6년 31월 2023일에 종료된 XNUMX개월 동안의 중간 결과
월 28 2024
GCM 리소스 PLC
("GCM" 또는 "회사")
6년 31월 2023일에 종료된 XNUMX개월 동안의 중간 결과
GCM Resources plc (LON: GCM), an AIM quoted mining and energy company, is pleased to report its interim results for the six months ended 31 December 2023. The Chairman's Statement and the full unaudited interim report are presented below and will shortly be available at the Company's website www.gcmplc.com .
회장 성명서
The operating environment in the six months ending 31 December 2023 was dominated by the run up to the National Election in Bangladesh held on 7th January 2024. Notwithstanding the intensity of the election process, our team in Dhaka managed to maintain contact with the necessary government agencies and it became noticeable that momentum to develop domestic energy resources is building.
The driver for this apparent swing away from the Country's growing dependence on imported energy products is the inability of the Bangladesh economy to keep pace with the costs, given since 2022 its currency has devalued by over 30% and its foreign exchange reserves have dropped by over 50%.
With the Awami League returned to government, the move to reduce this dependency on imported energy has continued; the Ministry of Power, Energy and Mineral Resources ("the Ministry") is reported to be carrying out rapid actions to define a development strategy for the domestic coal sector. Thus far this has been in the form of internal presentations looking into likely coal production and environmental management issues for the known coal deposits, being Barapukuria, Phulbari, Dighipara, Khalaspir and Jamalganj. It is ubiquitously being reported that the proposed Phulbari open pit development offers the best opportunity for significant long-term coal production.
An open pit development at the northern end of the Barapukuria deposit is also mooted. However, with the annual coal requirement forecast to soon reach 36 million tonnes, there is certainly scope to develop more than one open pit operation, given Phulbari's name plate annual production of 15 million tonnes could deliver over 40% of that requirement.
At the same time the Ministry has recently invited international bidding for oil and gas exploration in 24 blocks in the Bay of Bengal as it endeavours to discover new gas resources to combat a growing gas shortage and fast depleting gas reserves.
The Bangladesh Government is committed to coal-fired power being a significant part of its balanced energy and power strategic mix. The current focused discussions within the Ministry are an important step towards finally delivering Government Policy to kick-start its domestic coal sector and deliver a large volume of much needed energy for power generation.
GCM is closely monitoring the situation and is looking forward to holding discussions with the Government and working through its Phulbari Coal and Power Project ("the Project") Proposal, including the modality for state participation as a partner in the Project.
GCM also continues to work with its Development Partner, Power Construction Corporation of China, Ltd. ("PowerChina") to further enhance the Project Proposal.
28에서th November 2023 the Company announced a further 12 months extension to the MOU - Phulbari Coal Mine Development was announced. The intention being for GCM and PowerChina to work towards a mutually agreed business relationship for developing the proposed Phulbari coal mine.
Working under this MOU, it was announced on 11th March 2024 that GCM and PowerChina had signed an EPC Contract for "Phulbari Coal Mining Infrastructure Construction and Overburden Stripping" which covers mine development works with a value of approximately US$1 billion, necessary to position the mine to commence coal extraction.
The scope of works includes design, procurement, installation, construction 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 such as China clay, silica sands, and aggregates for the construction industry. These co-products are expected to deliver cashflow for the Project ahead of any coal extraction.
The "Notice to Proceed" with the extensive works under this Contract is dependent on receiving the necessary approvals from the Bangladesh Government and financial closure. PowerChina has previously expressed its commitment to assist with project financing. The Contract duration is four years and overburden removal to expose first coal is expected to take approximately two years.
GCM and PowerChina will continue to work together under the MOU to formulate additional contracts covering coal extraction and associated activities to achieve our aim of delivering high quality coal supporting at least 6,600MW power generation for over 30 years.
22에서nd March 2024, the Company announced the appointment to the Board of Paul Shackleton as acting Non-Executive Chairman and Charlie Green as an Independent Non-Executive Director, whilst Christian Taylor Wilkinson resigned as Independent Non-Executive Chairman on 28 February 2024.
