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Beowulf Share Chat (BEM)



Share Price: 8.75Bid: 8.50Ask: 9.00Change: -0.15 (-1.69%)Faller - Beowulf
Spread: 0.50Spread as %: 5.88%Open: 8.75High: 8.875Low: 8.625Yesterday’s Close: 8.90


Share Discussion for Beowulf


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Stratosfear
Posts: 9
Off Topic
Opinion:No Opinion
Price:8.00
RE: Honest MMs. Is there one out th..
10 Apr '17
Hi Ed,
Can you tell me how you get such a good deal on your B&B transactions - only 500 or so difference when the spread is so large at the moment? I just tried to B&B 150K and got quoted (online - Interactive Investor) 141K as the buy back!! Do you ring your broker for a quote?
Cheers,
Chris
 
ed44
Posts: 5,905
Answer
Opinion:No Opinion
Price:8.00
aug
10 Apr '17
I agree entirely. That is a ridiculously low figure. If Kurt did want to sell the Swedish operation I'm sure he'd want to get Kallak South JORC'd up first.

However, mining is in his genes. He is the son of the man who was probably the greatest British mining entrepreneur since Henry Bolckow discovered iron ore in the Cleveland Hills and turned Middlesbrough into an industrial city. Mr Budge senior bought out all of the government owned coal business when the whole nationalised coal industry was on it's knees and he turned it around and earned the nickname 'King Coal'

I think Kurt will wan't to see both of the Kallaks and the Graphite play through to production. Where did all of these ideas about him selling out prior to production came from. I think that in addition to trying to beat the Swedes into submission he will be lining up the cash or possible mining partners in anticipation of the start of mining.

I also believe that he as soon as we have the permit to commence mining on Kallak North he will get a portion of Kallak South JORC'd up and start the fight to get it a permit. A least the fight on that one should be short and sweet once the current battle is won.

Just my opinions of course, but I believe in this whole project and would love to watch it all come to fruition.
aug59
Posts: 1,326
Off Topic
Opinion:No Opinion
Price:8.00
Martina07 Ő 11:34
10 Apr '17
£100m? That wud be a reasonable figure? Unless I have misjudged Kurt Budge and the Board, they wouldn’t even look at that figure. atb
ed44
Posts: 5,905
Observation
Opinion:No Opinion
Price:8.00
Honest MMs. Is there one out there
10 Apr '17
The big sells of 257558 & 258078 shares posted at 10:44 was the B&B deal to feed my wife's ISA. The 257558 was the buyback but the MMs thought it would be nicer to post them both as sells. That evens up today's trading a bit.
ed44
Posts: 5,905
Observation
Opinion:No Opinion
Price:8.00
AIM getting tighter ?
10 Apr '17
Hi all

The start of another weird and wonderful week in the mystical land of Oz, sorry I meant Sweden.

The Aktie started off slowly but when the AIM speculators started to bail out prior to the long weekend the big buys started in Sweden so I guess most f the sold shares got shipped over the pond to Sweden. I'm loving it as I can hear our market squeaking as it gets tighter. Keep it up you Swedes and start doing a bit to resuscitate your dead government so that we us oldies get rich before we peg out.

Best wishes to all our punters.
lbjj
Posts: 4,173
Off Topic
Opinion:No Opinion
Price:8.00
Martina
10 Apr '17
Hi,
Just wanted to ask you, are you finding it difficult to buy BEM on the Aktie in any volume?
martina07
Posts: 324
Answer
Opinion:No Opinion
Price:8.00
Tintin35
10 Apr '17
Well, 1% of 150 nm tons of Iron Ore at current prices ($80/tonne) wud b 19p per share, with 505m shs in issue. That wud b £100m total.

That wud a reasonable figure for an undeveloped and unfunded iron ore deposit in Northern Sweden, subject to lots of environmental and political objections.

IMHO. DYOR. GLA.
tintin35
Posts: 748
Off Topic
Opinion:No Opinion
Price:8.25
sell off
10 Apr '17
which begs the question - how much would they sell Kallak for (north and south)? I couldn't blame him after all this time (following the licence of course). £500m? Or less but keeping a share?
martina07
Posts: 324
Observation
Opinion:No Opinion
Price:8.25
View Thread (2)
Herring
10 Apr '17
I think there's a very good chance that KB will just sell off Kallak completely, to a Swedish Company, if we get the mining licence, then press ahead with Finland as a new & much cleaner entity.

After all, the Swedes hav shown about as much bureaucratic & political integrity as a newly opened tin of fermented herring ! (strangely nice with a bit of crispbread though !)

IMHO. DYOR.
dornod
Posts: 469
Off Topic
Opinion:No Opinion
Price:8.25
tintin35
10 Apr '17
Opened 0.40p down. "Like A Lamb to the slaughter"??

Over to you ed/Eric!!




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