Just to give you guys a heads up and forget about the june review for a while. I asked Mattias about it and how he saw it doing this situation. His answer
''Unfortunately, the Constitutional Committee has decided to postpone all investigations until after the summer due to the pandemic.
Med vänliga hälsningar,
Mattias''
Ofc the dilution of the stock is important - We have increased the amount by 100% in the in the last 6 years or so, and without any value added
(I don't care what people think of other projects in Sweden, Finland, Kosovo - They haven't added anything but extra costs/extra dilution at this moment)
- BUT what is up with that June review, have I forgot or missed something - It doesn't ring a bell...?
In Denmark we have a TV show where they look into problems in companies or mismanage in government institutions and expose them to the public.
Anyone know if there is such a show in Sweden, because if they can put ministers on the frontline for not giving the mining industry some clear answers on applications and mismanaging their positions, when they have been laying around for years, then it might put some pressure on the process.
maddog38. you claimed Finland would be worth more than Kallak. I would still like to see your calculations on this instead of just throwing things around.
I would still like to see some kind of calculation on your side to claim it is more valuable than Kallak.
I posted my simple calculations for Kallak a while back, so I'm pretty interested in seeing yours on Finland.
https://imgur.com/WXClqMA
Anyone else had the idea of making a complain about the whole process which has been going on from the institutions to the government through the Swedish Ombudsmen?
https://www.jo.se/en/How-to-complain/
It is getting quite tiring....
Geovanni ''I think it is more likely that Kallak will be sold to LKAB allowing Beowulf to focus on Finland and Kosovo. This is why I will be holding on to a good chunk of my shares - for the future corporate action and the resulting very large special dividend payment. The rumour of LKAB sniffing should be very invigorating to the share price. 50p beckons''
- Now that you think it is more likely to be sold than developed by Beowulf themselves, what do you expect as a sales price?
Isn't time that people comes with their predictions for the future instead of discussion the application?
- I guess we are all here because we think/believe in a big yes from the governement, but where are people seeing this marketvalue going?
I' have before posted an image with my calculations regarding Kallak, and only kallak, but I haven't seen any other people make an effort in this. I have now concluded a price after a partnership, please share your thoughts, preditions and calculations to see if any one of us is missing something.
https://i.imgur.com/WXClqMA.png
regards
Finally someone who can see through the smoke - I am for one not very impressed by Mr Budge, keeps dilute old shareholders and no results has been shown yet. Even a ''pressure'' letter took years to send.
- If it wasn't because of Kallak being a big big lottery I would be out due to the administration
Beowulf didn't invest in other project so that they could sell Kallak, ofc the selling of the project is an option, but they bought in to have multiple options to create more value in this company.
About giving himself options - I raised my concerns for Mr Budge and no matter if he is low paid atm compared to other in his position or not they shouldn't have granted themselves any options. At the end of the day we haven't seen any results from the administration and therefor they shouldn't be awarded any ''bonuses''. They knew the risk, just like he investors, by taking some of their salary in options in the start of their hire, unfortunately it didn't pay up in there estimated time frame and now investors are ''paying others gambling debt'' so to speak. But now it is done and hopefully they won't get any new in a long time, unless we see big results, and at least it was granted in the best possible way for investor with out the immediately diluting of current shares.
Anyone have access to the swedish forum Avanza and can ask ''gruvgunnar'' about his targets, calculations for Kallak. I see we have a lot of numbers in common - But he never go for direct targets, which is a shame since he is probably the one with most knowledge about the subject on their forum. If not asked directly, then try post my calculations and see what he thinks. I bet he could either agree fully or tear it apart with great arguments.
Thank you in advance to who like to help out
The user
https://www.avanza.se/placera/forum/inlagg-anvandare.39490.html
My calculations
https://imgur.com/a/ZFifyGW
I don't really get why you guys have a problem with me - I've been in Beowulf since '14-15 and only added - Make no mistake, I believe in this project, but unlike many others I do criticize some of the work done by the community (estimates) and work from the company (e.g. options given) - and yes, I also debate my concerns, when I have some with Kurt Budge.
My sheet is made by myself therefor I am the shooting target for any wrong numbers, information etc you want to debate.
I'm glad someone could use my sheet (Geovanni), but like I said earlier, I don't say I have the holly grail and know exactly what it is worth etc. but it is just up for some people to stay in contact with the ground and maybe make a good debate on why some think this could be valued much higher or even lower for that matter
I'm here to debate, both for an against - But funny you feel this way about me, cause I must say, what I've read from you is not very impressive what you bring or try to bring to this debate. Therefor will I ignore your post forward, just like you said you did with me :) I wish you all the best for your investments
Agree, we all get blinded by the huge potential it has and how much we could earn if just it would reach one of our ''real'' targets. It is unfortunately a ''drug'' and we attend to miss the downside. But luckily you have been one of the smart once and taken profit in time in the past ;)
Lets just hope there is more to come for us all
https://imgur.com/a/ZFifyGW
- Remember to stay realistic to the price and estimates (taking redeye blogs in consideration)
I'm open for minded about my view, so let have a debate if you have another view
Suzy2 - I'm here to debate, I don't say I have the answers or even the right estimates. But it seems easy to sit back and say, you wrong, without saying where, on what or even use own estimates to argument with.
I see Beowulf as a very big player in the future, but if you don't count the risks in for the partners I think you are the one that is wrong.
Please enlighten me if pleased :)