Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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The natives are getting restless, meanwhile as we wait the decline continues. Since the companies final submissions on the 5th March, the SP on the AktieTorget market was 0.90, alas today it's 0.791 a fall of 12% in 28 trading days. If this trend continues there will be no need for a Bed and ISA just sell and wait a bit and you'll end up with your costs covered and more shares.
Let me beg to differ....and my sceptical faculties were better than yours and MCs when you bought BAO, REM and UKOG.
The five years this has taken so far is history; my sceptical faculties remain intact and I remain up for the risk, it affects my ability to get on with my life not one little jot, in fact I'm enjoying it and I remain excited about the prospects. No accounting for taste, is there? But just for fun might I remind you both that I was more sceptical about BAO, REM that cancer cure project and UKOG than you were. My SOLG on the other hand which I wrote off five years ago are now doing very nicely. You don't need my permission to post whatever you like but telling people they are suffering from Stockholm syndrome and other perversions is not rational debate, investors here are entitled to make their own decisions.
Good afternoon, My first time narrowboating. I can recommend it. I take it you�ve had a bad experience? This board needs more people with a healthy skepticism about this. I know you would prefer to see posts exclusively from those who have a blind attachment to the belief that this will come good, despite five years of relentless evidence that it will not. Unanimity is no substitute for actual, tangible progress, is it? And there continues to be none of that. Over to you.
he has a right to post and share his views, this board isn't just for you and your daily nighty-night morny-morn nonsense
I'd rather poke myself in the eye with a sharp stick than spend more than half an hour on a narrow boat. The thing you don't understand, Ibjj is that everybody isn't a clone of you.
Ibjj ...It seems there's nothing out there more interesting than us ;-)
Just got back from a very enjoyable narrow boat holiday. As I unsubscribed the RNS alert last month, I was unaware of it. Lazy Sunday morning. Thought I�d read it, knowing it wasn�t good news from the continuing slide in the SP. So, to summarise, the RNS says there�s no news or progress to report. Additionally, although the government have had all submissions for weeks, none of which tells them anything new, the government are not able to announce even a timescale!!! To add to the farce, we are now asked not to pester the government in case it upsets them, or distracts them from the task in hand??? Like anyone believes it is in anyone�s pending file. What sorcery is this, which has cast it�s spell so effectively that I�m reading posts from long suffering long termers agreeing that we must continue to sit on our hands and not get involved. FFS. You guys have taken the Stockholm syndrome to a whole new level. FIVE YEARS and no timescale or roadmap for any sort of decision or supplementary delays. I really do despair of the passive acceptance of being royally shafted, week after month after year. Leave you to your perverted pleasure.
Good sensible posts. I also believe that we are finally on the last of many laps. After 5 years of waiting I just want this thing finished so that I can get back to day trading which is what I love doing. Buy in the morning, sell in the afternoon and make a bit of money. Much more fun. atb .
Thank you posts for your posts.Much appreciated.I agree that at long last we are on the final lap and contrary to some remarks,a decision MUST be made.The eyes of the mining world are now firmly on this fiasco so I believe there is a lot at stake not just for Beowulf but the Swedish government for a positive decision.Unfortunately the pa----- word has come back to haunt us but it is the only one applicable at the moment.All I want to do is get on with the rest of my life.lol.atb.
Hi Aug. Thanks and good posts yourself. We have waited and waited, but this wait now (and I've had to break the total waiting time down into manageable chunks, to avoid having a mental breakdown, lol) is thankfully not something leading to yet another round of the gathering of opinions and comments. It's with the authority that can make THE final decision and each and all interested parties have been instructed to lay down their cards, which they have. No comfort breaks available and I feel Kurt has the best poker face. Ka-Pow!
Evening. What I do think John is that Kurt Budge is talking and listening to everyone involved. It�s in each, and everyone�s interest to do so, regardless of surface sheen. Interestingly, when Kurt Budge first arrived, he did, at every opportunity (RNS�s, presentations etc) place much importance to stress that, his stewardship was a new beginning in BEM�s approach to the Sami, and his desire to form good relations with such. He also spoke of CSP�s failings in this area. At that time, I felt that some of those comments were unjustified. CSP didn�t perhaps have Budges communication skills but, he wasn�t disrespectful to the Sami either, as I remember. I make mention of this because, now with the benefit of hindsight, Budge at the very beginning must have had some good measure of what then lay ahead in respect of the Sami (inflexible, determination) plus (CAB?). That would perhaps suggest that Budge talks and listens to the people who have a good feel, and knows what exactly, it will take. We can only guess at, who he talks to, and what kind of relationship actually exists. In my opinion only. atb
Good comments.Could he have been tipped off that it is in BEM's best long term interest? Nudge,nudge!