재무
GCM incurred a loss after tax of £702,000 for the six months ended 31 December 2023 (31 December 2022: loss after tax of £693,000). The most significant expenditure during the period was pre-development expenditure, while administrative expenses for the six months ended 31 December 2023 were £355,000 (31 December 2022: £368,000) and capitalised project expenditure for the period was £173,000 (31 December 2022: £277,000).
On 1 February 2024, the Company issued 30,303,040 Ordinary Shares by way of subscription at a price of 1.65p per share, raising £0.5m before expenses. As previously announced, the Company will need to raise further funds in the coming weeks in order to strengthen its financial position and to meet its immediate working capital requirements; although there can be no guarantee of such, the directors remain confident that sufficient funding will be obtained as required. Accordingly, the financial statements have been prepared on a going concern basis, however there is material uncertainty due to the need for additional near-term funding. Please refer to the accounting policy note on going concern (Note 1 to the Financial Statements) for further information.
Outlook
At the United Nations Climate Change Conference COP 28 late last year, the Bangladesh delegation stated that, although they are pursuing renewable energy, there is a large divide between developed countries and developing countries in the ability to phase out fossil fuels. Solar and wind power generation, however, have limited application in Bangladesh so thermal and nuclear remain the main options for providing base-load power to support its economic development.
The Bangladesh Government has already taken steps to move away from its current "net-energy-importing" situation aimed at both bringing its domestic coal resources into the energy mix and exploring for gas. With this in mind, and Bangladesh's deteriorating foreign exchange position, it is envisaged that Government Policy will be forthcoming to finally enable extraction of the Country's extensive long-term strategic coal energy assets, such as the Phulbari deposit, and move Bangladesh away from its exposure the long-term vagaries of the international energy market.
The Company remains grateful for the ongoing support of its shareholders, stakeholders and staff.
We are more confident than we have been in recent years that we are getting closer to a political breakthrough for the Phulbari Coal and Power Project. When this happens, we are ready to deliver the benefits and investment returns that our patient shareholders deserve.
폴 섀클턴
Acting Non-Executive Chairman
중간연결손익계산서
| 6년 31월 2023일 종료된 XNUMX개월 감사하지 않은 £000 | 6년 31월 2022일 종료된 XNUMX개월 감사하지 않은 £000 | 연말 6월 30 2023 감사 £000 | |
운영 비용 |
| |||
사전 개발 비용 | (90) | (90) | (180) | |
탐사 및 평가 비용 | (15) | 7 | 68 | |
관리비 | (355) | (368) | (728) | |
운영 손실 | (460) | (451) | (840) | |
| ||||
금융 비용 | (242) | (242) | (480) | |
세전 손실 | (702) | (693) | (1,320) | |
| ||||
과세 | - | - | - | |
| ||||
해당 기간의 손실 및 총포괄손익 | (702) | (693) | (1,320) |
| ||||
주당 순이익 |
| |||
주당 기본 손실(펜스) | (0.3p) | (0.4p) | (0.7p) | |
