The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Afternoon.. Suzy2, you may have to harness some excitement at this time because soon it will be, “Game on”!!! KB did say.. Wouldn’t it make a welcome change for investors, if the mining study report was to deliver more positive unknowns, and then the market reflects accordingly! atb…..
Evening.. ibjj , I disagree with you, but you knew that! We have been here before – many times.. The 6th September for comments, plus the Mining study report, is what we are all waiting to see.. Mining applications are no longer with the Government, as the opposition parties are dealing with them.. Concession first, with no unwarranted attachments would do very nicely, thank you Mr Baylan.. Imo only.. atb…
Evening.. Eric, no, we don’t know when a decision will be made. We do have a date of the 6th September, and do know what that date represents.. The politics has changed here over the past months, and the questions raised over Baylan’s failings re mining, from the opposition parties/other, are not going to go away at this time.. 12 months ago KB was almost alone voice (Mayor, SD), and since, the KU report, Fraser institute and other mining CEO’s banging the drum, there’s no place to hide anymore.. Worse of all imo, Baylan’s referral to UNESCO after years of process, made him look wanting, even desperate.. Now, its in the Governments interest to make a decision, and that the decision is not challenged.. Imo only..
Unclemal – Thank you! Do hope you enjoyed the Birthday bash at the weekend young man! atb………
lbjj, “fantasy land”? We both like being there! Lol You see, it goes something like this! I remain invested, because I remain positive – on balance! You however, are not positive, so you no longer remain invested! I get that! But, you do not for some reason.. So let me say why I remain positive.. Lofven and Baylan only care about how best to retain power- by spending lots of other peoples money.. Neither one, gives a flying about “the people”, which does include both, market investors and reindeer herders! Moreover, If they had genuine concerns for “the planet” then, low impurity, high – grade iron ore would have been given the go – ahead years ago! This is a money game! BEM have the backing from the MI (its Legal), nor have we gone for a song! Both of which, tells me that KB knows what he is doing, and that he thinks that he can deliver.. Its “Concession first”, then we talk to whoever, whenever!! Given, BEM have had to deal with unwritten rules, I think you underestimate KB hugely, What’s more, should this go legal, I hope/expect that he has a partner lined - up who can help where it matters, so not be a victim of any miscarriage of justice - capiche! If you hoped for transparency/ integrity, when $ Billions are involved, then with respect, given your years, that’s very naïve of you!! Fantasy land???.. Lolol .. atb…………
Afternoon.. Hope? Let’s hope Baylan fully appreciates that no one considers the proposals not to be legal (SP holding above 3:16).. Stop digging now! If he wants to take credit for pushing HYBRIT and Green steel (Green transition) next year, then secure the supply of the cleanest iron ore! If we got the award of concession within good time, we could supply HYBRIT with say, 1/200 Tonnes of Kallak’s finest (under ‘test’ criteria), publish the output data (energy used) in every mining magazine around the globe, and Baylan could make sure that the Green party got their copy, months before the election.. BEM/Kallak gets positive exposure! WOW! Let me see now……… High - grade = $20P/T premium…….Super high - grade = $40P/T…………Thunberg Formula (71.5%) = $50+……… Baylan, could then put his name forward for PM…… Sorry!....lol…atb…………
Evening.. Unclemal, Compensation? With respect, that’s being defeatist.. I don’t see us giving in.. We would never, ever be properly compensated.. The award of concession for Kallak would unlock $Billions, over the life of a mine.. It’s for the Government now, to make a decision.. Should we then be denied, then we challenge that decision with everything.. I think that our focus in total at this time, should remain only on BEM’s single objective, and to accept only, the then known risk, that was, Legal and commercial compliance, re the mineral policy, at the time of making our investment.. No wriggle room for Baylan/possibly others - Concession first!...imo only atb…
Evening.. Eric, a part of me want’s KB to phone Baylan on the morning of the the 6th September, to inform him that the response is “forthcoming”! I feel sure that won’t happen.. To be honest with you, I really don’t give a flying as to who could leak what to who.. The proposals have the backing from the MI, and The CEO has said that it’s not a matter for UNESCO.. No going back on that! So, the objectors may politely ram their comments – regardless, imo.. As you know, my concern is, re any condition(s) attached to any award.. Hopefully, the Mining study report will cut through the “indirect”/other BS concerns, and get things moving now.. If that is to be exspected, then lets sell that to all who is watching with interest, as soon as KB is ready, and take the initiative with Kallak.. If the study won’t help to seal the deal, then why submit at this time? We are not yet into any Legals, so it’s all about money and politics, Baylan is not doing well at either at this time, from what I can see.. Imo only, only imo lol.. atb……
Chuteless, The risk then is, perhaps others could make the claim that the objectors comments could have been leaked to BEM?.. We have been told that the proposals are legal.. KB/BEM have kept professional throughout the process, and if the mining study report is as good as we all hope/expect, then Biden has to deliver. Get it in asap.. Leave nothing to chance! Imo only.. atb….
Afternoon.. Suzy2, yes I’m sorry! With regard to any future BEM partner, for me/us, the actual % take of JIMAB, for a capital inject is, all - important.. Needless to say, any Hybrit and/or Green steel partnership, could sit well with many – politically.. However, Its “Concession first”, then BEM gets to decide on what is fair value from the then available options, to take us forward.. Algebra is good! Lol.. Imo only. atb….
Evening.. treetop, yes! However, the very poor minister Baylan, needs to deliver a sound outcome now, to help out his very poor PM.. They both need results – swiftly! Any legal challenge made running into the beginning of next year, would give the opposition parties additional ammo re mining failures – regardless of who, made the challenge.. Imo only atb……
Afternoon.. lol… Now then Suzy2, If I may, what do you think Baylan will make of UNESCO’s comments? We know what BEM’s stated position is, re Baylan’s referral to UNESCO for comments in respect of any award of concession.. No going back! Over eight years of process with no decision being made is not good – everyone can agree.. However, any decision made now, following years of process that is then successfully challenged would be very damaging for the Government/party, long term imo.. Perhaps, the ‘mining study’ report could be the catalyst for change – a shift in position! Who knows! Baylan can, and does need to turn this around.. Your/others thoughts at this time! Imo only atb………..