London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
ps FarEnd...You have so little imagination that you invest in banks.
And I was just saying that we would and could have been a mining company now if things had gone as expected....and when you say the price of the commodity in the market has no reflection on the share price of exploration companies you must know you are wrong. Whereas the match doesn't always synchronise as hoped for...it is the price always that leads exploration.
When BEM submitted their application iron ore was nearly double today's prices, it's all totally irrelevant.
Despite the name Beowulf mining was not a mining company then and it's not one today.
Just saying.
Morning. Suzy2, “100+ dollars per ton” .. yes, moreover, high-grade ore is becoming more in demand. It cannot be overstated! Something like, only 20% of the world’s miners (not ore mined) produce 62% and over, of iron content. Kallak as we know, contains a lot of super high-grade (70%). Leading European steel mills will have a lot of interest now, in who gets to mine Kallak if it gets a mining license, due to that fact. These are big players who a seriously loaded, and will want a piece of the 70% action, and that’s some more politics behind closed doors – KB, would not be a spectator. We know very little of the many workings re the Kallak position, because it is only talk. If/when the concession is granted, and if KB thinks the attachments are acceptable, then those in the Market who can value the remaining risk, wil do so. How “exciting” is that! Imo only. atb
Hope you are down safely off that roof now matey.
Freesat only working properly when you are up there holding the dish doesn't sound right. Lol.
It seems that Baylan's servers have been down ever since he took the job.
Howl.
Yep, I read both links Sooz. It's pleasing to note that although the second piece was about servers and tech, mining was mentioned, insofar as it seems widely known that both Baylan and Damberg have dodged their responsibilities in our sector. It seems Baylan is only interested in the prestige of attracting large multi-nationals while not looking at the local issues.
Local issues of course, make up the national ones. Lol.
typically about a year not a near... near could be an augury. :-)
Just imagine, if the application process was what it says it is (in the book) and took 'typically' about a near, though there haven't been any actual examples of a 'typically' in the last twelve years...Beowulf could be producing now profitably at 100+ dollars per ton. How shocking is that.
Always
Be careful!
Lol Maybe you knocked it...you'll have to go up again, lucky it isn't raining like yesterday. GL
My frustration is hightened today as I've been on our roof 3 times already to sort out our freesat and miraculously I've fixed the connection that wasn't working, yet the one that was now isn't! Aaaaaarrrrrrrrrrghhhhhhhhh! ;-)
Morning Hasty....Well, they bought it whatever it was and risked parting with a large chunk of cash. ;-)
Lofvren will just replace baylern and we'll have another minister to get their feet under the table for 6 months.
This wait is interminable and the news update from the company is amateurish. What update to the lenders did Kurt give and can he share it with the long term sufferers?
With Kal we have already proven it up to be a hit. ;-)
Eric..Did you read the link.. mounting criticism of the Minister?
As you know though Sooz, it all depends on the quality and quantity of the gold. All I'm saying is it's very hit and miss, whereas with Kal we have already proven it up to be a hit.
If the Kal project doesn't see the concession awarded next year (albeit this year isn't done with), who will stay invested for Kosovo and Finland?
Without Kal we are just like a company starting from scratch, and how long will everything take/cost?
Dunno. But I do know that I'm not happy with this year's showing. So far.
Morny morn. x
PS It has antiseptic properties...all the door handles in the world could be plated with it, never mind earrings.
Morning Eric. About that gold, just finding some will have a positive effect on the sp, never mind the rest of the business. Can't be that difficult, miners' 49ers dug it out with a spade.
Thanks Sooz. I can't get excited about the gold I'm afraid, as it is so far an unproven factor. Kallak on the other hand is a proven asset, recognised and JORCed, a mineable resource.
The Kosovo project is still years away from proving up any decent resource, if at all, in my view. I'd much rather focus on what we actually have now, not what may or may not be.
Hey, can you imagine another ten years of this? Lol.
I bet you actually can! x
https://www.riksdagen.se/sv/press/pressmeddelanden/2020/jun/2/ku-aterupptar-sin-granskning-av-regeringen/
https://www.aftonbladet.se/a/kJ4w76
Thanks Betterdayz and BeeGee
The thing is, it continues to not be fair play, there is no sign of the Government giving us this decision, so maybe we should make it LKAB's problem. For a very good price. Sooz, I just feel the lack of fair play will continue.
We could be waiting forever for this concession. Something different must surely be considered.
Sorry, meant seven and a half years....a deal with LKAB, yes, delightful, they are the 'natural owners' but only when we've got the concession, which we deserve. Otherwise is isn't fair play. Think of this as often as possible...we'll get a fair resolution. And don't forget the gold!
Evie eve. x
I don't know Sooz. It's seven years and four months so far, which in itself is quite tragic.
Maybe Kurt can use the media to emphasise that we've had no reply from Baylan so are now writing to the PM. If the media highlights this will it exert more pressure, even by way of the PM having to respond? It may be worth a try.
I'm trying to think of ways to add a serious nudge, but without resorting to taking legal action.
It does seem that this year, in terms of our sp fortunes, will be completely drab.
Another alternative, a bit off the wall this, is for Kurt to strike a deal with LKAB for Kallak for a very good price and let them worry about gaining the concession licence.
Only my usual brainwaves in overdrive, but I'm absolutely fed up with our position and with this investment Sooz.
Hello Eric. I think we need help from the lawmakers...can they streamline the permitting process and leave old applications unresolved? Eight and a half years..when will they manage to work it out, I dunno either.