주당 희석 손실(펜스) | (0.3p) | (0.4p) | (0.7p) |
중간연결자본변동표
주식 자본
£000 | 프리미엄 계정 공유
£000 | 주식기준보상 미정산
£000 | 누적 손실
£000 | 금액
£000 | |
1년 2022월 XNUMX일 잔액 | 12,495 | 57,576 | 642 | (32,632) | 38,081 |
총 포괄 손실 | - | - | - | (1,320) | (1,320) |
주식 발행 | 253 | 513 | (255) | - | 511 |
발행 비용 공유 | - | (35) | - | - | (35) |
발행주식 | - | - | 180 | - | 180 |
공유 기반 지불 | - | - | 2 | - | 2 |
30 년 2023 월 XNUMX 일 잔액 | 12,748 | 58,054 | 569 | (33,952) | 37,419 |
총 포괄 손실 | - | - | - | (702) | (702) |
주식 발행 | - | - | - | - | - |
발행주식 | - | - | 90 | - | 90 |
공유 기반 지불 | - | - | 1 | - | 1 |
31년 2023월 XNUMX일 잔액(미감사) | 12,748 | 58,054 | 660 | (34,654) | 36,808 |
1년 2022월 XNUMX일 잔액 | 12,495 | 57,576 | 642 | (32,632) | 38,081 |
총 포괄 손실 | - | - | - | (693) | (693) |
주식 발행 | - | - | - | - | - |
발행주식 | - | - | 90 | - | 90 |
공유 기반 지불 | - | - | 1 | - | 1 |
31년 2022월 XNUMX일 잔액(미감사) | 12,495 | 57,576 | 733 | (33,325) | 37,479 |
중간연결대차대조표
노트 | 31 12월 2023 감사하지 않은 £000 | 31 12월 2022 감사하지 않은 £000 | 6월 30 2023 감사 £000 | |
유동 자산 |
| |||
현금 및 현금성 자산 | 54 | 740 | 543 | |
채권 | 38 | 43 | 25 | |
총 유동 자산 | 92 | 783 | 568 | |
| ||||
비유동 자산 |
| |||
재산, 식물 및 장비 | - | 1 | - | |
자산 사용권 | 30 | 5 | 42 | |
무형 자산 | 3 | 43,540 | 43,005 | 43,367 |
비유동 자산 | 43,570 | 43,011 | 43,409 | |
| ||||
총자산 | 43,662 | 43,794 | 43,977 | |
| ||||
유동 부채 |
| |||
채무 | 4 | (1,417) | (1,375) | (1,353) |
리스 부채 | (32) | (15) | (20) | |
차입금 | 5 | - | - | - |
총 유동 부채 | (1,449) | (1,390) | (1,373) | |
| ||||
비유동 부채 |
| |||
리스 부채 | - | - | (22) | |
차입금 | (5,405) | (4,925) | (5,163) | |
비유동 부채 | (5,405) | (4,925) | (5,185) | |
| ||||
총 부채 |
| (6,854) | (6,315) | (6,558) |
| ||||
순자산 | 36,808 | 37,479 | 37,419 |
| ||||
공평 |
| |||
주식 자본 | 6 | 12,748 | 12,495 | 12,748 |
프리미엄 계정 공유 | 6 | 58,054 | 57,576 | 58,054 |
기타 준비금 | 660 | 733 | 569 | |
누적 손실 | (34,654) | (33,325) | (33,952) | |
총 자본 | 36,808 | 37,479 | 37,419 |
중간연결현금흐름표
| 6년 31월 2023일 종료된 XNUMX개월 감사하지 않은 £000 | 6년 31월 2022일 종료된 XNUMX개월 감사하지 않은 £000 | 연말 6월 30 2023 감사 £000 | |
영업활동에 사용된 현금흐름 |
| |||
세전 손실 | (702) | (693) | (1,320) | |
다음에 대해 조정 됨 : |
| |||
비현금 사전 개발 비용 | 90 | 90 | 180 | |
비현금 금융 비용 | 242 | 242 | 480 | |
기타 비현금 비용 | - | - | 10 | |
(370) | (361) | (650) | ||
운전 자본의 움직임: |
| |||
(증가)/감소 영업채권 | (1) | (7) | 12 | |
Increase/(decrease) in operating payables | 58 | 25 | 11 | |
영업에 사용된 현금 | (313) | (343) | (627) | |
| ||||
영업 활동에 사용 된 순 현금 | (313) | (343) | (627) | |
| ||||
| ||||
| ||||
투자 활동으로 인한 현금 흐름 |
| |||
무형 자산에 대한 지불 | (176) | (278) | (656) | |
재산, 식물 및 장비에 대한 지불 | - | - | - | |
투자활동으로 발생한 순현금 | (176) | (278) | (656) | |
| ||||
| ||||
| ||||
금융 활동으로 인한 현금 흐름 |
| |||
보통주 자본금의 발행 | - | 400 | 900 | |
발행 비용 공유 | - | - | (35) | |
차입금 | - | - | - | |
이자 지급 | - | - | - | |
금융 활동으로 인한 순 현금 | - | 400 | 865 | |
| ||||
| ||||
| ||||
Total (decrease) in cash and cash equivalents | (489) | (221) | (418) | |
| ||||
기초의 현금 및 현금성자산 | 543 | 961 | 961 | |
기말의 현금 및 현금 등가물 | 54 | 740 | 543 |
중간 요약연결재무제표에 대한 주석
1. 회계 정책
GCM Resources plc (GCM) is domiciled in England and Wales, was incorporated as a Public Limited Company on 26 September 2003 and admitted to the London Stock Exchange Alternative Investment Market (AIM) on 19 April 2004.
