George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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.
But there shouldn't really be a comparison made with Arlanda Andy, because Kal is an environmentally friendly and safe operation. We won't be jettisoning fuel out everywhere.
Nice try. Lol.
Thanks Andy.
No, we won't wait that long though. We can't!
... on Kallak, as they do on Arlanda airport (the greenies, of course, don't want to se an expansion on any airport in Sweden):
"The game behind the government's hidden agreement on Arlanda"
"A source with insight into the negotiations tells the newspaper that S and MP have agreed to "make no decision" on the issue of the airport."
https://www.dn.se/nyheter/sverige/spelet-bakom-regeringens-dolda-uppgorelse-om-arlanda/
If so, we'll have to wait until after the next election, autumn of 2022.
....mistreating us and mishandling our application.
Forgot to add, in my opinion only.
Hi Sooz. You are right about it being only money, but I've lost so much already elsewhere through holding on, and this is going further away from my 13.5p average. That's a lot of ground to make up, and there's a chance it might not happen the longer we are in this situation. I want Kurt to press, do whatever it takes, to remove the political barrier that is preventing us from receiving the decision. To be decided according to law our case, so he must find a way to demand that the Swedish Government upholds the law and now! We have already suffered immeasurably as a direct result of the authorities mistreating and mishandling our application.
Though it could be worse, we could be deer. x
If I decided to sell my holding tomorrow you'd be in an even worse place.
Hey Aug,
You've made a really good point - I'm part of a programme seeing through a £45 million building programme in NW London and it's taken a decade with planning consents, conservation officers etc etc and we've gone through 3 project leaders who have given up after banging their heads...I hadn't thought about Kurt having the va va zoom simply sucked out of him...Clive couldn't see this through and you've raised a massive point - when will he simply give up?
I'm not sure how he reassures investors that he still has the get up and go as the process must have seriously drained the poor man...however, who would have the resilience to face Swedish bureaucracy...I would understand giving this up as most would...
I wouldn’t worry Alamal... it’s just a bit of fun apparently...
Because courtesy has achieved what? Some have more invested than others... it shouldn’t be reduced to being a ‘housewives favourite’. It’s not the Grand National... To most investors, this isn’t fun, or a laugh, or enjoyable... it’s become a nightmare. So keep spouting nonsense by all means, but we are not in a good place.
Yes, you are...missing something, courtesy costs nothing.
Hi there Pocko ,I think I’m going to add a codicil to my will asking that the share certificate be buried with me ,
7-years and 3-months... and posters on this board are offering platitudes. “It’s only money” ffs...
At 4p, not saying ‘no’ has hardly been beneficial to shareholders, or am I completely missing something?
What is the incentive for Kurt to push for a decision when He is on 100k a year?
And I imagine any expenses while abroad are paid by the company rather than out of his pocket.
Sadly, this is looking more and more like a jolly up all the time.
It wouldn't be the first time on AIM.
Last winter they were too hot and they didn't have enough chips ...simple solution seems to me to move up north a bit, the climate around Jokkmokk gets more and more difficult for as each year passes and they're always in trouble for some reason. Eric, don't do that, it's only money. I'm sure the Boss knows that Mr Baylan has got nothing to do with this decision, it's all politics and they're up to some sort of balancing act I expect; hope so anyway...could be totally wrong but they haven't said No, which is a strong point in our favour so far.
I'm more likely to shoot myself if this malaise continues.
That is awful Sooz, but more can be done here, for us. Unless Kurt is working right now on tying up a deal with LKAB, and that's why we really aren't going to be drilling, then he needs to find a different way to resolve our current limbo situation. He has been polite, fair enough that, but also too lenient I would say, and it has not brought us a decision. Baylan does not see us as posing any sort of threat to upsetting his dreamy little applecart, insofar as our taking a different course of action to force him into accepting the responsibility for and taking the necessary steps required for bringing about the conclusion of our case.
Many if not most of us shareholders have had enough Sooz. Kurt can tell us more and is failing to do so. I need to know that he isn't just going to sit and watch the sp slide and then raise money.
Now there's a thought Suzy. Why don't we club together and get some hunters to shoot all the reindeer. Problem solved.
In fact why stop there. Shoot all the Sami as well
. Lol
Just reading that the reindeer calves this spring had a bad time just like we did and died from cold; nature, all tooth and claw:
https://sverigesradio.se/artikel/7517607
This is not looking good. Kurt definitely needs to do something asap!
Like many (I think) on this forum, even I am beginning to lose patience with this ridiculous, and possibly disastrous, situation. As always, I have been reading the comments on here. Take note Suzy!
Hasty, him renewing his Options and then us finding out we aren't drilling was a double whammy. Lol.
We need good news next. I know we've saved money by not drilling (unless it was all EU project cash), but we could have got cracking on KS and it may have shaken things up. No doubt given the saboteurs something to do as well. Aye, a spot of drill rig climbing, before the ultimate police drag off!
Roller, I agree, that is poor. There must be something to tell us. We decided not to take legal action back in February, five months ago, a significant decision, yet we've not had a meaningful update regarding the state of play at Kal since. I'd like to know if Kurt has just resigned himself to waiting, with the odd letter to Baylan telling him what he already knows, or whether he is actually pressing Baylan each week to bring us this decision.
I'm sure Kurt has every right to demand to know exactly what the problem with our case is, specifics behind the ridiculous delay, so why isn't he telling shareholders what he is or isn't doing to rectify our situation, with the reasons for that.
Surely something has happened in the last five months that he could share with us? If Baylan has done nothing more since, to to enable a decision to be brought, and perhaps not even had the courtesy to respond to Kurt's letter of 2 June, then I feel we should be informed as to what the plan is next for us.
Waiting indefinitely and doing nothing except writing to Baylan now and then, but not putting him to the sword with incisive questioning, well, that blows.
We'll probably hear from Kurt getting his funding cap out before any news on Kallak. 5 years of dithering and, judging on the options RNS, putting his interests first.
Last week on Beowulf's Facebook page I asked why aren't we getting updates...the reply was. The company will make announcements when we have something to say.. unbelievable..