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Morning Eric, yes we are.. but he's got to get the money. Another point which came out wrong in the previous presentation was that the EIA would take months and then about 1-2 years, meaning submission of the Application would take months and the process with the Environmental Court 1-2 years.
I had an issue with Ed saying he would be giving too much away, because he already is doing with this fundraise at 0.61p, well below even our nominal value threshold. It was enough to pi.55 me off hearing that anyway.
Maybe the smartest thing is to ditch all projects in the long-term, once the work planned has been completed at Kal and in Finland.
It does depend upon how much cash is raised as well, it not being underwritten here in the UK and with a loan to pay back.
Have to see, but he did make a few good points, once he could get them out. Make no mistake about it though, we are still very much on a sticky wicket a the moment.
In my view.
Morning Wots....No, we don't...there isn't a date except for the fact that in an RNS (think it was January) it said it was expected by the end of the first half of 2024. End of June at the latest if that's true.
Good morning all. Does anyone have any info as to when the court ruling is due. For some reason I thought by end Q1......
Thanks
One of the negatives we've heard from our detractors is that workers at the mine would be commuting from outside Jokkmokk, the fact that Dmytro would be living was a worthwhile point, imo.
The new project manager for Jokmokk will spend a lot of time in Jokmokk. ha ha ha
Where else would he be ffs
Bowie's a complete duffer.
And remember CSP drove us all mad using the phrase we'll be going ahead...when we couldn't go ahead with anything because we couldn't get the Government to deal with the Application.
Trouble is we've been listening to that for 13 years...he's not a natural presenter but he made some good points at the end about offtake agreements being premature before the PFS because we could be giving too much away. He mentioned two Sami villages had challenged the Government's decision which I think it was right to do and the new Project Manager for Jokkmokk Iron and that he would spend a lot of time in Jokkmokk. And some copper results due. And BEM wouldn't run with all of the projects.
Bloody hell...he made Kurt's interviews look well polished.
Andy, now that was painful to watch. Thanks for sharing though matey.
Andy. If you read that link very quickly it looks like …bowie-ceo-evil
Https://beowulfmining.com/ed-bowie-ceo-evli-presentation-march-2024/
Evening Carrots!
Evening Sooz.
I checked my ii account just now and there is still no mention of the Offer under my ‘Corporate Actions’ heading. As the RNS was issued on 14 March, I’ve sent a secure message to ii with the query as to why the Offer has yet to show up, considering they are a named broker on the Primary Bid site.
Just waiting for a response now Sooz, and will post as soon as I get one.
Evie eve. xx
Hello.
Aye Pete, that’s confirmed what I remember from last time. We will have to wait, but I will ask next week at ii, just what is occurring.
Just trying to help, I have the PrimaryBid App and there are no live offers at present the last active one was Lon:DBD " Oxford BioDynamics plc. and I’ve haven’t seen any sign of Beowulf (BEM) since the last time which I took brought through Interactive Investor but that was only available( through Interactive Investor )in the last few days of the offer but was on the PrimaryBid App for long time. I wounder if Beowulf have completed the paperwork for PrimaryBid to take place.
Ok Sooz. 👍
Thanks Eric, that would be very good of you. x
Yes, I suppose investors are not catered for on AIM. So it appears, but only from my own experiences. x
Sooz, I’ll keep checking for you. They must be involved, but, as mentioned, it took a few days for the fundraise Corporate Action to appear on my account last time. You would think it should be immediate, as soon as the RNS is released, but perhaps next week it will arrive with ii. I’ll query it if nothing by Wednesday.
Investors are very awkward and inconvenient people...traders are much easier to manage.
very difficult indeed, that's the trouble. it says in the primary bid bem offer e mail:
"instructions for how to access primarybid transactions through the uk’s 3 largest investment platforms are available through the following links."
and these three largest investment platforms are a j bell, hargreaves landsdown and interactive investor.
i might consider opening an account with ii because it's easy (ish) and cheap but there's no point me making the effort if they're not involved with this offer.
****ed off about it i must say.
Apologies if I got it wrong. You are obviously more on the ball than I am with dates, whereas I’m just probably feeling what the share has done since the last fundraise. I must admit, I don’t like the share split, or the hoop-jumping using Primary Bid, so had I the money, I would still consider just buying on the open market. Given the performance since the last fundraise, I suppose it’s very difficult to predict what will occur.
Mayflower, I see what you mean. I suppose I’m looking at it more as a non-trader, as per what happened since and where we are now. If you are trading it within a few days, weeks or months following the fundraise then fair enough. The point is, nor did it ever sustain a rise after the 2.06p raise and we are left staring down at a 0.61p raise instead of a cash call set higher than the previous one.
I guess it depends on strategy, but should we be taking up the fundraise offer only to be forced to trade it so as to not lose more money? Of course not, and I feel that speaks for itself.
Atb.