이 미감사 중간 보고서는 28년 2024월 XNUMX일 이사회에서 발행 승인을 받았습니다.
준비의 기초
연간 연결재무제표는 30년 2023월 2006일 종료된 연도의 그룹 재무제표에 적용되는 국제재무보고기준(IFRS)에 따라 작성되었으며 회사법 XNUMX에 따라 적용되었습니다.
The interim condensed consolidated financial statements for the six months ended 31 December 2023 have been prepared using the same policies and methods of computation as applied in the financial statements for the year ended 30 June 2023. The financial information contained herein does not constitute statutory accounts within the meaning of Section 435 of the Companies Act 2006 and is unaudited. The figures for the year ended 30 June 2023 have been extracted from the statutory accounts for that year. Those accounts have been delivered to the Registrar of Companies and contained an unqualified auditors' report which included an emphasis of matter concerning significant doubt over the ability for the Group to continue as a going concern and did not include a statement under section 498(2)(a) or (b), or section 498(3) of the Companies Act 2006.
정치적 및 경제적 위험 - 무형 자산의 장부 가치
주요 자산은 방글라데시에 있으므로 해당 국가에서의 운영과 관련된 정치적, 사법적, 재정적, 사회적 및 경제적 위험에 노출됩니다.
그룹의 주요 프로젝트는 열탄 및 반연질 원료탄과 관련이 있으며, 이 시장은 국제 및 지역 공급 및 수요 요인에 따라 달라지며 결과적으로 향후 성과는 이들 제품의 가격 변동에 따라 달라질 수 있습니다.
GCM은 자회사를 통해 방글라데시 정부와 라이센스 지역에 대한 탐사, 개발 및 채굴 권한을 부여하는 계약 당사자입니다. 그룹은 장래 광산 부지를 포괄하는 풀바리(Phulbari) 지역에서 광산 임대 및 탐사 라이센스를 보유하고 있습니다. 광산 임대 기간은 30년부터 2004년이며 GCM의 선택에 따라 추가로 10년씩 갱신될 수 있습니다.
계약 조건에 따라 GCM은 2년 2005월 XNUMX일 방글라데시 정부에 타당성 조사 및 개발 계획 보고서를 제출했습니다. 광산 개발을 진행하기 위해서는 방글라데시 정부의 개발계획 승인이 필요하다. GCM은 계속해서 승인을 기다리고 있습니다.
The Group has received no notification from the Government of Bangladesh (the "Government") of any changes to the terms of the Contract. GCM has received legal opinion that the Contract is enforceable under Bangladesh and International law, and will consequently continue to endeavour to receive approval for development.
Accordingly, the Directors believe that the Phulbari Coal and Power Project (the "Project") will ultimately receive approval, although the timing of approval remains in the hands of the Government. To enhance the prospects of the Project, GCM has engaged in a strategy to align the Project with the needs and objectives of the Government. This includes the option to supply coal to both the Government's commissioned and in the pipeline power plants, which total 11,755MW. The Government is seeking to grow its economy and deliver electricity at prices that will ensure competitiveness of its industries. The Group's strategy of developing the Phulbari coal deposit as a captive, large-scale, open pit mining operation supporting some 6,600MW of highly energy-efficient Ultra-Supercritical power generation will enable cheaper coal-fired electricity than imported coal options. This evolving strategy has been enhanced to include installation of a large-scale Solar Power Park (up to 2,500MW) within the Project area, to be installed within the first two years of gaining land access; operating the Phulbari coal mine as a "Net Zero Carbon" or "Green Mine"; and participation modalities for Government.
