Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Its on your shoulder Baldie ? Wipe your mouth and put your toilet roll in the cupboard ?
Spread on here is rubbish once the offer has taken affect hopefully should reduce creating more buys hopefully good news soon !
Yes i agree , dummy fell out of Baldies mouth hopefully he s put it back in today !
No hard feelings Baldie we need to focus on News not your childish banter ?
Moaning Morning All , Lets hope everyone get up on the right side of the bed this morning ?
I am still a very small shareholder and I am not ****ging off the business. What I have said recently is fact. Kurt turned the company round and the market sent the shares up and I doubled my money for the second time. However, the board has been stuffed up by a Swedish government and eco worriers and it should come as no surprise to shareholders as to what has happened when institutions get involved. Now 50%+ of the shares are owned by the Swedes so really they are the ones who should push their government in to making a decision and if they do then I may buy back in to the company. Lets leave it at that for the time being........
Cash is now around £0.5m and is sufficient to pay saleries and do a little drilling in Finland. What is more difficult is to value the shares IF the Licenses are granted. My best guess is that not much more than the current M/C of £47m and please note that there are now 500 million shares in issue. Therefore what would anyone pay for a JV leaving BEM with a minority holding in a business which will take another 5 years to bring into production? On the downside my valuation is - what would someone pay for a clean AIM shell = 1p and with write-offs etc at best 3/4p so there is lots to play for both UP and DOWN.............
Baldy is a moron he,s trolls the various boards sprouting or ramping and has not a clue ? trying to make out he knows best but where was he months ago before this turned ? Baldy will disappear like a bad smell if this goes bad ?
Well your wrong again ? I have 9000 k loss thanks to your Ramping and one of the reasons I come back is to warn newbie investors not to get their fingers burnt . All my money earned is from slogging my GUTS OUT FOR YEARS HARD WORK MOST OF YOU HAVE NEVER DONE IN YOUR LIFE ? So why should any new investors be suckered by your Dribble ?
Yes Baldy I can smell it from here ?
don t argue with big 3rdcardbag ITS HIS WAY OR SUZY WILL SUCK UP TO HIM .
Trouble of this lot of directors like to play silly games and told to many lies ? there was a mention of a dividend a couple of years back ? this lot like playing JOKERS and time is running out NOW . Time to lay their cards out soon and it BETTER BE GOOD or it will be time at the BAR ! 13 YEARS OF FALSE HOPE SO TIME TO DELIVER YOU MORNS !
If you buy a full face mask and suit your be safe you can t catch it . All about washing hands and using your loaf and keeping away from busy places . I wear a full face mask and could not care less whether people like it or not better than the crap leaking masks everyones wearing thats why its spreading or one of the reasons ! Stay safe .
3 rd card bag less what s your view you old fart ?
Yes plenty on here taking them looking at this dog share leaving its death here ?
I bet you do ?
The Swedes are a funny bunch.They like the Sami,are very environmentally friendly but then hold frequent car rallies featuring dirty polluting old gas guzzlers.It would be logical to think that BEM wouldn’t waste money on further exploration if they thought a permit wouldn’t be forthcoming but actually they might just want to strengthen their hand by enhancing the Kallak cause as being a good commercial proposition.Keeping the pot on the back burner so to speak.Frankly,I reckon the likelihood of a permit being awarded remains about 50:50.Even if a permit is awarded,there’s the likelihood of demonstrations and Sami lying in front of bulldozers.Kallak is a bit like a third Heathrow runway.Its anyone’s guess.
The assumption must be that the Swedish government will continue to play ostrich in respect of Kalak.However,it should be remembered that BEM is over 50% owned by Swedish investors.Also,the company is committed to developing a clean and environmentally acceptable way of extracting iron ore.If the authorities can’t go along with that,then they may as well kiss goodbye to any such projects ever being developed within Swedish borders.The implications are extensive.The legal route is expensive but there’s clearly little alternative.Its pretty meaningless doing back of the envelope computations of what Beowulf is worth given this or that because you’re necessarily making an assumption as to what the outcome of Kalak will ultimately be.Even if approval is granted,there’s no guarantee that demonstrations,objections etc won’t interfere with Kalak construction.However,I find the relative market caps of Beowulf and Horizonte Mining (as two junior AIM exploration stocks)pretty inexplicable.Horizonte is valued at only £45m compared to £27m for BEM.Horizonte appears very underrated on a comparative model.
3rd card bag you could be on the board with all your wisdom we could all be millionaires ?
Mostly share sells as usual ? This share is sinking to the bottom soon be 1p share ?
The trend is down as usual this share needs a miracle ? Maybe bible basher could pray ?
Any of you idiots on here know when share price going to rise ? **** in the wind ?