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HOW FAR THIS WILL GO? (AEN)     

ateeq180 - 18 Jan 2005 21:26

Asia energy has been flying high recently,does any one think with the change of advisor,this will rocket.

smiler o - 27 Oct 2006 18:41 - 65 of 77

Off Interest

Bangladesh protests mount ahead of election
By Anis Ahmed

DHAKA (Reuters) - Bangladesh's prime minister, preparing to hand over power to an interim administration ahead of elections, called for maintaining peace, as thousands of rival political activists clashed in the capital on Friday.

The main opposition Awami League has strongly opposed Prime Minister Begun Khaleda Zia's plan to install a former supreme court chief justice as the head of the caretaker government, citing his past opposition with her party.

At least 50 people were injured in clashes between members of the Awami League and the ruling group in Dhaka, police said.

Several vehicles were set on fire by Awami League supporters who have vowed to paralyse the country if the government went ahead with its choice of K.M. Hasan as interim head to supervise the election in January.

"I urge all including opposition parties to maintain peace during the tenure of the caretaker government to ensure holding of a peaceful and credible election," Khaleda said in a farewell address to the nation at the end of her five-year rule.

Khaleda, who is seeking a third term, defended her track record, citing economic growth and success in tackling Islamist militants.

Khaleda, the wife of assassinated President Ziaur Rahman, is expected to hand over power on Saturday.

She blamed the opposition for the row over the caretaker administration and accused the parties of trying to disrupt the country's development.

"Five years in office, we have seen increasing foreign investment that testifies the country's growing image across the world," she said.

PROTESTS

The 14-party opposition alliance led by Awami chief Sheikh Hasina has said it would cripple much of the country, including Dhaka and the port city of Chittagong from Saturday if Hasan takes over as caretaker.

"No election without electoral reform," chanted opposition activists during demonstrations on Friday, armed with sticks and carrying replicas of the party symbol of boat.

Elections in Bangladesh have in the past been marred by violence and charges of rigging and intimidation.

The opposition urged President Iajuddin Ahmed not to swear in Hasan as caretaker chief "to save the country from a violent people's outburst."

But the ruling party dismissed the opposition threat and said the people of Bangladesh would defeat their attempts to destabilise the country.

"BNP is ready to tackle the opposition with its massive public support," Abdul Mannan Bhuiyan, secretary-general of BNP told a separate rally of party supporters in the capital.

At least 100 people were injured in clashes between rival political activists in Dhaka on Thursday, police and witnesses said.

Authorities deployed extra police and the elite Rapid Action Battalion to ensure a smooth transition as the two main political parties ordered their supporters to take to the streets in a show of strength.

(Additional reporting by Nizam Ahmed)

smiler o - 29 Oct 2006 16:23 - 66 of 77

The president of Bangladesh has been sworn in as chief of a caretaker government that will oversee general elections in January 2007, according to an official.


Mohammed Mohaddes, chief officer at the government's press department told AFP: "The president is becoming the caretaker chief."

Officials said that the president's swearing in had put to rest a long-running controversy over who should lead the caretaker authority, that would supervise the election in January 2007.

The decision came just hours after Iajuddin Ahmed, the Bangladeshi president, held emergency meetings with the country's four main parties in an effort to find a consensus on a candidate to head the interim government.

The outgoing Bangladesh Nationalist Party (BNP) and the main opposition Awami League and its allies failed to agree on a candidate

hlyeo98 - 29 Oct 2006 23:11 - 67 of 77

Chart.aspx?Provider=EODIntra&Code=AEN&Si

smiler o - 08 Nov 2006 18:53 - 68 of 77

News up date

http://today.reuters.com/News/CrisesArticle.aspx?storyId=DHA118056

smiler o - 23 Nov 2006 08:46 - 70 of 77

Asia Energy PLC
23 November 2006

ASIA ENERGY PLC (AIM: AEN)

PRELIMINARY ANNOUNCEMENT OF THE RESULTS
FOR THE YEAR ENDED 30 JUNE 2006

The year was undoubtedly marred by the tragic events of 26 August 2006 and the
development of the Phulbari Coal Project being delayed by the Government's
failure to approve its proposed new Coal Policy and the Scheme of Development.
Despite these setbacks, solid achievements were made.