방글라데시 정부로부터 개발 계획 승인을 받을 때까지 무형 광산 자산의 회수 가능성에 대한 불확실성이 계속되고 있습니다. 이사들은 무형 채굴 자산을 원가로 계속 기록하는 것이 적절하다고 생각합니다. 그러나 어떤 이유로든 개발 계획이 최종적으로 승인되지 않으면 그룹은 43,540,000년 31월 2023일 현재 총 £XNUMX에 달하는 모든 무형 채굴 자산을 손상시킬 것입니다. .
.
관심가는
As at 31 December 2023, the Group had £54,000 in cash and £1,357,000 in net current liabilities. As announced on 26 January 2024, the Company raised Gross Proceeds of £500,000 through an equity subscription. The directors and management have prepared a cash flow forecast to March 2025, which showed that the Group would require further funds to cover operating costs to advance the Phulbari Coal and Power Project and meet its liabilities as and when they fall due. Based on the current forecast, additional funding would need to be raised from third parties to meet current operating cost projections. The Company is currently exploring funding options with the aim to complete and secure the necessary third-party funding in the coming weeks. The £3.5million loan facility with Polo Resources Limited ("Polo Loan Facility"), currently has £3,200,000 utilised within the facility.
계속기업을 바탕으로 요약연결재무제표를 작성하는 것이 적절하다는 결론을 내리기 위해 이사들은 향후 XNUMX개월과 관련된 다음과 같은 가정을 세웠습니다.
- Polo Loan Facility에 대한 지불이 가능해지면 충분한 자금을 확보할 수 있습니다. 그리고
- 풀바리석탄발전사업의 성공적인 진행으로 운영비가 크게 증가하는 경우 충분한 자금을 확보할 수 있다.
It was stated in the Company's final results for the year ended 30 June 2023 that there was a material uncertainty related to going concern. This statement noted that although "the Directors remain confident that necessary funds will be available as and when required, as at the date of this report these funding arrangements are not secured, the above conditions and events represent material uncertainties that may cast significant doubt over the Group's ability to continue as a going concern." The Company's financial standing has not notably improved since this statement was made, and therefore the Directors believe this material uncertainty relating to going concern still exists.
풀바리 석탄 발전 프로젝트의 승인을 받으면 개발을 진행하기 위해 상당한 추가 재원이 필요할 것입니다.
2. 세그먼트 분석
The Group operates in one segment being the exploration and evaluation of energy related projects. The only significant project within this segment is the Phulbari Coal and Power Project in Bangladesh.
3. 무형 자산
During the period intangibles increased by £173,000. The increase is due to capitalised mining exploration and evaluation expenditure relating to the Phulbari Coal and Power Project in Bangladesh.
4. 채무
| 31 12월 2023 감사하지 않은 £000 | 31 12월 2022 감사하지 않은 £000 | 6월 30 2023 감사 £000 | |
|
| |||
매입 채무 | 598 | 581 | 559 | |
특수관계인 미지급금 | 819 | 794 | 794 | |
지불해야 할 거래 비용 | - | - | - | |
| ||||
| 1,417 | 1,375 | 1,353 | |
|
The related party accrued payable of £819,000 at 31 December 2023 relates to accrued fees owing to the management services company of the Chief Executive Officer of the Company, Datuk Michael Tang PJN.
5. 차입금
| 31 12월 2023 감사하지 않은 £000 | 31 12월 2022 감사하지 않은 £000 | 6월 30 2023 감사 £000 | |
|
| |||
특수관계인으로부터의 단기대출 | 5,405 | 4,925 | 5,163 | |
| ||||
| 5,405 | 4,925 | 5,163 |
GCM is party to a £3,500,000 short-term loan facility with its largest shareholder, Polo Resources Limited ("Polo"). As at 31 December 2023, the Company owed £5,405,000, comprising £3,200,000 loan balance and accrued finance costs on borrowings of £2,205,000.
The Company on 1 March 2022, as part of the completed placing and subscriptions, amended the terms of the loan facility, such that the lender may request conversion by the issuance of new ordinary shares in the Company at 5.14 pence per share (being the Issue Price) subject to any necessary regulatory approvals. All other terms of the agreement remained unchanged.
