Member Info for lbjj

Good morning, Those two are a bit volatile for me. I have rationalised my portfolio over the past few months and am concentrating more and more on stable shares with a decent dividend yield, as I slip into old age, plus I am back into property after selling my place in Italy 12 months ago. BEM needs to come good for a lot of people here and in Sweden. I have said decision will come 25 October for Geovanni�s predictions league, but, frankly, who knows. It all has a very end of school year feel right now. ATB

is now so dull and long winded, I am even becoming frustrated with the lack of progress with the graphite. Surely the company needs to be applying for an exploitation permit in Finland now?

I am pretty sure that is an old letter.

Guessology - ha ha! The average guess for the SP at the end of 2011 was over �1... Talk about disappointment. I�ve gone completely grey since then. ATB.

October 25th. Mum's 90th birthday.

My cousin has lived and worked in Norway since graduating in the early 80s. He is a director of a polymer coating company and has several clients in Sweden. One of his clients is a BEM investor, and is convinced the government will eventually grant the exploitation license. But, he is also certain that it will not be before the election. �There is too much reverence for politics, heritage and culture� he says, and the current regime does not need to make a decision, as they may well be out of the loop before the end of the year. They need to retain as much support from politically correct potential voters. The climate in Sweden is one which promotes minority voices perhaps more fearfully than enthusiastically, nevertheless, we can all agree they are not given to rash or bold moves. ATB.

To buy a holiday home in Jokkmokk. At least you know they won�t build a mine to spoil your view...

ok, aug. Sorry to disturb your reverie. Yep, everything in the garden is rosy. The concession will arrive by 5pm, and the SP will double every day thereafter. And there is a heaven........ Give me strength.

Good grief. How many times do I have to say this?BEM is blessed to have a CEO of the calibre of kurt. I have never questioned his judgment. If you take the trouble to read my posts, you should know I have praised his faultless performance relentlessly. But it makes no difference to the Swedes how professional he is. We do not have a concession to mine,and Kurt is, first and foremost, a miner. ATB.

12 - 15p. There will be many sitting on paper losses today, who will be delighted and relieved to get out just wiping their feet here and in Sweden. Any real value will only exist once production starts and there are many hurdles to jump before then. Plus, commodity prices are uncertain, to say the least.

I have never made a secret of my position here, as I feel it only fair. I sold up for the second time at the end of June 2017. Over the past 7 years, I have held BEM shares twice, for a combined period of almost 6 years. I have also stated on several occasions that I would only buy in for a third time, once the concession is in place. Even this is now becoming less attractive, as: 1. I don�t expect the government to make any decision in the foreseeable future 2. The opportunity is so badly hobbled by bureaucracy, that any gains, post concession, will be, in my opinion, very modest, and certainly not worth the wait. I try to comment on the basis of evidence, rather than wishful thinking. Of course, individual positions, holding size, paper loss / profit can cloud judgment. But to admit to an obsession with a share is a dangerous policy, IMHO.

Extraordinary

The fact that you have a significant financial investment feeds your wishful thinking, which falls well short of reliable evidence that a decision will be forthcoming... Of course, you are entitled to your opinion, as exciting and fun as it clearly is, but, come Suzy, would you have invested all those years ago, had you known it would turn out this way? Look beyond justifying your own situation and look at the big picture.

Beggars belief that there are investors who still expect an imminent decision. Show me the evidence.

SP. No, it�s been on it�s *rse for months. No need to express gratitude for the continuing kicking you are receiving.

There will be no decision. I have had this view for 9 months, with total conviction, and for well over 2 years, with a nagging instinctive feel. Of course there are all the risks associated with going legal, but waiting gets you nowhere. The government are treating this very responsible and professional company with utter contempt. To grant this latest extension has no justification, and, coming just one day after Kurt's withering comments, is clearly designed to demonstrate that the government will simply do as it pleases. They do not possess any sense of justice or respect for process and law. Kallak will go down as a lost opportunity, lost to politics and political correctness. The irony is that Norbotten will die without economic development, destroying the precious Sami culture in the process. Politicians used to exist to serve. Now they exist to control. Sad.

Is serious about making money on their investment in BEM, it is now time to petition Kurt to play the legal card. Unless this is taken through the courts, the Swedish government will continue forever to publicly disrespect their own laws and a company which has behaved professionally and with the ethics the swedes can never hope to equal. ATB.

What has happened to the Swedish Advisory Board, appointed by the company 2 years ago. A collection of Swedish grandees with impeccable credentials and contacts in the mining and political arenas? I see no tangible benefit from their appointment? Anybody?

There is a distinction to be made between respect for Sami culture and collusion with those who would oppose the mine. Paying respect after 5 years as a �good reason� to make no decision just does not was for me. Sorry.

The fact that Sweden has had hundreds of productive mines for many generations tells me the test of Sami rights has already been settled? No?