Afternoon. Yes, I agree too, I feel good about the RNS. It was calming! An interesting choice of words used by Budge, especially in the first two paragraphs. Telling! I read it, in the context of Budge�s previous comments/submissions since December last. This perhaps now, a clever, defensive shot, if you will. Since December, he has been most critical of some within the process, and has spoken of how their failings has been of great cost to BEM in terms of money and TIME! Rightly so! However, he now accepts that, we are at � where we are at, and does both recognise, and welcomes, that the Government is being thorough in its review. I do think that, the message to the world is, � even if, we have expressed disappointment over the workings of the process, BEM will not be putting any pressure whatsoever on anyone, to deliver a decision sooner, and that we trust, proper process only, will deliver the right decision, regardless of time taken. In respect of his recent mentioned comments, re time, I do think that he may have considered these latest comments to have some value because, any doors at all left ajar, then team Sami would try to kick them wide open. That said, nothing in the RNS suggests that, a decision couldn�t arrive in the very short term. In my opinion only. atb
Afternoon. Thank you for the information. atb
Thanks for the link Granite. Best wishes.
Good post Tak.
Actually, forget that last link. I could view the entire page and all of its info on Google prior, but when I posted the link supplied, it looks like you then may have to sign up to view it again in full. Weird. Sneaky. Lol. Anyway, elections are usually every four years, on the second Sunday in September. Right, bedtime!
From another source. Bit of interest perhaps: https://www.thelocal.se/20180305/how-to-vote-in-the-2018-swedish-election
Cheers Graham. The Swedish general election is scheduled for Sunday 9th September. https://pollofpolls.eu/SE
Great post Eric. I can totally understand the reasoning behind the RNS since we’ve probably had the resquest sent to us from the government. Does anyone have any idea when the elections are in Sweden? Since as Eric pointed out I’d hope any final decision to be made before that date. Otherwise new faces will have to review the process only adding to any possible delays. On the plus side the facts are now in the hands of those that can give the ultimate final work on approval/rejection. All we can do now is wait and see what answer is announced. I’ve owned shares in Beo for about 18months, but for those of 4/5/6+ years another hopefully short wait to the outcome everyone’s must be worth it!
This is the final lap. It was always going to go to the government for the final decision. You need patience with this one. It’s a good RNS. You’ll make money. Patient investors tend to do so when fundamentals look good. And they do here. Chill.
what a load of bollucks this is us ,investors give loads of dosh for a update that is no different to what 2//3 years ago . is this some sort of silly game would never invest in this country again as everyone has been let down and its a complete joke being invested in this one another dog share !
Hi Mick. I appreciate that, I do. I am more looking at the fact that now they have actually got down to examining "all" submissions, which is something the Government itself hasn't had to do before in our case, the time it takes to reach the final conclusion and bring us the decision cannot be rushed. Precisely due to its paramount importance. The appropriate care and therefore time must be taken, and is being taken, as this final decision will obviously affect people's lives. The Government has to also avoid at all costs, leaving itself wide open to any legitimate claims of bias etc, such claims that would be bolstered by a quick decision. We know it's the final stage, and that all observations and comments are in. We also know that the Government is actually going through those submissions at the moment. That's something we should be pleased about. That our application isn't lying unviewed on a desk, the submissions lying unopened. It's also only been a few weeks since all submissions were in. If the Government has lastly given everyone a month or a little longer for submission of comments, surely it must give itself two? I do feel it would also be highly appropriate for the Government to give its decision before the elections, so there may well be an unwritten internal timeline. Only my view that though. Mick, I do understand your frustrations, and I don't know if I've explained myself too well, but it's the importance of this decision that merits however long it takes to come, at this last stage. It has just been such a long time actually getting our application to this stage, which has worn most of us out and made this final chapter an absolute chore. But now we are here and the elections are not too far away. Unfortunately it has been somewhat of a political ride, but one which must conclude. I'm not sure what else I can say, only that we must try and stay positive. As you know, my plan was to leave last October, but with what I'd potentially be giving up, I couldn't bloody bear it. Best wishes.