George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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and I thing we've done good. Is that OK?
PS Yes, the ship coming in was a dig.. I'm only human. :-)
FarEnd. Someone said recently at LKAB that ore isn't really iron ore until it's been proved up and it can be economically mined. Kallak is proved up in all except the Concession to Mine, which defines our story here. I was in this before it was proved up and that wasn't easy if I remember correctly, when the drilling results on KS failed the sp fell from its great height to 12p in a few days. But that was then and this is now a lot has happened and I
Euphoria, just a general term, scroll back Suzy, this is what I wrote, "comments about it being a great, positive, promising, optimistic announcement call it what you want"
Can't find any posts questioning the content of
any Vardar updates, you know why, because nobody understands them.
Don't know what all this cruise ship talk is about. I can only presume it's a pop at me for being invested in SAGA.
FYI, Saga is primarily an insurance company nothing like say Carnival which is a cruise company.
At this moment in time I would rather be looking at cruise ships than dots on a map, bit more tangible don't you think?
Almal. But it is a fascinating study of human behaviour, these boards. Good luck.
For once, I'll second what Ibjj has to say. I know you know but this could be 2p by Christmas if there's no forward movement on the decision. If you're a bit strapped for cash, take care. As for me, my kids are grown up and I'm got more spare than I've ever had...it's a hobby and I do it for them really, it's a chance and I like chance but it wont make my life any different whichever way it goes.
lbjj well that shouldn’t worry you because you don’t own any but you seem to have a lot to say, there rest of us here are very comfortable with what we have done ,
Eric...II haven't pressed Go yet. Don't forget Baylan has to reply to Eric Palmquist's question on Friday. Haven't decided just how all out I'll go.
has, as usual, thrown up a fascinating case study in human behaviour.
Despite literally dozens of previous identical pinchpoints when investors got ridiculously excited only to have hopes dashed, you have learned nothing.
You continue to be blinded by the previous 70p high.
The Aktie manipulation is over once again. They have made their money on the back of investor greed / gullibility and the SP has predictably subsided.
There is no evidence to suggest the swedes will start to behave any differently now, any more than on any of the previous frissons. The KU quite rightly slammed the government’s handling of the application, but there is no real pressure on Baylan to make a decision.
UNESCO also present Baylan yet another golden opportunity for obfuscation and delay.
Crazy talk of 4 and 5 baggers makes me wince with embarrassment. It’s just Groundhog Day.
Budge’s recent presentations tell me he is already winding down the prominence of Kallak in the company’s portfolio as he has seen enough at close quarters of the swedes cowardice.
Finally, a personal note to Mr Draven. I understand your devotion to this share and your current average being an issue. Please be careful, Eric. Do not put any money in now which you can’t afford to lose.
Once the shares have been allocated next month, without any decision on Kallak, the SP could be, once again, below 2p.
Those little gold dots are what stood out and said "Hi" to me in his last presentation. The one where he was pulling tongue-twisters all the while, which I found annoying, but the dots eased the pain. I'm looking forward to hearing more about 'em Sooz.
I bet you are Sooz. This may be a one time opportunity, but it's still costing us much more money.
I haven't received anything via post yet, but not sure that I will, as everything bar the Prospectus seems to be online. Interactive Investor.
I've been into my account a million times in the past two days. Still not done it yet, as I'm waiting to transfer money that I don't really have over to the ISA. Lol.
Best of luck.
Eric...Yes, I'm feeling a bit of pale and sickly panic at the moment having just transferred the necessary into my ISA account.
FarEnd....Don't remember any euphoria about it...the maps and the little gold dots look good and it's what we do, mining exploration; the situation has been explained in numerous RNSs and Presentations. And I'd much rather have this than any number of cruise ships, I wouldn't go on one if you paid me.
Hi TFE. I agree, and feel because it is just very early days with Kosovo, we have no clue yet as to tonnage, proven vein systems, etc. Not exactly a shot in the dark, as the use of the high tech equipment and results so far do sound promising, but of course we are going off what Kurt tells us. We are not familiar with it. It's a question of trust in what he is telling us. Impossible for us to think of a tangible asset or assets out there in Kosovo though until an economically viable, mineable resource is discovered.
Early bird special. Not everybody's cup of tea. Lol.
"Municipal councilor Robert Bernhardsson has always been positive about Beowulf's plans for mining in Kallak, three and a half miles west of Jokkmokk"
Either SVT's reporting is suspect or the Mayor has lost his bearing's lol.
My original post on this Subject was the euphoria on here every time we receive news about 'progress' in Kosovo but nobody knows or understands what the actual progress is and the nature of the potential there.
Many thanks for your reply and thoughts Eric.
Thanks Sooz. Mornin'. Yes, he has been impressed by Vardar for sure, but I think it is we who must also trust in them. Do we? Can we? Just who are they? Lol. We have already thrown large amounts of cash their way, for ever more unusual percentages, based on growing potential alone, but nothing dug and proven up to date, so it's kind of exciting but at the same time it has at times left me pale in a sickly panic. We are juggling three different operations in three different countries, with shareholders constantly footing the bill. No earnings, just big wages and big ambition.
What could go wrong?
Howl.
Morning All. Very good summary Eric...I think he encountered an opportunity he thought was too good to miss, I mean Kurt and the expertise of this new team impressed him; so let's hope the little gold dots, etc. will work for us.
Now that is good news.
I don't think this is going to affect us like other shares but it's still good news. "Covid Pfizer vaccine approved for use next week in UK" - BBC
Sorry, I meant this level of dilution the year after next, not next year.
Yes, with Vardar all that we currently have are highly prospective geophysical anomalies to investigate further, though based on the use of super-duper high-tech. It is promising, but as yet it's all unproven potential worth. Kallak on the other hand we know all about, we've dug it and uncovered a beauty, long since a JORC certified mineable asset, proven, with more to go at. I can fully appreciate your caution over Vardar. It isn't misplaced, but the areas of exploration do apparently sit in a regional hot bed for discoveries. I must trust that Kurt doesn't do anything silly with these funds however, because obviously he is a mining engineer and there is an element of doubt with me that he could get carried away with all of these possible targets to test. He'll want to do as many as he can, but we surely don't want to shoulder this level of dilution next year.
Of course, with the Kallak concession in place, that would help us enormously.
To sum up, I have grown to reluctantly accept the idea of Vardar, lol, but not that we're taking percentages in an unlisted company. We could be better protected. We also don't know what their budget each year is, or if BEM is the main source of funding, using money that we are not yet earning.
Best not to ponder all of it too deeply if we don't want to invoke a slow migraine.
Cheers TFE.
3cb, there were no monies from this fund raise mentioned for an additional investment in Vardar, although funds will be available if they wish to.
But I wouldn't expect a pre announcement on this issue.
Vardar have no obligation to publish their input into Kosovo but I believe, judging by BEM's RNS releases, they're not investing like for like.
been on my account all sorted may as well burn some more money lol
what are these shares everyone are going on about; not paid much attention to this for 12 months. thanks
Looks like I'm not the only one excited...that makes a change. Lol.
Nighty night All. x
OK. Thanks, that's useful information...if I know how many I've been given by the 12th, I'll still have time to get my other Options from the Registrar if I don't get all I ask for on line.