Member Info for Pocko

Absolutely Googlebot... the volume is nothing remarkable, and a lot is made about ‘buys and sells’, which is nonsense. It’s sentiment which determines which way a share swings. Buyers will always be found in a sellers market. The price invariably goes down. In a buyers market, it’s the reverse, but the price goes up. In theory! Lol. But as you say, it’s just in anticipation of a diary entry tomorrow...

Sweden looking very positive again... at the highs of last week before the sell-off.

We will only perhaps know or appreciate the true value of the SAB, which is after all only an internal panel of BEM employees, once we have the exploitation licence.

EricDraven... JIMAB is a Swedish subsidiary wholly owned by Beowulf Mining PLC. JIMAB will be issued the exploitation licence. It’s no accident...

I use the filter function... it works wonders!

Approximately 566m shares in issue, of which roughly 60% are held on the Spotlight in Sweden, which equates to 340m shares, leaving 226m shares to trade on the AIM. Either way, it is a very small number of shares on each respective market, even taken as a whole. There are plenty of companies on the AIM that have billions of shares in issue, without our positive prospects. So I agree totally, that when we get the exploitation licence, this could in theory rocket... Theories are of course, all well and good!

Another 6-weeks until my Q1 review... he’d best get a wriggle on.

Cheers Troajan... Graphite at $1200 a tonne, and used in all Lithium batteries. Slightly more interested in Finland, but still years away.

I’m not sure it’s that in all honesty... I just think that market is more volatile...

Possibly... We had some reasonable gains for a few weeks, and then a bit of a sell-off last week. Some decent buys going through, and sentiment looks positive. But as you state, it might be in anticipation of a mention in the diary for Thursday?

Positive over in Sweden +5.41%

£2m in cash reserves as of 31st December 2018. Funds probably will be raised again at some point... but do some research.

Probably right... and they do have lots of smaller trades on Spotlight as you stated. We are still fairly few in number though!

Which is not that many... and a diminishing figure due to the increased overseas ownership of shares. All subjective obviously... Budge has highlighted his work through the media, but an opportunity to put questions to him in an open forum would be good.

I thought so... I know Budge has sought to frame Beowulf as a Swedish company, but it is a British company. JIMAB however is a Swedish subsidiary, and when our licence is granted, it will be issued to JIMAB. Makes a sale easier don’t you think?

The thing is ed44, there aren’t actually that many investors I would have thought, but rather a a few with large holdings. I would imagine that we are very small in number... and if FB is anything to go by, we have investors from Denmark and other far flung places. So an AGM wouldn’t necessarily achieve that in any case. It was more to do with the Q&A section at the end... in order to put some direct questions to KB. I personally don’t have any specific criticisms of the guy, as he has done a good job overall, but I do feel that he has had any easy ride from investors, and I would like to know more about the decision making process behind Kosovo for example...

I hope he is, but we simply don’t know. I just feel that some of his recent decisions, such Kosovo and Finland haven’t been subject to any degree of scrutiny by investors. And as an investor, I want to be a little more proactive...

I know it’s been in London in previous years, but it makes no mention of the location in the last AGM RNS. I think KB has had an easy ride from investors to date, and if it is in London, I intend to go. I appreciate that investors have adopted a ‘wait and see’ policy since the inception of the new government. But sooner or later, he will have to change his approach, if the licence is not forthcoming. He has previously answered an email from me, though he doesn’t give anything away as you would expect. But I am now at the point, as I suspect are others, of wanting some form of action plan. It’s our duty as investors to put Budge under scrutiny in my opinion, and as the person paid to deliver, this scrutiny on our part has been lacking...

It’s some time off yet, but is anyone planning on going to the AGM in June?

It will be opencast mining... considerably cheaper start-up costs.