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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
And a "Go Ahead" health bar.
I'll see you for a silver mullet.
Lol, I'll raise you a pair of blue suede shoes and a bottle of herrin broth.
Subtle, sell? Lol. I'll raise you one magnetic whale.
'kin typo.
.....so why would IT, and when?
New thread? I keep thinking these comments are directed at me lol.
I'm a bit miffed about the decision to postpone further drilling at Kallak South. There's something about it that doesn't ring true to me.
The drilling contract was awarded last May and
the decision to postpone the Kallak South drilling was announced 8 week's later, midway through July. This is to stop something happening, sometime in the autumn.
The reason given was that it had been postponed because of COVID-19 and until such time that resources can be fully mobilised and deployed safely. We're talking about a two or three man team working in the middle of nowhere!!!
Since July we've had entire cities in lockdown and deemed safe enough to reopen, even Countries have had their travel bans lifted.
Call me a cynic but this directive was not issued on health and safety grounds directly to BEM but by the government to save them the embarrassment of making a decision on Kallak when work was ongoing on the adjoining/sister site to Kallak north.
There's time enough for BEM to overturn this so-called ban and get these resources fully mobilised and deployed again. Over to you Mr Budge.
If there's a winter market in Jokkmokk this year Suzy you'll have your answer, it was nothing to do with CV-29 it was purely political, IMO.
Sooz, let's hope when September comes the debate stirs up a pot of damnation enough to force the Minister into sorting out these permitting problems. Baylan has so far been useless, as was Damberg before him. Let the KU point to such ineptitudes in Office and slice their bloody heads off.
So to speak.
Yes, the current approach of doing not much except write a damning letter now and then has got us nowhere. Baylan can't even be bothered to reply to them, unless a whiff of legal action is in the air.
Politics is slow, as Sooz says, but we are not supposed to be waiting on any political agenda to be fulfilled. We have completed an application for a concession, based on specified criteria, and we must be judged only against the content of our application v said criteria. Yet no!
Kurt has allowed the politics to take hold and the Kallak matter has become a hot potato.
Ouch, burny burny.
Not impressed with his lack of communication re Kal. Is he doing anything?
Pi55ed right off. And no, the legal route is at least structured and will have a timescale. We currently don't have one, as long as we wait on politics, bugger all has happened for us in seven years and four months, so why would if, and when?
Christ on a bike!
The winter market....yes, we seem to be enjoying a sort of 'eternity' here. Can't be bad. ;-)
Hi Suze, yes my attempt of creating some additional excitement :))
Christ alive, won't be long for the winter market !
Hello Subtle. Re:FarEnd is getting too difficult to read. :-)
Give it a chance ...politics is slow but possibly not as slow as the law. What's happened since MrP left and returned? Let's see: there's the loan from Nordic Investors and the September opening of the Riksdag with the debate being taken up again and he's managed to get a grip on his nerves, it's not the first time he's 'de-risked'. I'm putting my faith in the investigation.
This is only being held up by all the old die-hard faithfuls lol
I want to sell out just to spark some kind excitement.
I accept that. But our AGM’s aren’t exactly crowded from previous experience. And yes, at what point does KB draw the line and change tact? Because however you look at it, without wishing summer away, 2021 and an 8th candle beckons. And the current approach is not working.
Fair comments. I guess we can phone or email Kurt (and I have done both previously), but you asked what the point of the AGM was. Not all investors will feel comfortable getting into direct contact with him on a one to one, so an AGM would have been an opportunity to voice a question while sitting there as part of a collective. For some that is more appropriate, in my opinion. And one question could trigger another from someone else etc. M
I accept there isn't too much happening with Kallak right now, or so it seems. Kurt has said that he would consider using the legal option if necessary. I feel he should now tell us when that might be. What would determine that enough is enough. Most of us long-term supporters are clearly very unhappy with how things haven't yet panned out, under his tenure.
And so we bloody wait. Lol.
Good to hear from you.
It's becoming a mightly event. after dutch courage, one too many. The language gets more difficult when the brain is sozzled. Only 4 letter words come through the alcohol haze. But the negative makes us stronger. God bless Busterhotdog. I can fell a damascus time before long.
And as for the loan, if not repaid (and unless the licence is issued, it won’t), expect a small rise on the Swedish Market around the 15th Feb 2021 when the loan will be converted to SDR’s and then slowly drip-fed onto the market. I guarantee it...
Ad I’d love to know what’s changed the mind of mwilliams41? Has anything materially changed since he left and returned?
And several of us have had conversations with KB. He is open to dialogue, so it’s not as if an AGM is our only opportunity. The fact is, there is little news flow...
KB has made it clear what he won’t do in respect of our application - Pursue legal action. In my opinion legal action is the the only recourse that we have. To simply sit and wait is of course an option, and one pursued without success. This has set the company back years. I have become broadly supportive of Fennoscandien and Vardar, but they too are years away from being cash generative.
Governments are called to court frequently. In the UK the FUB pursued legal action due to the changeS to public service pensions - They won, and the process took 12-18 months. A far more complex matter than a mine. What is to fear? There is nothing to lose.
As for the guarantees given to the Nordic investors? They get a discounted slice of BEM, which would then be sold on to a rising market (Which always magically seems to occur just before a placing...)
Pocko, true, but I suppose some shareholders could ask Kurt about the Kallak situation and what he intends to do about it. Also why he feels the gold results look promising etc.
He managed to borrow from Nordic lenders, so what did he have to tell them to secure that deal? We could ask him to tell us!
I know, I'm straw clutching again.
Beyond the legal requirement to hold one, what’s there to actually say?
Ooh. AGM RNS. What a laugh. Nobody can attend the thing due to Covid.
And yet pubs, cinemas, cafés.........
I'm sure a limited number of us could have gone, based on first ones to express interest and book a place.
Or is that room so tiny it can't even house a cat, let along swing one in it?
Dunno.