.50p. Over the last year, Gcm Resources shares have traded in a share price range of 0.85p to 12.50p.

Gcm Resources currently has 245,596,374 shares in issue. The market capitalisation of Gcm Resources is £13.51 million. Gcm Resources has a price to earnings ratio (PE ratio) of -10.19.

Gcm Resources Share Discussion Threads

Showing 93151 to 93174 of 94075 messages
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DateSubjectAuthorDiscuss
09/5/2024
11:26
5p is the Reality
silvstallone
09/5/2024
11:25
🤣🤣🤣🤣 9315;🤣ԍ15;🤣🤣;🤣
silvstallone
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 👍

baxtea1
09/5/2024
10:27
Signed it's doneWell done allOnce rns lands this will be over 20p
crazyworld2
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

silvstallone
08/5/2024
19:33
Another lie for the aficionado of google finance and youtube

Closing price 5.66p down 1.57% on google finance

🤣🤣🤣🤣

WiseOwlSpeak
Posts: 5,438
Price: 5.75
No Opinion
RE: Bangladesh Miss IMF Fx Conditions / Ask China For 36 BILLION Yuan Loan to Reduce Pressure on Dollar Reserves!Today 16:51
Showing +7.48% Up on google finance! 🤔

🦉

silvstallone
08/5/2024
18:04
Still no coal ?

DHAHA, May 8, 2024 (BSS) - With positive response, seven international oil companies (IOCs) joined Bangladesh's offshore international bidding for energy extraction, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said today.

"Many foreign companies are interested to work in Bangladesh. Around 15 international oil companies (OICs) took part in a promotional seminar on "Bangladesh Offshore Bidding Round 2024," in Pan Pacific Sonargaon Hotel today," he added.

Nasrul Hamid said state-run Petrobangla organised the seminar to share the incentives it has offered to the IOCs to take part in the bidding round.

He said Petrobangla floated tender this year considering Bangladesh's interest first, so that the contract could be signed following a win-win situation.

US based energy giant Chevron, ExxonMobil, Chinese CNOOC, ENI took part in the seminar.

A total of 24 offshore blocks -- 15 in deep water and 9 in shallow water -- have been offered in the bidding round to be closed on September 9.

Adviser to Prime Minister Dr. Tawfiq-e-Elahi Chowdhury, BB and State Minister Nasrul Hamid were present as chief guest and special guest respectively in the seminar.

Chairman of Parliamentary Standing Committee on Power, Energy and Mineral Resources Ministry Ziaur Rahman, Petrobangla Chairman Zanendranath Sarkar also spoke on the function.

Energy secretary Md Nurul Alam presided over the seminar.

Later, foreign participants joined answers and questions lively. They also showed their interest in Bangladesh's energy and its future activities.

silvstallone
08/5/2024
17:43
Until the next one

They will have more money to import

Listen to SLY if you wanna get high

DHAKA, May 8, 2024 (BSS) - The International Monetary Fund (IMF) staff and
the Bangladesh authorities have reached a staff-level agreement on the
policies needed to complete the second review of the programmes being
supported by the IMF's Extended Credit Facility (ECF), Extended Fund Facility
(EFF), and Resilience and Sustainability Facility (RSF).

"The staff-level agreement is subject to approval by the Executive Board,
which is expected in the coming weeks. Completion of the second review will
make available SDR704.70 million (about US$932 million, equivalent of 66
percent of quota) under the ECF/EFF and SDR166.68 million (about US$220
million, equivalent of 15.6 percent of quota) under the RSF," said Chris
Papageorgiou, IMF Mission Chief to Bangladesh, at press briefing at the
Finance Ministry conference room in the city today.

An IMF mission team led by Chris Papageorgiou visited Dhaka during April 24 -
May 8, 2024 to discuss economic and financial policies in the context of the
second review of the IMF's ECF, EFF and RSF.

In his speech, Chris Papageorgiou said the authorities have made significant
progress on structural reforms under the IMF-supported program, including the
implementation of a formula-based fuel price adjustment mechanism for
petroleum products.

"Nonetheless, larger-than-expected spillovers from tightening of global
financial conditions, and still elevated international commodity and food
prices, coupled with domestic vulnerabilities, has led to persistently high
inflation and declining foreign exchange (FX) reserves. This has exacerbated
pressures on the economy and heightened the complexity of macroeconomic
challenges," he added.

He said, "Against this backdrop, we welcome Bangladesh Bank's bold actions to
realign the exchange rate and simultaneously adopt a crawling peg regime with
a band as a transitional step toward greater exchange rate flexibility to
restore external resilience. Following the liberalization of retail interest
rates, additional tightening of monetary policy should help alleviate any
inflationary pressures resulting from the exchange rate reform. Fiscal policy
should support these monetary tightening efforts through revenue-based
consolidation. If external and inflationary pressures intensify, the
authorities should stand ready to tighten policies further."

"The macroeconomic outlook is expected to gradually stabilize as policy
actions start to take hold. Real GDP growth is projected to moderate to 5.4
percent in FY24 owing to the ongoing import compression and policy
tightening. However, it is anticipated to rebound to 6.6 percent in FY25 as
imports rebound and FX pressures ease. Inflation is projected to remain
elevated at approximately 9.4 percent (year-on-year) in FY24 but is
anticipated to decline to around 7.2 percent in FY25, on the back of the
continued tighter policy mix and projected lower global food and commodity
prices. Nevertheless, uncertainties surrounding the outlook remain high, with
risks predominantly leaning towards the downside," he added.

