The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thanks Eric
Lb is just having a rest. I'm sure he'll be back when we receive the Concession. Even if being back simply means a shaky voiced "Well done all" phone call from his rest home, as he approaches his 109th birthday.
Fair comments.
Ibjj disappears after years of negativity and a day later Manro reappears when we thought we'd seen the last of him. Perhaps they are a tag team?
dornod, you must have heard about the Stockholm syndrome, when the hostages begin to think that terrorists will not harm them if they behave peacefully. Moreover, the hostages sincerely try to get the patronage of the invader. The hostages often perceive the situation so that the measures taken by potential rescuers are likely to harm them. And attempts of salvation can turn the situation from the tolerable to deadly dangerous. Kurt and all Bem investors today are practically the same Stockholm hostages, which proceed from the principle, however worse it may be. At the same time, without even realizing that the worst has already happened and nothing can compensate the 5 years and money that were lost, much less their nerves and health. It's really sad to watch all of this, but the French say C'est la vie. And the Russians - "hope and wait". And they are waiting in the hope that the terrorist Putin, who seizes the whole country, will not harm them if remains as president. But this terrorist is killing and killing them without the end even abroad. And the whole world is just looking at probably thinking not to make the situation for the Russians (and probably for themselfs) even worse.
Morning aug. I share your sentiments as I've always considered litigation as the absolute last resort if for example the government were to refuse the permit. I feel that any litigation or even threats of litigation due to delays would be counterproductive and I'm sure that Kurt's far too sensible to do such a thing. The number of the old faithfuls seems too be dwindling but I'm here until the end game however long it takes. atb
Morning. Kurt Budge, in his recent submissions to the Government, has told us, and the whole world, why he thinks that the concession should be granted. Further, he has made clear to everyone, in some detail, where he thinks, some in the process are responsible for its many failings. This man, along with team members, are in ongoing discussions/negotiations with most, if not all of the players involved. They are in possession of the many facts, and are positioned best, to deal with those facts as they are presented. Only those who can negotiate well, will not find themselves involved in any legal action. If you believe that politics, is responsible for the many delays, then taking on a Government Ministry at this juncture, is no guarantee whatsoever, that politics would remain outside of the courtroom, its deed can, deliver a miscarriage of justice for example. The contents of BEM�s final submission, would suggest to some that, Budge has more control outside of any legal action triggered. In my opinion only. atb
I don�t hear much laughing, but, if I�m not wrong, some have cried off and many are close to tears!
Yes, you've got two choices...laugh or cry.
Understandable how you feel about this, it is dull at the moment, but never say never. If the Concession is granted later this year, you know how well this share could then potentially perform. It would be a pity for you to miss out. Anyway, best wishes. Cheers lb.
I've enjoyed reading your posts, shame you won't be around to see this through. Enjoy your time away from this farce, all the best.
History and the future! Who said it would be a quick result? But it better than no result!
What's stirred this rebellion? All of a sudden we're going to court, like that will be a quick result, and Suzy's turned into mwilliams41 You gotta laugh.
The law I accept is lengthy, but at least we would get a decision, which is the most important thing. No self respecting business should be treated like this, if the other side have it their way this will never get resolved, it IS time for action! I will be as patient as I have been over the nine years I�ve be here, I�m going no where that�s for sure!
And adieu then, Ibjj..thanks for your input and have a nice spring and summer. Dornod....The Law is not fast. Just a little bit more patience is necessary, hard a
Ah, the curse is lifted.... Anyone wanna bet the licence will be issued tomorrow?
IT IS NOW TIME TO TAKE THIS TO LAW! NO MORE DILLY DALLYING! LET GET IT SORTED ONCE AND FOR ALL!! COME ON KURT, WAKE UP!
Sorry, but I have come to the conclusion, after countless false dawns and 5 years passing with no sign of progress, that this is dead in the water. Just can�t see anything ever changing here. I�m gonna leave you guys to it. It has gone so far beyond boring, I just can�t be bothered with it any more.
Hi Aug. Well, I would say that it is in our interests as shareholders that this saga isn't allowed to drag on indefinitely. So, while a potential legal case may be distasteful, it is a possible option that must be considered, and I would trust is being considered. In our interests. Just a whiff of this in the air will hopefully be enough. And so we wait. Best wishes.
The Government surely wouldn't even have to consider passing comment on any unofficial award, one that didn't have legal validity. It would be a totally irrelevant exercise for it to do so and an unnecessary waste of resource. So the Government is not showing a preference or otherwise for reindeer husbandry, it is simply not passing comment, because it isn't appropriate to do so on an unofficial matter. In my view lb. Regards.
As you know I disagree, in what you say about the Government delaying a decision, although BEM believes that the proposal is good (Can�t say no, won�t say yes). I�m not qualified to make comment on any legal issues however, both the CAB and the MI have made their recommendation to the Government, I would argue as an investor therefore, that a failure of determination, should be a legal consideration, should such considerations become necessary. I just do not see that ever happening. It�s in no one�s interest. Environmental arguments are for a concession to be granted, that�s big politics to have on your side. In my opinion only. atb
The real irony is that the reindeer aren't wandering about the site - they just need to cross the road to it twice a year......solutions are available to allow them to coexist - and that's why the Sami/CAB will fail.
Whether or not the Sami�s hand is strong, the facts are, that, 5 years after submitting the application to mine, reindeer are wandering free around the proposed mine site at Kallak. There is little prospect of that changing, so I�d say the government has a clear preference for reindeer husbandry. After all, the government did not reject the ANI award for reindeer herding at Kallak, even though it has no legal validity whatever, and was announced 4 whole years after the ANI status for mineral extraction was announced in the same area. The government could not make their intentions more obvious, but they can�t legally deny the license, so continue to do nothing decisive.
lbjj the irony is, that the CAB�s failings, as you assert, are not supposed to be quite so apparent, in a democratic process. They have not in any way, strengthened the hand of the Sami. Suzy2 I would take a guess, based on past reading only. That when you selected that date of April 13th, you did so, having dismissed the following Monday, however, wrestled for a while, as to whether to go for the Thursday or the Friday. As said, just a guess. atb
The irony in this sorry saga, is that the agency at the bottom of the bureaucratic food chain, the CAB, is dictating terms, aided and abetted by their cronies, the Sami, who have no status in the published application process. If you honestly believe the decision is close, I wish you well, but, in my view, it is no nearer now than any time over the past 5 years.