Hi Graham. I feel it's probably best not to guess what will happen should we receive the concession, because nobody could have ever predicted there would almost be (and still ongoing) a four year wait for the granting or otherwise of this licence.
Only my thoughts, but this share has been absolutely unpredictable and therefore quite unmanageable in terms of the planning of the stages for our progress.
Good post lb. I was sick myself after that second RNS on Wednesday and happy after the last one, but you know my thoughts on how unnecessary the first RNS was. I emailed Kurt twice, to both vent my alarm after Wedenesday's second RNS, then to show my appreciation for Friday's RNS. We should do that, as shareholders. It is our right. Our money invested.
Anyway, yes, hopefully that show of strength on Friday from Kurt will work in our favour at stopping the rot, as the MI now has to make a decision on whether it makes "the" decision. Lol.
We can't wait any longer, the time is up and everyone knows it, including the bureaucrats. It's just a question now of what excuses they can muster, and there absolutely are none.
Looking forward to the next news then.
Good luck on Monday if you are going to try and buy in again. At least your holiday is paid for after the last sp debacle. Lol.
Hi Ed. Sorry for the late reply, been out all day, just returned now. Yes, not sure if the CAB has thrown in the towel, I doubt it ever would, but it does have to abide by the laws of the land, so maybe that is more likely to be what is now actually occurring, no more irrelevant tangents and an acceptance that our application has met all criteria required for a concession award. Of course, my opinion only. Time will tell.
Cheers Ed and here's to a good week for us next week.
Some great posts today as always. Looking ahead to the future of BEM on the positive side of caution. When we get the permit granted, what will the next steps be before production? Since I'm sure BEM will need a JV to get everything off the ground. What sort of time frame we looking at before the first ore is pulled from the ground? 12-18months?
Secondly, I can see the total share are currently 506mill. With the split between U.K./Sweden 45/55 with more moving over to Sweden every week. Now are we likely going to see a share split/dilution in the near future? As I'm aware if we get a yes shares will be in very short supply with many big players having vast amounts purchased at the 2-3p range and possibly not wanting to sell up.
Yes, I do think you are right with that! “Budge has in effect pinned his colours to the mast.” …. If Kurt Budge at this very moment, doesn’t already know what comments/input these two agencies will make/have, then, I would be most surprised and disappointed. …. Patience! lol. atb
The tipping point for me was yesterday's RNS. Accelerating towards the swedes realisation that they are no longer free to flout their own laws, but rather be instructed by them to issue the concession. KB must keep up the pressure. I am sure he will...
I don't see how, in practice, it can stay the same, now that KB has declined the invitation to add supplementary detail. All the information required for the final decision is already with the swedes? They simply need to understand it better, or, in my opinion, not be so useless. If they start umming and aahing, our lawyers and the two Swedish advisors will be turning the screw. Wasn't that the principle message in Friday's RNS? Just my opinion, but friday's RNS was a watershed event for me. Just wish KB had not bothered with wednesday's second RNS, as, within 48 hours it's content was superceded.
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