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GCM Gcm Resources Plc

2.80
0.90 (47.37%)
14 Mar 2025 - 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 Shares Traded Last Trade
  0.90 47.37% 2.80 7,509,914 15:31:05
Bid Price Offer Price High Price Low Price Open Price
2.60 3.00 2.85 1.90 1.90
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services -1.39M -0.0050 -5.60 5.25M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:24:23 O 17,307 2.86 GBX

Gcm Resources (GCM) Latest News

Gcm Resources (GCM) Discussions and Chat

Gcm Resources Forums and Chat

Date Time Title Posts
14/3/202522:42GCM - Long termers, banter & research67,616
29/3/202410:17GCM Resources - Now a Serious Takeover Target44
13/4/201918:44Ј5+7
02/1/201901:31GCM - (Asia Energy) Phulbari promo literature107
01/10/201812:38GCM .... She's about to go BALLISTIC8

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Gcm Resources (GCM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-03-14 16:24:242.8617,307494.98O
2025-03-14 16:22:512.8769,5471,996.00O
2025-03-14 16:13:132.8875,0002,160.00O
2025-03-14 16:10:092.87250,0007,175.00O
2025-03-14 16:09:093.001,80054.00O

Gcm Resources (GCM) Top Chat Posts

Top Posts
Posted at 15/3/2025 08:20 by Gcm Resources Daily Update
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 1.90p.
Gcm Resources currently has 276,366,000 shares in issue. The market capitalisation of Gcm Resources is £7,738,248.
Gcm Resources has a price to earnings ratio (PE ratio) of -5.60.
This morning GCM shares opened at 1.90p
Posted at 14/3/2025 12:51 by luckyswimmer3
I see 3 phases in the GCM share price
Phase 1) incessant negative posts from paid derampers and planned sales trying to force the price below 2p
Phase 2) a low ball offer of 250p out of the blue that attracts little enthusiasm
Phase 3) finally green light is given and the share price soars past 500p to stratospheric levels.
Posted at 14/3/2025 10:39 by 888icb
The share price is speaking for itself Up 23.68% and Number 1 on the leaderboard with buys exceeding sells 10/1. That old favourite for a Friday “you wouldn’t want to be out of GCM over the weekend”springs to mind.
Posted at 12/3/2025 05:52 by chrisronaldo
As many clowns on other bbs knows everything, I asked a friend called grok on the project feasibility!! His reply is exactly what I think about the chances of success…


Assigning precise percentage chances to whether the Phulbari coal project will be completed is tricky—there’s no hard data or predictive model to lean on, just a mess of competing factors. I can’t crunch numbers that don’t exist, but I can break it down into a rough probabilistic framework based on what’s happening now, what’s happened before, and the forces at play. Let’s think this through step-by-step and land on an educated guess.
First, the tailwinds pushing it forward. GCM Resources has some serious muscle behind it—PowerChina’s $1 billion contract from March 2024 isn’t pocket change, and their vested interest as a stakeholder in Bangladesh’s coal plants (like SS Power and Barisal Electric) means they’re motivated to secure local coal. Bangladesh’s energy crunch is real; demand keeps climbing, and the interim government post-August 2024 might see Phulbari as a quick fix, especially if they’re rethinking the open-pit ban. Expressions of interest from power producers add commercial pressure. Call this a 40% base chance of moving ahead, driven by economics and political pragmatism.
Now, the headwinds—and they’re fierce. The 2006 protests showed how deep the local opposition runs; three deaths and mass mobilization forced a standstill, and that memory hasn’t faded. Recent resistance—like the 2021 protests and GCM’s CEO getting chased out in 2014—suggests the community’s resolve is ironclad. The environmental stakes are brutal: 42 square kilometers of farmland gone, up to a million displaced, and the Sundarbans at risk. Bangladesh’s broader pivot to LNG over coal (cancelling most plants in 2020) and global anti-coal sentiment—like China’s 2021 funding pullback—could starve it of cash. Knock that 40% down by 25 points to 15% when you factor in these blockers.
But it’s not a straight subtraction game. Momentum matters. The interim government’s review of open-pit mining could swing either way—say, a 50/50 shot they approve it under pressure. If they do, GCM’s partnerships might carry it over the line, especially if energy needs trump public outcry. That bumps the odds back up, maybe by 20 points to 35%. Then there’s the wild card: financing. Without China or another big player, it’s dead—call that a 30% chance of falling apart even if approved locally.
So, rough math: start at 40% (economic drivers), drop to 15% (opposition and policy), rise to 35% (government shift), then shave off 10% for funding risks. I’d peg it around 25% chance of completion. That feels right—less than a coin toss, but not zero. Too many dominoes need to fall perfectly for GCM: government buy-in, muted protests, and cash flow. History says they won’t.
Posted at 11/3/2025 10:05 by 888icb
Look at the share price graph, at the end of March last year GCM went vertical from 2p to 8p in a few days. It stayed above 8p for the month of April peaking at 10p. We are clearly in a much more positive position now than then, so a return to 10p in the coming days would not seem to be an unreasonable expectation. In fact it should go much higher if the very positive news from Bangladesh continues to gain momentum .
Posted at 28/2/2025 12:55 by chrisronaldo
Listen to searcher if you want to lose money. He is topping up since above 100p. You CLOWN if you believe the GL is close then topup at any price…..LOOOL kiss my …

