Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Keep it up Suzy we are all behind you,
You really are Mrs Kurt Budge, aren't you?
If you are going to be so vulgar as to talk figures. At least be accurate. My first sell was at a loss of £22k. And I got 3 months in NZ, thanks.
PS you are the most relentless ramper on here with your " excitement " without reason.
I know, I know...you didn't actually lose £30K you transferred the money you managed to retrieve from here into an investment in Morrisons, which made you much, much more. Well done, I'm glad for you. Personally I have little interest in supermarkets, I go in, buy something for dinner, etc and never think any more about them, they're very boring.
You got a holiday in New Zealand from your last trade out, you didn't leave empty handed...if we can forget the £30K you said you lost on a previous occasion. I don't want a holiday in New Zealand, I want a bit of an iron mine in Jokkmokk.
That's right... but the only preposterous bit is that you think you can challenge my investment decisions; I'll hold this for as long as it takes to get the Exploitation Concession, and I've always said that, I've been pretty consistent and it's my own business, I don't ramp or de ramp I just state my own opinion for what it's worth, people can take it or leave it.
You've had 6 years of Budge's imaginary plan. He doesn't have one, other than wait with fingers crossed. Meanwhile, life is passing yo by and your investment is being devalued.
And you still defend him. Preposterous.
He didn't propose your idea of a plan of action, his own plan he's entitled to keep to himself for as long as he thinks fit, he's the CEO and you're not.
He mentioned it. He didn't address it or propose a plan of action, did he?
He did address it.
Very nice. ;-)
some good size buys coming in
Yeah, so the door is wide open for them to dream up any number of obstacles / requirements / preparatory work, i.e. excuses to do absolute diddly.
When is Kurt Budge going to act?
As far as the prohearings presentation to the Jokmokk care home goes - what a waste of time. Didn't address the one and only topic of interest and importance - the Kallak concession.
Cut and paste your post:
If I may cut and paste your post:
"They have requested answers to questions that apply to the investigation of the KU report. They have done it several times before as well. It has nothing to do with the Processing Concession. It's just clarification on some issues, specifically wants the answers to the following:
"At its meeting today, the Committee decided, by letter, to
be sent to the Cabinet Office, requesting answers to some supplemental questions
, etc. as shown in the memorandum.
A reply on this letter is expected no later than Tuesday, October 27, 2020, "...
Through a letter sent to the Government Offices, the committee requests to take
note of the documents submitted to the case N2017 / 04553-FÖF since the committee in
November 2019 received part of the file, as well as answers to the following supplementary questions:
• In response memoranda on 9 January 2020 and 6 February 2020, in
response to the committee's questions, the preparation
measures that had then been taken in the case were reported . What further preparatory measures have been taken in the
case since then?
• Has a new assessment been made within the Government Offices of what
additional preparation measures may need to be taken?
• The response memorandum on 6 February 2020 states that the joint
preparation of the case has not been completed. With which other ministries
is the matter prepared and in what way does the matter fall within this or these
ministries' areas of activity (cf. section 15 of the ordinance [1996: 1515]
with instructions for the Government Offices)? "
Much appreciated.
It's been suggested on the Swedish page that the Minister doesn't have the mandate to make the decision, it's up to the PM. And that's what it looks like to me.
Clearly, as far as Baylan is concerned, our application has not been prioritised. BEM have gone above and beyond to do things correctly and all parties have been consulted, some several times. The application should have been either passed or rejected long ago, no question.
You're right, Eric, the man is a disgrace. But in fairness he is a politician.
Yes, it is, that's what I said. It has reached that stage where the KU is now forced to investigate to shine a light on it. Baylan having knowledge of the investigation though, has not made any difference in bringing a decision forward. He's a disgrace, but is hard-nosed and will obviously have a flimsy excuse for the Government's apparent inertia.
I thought that was what was being investigated...the Government's handling of the process, that's what the KU Committee do. The Riksdag review the effectiveness of the process and they also are doing that now, we've seen motions about it from various groups in different parties setting out the issues they think need to be addressed. Whether or not those initiatives will have any influence on the Government we don't know, in fact we don't know the reason why the decision has been withheld if it has been withheld...we only know what they've told us...it's prioritised, in hand and forthcoming.
Seems to me that Kurt will never take action to get this Kallak decision, so the Government will never cough it up. We know there is the KU investigation into the Government's handling of our application, and even that factor hasn't pushed Baylan to do anything. It would be embarrassing to most people, I'm sure, that the matter had festered and reached such a point where the Government's part in its own permitting process must now be investigated.
Just saying.
I'm still living it mate.
Blimey 3card, you just bought a nightmare back to me, one word....... VOG.
At this rate Sooz, we need all potential investors to be immortal.
They looked middle aged ish....and young people don't have much spare money, they have a mortgage and kids.
FarEnd re "His comment about sustainable mining "it's all going on now it's all happening in Sweden right now"
I wonder if there is a bit of psychology going there with Budge trying to make the Swedes feel good about their green credentials, and therefore that BEM is the right company for them.
As regards diversification, whilst it's mainly good not be to seen as a one-trick pony, there are many examples of companies that struggle on year after year taking shareholders money, that then change tack to a new venture. For example UKOG with Horse Hill and then Turkey, VOG with Kermekol, then Westmed, then Cameroon. All great if at least one of these ventures is successful but all too often it just results in more dilution and shareholder resentment. Really hoping success is just around the corner though with BEM, and hopefully in Sweden.
Although he isn't a natural presenter, he comes across as absolutely genuine and of course is a mining engineer, which adds weight to his plans. The presentation itself was informative, but I feel needed to be on a larger stage, in front of thousands of potential investors, and not just in a small room in front of members of the local dominoes club.
Scale it up. Then the market may wake up to the value of Finland and Kosovo, as more invest on the back of the info in these good presentations.
Just watched the above presentation, and I guess he's got to be upbeat. His comment about sustainable mining "it's all going on now it's all happening in Sweden right now" I thought, yeah right. Long on rhetoric and short on action that sums up Swedish attitude towards permitting processes, actually on reflection they've even given up on the rhetoric.
JB stated that we acquired Fennoscandian in 2006, surely he's got that wrong, I remember, we haven't had it that long......have we?