Member Info for EricDraven

SJ, I guess the KS drilling can wait, maybe the priority is lower possibly because we didn’t raise as much money as hoped for, but it seems from the interview there that Kurt is determined to deliver value this year and has appropriate strategy to do so. We shall see, but I like this piece from the presentation tile which states about fully defining the Grafintec business model and production plan. Sounds comprehensive, which is what we’ve been going on about for ages. Shareholders being given a proper, detailed plan of action.

Good stuff tonight, thanks for your help, much appreciated.

Thanks for posting the links SJ. Very handy. Was just looking at the presentation chart for the 2023 goals on the Beowulf Mining website, not the Jokkmokk Iron site. This is copied off one of the presentation tiles:

Q2 2023 – Kick-off Pre-feasibility study. Focus on value drivers.
. Environmental Permitting.
. Build partnerships in the local community.
. Initiate strategic partner discussions.
Targeting a production start in 2026.
. Complete PFS for Finnish anode materials hub by end of H1 2023.
. Optimise Aitolampi Scoping Study in the context of .
downstream configuration.
. Fully define Grafintec business model and production plan.
Developing anode materials production capability.
. Tremendous exploration success last year has created the opportunity to spin-off Vardar. Options being investigated.

Great stuff SJ, not seen that one. I picked up on the interviewer mentioning DFS, but he surely meant BFS I think. Unless he’s getting some furniture delivered. Lol.

Kurt is more relaxed in the interview and smartly presented. Doesn’t look like we’ll be drilling KS though, but have to see. I’m looking forward to how he’s going to “articulate” the business value drivers then, but yes, he did say that the team won’t be just completing all the work then telling us shareholders at the very end. Stages of news will hopefully build a bit of upwards momentum. He did mention this only going in one direction, uppy, so wouldn’t that be nice.

I reckon he’s had decent advice on how to roll out the news.

Only my thoughts.

Good find SJ. Yep, Finland PFS is only lightly mentioned but we know the 2026 production target for Kal also applies to the Grafintec project.

It kind of is exciting. Lol.

What’s ten days between friends. Lol.

Hurtling towards May anyway. Going quickly, things must be happening. Hey, soon be summer and the Sami appeal review/outcome/delay/shift a decision to winter 2026, when they’ll still be chunnering on while the mine is in operation. Lol.

Brill.

Yes, being awarded a new mining concession is almost unheard of. We’ve done extremely well, against the odds really, including dealing with various Governmental changes. Second half of this year should see more news as our progress continues.

Newsflow could be better Hasty, yes, no doubt, including the content being more specific, and we’ve discussed this. The important thing now though, for the most part anyway, is we know the nature of the news to come and have an idea of when it’s due.

And we can only really sit and wait for it.

Lol. He’s having a duvet year, not just a duvet day.

Hasty, yes, it’s frustrating seeing a terrible sp each day, but to be fair though, we did have a Kallak update on 22 February and then the Unaudited Prelim Results RNS of 28 Feb referred back to this last Kal update (along with other info re Finland etc). So really, it’s just shy of two months re the last meaningful operational update, main project.

There is obviously also news to come before long re the start of the Kal PFS, then mid-year the Finland PFS completion, and from Kosovo, hopefully news of listing Vardar separately, although we have no idea when for news there.

We just have to sit tight, in my opinion.

I like that Maddy.

Hi SJ. Yes, should be a fair amount of news to come before too long. Thought we may have an interim update from Finland re PFS, that’s all. Probably not though, as you say, mid-year, once it’s done. Hopefully sparks will fly before long, in a good way. Lol. I’d be happy if Kosovo was spun away, as it’s been too costly for us, on the face of it.

Even a bit of blue is lovely. We may have news soon too, you never know. PFS at Finland should be three months in by now.

I’m liking this calmer bb.

Mornin’ me old bird. Lol.

That would be handy.

Knowing our luck we’d only get one reindeer for the entire operation.

SJ, it should work out well, and it’ll be repeatedly seen and noted that we are trying to be accommodating for all. The potential job creation of around 700 or more jobs is a massive boost for the area. That surely will eventually come more to the forefront.

As Sooz says, we might have to keep taking the tablets to get ourselves through the tricky parts. Lol.

Puppy was a little menace, but in a good way. Played for hours then crashed asleep.

So did the puppy.

Sooz, problem cake. Lol. Nah, lob some sherry in, sounds better than gin for taste. Or you could perhaps do both, a ****tail! Doesn’t matter what rude people think.

Afty. x

Hi SJ. Sorry for the late reply, have been dogsitting a puppy since early eve, just back now. Yes, the hybrid combo should work well for us, to get the ball rolling. Good news re the timescale for the Dannemora mine permit. Hoping ours will be a similar timeframe then, which will do nicely. Much of the enviro groundwork has been done with our bulletproof concession application, so we already have a strong base to start with.

Soon be May already. Not long until 2026. Lol.

SJ, we can handle it.

SJ, yes and the 28 February Unaudited Prelim Results RNS mentions that the Scoping Study included in the design considerations ‘existing’ infrastructure.

“The Scoping Study has included the following design considerations to minimise negative environmental and social impacts:

· Assessment of alternative tailings storage facility locations to reduce surface footprint and potential community health risks.

· Fully electric mining and concentrate transport fleet from start-up of operations, including trolley-assisted charging. This will take advantage of the low-intensity greenhouse gas emissions of the Swedish national grid, dominated by hydroelectric power and wind.

· Optimisation of the pit to balance value from extracted ore with waste rock production, not simply focussed on maximising profitability. This has minimised the surface footprint of the planned waste rock dumps along with post-processed tailings waste.

· Concentrate transport route planned to avoid the Laponia World Heritage site to the north.

· Concentrate transport using battery electric heavy good's vehicles and existing rail infrastructure.

· Abatements around the pit crest to reduce noise, dust and visual impacts.”

So just part of his name was missing. Sorry about all that.

Where it says “Otto Nils” in the first post, it got cut short and should say this:

“…..It's 2023 now and everyone knows that inflation has affected prices. We will make a revision of the calculation because it will be more expensive than 9 billion, says Otto Nilsson, CEO of Inlandsbanan.
How big are the cost increases?
- I do not know. I dare not comment on that. But you only have to go to the store and buy a pack of Bregott and you understand that quite a lot has happened, he says.

Before the Riksdag election last fall, the Moderates promised that the state would lend the nine billion that was then required to equip the Inlandsbanan. A year later, it is dead quiet about the financing of the refurbishment.
In February this year, Otto Nilsson had a meeting with representatives of the Moderates.
- Of course I didn't expect them to say "now it's done, we'll send the money". But they are working on that issue and anchoring it with their partners in the government, that sounded very positive.

Today, it is possible to run freight traffic on the Inlandsbanan on an extremely limited scale. To handle Jokkmokk Iron's heavy ore transports, the railway needs to handle 22.5 tons.
- Between Arvidsjaur and Gällivare we only have a carrying capacity of 20 tons. You may think that 2.5 tons is not much, but it actually makes up 20 percent of what you can load, explains Otto Nilsson.