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GCM Gcm Resources Plc

2.70
-0.05 (-1.82%)
25 Apr 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
  -0.05 -1.82% 2.70 943,374 11:51:43
Bid Price Offer Price High Price Low Price Open Price
2.50 2.90 2.89 2.60 2.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Coal Mining Services -1.39M -0.0042 -6.43 9.15M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:53:57 O 300,000 2.70 GBX

Gcm Resources (GCM) Latest News

Gcm Resources (GCM) Discussions and Chat

Gcm Resources Forums and Chat

Date Time Title Posts
26/4/202520:41GCM - Long termers, banter & research68,423
21/3/202519:54GCM Resources - Now a Serious Takeover Target47
13/4/201919:44Ј5+7
02/1/201901:31GCM - (Asia Energy) Phulbari promo literature107
01/10/201813:38GCM .... She's about to go BALLISTIC8

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Gcm Resources (GCM) Top Chat Posts

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Posted at 26/4/2025 09:20 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 2.75p.
Gcm Resources currently has 332,801,136 shares in issue. The market capitalisation of Gcm Resources is £8,985,631.
Gcm Resources has a price to earnings ratio (PE ratio) of -6.43.
This morning GCM shares opened at 2.75p
Posted at 31/3/2025 20:08 by chrisronaldo
Gcm says the same since the past 15 years

Every year @ the AGM they are about to have the deal done

Result the share price is at 2.80p the lowest was 0.90p in November 2023

And the share price is down 99.48% since inception. Brilliant

LOOOOOOOOOOOOOOOLLLLLLL
Posted at 30/3/2025 12:31 by chrisronaldo
Or this one with its IFs ….LLLOOOOOOOOOOOLLLLLLL

