George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full 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.
Yes, luckily we are. ;-)
Time to turn in I think...tomorrow then.
NN
Well I suppose the other two projects are not driving the value either Sooz, with the appeal still current over Kal. Also the fundraising prices have helped to diminish the sp, and now we have Kurt and Ulla gone without any reason given, and this mysterious lengthy review. There are a number of factors that have and are impacting on the sp. Kallak is still our premium asset though, so I get what you mean about how important the result of this appeal is, and we currently have that uncertainty. Investing right now is a risk, yes.
Luckily we are already in and seasoned. Lol.
In my opinion the sp languishes because of the appeal...why would anybody risk it. The situation is what it is..we'll win or loose it's as simple as that.
I was only wondering why he’d come to BEM as a NED, and also why we need him.
Roller, SJ, I feel Ed Bowie came because Chris Davies (the background ghost) worked with him in the early days of Ed’s career. There’s that link, but maybe Röstin knows Mr Schauman. It’s all quite intriguing, while the sp languishes adrift from safety. Lol.
Anyway, sometimes digging for info is beneficial for my peabrain, so I’m glad if it helps anyone else. We seem to have a top performer brought in to what is currently a non-performing company. Sami appeal aside.
And Ulla has buzzed off, so watch this space to see who we now get, if anyone, at Jokkmokk Iron. Depending on the strategy following this overlong review.
Hmmm. 🤔
Eric your optimism is infectious, please keep it up and everyone have a lovely evening..
Basically that guy wouldn't go to 99% of AIM tin pot explorers so he sees something worthwhile.
It's certainly a positive, having a world class influence on Beowulf. Not complaining. We will soon see if all this hopefulness is for something or nothing come the year end. Fingers 🤞
Like a sore thumb SJ.
Exactly Eric, that guy on the face of it is top drawer and quite a capture it seems. Certainly sticks out on an AIM board.
Aug, lol.
Sooz, not sure, but also, I obviously meant his holding in Lundin was worth 8.95 USD per share, not in total. Lol. Subject to fluctuation.
Massive difference to what we are currently looking at with our sp, so yes, why would he bother with BEM? Why not become a NED of an operating company that’s trading in the £ or $ range?
Just find it unusual. But hopefully in a good way.
Yes, Eric...why?
Afternoon.. That’s £120 Million say.. Really! For lock, stock and two smoking? Shipping iron ore pellets (critical to make Green steel) from Brazil to Europe using the ‘valemax’ vessel? (Huge - 400,000 Tonnes) will cost someone cir $140,000 a day - A DAY - Just to charter.. The good news, Brazil to Europe is, 35 – 40 days at most.. How many shipments would the use of Kallak (superior in every way) cut? Room for improvement here, for all concerned? No mention of how this would help the Planet - this being the whole bldy point of H2GS. Environmental permit application? Just send them the link to H2GS home page and date it…… atb……
A little more about him:
https://people.equilar.com/bio/mikael-schauman-beowulf-mining-plc/1046841
A reason to be optimistic perhaps. The new NED did a good job at Lundin Mining. It trades in Canadian dollars, yesterday closing at 10.81CAD, or 7.97 USD. I spotted this link, a brief profile of him, but he was Vice President of Marketing at Lundin. His own shares in the company total 158,000 which were the equivalent of 8.95 USD. The sp obviously subject to fluctuation, but I’ve been asking myself just why someone who has held a position in what is a successful company bother his efforts on a minnow currently with an sp of around 1.5p. Why bother even being a NED?
You can draw your own conclusions, but he obviously feels he can markedly improve our situation, but how markedly is open to debate. But why is he even bothering? It must be worth his time and effort.
Anyway, here’s the link:
https://uk.marketscreener.com/business-leaders/J-Schauman-06R75K-E/biography/
Evening SJ. That’s us hoping something is going on which they can’t tell us about, but until we know for sure, the concern is it could still be a massive let-down, false alarm type situation, and all we have at the moment is hope. Ed will soon have been here a month and has so far told us nothing specific re any of our operations. Only that he’s been to see them all. Also the new NED, not a peep from him, albeit Chris Davies has been a background ghost for many years.
So yes, it’s frustrating, but rumination for me has been dangerous, because I worry we could still get taken to the cleaners as existing shareholders, rather than think it could be great. I need evidence of the latter.
But I’m still here to keep you and Sooz company.
:-)
Hi Eric, there has to be something going on in the background, whether it be a sale/partners-something. They are so keen not to give any details on the ongoing review even in the unaudited results- post period etc, so limited. They really are coy right now, all under wraps. I'm hoping something good comes from all this, as something is off.
We are due some good news, if the change of personnel isn’t already a good thing. We don’t know yet.
I’ll be glad to have the Sami hearing over with, even though the decision may not come for some time. No backsies, a welcome finality to proceedings.
I like that.
Eric, don't let it...travel hopefully.
Sooz, not sure that I’ll ever find this “exciting” again. A relief one day perhaps, but it’s been completely draining.
Though for some reason I’m still here. Lol.
Hi Maddog, I missed your post. Well, it should be worth that easily? Depends how badly someone wants it. If only we’d have proven up KS already. But of course we still can! Lol.
And I agree with FF23 that news might be in short supply for the next two or three or four months and perhaps a bit more for the Judgement. We've done it before...songs, poems and tales of the unexpected? GLA.
That's the spirit Maddog. And if Chuteless is correct we might have reached the bottom; famous last words I know but finished blue in Sweden, back again on 2 SEK. So, yes, Eric...let's just see how exciting it's going to be.
Doubtful. I expect Bayls never gives it a second thought Roller. As for Kurt, I’m gutted that he left while the sp was so low (lower since), and that his plans were deemed insufficient. He’s a top bloke, in my opinion, but can’t now be said to have seen this as being a success story under his tenure. We did secure the concession, and no doubt his supplementary work contributed greatly towards achieving that positive outcome, but it seems he didn’t have the necessary preparation capabilities for what came next. He wasn’t ready to kick on, following the decision. All a bit random and haphazard, but I feel he was under a lot of pressure without any assistance. Or very little. Anyway, he’s gone now, and I’m still miffed about it all, but he took this as far as he could, or was allowed to do.
A change will mean a different strategy, more structure to the plans perhaps, so I’m all for that.
Let’s see.