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If we get an award, we pass the sentiment and its just revenue minus costs divided by shares. 250million tons at $1.23/ton. I think 20's is very pessimistic.
But have been wrong before :-)
Thanks Sooz. Yes, I saw that 4 December response time on the pdf letter. No later than that, which is good, and he hasn't got long left to compose his flannel has he? Lol. I wonder what he will say to those two questions. About time he answered properly to specific questions as well. No more "A decision is being prepared" kind of general nonsense.
Hopefully he is feeling the heat. Lol.
https://www.di.se/nyheter/naringsministern-prickas-i-ku-ignorerade-gruvbolag-i-tre-ar/
After a unanimous constitutional committee..
The article quotes that they:
'can reveal that there are government negotiations on the issue that would not be political.'
This sounds very positive indeed if true.
"The big question in the end is whether we should have a mining industry in Sweden or not," says Beowulf Mining's chairman Sven Otto Littorin.
Payjj. 60p would be lovely. But bearing in mind we were not too long ago thinking anything north of 20p on award with half as many shares as now would be great, that seems a tad fanciful to me.
Suzy at least today we were allowed to keep the rise,
Nick, if everything goes swimmingly from here on out, I would be hoping for 35-60p for the award of Kallak...over ambitious? GLA
I was just saying. :-)
I'm sorry my views don't coincide with yours but if you can show a post of mine on here where I have stated the SP is going to be lower than the current price then I'll be interested to see it. Feel free to copy and paste it.
I've already explained why I haven't sold......yet.
As for my posting history, if you check back you'll find my recent contributions are probably condensed into the last month or so mainly answering questions of a defamatory nature like the previous one accusing me of deramping this share.
Chil-out and play some more Elvis instead of trying to administer this BB.
21p by end of 2021
Just logged on 68 comments and 19 trades..scared to read today's boll...is, let me guess ... More waiting FFS..
I believe they have to answer by 4 December 20.
Why you appear regularly on here to deramp this share is a good question...is it to protect the interests of the poor naive investors who don't have your savvy? You could have sold in October for 6.85p, making yourself a reasonable profit, keen as you were to exit this saga. And as for having little interest in this Company your posting history belies that; you post on Lloyds and BEM more regularly than any where else.
I have long since stopped following closely the trials and tribulations of this BEM saga Suzy.
Guess that's why I was not up to speed on the KU and it's recently published report.
BEM does not hold a prominent place within my holdings, however I do keep checks on the SP which gain my interest whenever there's an upward movement.
My current BEM shares have for some time now just been sitting there (much like yours, I would guess) but although no-one likes a loss, my records show that they have been attained with a miniscule outlay. So I'll keep these until a decision is forthcoming, at 7p a sell is a no
brainer:-))
Ibjj...An unpleasantly insulting post I strongly disagree with.
https://www.riksdagen.se/sv/dokument-lagar/dokument/interpellation/tillstandsprocesser_H810159
Afternoon. TFE, the Greens are toast! The Greens are no longer an asset to any party, they are a liability! All main parties in the West now, are pro Green. The PM recently has concerned himself with uncontrolled immigration. That’s not his real concern, but the Sweden democrats are. The PM needs bread and butter policies, sharpish. Just my opinion. atb
Why didn't you sell at 7p then FarEnd....with your average of 3.7p it would have been a no brainer.
Binary choice.
It's a no decision until the next election or a yes decision and an early election, without the support of the greens.
If you was a politician serving in government, the pinnacle of your career.......what would you do?
It's a no brainer IMO.
Well, it is in the PM’s interest to get a decision out asap, and to sacrifice on any ideals. If the PM/Baylan thinks that the world hasn’t rumbled a bent process, I’d summit, that they are wrong! Imo only. atb
Good afternoon,
The ball is with Budge after the KU’s thorough reiteration of the details of which we are all too painfully aware.
If I believed this would change Budge’s supine attitude to this paralysis, I might feel more encouraged. I believe he will do no more than hope the KU’s report will be enough.
The government will, in my opinion, continue to behave as they always have. Baylan should have no trouble in spinning this out to the nest election, which is his only timetable.
The only glimmer of hope I would have currently is that the new chairman is capable of fortifying Budge for a legal battle which I have long believed is the only option available to a CEO who is serious about building a mine at Kallak, and not simply content for continuous fundraising to pay his own salary.
Afternoon. lbjj, I thought you might have been a little more positive today. The findings provides KB with something of concrete, should the Government give him any reason to change his approach in respect of available options. Imo only. atb
Investegate is a good one.
Aye, and it's just popped up here on LSE now, even though the RNS says 10:50am released.
Bizarre happenings on LSE at times. Sheesh!
Just FYI, I also use
https://www.investegate.co.uk/Index.aspx?searchtype=1&words=Bem
Very good website and always releases the RNS immediately.
As it hasn't turned up on LSE yet, here is a link to the company's website for anyone interested in their announcement.
https://polaris.brighterir.com/public/beowulf_mining_plc/news/rns/story/ry4ldyr