aug592 Dec 2018 01:01
Hi Aug. Good points made by you there. Yes, I feel we have been kept in the dark on Kallak since all final comments were submitted. We only know that we are continuing to wait without a timescale. As per, and although Kurt speaks of waiting until after the dust has settled from the election, before he presses for a decision, this itself is all very unspecific. Press just how exactly, timescale for such pressing before he considers a different approach, or even if he has one in mind etc.
He also may or may not have had offers for Kallak, even JV talks, but we aren't privy to such meat or even any bones. I appreciate that he cannot disclose anything of weight until it is finalised, but I do feel he has spread the Kallak news extremely thinly this year, at possibly the most pivotal time for the Company, and when shareholders are already left flabbergasted by stunning levels of Swedish bureaucracy. So I believe he could have given us more frequent news on the state of play, and because he hasn't, it can also then be seen as a failure to really push the Swedes into action. Nothing new to report, because he hasn't pushed for it.
In fact, he appears to have actually backed off, which has played beautifully into Swedish hands, the election taking precedent for the entire year! We again have nothing to show for our patience, save another year coming to a close without the drill bit turning on our flagship project.
No, I'm not happy. We just don't know what the fook is really going on, and I've struggled with Kurt's approach to the Kal issue and with his latest plan to venture into Kosovo, the latter in terms of timing, location and whether it was even bloody well necessary.
Finally, waiting for a decision without even a likely date for one should not be acceptable, especially when a business is trying to forge ahead, and particularly one having already invested over 77 million SEK, but this same situation has become so old now that it is almost passing itself off as a comfortable norm. We shareholders have been far too happy to talk about Sweden and its political situation, riding the electoral unicorn, lol, rather than concentrating on our investment. This year has been absolutely rubbish and we have all been far too easily hoodwinked. By the Swedes, by Kurt and by ourselves.
In my humble Aug.
Night.