The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
l have just read it again it says if a concession was granted today it would take 18 years to production or am l missing some think
It will take 4-5 years to build it.
You read it wrong....have another look. :-)
l like the bit were he says it will take 18 years to build it , is he having a laugh or what?
The state miner wants it!
They are exhausting their current resources - but they are unwilling to pay for Kallack whilst they can see the prospect that they could acquire it for virtually free?
I have spoken with Swedes on the matter. These were originally enthusiastic investors who withdrew - for this very reason!
I'm sure they are mistaken.
Individuals may be unscrupulous - but not fair-minded liberal governments, claiming they wish to encourage investment in their economy, for the good of their voters!
Eric. Forcing the company to go bust would be very underhand, in deed. I assume KB would have to act if this was the case. I have previously said that if the Government don't grant the exploitation licence because of the impact on Sami activities or to protect Laponia then they have effectively created a dead resource. It would be difficult to overturn that even for the state miner. There doesn't appear to be any other reasons for not granting the licence as our application fully meets the legal criteria-so it would have to be overriding factors. LKAB could easily buy BEM for vastly less than the resource is worth, if that's what they wanted
Suzy 2 ,reading through the RNS it like reading about a different company ,can’t believe this is BEO with such a lot of promise ,wake me up in the new year,
Much as I was looking forward to the autumn drilling programme, I'm glad to be saving the money in the circumstances of not yet receiving any clue about the date for a decision; the KU Committee's intervention is the only assurance we have that the matter will be kept in focus. As Eric just said....they'll let us spend money till the cows come home but there's every evidence they are withholding the exploitation concession, for some reason which is anybody's guess. We have to survive after all's said and done and the Boss is doing a good job with that...and there's a lot more to it than just writing letters.
The Unaudited Financial Results Ended June 2020
There's a lot of potential in that and I'm very encouraged by it...I can feel the sun about to come out. :-)
"“We had hoped to be drilling at Kallak this Autumn, but instead we will be focusing our attention on technical matters, resource and processing upsides, and moving the project forward in social and environment areas."
Sooz, the Swedes will let us explore until the cows come home. They want to be seen to be a progressive country, but the reality is that they apparently don't want investors actually getting any further, just to do the groundwork. No exploitation of the resource, only the State can do that.
Seems that way to me. They will gladly see us go out of business, now that we've done the groundwork at Kal and proven a mineable JORC.
And don't forget they already have given permission for us to go on working there with the new licence at Parkijaure No6.
I feel an update on Kallak would be appropriate, because then some of us may not feel as if Kurt is dodging the issue.
In my book it's got to be a positive working on Kallak while the government deliberates.
It would be even more embarrassing if they rejected our application while at the same time effectively giving permission to carry on working there.
It's all a big mess, of their own making.
I suppose if you do hold a very small percentage of seats in any coalition then you will feel battered. She has obviously become worn down over time, but under her watch I suppose the Sami will have been relatively pleased, because there is still no decision on Kallak. As green as our operation might be, no decision means no change.
Movement for us or renewed vigour from the next green minister? I hope the former but suspect the latter.
Isabella Lövin leaves politics: "It is a challenge to sit in government"
Isabella Lövin resigns as spokesperson for the Green Party, writes Dagens Nyheter.
- I see that it is the best for me and the best for the party, she tells the newspaper.
In connection with her resignation, she will also leave the government and her post as Minister of the Environment and Climate.
In a debate article in Aftonbladet, Lövin develops his resignation. There she writes that the last few years have been turbulent in politics and that she now longs to slow down.
In Ekot's live broadcast, Lövin says that the Green Party has had difficulty reaching out with the reforms it has implemented over the years in government.
- It is a challenge to sit in government, she says.
I think the same... Barely any restrictions, and yet KB gives Covid and travel restrictions as a reason for delaying the drilling programme. It makes no sense at all. When 2020 draws to a close, what will have been achieved on Kallak? Another wasted year...
Aye ok, if you lob in another antler to chip in for the taxi back, you are in.
As much as I love cats, we can try and swing one in it, see how good the plastering is.
These rooms don't come cheap John, but they may be cheaply put together. Lol.
Meow!
Can I join in the game? I've got some reindeer antlers to bet with
Yes, FarEnd it takes a bit of thinking about....especially when Sweden are continually boasting about their business as usual approach to Covid, doesn't make sense at all. It does make sense that the Boss postponed it to save money (just a speculation) because the extension to the licence expiry date allowed it. I thought it was Parki No 6, I'd forgotten about plans re KS... I might be losing the plot again.
You were pretty much spot on re the size of the AGM room.It can house a cat but swinging it would be a struggle.lol.
Haha brilliant
I'm all in with the mother lode. Lozan's stuffed, pickled and mounted furry companion Joe.
I'll raise you an Eric style double HOWL and a couple of hoopoes