Member Info for lbjj

Can’t say no, won’t say yes.
Tomorrow will see no change to that position.
The law, which clearly would come down on the side of BEM must be kep at arm’s length, so the cowardly swedes can avoid what they fear most - conflict which jeopardises their cushy, superannuated sinecures.

will be fully aware of the rights issue deadline and wants the company to fail, so what do you think he will do between now and then?

has, as usual, thrown up a fascinating case study in human behaviour.
Despite literally dozens of previous identical pinchpoints when investors got ridiculously excited only to have hopes dashed, you have learned nothing.
You continue to be blinded by the previous 70p high.
The Aktie manipulation is over once again. They have made their money on the back of investor greed / gullibility and the SP has predictably subsided.
There is no evidence to suggest the swedes will start to behave any differently now, any more than on any of the previous frissons. The KU quite rightly slammed the government’s handling of the application, but there is no real pressure on Baylan to make a decision.
UNESCO also present Baylan yet another golden opportunity for obfuscation and delay.
Crazy talk of 4 and 5 baggers makes me wince with embarrassment. It’s just Groundhog Day.
Budge’s recent presentations tell me he is already winding down the prominence of Kallak in the company’s portfolio as he has seen enough at close quarters of the swedes cowardice.
Finally, a personal note to Mr Draven. I understand your devotion to this share and your current average being an issue. Please be careful, Eric. Do not put any money in now which you can’t afford to lose.
Once the shares have been allocated next month, without any decision on Kallak, the SP could be, once again, below 2p.

More Manipulation by the owners of the Aktie.
Happened so many times and the Swedish pis fall for it every time.
The concession is everything. Be very careful and beware the flash crash.

Good afternoon,
The ball is with Budge after the KU’s thorough reiteration of the details of which we are all too painfully aware.
If I believed this would change Budge’s supine attitude to this paralysis, I might feel more encouraged. I believe he will do no more than hope the KU’s report will be enough.
The government will, in my opinion, continue to behave as they always have. Baylan should have no trouble in spinning this out to the nest election, which is his only timetable.
The only glimmer of hope I would have currently is that the new chairman is capable of fortifying Budge for a legal battle which I have long believed is the only option available to a CEO who is serious about building a mine at Kallak, and not simply content for continuous fundraising to pay his own salary.

Kurt’s plans??
In relation to Kallak, I have no idea what his plans are? Do you?
You should, particularly as you appear keen to take up the 3 for 8 offer!

Oh Suzy. You have already “seen” so so many times.
Taking up the desperate 3 for 8 offer is akin to tur’eys voting for Christmas.
I can fully understand long termers wanting to support a company in which they have been financially ( and too emotionally ) invested for so long.
But it boils down to the support of a serially and continuously failing corporate endeavour.
And the new chairman concludes the current situation is positive???

Whilst the report catalogues a chronology of wilful damage to the prospects of the company’s application ( now over 91 months ) it will not even raise an eyebrow in Baylan’s office, no more than the numerous letters and requests for meetings from BEM.
They will continue to pretend to engage and the KU involvement is the latest faux attempt.
No doubt Suzy will continue to be excited though, even though her repeated statement that the KU report would be a game changer.
It will not.
UNESCO May designate the file in which the Kallak application resides as a site of historical importance ha ha.

Has said all this before, as did Damberg and Baylan. On Lofven’s watch, a review of the mining application process took place which ended in September 2019. No conclusions were published and, in practice, nothing changed.
The swedes are great at stating intent, but utter rubbish at actioning improvements.
For the new CEO to say this is positive is just wrong. It ‘sounds’ positive, that is all.

The point I am making is that, should the SP be 2p on offer deadline day, then you would not be taking up the offer at all?

The KU statement is already out. It is as insipid and bland as I predicted without any sanction or call to action on the government.

Your statement is ridiculous.
If the SP is 2p in 3 weeks time, how does a decision to take up the offer before you need to stack up then?

The offer is open to existing investors.
Budge’s recent presentations are aimed at new investors. They are not forthcoming.

can spin Kosovo and Finland all day every day, but the fact remains Beowulf is Kallak.
Another set of encouraging info in this morning’s RNS re Kosovo and 2 hours into trading and there has been one trade and that was a sell.
I’m not saying he shouldn’t be taking his presentation out on the road, but he must realise the Kallak concession is what he’s there for. The rest is just noise. And a very distant noise at that.
Whatever the KU have to say today, Budge has to resting immediately. I would hope he has responses ready to go as he shou”d have a pretty good idea of what they will announce.

I’m not back in again Suzy. You know my position well. Only if and when the concession for Kallak is in the bag will I invest again.
I am also surprised investors are committing to the shabby bribe of the 3 for 8 deal before the deadline. Anything might happen in the next 3 weeks, starting tomorrow. Why not just wait. Whatever entitlement has been communicated to investors has their name on it until the deadline?

Tomorrow the KU should conclude that the government’s handling of the Kallak application has not followed due process, and they have refused to engage with the company and it’s submission of not only the application ( watertight in itself ) but also several additional and voluntary pieces of work not required at this stage of the permitting process, but submitted anyway , in good faith, in order to break the log jam.
It should instruct the government to reach and communicate a decision immediately.
It should also recommend significant compensation to the company for financial damage suffered as a direct consequence of unjustifiable delay.
Moreover, it should conclude that any referral to UNESCO at this stage could only be viewed as further avoidance of the government doing it’s duty, as working mines already exist closer to the Laponia boundary.
That is what should happen, and this is already years overdue.
What, in my opinion, is more likely is that the KU will refuse to apportion blame for the lack of a decision, and encourage the government to inject a degree of urgency into their deliberations over Kallak or similar meaningless and overly polite nonsense.
The KU are as aware as everyone of the insidious influence of all things ‘green’ in Sweden and will fall well short of bringing Baylan, Damberg & co to book.

It's the same one Budge has been trotting out for a while pretending it's not all about Kallak.

I am puzzled by posts stating people have heard nothing?
Your entitlement will have already been calculated by the company with whom your BEM shares are registered. If you have not been contacted by them, log onto your account and the info will be there, maybe in unread messages or trading info depending who you are with.

heading south and with 3 weeks to go before shareholders deadline on participating in this issue, this could fall very flat indeed.
In my opinion, the uptake will depend very largely on the swedes.

There is no such word as deadline in the Swedish language.