Member Info for EricDraven

Golden anything would be brilliant SJ.

Yes, on we go. Cloud seems to be lifting slowly for us. Nice to be drilling and my goodness, there’s metal everywhere at Kosovo, so fingers crossed Kurt’s faith in the Vardar team to hit the mark pays off. If we don’t drill we won’t know. So good to be drilling. Lol.

As a related issue, it will be interesting to see whether the Sami folks manage to submit their objection before their latest deadline day.

Afty. x

Mornin’!

Only a few holes to drill Sooz, but I’m really pleased that Kurt has managed to get another one in, like he said he’d try and do. Good that, methinks.

Thanks ADF. Much appreciated.

Hi John. Thanks for your reply. Am doing ok, trudging through. Hope you are well.

Yes, I’m not too excited about Kosovo, considering the spend, and from the slow pace of that one as well. Results ok it seems though, but it has been a bit of a cash drain, so a bold move by Kurt and one we must trust will pay off for us shareholders. I’m really hoping we will be able to last well into next year on existing funds, because it’s a fair amount left in the coffers at this stage, so we must just see if Kurt can manage the finances well and raise any necessary when the sp higher. Barring a loan scenario that is. Anyway, watch this space I guess. Lots of good progress being made now though with BEM operationally it seems and yes, I like the look of Ulla, she does appear to be a no nonsense character.

Another decent RNS today and nice to see the videos posted by Andy. Amazingly, the Sami representative from the main community allegedly affected by the mine, well, he couldn’t meet with Ulla, yet still had time for a video interview. In the midst of reindeer operations. But Ulla can only indicate when the meetings will take place, to cater for all communities, which is fair to everyone then.

Have a great weekend.

Aye John. Bonus for us with another Kosovo drill too. The only thing unknown at present is how Kurt intends to raise the next funds. Whether it be a loan or whatever.

I’m hoping we can actually submit the environmental application before the end of next year, but have to see. Sounds as if Ulla is firing on all cylinders to me. Good news.

Only my thoughts.

Good.

https://www.brrmedia.co.uk/broadcasts-embed/6374d948550d0e0a04137b65/beowulf-ceo-update/?popup=true

Alan!

Sounds good to me.

Thanks Roller, very kind of you. Yes, I feel the same about this as you really, I’m very disappointed with the sp performance since gaining the concession, and also with the lack of regular and helpful news from Kurt. Andy is the one informing us of the Sami situation, for which I’m grateful, but no updates on that from Kurt. To me that is important information which makes up part of our picture. As would be a rough date for the PFS. At the moment, there is a blank in timeline, we know that the Scoping Study should be by the end of this year, with our enviro application to be in by the end of next year. So almost an entire year yet without further timeline for events.

That’s why I’m not too enthused. It’s easier to retain both focus and optimism for me if I have dates to tick off. The time passes in a healthier way. Lol.

Best of luck if you can fully retire at a good age like that. Sounds brill.

Hi Roller. I know what you mean. It does seem a very long date away in the future by which time to have the environmental application submitted. As Pocko mentions, the work has to be done on the Scoping Study, then a Pre-Feasibility Study, but not sure what else will need to be done to complement the application. I would say our Swedish investors will know much more about the requirements than we do.

A timeline of work leading into the submission of the application would be helpful. We know only the estimated date for the Scoping Study, with the PFS shortly after that, although no rough date for the latter.

I suppose it may also depend what is occurring behind the scenes, talks underway with potential partners etc.

It’s all pretty loose in terms of time for a reason possibly. Leeway.

Meanwhile, you are right, all we can do is wait. If we don’t need to sell.

I’m sorry if my post isn’t too helpful.

He must have been very bored.

Xophe, if you weren’t thinking of selling then not sure why you bothered doing that. Lol.

Cheers Andy. That date isn’t too far off. They’ll have had eight months to sort their appeal, visibly, post-concession that is, so I’m trusting the Court won’t keep allowing further extensions of time indefinitely.

Atb.

Not sure what to make of today’s RNS. The new chap will help Ulla out so I guess we must wait to see what they both actually achieve.

Best wishes all.

Hi Roller, sorry about doggy, but she’s in good hands and knows that you love her.

Not sure when we’ll hear about the Scoping Study, but we can only sit and wait. The sp is awful, but we should surely see it lift before long. I wouldn’t mind an update from Kurt on the state of play in the Sami appeal, because he did say he’d keep us informed and we shouldn’t need to rely on info from Andy regarding this.

Have a good weekend.

Hi SJ. I agree with you there matey, lots of work to come and not too far off commencing, all being well. The sp has been tragic since March, so if we need cash in now, I’m trusting Kurt won’t do a usual style of placing while the sp is so dire. Use the concession to secure a loan, or an extension/addition to the current loan, all to be payable at a future date or shares allocated at that time if we are still pink lint.

I don’t know what else to say. I’ll give it another year. Lol.

Not bad. Adding more potential oomph.

Bring on this Scoping Study and hopefully a soon thereafter PFS. Not sure about the chances of another drill in Kosovo before year end. Slim, I would say now, considering it’s just ticked into November.

Gunpowder Plot next. Yay!