Member Info for PAYJJ

2.3 SEK...almost 19p
Be lovely to break 20p here!

Exactly FF23, Kallak can't remain our sole focus forever. Kurt has diversified the company into other areas relating to mining. Further up the chain. It feels like we will have a finger in the pie all the way to production

https://www.goodnewsfinland.com/news-spotlight/finland-looks-to-spark-shift-to-carbon-neutral-mobility/?utm_campaign=eng_spotlight_carbon-neutral-mobility&utm_source=linkedin&utm_medium=organic

Showing 18 here for me. I really think this has got the legs for 20+ before news but that's just wishful thinking. Never thought it would break 16p pre news. Wow.

Feb will be very interesting, looking forward to seeing all final comments...let's see what drivel/lies they come up with

Sorry for late reply Suzy...yes, the Swedes that have listened to the radio interview have mentioned that Thor said nothing about March

Following the Swedes on Facebook, it seems the reporter has drawn his own conclusion and written the wrong thing. Thor says a couple of weeks after final comments which equates Feb 16th ish.

Well that's yet to be seen I suppose...I would be very annoyed and deflated but for now I'm taking his word for it.
Some Swedes on FB has listened to the radio interview and say that Thor mentioned nothing about March.

Are there any Swedes here that could listen to it and confirm yay or nay? TIA

March can be interpreted as March, however forthcoming was always a loose term...I feel this is pretty firm

Yes, it's better to get a firm date rather than "after 'date'"

Ah thanks TSP, yes same here...a decision date is confirmed (after Feb) as being March. Can't see the thinking why anyone would sell now before decision, especially with how Thor feels about mines

Has Thor actually said March or has that come from the interviewer?

Suzy, I read that as quantity not quality, if that helps.

If the project is approved and Kurt doesn't I vest billions getting it up and running, we would be looking at a buy out. In which case I will be selling on the spike

Ditto...sounds like there's a lot of work to do on a yes decision. Let's hope the initial spike is a good one

What do you think about the process taking the time it took?

- It is among the most frustrating with the whole thing, the processing concession is just one step in the process. Then comes the examination of the environmental permit, land allocation and finally the building and land permit. There are still 4-5 years left even after this decision, says Kurt Budge.

- We have invested SEK 80 million and will invest billions if the permits are granted. We want to grow with Jokkmokk for several decades.

From what I have seen in Sweden, it happens that Sami villages enter into agreements with mining companies, so it should not be impossible. I come with a good heart and believe that everyone who lives in Jokkmokk, including the Sami village, will benefit from the stimulus that a mining investment would mean.

How do you view the criticism and concern that heavy metals can leak out and pollute the Lule River?

- It is easy to use that argument if you are against the mine, but there is no scientific support for it. We meet all the requirements in the environmental regulations. In addition, the analysis has shown that there is a very "pure" ore in Kallak.

The appointment of the new Minister of Trade and Industry has provoked some reactions since he talked very well about the mining industry, and stated that he loves mines.

- I have never talked to him but I have noticed that he talks warmly about mines. But I have also noticed this from other parties across the political spectrum who believe that Sweden needs to produce more metals in order to become more self-sufficient and be able to meet the green transition, he says.

The Sami villages Jåhkågasska and Sirges, which use the area where the mine is planned, have always maintained that it is impossible to continue reindeer husbandry side by side with a mine in Kallak. But Kurt Budge says that the mining company still hopes to find a solution.

Minister of Trade and Industry Karl-Petter Thorwaldsson has promised that a notification of a processing concession can come as soon as possible after 2 February. Beowulf Mining's CEO Kurt Budge has longed for something.

- We have waited a long time for this, I am hopeful that we will finally get an answer. But I do not take anything out in advance because I have on several occasions previously thought that the government was ready to make a decision. I have thought that we as a company have done enough before, says Kurt Budge.

https://kuriren.nu/bli-prenumerant/artikel/r08k11kj