Keyword results: GCM Resources

GCM
GCM
PREMIUM CONTENT

GCM Resources – the end or the beginning of the end or perhaps neither

Gary Newman got much grief in times gone by for warning folks about this dog. Today, I imagine he will be enjoying extra ouzo with his fishcakes as the shares were suspended from AIM as the one month notice period of, now, former Nomad Strand Hanson came to a close. But what next?

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GCM
GCM
PREMIUM CONTENT

Why I still wouldn't invest in GCM shares even after its deal with PowerChina

Investors in GCM Resources (GCM) seem to be shocked that recent news hasn’t caused the share price to rise much higher, and barring a very brief spike immediately after news of a deal landed, it has settled back to around the level that it was trading at before the RNS dropped. The news that has got everyone invested in this Bangladeshi coal miner so excited is a joint venture agreement with a huge government owned entity called PowerChina, which is involved in coal fired power plants and is a name that some will be familiar with as it also has similar deals in place with other small mining companies in various parts of Africa as well...

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GCM
GCM
PREMIUM CONTENT

GCM Resources is still a long way from developing its assets - don't get caught up in the hype

It never ceases to amaze me just how excited some investors seem to get over memorandum of understanding announcements, especially when the agreement is with a Chinese company.

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GCM
GCM

This weekend's Primary Bid offer is GCM Resources at 34.4p

I know sweet FA about GCM Resources (GCM) so you are on your own on this one. It has just announced an Underwritten Fundraise, to raise up to £2 million at a subscription price of 34.4p per Ordinary Share - via Primary Bid. This represents a discount of 20% to the closing mid price on Friday, 17 November, 2017. You can sign up and take part, if you wish, HERE

Bearcast

Tom Winnifrith Bearcast - when will there be 10 billion LGO shares in issue?

On today's bearcast I look at Jiasen (JSI) but have to speak quietly since Oakley may get the wrong idea when I discuss a dead cat bounce. I also cover Xtract Resources (XTR), Obtala (OBT), Corero (CNS), Toople (TOOP), GCM Resources (GCM) and in some detail LGO Energy (LGO)

GCM
GCM

GCM Resources – Interims: dilution ahoy!

AIM-listed GCM Resources (GCM) has been trying to get permits for a coal mine in Bangladesh for as long as I can remember – and this morning’s interims to Dec 2015 continue the lashings of Hartley’s being promised for tomorrow, or the day after. Or perhaps never. But meanwhile the cash is running out and there is a Going Concern warning to be found. Not surprising, as the balance sheet shows Net Current Assets weighing with a deficit of £416,000 – quite a problem when the market capitalisation is just £2.8 million (source: ADVFN).

DAN
DAN

Zak Mir's Bulletin Board Heroes - Featuring Daniel Stewart, GCM Resources, Ithaca Energy, Netscientific

Featuring Daniel Stewart (DAN), GCM Resources (GCM), Ithaca Energy (IAE), Netscientific (NSCI)

OEX
OEX

Zak Mir's Bulletin Board Heroes - Featuring Aortech International, Clontarf Energy, GCM Resources, Minco, Oilex

Featuring Aortech International (AOR), Clontarf Energy (CLON), GCM Resources (GCM), Minco (MIO), Oilex (OEX)

Hookers

ZAI Corporate Finance is the new Daniel Stewart – a list of Bargepole stocks (its clients)

As we know Daniel Stewart will stop being a Nomad tomorrow night and so shares in its clients will be suspended from the AIM Casino unless they get a new Nomad PDQ. So today China Chaintek (CTEK) announced that ZAI Corporate Finance had taken it one. FFS – Alarm Bells vicar? Due diligence? A list of ZAI bargepole stocks is needed now.


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