Member Info for lbjj

Now do you believe what I've been saying about your CEO for the past 5 years?
LTHs have long since been an irrelevance.
Too many shares now to be of any interest to sincere private investors.
This is now the exclusive domain of the smash and grab types.

Eric, you and I know it, but this is what I call a shop window RNS and it will not attract new money with a 14 year tag, sorry.

Another damp squib RNS with no reaction from UK SP and a small drop in Sweden
I do wish Budge could understand that continually quoting the 14 year mine life is a verybad idea.
It says nothing to see here.
And the mine life is shorter than the time it will take to get any mine to production, which is truly woeful.
Loan repayment next month and anticipation of huge dilution at a derisory price.
This is heading nowhere as an investment.

Eric,
I sense your desperation.
All I would say is beware the spread and transaction charges. You could well lose money on your strategy.

It matters not a jot why individuals choose to hold BEM shares, Suzy.
However, I'd hope that any pi holding shares here has written them off in their own mind.
To harbour any realistic prospect of a payday would be crazy.
The March 2021 SP of 22p is never going to be reached again.
Budge will cling on to his gravy train as his CV is now trashed, and with him as CEO, there is literally no direction, momentum or clear decision making to change the situation.

Moreover, Pocko, Budge is not adversely affected by the SP, the fund raising price, or the number of issued shares, is he?
All he requires is cash, in order to continue to pay himself.
I've lost count of the times he has included the phrase " exciting potential " in an RNS.
It will likely appear on his tombstone.

Suzy2,
I am not the slightest bit interested any more in this nonsense, but, from a purely voyeuristic point of view, I am incredulous of anyone still having any belief or confidence in this horrific mess.
Consequently, I may pop up from time to time to stir the pot.....

Suzy2,
2026 is already a slippage from Budge’s initial assertion that there would be a mine in 2025.
For there to be a mine in 2026, ground would need to be prepared now!!!
The environmental permit application won’t even be submitted for another year, and there is a PFS to draft.
And what about rail and other transport links to be agreed, financed and built.Add to that ongoing Sami nonsense, an incompetent, dysfunctional government, and no money bags partner or buyer on the horizon.
How on Earth is 2026 realistic??

The context for this latest donation:
1. £7.5m placing imminent ( at 2.5p )
2. Loan repayment due next month
3. Scoping study results now a month overdue
4. Sami appeal against Kallak concession not settled
This is not the work if a competent CEO.

The shadowy Vardar team certainly saw Budge coming, eh?
He's the gift that gives and gives ( your money ). Mugged again.
Vardar is indistinguishable from a scam.
Why is drilling in Kosovo so expensive?

A particularly skilled vocal ensemble and a very fine performance.
I do generally have a preference for the purity of a boy soprano for this piece, but the young lady does a superb job here.

If Boris puts himself forward, he will win very comfortably. He completed Brexit when May had dithered and his performance during covid was staunch.
He also led the West in support of Ukraine. Admirable.
I couldn't care less about party gate. It was a witch hunt whipped up by MSM. Starmer did the same and was excused.
He still has a mandate from the electorate with an 80 seat majority. He owes it to the country to finish the job.
I would remind people that Winston Churchill led this country to an improbable victory in WW2 whilst drinking heavily.
There are no rivals with the kahunas to rival him.

MSM is main street media. The prime culprits being the BBC with their tick box inclusivity and left wing fear mongering bias with a good helping of anti brexit nonsense thrown in.
Hunt is a pro EU remainer in a cabinet of brexiteers, so reconciliation and accord in this government ain't going to happen.
Truss is economically and financially illiterate. It is obvious to all. She'll be gone by the end of the month, or possibly just ignored while Hunt and a few othe cabinet ministers effectively do all the heavy lifting.
The current crop of MPs, both tory and Labour are career pen pushers.
They can appear superficially competent when the economy is doing OK- they don't really have to do much, other than turn up and fill in the requisite bits of paper.
When a real crisis happens, they are all cruelly exposed as they lack any vision and creativity.
Jobsworths in high office. How have we fallen so far, so fast?

The sheer incompetence, ineptitude and arrogance so evident I the current adversarial cabal in the Commons screams for a major overhaul of either or politics in this country.
A new, right wing party would gain serious traction and fill the void created by the two parties, who are indistinguishable from one another in terms of the aptitude to govern responsibly and creatively.
We also need to see a similar end to the fear and lies spread by MSM. GB news, for me, is the only watchable TV news outlet.

Just watched Truss. She makes Budge's presentations look like Chris Hitchens masterclasses.

"The presentation breaks down the three business areas and the potential each has to continue to add to shareholder value"
Really?
No it doesn't. How does the presentation do that? It just doesn't. Come on Mr Budge, you are not fooling anyone. Least of all the markets.

Unclemad,
Seemingly your wealth and longevity have conferred neither wisdom nor self awareness upon you.
Have you any idea how your incessant repeating of your indifference to considerable wealth must infuriate those investors who are really struggling with their investment in BEM, and who desperately need it to come good.
Show some sensitivity to them and just keep quiet.
Wealth can never buy respect or friendship.
At 84, you should have learned that long ago.

Unclemad,
You are an idiot. Same post over and over again. So you would have kept all your shares despite anticipating them to be ultimately worthless ffs

The real issue is that Budge is not, by any measure, a CEO.
He might be a competent engineering director in a mining operation, but he needs direction, detail, finance expertise, and, above all, credibility and gravitas, all of which are lacking.
Once the Kallak concession had been awarded, he was no longer able to excuse 7.5 years of waiting on the Swedish government. The spotlight turned full on him to produce results.
With nothing to hide behind, his deficiencies are horribly exposed.

Suzy2,
Fantasy.
How, when, with whose money? Who owns the factory? Where is the revenue going to go?
Budge is a mining engineer, and has no expertise is commodity trading and setting up and running a production facility in a high tech environment.
This is utter nonsense.