Member Info for EricDraven

Sooz, not sure if Big Stef has to approve the granting of a concession, but I know that I want Baylan to stand up and be counted over our debacle. He has given Kurt the cold shoulder at every turn, it seems. He certainly hasn't made an effort to liaise, unless pressed to do so. Is my view.

Anyway, not sure what you mean by "aatbtyt". It isn't Cornish, tis all I know. Lol.

Clues please. xx

Great point you make Sooz. I really do hope then that the June debate happens after we've been given the decision. Obviously if the topic of the debate is already known, the Government's handling of our application is currently a flagged issue. An issue now. A dirty little issue. Lol.

Good. But will Baylan be feeling the heat and do something for us in Q1, or will he simply continue in his usual manner, which apparently is to do nothing whatsoever except talk.

Talk to everyone except Kurt that is. Lol.

Evie. x

Thanks Sooz. We can't wait for that though. Kurt will have to stop the Swedes from further deliberation on our application, which has already come at a terrific cost to both our business progressing and to the market cap. The seventh candle is on 25 April, as in, it'll be seven years since our full application was first submitted.

Taken from our Operational Update RNS of 8 May 2013:

"Operational Update

Application for Exploitation Concession

Further to the Company's announcement of 3 April 2013, its wholly owned subsidiary, Jokkmokk Iron Mines AB ("JIMAB"), duly submitted its comprehensive application for an exploitation concession for the Kallak North deposit, located within the Kallak nr1 permit area, to the Swedish Mining Inspectorate on 25 April 2013.

In accordance with Swedish mineral legislation and regulations, a concession shall normally be granted if: (i) a mineral deposit has been found which can probably be exploited economically; and (ii) if the location and nature of the deposit does not make it inappropriate that the applicant is granted the concession requested. In addition to the results of all drilling and metallurgical test works, the application included reports on the exploration work performed, brief plans in respect of a potential future mining operation and a detailed Environmental Impact Assessment (EIA). The assessment process by the appropriate Swedish authorities is currently expected to take four to nine months. The successful receipt of an Exploitation Concession in due course would grant JIMAB the right to carry out mineral exploitation for a 25 year period."

Four to nine months. Lol.

Haven't the Swedes had enough time now then?

Aye. With bloody bells on.

x

Fair comment Pocko. 7th candle not far away. Bit of leeway yet for Baylan though. Lol.

Pocko, ya beauty. I suppose it's a case of staying with it to either reap the eventual rewards, or destroy our minds completely. Lol.

:-)

....but in....

I agree. In our eyes he is useless, but it some circles he'll be a champion.

Good point Sooz. With other companies also up in arms about their own application delays, it's surely more difficult, if not impossible, for anyone to conclude that all is well within Baylo's walls, lol, and that applications are in fact being dealt with in a duly efficient manner.

Nothing sounds like it to me. Lol.

Nighty. x

Hi Aug. Interesting points.

Baylan, I would say, can't prove that the applicaton is being prioritised though Aug. Priority supposedly given almost nine months ago now, but we must note that the application was sat on (again) by the Government for a year or more before that. Seven years in April we'll have waited, and are still having to deal with a Minister who is most reluctant to communicate with our Company. With any form of usual priority, reasonable priority as we know it, the applicant surely would be given at least a rough idea of when a decision on its case would be likely. Otherwise, how can anyone say that something is being given priority, if all that means is a decision will come whenever. It is appropriate that a process is transparent, so that the applicant can see where the case is being held up, and, moreover, if there is a real reason for that, other than one of extreme lethargy. Lol.

Priority given, then waiting yet another nine months, is nothing of the sort. We also have the acknowledgment, before priority was supposedly given, that BEM had already waited an excessive amount of time for a decision on its application.

Then we have the CAB's mischief. Lol.

There is more than one point to be made by BEM, if this needs to be taken via any court.

Baylan hasn't got a leg to stand on, so the notion that the Swedish Government can point to this or that. all in the name of still prioritising, is surely incorrect.

In my opinion only Aug.

Happy New Year, ya beauty!

Wishing you all well. Hope that you have enjoyed the holiday break so far. Here's to a better year for us BEMers. If no decision comes in Q1, I feel compensation must then be 'forthcoming'. Lol.

I'd actually be pleased with a spot of justice now, regardless of any potential yet temporary setback to the sp. I don't believe waiting into our seventh year for a licence is appropriate in any business sense, if we have legally satisfied all set criteria for a concession award.

The Swedish Government is ultimately accountable for our woes, no two ways about it, so let's make sure that it is made to shoulder the consequences of its own inertia.

Wishing you all a healthy and happy New Year.

Besty best. xx

Merry Chrome to you too. Hope you had a good one.

Thanks for your reply. Borrelli should be held to account for BMR's acute nosedive in fortunes, if not quite yet total ruin. He's the one who has actioned awful deals on terrible terms for our shareholders, and, moreover, it seems he feels as if he's done a great job. I find that the most incredible thing of all.

A great job just for whom then exactly, I wonder.

Another outstanding day in BEM. Lol.

Nighty, x

I shall wish you a short yet sweet goodnight then. x

I am pleased that Kurt has written to Baylan again and kept pushing our case. If nothing now occurs within the next couple of months by way of further news on Kallak for us from the Government, and specific, detailed news, not just more general nonsense in an attempt to extend again the undefined timescale, lol, and of course really fobbing us off, then Baylan can have no complaints if Kurt does decide to pursue, let's say, other options.

A good RNS today then, in my view. Well done Kurt.

Cheers Oaktree. Kurt must find a way to break the Swedish Government's inertia. If he can't do that within the next few months, and we continue to have the fob off, then the sp will quickly look even more dire. The Swedish Government cannot just state that Kallak is a complicated matter, as our application has twice now been on its table, for a combined time of several years, and it's six years and eight months all told, including also MI and CAB perusal times.

Nobody, and I mean nobody, can say that there hasn't been enough time in which to bring a decision on our application.

My feeling is that Kurt has to formally request the specifics as to the continued delay, because general replies are not appropriate. It's far too easy for the Government to remain unaccountable if the details are missing.

In my opinion only.

Best regards.

Aah, memories.

Has Borrelli done anything for us this year, apart from what appears to be nothing?

Not sure why we are we still waiting on JLP now for further news on the royalty. We need to know what the delay is due to.

Blimey.

We shall see then. It would make sense to give a decision before Christmas break. As has been the case each year. Lol.

What are those?

Another year of Swedish Governmental nonsense, with no defensible reason for not yet awarding us the concession.

I want Kurt to push for a decision in Q1, because it looks as if we've had it for this year.

My support is wavering.