The Company on 26 March 2021, as part of the completed placing, extended and amended the terms of the loan facility provided by Polo Resources Limited (the "Facility") of which, as was announced on 7 January 2021, there was at 31 December 2023, £300,000 of the initial £3.5 million facility remaining undrawn. The lender has agreed that it will not serve a repayment request on the company for 5 years from the date of the agreement replacing the previous provision that it was payable on demand with 90 days' notice. The Company and Polo Resources Limited have agreed an increase in the interest rate from 12% to 15% per annum rising by 1.5% on the third anniversary and by a subsequent 1.5% on each anniversary thereafter. Furthermore, the lender may request conversion by the issuance of new ordinary shares in the Company at 7.5 pence per share (being the Issue Price) subject to any necessary regulatory approvals. The Company may elect to repay all or part of the outstanding loan at any time giving 60 days' notice and with the agreement of Polo Resources Limited. Any share issue to the Lender is conditional upon the Lender's interest, together with the interest of any parties with which it is in concert, remaining below 30% of the Company's issued capital. All other principal terms of the loan facility remain unchanged. Refer to the Group accounting policies for details of Management judgement used in accounting for the loan amendment.
6. 문제 공유
해당 기간 동안 발행된 주식은 없습니다.
7. 보고기간말 이후의 사건
The following events took place subsequent to 31 December 2023, for which there has been no adjustment to the 31 December 2023 financial statements:
- On 24 January 2024, the Company announced that it received a notice from Polo Investments Limited ("폴로"), pursuant to Section 168 of the Companies Act 2006, requesting that a resolution to remove Christian Taylor-Wilkinson be tabled, as an ordinary resolution, at the forthcoming Annual General Meeting of the Company or a general meeting of GCM to be convened as soon as practicable. Polo currently holds 43,328,003 shares representing 20.9% of the Company's total voting.
- On 26 January 2024, the Company announced that it had successfully raised gross proceeds of £0.5m by means of a direct subscription (the "Subscription") of new Ordinary Shares (the "Subscription Shares") at a price of 1.65 pence per share (the "Subscription Price"). The Company will need to carry out an additional fundraise before the end of May 2024 to fund its working capital for the next 12 months. The Subscription Price represents a discount of 37.7 per cent to the Closing Price of 2.65 pence per Ordinary Share on 23 January 2024, being the latest practicable business day prior to the publication of this announcement.
- On 1 February 2024, the Company announced that, further to the announcement dated 26 January 2024, the subscription to raise gross proceeds of £500,000 had been successfully concluded. The Company therefore requested the restoration of trading in the Company's securities on AIM, which was expected to take place at 7.30am, 2 February 2024, with admission of the subscription shares to follow at 8.00am on 2 February 2024.
- On 2 February 2024, the Company announced that as a result of the resolution received from Polo resources seeking to remove him as a director, Christian Taylor-Wilkinson reluctantly tendered his resignation from his position as Independent Non-Executive Chairman. The Board would like to take this opportunity to thank Christian for his services during the period from May 2020 to date, and to wish him success in the future. Christian's resignation will take effect from 28 February 2024. The Company is currently in the process of seeking to recruit two new Independent Non-Executive Directors ("NEDs"), including a Non-Executive Chairman. As a result of Christian's resignation, the Company advised shareholders that Resolution 5 "That Christian Taylor-Wilkinson be and is hereby removed as a director of the Company with Immediate effect" will no longer be tabled at the AGM as it is redundant.
- On 7 March 2024, the Company announced the following share issues;
o Exercise of warrants over 606,060 new ordinary shares of 1 pence each in the Company at an exercise price of 1.65 p per Share, raising £10,000,
o in lieu of DG Infratech Pte Ltd's retainer fee for the period from 1 January 2023 to 31 December 2023 of £180,000, the Company issued 4,363,636 new Ordinary Shares to DG at a price of 4.165 pence per share,
o the issue of a total of 377,359 new ordinary shares of £0.01 each in the Company ("New Ordinary Shares") to Keith Fulton, for payment of his services as Executive Director of the Company for the period 1 January 2023 to 31 December 2023 of £10,000, as part of his director remuneration agreement.
