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Beowulf Share Chat (BEM)



Share Price: 1.525Bid: 1.45Ask: 1.60Change: 0.00 (0.00%)No Movement on Beowulf
Spread: 0.15Spread as %: 10.34%Open: 1.50High: 1.525Low: 1.50Yesterday’s Close: 1.525



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EricDraven
Posts: 17,255
Off Topic
Opinion:No Opinion
Price:1.93
TheFarEnd
11 Feb '15
Cheers for that. Yes, Ballek was just an example of what I deem a side-project, considering the enormity of everything the Company has undertaken at Kallak, the obstacles that it has had to overcome, the time taken to date. Not to mention us shareholders having been put through both the financial and emotional ringer because of it. Sami also, I might add. It can't have been easy for them, this drawn-out affair.

Let's get on with it!
 
EricDraven
Posts: 17,255
Off Topic
Opinion:No Opinion
Price:1.93
Subtle
11 Feb '15
Let me choke you. Lol.

No, seriously Sub, I haven't forgotten about the Munky or our little discarded pal Ruotevare either, but you get my point about the years invested in Kallak. Money, sweat and tears for all involved. Local Swedes, BEM and shareholders alike. Kurt has to crack on with Kallak being the main focus, almost entirely. Bring that first winning project home.

Snort!
sj74
Posts: 15,427
Question
Opinion:No Opinion
Price:1.90
View Thread (2)
Mick
11 Feb '15
What is Kurt Budge email address? I can't find it.
TheFarEnd
Posts: 479
Answer
Opinion:No Opinion
Price:1.90
EricDraven/Ballek.
11 Feb '15
Entirely agree about other projects Eric especially Ballek.

We had a 50/50 partnership with Wayland, then after completing a recent drilling exercise there, it transpired Wayland had no monies to pay their half. It was then reported that we now have a 58/50 partnership.
Surprise surprise, you only had to look at Waylands accounts to see they were brassic.
In fact they are only next door in Richmond House Ely, (probably the same office).
I wonder who paid for the recent new Ballek exploration permits? Perhaps they are solvent now.

This is another reason I just get a feeling we haven’t seen the last of CSP and his involvement / association with BEM.
Or maybe its just the cynic in me.

GLA not long to wait now.
Subtle
Posts: 5,682
Off Topic
Opinion:No Opinion
Price:1.90
munka
11 Feb '15
Don't forget Munka, Sweden's (in fact Europes) largest potential Moly deposit, 10k drilled by SGU in the 70's. Munky was mentioned recently if I remember?
EricDraven
Posts: 17,255
Off Topic
Opinion:No Opinion
Price:1.90
Suzy2
11 Feb '15
I hope you enjoyed it Sooz. Yes, getting a bit of a twitch on now. You haven't missed anything, so at least we are all here together now for the verdict. Lol.

Morny morn. x
Suzy2
Posts: 3,910
Question
Opinion:No Opinion
Price:1.90
View Thread (2)
RE: Suzy2
11 Feb '15
,Eric. Just got back from your country, glad I haven't missed anything. Getting a bit tense now...might try some breathing exercises myself.

Nighty night, morny morn. x
EricDraven
Posts: 17,255
Off Topic
Opinion:No Opinion
Price:1.90
View Thread (2)
Suzy2
11 Feb '15
Nighty night. Hulk take deep breaths. Hulk mad. x
EricDraven
Posts: 17,255
Off Topic
Opinion:No Opinion
Price:1.90
Mick_OC
11 Feb '15
Sorry Mick, but after what we've all been through here, especially with the ridiculous amount of time spent waiting specifically on Kallak, it just p'ed me off. Extra pasty for me tomorrow, if anything, I can attempt to lovingly eat myself to death. Lol.

Nighty night.
EricDraven
Posts: 17,255
Off Topic
Opinion:No Opinion
Price:1.90
Mick_OC
11 Feb '15
Thanks Mick. Hope you get the 20p. I'm not sure I like the sound of Kurt's reply though. Kallak is 'the' asset as far as I'm concerned, so if by some bizarre quirk of fate the Government doesn't give the Licence then I'll be devastated. Ballek is in its infancy, whereas we've spent years on Kallak, and it's the sole reason why many of us invested. I couldn't stand to go through these lengthy processes again with another 'main' asset. Kurt is keen to make our Company a multi-metal outfit, but I'm hoping he's appreciating that Kallak must be a winner, or we are in the crapper. How would failure now on Kallak attract new investment into the share for Ballek?

Finally, if Kallak has a successful outcome with the Concession, which I believe it should and will, then I'd rather Kurt focused almost wholly on expediting the development of the deposit, increasing JORCed tonnage, upping the level of JORC on it, preparing it for production, rather than neglecting it now to focus on Ballek or whatever else. Many people's lives are tied up in the success of Kallak and he should be mindful of that. I hope he is.

Sorry for the moan Mick, but I've seen Chairmen work on projects in the past, spend much time on them, reel in shareholders with the promise of greatness, then just move along to focus on another 'biggie', discarding the former project as if nothing had happened. I'm sure it's not the case with Kallak, but we shareholders have been here longer than Kurt and have endured much. His response to you seemed a bit insensitive, in that, don't forget we have other assets.

So far, this share hasn't been funny, and I would say it's only the Kallak asset that has kept most of us involved. The onus should still be on that, almost entirely. Kurt has to know that, or in my opinion, shareholders will call it a day.

Cheers matey.





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