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Whatever rubbish I post on here is an honestly and sincerely held opinion and I will continue to post whatever of such rubbish whenever I feel like it...any suggestion that I am connected in any way with the Company and that I am paid to post favourably is a lie/slander/libel. I'm not delighted the sp is where it is, I'm expecting it will improve in due course but it might not...this is an AIM junior miner so let that sink it...I'm hoping for a rerate eventually but that might be fantasy. Two years to do the necessary work for the Environmental Application (and it's now just nine months) is exactly what we've always expected, less in fact because it could have been more than two years if we hadn't already done so much technical investigation. And that's why so many sold out when the Concession to Mine was delivered and it was entirely expected...why wouldn't they, it's a making money b business isn't it. I took my reward and felt I'd deserved it.
TFE...I didn't say I'd read it because I most definitely had not. Had they mentioned extraction which you said they had and why should I think you were lying...I meant I would consider/read it as an intention and I do ;most certainly...production in 2026 means extraction of iron ore, what else would it mean.
Eric, they have indeed changed the website. It's been amended from "main activities in exploration and extraction" to "with the ambition to extract iron ore over 30 years"
This now appears at least twice on the site, just to make sure there is no misunderstanding.
They either read it here or Suzy reported it. I've long thought she must be on the payroll with her relentless bias support and outmoded thinking, hehe.
Yes I'm being serious Suzy but it's lost in cyberspace now, I didn't take a screenshot, why would I.
Anyway you admitted yesterday that you had read it and interpreted it as an intention so you can't deny it didn't exist can you?
I looked last night and I couldn't find it. It speaks of Delivering Raw Materials Critical for the Transition to a Green Economy...clearly and transparently an aspiration...but no need to take my word for it anyone can look at the website. Is TFE being serious when he says they altered it last night as a matter of urgency?
I looked last night and I couldn't find it. It speaks of Delivering Raw Materials Critical for the Transition to a Green Economy...clearly and transparently an aspiration...but no need to take my word for it anyone can look at the website. Is TFE being serious when he says they altered it last night as a matter of urgency?
Hi Eric, haven't looked this morning, but if it's not there then it will prove that the peeps at BEM have read this site and changed that falsehood as a matter of urgency.
Indeed Stratosfear.
The perils of typing with fat, old fingers in a moving car.
Think you mean 50,000 lbjj. Don't want to mislead!
Someone has just bought 500000 shares for well 7nder a grand.
Let that sink with in.
But hey, it’s all so exciting and everything is on track and on time.
Enough!!
Either call this for what it is, or keep quiet. There is no talking this up with any credibility.
The RNS when taken as individual pieces can look impressive, but to the well-informed, they lack continuity and are full of holes and inconsistencies. Why would the website be any different?
Evening Trouble. You could perhaps try Interactive Investor if you are after a broker, that’s been ok for me and they now have a handy phone app.
Best of luck if you are buying back in.
TFE. Hi. I am viewing everything on a small smartphone at the moment, and I can’t seem to find on the BEM website where it mentions “extraction”, or where the news states 2023/24 for the Environmental Application submission. I can only find the general description of the company activity as being “exploration and development”.
It may be because I’m not using a desktop computer, and I don’t have one, but I’d be grateful if you could kindly point me in the right direction as to where exactly that info you mention is stated.
Many thanks.
Complacent, reactive management results when you're getting £100k's whilst bleeding others money, asleep at the wheel when concesssion granted its like he never beleived it would happen whilst promisisng the shareholder it was the big reward yet appears never preprared or planned for it. A sp of 20p a year ago but this genius does a cash call at 2.06p. Some might say he's He's a charlatan and mugged us all off or he's an just an imcompetnent fool, take your pick, either way he could sat in his penthouse talking to his financial adivsor about the most tax effecient way to keep your, I mean his money for his retirement. Well played.
Is it possible to table a resolution to remove ceo at next AGM, KB is incompetent.
Right, my time to buy back again. Still feel this has potential as I did 5 years ago.
I can’t see how much further this can fall. How much in reality? Everything they are working on should have a value to someone.
Someone remind me of the best platforms to use to trade these? I haven’t traded for a number of years and can’t remember who I used previously.
And I presume TFE you're another poster here who hasn't got any shares..
I don't care how embarrassed you are TFE...the company recently raised the funds to carry out the work of getting the Environmental Permit submitted by end of 2023-24...if it's three weeks late same as the Scoping Study was I can live with that, which means I'm not the only person who believes they can do it. Bonkers or not I'm not in the least bit embarrassed and I've never ramped. I don't know why you post here you've always been totally negative.
"We're on target with everything so far as I can see."
From the RNS 22 Feb this year.
"support the application of the Environmental Permit in Q4 2023"
From our website.
"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."
Looking like it's slipped already. I wonder what month in 2024?
If this drops to 1 p then I will be tempted to buy 100,000 shares just so I can say , in the pub with my mates, I own a 100,000 shares......... and then shut the **** up.
Then again, I could say that anyway and not waste a £1000, no?
Talking of bonkers….
Suzy, If you read this as an intention, I despair, there is no hope for you.
"Beowulf Mining is a mining company with main activities in exploration and extraction with operations in Sweden, Finland and Kosovo."
Did you read that exploration was also an intention?
It clearly states that extraction is one of their main activities along with exploration.
In the words of John McEnroe, you cannot be serious.
Are you on here just to wind people up?
Nobody else could explain the written lie that is the BEM website, and neither can you.
The only extraction Beowulf is capable of is extracting money from gullible investors like you, and your constant ramping of this organisation is not only misleading (to some), it's pitiful. You're no better than delt, at least he presented some figures to bamboozle peeps.
Sorry, but it has to be said, give it a rest please, it's embarrassing.
Ah, I was being sarcastic. Nah, no way I want this consolidated as that is usually the death knell for companies. But, at sub 2p I am certainly regretting not bailing after the permit/award last year.
Suzy2,
That is, by some margin, the most bonkers post I have ever read.
We're on target with everything so far as I can see.
And this share is essentially illiquid in the UK, held by a very small number of investors. Collectively, we won't dig this out of a hole, that said, with positive newsflow, we know that it can move.
When Budge comes to raise cash again, and he will, without newsflow, this share will continue to languish. So at what rate would he raise? Based on previous discounts the current SP, it would be sub 1p.
A share consolidation which I have mentioned several times creates a death spiral for current private investors, and institutional investors don't invest in small caps like this. That said, BEM PlC could be bought for a song if someone really wished.
Just a few musings...
Lb, I agree re the communication between management team members, and no, Kurt doesn’t have to liaise with and manage hundreds of staff members. It’s simple enough. It’ll be Q2 very soon, so let’s see what that brings. You know my concerns and also how I’ve tried to help myself by taking part in the last two fundraises. We need really decent news. From now!
Signing off. Have a good evening.