searchers-son
13 Mar 2018
Re: Thats a big wedge State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Tuesday said that Bangladesh is a lucrative destination for investment in power and energy sector as the government moves to mobilise around $110 billion investment in the sector.“Bangladesh will provide sovereign guarantee for foreign investment,” the minister said while addressing at a discussion on “Towards of New Era of Bangladesh-Singapore Economic Partnership” at Bangladesh-Singapore Business Forum 2018 in Singapore yesterday.Prime Minister Sheikh Hasina was schedule to attend the meeting but returned Dhaka following crash of a Bangladeshi private aircraft in Nepal.“Bangladesh will support foreign investors through tax holiday, double taxation, relief, risk mitigation scheme and profit repatriation,” Nasrul said.He said foreign investors have immense opportunity to invest in LNG infrastructure, pipeline, refinery, coal terminal, LPG and procurement of primary fuel as around $40 billion will require in energy sector.Besides, investors can invest as much as $70 billion in electricity generation, distribution and transmission. “Bangladesh moves to procure the investment through government to government or joint venture investment,” he said.Mitsui chief operating officer Taku Morimoto, IFC chief investment officer Rebecca Konard, Dhaka Chamber of Commerce President Abul Kasem and Chittagong Chamber of Commerce and Industry President Mahbubul Alam spoke among others at the discussion.
searchers-son
13 Mar 2018
Thats a big wedge [link]
rickyroman
13 Mar 2018
...a Knight's Tale... .....I'm surprised that you have held a grudge against GCM / Asia Energy for so long. At the end of the day, it was just a job and you got fired. Hoping that GCM / Tang never get the permit to mine sounds a bit of a fruitless task. Maybe they won't, but meantime we are getting a lot closer than the old Asia Energy team ever did.
Ripley94
13 Mar 2018
Re: Ok so where do we stand now Chart shows this opening @ 26 going up to 30 @ 9.30 am back down to 26 @ 2pm finishing around 27p. AIM lol
Phulbari
13 Mar 2018
Chaucer's Knight's Tale It looks like good old Geoffrey Chaucer read the markets correctly again!"Now in the trees, now down among the briers, Now up, now down, like bucket in a well. Even as on a Friday, truth to tell, The sun shines now, and now the rain comes fast."
Ripley94
13 Mar 2018
Re: Ok so where do we stand now What do you mean by other boards searcher.Can you please make you posts clearer.What points did you and your detractors make ?
searcher3
13 Mar 2018
Re: Ok so where do we stand now Apologies for the late response to some posters on other boards, but I have been working all day.... ... what I said here and on LSE was not blatant ramping, it was and still is my honest opinion of what is going on here.... as I said yesterday, let’s not see what today or tomorrow brings, but the next few weeks / months.... imho, there are going to be some on the other boards that are going to feel very stupid for some of the things and comments that they have said today in the coming months... Trade the share by all means, but keep your abuse to yourselves please
Ripley94
12 Mar 2018
Re: RNS polo Managed to buy Fridays slice back for 30p.( D ) only automated trades .It appears all the earlier ones today were over the counter.Worked out even better this time buy limit was 30.5. Continually learning .
Ripley94
12 Mar 2018
Re: RNS polo Not sure if that's on GCM Regulated news but market didnt like "something" down 12% .And hovering up and down around that since 11am.
Spight
12 Mar 2018
Re: RNS polo Polo Resources forges Bagladesh mine pact with China GezhoubaStockMarketWire | Mon, 12th March 2018 - 07:41Polo Resources said investee company GCM Resources had forged a joint-development framework agreement with China Gezhouba Group International Engineering related to the development of the Phulbari coal and power project in Bangladesh.The agreement includes a commitment by the Chinese company to invest 'up to 30% in the power plant, Polo Resources said.
Spight
12 Mar 2018
RNS polo Polo Resources Limited ORD NPV (DI)12 Mar 2018 07
04Polo Resources LtdRNS Number : 3361HPolo Resources Limited12 March 2018 12 March 2018 POLO RESOURCES LIMITED ("Polo" or the "Company"
GCM RESOURCES PLC - INVESTMENT UPDATE NEXT STAGE AGREEMENT WITH PARTNER FOR PHULBARI COAL AND POWER PROJECTPolo Resources Limited (AIM: POL), the multi-sector investment company with interests in oil, gold, coal, copper, phosphate, lithium, iron and vanadium, is pleased to announce that its investee company, GCM Resources Plc ("GCM" (AIM: GCM) has agreed a Joint Development Framework Agreement with its strategic partner China Gezhouba Group International Engineering Co. Ltd ("CGGC".CGGC is an internationally recognised engineering company with infrastructure projects across the world. Its parent, China Gezhouba Group Corporation (en.gzbgj.ceec.net.cn) is a core member of China Energy Engineering Group Co Ltd, a super central state-owned enterprise, and employs approximately 40,000 people.The Joint Development Framework Agreement outlines the parties' roles and responsibilities in pursing approval of the Phulbari Coal and Power Project, including a commitment by CGGC (or its affiliate or investment partner) to invest up to 30% in the power plant, subject to approval by Chinese authorities, with GCM holding the balance of interest. Under the agreement CGGC undertakes to facilitate financing for the proposed power plant with GCM's assistance.
searcher3
11 Mar 2018
Re: Ok so where do we stand now , let’s see how this goes and what further news is "released" in the next few weeks / months
searcher3
11 Mar 2018
Ok so where do we stand now Anyone who now thinks that we don’t now stand a very good chance of getting the green light sooner rather than later now must be mad… You would think that the Chinese have been in talks with the GOB behind the scenes and had their agreement on this latest news release and that this now puts GCM in a very strong position and one that the GOB are going to have to start taking seriously, will the next news release be that discussions have been taking place with the GOB??The Chinese are investing in Bangladesh in a massive way and therefore you must believe that they will have some quite strong pulling power now helping to take this project forward…. We all know that Tang has said on more than one occasion that he wants to take this project forward and mine Phulbari, is that time now drawing close,… imo it is, let’s see how this goes and what further news is realised in the next few weeks / months GL all,
Phulbari
11 Mar 2018
Re: ....where's Phulbari or Raingod Can't read this. On the face of it, there is no objective evidence that Hasina has changed her mind, but the market seems to be saying something else. Should be an interesting few days ahead.
GPback
11 Mar 2018
Re: ..what about 'dogbawls' Hopefully all the old guard are still with us and invested. 10 years (and waiting) is a long long time for a full return. I’m expecting a lot of nutters to (re-)appear and try and grab stock my all the normal means.
