Agree chaps, The only thing puzzling is why it has all taken so very long for a final decision. I would suggest political manoeuvres, incompetence in certain areas, perhaps a bit of both. However, we are only guessing why and that includes what will occur post-concession. We hope and trust that a stunning future has already been long since planned for Kallak, of course, but we must wait and see.
The deposit itself is sensational, we know that, and the ANI status reinforces it, so as shareholders it appears that clearly we do have much to gain.
Hello Ed. Agree with your sentiments. Just taking stock for a moment. Yes, being positive however, I don’t think it’s being silly when saying, this is a great resource from any measure. It is of supreme quality and of serious quantity – yet to be fully measured with much more potential. In market terms, just take the European motor and commercial vehicle – volume units, alone! It’s rich in demand for fine iron ore (ball-bearings etc). Then there’s Sweden’s annual iron ore mining figures, running at approx. 35 MT’s. when/if the Kallak’s get to full production, we could be talking something approaching 10 MT p/a. That move in balance is a huge consideration for many, on many fronts. This concession application is most significant amongst many in positions of power (as we have learned). I feel, if a concession is granted, the climb in SP will surprise many, with huge satisfaction. Kurt Budge does impress in that, he will maximise its potential in terms of commercial gains, and social/environmental standards for regional and national importance, if the green lights comes. Finally, interested parties do have their means to capture any positive mood behind the official doors (they always do). When/if that happens, no one will keep the lid on this, we will be out of the blocks before the official starting gun! Imo only. Atb
One of the greatest composer, songwriter and singer of our time is Aznavour. Even today in his 92 years Aznavour continues to perform and conquer the hearts of his countless fans in the world's most prestigious stages. All of his songs are truly unique having beautiful melody and lyrics therefore to chose the best one just impossible. Amongst his much loved and well known worldwide are "She" or "A life of love" used in the film "Teheran 43". But for me his "To My Daughter" just exceptional. https://www.youtube.com/watch?v=j5Uimg1uR0w
Mrs44 and ! just returned from a short visit to our old home in France in time to see what appears to me to be the last lap of a very long race. I cannot think of one reason for the CAB to question our proposed transport route if they did not intend to award the approval to mine.
Those crafty Swedish punters certainly believe that the news is positive with the Aktie up 4%, at its highest close since June.
“5 minutes” lol. (5 minutes in 4 years lol) Yes, hope all is well with you too! Yes, I too sense that the end is near. I don’t believe that those in the position of power in a country where state miners have a virtual monopoly (98% of production), will issue a concession without assurances first, that any private offer will be allowed without a state miner at least being given the opportunity to match any such offer – regardless of all other. Fireworks a plenty here! Atb
Sounds like that to me too augy, 'It looks like this is much more to do with exclusion than inclusion' if I'd wrote that in the first place it would've saved me 5 minutes! Ah... I sense the end if nigh.... Hope all's well.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.