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Pocko, ah, but we do have the first inflection point of the Kal PFS, this coming quarter. That’s good at least. Plus, we know that a company has been assigned the task of completing a PFS for our Finland project. Two concurrent PFS jobs is possible.
Ka-POW!
Interested punters Maddog38?
Sweet Mary mother of Christ... Punters could have had their pick on PrimaryBid.
How low does it need to be?
Kurt Budge has to date, treated investors in Beowulf Mining PLC like contestants on Bullseye.
"Here's what you could have won guys..."
Cheers Bully
Pocko, I’m sure, considering the state of the sp and Vardar still being the least advanced project, that any money being shipped over to them will be seen as money which could have been saved and used to advance Kal operations this year or even Finland. Both with the same target date for production of 2026, albeit Finland only anode production, not mining from our own deposits.
I guess the Vardar project is proving to be far too costly for the results received. Fine if we are cash generative, we could explore all places there shiny and new, but we aren’t. Mothballing it may be a good idea. They’ve had a decent run at our expense. Yes, it simply 5hits me to tears.
as l said 1 month ago that the s/p would hit well under 2p after the placement ,
it is the same with every placement , it will rise slowly over the months a head,
interested punters should be buying soon with new blood that take over the board and we lth sit and hope it turns around in our time.
Not forgetting the Sami appeal in September, which we assume will be in our favour. Watch this space for a curve ball our way...
There goes the value inflection point...
So say 12-months sat with the environmental court, as a ball park figure, we're already in to 2025? Time fly's...
Lb, more like 9-10 months, if we tip into January 2024. To be fair, it was only stated as Q4. We now know that it looks like the very end of Q4. According to the Jokkmokk Iron website.
Optimist in me of course does not rule out Ulla submitting the application early, sooner in Q4. Lol.
Probably a cheeky £250k to Vardar...
It's only money, there's more where that came from. Just wait until Q2 2024 (I kept my prediction/date deliberately vague)
Pocko, fingers crossed only a small amount goes to Vardar, although I’d prefer nothing more to be given to that project at present. Let’s get Kal drilled.
I can feel the excitement starting to build as we enter this exciting phase of development. 2026 will be here before we know it!
Super, smashing, spiffing and jolly hockey sticks!
Environmental permit submission until the amendments was 6 - 9 months away. It's n ow 9 - 12 months away!!!
WHY?
Budge has in several occasions asserted that much of the work was done by virtue of having such a gold standard application for the exploitation concession?
Now he has a fellow director exclusively assigned to this task, it should be completed faster, not slower.
The time for hoping for an upturn and excusing shambolic performance and communication has passed.
Budge needs a rocket up his backside.
Steady on EricDraven, we assume that money will be spanked on Vardar for example, perhaps even the oft promised drilling on KS, but the reality is, we don't actually know.
Maybe Budge will put the cash into a Share ISA and frivolously invest it in Small caps?
Pocko, pmsl. Q1 we put many more millions into the bank. Now comes the worry, Q2, dispersal of said funds.
TFE, I know why I couldn’t find anything like what you were saying on the website. It’s because I was looking at the BEM website and not the Jokkmokk Iron website. But you did say BEM, so that’s why I was hunting high and low for it.
I’ve now seen the part (translated, both below) on the Jokkmokk Iron site where it mentions 2023/24 turn of the year for submission of the environmental application:
“The application for an environmental permit for Kallak/Gállok Norra will be submitted to the Land and Environmental Court at the turn of the year 2023/2024.
Ansökan om miljötillstånd för Kallak/Gállok Norra kommer att lämnas in till mark- och miljödomstolen vid årsskiftet 2023/2024.”
I’m satisfied that it did mention extraction and has been changed now also to this:
“Jokkmokk Iron is a Swedish company with the ambition to extract iron ore over 30 years in the world's best open pit mine in Kallak/Gállok.
