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Beowulf Share Chat (BEM)



Share Price: 8.875Bid: 8.50Ask: 9.25Change: 0.00 (0.00%)No Movement on Beowulf
Spread: 0.75Spread as %: 8.82%Open: 9.00High: 9.375Low: 8.875Yesterday’s Close: 8.875


Share Discussion for Beowulf


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EricDraven
Posts: 22,391
Off Topic
Opinion:No Opinion
Price:8.875
Mick_OC
Sat 20:48
Well said Mick and thanks for sharing. Yes, Kurt is doing an excellent job, in my view. It's been an horrific time for him with Kallak, I wouldn't have wished this saga on anyone, yet he has behaved with the utmost integrity throughout, and continues to do so. Top notch.

He is the reason we are in the Kallak Cup Final. Lol.
 
Mick_OC
Posts: 2,295
Off Topic
Opinion:No Opinion
Price:8.875
From Kurt
Sat 19:06
And I agree with him, he has my support as he's done a superb job since coming on board:

"Dear Mike,

Thank you for your email and the link to the NSD article.

I am sure you appreciate that I have had a busy week in Sweden, and I am unable to answer your emails/questions when works are in motion.

Regarding positive and negative discussion on share boards, I can only do the best job that I can.

If you remember back to early 2015 when our market cap was below £5m and Kallak was our only asset, then I would hope shareholders can see that we are in a much better place with our market cap and Kallak, and we now have opportunities in graphite, and our Åtvidaberg and Sala exploration licences.

Thank you for your support and have a good weekend.

Kurt"
EricDraven
Posts: 22,391
Off Topic
Opinion:No Opinion
Price:8.875
Mick_OC
Sat 17:06
Transport routes can always be amended in the future if need be. We have already changed a proposed route. The point being we will always work with everyone in the area to explore the safest options.

Mick, I feel that we've reached saturation point with all this now. I'm trusting that Kurt has, and won't be submitting anything else. It's a case of wait and see. If the MI does not grant this concession after our four years of waiting and us bending over backwards to more than satisfy the actual concession criteria, then we have simply been defeated by Swedish bureaucracy and anti-mining campaigners. Sweden's own laws and licence criteria distorted in the process. Nothing more.

Then would come a tough decision. What would Kurt do next?

Hopefully it won't come to that.

Cheers Mick.
EricDraven
Posts: 22,391
Off Topic
Opinion:No Opinion
Price:8.875
Mick_OC
Sat 16:42
Cheers for posting that. What a chore this investment is. Lol.

But a worthwhile one.

:-)
Mick_OC
Posts: 2,295
Off Topic
Opinion:No Opinion
Price:8.875
More positive words
Sat 16:41
https://translate.google.co.uk/translate?hl=en&sl=sv&tl=en&u=https%3A%2F%2Fwww.svt.se%2Fnyheter%2Flokalt%2Fnorrbotten%2Fgruvbolaget-liten-paverkan-pa-laponia&sandbox=1

According to a new in-depth impact assessment of Jokkmokk Irone Mines AB, the world heritage Laponia will not be significantly affected if the planned mine in Kallak will start. The report is an answer to the questions raised by the Swedish Environmental Protection Agency and the Swedish National Heritage Board, which deals with how the world heritage will be affected.

The Swedish Environmental Protection Agency and the Swedish National Heritage Board submitted a letter last year requiring the mining company Jokkmokk Irone Mines AB to clarify the issue of possible consequences for the world heritage Laponia at a mining establishment. According to the Swedish Environmental Protection Agency and the National Heritage Board , the company's mining application should be rejected if the company does not complete it.
Limited meaning

Now the mining company has submitted an in-depth impact assessment describing that the planned activity has limited importance for Laponia's natural and cultural values. According to the company, the report is based on previous documents from the application for processing concession, namely the Environmental Impact Assessment (MKB), the drainage analysis, transport investigation and more.

World Heritage Laponia has both nature value criteria and cultural value criteria and therefore the company has chosen to analyze the parts separately, Jokkmokk Irone Mines writes in his report. According to the report, the planned mine should not significantly affect the culture-based criteria for Laponia. And the impact that directly affected communities can be exposed to can be limited to moderate by applying safeguards, precautionary measures and compensation. According to Jokkmokk Irone Mines, there are no effects on the natural value-based criteria as the designated parts are not affected by the planned mining operations. The Kallak mine is supposed to be adjacent to the world heritage Laponia.
No response to transport

How much ore transport can affect Laponia is hard to know today, according to the report. This is because the project is still relatively early and a definitive solution for the transportation of ore has not yet been established.
EricDraven
Posts: 22,391
Off Topic
Opinion:No Opinion
Price:8.875
aug59/TheFarEnd
Sat 16:40
Yes, and ithe organisation will still have to abide by the laws of Sweden. Not conveniently do as it pleases. If a mine is viable at Kallak and the Sami reps haven't anything specific by way of detriment to our case, particularly in view of the distance from Lap to Kal, then they will have to acknowledge that a grant of concession is correct, even though they don't accept it as being to their liking. Yet knowing, however, that it will be given to a responsible company, one which is eager to keep local communities involved.

