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Hi Suzy
In brief, the article states Beo applies for more exploration drilling. 50 drillholes. 15-18 000 drill meters. It's the area south of current exploration. Just adjacent to Parkijaur lake. Drilling May-Nov in order not to disturb Sami reindeer herding.
I don't think Beowulf Mining would be spending money on more exploration unless they believed that the licence award was imminent. That RNS on 4th October advising of a CEO interview was a message telling long term holders that the licence is in the bag and therefore don't sell your shares.
I expect the news to be on a Friday between now and 22 November.
And another 3 weeks passes.
Government case is taking time due to "legal complexity". Questionable what. Should be fairly straightforward for anyone with a modicum of intelligence.
Application received. Fully and correctly completed.…Tick
Economically viable proposition….Tick
Approved by MI….Tick
Approved by CAB….Yes and no. But CAB failed to follow correct process so latter opinion should be discounted
ANI status….Tick
Competing interests….Yes. Reindeer husbandry but can co-exist. Alternative ANI not valid.
Adverse environment impact….Outside Laponia. No direct/indirect impact identified
No good reason why a decision has not yet been made.
I've been worried about it because a Parkejaure licence renewal was declined and appealed but I never heard any outcome of it So, many thanks. X
They applied in July (registration date July 19.), and got their go ahead on October 10.
No direct links available, but you can search for "jokkmokk" in the box next to "Beskrivning:" here, and find it:
https://www.sgu.se/bergsstaten/om-bergsstaten/aktuellt-diarium/
Having just said that...I don't know if they got the go ahead or not, just that they seem to have applied for it.
Andy..that is precisely what I meant, that the company got the go ahead for more exploration... I didn't expect it to mean anything else. Personally, I would have thought it did merit an RNS, particularly since the renewal of a previous licence was declined, I think it's important.
Have you all gone insane all of a sudden?
The company got the go ahead for more exploration in the Kallak area on October 10., so obviously they didn't even deemed it RNS-worthy.
"Beowulf has clearly had the message from Baylan", yeah right.
Sooz, thanks for sharing. Dunno about it though. Let's see what next week brings. As it stands, it not being official news from BEM, I'm not happy. Lol.
Perhaps best not to jump the gun Geo. I would have thought Kurt is obliged to tell us something of that nature, particularly because of its importance and considering the wait we've endured, and inform shareholders before anyone thinking of writing an article is able to get their hands on the information. If Baylan gave us the nod yesterday, and we then applied for extended permits with immediate effect, or have applied for the permits now even without any further contact from Baylan, then I'd expect some sort of news first thing on Monday morning. If we don't receive any, then we can take the article with a pinch of salt.
In my view.
Tremendous news indeed. Beowulf has clearly had the message from Baylan.
Can't be long now and certainly before the 27 November Conference
Sorry that's not working.....
Just google this: Gruvbolaget vill utöka borrandet i Kallak
13 hours ago · KALLAK Kallak Beowulf Mining is now applying for extended drilling permits in Kallak to map the deposit additional. Hope it's true you can't trust news these days but beware in case it isn't.
You have to subscribe and I'm not certain you'd get it in English but there's a good picture.
https://pren.nsd.se/article?redirect=https%3a%2f%2fmobil. nsd.se% 2fnyheter% 2fgruvbolaget-want-expand-drilling-in-Kallak-nm5229791.aspx & m = false & action = complete request & callback = https% 3a% 2f% 2fmobil.nsd.se% 2finc% 2feprencallback.aspx
Thanks Niksve.
"Sums up Sweden’s arrogance that centuries old certainties still hold sway. They do not."
True...and the UK is no longer the ruler of a great empire. ;-(
That statement is a sick joke - either a bare faced lie or the author is deluded.
Be aware that the U.K. has contributed 17% of the EU budget for many year. That will cease very soon. Remaining members must tighten their belts significantly, Germany and France, for whose benefit the EU has been developed are at the front of the queue. Sweden’s current economic downturn will be hastened by the lack of EU money going forward.
As far as Sweden is concerned, it is a perfect storm, economically, and yet ineffective ministers like Baylan continue to spout this rubbish.
Just had another look at it;
"........However, the starting point for the government's handling is always that it should be done quickly, efficiently and without compromising legal certainty. At this stage, I cannot comment on when the cases are sufficiently prepared so that decisions can be made."
Morning Ibjj . Well, sort of, but not the truth, the whole truth and nothing but the truth.....another story line could be that in December 2018 the sp was 4.2p.
...Can’t say no, won’t say yes.
My assessment of this sh*tshow is as true today as it has ever been.
Just a brief moment of gentle scrutiny for Baylan. Now back to normal and the Aktie owners have played punters like a dream to extract maximum profit.
Sums up Sweden’s arrogance that centuries old certainties still hold sway. They do not.
Sweden’s economic downturn is already unstoppable and with ministers like Baylan will only gather momentum. So sad...
Friday Sooz. I think we all deserve a Crunchie.
X
Yes me lover, time methinks now for the deployment of our own buzzy bity.
Laffin suzy... any other nation would show um.... if only it was BEM in any other nation.... try to keep busy .... the time will pass the pressure will grow... and will all be a tad richer..... is my prediction
Brick
Call themselves a mining nation? Huh! If only they had that ore in Cornwall, they'd show 'em.
Which reminds me of the time when Asa Persson responded to a question about how long it would take....there's a lot of paperwork and we don't have enough resources, it could take a year to process it....and we were aghast. That was about two years ago I think. Just thinking this morning that it takes an apple three years to grow from new wood but to come to fruition it will need help from outside sources, buzzy bity things. Blame Eric.
One response could easily be to turn it into an opportunity to waste another 9 months assessing it,sending out to all interested parties for comment then sending it back to interested parties for comments about comments made by other interested parties by which time another election could be pending ? Cynical ? Of course I am but we have seen this disgraceful behaviour time and again,an excuse for doing nowt at all.