It doesn't matter what anyone thinks at this stage, it's whether the Company has satisfied the criteria for the granting of a Concession, and shareholders here have been informed by the Company that our application has included everything required for a positive outcome. Legally.
Over the last two years the Swedish investors have dramatically increased their holdings in the Company, because they must be confident that Kallak will be mined, maybe with LKAB involvement, maybe without. Confident all the same.
As for Kurt, he has every right to expect a decision will come before long, due to the drawn out timescale already taken by the authorities over our application. It is not unreasonable at this stage for him to have written to the Government on our behalf.
From the facts we have at our disposal and from what Kurt has told us, with our application an extremely comprehensive one, we have to look to the future, away from this current malaise and from the attempts by those who simply don't wish for Beowulf to succeed. Those people must be worried, to keep showing up here when they aren't invested. We must be on to something good.
In addition, and finally, Kurt's statement about the Norra Karr ruling was seen as arrogant. It's as though he was telling the Swedish government, "Look you bunch of lazy ******s, Beowulf has done everything required of it by law. Stop dicking around and grant us the concession so that we can start mining and making money."
One local summed up the sentiment really well: "Beowulf is run like a pub band by amateurs and part-timers. They are out of their depth and have no clue how Swedish mining works and don't understand the local culture.They have lost most of their support in Jokkmokk. No one believes they are fit to run a mine or even sell the asset it to a proper mining company".
I've been spending the past few days talking to former mine supporters in Jokkmokk, mostly social-democrat types who were keen on the project when it was first announced. One of them was a driving force on the pro-side on social media, but he has withdrawn from that and no longer has anything to do with the campaign. I also talked to a couple of council members in Jokkmokk, former supporters who have lost enthusiasm for the project.
It's interesting to note that the mayor of Jokkmokk is not a mine supporter, unlike his predecessor, though they are both social democrats.
The opinion among former supporters seems to be that Beowulf can't be trusted. The company is a minor player with almost no track record in mining, certainly nothing in Sweden that can be used as evidence to prove that the company knows what it's doing.
Beowulf underestimated opposition to the mine and has been heavy-handed in its treatment of Sami villages. It also seems to have little clue how to deal with setbacks. The general feeling among former supporters of the the mine in Jokkmokk is that the government will not grant the concession. They would only support it if a major, local player such as LKAB came in and took over Kallak.
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