Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Lb, yes, I despair too, but with the chance of a positive Court decision changing the current landscape. It’s what I can currently afford, not a lot of money, but it’s a lot more shares. That’s how I’m viewing it.
Oh Eric, I despair. Your further investment here can only be motivated by desperation.
Your money is going straight into the pockets of Bowie and his fellow clowns who continue to indulge in window dressing and empty promises.
Thanks Roller, same to you.
Hi Jonny. Maybe a sale, Vardar first perhaps. Otherwise I’m not sure why it was necessary for the BoD to seek 100% ownership of it. With 100% ownership of all projects though, then maybe a sale of the total package is a possibility, if not a probability.
With a positive Court verdict for the Government with the Sami Appeal, then we could move away from these lows. We have the new guy Dmytro to pay now too, so the Kallak project must be surely seen to be a goer, even before the verdict is given.
Dare I say it, we’d look pretty stupid otherwise. Lol.
Good luck Eric..
Roller/Pocko. I mulled this over again and in consideration of Ed stumping up a fair wedge, with my average being so high, I have subscribed for some under the Offer. I took the decision yesterday before the Offer expired. What I could afford at the moment. Only because the Company will receive the money, and really, all shareholders need this to happen, for BEM to raise as much as it can. Otherwise we are definitely in troubled waters.
Best wishes both.
I forgot to mention it's through the cash call and I ordered HL to buy for me, apparently the shares will land April 18 I think he said...good luck
The question for me is .... where does the next revenue come from after this raise, is it a sale of something or more shares issued? If it's the latter I am assume the raise would be close to 0.1p. Until there is a route to revenue (other than issuing shares) this a value destroying enterprise.
Eric I appreciate your well wishes and I have just got a few more but nothing to shout about.. good luck all invested...
It's the fact that it's re-worked or re-modelled data... It's just fiddling at the edges.
Teddy, like Budge before him is behaving like a toddler in a playpit, unable to focus on any one thing. All in the pursuit of generating 'news'.
Valid point about funds going direct to the company.
Night Suzy. Hope you are enjoying your break away. 👍
Hi Roller. Some on the Swedish Facebook Group are taking up the Offer, but it seems some are waiting also to see how the market plays it after the fundraise. The thing is, if you do buy via the Offer, you know that BEM will be getting the money. Whereas buying on the open market, that isn’t the case. The ponderous bit is whether the sp will dip below 0.61p to buy. I hope not, because that is terrible enough.
Best of luck with whatever you decide.
I agree Pocko. We aren’t cash healthy and should be focusing on Kallak and Grafintec, in that order. It would have been a fair RNS if we were in a better position than having to raise funds at 0.61 pi55ing p.
I've not been impressed Roller. A little flurry of RNS as predicted, the content of which hardly inspires.
Has anyone looked at exploitation costs for copper? I have and it's expensive.
The company really should be wholly focused on Kallak and to a lesser extent Grafintec - Enough of the low cost exploration nonsense. Get Kallak over the line, and stop the gaslighting of investors.
Thanks Pocko I don't see that, still in two minds as to have another bite and can't decide if it's greed or stupidity... both of which I've been guilty of many times in my life..
Plenty on Discord are looking to buy Roller...
Eric I'm aware you're on the same Beowulf Facebook groups as I am, the Swedes are usually very vocal about what they have or what they are buying shares wise... But not a single mention of anyone taking any shares from the cash call, I'm wondering if many have bought into it... have a great afternoon..
Ooops,here's the correct podcast
https://audioboom.com/posts/8477835-sunday-roast-featuring-first-class-metals-lse-fcm-and-power-metal-resources-aim-pow-fcm-pow
Eric/sooz/bannor etc.
about 45 mins in....this chap tells you what you aleady know and a bit more
about the state of the explo market
https://www.proactiveinvestors.co.uk/companies/news/1043984/digitalbox-ceo-james-carter-discusses-2023-challenges-and-strategies-for-growth-1043984.html
soon be summer.....hopefully,that huge mosquito,near the pond,the size of a ten penny piece,isnt going to breed.lol.
Afty Eric, Troaj ...I'm away this week so can't do much blogging but the RNS is good, copper's very nice and going on with our exploring. And I've had some internet problems so don't think I'm sulking See you next week, have a nice weekend. XX
Thanks Troaj.
Today’s RNS may have been well received had we not been in the middle of a fundraise at the lowest price ever. It good be a decent prospect at Parki, funds permitting, but my feeling with the current state of things is that we’ve explored enough.
But from a chart perspective....the downtrends almost over.
Ive no idea eric....like you say,short term,its all about the fundraise outcome.
trading wise,the mm's book as been neutral all day,so neither sellers or buyers,were in charge.
tooo complex,for an old retired steelworker,with a low brain cell count,like me.lol.
nitezzzzzzzzzzz
Evening Troaj. I’m wondering about the Offer now. Are you considering taking any at 0.61p? I’m trying to fathom whether only a handful of investors have confidence, all things considered. We have the Court decision surely within the next couple of months, and for some reason Ed has found it necessary to try and acquire the whole of Vardar, even though we already have a controlling interest. I find that a curious move, because on the face of it, well, it seems unnecessary unless we are going to flog it off. I’d be happy with that though.
Only my thoughts. The Finland project is slow, I want that speeding up. Lol.
Just pondering what the drivers will be short-term to get the sp out of these doldrums. I’m not sure what will occur, but hoping obviously for a large uptake of shares in this fundraise. If not in the UK, in Sweden.
Just lately sooz....all the bashers,seem to have gone elswhere.