Member Info for fulhaminv

A small delay it may be - but I'm similarly concerned this is the beginning of a familiar tale of prevarication. I've halved my holding and will see how this unfolds.

Has anyone found a replacement link to a decent BEM chat forum? Avanza is still down - and I'm keen to know what is driving the now 17% hike in the SP over there.

... and climbing. 13% up now.

All quiet across the North Sea too. Closed at 12p equivalent (down just over 1% on the day). Annoying that the forum has closed temporarily over there. Was my main source of intel.

Thanks rick - yes, nearly 10% up over there at an equivalent 10p. Clearly a more liquid market over on the Aktie.

I'd be happy with a steady day today. Sweden trading up at 9.6p equivalent at the moment, so I'd expect us to continue to track up gently.

ah... you'll be mentioning Stevetheinvestor next...

I've been in here a similarly long time, but not been much of a poster. I rode up and down the 2011 peak, and don't intend to be left stranded again. But of course buying is easier than selling...

Hilarious. Especially as Sweden finished up 40% at an equivalent 12p (1.5 SEK)!

It's back up to 1.5 now anyway

It's 1.37 SEK right now (11p). Intraday high 1.65 SEK (14p)

... which explains why Sweden is up a whopping 52% today, now at 14p equivalent.

Hi treetop. Valuations in both markets should be driven entirely by company fundamentals (or in our instance, expectations about the probability of a positive decision). Virus or interest rate concerns may have a small impact on willingness to invest, but I'd expect that to have a marginal impact market-wide. As greentea wrote, liquidity is the issue ; there is much more liquidity in Sweden, so price movements can be more rapid and spiky than here. The happy conclusion of which is that we will move towards parity over time, particularly when newsflow is more stable.

And now 11p. This really is flying.

Sweden now at 9.3p per share. And that's the last time I'll check all day. Probably.

... now 6%. Given BEM has tended (historically) to leap quickly to 10p+ when sentiment is very buoyant, I can see this surge continuing a little further. But given this is such a sentiment driven share - and valuation on granting of exploration licences will be meteoric - it's an extremely difficult one to call. I'm just hoping to enjoy the ride for a few more days at least.

I agree about the dual listing being unhelpful; I can't see why such a disparity should persist. However, I take it as evidence there's a strong demand for my shares... which can only be good news for the SP. Nobody is getting hold of my shares at the moment!

Retrospect is a fine thing, but I agree with you Xophe. If Kurt had launched legal action, it is likely govt would have boxed itself into an entrenched position. Now I'd hope we are able to capitalise on the patient and constructive approach that Kurst has taken to the application process.

BTW SP is currently at an equivalent of 8.7p in Sweden.

Hi normbeef. Yes - back in 2011 everyone got very excited about BEM. It spiked at over 70p in intraday, but I think it's highest close price was high 60s. Nobody at the time thought Sweden would drag its heels for such a long time over such a high quality and accessible resource. Hopefully there's now light at the end of what has been a very long tunnel.

oops - sorry... I mean 1.2 SEK (10p)

... and Sweden hits 0.152 SEK (12p)