Member Info for EricDraven

Howl. A "How To" video.

He may need it for the next Kabwe-style super asset.

That he can then give away for close to nothing.

Meanwhile, the wages just keep on a rollin'.

Another election is as likely as another Brexit Referendum. Make of that what you will. Lol.

Fook-a-doodle-do!

Why have you posted that? BMR isn't mentioned.

Good point Googs about the price for a potential JV/buyout. It should really be the case, in all fairness, with regards the price, that the Swedes must consider and accept how their treatment of our application has inevitably stunted our current market cap for over five years, due to the hampering of any further progress at Kallak. Earmarked by our former Chairman as production being set for this year, one could argue that the sp at this stage would also have been well over £1. With the concession given in a timely fashion, according to BEM legally meriting such, money could have been raised along the way in the tens of pence on each occasion, rather than at lowly levels. Now we are seeing those levels ever decreasing. So I feel any JV/buyout has to surely take into consideration our quite unique situation. Kurt can't allow the Swedes to get off lightly. Assuming of course that LKAB would be involved on behalf of the State. Then we have the premium nature of the iron, the tonnage already proven up to mineable standard, with Kallak South still a massive future bonus for development. I'd be disappointed if we didn't see £1, because much of our necessary dilution has been as a direct result of Swedish bureaucratic incompetence, and, perhaps, as with the CAB, purposeful intent to block our progress, regardless of the published criteria being met by BEM for the concession award. Our situation lumbers on, and without any real factual evidence presented by anyone as to why an award shouldn't be given. In any negotiations, Kurt must be strong, and I do worry about that, because I personally feel he could have done more to really push the Swedes this year, but in view of our treatment, he has every reason to be strong, so I hope he comes through for us. I also hope he's reading this and it's left him fuming. Lol. Take it to the Swedes Kurt! If LKAB is to have a slice of Kallak via JV, or all of it via a straight purchase, then it merits a premium price, including compensation for the damage inflicted on our Company over the last five years, and counting, by the authorities. All important factors I reckon. Only my view though Googs. Best wishes matey.

He needs a few bob for a shampoo and set, so a few hundred thousand quid should just about cover it.

Good luck to you too.

Pmsl.

:-)

Spot on re the dire sp. Kurt's plan of waiting all year for the Swedes to do something has backfired. He wasn't to know that the PM still wouldn't have been chosen some three months after the election, but that's kind of the point. We should have had the decision long before September. He could have pressed for it, considering we've always ourselves been given a timescale by the authorities for lodging our own docs etc. Still. Glad Bernie has been voted back in. Anyone would think that the majority of Jokkmokkers are pro-mining!

Good news that.

It's Borrelli Vig, not Borelli.

Just a point, if you are in the process of communicating with the little weasel.

Best regards.

Thanks Andy.

Yes.

I wonder if the Speaker will tell him off. Lol.

The Swedish politicians are almost as useless as ours here in Blighty. Meanwhile, there is a country to run. I like Annie. It's a pity that big Stef is so unbending.

.....we see..... x

Hi. Annie may have had her own red tape to wade through ever since then eh? Fingers crossed next week with see some real progress on the PM front, then we can look ahead to getting out of our own static situation. One way or another we must Sooz.

It seems the Swedes themselves have lost sight of it Sooz. Oops.

Good point John. I do feel though that if he left his position at this moment in time, I believe he'd perhaps personally see it as a failure to deliver for shareholders. It wouldn't have been a successful tenure. As you say, he could probably walk into a very decent role elsewhere right now, and perhaps he will in the not too distant future, but better to do so on the back of a recent success story. Let's hope and trust he has either been given certain assurances from the Swedes re the decision for concession, or at least that he has a strategy to implement which will bring the bureaucrats to their knees. Cheers John.

Spot on Sooz. We have the right to complain. As would any other shareholders of a business that has been forced to suspend activity on its main project, because of red tape and purposeful deviation of process. Have a good weekend. x