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GCM Resources Plc (GCM) Ordinary 10p

Sell:7.00p Buy:7.25p 0 Change: 0.40p (5.88%)
Market closed Prices as at close on 19 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:7.00p
Buy:7.25p
Change: 0.40p (5.88%)
Market closed Prices as at close on 19 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:7.00p
Buy:7.25p
Change: 0.40p (5.88%)
Market closed Prices as at close on 19 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

GCM Resources plc is a United Kingdom-based mining and energy company. The Company is engaged in the development of the Phulbari Coal and Power Project (the Project) in north-west Bangladesh. The Phulbari Coal and Power Project is located in the Dinajpur District of Northwest Bangladesh, approximately 350 kilometers from the capital, Dhaka, and 10 kilometers from the Indian border. The region is some 30 meters above sea level, relatively flat and comprised of an alluvial plain with slightly raised terraces formed in pre-historic times by the drainage of the sub-Himalayan River systems (the Ganges/Padma and Jamuna rivers). The Phulbari Coal and Power Project’s mine footprint covers an area of 5,193 hectares. Some 80% of the area is open fields under agriculture. The Company’s subsidiaries include South African Coal Limited, Asia Energy Corporation Pty Limited, Asia Energy Corporation (Bangladesh) Pty Limited and Asia Energy (Bangladesh) Pvt Ltd.

Contact details

Address:
PO Box 7791
LONDON
W1A 9AP
United Kingdom
Telephone:
+44 (020) 72901630
Website:
www.gcmplc.com/

Important dates

Future events
There are no future events available.
Past events
Interim results 28 March 2024 28/03/24
AGM 29 February 2024 29/02/24
Final results 29 January 2024 29/01/24

General stock information

EPIC:
GCM
ISIN:
GB00B00KV284
Market cap:
£17.68 million
Shares in issue:
245.60 million
Sector:
Mining
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • Michael Tang
    Chief Executive Officer, Executive Director
  • Keith Fulton
    Finance Director, Executive Director, Company Secretary
  • Gary Lye
    Chief Operating Officer, Executive Director, Chief Executive Officer of GCM's subsidiary

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.