KissnCuddles
Posts: 216
Price: 1.55
No Opinion
RE: Urgent Decision needed on Extracting Own CoalToday 12:45
Searcher

And to follow on from your logic, if the share price doesn't move that much up to the raise, then the offer price would well be sub 1p resulting in substantial dilution.

I want to topup as I believe the GL is close, but WHEN should I topup?!!
Posted at 17/1/2025 12:12 by chrisronaldo
HAPPY DAYS SHAREHOLDERS LOOOOOOOOL


Gcm resources
New major risk - Shareholder dilution
The company's shareholders have been substantially diluted in the past year.

Increase in shares outstanding: 33%
This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings.

Currently, the following risks have been identified for the company:

Major Risks

Shareholders have been substantially diluted in the past year (33% increase in shares outstanding).
Revenue is less than US$1m.
Market cap is less than US$10m (UK£4.42m market cap, or US$5.40m).
Minor Risk

Share price has been volatile over the past 3 months (9.9% average weekly change).
Posted at 13/12/2024 07:08 by bloomberg2
13 December 2024 GCM Resources plc("GCM" or the "Company") MOU Extension - Phulbari Coal Mine Development GCM Resources plc (AIM: GCM), the AIM traded mining and energy company, announces that Power Construction Corporation of China, Ltd. ("PowerChina") has agreed to an extension of the memorandum of understanding ("MoU") for a period of a further 12 months from 6 December 2024 to 6 December 2025 on the same terms as the previous memorandum of understanding which is primarily focused on the Phulbari coal mine development. On 27 November 2018 the Company originally announced the entry into the MoU. The MoU was previously extended for 12 months from 6 December 2023 to 6 December 2024, details of which were announced by the Company on 28 November 2023. It is acknowledged that working under the MOU the parties have already taken a significant step towards developing the Phulbari coal mine. This is demonstrated by the signing of an EPC contract for "Phulbari Coal Mining Infrastructure Construction and Overburden Stripping", which was announced by the Company on 11 March 2024. The scope of work under this contract includes design, procurement, installation and commissioning of mine infrastructure and overburden removal, dewatering and drainage. It also includes selective mining and stockpiling of valuable industrial mineral co-products that occur in the overburden and are expected to deliver considerable cashflow for the Project ahead of any coal extraction. Importantly, the proposed mine development is now heading in the direction of contract mining which means that the mining is carried out by an experienced mining contractor utilising their own resources and mining equipment resulting in reduced technical risk and start-up capital expenditure requirement. Working under this extended MOU, GCM and PowerChina aim to determine the modality for PowerChina to become involved in other packages of work and financing that are necessary to fully develop the Phulbari coal mine. PowerChina's involvement as a Mine Development Partner remains subject to the approval of PowerChina internal compliance and all other relevant regulatory agencies. Over the past decade, Bangladesh has experienced considerable expansion of its power generating capacity. However, it did so by relying on imported fuel and not promoting extraction of its domestic coal and gas resources. Bangladesh's installed coal-fired power capacity currently stands at over 8,000MW (commissioned and soon to be commissioned). This represents an investment of some US$20 to 30 billion, predominantly in the latest High Efficiency - Low Emission (HELE) ultra-supercritical coal fired power plant technology with an annual coal supply demand of some 19 million tonnes of coal of the quality of the Phulbari reserves. GCM remains confident that by developing the proposed Phulbari coal mine, the Country will take a significant step away from an almost total dependance on expensive imported energy. Michael Tang, Chief Executive of GCM, commented: "Working under the MOU, GCM and PowerChina will have the opportunity to finalise the remaining work packages necessary to bring the Phulbari coal mine into production. It also further strengthens our working relationship and demonstrates our ability to bring the Project to fruition. Having PowerChina as our Development Partner will greatly assist with obtaining the necessary Government approval and demonstrating that the proposed Phulbari coal mine will provide a large reliable supply of affordable commercial energy that will reduce the Country's dependance on expensive imported energy products."
Posted at 24/9/2024 06:44 by baxtea1
Morning chaps