888ICB - 17 Mar 2025 - 18:01:24 - 67786 of 68242 GCM - Long termers, banter & research - GCM
Do you think the shares would be up 14% if there had actually been 2 million more sells than buys? When there is a 6% spread the buy and sell volumes are totally unreliable as they are just guesses based on the mid price.
Another good day consolidating the rise. If GCM can repeat this 14% rise per day until the end of the week the share price would be 5.4p.
Posted at 28/3/2025 07:11 by bloomberg2
GCM Resources plc("GCM" or the "Company") Placing to raise approximately £1.0 million GCM Resources plc (AIM: GCM), the AIM traded resource exploration and development company, announces that it has conditionally raised approximately £1.0 million (before expenses) by way of a placing (the "Placing") of a total of 33,333,333 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 3.0 pence per new Ordinary Share (the "Issue Price"). Highlights · Equity raise of approximately £1.0 million at 3.0 pence per new Ordinary Share. · The net proceeds from the Placing are intended to be used by the Company for working capital purposes. · The Issue Price represents a discount of approximately 16 per cent. to the closing mid-market price of 3.60 pence per Ordinary Share on 27 March 2025. · Allenby Capital Limited ("Allenby Capital") is acting as sole bookrunner in connection with the Placing. · The new Ordinary Shares are to be issued pursuant to the Company's existing authorities granted at the general meeting of the Company on 13 December 2024. Background to the Placing and use of proceeds The Company continues to work towards progressing its Phulbari Coal and Power Project (the "Project") in north-west Bangladesh although this continues to remain subject to, inter alia, securing the requisite approvals from the Government of Bangladesh (the "Government") in order to develop the Project. Against this backdrop, recently there has been a noticeable shift of momentum in the direction in favour of the Company. For example, it has become apparent that from initiatives led by the Ministry for Power, Energy and Mineral Resources focusing on strategies and challenges related to the country's coal-based energy sector, that the Government is serious regarding developing its domestic coal resources. While this offers no certainty in relation to the Project, this bodes well for the Company. Against the backdrop of the above, the Company continues to generate nil revenues and incurs ongoing pre-development (non-cash) expenditure because of the renewal of certain consultants' contracts as well as administrative expenses. In this regard, the board of directors of GCM (the "Board") expects to report an unaudited loss after tax of £1.3 million for the six months ended 31 December 2024 (31 December 2023: loss after tax of £0.7 million). Similarly, the Company expects to report unaudited administrative expenses for the six months ended 31 December 2024 of £461,000 (31 December 2023: £355,000) and capitalised project expenditure for the period of £259,000 (31 December 2023: £173,000). Lastly, as at 31 December 2024, unaudited cash and cash equivalents are expected to be £0.9 million. Given the above financial performance, the Board considers the Placing to be in the best interest of the Company's shareholders. Use of Proceeds The net proceeds of the Placing will provide the necessary working capital to support GCM's ongoing operations. These funds will be allocated to corporate overheads, legal and advisory costs, and general administrative expenses associated with managing the Company effectively. The net proceeds of the Placing will help ensure that the Company is in the financial position to advance its broader strategic objectives. Details of the Placing The Placing comprises the issue of 33,333,333 new Ordinary Shares (the "Placing Shares") at the Issue Price to conditionally raise approximately £1.0 million before expenses for the Company (approximately £0.92 million after expenses but excluding VAT). The Placing Shares will be issued on a non-pre-emptive basis utilising the authorities granted to the Board at the general meeting of the Company on 13 December 2024. When issued, the Placing Shares will represent approximately 10.02 per cent of the enlarged share capital of the Company and will rank pari passu with the existing Ordinary Shares. Pursuant to an engagement letter dated 27 March 2025 between Allenby Capital and the Company as amended by a side letter dated 27 March 2025 (together the "Placing Agreement"), Allenby Capital has, subject to certain conditions, procured subscribers for the Placing Shares at the Issue Price. The Placing Agreement contains provisions entitling Allenby Capital to terminate the Placing (and the arrangements associated with it), at any time prior to Admission in certain circumstances, including in the event of a material breach of the warranties given in the Placing Agreement, the failure of the Company to comply with its obligations under the Placing Agreement, or the occurrence of a force majeure event or a material adverse change affecting the financial position or business or prospects of the Company. If this right is exercised, the Placing will not proceed and any monies that have been received in respect of the Placing will be returned to the applicants without interest and Admission will not occur. The Company has agreed to pay Allenby Capital a placing commission and all other costs and expenses of, or in connection with, the Placing. The Placing is not being underwritten by Allenby Capital or any other person.
Posted at 25/3/2025 18:35 by chrisronaldo
For those trying to mislead and post fake news to try to pump the share price, just a little reminder found at the bottom of advfn website. Better to stick to the reality and the facts instead of talking about 10£ party and try misleading and manipulate a financial board..!!

The reality is that the share price is at 4.90p and is down 99.09% since inception.

Financial Conduct Authority warning: Insider dealing, unlawful disclosure, market manipulation, and attempted manipulation are offences punishable by an unlimited fine and up to ten years in prison.
For more information visit the FCA website.
Posted at 25/3/2025 11:59 by baxtea1
Only reason share price dropped from double figures is because of the (out of the blue) civil unrest & ousting of Hasina.

Now the country has stability & heading towards a new government the share price is heading back up.

It’s all been a blessing in disguise to get rid of the previous corrupt government who’ve hindered the project for decades.

Add in to that recent discussions with the interim government regarding open pit mining laying the ground work for SoD approval.

It’s a no brainer. This time next year Rodney 🤑🤑🤑🤑 9297;
Posted at 23/3/2025 09:32 by apfindley
Rampers are still not wanting to talk about DYANI corp, or Polo, or DG infra.Dyani and DG issued massive ammpunts of shares for 'consultancy services' supposedly provided to Gcm, services which the company directors should be doing themselves. And of course Polo (forced private by Tang), issued shares in lieu of those loan notes.So who at Gcm allowed these agreements to be made with Dyani and DG, both newly setup companies who's only business dealings are with Gcm (go check for yourself), both companies being used as vehicles to be issued and hold Gcm shares, to take huge voting power away from genuine private investors.Who is behind those 2 companies (go check for yourself).And of course you already know who is behind both Gcm and Polo.Join the dots and realise a sinister Chinese move to take this asset, like they have done with many others in Africa and Asia.
Posted at 23/3/2025 09:13 by chrisronaldo
Asked grok about the dilutions without going into all the details. Here is the answer.

