Member Info for Pocko

Me neither...

Grafintec is undertaking a JV with a company based in the Ukraine; And Kosovo is literally a tinder box at the moment, with millions invested in nothing more than a few exploration licences.

I don't see communication improving, albeit with a listing on AIM, they are obliged to put the RNS out in English.

The SP is events driven, and quite the contrary to popular belief, there simply aren't any major news events on the horizon.

Little is likely to occur without a CEO, and they don't grow on trees. Budge has simply walked away, and investors are unlikely to ever know why, which for the sake of the company and wider investor relations, it's probably a good thing.

There is no positive spin at this juncture.

It's normally the 3rd week in June... But nothings out yet.

Ignorance is no defence...

A Yogi? Nice work if you can get it.

Judging by the uninterrupted run of 25 filtered posts on my feed earlier, I would suggest that all is well in the echo chamber.

Https://www.di.se/live/beowulf-mining-backar-fran-siffra-om-storlek-pa-jarnmineralisering/

Not a good look in the business press is it?

It's already got negative press in the Swedish media...

Why rickmeister?

Failure has been rewarded to date - With both the board and those involved with Vardar reaping the rewards of ongoing financial support from investors.

This can continue in perpetuity.

It's not a good look though, is it sj74?

Can't get the basics right.

What else is to come I wonder?

But I'm sure that people are working really really hard behind the scenes... Making things happen, cutting deals. Just like between 2014 and 2022 - When it transpires nothing was actually happening apart from making frivolous investments in Kosovo, meeting consultants to discuss renumeration and conducting numerous value destructive rights issues.

Tut tut Troajan... Stand corrected. Lmfao... I can't see it, but I can imagine.

The fact is the drilling in Vardar is to be financed, and the 'accelerated' PFS for and environmental permit apllication Kallak will need to be paid for; And the JV in Finland with that company in the Ukraine of all places - These things cost money. An assumption of course, as the silence from the company is deafening. So we don't actually know do we?

What genuine value drivers are on the horizon? None that I can see.

The SP stands at sub 2p.

How long do you think that cash will last Trojan?

I don't have time to go through the RNS, for the actual figure, but it raised approximately £6.25m Gross - For the ill-informed that's before costs such as repayment of the loan and fees to financiers - So BEM did not receive £6.25m Net.

6-months in and being charitable, I'll use the phrase ' no discernible progress' to date.

Any future fundraise, and there will be one, will almost certainly be around the 1p mark based on the current SP and historical discount to the market - So things need to improve considerably.

If JIMAB were actually mining, then current geopolitics would be hugely significant - But they are not. Commodity reliance on Africa is largely cost driven, and if processors such as H2 Green Steel can secure cheap ore from Africa or dare I say Russia in 5-years time, then they will, regardless of a green agenda. Money talks.

And the railway and electricity supply for these projects? All talk, which has been the case for years.

And greentea... You don't see any irony in your post, do you?

And given the fact that the management is for the time being at least, exclusively Swedish, communication is not likely to improve.

And why on earth would any miner buy what is essentially a distressed asset, for anything above its current market value?

Aug59... You are confusing the quality of the unprocessed ore in the ground, with the ability of the management to extract both the ore and fair value for investors.

They have to date failed on both counts, yet all the while rewarding themselves for failure.

The SP reflects that reality, not the picture you paint.

Yes aug59... The new CEO will need to fill their boots with some nice options first, and maybe a payrise too?

Budge is dining out on our dollar... Nice work.

Utterly blind optimism, with no basis in reality.

I can certainly see how the inane drivel that gets posted would put potential investors off Hastyretreat...

On one hand fretting over paper certificates (wtf in this day and age?), Then extolling the virtues of the company to her son on law, only to then disclose it had sold some, leaving poor old ED holding the baby; then banging on about the summer solstice. Hilarious guff...

Hardly smacks of an expert, does it?

Good stuff aug59...

I'd be more interested in why Budge left on the very day he announced that he would be attending?

I repeat, it's Ulla Sandbough' job to attend these things.

The SP was still sub 2p the last time I looked. I guess the market agrees with me.

Aug59, your conspiratorial posts are hilarious.

Kallak is no secret, and never has been.

As for Ulla attending? It's surely part of her job?

As for clandestine meetings at a mining conference? Is that really how one does business? A chance encounter with a person responsible for M&A... Pull the other one.

And in respect of a buyer? Our current market cap is so low, that the whole business, not just Kallak, could be bought for a song.

Absolutely Hasty...

How's the echo chamber?

Judging by the number of filtered posts on my screen, all is well I'd imagine.

Well into May, no permanent CEO, no communication from the company, and the SP is sub 2p.

I suppose JR needs at least a year to settle in... Then we can start calling him 'The Boss'. Lmfao...

I'm good thanks...

It's you thats never sold a share. It's also you that never seeks to question... Shouting down those that do, aided of course by your Norwegian pet Anders.

Just messing with you Eric... It's so easy.