Member Info for EricDraven

Probably fair to say it's all a bit of a mess Sooz. Good that the transparency issues have been discussed, but we are still without any decision timescale for our case. Contact Big Stef next perhaps, depending on how seriously Baylo takes Sven's recent input.

Best to 'alf expect nothin'. Lol.

If you feel Kurt is playing tough by not throwing the towel in on Kallak then I agree. We have no information to go on as to what he's doing in the background, so must trust he isn't just writing letters, that fairly often do not even receive responses.

LKAB is the natural owner!

Morny morn. X

Sooz. Morning. Just to confirm, do you mean that the Government can interpret the ANI as it wants, or the concession application form? If the latter, then companies applying for a concession have no real chance of knowing if what they are conpleting on the form is correct. Or enough. That doesn't sound right to me. The form has a set criteria which surely must have strict guidelines of interpretation by both applicant and Government. Kurt believes we legally merit this award, so is he wrong? Nobody has been able to state where our application is defective in any way, so if it isn't, we must have fulfilled the criteria and merit the award. The Government can't interpret set criteria how it wants, otherwise the application is a nonsense.

I'm puzzled again, and only my thoughts Sooz.

Sooz, I would be surprised if something happened from Baylo and his colleagues.

A decision is being prepared. Forthcoming. Lol. No, it isn't.

I fully agree with that, and the problem for us may always be the margins within the coalition. Although the PM squeeked into his post last time, he is the figurehead of the country, so my thinking was to write to him and see what he can do. I don't feel we can wait indefinitely for what may be a favourable coalition for us, because the damage for BEM is ongoing. It is difficult, but bypassing the politics surely must be the option now. Waiting for another election to come and go may still not achieve a decision on the concession. If we have no joy from the PM (that's if Baylan doesn't surprise us with good news), then I feel we will have to consider starting legal proceedings. Sooz, on the face of it. Kurt obviously has all the facts, but I'm naturally concerned about future fundraising at a lower sp each time and the cost to long-term shareholders.

Now in our ninth year of waiting confirms that we are in a political game, but we lose a little more of our chance of a decent return with each year that passes without the concession to progress our flagship business.

Only my thoughts, as ever.

I hope that Baylan responds, but based on his previous treatment of BEM, it is obviously a strong doubt. Supposing he doesn't, PM next I reckon. Sven can maybe try that and benefits of a Kal mine aside, the failings in the application process and ongoing damage to our company could be more acutely stressed.

Only a view.

Hi Roller. We are awaiting a reply from Ibra. Baylan, so hard to see that Kurt would have anything other than a general update planned. What Baylan tells us, should he reply to Sven, might bring a sooner update. Now that is wishful thinking.

Thanks for sharing that Sooz. The more the merrier.

Hmmm. Not certain of anything here now, but it should be with BMR Group PLC, the old one, shouldn't it?

None of that sounds good 3card, but you are possibly right about that. Let's have our Kabwe project back then from JLP!

Yeah! So they moved heritage buildings for that one and with our lovely Kal we won't have to move anything and we aren't near the Laponian boundary. Why oh why has our concession still not been approved then, after an eight year wait? Green credentials an' all.

I smell a rotten kipper.

Good point Fireball. We should be able to see a copy of the Royalty Agreement, if only to prove that one does exist.

In my opinion only.

Thanks Sooz. Enjoy your May Monday. x

Well said Aug.

Sooz, really too kind of you. Lol. Kurt saying about LKAB being the natural owner of Kal, it stuck with me at the time, as it did with Aug, so I kind of remembered which video it was.

Afty. x

Ka-Pow!

Hi Andy. Thanks for sharing those.

Sorry, 3 minutes 36 seconds or thereabouts.

Aug, I reckon this is the one. About 3:36 minutes in:

https://youtu.be/Cra5SI33ttE

Good points about how Kurt must be careful with what he divulges. Can't argue with those comments Aug, and not that I want to of course. I'm sure he could update us more regularly though, while remaining cautious about how he presents the RNS. Lol.

Pocko is right, we shareholders are second guessing. Difficult for me to deal with at times, when I crave more facts. A fault of mine.

Atb.