Member Info for EricDraven

Lol. True. Yes. Scoping Study before year end and no notified change to that plan, so it can’t be far off from commencing. We are also in a good position for the environmental stage next year, as we’ve already done much of the groundwork in the concession application. We did the HIA too, additional work, so that should help when it comes to submitting our application. Much info already there that we can used for reference perhaps.

Not sure when the PFS will come though. Kurt has been fairly tight-lipped on that. I suppose it depends what occurs after the Scoping Study has been completed.

But yes, Scoping Study something to look forward to.

Yes. Makes one wonder why.

Thanks for sharing Pocko. Cash burn relative to our market cap isn’t bad at all, but we obviously are using more money and we’ll see a fundraise before long. I don’t believe anyone thinks our Company operates on fairy dust though Pocko.

We need the market cap to be healthy, to keep the percentage market cap to fundraise level sensible and safe. I’m sure Kurt is mindful of this.

Hi Sooz. I know what you mean, lol. We could do also with hearing about more pro-Kallak stories, to even out the bias. Let some light in.

Hi Sooz. You may be right, yes, don’t rise to it. I suppose it may depend on if they aren’t the only ones pushing that particular agenda.

Evie. xx

3card, hi. Yes, the vanadium was supposed to be our lucrative addition to all else, but obviously it came to nothing. Doubtful we’ll ever see any royalty payment from JLP.

Thanks Andy. So now it’s about Uranium content. I’m trusting Ulla will respond before long.

Cheers for sharing.

Thanks Sooz. Yay!

Pocko, yep, the concession is transferable, so never rule anything out.

Sooz, interesting point re the 0.3km size re Aitolampi. I can’t find the info for Finland, as in, if there are any minimum size requirements for a plot, in order for a mining licence to be viable. The thing is, there is also the depth to consider.

So maybe Kurt, for reasons only he knows, just has not applied for one. Or Grafintec hasn’t. There may be info out there, but I haven’t yet found it Sooz, you know, re minimum area coverage for licence. One would think it should be the same for an exploration permit as for a mining licence, so if we have the exploration permit for Aitolampi, then Kurt could apply for a mining permit for the same area. Dunno.

0.3km, how deep is your love though Sooz? Lol.

Good points SJ. Yes, it wouldn’t be acceptable if Finland took as long as Sweden to issue permits. Not worth risking that it could be the same type of scenario as we witnessed with Kal.

Good that it finished up in Sweden after our drop lately. We do usually catch up a little, so see what next week brings. The Swedish Government seems to change formation so often that it’s mind-boggling. Lol.

Chute, sounds feasible re what you mention for Finland. Slow progress since 2016, but movement of late. Time is right perhaps.

We could do with some good fortune.

A tape inserted for the lack of activity at Kallak. Only the sound of reindeer hooves and snowmobiles.

I’d really like him to flog our Kosovo stake back to Vardar for £3.1m. See how they like it. Lol.

It’s a puzzle. Yes, and Lb keeps mentioning this, why haven’t we applied for a mining licence yet? Unless I’m mistaken, if the plan is to build a production facility at plot 18 Gigavaasa, won’t we also be digging up part of Finland?

Or is it a secret plan. The stealth import of Chinese raw materials, passing them off as being produced and processed in Finland, but in reality with zero actual mining. Just an audio recording on in the background, playing the sounds of mining activity.

Sounds like something the 5th Column might do. Lol.

Chute, I don’t know. Some of the news in the RNS was surprising and/or I couldn’t remember it prior. Like the Dominik MOU. I thought, who the f are they?

Perhaps Rasmus hasn’t been forthcoming with too much info but up to Kurt to find out all he can and let shareholders know. That’s why I felt today’s news was ok. Seems to be more happening than I thought. He’s given us new intel, but of course we still don’t know how limited it is. Lol.

Doh!

The Greens gaining a seat?! Aaaaaaaaargh!

Today’s RNS was better, more details, Grafintec is clearly busy, including what is currently occurring, but still no timescales yet for when Hensen will finish examining the samples and none given for anything else. I feel that’s what we need to see. It just drifts along otherwise and we don’t know when anything is likely to be undertaken or completed. Only that we’ll be updated in due course.

I reckon it was an interesting update, but a carrot dangle with no fixed dates for when revenue from any area may be anticipated. It does seem that Hensen will be valuable though and we may see more rapid progress now than we’ve been used to. Grafintec being well established in Finland in the anode space needs to be translated into sp performance for us. That’s what it comes down to, and I’d like to know how and when. Not sure if 2026 (Proactive presentation) was for the production facility at plot 18 to be up and running, but I’m hoping for other revenue streams before then.

So, I am a bit of a duffer, and still none the wiser really re Finland. I suppose with Kallak, we have lived it, but Finland has felt like a side project to me, with limited information.

Today’s RNS sounded promising though, but I want value creation. Now! Lol.

Chute, yes, our decision took nine years because of political chicanery and the Greens being change averse. We’ve done well as a company to have stayed the course, and I’m sure our failure to do so was what some were and still are banking on.

Interesting figures you mention re the slide in standings. Going forward, fortunately we must trust that the Swedes are serious about their green future, and with the Environmental permit being dealt with by the Enviro Court, I’m hoping for an actual timeline for approval once we do submit the application. Not a throw of desk and lie to us for years kind of situation.

Green transition blocked by the Greens. Lol. That’s kind of mental.

Cheers Chute.

Some of us have started howling early.