Member Info for EricDraven

Spot on Klue, in terms of mirroring my own thoughts. Problem has been Alex, and his inept display. The lack of Bozzer having any real ability to raise appropriate, timely funding has seen him saddle us with JLP, and now we have that entity to deal with instead of being able to go it alone, retaining all profits. JLP's reliability is so far unproven, but, as you say, their due diligence was awful, considering what happened with the licence. It isn't a very inspiring start. We will discover before long whether our remaining profits are to stay as is, or if I'll have to visit Alex personally with my pal Chunk. Lol.

I do not have a chat account activated on Interactive.

It was because Stu addressed a post directly to me. I have my broker account with Interactive, so was checking it and that's how I saw his message, on the BMR thread. To reply was correct.

Yes, I have the feeling JLP will want a larger percentage too. The problem is whether Alex caves. He has already given away far too much, far too easily, in return for very little by comparison. Just jam now. Have to see, but it's obvious that no BMR holder will want us to relinquish any more of our profits. You know my feelings about Alex's performance in general, but I'm equally concerned about JLP's tactics. Time will tell. Best of luck to us.

Just seen your post. Cheers for the info the tph.

Great post that Treetop.

Hi matey. I'm sorry to hear that you've had enough and dumped your holding today. I thoroughly understand why and can't blame you for having time out and cashing in for a while. I wish you well, and hope you'll keep posting on the bb. Very best regards.

Then he should be setting out his stall now to take action Aug. In my opinion. The authorities need crucifying. The elections are not until September, a full three and a half months away. Have the Swedes downed tools on everything else while they prepare for it? No! The country would implode! I'm gutted about the fundraise price of 5p, but thank goodness we had some of these other projects to assist with securing the cash. Had we only been a one-trick pony with Kallak, it would have been terrifying. Only my thoughts. I wish you well. You little shining light. Lol.

Hopefully Glencore or someone on the large side, apart from big Col, will buy us out, put us out of our misery. I mean, have you ruled out JLP being hopeless as well as Borrelli? Nothing is guaranteed. In our case at present, I would say that silence is golden as well. Good to have Leon not motor-mouthing it before we can walk. On we charge!

Best of luck to those longies who have added today and welcome to any new investors. I'm actually hoping that all of the new monies raised are with Swedish investors. Adding to their overall percentage. If we ever do get a decision, without having to begin court proceedIngs, lol, then the higher percentage in Sweden should naturally make our market tighter. Today's news has made me bleed from the eyes, so off for a coffee 'til the weeping stops. Catch you all later.

Yes, I feel we are all fed up with the 5p price, as it seemed, in my view, an unreasonable discount to have given, on the face of it. But I trust it's a case of better to be safe than sorry, while the Kallak situation continues to disappoint. Simply put though, those behind the Kallak malaise who want us to fail, will be utterly pi55ed off that we are keeping going, due to what is a very decent amount raised. They'll be much more fed up than we are. Lol. Unfortunately I have no funds with which to lower my average, but I don't feel that's necessarily a bad thing, as it does mean lobbing more money in. Doh! Our main project doesn't look that way at present, but I'm sure Kurt won't spread us too thinly in search of other potential projects though, new ventures, Of course, Kallak is really still our main play, but Kurt is slowly building foundations elsewhere to ensure BEM becomes an immovable object. Smart work. Mixed feelings about the fundraise, the price, compared with the cash call last year, and obviously my 13.5p average, but there are many positives from doing it now. Kurt is keeping our strength up, giving us the chance to build, and sending out that message. Good luck to you.

Ok Far. Thanks for clarifying. Much appreciated. Yes, it is pretty drab at times, but the last RNS perked some of us up a little. Even if for the wrong reasons. Lol.

Hi lb. Yes, good points made. I can't argue with much of that. At this stage, I'd be happy if Kurt did use the AGM in that way. Invite the media and fight our corner. You are right, he does deserve far better than the treatment received from the Swedes. I would say that every future job (should he wish to go) would be like an absolute breeze when compared to this present role. I only disagree with you in that I feel it's doubtful he is actually jeopardising his prospects elsewhere by sticking with BEM, being exceptional for us. His performance will already have been noted by potential employers in the field, precisely because of this Swedish saga. In my humble. I'm sure he could move on to a higher position at any time, if he chose to. But he stays because he's determined to succeed for us. Top notch! As ever, only my thoughts. Thank you for those kind comments too lb. Atb.

Yes, I was very pleased about the AGM being in Sweden. Only fair that, and because it's at the end of June, what kind of questions would Kurt be fielding, should the Government decision not come by then? Interesting indeed. The leverage aspect can't be ruled out, as you say, he'll be effectively speaking to the home crowd, which has the majority holding. What better place than to hand out the "V for Vendetta" masks, and organise the public outing of an ineffective, inefficient Government. Lol. The bet with Sooz, double or quits lb . You know you want to. Best regards.

Interesting, thanks. I would say that I personally don't do "spin", as there certainly isn't an underlying effect that I'm trying to achieve. I only ever attempt to break down what certain elements of the news are really intended to mean. What Göran said sprung out at me and I've reacted to it. As I feel many, if not most shareholders may have. I've simply been vocal about it. Nothing more. Just to clarify. To me, "spin" would imply having an agenda in mind, which I don't have. Cheers Far.

Just seen your posts. The announcement of a potential delay with the final decision, due to the elections, is only a forward step if it further embarrasses the current Government into bringing the matter to a conclusion prior to September. I mean, does the Government want to create jobs and boost its chance of re-election? Yes!? No!? It's another reminder then, with time until the election running out. We shareholders already know there is a delay, some four years beyond the original guideline for this stage of the permitting process, so I'm hoping there is more behind this latest nugget of information, that Göran has decided to impart. Thankfully, as I mentioned in another of my ramblings, Kallak is not now the only project. The sp is down at present, it will be after that RNS, but it should only be another temporary drop before recovery. I'm confident of that, simply because of the Finland progress, which should not, in my view, be taken lightly. I feel any future funds will be raised on the back of the additional promise held there, even if Kallak continues to tread water. It should be a saving grace for us. That said, I don't feel Kurt can justify to shareholders, allowing another three or four months to pass without us having an idea from the Government as to when a decision is likely. I do however feel that the sp will be fairly stable over summer, due to our emerging activities away from Kallak, even if funds are required to be raised before the decision arrives. All in my opinion. Cheers lb.

Fair point. Though the Kallak delay has worked in our favour, if only insofar as the cash burn has been low while we've been doing very little on the ground. That said, our other projects are showing real promise now, and there are no apparent delays with those, so It is inevitable we will need cash sooner rather than later as we continue apace there. A further possible delay on Kallak still need not have been mentioned, in my view, as we are no longer a one-trick pony. Unless it was purposeful, for the reasons I've already mentioned. Göran hasn't said there "will" be a delay, but......... .......zzzzzzzz Best regards.

Aye, then wire it up to the National Grid.

You'll have to prod Borrelli with a pointy stick for an update on that. He's probably too busy focusing (guffaw) his energy on other interests. As per.

Pmsl. Researching poo to throw at robust sharehlders. Waste of time.