RE: Prohearing presentation.18 Oct 2020 21:53
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.