Member Info for Pocko

Held up or holding up? Past, present or future?

We want the same outcome EricDraven...

Abuse? Hardly...

The SP is pitiful... And any delays will impact further on the SP.

Cash burn? A fast-tracked process means a quicker cash burn - Fact. What occurs in the event if further delays?

Do you honestly think an SP hovering below 2p, or 'holding up' as you phrase it, is something to celebrate?

You've been at the sherry with our resident mother in law.

I wonder if the PFS and environmental permit application are still being 'fast-tracked'?

And I also wonder how cash burn will be affected?

And the obvious impact on the next fundraise?

All becomes even harder to justify in the echo chamber...

How's the SP holding up?

So something that can adversely affect the SP (The irony!) and investor perceptions, can just be carelessly or casually mentioned in an interview and it's not an issue?

Loose lips sink ships...

Passive? I'm being kind EricDraven....

But major infrastructure projects are another means of delay... Passive or otherwise, the net result is the same.

What's the SP?

It's passive obstruction EricDraven...

From the mining inspectorate to CAB... Remember those guys?

The assumption on the part of naive investors 12-years ago, including myself, was that by issuing an exploration licence for Kallak, Sweden PLC wanted Kallak to be exploited. Bear in mind that the Swedish SGU discovered Kallak in the 1950's - It was therefore no secret by the time BEM became involved.

Further assuming as the holder of the exploration licence, and now the exploitation permit, it would be BEM PLC to eventually exploit the resources.

The fact is that regardless of any 'Green Agenda', mining is not an environmentally friendly activity, though steps can be taken to minimise damage to the environment; various interested parties will always fight to further their own cause, whether cultural or environmental.

But never did investors anticipate that the progress to develop Kallak would be hampered by the very authorities that issued the exploration and exploitation licences. The truth is, the bodies that act on behalf of the Swedish Government have done more to hamper progress than any environmental or cultural group.

A further truth is that Sweden PLC can exploit Kallak at its leisure, and will outlast the patience and financial resources of BEM PLC should it choose to do so.

BEM PLC is simply a passive passenger...

But fails to understand that her words have consequences, and that investors currently cling to every word.

A delay? 2026 unlikely? Pains me to say it, but there you go.

About time our mate was straight with the people that pay the bills, namely investors.

The interviews that KB gives are for retail investors... He's not reaching out to industry, or at least I hope he's not. Surely he explores other avenues and contacts that he developed during his time in M&A?

So therefore, his presentational style is not particularly critical. He's not a natural and freely admits that... So for me, it is about the content.

It's not about 'how' he delivers, but rather 'what' he delivers - To date both have been poor.

And it's not a widely held share EricDraven... Probably a couple of hundred UK shareholders. Who are you expecting to post?

I'm certainly interested... Provided it's a little more that Mothers intuition.

Save typing it again ..

"That hot, they (H2 Green Steel) have gone elsewhere, and even they're not operational yet. Could have signed a deal with Beowulf, but they haven't..."

Optimism based on what exactly Aug?

That hot, they (H2 Green Steel) have gone elsewhere, and even they're not operational yet. Could have signed a deal with Beowulf, but they haven't - Perhaps an indication that the industry views Kallak through a lense of scepticism...

H2 Green Steel using iron ore products from South America and Africa... Good stuff.

H2 Green Steel using iron ore products from South America and Africa... Good stuff.

No it isn't, but it represents progress which is sadly lacking across all projects.

He wasn't vague with his payrise though... That was SMART.