London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
and we're not even in a protected area? What does this say about our application? The Government wants it. Otherwise it could have approved these motions to keep the greens etc happy....
The Riksdag today rejects thirty-one motions concerning mining and mineral policy. One of the proposals was, among other things, a stop for exploration in nature conservation areas. Today, the Riksdag is currently debating and making decisions about thirty-one motions of mines and mineral policy submitted during the public session in the autumn. Several of the motions suggest a higher mineral charge for the Swedish metal mines. Today, the mines pay a mineral charge of 2 per cent of the value of the ore broken during the year, of which 0.5 per cent goes to the state. According to statistics from the Bergsstaten authority, in 2013, a total of almost 2 million kronor were received in the mineral charge from all mines in Sweden. In other countries, entirely other percentages apply. Riksdag Member Jabar Amin (MP) in his motion. But the Riksdag Committee on Nutrition rejects the motion on the grounds that the government is working on a review of mineral fees. A handful of left-wing parties write in a motion that exploration and test drilling can have adverse effects on natural values ​​and reindeer husbandry. The members therefore suggest that the Berg State should not grant exploration licenses in areas classified as nature reserves, Natura 2000 sites or world heritage sites. This motion also rejects the nutrition committee, inter alia, referring to the matter being examined by the committee several times in recent years, and that no new information has been added that would give rise to a renewed position. In addition to these two motions, the Riksdag today denies any motions that include a new mineral strategy, gas and oil extraction, the establishment of a uranium fund, shorter processing times for the examination of the breach permit, and the tightening of mining requirements for mining mining sites. This morning, the Riksdag will first debate these issues.
No offence taken, made me smile a bit. atb
Morning. Suzy2. You make a valid observation (comments made to the Fraser Survey). It isn�t the style of Kurt Budge, his opinions out in the public domain are carefully measured, with objectives. I don�t believe that he would ever, allow others to set the context, in respect of his comments. Far too professional. Profitseeker. I agree entirely. With Budge in charge, and only with half of Ed44�s dosh, we could go far!!! Lol. Ed, if you look in, no offence intended. In my opinion only. atb
It would be interesting to see what Kurt could do with this company with a nice bit of JV money in the bank. He certainly says the right things and there�s always plenty going on in the background it seems
thanks!
It's an excellent interview...the twinkle is back in the eye and you can see the rainbow again.
Mick...Scroll down the RNS to Financials....just before that. Sorry but can't post the link.
which interview?
Yes, he mentioned 'legal' but in the sense of no legal proceedings being envisaged. Interestingly, and as I thought, the company/ies commenting negatively on Sweden's performance in the Fraser Survey was not Beowulf. A very good summary, thanks Kurt. On we go. ;-)
I agree with you Gambier. It is not my wishful thinking. I am merely pointing out to fellows here that Kurt has mentioned 'legal'.
In my opinion, the government will continue to do nothing, which gets them off the hook, legally. However, the recent statements from Kurt lead me to suspect he may well consider a legal challenge on the CAB�s incompetence and collusion with the Sami, which would draw the government into the proceedings. International embarrassment is something which would result. Only the government are in a position to avoid this, unless BEM sit meekly on the sidelines and wait for the money to run out. ATB I prefer your alter ego, by the way - genuinely very funny.
There is nothing to suggest that the Swedish state is remotely inimidated by the possibility of legal action by a very small mineral exploration company with extremely limited funds. Certainly there is nothing to suggest they are intimated to the point in which they would be too scared to deny a mining concession. Pure conjecture and wishful thinking.
Any further delays by the government will result in a legal challenge, in my opinion. It is more a case of do the government want to avoid a court case. Why don't the government dismiss the reindeer ANI, which they should have done 12 months ago? Next month the government need to issue an unequivocal statement of both apology to the company and commitment to a clearly scheduled decision. Anything short of that and Kurt must issue a legal challenge.
At the end Kurt mentions wanting to avoid a legal dispute. That gives a clear message to the Government of where this is heading if the decision is negative.
A well timed statement of intent from Kurt. Time for the swedish politicians to step up to the plate now.
