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And in respect of shareholder value, 2023 is already written-off, and it's only January.

So to quote your mate, it's only another 12-months...

EricDraven - The pont being it was barely mentioned in yesterday's RNS. He's obviously aware of the criticism that he's spanking shareholder money on his ex-university friends project, namely Vardar, so slipped it in this pointless interview.

Baring in mind he's just 'invested' £250k. Are you genuinely happy with that?

Note that he slips in Kosovo and the multiple exploration targets. Kosovo was notable by its admission in yesterday's RNS. Standby to spank more money on Vardar.

Budge needs to monetise what we have - It's that simple.

Barely worth watching...

Wasn't aimed at you sj74...the sea of green indicates that the nutjobs are posting - It was for their benefit

From the RNS dated the 24th January, and to counter Anny gibberish posted by those that don't take the time to read them:

"The Kallak North Exploitation Concession provides Jokkmokk Iron with exclusive mining rights in the defined areas for a period of 25 years; however, before operations can start three additional permits are required:

1. Environmental Permit (Swedish: Miljötillstånd) will be applied for following completion of an Environmental Social Impact Assessment ("ESIA") and associated stakeholder engagement process;

2. Land Designation Permit (Swedish: Markanvisning) will be required to define the industrial area associated with the mining operation (such as tailings, waste rock, processing plant) and also involves stakeholder engagement; and

3. Building Permit (Swedish: Byggnadstillstånd) will be required prior to construction."

So beyond the submission, don't expect any movement in 2023.

Assuming BEM achieve a submission of Q4 2023, we are then at the mercy of the Swedish judicial system... Not withstanding the other permits that need to be applied for - It's all there in the RNS's.

But ultimately there is no timeframe for either...

1.26B shares in fact...

A share consolidation solves all of those problems...

Exactly Hasty... With a billion+ shares in issue, a share consolidation would work wonders. Then Budge can rinse and repeat with further fund raises... In 12-months perhaps?

PaulAim, you're forgetting his payrise this year.

Budge used BEM funds to pay a consultancy to undertake a review of the renumeration received by Budge and his fellow directors - They recommended a payrise.

Nice work of you can get it.

As for Suzy, use the filter button as she chats absolute nonsense.

Not sure...

But I am contemplating putting forward two resolutions at the next AGM:

1. Vote of no confidence in KB
2. Removal of Budge as CEO

They won't gain much traction, but it might send a message. He needs to up his game and deliver some value.

Its easy spending other people's money

He could stop spanking money in Kosovo?

Its time full accounts were published for Vardar.

I want to know salaries, and more importantly, how Budge has arrived at a valuation.

This is funding for 12-months...

More 'investment in Vardar
More non essential galavanting to India and Sweden (Zoom?)
More salaries for our 'strenthened team'

Can you honestly spare another 3-years Sj74?

And just like that, wiped out - And nothing you could do about it.

His mates will make money SJ74

Its an utter betrayal...

8-years under Budge which has delivered very little. Not forgetting CSP submitted the exploitation application.

What has Budge delivered?

Yes, or Barclays SJ... But plenty won't...

You'll be able to buy at 2p on the open market fairly soon, so why bother?

Budge might as well have used the Robin hood app...