- 11년 2024월 XNUMX일 회사는 다음과 같이 발표했습니다. that working under the coal mine development MOU with Power Construction Corporation of China, Ltd. ("파워차이나") (refer to RNS of 28 November 2023), it had signed a contract with PowerChina International Group Limited covering mine development works of approximately US$1 billion necessary to facilitate coal extraction at the Phulbari Coal and Power Project ("프로젝트"). The advancement of this Contract is subject to receiving the approval of the Scheme of Development for coal mining submitted to the Bangladesh Government under the terms and conditions of its Contract for "Exploration and Mining Coal in Northern Bangladesh". The scope of works under this Mine Construction Contract includes design, procurement, installation, construction 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. These co-products are expected to deliver considerable cashflow for the Project ahead of any coal extraction. The Mine Construction Contract duration is four years, with overburden removal to expose first coal taking some two years. The Company and PowerChina expect to enter additional contracts covering coal extraction and associated activities to support ongoing open pit mining operations and the Project's commitment to deliver high quality coal supporting at least 6,600MW power generation for over 30 years. A joint proposal with development partner, PowerChina, will shortly be presented to the newly elected Bangladesh Government. The Mine Construction Contract was entered into on 9 March 2024, however, issuance of a Notice to Proceed with the works is dependent on the Company receiving the necessary approvals from the Bangladesh Government and achieving financial closure. As noted in the beforementioned RNS of 28 November 2023, our development partner, PowerChina is committed to assist with project financing.
- On 22 March 2024, the Company announced the appointment of Paul Shackleton as Acting Non-Executive Chairman and Charlie Green as an Independent Non-Executive Director.
이 발표는 EU 시장 남용 규정 No 7/596의 2014조에 정의된 내부 정보를 포함하며 해당 규정의 17조에 따른 회사의 의무에 따라 발표되었습니다.
자세한 내용은 :
GCM 리소스 PLC 키스 풀턴 재무 디렉터 + 44 (0) 20 7290 1630 | WH 아일랜드 Ltd James Joyce, James Bavister, 앤드류 드 안드레 데 + 44 (0) 20 7220 1666 |
GCM 리소스 PLC | |
전화 : + 44 (0) 20 7290 1630 | |
[이메일 보호]; www.gcmplc.com |
GCM 리소스 정보
AIM 상장 광업 및 에너지 회사인 GCM Resources plc(LON:GCM)는 북부 지역의 Phulbari 석탄 및 전력 프로젝트("프로젝트")에서 572억 2004만 톤(JORC XNUMX 준수)의 고품질 석탄 자원을 확인했습니다. 서쪽 방글라데시.
에너지 효율이 높은 최신 발전 기술을 활용하여 풀바리 탄광은 약 6,600MW를 지원할 수 있습니다. 또한 프로젝트 현장은 프로젝트 기간 동안 2,000MW 이상의 태양광 발전 용량을 지원할 수 있습니다. GCM은 프로젝트를 개발하려면 방글라데시 정부의 승인이 필요합니다. GCM은 프로젝트를 개발하려면 방글라데시 정부의 승인이 필요합니다. 회사는 회사의 광산 제안을 방글라데시 정부의 기존 및 파이프라인 석탄 화력 발전소 및/또는 개발 파트너와 함께 구현하는 발전소에 석탄을 공급하는 것과 연결하는 전략을 가지고 있습니다. GCM은 신뢰할 수 있고 국제적으로 인정받는 전략적 개발 파트너와 함께 방글라데시 정부가 수용할 수 있는 방식으로 국내에서 가장 저렴한 석탄 화력 전기를 공급할 수 있는 실용적인 전력 솔루션을 제공하는 것을 목표로 하고 있습니다.
RNS는 귀하의 IP 주소를 사용하여 약관 준수 여부를 확인하고, 귀하가 이 커뮤니케이션에 포함된 정보를 사용하는 방식을 분석하고, 그러한 분석을 익명으로 다른 사람과 상용 서비스의 일부로 공유할 수 있습니다. RNS와 런던 증권 거래소가 귀하가 제공한 개인 데이터를 사용하는 방법에 대한 자세한 내용은 개인 정보 보호 정책을 참조하십시오.