Dilution Estimate:
Without direct access to every RNS announcement from 2005 to 2025, a precise analysis of volumes and exact dates is limited. However, here’s an approximation based on trends:
2005: Around 10-20 million shares initially (post-IPO estimate).

2010: Growth to about 50-100 million shares (assumption based on post-2006 fundraising).

2020: 276.37 million shares (confirmed data).

2025 (March): 299.47 million shares (data up to December 2024, likely stable or slightly increased by March 2025).

This represents a 15- to 30-fold increase in the number of shares over 20 years, a significant dilution for initial shareholders. Each issuance reduced the ownership percentage of existing shareholders, often at prices below nominal value or the prior share price, reflecting GCM’s low valuation (e.g., 1.80p per share in January 2025 per uk.investing.com).

Year. Shares in Issue (Millions). Notes

2005 10-20 (est.). Post-IPO baseline

2010. 50-100 (est.). Early fundraising post-2006 protests

2016. 150-200 (est.). Mid-point estimate, cash crunch noted

2020. 276.37. Confirmed figure

Dec 2024 299.47. Reported, reflects £2M raise partial impact

Mar 2025. 300-310 (est.). Includes Jan 2025 issuance + potential adds
Posted at 17/3/2025 12:36 by 888icb
Future Value v Current Market CapToday 12:31
A producing Phulbari mine will be valued in the £ Billions.

The Current Market Cap after the rise in the share price over the last week is £10 million

If the share price goes to 10p where it was last April, the Market Cap would be £30 million.

If the share price goes to 33p the Market Cap would be £100 million.

GCM has in the past in anticipation of the Green light had Market caps a lot higher than £100 million and the potential value is much higher now than it was 10+ years ago.

Phulbari is a very large proven reserve of high quality coal that is ready to be mined. It has not been mined because Hasina vetoed it for her own corrupt reasons. Hasina has gone into exile in India having been overthrown by the people. The veto she has used since 2006 cannot be exercised, which should make the green light a priority for the Interim government. The share price has a long way to rise in anticipation of the green light and on the green light the value proposition would suggest £’s rather than pence imho.
Posted at 17/3/2025 12:36 by sniperstocks
A producing Phulbari mine will be valued in the £ Billions.

The Current Market Cap after the rise in the share price over the last week is £10 million

If the share price goes to 10p where it was last April, the Market Cap would be £30 million.

If the share price goes to 33p the Market Cap would be £100 million.

GCM has in the past in anticipation of the Green light had Market caps a lot higher than £100 million and the potential value is much higher now than it was 10+ years ago.

Phulbari is a very large proven reserve of high quality coal that is ready to be mined. It has not been mined because Hasina vetoed it for her own corrupt reasons. Hasina has gone into exile in India having been overthrown by the people. The veto she has used since 2006 cannot be exercised, which should make the green light a priority for the Interim government. The share price has a long way to rise in anticipation of the green light and on the green light the value proposition would suggest £’s rather than pence imho.
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.
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 2.70p
How many Gcm Resources shares are in issue?
Gcm Resources has 332,801,136 shares in issue
What is the market cap of Gcm Resources?
The market capitalisation of Gcm Resources is GBP 9.15M
What is the 1 year trading range for Gcm Resources share price?
Gcm Resources has traded in the range of 1.35p to 7.25p during the past year
What is the PE ratio of Gcm Resources?
The price to earnings ratio of Gcm Resources is -6.43
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

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