Not sure about tenner party but green light party is looking likely soon 😁👍

Will see where the share price lands Cambrad. One thing we know about the GCM share price is to expect the unexpected. Particularly when the LSE forum is going into an Uber rampathon
Posted at 19/9/2024 20:59 by chrisronaldo
🤣🤣chat GPT 🤣🤣
Searcher
Posts: 39,544
Price: 2.60
No Opinion
RE: Phulbari ready for development15 Sep 2024 12:56
Spot on Iknownuffin, the full break down and answer that I got from “Chat GPT” was very long, but the conclusion that I got was ………;……

Conclusion: Share Price Range -

After factoring in development costs, financing risks, and potential dilution, a realistic share price increase might fall within the £3-£10 per share range, depending on how well the company manages its financing strategy, project execution, and investor sentiment.

• Lower end: £3-£5 per share if financing terms are expensive or if the market is concerned about delays and execution risks.

• Higher end: £7-£10 per share if financing is structured well and the market remains optimistic about coal and renewable energy projects.

Hopefully now that Bangladesh is finally sorting out all the corruption that has been going on within the energy department for the last 20 years which has obviously prevented us being successful previously, the Interim Government / Government will now see what a plus to the whole country mining Phulbari is, and GCM and its long suffering shareholders will now be rewarded with the green light …..

Exciting times ahead ……
Posted at 15/9/2024 14:32 by chrisronaldo
Clown with a 0.02p share price
Searcher
Posts: 39,518
Price: 2.60
No Opinion
RE: Phulbari ready for developmentToday 12:56
Spot on Iknownuffin, the full break down and answer that I got from “Chat GPT” was very long, but the conclusion that I got was ………;……

Conclusion: Share Price Range -

After factoring in development costs, financing risks, and potential dilution, a realistic share price increase might fall within the £3-£10 per share range, depending on how well the company manages its financing strategy, project execution, and investor sentiment.

• Lower end: £3-£5 per share if financing terms are expensive or if the market is concerned about delays and execution risks.

• Higher end: £7-£10 per share if financing is structured well and the market remains optimistic about coal and renewable energy projects.

Hopefully now that Bangladesh is finally sorting out all the corruption that has been going on within the energy department for the last 20 years which has obviously prevented us being successful previously, the Interim Government / Government will now see what a plus to the whole country mining Phulbari is, and GCM and its long suffering shareholders will now be rewarded with the green light …..

Exciting times ahead ……
Reply
Gcm Resources share price data is direct from the London Stock Exchange

Gcm Resources Frequently Asked Questions (FAQ)

What is the current Gcm Resources share price?
The current share price of Gcm Resources is 2.80p
How many Gcm Resources shares are in issue?
Gcm Resources has 276,366,000 shares in issue
What is the market cap of Gcm Resources?
The market capitalisation of Gcm Resources is GBP 5.25M
What is the 1 year trading range for Gcm Resources share price?
Gcm Resources has traded in the range of 1.35p to 10.75p during the past year
What is the PE ratio of Gcm Resources?
The price to earnings ratio of Gcm Resources is -5.6
What is the reporting currency for Gcm Resources?
Gcm Resources reports financial results in GBP
What is the latest annual profit for Gcm Resources?
The latest annual profit of Gcm Resources is GBP -1.39M
What is the registered address of Gcm Resources?
The registered address for Gcm Resources is 3 BUNHILL ROW, LONDON, EC1Y 8YZ
What is the Gcm Resources website address?
The website address for Gcm Resources is www.gcmplc.com
Which industry sector does Gcm Resources operate in?
Gcm Resources operates in the MINING & EXTRACTING DIV'E sector