But Beowulf and Kurt can only do so much. If there isn't a mutual reciprocation of good will from the Sami, then although a pity, it still mustn't affect the application of the law.

I've mentioned this before. The Sami do not rule or own Sweden, they are free to roam and settle, but are each as indigenous as any other Swede. Are the Sami ever thinking of the plight of their own countrymen?

A mine at Kallak will bring much needed employment and prosperity. It will not have any direct or indirect effects on Laponia.

There we have it.

Over to Åsa.
aug59
Posts: 1,336
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Opinion:No Opinion
Price:8.875
TheFarEnd
Sat 15:56
Afternoon. Yes, the Sami won’t give up that’s for sure. This organisation may have taken over the responsibility for the management of Laponia, however, that won’t have the responsibility to rule on the judgement re any question of indirect impact on Laponia. Of course, they will try to influence the judgement but, so will others. Imo. atb
TheFarEnd
Posts: 703
Off Topic
Opinion:No Opinion
Price:8.875
Re: Positive.
Sat 15:35
This is probably the reason for some of the current problems concerning Laponia.

The administration of the World Heritage Laponia site is managed by a board known as ‘’Laponiatjuottjudus’’ (LT) which is an organization with offices in Jokkmokk. This organisation has gradually taken over responsibilities for the management of Laponia from the CAB and the majority of the representatives are from the local sami villages.
All decisions regarding Laponia should / must be taken in agreement with the CAB. However with an overwhelming sami input on all things relating to Laponia, you begin to understand how they came up with the term ‘’indirectly affect Laponia’’ especially as has been stated, Kallak does not directly affect Laponia. What’s more worrying is they were asked to provide their reasons and failed to do so.

The current set up regarding Laponia is in place until 2018, after that the sami majority led organisation (LT) are seeking to administer the area with the local people autonomously meaning absolutely no input from the CAB.

Its now or never for BEM!
My thinking is that if this situation is not dealt with fairly soon, the sami will be able to delay the awarding of this concession virtually indefinitely, which after all is their ultimate aim.
Mick_OC
Posts: 2,295
Off Topic
Opinion:No Opinion
Price:8.875
Positive
Sat 08:40
https://translate.google.co.uk/translate?hl=en&sl=sv&tl=en&u=http%3A%2F%2Fwww.nsd.se%2Fnyheter%2Fkallakgruvan-paverkar-inte-laponia-nm4532681.aspx&sandbox=1

The Swedish Environmental Protection Agency and the Riksantikvarieämbetet demanded that Jokkmokk Iron Mines AB, Beowulf's subsidiary, need to clarify the consequences of a mining establishment in Kallak for Laponia.

The in-depth impact assessment is based on previous documents - the environmental impact assessment, the analysis of the drainage, and so on - and, according to that, the mine does not mean that the culture-based criteria are significantly affected.

Impact on affected communities is described only as "moderate" and in terms of nature-based criteria, no impact is found at all.

According to the impact assessment, a mining facility in Kallak would only amount to a thousand of Laponia's size. In addition, the mine is not in the world heritage site, but 34 kilometers away.

Jimab also rejects the Sami Parliament's attitude that the mining area is a national interest in the run-up.

However, the question of the impact of the transports is not touched on, but they are under investigation at a later stage.

The mining company also wishes to emphasize that "significant positive consequences" in the form of "economic vitality" and road network investments, which can lead to an increase in visitor frequency and accessibility to Laponia.

- No questions left. It is my firm conviction that we have done all we can to get a concession, writes Beowulf's CEO Kurt Budge in an email.

The company now hopes that the case will be dealt with urgently and that the Bergsstad should promptly request the county administrative board to take a stand.
EricDraven
Posts: 22,391
Off Topic
Opinion:No Opinion
Price:8.875
Gambier
Sat 01:32
Good point re a potential JV with LKAB and the regulatory aspects. It should work very well for us in that regard.




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