Pappiklon
30 Mar 2018
Indian Power import objections Electricity export to Bangladesh can't be done using domestic coal'NEW DELHI: Targeting NTPC for supplying Bangladesh electricity generated using cheap domestic coal, the Association of Power Producers has written to the government saying such sale violates extant policy and hurts interest of domestic power consumers.The lobby group, whose members include Tata Power, Reliance Power and Adani Power, asked the government to issue a clarification stating that cross-border supply can be done only of electricity generated using imported coal or the one produced from coal bought through competitive bidding and not through allocations made for meeting domestic demand.Last month, state-owned NTPC had won a bid to supply 300 megawatts (MW) of electricity to power-starved Bangladesh by beating Adani, PTC and Sembcorp of Singapore.More here:[link] they inport from Phulbari to export electricity back no problem then 🙃
GPback
29 Mar 2018
Re: Well Done Quote of the day Lol SS, a lot of money has been made with this share without a GL. That was my point. For me at least, now it is only about the GL.
searchers-son
28 Mar 2018
Re: Well Done Quote of the day In my short term here "This is no longer about a 35p barrier. It’s about the GL."It has never been anything but GL unless I have missed somethingAmazing the F wittery spouted about this project
rRomeo29
28 Mar 2018
Re: Well Done Quote of the day Very few serious investors can handle it your way, GPback.To go and place some sort of bet on GCM two years ago,hope & dream that the rise to 45p will be the final breakthrough,watch a nasty retrace all the way to 22p, which was clearly signaled to you last year,simply continue to hold and put your shares in the bottom drawer,and now hope that the current rise will see the final breakthrough.Life of (a) PI.
GPback
27 Mar 2018
Re: Well Done Quote of the day I didn’t understand half of that lol. This is no longer about a 35p barrier. It’s about the GL.
rRomeo29
27 Mar 2018
Re: Well Done Quote of the day Yupp, GPback! Looks like the recently hype was just that. The mentioned 35p barrier worked out well; this is where large holders placed automated sells.Another thing to observe: You are in here (since many years) with little money only. This is why you could tug away your holding in the bottom drawer.Few mid sized investors, with his 30-40k Pounds worth, could have survived your last buy-call in 2017 at around 40-44p - and then see GCM retrace back to 22p.Hold through paroles are not everything in life, matey!
GPback
27 Mar 2018
Re: Well Done Quote of the day Cuckoo land it seems.
rRomeo29
27 Mar 2018
Re: Well Done Quote of the day Okay, so where are we?25.80p last trade.---------- -Thursday29.710Change: 2.290 (-7.16%)
GPback
25 Mar 2018
Re: Well Done Quote of the day The share price will start to rise on expectations.
redeyemines
24 Mar 2018
Re: Well Done Quote of the day Next-Time----i think we have had all four elements of the agreement now, and maybe Dyani's job is done---Perhaps the next RNS will be regarding further funding, and will come sometime in the next six months.----Stage 4 in the agreement---- "GCM and CCGC (or a large Chinese enterprise acceptable to the Company) executing a Framework EPCC Agreement, or definitive agreement in relation to an EPCC with respect to the proposed mine mouth coal power plant, for which the Consultant shall receive a success fee equal to 5% of the issued capital of the Company.--Latest RNS says----"GCM Resources plc ("GCM" or the "Company"
, a London based resource exploration and development company, is pleased to announce that the Company has agreed a Contract Framework Agreement with its strategic partner China Gezhouba Group International Engineering Co. Ltd ("CGGC". The Contract Framework Agreement awards CGGC the exclusive right for the engineering, procurement, construction, and commissioning of a proposed 2,000MW mine-mouth thermal power plant at GCM's proposed coal mine in North-West Bangladesh "--so looks like job done.
Ripley94
24 Mar 2018
Re: Well Done Quote of the day irishguy... thanks for pointing that out maybe "Dad" and "son" Should be in the same up day group .
irishguy
24 Mar 2018
Re: Well Done Quote of the day Ripley94...... Believe it or not but if you look back through searcher-sons messages, you will find that I have liked a lot of his posts over the last few years ( probably as much as is Dad's )Just saying !
Ripley94
24 Mar 2018
Re: Well Done Quote of the day Thanks searcher interesting job you have.Just looked at you first page of massages ... have you got all your eggs in this basket ?
next-time-lucky
24 Mar 2018
Re: Well Done Quote of the day Well that’s 3 of the 4 milestones that were needed to progress the project. The fourth IF on schedule has to be completed by June 2018. This clearly needs the government approval, tricky...... The fact that 30% of the capital has been pledged is in its self significant. Here’s hoping just like Sirius Minerals a project of a similar size the capital raising will be equally easily accomplished, a jump to the main market....here hoping.
searchers-son
23 Mar 2018
Re: Well Done Quote of the day Will post any relevant news from the press when issued(of note) - cannot abide ramping/blatant miss leading twaddleTo long working for a major bank in a credit risk role has made me quite wary of nonsense spouted without anything to back it it up other than hearsay and tomato ketchup
