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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Beowulf Share Chat (BEM)



Share Price: 5.55Bid: 5.50Ask: 5.60Change: 0.00 (0.00%)No Movement on Beowulf
Spread: 0.10Spread as %: 1.82%Open: 5.55High: 0.00Low: 0.00Yesterday’s Close: 5.55


Share Discussion for Beowulf


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Suzy2
Posts: 6,533
Off Topic
Opinion:No Opinion
Price:7.10
RE: tintin35
22 Mar '18
Couldn't load the link but I thought that ruling was a couple of years ago....if it was it would be interesting to see what if any effects the building operation has had on the herding business.
 
EricDraven
Posts: 25,597
Off Topic
Opinion:No Opinion
Price:7.10
tintin35
22 Mar '18
Thanks for sharing that matey, much appreciated.
EricDraven
Posts: 25,597
Off Topic
Opinion:No Opinion
Price:7.10
Bobtree
22 Mar '18
Yuck.
FF23
Posts: 369
Off Topic
Opinion:No Opinion
Price:7.10
RE: recent court decision
22 Mar '18
Tintin, thanks for that court ruling info. Very interesting.
tintin35
Posts: 1,857
Off Topic
Opinion:Strong Buy
Price:7.10
RE: recent court decision
22 Mar '18
from avanza;

The Berg State granted BK as a cohabitant appealed to the government. The government rejected the appeal. Samebyn then appealed to the government's decision to the Supreme Administrative Court.

Samebyn stated that the planned mining was within a very important reindeer husbandry area in a joint year-round land. It was not about an area that the riders would only pass but about a very important grazing area during April-June and also during August-September. According to the cohabitation, only a quarter of the reindeer could be retained and five of the cohabiting seven reindeer husbandry companies would have to be shut down. As the remaining companies would not be able to guard and move alone, the consequence would be that the reindeer husbandry completely ceased in cohabitation.

The company pointed out that the deposit was very large, would create many jobs and that significant social benefits would not be achieved if the mine was not allowed.

The government stated that it was estimated that the mining and mining operations could not coexist within the concession areas during the time the mining operation will last. The government assessed that the national interest in mineral deposits would be given priority in the area in question. The Government also pointed out that, at its forthcoming permit review, the Land and Environmental Court could regulate how mining operations could be carried out so that the disturbances from the business affected the activities of Samebyn as little as possible.

The Supreme Administrative Court stated that if the run is to be given priority, it would have meant that a very large nickel authority could not be processed. The Court also found that mining would lead to significant adverse effects on reindeer husbandry even on land surrounding the concession areas themselves, especially in close proximity to these areas. According to the Court, however, it was not possible to assess the extent to which the mining operation would be carried out
It's not hard to see the parallel to Beowulf's application for what is said to be "one of Europe's largest known unbroken iron ore deposits". As I see it, the odds were a worse one for the mine that the matter was about. The fact that the Supreme Administrative Court nevertheless said yes means that at this moment, I can not see any alternative but Beowulf gets yes by the government. How could they motivate a no
tintin35
Posts: 1,857
Off Topic
Opinion:Strong Buy
Price:7.10
View Thread (2)
recent court decision
22 Mar '18
MACARTHUR MINERALS LIMITED (TSXV.MMS)
Market Cap: 11.73 MCAD, (approximately 74.76 MSEK)

https://macarthurminerals.com/The Highest Administrative Court found that if the run/Sami is to be given priority, it would have meant that a very large nickel mine could not be processed. The court also found that the mining operation would have significant adverse effects on reindeer husbandry even on land surrounding the concession area itself

So, even where the reindeer business would have "significant adverse effects" the court said the value of the mine justified a licence.
Kind of difficult to say no now isn't it?
ed44
Posts: 6,643
Observation
Opinion:No Opinion
Price:7.10
FF23
22 Mar '18
Hi

It's not Ed v lbjj it's lbjj v Ed. I filtered him ages ago but he probably still insults me on the now not so frequent occasions when I post here.

Your post's about right. Nothing happening and as yet no info about what might happen. If this goes on much longer I might change my handle to FFS, the S meaning Sake !!
FF23
Posts: 369
Off Topic
Opinion:No Opinion
Price:7.10
Update please...
22 Mar '18
.....but not from you lbjj thanks.

I’ve been off the B.B. a few days distracted by other shares and can’t be arsed to read back through the Ed vs lbjj saga etc. My understanding is that the Sami got their not-new comments in late on deadline day 19 March and it’s been silent since. That being the case we’re now just waiting for the Govt to announce what’s next in their process. Sound about right? Thanks and good luck all.
Bobtree
Posts: 622
Off Topic
Opinion:No Opinion
Price:7.10
Not good news for Salmi community
22 Mar '18
Reading the BBC News website the following story from Norway has prominence today
http://www.bbc.co.uk/news/stories-43478396
Whilst I suspect these type of events are not unique to the Salmi community I was completely shocked by the scale!
With such headlines the Swedish Government need to chose carefully who their friends are.
Suzy2
Posts: 6,533
Off Topic
Opinion:No Opinion
Price:7.10
RE: Suzy2
22 Mar '18
Lol

Morning All.




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