The key events and milestones impacting ASIA ENERGY PLC and its' Phulbari Coal
prospect for the last year and to date can be summarised as follows:

572 million tonne high quality Coal Resource defined to JORC code with
93% Measured and Indicated
Environmental Clearance for open pit mine approved by Government of
Bangladesh in September 2005 (application for renewal lodged September
2006)
Feasibility Study and Scheme of Development lodged with the Government
of Bangladesh in October 2005
Power station proposal lodged with the Government of Bangladesh in
October 2005
US$52 million raised in November 2005 for initial development
activities
Definitive Feasibility Study completed May 2006
Protests organised by groups external to Phulbari against open pit
mining and resettlement occurred on 26 August 2006 in Phulbari
Shares suspended from trading 31 August 2006 - 6 October 2006
Loss for the year ended 30 June 2006 520,000
Cash held at 30 June 2006 was 28 million, and at 31 October 2006 was
26 million.
Scheme of Development approval remains outstanding

The Annual General Meeting is scheduled to be held on 10 January, 2007. The
notice to shareholders, Annual Report and full financial statements will be
forwarded in due course.

Also attached below are the Profit and Loss, Balance Sheet and Cashflow audited
by E&Y.


For further information:

Stephen Bywater, Chief Executive Justine Howarth, Cathy Malins

steve.bywater@asia-energy.com
Parkgreen Communications

Graham Taggart, Finance Director Tel: +44 (0) 20 7493 3713

graham.taggart@asia-energy.com

Justine.howarth@parkgreenmedia.com

cathy.malins@parkgreenmedia.com

Asia Energy PLC
Tel: +44 (0) 20 7 290 1630, Fax: +44 (0) 20 7290 1631

info@asia-energy.com;

smiler o - 30 Nov 2006 18:05 - 71 of 77

30/11/1006
Thousands in protest to oust Bangladesh president
Agencies


Dhaka: Thousands of political activists surrounded the presidential palace in the Bangladeshi capital on Thursday, demanding the president quit his post after failing to remove controversial election officials.

After weeks of protests, Awami League supporters turned their anger against President Iajuddin Ahmed, saying he had failed to act impartially.

Chief of the Dhaka unit of Awami League, Mufazzal Hossain Maya, said "The president must step down as chief of the caretaker government as his actions are designed to appease Khaleda Zia and not to ensure a free election."

Begum Khaleda Zia ended her five-year term as prime minister in October and Iajuddin took over as head of a caretaker administration charged with organising the elections.

The Awami League accuses election officials of trying to rig voter lists to help Khaleda and her Bangladesh Nationalist Party (BNP) in the January 21 election, a charge which Abdur Rashid Sarkar, secretary of the election commission, denies.
The alliance said it will enforce a countrywide transport blockade from Sunday, the third in the past two weeks, if its demands are not met. At least 40 people were killed in previous demonstrations

smiler o - 05 Dec 2006 16:54 - 72 of 77

Asia Energy PLC
04 December 2006

Asia Energy plc ('the Company')


Notification of significant holding



Under sections 198 to 202 of the Companies Act 1985 (the 'Act') and rule 15 of
the AIM Rules the following information falls to be disclosed:

The Company was notified on 01 December 2006 that Barclays PLC acquired an
interest in the shares of the Company resulting in a total holding of 2,106,700
Ordinary Shares of 10p each in the Company. This represents 4.32% of the issued
share capital of the Company.



04 December 2006






smiler o - 14 Dec 2006 15:29 - 73 of 77

Asia Energy PLC
14 December 2006

Asia Energy Plc (the 'Company')


Annual Report & Accounts for the year ended 30 June 2006

The Company has posted accounts for the year ended 30 June 2006 to shareholders.
Copies of the accounts will be available until 22 December 2006 at the
registered offices of the Company, Level 2, Foxglove House, 166 - 168 Piccadilly
W1J 9EF or alternatively on the Company's website:
www.asia-energy.com

smiler o - 21 Dec 2006 08:23 - 74 of 77

Asia Energy PLC
21 December 2006


PRESS RELEASE

21 December 2006


Asia Energy plc acquires 15% of current share capital of GVM Metals Limited


For immediate release: Asia Energy Plc ('Asia Energy' or 'the Company') (AIM:
AEN) announces it has acquired 12,200,000 new ordinary shares in GVM Metals
Limited ('GVM'), a South African mineral processing and coal mining company, by
way of a subscription at 20 pence per share, for a total cost of 2,440,000. The
Board of GVM has invited Steve Bywater to become Non-Executive Deputy Chairman
and Graham Taggart to be a Non-Executive Director. Following the subscription,
Asia Energy will own 13% of the enlarged share capital of GVM.

