Member Info for Pocko

Oh dear... Silly girl. Why not challenge the company and the decision making of its employees, as opposed to other investors.

I bought as an existing investor, therefore putting my money where my mouth is.

And no, there isn't a compelling reason for people to buy this share... namely, INVESTORS NOT ALREADY INVESTED IN THE COMPANY. There's an obvious need to spell things out to you, with you being so blinded by your emotional tie to this company, that you can't see the woods for the trees.

Chatting utter bubbles as usual.

It's not news per se though, is it? It's not BEM specific and regurgitates what investors already know.

It doesn't in anyway alter the existing timelines. There's no EU wide response, and as always, it falls to the decision making processes of individual member states. .

I was surprised at the content to say the least.

Top stuff, but management need to present a compelling case to invest in BEM in the present. Private investors at least, only look short-term.

Can't help but be slightly cynical, that said the improved media presence has been well received on my part at least.

Didn't Budge have form for releasing 'news' prior to a fundraise? Apples not falling far from trees etc.

Just asking...

What does the financial picture look like, has the stock fallen significantly?

- Yes, but how much have shares in other companies in the industry gone down? It is not talked about. The stock market is difficult, everything can change from one day to the next.

It is not talked about. The stock market is difficult, everything can change from one day to the next.

How do you view a possible transport solution?

- Here, as I said earlier, we are looking at new technology solutions but also, as before, at the Inlandsbanan. We have a meeting with their board next week, they are still very interested. But in all this we are also talking about ports. Narvik runs an empty road, it is not sustainable.

What happens if the court gives the Sami villages justice?

- I will not comment on that. That wouldn't be right. We simply have to wait for the result.

Test drilling and measurement of groundwater as well as geological surveys have been completed and are continuing. An archaeological survey has also been carried out in the area. Here the company is waiting for results. However, the summary of the environmental impact statement has been postponed until the latter part of next year.

- The timetable that was laid out was not realistic, it was obvious early on.

Are you optimistic?

- Yes absolutely, with all due respect to everyone involved.

Interview with Röstin... Courtesy of a poster on FB.

https://kuriren.nu/nyheter/jokkmokk/artikel/ny-pa-posten-tror-pa-kallak-ska-ha-en-tydlig-hallbarhetsprofil/r4v8mn9r?fbclid=IwAR0JNIe_ESXwdWuNwnDjZnlNsKB_E77DN92bgNTFSb4YxbZIJdufu7CzhYU

Johan Röstin has a clear vision of the future for the development of the mining project in Kallak. Despite court proceedings and an empty CEO seat at Jokkmokk Iron mines. "We must achieve total, measurable, sustainability," he says.

Jokkmokk 24 October 2023 19:30

Johan Röstin took office as the new chairman of the board for Beowulf Mining in November 2022. He succeeded Sven-Otto Littorin, who held the position for two years. Johan Röstin has broad experience in infrastructure, logistics, capital investments and permit processes and has, among other things, been CEO of the ferry operator Forsea and of Copenhagen Malmö Port AB.

Why the mining sector?

- I have always liked basic industry and industries and worked on such projects. I have no direct experience with mines, but that excellence is found in the board, not least in Ed Bowie (who succeeded Curt Budge in Beowulf's board, editor's note), notes Johan Röstin, who we meet in the brand new office premises after Porjusvägen in central Jokkmokk. Here it has been built for almost a whole year.

- It's nice that the office is finally finished. It is important for us to strengthen the local presence. We want everyone to be able to come in if they have questions or anything else related to our operations in Kallak. Being close to the residents of the municipality is essential for us in our continued path forward. We must be a modern company with a clear sustainability profile.

Former CEO of Jokkmokk Iron, Ulla Sandborg, hastily chose to leave some time ago and with her also disappeared that number of consultants. No new CEO has been appointed, instead Johan Röstin will step in as operational chairman of the board. The company is looking for a project manager for Kallak, a person with roots in the north. It is pronounced.

- Ulla chose to leave, the consultants as well, which caused us to lose some momentum. But I enjoy this role and now we move on. As I said, the competence of mining operations is with us. In addition, we can use the very latest technology, and here the development is fast. These days I have been in contact with a company that is interesting with a technology solution that turns previous concepts upside down. Outside all the boxes.

How do you see the future?

- We must do everything to work sustainably and in collaboration with the local business community and, not least, with the Sami. It is our only way forward, to solve a sustainable mining operation with the least possible environmental impact. We have 2.7 million tonnes to sell. It can be counted on. Another advantage.

What does the financial picture look like, has the stock fallen significantly?

- Yes, but how much have sha

Still waiting johnthegolf... Of the handful of posters on here, who are the dark forces driving the SP down?

Or maybe, of those few posters, a couple actually post factual stuff? And maybe, just maybe, questionable decisions made by managemen past and present are responsible for the dire SP?

Just a thought.l

Who are these devils? Pray tell...

A poster on discord has contacted the office at the Supreme Court and received a reply. Words to the effect... 'we are actively working on it (presumably the case), and it is not waiting.'

Trading halted in Sweden...

The cash burn continues with an SP further wrecked by Röstin and his clumsily worded RNS back in May.

Who pays?

Up 11% in Sweden... Why would anyone pile in now, given the timelines. Defies logic, but there you go. Anything that gets this moving is welcome.

Absolutely the court ruling...

And given that the environmental work has continued, it begs the question why Röstin decided to further destro the SP by implying a complete stop to works?

And as for the broker rating? That's been in place on Yahoo finance amongst other places for several years... 17.99p.

And then we had Rasmus on LinkedIn yesterday, declaring that he doesn't believe that the Finnish government is taking the battery supply chain seriously.

Nothing has changed.

Struggling to see anything new and of substance, apart from confirmation that the timelines have been pushed back. Regurgitation...

Nothings happening sj74… That's the problem.

Of course, it's nothing lashings of hope, belief and jolly good positivity wouldn't cure. Is it?

I'm sure Teddy will get paid at the end of the month. Funny how his renumeration hasn't been published yet.

I think someone had a sherry based evening melt-down...

Yes EricDraven, a greater upside, which unfortunately for the individual, potentially becomes an ever diminishing return for some of the reasons I've outlined.

Some can't even see, or more to the point, don't want to see, that delaying the environmental permit application as we appear to have done, puts back the ambitious target of mining by 2026.

Many here invested in a company that had a clear plan to mine by 2018...

I've got plenty at risk, but call it as it is - Not as you want or hope it to be.