Member Info for Pocko

Interesting few days on the Atkie... volatile yesterday, with sells outnumbering buys on the order book. (Yes there is a buyer for every seller... no conspiracies please... it’s called positive and negative sentiment. One drives the other!) 2m sell from Friday... overhang until yesterday. Nice and steady today it would seem. Appears that sentiment is positive...

Time will tell aug59... all investors can do is wait and do our own research.

The JORC classification was secured and revised several years ago, and used to support the exploitation licence application. The company, investors, MI, the SGU and others know that there is many hundreds of million tonnes of ore in KS and KN. The scoping study underpin the application, and support comments from the MI in respect of ongoing exploration being an ongoing process during the working life of a mine. The Kallaks will be mined...

Said with conviction! Here’s hoping... As we are in uncharted waters, I’m not so sure that there would be an appeal at this stage. I think the point of asking for the latest responses is to avoid such an outcome. In effect, all parties have had their opportunity. However, appeals might arise following the environmental and planning applications. That said, as we find ourselves at this strange juncture, environmental issues have already formed part of this process, in part due to the incompetence of CAB, when clearly they shouldn’t have done. Clear as mud?

Likewise... There are numerous possible outcomes, but until the exploitation permit is granted... furthermore, it’s not beyond the realms of possibility that the licence be not granted. Exciting times, and I remain positive based on my research.

It would be interesting to know the definition of 'expanding the product portfolio'. Do LKAB have high concentrate iron ore in their portfolio? Anyway... small steps. The scoping study is imminent, and then as indicated by KB, they will be seeking some form of time-frame from the government. This is the worst part... waiting, but without a deadline!

Good read Mick... looks positive for the Finnish project. It’s still Kallak it bust for me, but it’s good that BEM has other ongoing options. Scoping study for Kallak is imminent, and it will be good to get the drill bits turning again...

It’s a little too simplistic to state that long-term investors will unload shares immediately upon news. And a vital point seems to have been conveniently overlooked. News and the subsequent volatility in the SP will pique the interest of new investors. If an investor is selling, then another investor is buying... Someone’s chatting bubbles...

Very positive input Andy... Thanks for posting.

Excellent post... well worth reading.

Should be dry after 5-years Aug!!!

It’s not as though they haven’t had opportunity to comment since the submission of our application? It’s only been 5-years...

Agree Tintin... It appears to be a question of ‘speak now, or forever hold your peace’. Here’s hoping

As we’ve suspected... a review of comments. Another tight deadline set

5th candle...

The exploitation licence will change everything... absolutely transformational. The company isn’t strictly a one trick pony, and Finland is an exciting opportunity. However, Kallak is the reason most invested. We secure the licence, and the company will progress...

Thanks for sharing...

And how it gets worked from time to time!

Yes Suzy2... and then the Broker acting on behalf of BEM places them with their client(s)

I never take issue with placings as a general rule, even though they are often on advantageous terms for the ‘client’, though it’s great when private investors are included (Though it’s often counterproductive to include private investors due to the cost implications). How else would a junior explorer raise capital? As long as the finance is put to good use. BEM finances currently look healthy thankfully, and whilst capital will need to be raised in the future, with the exploitation licence granted, the company should be better placed to dictate terms...