George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Suzy, fair question. TFE should now ask you what your definition of deramping is.
For the sake of balance.
I wish we could all get along. The sp isn’t helping, but on a brighter note perhaps, we now now have approximately less than three months to wait for the conclusion of the six month review. We’ve broken the back of it, in terms of waiting.
What I find unusual is that while we know why we have no news from Kallak, i.e. pending the outcome of the Sami appeal, we’ve had no real update from Kosovo since January, with nothing seemingly hampering developments there, except perhaps for more cash from us.
Watch this space? Wishing thinking and all.
Good luck to us.
What is your definition of ramping FarEnd?
"We weren't born yesterday"..
Judging by the outright ramping and contents of your posts on this site over the years there have been many who have questioned that statement Suzy. 😆
[LINK REMOVED]
”Mine Storage, a company that can turn all old mines into energy-efficient power companies after the mining companies first built the conditions for them! Mine Storage takes over all old mining pits and continues operations but now in a different form. This also means that companies like Beowulf Mining can now prospect 400 hectares of land instead of just 100 hectares as with Jokkmokk Iron Mines. Because even if the ore content would be expected to be lower in these additional 300 hectares it still makes mining them much more profitable because, at the same time as they build better conditions for power companies like Mine Storage, they also build and get more profit out from their own investments as their mines become both bigger and deeper.”
Thanks to Sir Pet, @ Placera Forum.
Send me pictures.. maybe I'll pay..
My granddaughter would like a boob job for her birthday, I'll happily pay, this share as brought me no joy in ten years invested. Good luck all
PS And I'm laughing a bit that you feel we need a good classic indicator of what can go wrong. We weren't born yesterday. Lol.
FarEnd..funding was always going to be a big issue, building a mine isn't cheap and we were never going to do it with the number of shares that the early days valuations were built on...it was unrealistic, but that's what AIM is it takes a lot of luck and a lot of positioning...hindsight is useless, of course. Anyway thanks for your good wishes.
Suzy.
From an investor perspective, the decision 18 months was the one that mattered. Whatever the court decides is irrelevant regarding investor returns. 'Actual' decision or not, it's all about the share price. And as I said "that opportunity will not present itself again IMO."
I don't believe that the SP will rise again over 500% from its present value after the supreme court decision, hence my comment about opportunity. All I can see from here is oblivion or dilution (depending on the court), with yet more issued shares followed by the inevitable consolidation. The last cash raise was not well received by pi's and, same as the last financing is not being used for what it was promoted for. So in that respect (consolidation) yes, you might see 20p again but you'll have a lot less shares.
Eric was correct that you can't make a comparison between HZM and BEM as they are at different stages. But again, IMO, it's a good/classic indicator of what may be the future of BEM if indeed they do make progress.
I genuinely hope BEM will deliver, especially for the Lt investors who have been involved here for over a decade.
I really hope so Suzy.
FarEnd...Yes, the decision that mattered happened 18 months ago but it doesn't become an 'actual' decision until the Supreme Court decides that it was OK, which means there is a perceived risk that it won't be OK and that would be curtains for our proposed mine; so I'm not agreeing with you that the opportunity will not present itself again, I'm believing it very well might and then some.
TFE, thanks for clarifying. 👍
Good evening Roler1, don't worry about Henrik Blind, he might eventually be able to get a "real job" in our mine. ;)
The decision that mattered, the one that you were waiting for occurred some 18 months ago Suzy. That opportunity will not present itself again IMO. The miracle if there is one coming, is yet to materialise.
Eric, my post was about the perils of AIM investing, which I'm sure most are aware of. Nothing about a comparison between HZM and BEM. However, with the recent shenanigans at the top here and the current moratorium (stagnation by any other word) led me to my comment that small punters are still being parted from their investments, hence the title.
for those of you on facebook, check out henrik blind as he seems to be a pian in the **** for beowulf..good evening all..
I'm tempted to say something about your partners the likes of statement but I'll hold my tongue there's only one opinion allowed on here these days but just in case you don't know...it's a decision we're waiting for not a miracle.
A very bad day over there, but it has nothing to do with us. In terms of its stage of development it cannot be compared to BEM.
Only my opinion, but your “Buyer beware” title here is somewhat misleading, considering we don’t yet know the results of our six month review. Kallak and Vardar information still awaited. Fair enough if you post that title on HZM.
For those here who are expecting some sort of a miracle….. while you are waiting it could be prudent to take a look over on the HZM BB.
A classic example of an AIM miner. Well advanced and supposably financed with backing from the likes of Glencore, LaMancha and Orion.
Out of the blue there's a funding gap, who'd have thought it!
Slowly and surely the small punters are being parted from their investment.
I’m not sure why my post was also removed, it posed genuine questions to Aug. Still, he did overstep the mark and he knows that.
A couple of nice buys from someone today, good to have a bit of a blue day.
I think someone had a sherry based evening melt-down...
It will probably correct before end of day hahaha
Something wrong with the numbers above, they've turned blue. Must be a fault in the system somewhere.
I thought it was just my computer Roller. Not going mad quite yet.
What happened to this morning's messages ???
We were supposed to dovetail the development of Kallak with that of the Grafintec project, both 2026 for production. We now know that won’t happen with Grafintec until a year later. From the current RNS. I’m hoping, and that’s all it is really, that Ed can pull a rabbit out of the hat re Kallak and bring us some unexpectedly good news. At the back of my mind however, is unfortunately the dread of having wasted thirteen years supporting this company with another body blow yet to come.