He said, "Considering Bangladesh's low tax-to-GDP ratio, it is imperative to
prioritize sustainable revenue generation to bolster investments in social
welfare and development initiatives. To this end, tangible tax policy and
administrative measures should be incorporated into the FY25 budget to
augment tax revenues by 0.5 percent of GDP. At the same time, a medium- and
long-term revenue strategy, with an accompanying implementation framework,
should guide future reforms. Reducing subsidies, improving expenditure
efficiency, and managing fiscal risks will allow for additional spending on
social safety nets and growth-enhancing investment."

"Reducing banking sector vulnerabilities remains a priority. Efforts to
implement the non-performing loan reduction strategy should help support the
growing financing needs of the economy. At the same time, Bangladesh Bank
should continue the transition to risk-based supervision to enhance financial
sector resilience, while continuing legal reforms to improve corporate
governance and regulatory frameworks. Looking ahead, domestic capital market
development will be instrumental in mobilizing long-term financing to support
growth," he added.

He said, "Maintaining the reform momentum is critical to align with the
authorities' goal of reaching upper middle-income country status by 2031.
Diversifying trade, attracting more foreign direct investment, enhancing the
investment climate, and strengthening governance will be crucial in this
regard."

"Building resilience to climate change will help mitigate macroeconomic and
fiscal risks. Ongoing efforts to strengthen institutions and enhance spending
efficiency would help meet climate objectives and mobilize climate finance,
particularly from private sources. At the same time, the government should
prioritize climate-responsive fiscal management reforms and undertake green
and resilient infrastructure investment. Better management of climate-related
risks will enhance financial sector resilience as well," he added.

He mentioned that the IMF team is grateful to the Bangladesh authorities and
other stakeholders for their hospitality and candid discussions.

"The team held meetings with State Minister of Finance Waseqa Ayesha Khan,
Bangladesh Bank Governor Abdur Rouf Talukder, and other senior government and
Bangladesh Bank officials. The team also met with representatives from the
private sector, think tanks, bilateral donors, and development partners," he
added.

silvstallone
08/5/2024
17:10
Have you got an LSE account?
Just post on there if you have.
The abundance of filtered posts doesn’t bother me to be fair, you get used to just ignoring them. 😂

baxtea1
08/5/2024
16:59
Good afternoon Bax, oh I do have him filtered but its impossible to ignore his trail of filtered posts, he's still annoying even though I've no idea what he posts. I've seen enough over the years to know beyond any doubt whatsoever that he is chatting absolutely nonsense broken English offensive repetitive lies and speculation. He's like herpes.... always there lurking ha ha
philrudd74
08/5/2024
16:52
🤣🤣🤣🤣 9315;🤣

The guy has google finance and youtube as reference

🤣🤣🤣🤣 9315;🤣


WiseOwlSpeak
Posts: 5,436
Price: 5.75
No Opinion
RE: Bangladesh Miss IMF Fx Conditions / Ask China For 36 BILLION Yuan Loan to Reduce Pressure on Dollar Reserves!Today 16:51
Showing +7.48% Up on google finance! 🤔

🦉

silvstallone
08/5/2024
16:47
Cambrad stop taking advice on a board


I bet you bought once again on the pump

Jeez how many times you’ve been warned ?

silvstallone
08/5/2024
16:45
Trading today again and making loads of 🤑🤑🤑🤑
silvstallone
08/5/2024
16:44
How is it still possible to buy big volume easy when everybody should be keeping

This beauty and waiting for 8£

🤣🤣🤣🤣 9315;🤣ԍ15;🤣

silvstallone
08/5/2024
15:59
May be pi’s shares being hoovered up now again as well. Bored punters selling up, lots will have a short term profit from 1p+

They’ll keep spiking & dropping it until they can’t get anymore stock off people. Happened after the last fund raise. Once that was done the share price went up to 13p.
Only reason it dropped again was because of the latest fund raise.

On the plus side, GCM are financially secure for another 15 months plus. In which time we’ll hopefully have an income from selling the overburden products from the diggy diggy 😄👍

baxtea1
08/5/2024
15:50
Yeah, but another day's gains wiped out again. Yeah I know its the placing shares !!!
cambradjones
08/5/2024
15:43
Looks like we’ll be hitting 4mil + in trades again today 😄🚀🚀
baxtea1
08/5/2024
13:31
Some on lse are dreaming about a 100p takeover when the share price is 6p

Good to dream for 20 years

silvstallone
08/5/2024
13:21
Quick profit trading this
silvstallone
08/5/2024
12:58
You got that right Tut 😂

Coming up on 3 mil traded. If all the subscription shares are traded we should continue with the uptrend 🚀🚀

baxtea1
08/5/2024
11:21
Keeping the price low for a cheap as chips takeover

Then they will do what they want without the PI’s

silvstallone
08/5/2024
11:20
Traders are loading for the next pump

Easy 50%

silvstallone
08/5/2024
11:09
He doesn't bother me. He just a W##k.
tutthetrader
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