Member Info for Pocko

Old Mother Beowulf - I think I’d like to know your response, given evidence to the contrary that anything positive has occurred with the recent millions raised? And ‘The Boss said’ doesn’t really count…

LTIP - Advised by independent consultants as to what they should reward themselves. Consultants that BEM shareholders paid for. Essentially shafted twice.

And yes 12p, barely above the SP. It’s free money…

Just wait for Q1 2026 if not before. However the next takes place, it will result on further dilution, just like this little theft from shareholders.

Having steered the company through a difficult year, it’s only natural that the board should be rewarded, at the expense of shareholders.

In your world, everyone gets a medal I would imagine? The SP is the only thing that counts.

And if you think that when the real money comes, that private investors Won’t be written out, you are very much mistaken.

I like this bit more…

“The main purpose of the Rights Issue will be to finance the continued development of Kallak North, as well as to progress at pace the preparation of the environmental permit application for Kallak North“

From the 20th January… 2023 - How did that work out?

Ouch… nearly 50% of the net proceeds used to pay the bridging loan.

So the £25m spent since 2015 is out of their control?

Failing to adhere to their own timelines is out of their control?

You are respectfully, a classic case of someone emotionally invested to a share, when all evidence points to abject failure.

Teddy is just looking for a continuation of his payday.

Is that the presentation from 2010 that talks about accelerated development? Or the one from 2011, 2012, 2013…

Fool me once, shame on you. Fool me twice, shame on me.

If the EU stated it, then it must be true.

£25 million, 15-years later, and Teddy and his ilk are still talking about PFS and tinkering with figures.

Id be bankrupt if I ran my business like this. Still, I can’t rely on what is known in the finance world as ‘dumb money’ to bail me out.

He’s already signposted another capital raise in Q1 2026.

I wonder how posters on here will reconcile that?

As for Grafintec… what’s a few more years?

It’s a nonsense.

just to interject, but there is literally an arms race occurring, and a race world wide to secure minerals. the fact that no big player has taken an interest in ****** or grafintec for that matter is quite telling. grafintec has minerals in the ground for which there are no plans to mine. china has already won the battery race - does teddy even read the news?

and please , no names mentioned, spare us all that ‘talks are or have occurred behind the scenes’, because it’s quite clear that they haven’t.

the sp and lack of investor interest speaks volumes.

and no, again no names, there are no institutional investors, but merely financiers that have underwritten part of the capital raise, and they will gradually feed the shares into the market.

budge and bowie should be thoroughly ashamed.

Private investors have already been wiped out. Don’t believe me? Get your calculator out.

The CAPEX for each project will ensure that should any project come to fruition, with Grafintec most likely, Private investors will not get a sniff.

We evidently invest for different reasons? I invest for profit - And you it would appear, for what you think are altruistic reasons.

Which I suspect would put you at odds with the majority on this board.

This will never be mined, that much is clear.

Again, to reiterate, £25m in the last 10-years alone has been spent, the majority of which on salaries.

Smoke and mirrors... People fixated on pipelines when they should be asking the bigger questions about financial oversight.

I've a swedish client who worked for Lkab as an engineer, and it really doesn't matter if anyone believes me or not. We discussed Kallak a few years ago, just before they issued the exploitation licence, and he stated that it would never be mined. I scoffed, thinking what do you know. He was correct.

Lets hope that Leading Edge Metals Corp based in Canada have more financial oversight than BEM, otherwise he will soon take them to the cleaners finacially.

There's always dumb money I suppose?

And we were led to believe that he had become a full time Yogi? Who would have thought it?

Convincing? It’s just words with no substance…

It’s like having Stockholm syndrome, which in this case, is somewhat ironic.

Who’s blamed shareholders?

And I’ve long since sold - And should I see an opportunity to buy back in, I will. But it’s likely post Q1 2026 and that fundraise.

And on that, shares held pre-consolidation are literally worthless.

They are not perplexed at all… we don’t know how they might respond to whatever transport solutions are included in the environmental permit application. The only persons chewing the cud about a pipeline are on this BB.

The only persons perplexed are those that didn’t see this coming. And with no trigger points on the horizon, wait for Q1 2026. I guarantee that this fundraiser will not ne fully subscribed, either in the UK or Sweden.

Because no one wants Vardar - BEM at the behest of Budge were the mug punter.

And as do strategic partners, I’ve stated many times that a mining giant could buy this whole company for what would amount to nothing more than an accounting error. They simply do not want it.

Aug59’s comments never age well do they? I wonder if he’ll disappear for months again? Lmfao