The investment provides the Company with a meaningful stake in the South African
coal sector and the opportunity to assist development of an underground coal
mine (Holfontein project) and two open-cut coal mines (Limpopo and Baobab
projects) in South Africa. The Holfontein project is located in the Witbank coal
fields and the Baobab and Limpopo projects are located in the Limpopo province.
Based on previous work undertaken by Utah Mining, Kumba and others the total
coal resources controlled by GVM are considered to approach 2 billion tonnes.

GVM's primary listing is on the Australian Stock Exchange (ASX) with secondary
listings on London's Alternative Investment Market (AIM) and the Johannesburg
Stock Exchange (JSE).

As a result of two recently announced transactions, GVM will hold on
satisfaction of all conditions precedent a 100% interest in both the Baobab and
Holfontein coal projects.

On 22 August 2006, GVM announced the acquisition from Motjoli Resources
(Proprietary) Limited ('Motjoli') of its 51% shareholding in the Holfontein
Project, its 50% interest in the Baobab Project, and its 100% interest in three
prospecting licences adjacent to the Baobab properties.

Yesterday GVM announced it had reached agreement with Petmin Limited ('Petmin')
for GVM to acquire Petmin's effective 50% interest in Baobab for GBP 2.5
million.

GVM plans to bring the Holfontein mine into production in the first half of
2008. A bankable feasibility study on the Limpopo and Baobab Projects is
expected to be completed by December 2007 with coal production expected in the
first half of 2009. All GVM's mining and prospecting interests are held as New
Order rights.

As a result of the Motjoli transaction GVM will qualify as black empowered under
the relevant South African legislation.

GVM also holds 100% of NiMag (Proprietary) Limited ('Nimag'), an alloy and fibre
manufacturer based in Magaliesburg near Johannesburg in South Africa. Nimag
supplies approximately 40% of world demand for nickel magnesium ferro-alloys.

Further details of the above transactions and description of the assets are
available on GVM's website (
www.gvm.com.au
).

Steve Bywater Chief Executive of the Company said: 'This is an exciting
opportunity for Asia Energy as it looks to expand its portfolio of investments
in coal on a global basis. This transaction provides a platform for the Company
to be involved in new and developing coal projects with GVM, who have a strong
management team. The Company remains, however, fully committed to its Phulbari
Coal Project in Bangladesh and we will update the market on its status as soon
as we are able.'

Simon Farrell, Managing director of GVM said: 'We are delighted to work with
Asia Energy bringing our diverse coal interests into production. Steve Bywater
brings enormous experience in operating world class coal and iron ore mines and
I look forward to his help in what is going to be a very exciting and
challenging period of the company's growth'.


For Further Information:

Steve Bywater Cathy Malins or Annabel Leather
Chief Executive Parkgreen Communications
Ph: +44 (0)207 290 1630 Ph: +44 (0)207 851 7480

Graham Taggart
Finance Director
Ph: +44 (0)207 290 1630


Notes to editors:

Asia Energy:

Asia Energy plc is a London based company quoted on the London Stock Exchange's
Alternative Investment Market (AIM). The Company's primary activity is the
development of the Phulbari Coal Project in Northwest Bangladesh into a world
class open pit mine, adhering to the highest national and international
environmental and social standards. The mine will have a life of more than 30
years and at full capacity will produce 15 million tonnes a year of mostly
export quality metallurgical and thermal coal. Its objective is to start mining
activity upon Government of Bangladesh approval following the Government
election in January 2007.

For further information on the Company:
www.asia-energy.com



GVM Metals:

GVM Metals Limited listed on the Australian Stock Exchange in April 1980 and was
primarily focused on minerals exploration in Western Australia and Indonesia.
Through a series of strategic investments, GVM moved its focus to a metals
processing and coal processing company predominantly targeting South Africa. The
company successfully listed on Aim in 2005 and also on the Johannesburg Stock
Exchange in November 2006.

For further information on the Company:
www.gvm.com.au




smiler o - 29 Dec 2006 12:10 - 75 of 77

up 10 % ???? could be a good new year !

ajcc - 04 Jan 2007 18:06 - 76 of 77

it will be Smiler o if the company get phulbari back!!!!!!!!!!!!

smiler o - 11 Jan 2007 11:45 - 77 of 77

Asia Energy PLC
11 January 2007


Asia Energy PLC ('the Company')

Name change


At the annual general meeting of Asia Energy PLC, the special resolution for a
name change to Global Coal Management Plc was duly passed.


The change in name better reflects the Company's strategy of expanding its'
portfolio of coal investments on a global basis, whilst continuing to remain
fully committed to the Phulbari Coal Project in Bangladesh.


11 January 2007

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