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Nice one Suzy.Common sense might prevail, you never know.lol.
Thank you both for your input and opinions as always are respected.I understood from Kurt quite some time back that no more money would be thrown at Kallak until the concession for KN had been granted.I understood that after the good news on the concession he was going to drill this summer on KS .I would have thought then he would have an accurate picture as to what the whole of Kallak contains and would be then better placed to value it and negotiate re sale or JV.
I cannot for the life of me see him selling off KN first in the hope that someone elso jumps on board later for KS.I would have thought if someone like LKAB were interested it would be for the whole package for it to be worthwhile and I am sure as a whole unit it would command a better price for BEM.I apologise if I am missing something here but I cannot see that Kurt has anything to report at this point in time.What does Mr.Williams always say -----? lol.
Thanks for the article.It was really interesting and gives great hope for the future of Kallak.The bickering on this board at the moment never ceases to amaze me especially from some people who are not even invested.What on earth is their concern.
Budge is now getting criticised for having no positve or tangible news to offer.Apart from recieving the concession (a big step) what else is on offer at the moment.All this nonsense about selling Kallak or JV - selling what? We don't even know what there is to sell yet.Some approximate figures on Kallk North but nothing about Kallak South and that will not come about until towards the end of the year.That has already been stated by Budge and didn't help the share price either but when Kallak is sold it will be North and South together and the purchaser will also have an idea of what it consists of in terms of quantity.All we know at the moment is the quality. I don't see a substantial rise in the share price until the Autumn so this share holder is sitting very tight.There are sunny days ahead for BEM.
Interesting observation Nick but I cannot honestly see the really big investors running the risk of burning their fingers on the AIM market. Good to see the confidence in the progress being made whoever it is.Got to be a very good investment for someone just getting in. gla.
Congratulations Suzy on your prediction of the 22nd.March.You do have a crystal ball after all.
Although some are disappointed at the relatively small rise given such important news and no market trader is having my shares at these kind of prices.After nine years I am quite happy to sit tight now and enjoy the ride.
I know Kurt has been criticised on here for not meeting up with Thor but what has not been mentioned is how often our Swedish Chairman has.I am sure he is the best contact we could wish for in the circumstances and that BEM knows exactly what is going on.imho.
Suzy.That is one bet I would love you to win.
Good luck.
Good morning Suzy
I do think the guess has to be a YES but have always felt that Kallak is big enough and has received enough publicity (positive and negative) to be used as an electioneering tool. I just have that feeling that when that kicks off we will given the green light so they can say "and this is what we are doing for the economy and job creation etc." I am sure they realise they can milk some mileage out of this which may delay things a little longer. In any event I am still sitting tight.Rightly or wrongly but have been here too long to quit now.Good luck.
This is a vote grabber.Far too early for a decision.Gambier predicted April or May and I make him right.It will have far more effect when the electioneering starts.There is nothing more to research, discuss etc.They have been doing that for the past 7 years.ffs,
Did Thor actually say that or was it media supposition.
Looking at the Aktie, it seems the Swedes have about as much confidence in him as we do.Been there before perhaps with predecessors.Hope I'm wrong.gla
This has always been political and will remain so imho. I make Gambier's comment right "but April; or May wouldn't shock
me". To give a thumbs up now would lose its impact by the time the campaigning starts for the September elections.Far better to leave it until the campaigning gets under way and then give the green light.Far more effective.
Sorry Geovanni but Friday 4th.March already taken.
(see my post 21st.Feb.) lol.
Whatever the reason, it looks as though the share price is falling off the cliff in Sweden.
Surely, digging it up would be more appropiate.lol
Friday March 4th.
There has never been a time when the advice of Mr.Williams has been more relevant than now. The dreaded P word.
Thor has to be seen to be studying all the reports, objections etc. so cannot come back to us too soon as it would apprear frivilous. Give him a couple of weeks, say towards the end of this month at the earliest.The betting ihas to be that he has already made the decision and that is what he promised, a DECISION, not a statement.He knows that a negative decision will be challenged in court and BEM will win the day and that is something the government cannot afford with a forthcoming election and with the damage already done to Sweden's mining reputation. The result will be a YES , it is just a question of waiting a little longer which will be a very small trifle after the nine years to date. ppppppp--------!
Agree PayJJ. I note LSE under the statement that the lovely Greta is protesting say that the government are due to make a decision next month re the green light for BEM. Not sure where that has come from or just their opinion.I guess it makes sense ,then Thor cannot be accused of making a hurried decision.That would never do, would it? A decision of any kind coming out of Sweden would be a result.atb.
Nice one lbjj. You couldn't have put it better
Have been trawling through the Reuters website but cannot find any reference to Kallak in the last 48 hours.Is this old hat being rehashed or have I missed something? Could be smacks of desparation from the anti brigade.
I love your positive posts Gambier.You must be a real bundle of fun.lol.
Give it a couple of months and let's see who's right.
Have a good weekend.