I know as much as you when it comes to BEM V Swedish mining protocols so not best suited to give definitive answers, but I expect the license approval to give the resource solid validity and therefore a much more de-risked investment. So one would hope so! The council are making preparations for a feasibility study/business planning in light of the green light for a mine, I'm keeping a close eye on this and not too concerned about the buys and sells at this stage - http://tinyurl.com/o9jp24n
So as I see it we are in a good (ish) place..... Certainly more buys than sells over the last few weeks, a reasonable take up on the funding, new top cheese that has mining experience and CSP is off to hopefully be replaced again by someone with mining experience. If we get the mining licence this should start to move us in the right direction.... Or am I misisng a trick here? I've got almost 300,000 of these bl00dy shares so please tell me i'm not a million miles away with my view....
Quite possible they were given their marching orders as part of the funding agreement. Expect they've had a damn good time whooping it up with the Saami. Either way its crunch time. What exactly is £2mil going to buy and for how long before they come back to tap the market again?The buyout idea seems to have evaporated. At least CSP has bought in. Will wait to see what happens when the new shares hit the market.
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