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Right. Ok.
Held up or holding up? Past, present or future?
We want the same outcome EricDraven...
It may not be too long now Andy. I’m sure it’ll be nice to have some good news.
Starting to itch for the kick off of the PFS now Eric? :)
Soon we'll be one sixth into Q2 :)
Yes. Lol.
Night Eric. x
Thank you Sooz.
What a day.
Night. x
Pocko, I didn’t use the phrase “holding up”, you did. You asked and I replied that the sp had held up well today, which is true. It’s nothing to do with how the sp is performing in general, we both know it’s been terrible since the concession was granted and then has dropped further with the atrocious discount applied to the fundraise.
If further delays, then I trust we’ll spend less cash if we have to, perhaps less on Kosovo, as an example. Cash burn can definitely be managed, and even with a surprise delay it will then be a case of adapting accordingly, without the need for an earlier fundraise than initially anticipated. Kurt knows how poorly the sp is performing. We won’t earmark all the cash for fast-tracking and leave ourselves with nothing by way of a contingency plan.
In my opinion.
Abuse? Hardly...
The SP is pitiful... And any delays will impact further on the SP.
Cash burn? A fast-tracked process means a quicker cash burn - Fact. What occurs in the event if further delays?
Do you honestly think an SP hovering below 2p, or 'holding up' as you phrase it, is something to celebrate?
You've been at the sherry with our resident mother in law.
All only in your opinion Pocko, which is completely lacking any sort of balance, especially when considering your supposed self-titled role as ‘critical friend’. A friend would surely be trying to help though, not repeatedly abuse.
Yes, your last post was a whole lot of wonder, and that’s all.
The sp held up well today it seems. Good of you to point that out.
Suzy2,
Without a mine at Kallak, there is no need for a rail extension at all, so it’s not the inlandsbahnen, but BEM who will be held to account by the Sami.
And, as I said earlier, nobody believes for one moment that BEM will have a mine at Kallak. The ridiculous 2026 assertion has already gone. Budge misses the target every time, doesn’t he?
Very true Maddog...I'm trying to keep it buttoned but it's difficult...Eric has dealt with the Inlandsbanan objection which was completely mad...must try harder tomorrow, give me a nudge if I succumb to the temptation. :-)
I wonder if the PFS and environmental permit application are still being 'fast-tracked'?
And I also wonder how cash burn will be affected?
And the obvious impact on the next fundraise?
All becomes even harder to justify in the echo chamber...
How's the SP holding up?
suzy/ l think lbjj has failed his first session with the psychiatrist,
he could do with isolation treatment in the long term, hence posters are not helping his condition by rewarding the sickness with replies
Lb, then the objection would surely also be against Inlandsbanan and I can’t find anything on that, can you?
The issue is that talk re the development of Inlandsbanan has gone quiet so Ulla is requesting a consultation to find out why that is. She’s being very sensible, in my view, by publicly stating the current situation, as it is also drawing attention to those who should still be speaking up about the development of the railway and aren’t. Putting the spotlight on them, equally if not more so than on BEM. Quite the opposite of being careless and casual. It’s also commendable that she’s not prepared to simply sit and wait for more months of potential silence to only then take action. She wants those answers now, to keep any delay with our environmental application to an absolute minimum. Good.
Only my view.
Hello Maddog...bit of a stormy deck at the moment. ;-)
the full deck
Ibjj 9:16..........What???????
PS I've laid my cards/shares on the table...for the sake of transparency and if and when I sell any I'll say so.
If his post at 8:55 had a shred of credibility then the Swedish Government would not have conferred the Award, an Exploitation Concession to Mine at Kallak to the Company, the first mining concession given in over twelve years. If Ibjj had ever read the Mining Strategy Document he would know that the Authorities are very careful and particular about the eligibility of the Applicant.
Pocko...Nothing careless or casual about it...it's an issue and Ulla is tackling it. Would he prefer that issues were concealed for the sake of investor perceptions, which inevitable have to be a casualty sometimes, or open transparent honesty? What was Ibjj's daily mantra again...can't say no won't say yes. Would that mantra spoken daily have influenced investor perceptions? Would Pocko's daily rant influence investor perceptions? Pocko asserts that stuff posted on this bb has no influence on investors, if that's true, firstly why do it and secondly why accuse positive investors of being deluded rampers? We don't know do we but whether or not the poster has any skin in the game is surely material? We don't know that either, do we. The least we can expect from our fellow posters/investors/traders surely is honesty.
I should add that the endlessly pending Sami appeal against the mine at Kallak May well include an objection to the essential 40km rail spur from the existing main line to Kallak, which would disrupt the reindeer migration much more than the mine itself.
All this should have been boxed off during Budge’s 7+ years hanging about waiting for the concession.
And I will say again, the £3.5m blown on Kosovo in this context is criminal, in my view.
The fundamental issue for investors and the Swedish authorities is that whatever credibility the company ever had is trashed through the neglect and mismanagement of Budge and now Ulla.
Anyone who has the ability or influence to affect this moribund situation positively just does not believe in BEM, specifically those supposedly managing it.
So something that can adversely affect the SP (The irony!) and investor perceptions, can just be carelessly or casually mentioned in an interview and it's not an issue?
Yes.
Night night. x