Member Info for EricDraven

Thanks Sooz, kind of you that. I reckon we have definitely got the legs for it, rain or shine. We are joint owners of something outstanding, sounds about right to make sure we have the legs. Been mistreated by the Government too, so even more fuel to our fire. Doubt they'd have played games with our application if it wasn't up to scratch. Ka-Pow!

I suppose we may see a few of us fall out or perhaps become a bit snappish if the uppy downy cranks up, could be a tricky passage towards the decision and then Kurt's plan. Depends how far each of us may want to go, as to anxiety levels and overcoming potentially premature finger presses on the 'Outy' button. I'm waiting for the plan. I look at it like this. I invested to see a mining operation moving a top quality deposit, for various progressive ongoing plans to achieve that. I did not invest to only reach the point where a simple exploitation concession is granted, to then withdraw my investment. To me that would be absolute lunacy. I guess each to their own, but the very reason for investing is the key, and that hasn't changed, so seeing it through, I'll take my slaps and like 'em until my original goal is achieved, or until it can't be, due to Kurt selling us, whether the whole or part thereof. Might as well remain calm about things until the final picture develops.

When the break even point finally arrives Sooz it'll be super, feel all fresh like, as if I'm starting on the journey all over again. Exciting that, but maybe more chance this time of seeing dumpy trucky. At the minute I'd be happy again with spinny drilly lifty spady. Lol.

Sooz, afty aft. It be warm and cosy on 'ere, I expect we'll manage lovely.

Great post Tops. You had an interesting time then when you were a teenager. The Aboriginal peoples have been treated appallingly and I feel it still continues now. I do believe we have to respect the rights of every person equally, and that does not happen. Hence my point re the Sami. They are just fighting for what they believe in, to protect their heritage. But technological progress is made in the world, and the majority of the population benefits from that, so they must also be a consideration. In our case, those in Jokkmokk that are skint and need jobs. But yes, the Government should not be seen to be making a snap decision as soon as the Sami comments are in. That would be improper. Unless the Sami has outlined what it would be willing to compromise on. If anything. What we do know is that Kurt is a champion of inclusivity, and any progress that he has in mind for Kal will respect and encourage the involvement of the Sami.

In my humble.

Lewis, your friend was right, it was a good idea. Nobody could have foreseen how long this would have taken to secure a simple permit. As for valuation, a chunk of Kallak is still JORC unproven, high potential, but what we already have that is mineable is world class, both the size and grade of the deposit, and the quality will demand a premium fee, or should do. I suppose it depends on what occurs following the granting of the concession, whether we will have a partnership to work on production at Kal, or if BEM sells the whole project on, for whatever price. It's impossible I feel, that a valuation can be given, considering more drilling and proving up of different areas of the deposit is yet to come.

It's worth what someone will pay for it, and if your shares are held here on AIM, we now have a tighter market here, illiquid, because the Swedes own over 70% of BEM, traded on their market. We are dual-listed, as I'm sure you know. If we sell here, it seems the shares are being transferred over there. The fewer we have to trade here, the sp may well catapult on stunning news. Either way of course.

Best perhaps to wait and see how you feel re exit point, depending on what your average is. I'm close to mine, but still can't get excited as I have yet to break even.

All the best.

Tops, your dreamtime price is quite broad. Mine is too. Anything from 2p-£3. Loose that though.

:-)

Fair points Lb. The Government must still afford the Sami respect though, following their comments being received, or we'll have the discrimination bell ringing, regardless of how little the Sami folks have wanted to engage with BEM. Conversely, in order for the Government to finally be considerate of what they've over the year put us through, they must also not rush in with any high ball offers to the Sami, unless they are willing to compensate us at the same time. Lol.

Only my view, but with us, they also have to watch it! Hence why I feel a decision, following receipt of the Sami comments, cannot surely be imminent. Planned by a certain date, yes, all parties informed of said date, different matter. That's how it should have been over eight years ago. Lol.

Only my swirling thoughts.

....some real thought, not some real though.

Tops, you may be right, but you can't know for sure. We need to see what actually occurs. The Sami have so far had over 8 and a half years of joy with this, at our expense, so I'm trusting that any monies offered, if any, will be fair, but edging towards the low side!

The Government should really be giving us compensation.

Hi. Not sure if a decision will be imminent right after the Sami comments, because surely those comments will need to be digested and given some real though. Otherwise there will have been no point in inviting the Sami to even give comments, at this stage. I suppose it depends on what the Swedes class as meaning "imminent".

Only my view.

Ooh Granite, what a whopper!

Pmsl.

HI 3card, no, the Government's position on mining has nothing to do with Kurt's performance. He has been exemplary in his approach throughout our period of waiting, consistent, sensitive, respectful and smart, regardless of how the Government of the day has been made up, no matter what policies or agenda, hidden or otherwise, the powers that be may have adopted. Good point about pressure to bring the recent Governmental change, but that has come from the wider. Meanwhile, our boss has been getting on with business for us, the JV secured being another positive achievement while we wait on Sweden to start moving towards the beginning of its potential. Lol.

Regardless of current sp fluctuations I feel it is pretty exciting now anyway, if only because Kurt's careful approach throughout the entirety of this concession saga, well, it surely means we've got the Government cornered. They must deliver. The new Minister seems a different prospect for us than Mr Baylan was, but in case he isn't, Kurt has all the evidence he needs to fight the good fight. In my opinion.

Aug, not sure about the mms, but the last few days have felt 2010/11 familiar. Big uppy/downy. Steady looking sp though on a massive graph running into the £s. Lol.

Hi Aug. Yes, if we can start the engines in Finland, lol, then that JV success would be a boost for us in any negotiations, monetary or otherwise, for the Kal project. Not sure what's occurring on the Kosovo front at present, but an update on activity, or lack thereof, would be apt about now as well. No reason why Kurt can't update us on that, you know, while he waits for Thor to hopefully wield his hammer.

Lights on! Yep.

In my humble also.

Atb.

Good little RNS I feel, although not sure why we didn't get a 50/50 split with the JV. Maybe due to the grant funding, the partner having to put in just that bit more as we go along, not sure. I would have preferred an even split but hey ho. I ain't privy.

I'd go out in style, probably by tripping over Suzy's spade and hurtling down into an ore pit. Alas, one can only dream.

Johnny, what about witnessing production just before we snuff it. "Wow! Then "Glurk!" A moment to savour. Lol.

Yes PAYJJ, if we are waiting for the concession decision and are happy to hold then best to let whatever the current sp happens to be just wash over you. Watch and take note of it, but if we are waiting for the decision then may as well remain relaxed about the sp, up/down/no movement, yeah, whatever. Lol.