Member Info for EricDraven

True that. We are the ones bearing the brunt of this licence debacle.

I have been reading the posts, just not really wanting to post overly. Still here though and not moving, but just lost a bit of enthusiasm.

Kurt could press Baylan again now I reckon, and refer to our licence wait entering its eighth year.

Chunner chunner.

Yes Aug, but yet the real fleecing of BEM is being done by the Swedish authorities. He hasn't tackled that problem and put an end to it. Now into our eighth year of waiting.

And so on. Lol.

Atb.

The recent BRR media interview, for anyone who may have missed it:

https://www.brrmedia.co.uk/broadcasts/5e7a63d0b9279c2568ccadf5/beowulf-mining-coinvests-with-vardar-in-gold-target-soil-sampling-programme

I reckon we are all still here. I am. At least my body is. Lol.

Just to say that I hope you will all be safe and well out there while we are under this lockdown.

Best wishes one and all.

Good post Pocko.

Thanks for sharing. Kurt must surely now adopt an immediate strategy of preserving funds. While we are reeling from the Corona problem, any further spending on Vardar this year must be put on hold. Essential care and maintenance only, while Rome burns. Otherwise he'll be raising cash at such low levels that he'll be putting all existing shareholders to the sword. Perhaps then making the investment here irretrievable for some.

An RNS would be welcome.

I hope the OAP kicked you in the trolley.

It srates that we had seven trades on BEM today, but only two are shown in the trade history. Can't see the others for some reason. Anyway, I trust Kurt won't be raising cash at these levels (or lower) to splash on Vardar. With the Corona-fall in sp it is paramount surely that we keep as much money in our coffers as we can and avoid unnecessary fundraises. Let's tick over and keep safe.

Kurt can do more Aug. He can bring us more information on Kallak. I feel he should be hammering Baylan for the specific cause of the delay. With that information gleaned, it would make the next steps easier.

If the Swedes don't want us to have Kallak, they must admit it, then they'd be in trouble, or, give us the concession now.

On the face of it, Kurt could be more ruthless. He is a mining man, but is he a shrewd businessman? Look at the sp.

£3k a week is plenty, for lack of timescale for the delivery of anything. Kallak aside, we don't know the plan for Vardar over a structured period of time. We only know that shareholders are funding it gradually, via significant dilution to our holdings. It's still early stage, but how many stages will the plan for Vardar have?

We could know more Aug.

To be fair to Kurt, he has been up against it with the Swedish Government, but he should be making an example of them. Seven years next month. My particular investment here is in fooking tatters.

It's all relative to our averages as to how we view this perhaps, but this ten year investment is currently a long drag for no reward. 13.5p will be harder to achieve, the more we are diluted and without the concession.

I want Kurt to always be looking to do more. If we are now responsible for also paying Vardar's admin fees, he surely has to look at cutting costs, or existing shareholders will be in trouble. I'd rather he shelved further work and investment in Serbia until we've secured the Kallak concession.

My thoughts on Friday.

Time for a crunchie.

Atb.

Yes,it seems the market makers are simply trying to capitalise on fears of the Coronavirus. Yesterday they took this down over 6.5% on one trade all day only, and it wasn't a very large trade.

Yes, it's always a pleasure to read Mickey's generous posts. Each time it confirms to me just why I invested.

:-)

Good points 3card. I'm trusting that Kurt is beavering away in the background to optimise the value for shareholders re Kallak. Whether he is as frustrated as we are, it is of the utmost importance that any frustrations with the Swedish Government do not impair his determination to secure a deal in keeping with the exceptional quality and quantity of Kal, including potential future increases in size of mineable deposit. I'm trusting, with the Damberg/Baylan failings, he is even more determined than ever to see this through and reject the derisory, in terms of any potential offers coming our way.

Some of us have been here twice as long as he has. Perhaps he can think about that, taking our resolve and the support shown for BEM, to use as an additional driving force in any negotiations.

Only the best will do.

Lol.

Well, we've been waiting for a decision on our application for almost seven years and now we have the Coronavirus thrown in for good measure. Lol. Do we really want a decision with the markets in a state? Albeit BEM has faired well so far. Hardly anyone bothering either way, with sells or buys.

Just our luck though. Any positive decision, if taken shortly, will be given while there is a certain level of turmoil out yonder.

I'm trusting Kurt will work on a package with the Government, post-decision and with some immediacy, to bypass any potential insecurities within the market.

One has to laugh though. Our journey so far seems quite unreal. Try telling our story to normal folk and wait to see if they explode. Lol.

As ever, best of luck to one and all.

While we have a working engine and strong axles we still have a chance.

I'll have a check back to see what Glacial has posted, thanks Sooz.

Yes, you love some of the long-termers, I understand. The campervan is tired Sooz, but the wheels on the bus go round and round. That's all we need. Lol.

Fair point 3card. Yes, I miss talking about work on the ground and proving up the JORC etc. Real progress on Kal. It's been a tricky path dealing with the Swedish political arena, but hopefully matters will come to a head now and we'll see some action with our application.

Best wishes.

Sooz, ooh yep, still mates. I understand the concerns of possible legal action, and appreciate your view on it, but I think Kurt was right to mention that we were contemplating it, and hopefully the mention of the option of it will be enough to stir the Government. If it isn't, then maybe we must take it further Sooz. The question now is, how much further time will Kurt allow to lapse before doing something drastic? Or at least letting the Gov know that our option for waiting is no longer viable.

Let's hope it doesn't come to it, but I'd still like to see some form of justice, post-concession, for the way our applicaton has been mishandled.

It could surely have been mishandled in another way. Howl.

Aft. x

Ka-Pow. I wasn't the only one then.

:-)

Andy, it isn't being taken over by a particular type of person. Most who post have always been here. Good times and bad. Everyone with an interest in BEM is surely still entitled to their say, at this uncertain time, and that's all we are doing. The idea of a discussion forum is precisely that. To discuss performance and where improvements can be made, if they can, or even if they are even necessary. I've been here for nearly a decade and have supported the Company throughout by remaining invested. I was more positive in the past, but the situation with Kallak has long been unacceptable and my dwindling investment dictates that I should be looking at why and how the Company can improve, preserve funds etc. If you don't like to read posts which may now question our current state of play, then use the filter button. If the Swedish Facebook Group is only always all posts of treacle and positivity, information sharing aside, then the whole picture is not being carefully examined. In my opinion.

Would the FB admin censor those who aren't happy right now with BEM then and reject their request to join the Group? Lol.

Come on Andy, fair is fair. Either use the filter button here or cover your eyes. Failing that, you could actually get involved more and discuss what is being said, instead of shying away from it and directing people to do the same by seeking solace elsewhere. That is rubbish behaviour, particularly considering what many shareholders have been through, the support we've given each other and the Company, and on this exact forum.

Rough with the smooth Andy.

Have a decent day.

Best regards.