Jokkmokk Iron är ett svenskt företag med ambitionen att utvinna järnmalm under 30 år i världens bästa dagbrott i Kallak/Gállok.”
The 2023/24 turn of the year indicates to me that it is still on track and at latest may slip into January 2024. Otherwise it would be pointless and misleading of them to mention 2023. It’s the “turn of the year” that unfortunately means it won’t be early Q4.
Cheers TFE.
Q2 commences on Saturday, so allowing for a lazy weekend, expect a veritable flurry of news from Monday onwards.
Time to take stock of progress in Q1...
That probably was changed, as we know Kurt read's this group/forum as when that investor died several months ago he put a message of condolences on this page for him.... Really know reason why he shouldn't read it, he's time to kill let's face it.... Fall on your sword Kurt and buxxer off....
**** reads ar5e…very clever that LSE removes the flowery stuff!!!
Wow, I assumed that Suzy would have headed to the garden to prune her roses, but nope, she’s fighting like a trooper and that’s what makes this board the interesting place to dip into every now and then.
The constants are:
1. Suzy will defend it to the hilt;
2. The sp continues to find new lows;
3. Kurt pumps out ‘rinse & repeat’ news;
4. The news gathers momentum before a fundraiser!
5. Nothing tangible has been shared;
6. Ibjj appears to be right more than wrong?!?
7. We’re all getting older…
8. We’re all getting poorer…when we take up the bargain offers for more shares in a company being run into the ground!
Seriously, I’d love to see Kurt and Ulla’s work diaries…
1. Get up when you wake up, clear away the wine bottles and takeaway from the night before.
2. Get the post it notes out and find a new way to describe ‘downstream potential’.
3. Scratch ****…get the takeaway menus out and ponder whether another reindeer curry but play havoc with the digestion.
4. Play Uno…hopefully with a friend but on your own can have upsides…you always win?!?
5. Check bank balance on latest fundraise…divide balance by 10 yrs and check that the £100k+ salary can be covered.
6. Phone Kosovo and ask if they fancy any cash - they need takeaways too!
7. Check on any mining conventions, book flights, change dates on last PowerPoint.
8. Check that a flunky has posted downstream potential on twitter, get them to mention that you’re heading to pivotal conference on mining in Outer Mongolia - check that hotel has a hot tub.
9. Scratch **** again…change order on reindeer curry, go on, make it a domino’s!
10. Open a cheeky chianti and wait for diliveroo…
To be fair, as I wrote all of that I realised that this chap is stretched…he really ought to get a PA because I’m not sure the CEO should be down in the weeds like this…
TheFarEnd 10:11....And just so there's no misunderstanding: "They either read it here or Suzy reported it. I've long thought she must be on the payroll ...."
You must be completely mad...I report/reported nothing, absolutely nothing to the Company.
NB Wriggle out of it you may TheFarEnd....read and read has the same spelling.
I repeat....TheFarEnd...that I am anticipating, rightly or wrongly, that Beowulf Mining will go into production as an iron mine in or around 2026. You said something last night which might or might not have been a deliberate lie...the Company might or might not have taken out the word extraction from the Website as a result of your post. But however you look at it and whatever the truth about your post is...they intend to extract iron with or without a partner/JV. It isn't just my credibility at stake is it, it's everyone's credibility who says anything positive about this Company or indeed who buys any shares. The person who just bought 50,000...is their credibility shot? No...the fact is your credibility is shot.
Suzy Today 10:19….
"TFE...I didn't say I'd read it because I most definitely had not."
Suzy yesterday 11:31….
"I read it as an intention, TFE...they intend to extract when they get the environmental go ahead to do so"
I'm sorry Suzy but your credibility is shot. I'll repeat what I said yesterday. It's pitiful, give it a rest please, it's embarrassing.
Typing in a car, how desperate is that. Now the person who just bought those 50K shares has to prepare himself if he posts on for being abused and insulted by morons. Wonder if it was Trouble1...if so Trouble you've come to the right place. But break a leg whoever you are. Lol.