Good point. And yes, certainly seems like a well timed RNS. If it was a JV then do you think it would be just for KN? and not the whole Kallak licence area? Cerainly better for us if just KN, then we have more golden carrots because at the moment we dont truly know how good our other licences are yet..
I've long thought a JV deal, not a sale. Either is good as long as it's in the PIs interest. Look at the strategic investor that went to BAO then look what happened! I don't think for a minute Kurt Budge would accept that kind of investor. More likely a bigger one that can actually take us to the end game.
well the wolf is awake. brokers target is 18p , I some times wonder if that is the agreed buy out price. hope not , looking forward to jv deal and licence asap. rns looks like a pr drive to show potential partners the quality of the product. once licence is awarded would expect a jv deal / sell to be announced asap . got the feeling that we are looking at jv deal to mine. nice to see new names appearing on here . welcome one and all.
We know what we have here, a top deposit. These are the best results to date. Over 70%. All important for that strategic investor :)
The award of an Exploitation Concession and our advanced understanding of Kallak North, and its market attractiveness, are important foundations for bringing in a strategic partner and investor. I look forward to updating the market further in due course."
Fingers crossed, if and when we get the strategic investor it is on good terms for us.
"Sirges and Jåhkågasska Sami villages to meet the management of Beowulf at 16 today. It writes the Swedish Sami Association in a press release.
Jokkmokk Iron Mines AB (JIMAB) still plans to start mining in Kallak. JIMAB owned by Beowulf.
Last time the villages Sirges and Jåhkågasska met Beowulf was in November in 2013.
- Beowulf has a new management and the wind has turned to the mining industry, now blows a strong headwind and I assume that it is no longer as interesting with a mine Kallak, says Jonas Vannar from Sirges Sami village.
- We have always said that we gladly hit the company, but only if there is something to talk about, says Mattias Pirak, Jåhkågasska Tjiellde.
- Mineral exploration and reindeer herding in coexistence has been on the agenda for several years, we can however see both at national and international level that it is no longer given to the mining interest should be given priority, says Jenny Wik Karlsson, a union lawyer at SSR and Sami villages agents."
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