Kurt Budge, Chief Executive Officer of Beowulf, commented: "With so much attention on the Kallak process, it's easy to overlook how much the Company's exploration team has achieved at both our Aitolampi graphite project and our �tvidaberg licence during the year. We are currently in a good position for a busy and productive 2018. "We are already back drilling at Aitolampi. The driller is making rapid progress, and we have therefore decided to drill the full 2,000m programme in a single campaign, giving ourselves a head-start with resource development and study work. "With �tvidaberg, a short geophysics programme will get underway in March 2018, and we hope to use the findings to define drill targets for copper and zinc mineralisation at Bersbo. Our 3-D modelling last year and the analysis of historic mining records, showed us that miners previously stopped at around 350m in high-grade zinc ore which they could not process. The orebody is seemingly open at depth and has reported zinc grades of over 30 per cent in places. "Returning to Kallak, we have been given another opportunity by the Government to provide final comments in support of our application, with a deadline of 5 March 2018. After this date, the Company will be seeking clarification on timing and next steps in the process. "It is difficult to attach any credibility to the CAB's statement from last November, which not only contradicts its July 2015 position on the economic case for a mine at Kallak, but also seems to ignore the Swedish Environmental Code socio-economic assessment criteria for evaluating whether to conserve or utilise natural resources, such as the Kallak deposit, which references the need to safeguard investment and employment, and give consideration for a municipality's financial situation. The CAB gives the impression that it knows better than the municipality of Jokkmokk, on what's best for Jokkmokk and its future, and it has chosen not to listen to local voices who want investment and job creation. "Since October 2014, the CAB has, on numerous occasions, stepped outside the prescribed process for an Exploitation Concession. The system in Sweden has never challenged nor corrected it. This has cost the Company and, with the latest rankings from the Fraser Institute, published 22 February 2018, it appears to be costing Sweden, as the country has fallen eight places to 16th on Investment Attractiveness. "In January 2017, I spoke in Stockholm on the comparative advantage of doing business in Sweden. What should be a real advantage to Sweden, is being damaged by uncertain application processes, a distinct lack of respect shown by Swedish authorities for mining companies and their permit applications, scant regard for the significant investments being made and the potential job opportunities being created. "We hope that the Government now looks objectively at the facts, the Company'
apart from this: "Work on the Scoping Study has been slowed down, while the Company waits for clarity from the Government on what happens next in the process."
"Work on the Scoping Study has been slowed down, while the Company waits for clarity from the Government on what happens next in the process." no news re that then :(
No great surprises there. And so we wait
Hi guys. I don't post opinions or potential permit approval dates on here any more but thought that you might like the story that one of my friends just passed on to me in the pub. A native American Indian boy said to his father "why do the white men have good names like John and David and we have stupid names like running bear and white cloud" His father replied "It is our tradition my son. When a child is born the father takes the child outside and looks around. The child is named after the first thing that the father sees. When I took your sister outside I saw a white bird in a tree so she is called white bird. So go away and stop complaining brown dog peeing". atb
It reminds me of 1984, when in an episode of He-Man and the Masters of the Universe, Evil-Lyn and Skeletor had the following to say: Evil-Lyn: Skeletor, this has gone on for too long Skeletor: I am sorry, Evil-Lyn, but capturing the precious elements contained within the ground of Eternia is more important than the personal comfort of those who serve me You can see the quite remarkable similarity with our situation. Evil-Lyn, like some BEM investors, cannot wait much longer. However, the more determined investors, like Skeletor, do not care for the personal discomfort that maybe troubling others.
brom, my guess is same has today, see no reason for it being higher as no news apart from the scoping study. Lack of humour? Looking at the weather app to check so I just asked Siri: "Surely its not going to snow again today?" It replied, "it is, and don't call me Shirley!" Forgotten to take my phone off Airplane mode..
Too soon to start a guess the price on the 5th or would you all like to carry on arguing, surely we are all better than that, older,wiser?,and still holding wulf shares. Used to enjoy this board now it's lacking humour.