Member Info for Pocko

So why post here then? Get a life fella...

So your comparing an industry in decline (Coal mining), to a multi faceted mining start-up and two different generations of the same family?

Thanks for that little pearl.

A rise of a penny perhaps... Simple maths.

Issued at a 25% discount to the market, a significant rise in percentage terms as they (The institutional Investor) slowly sell. And bang in profit. It's how this thing works.

It's not complicated is it?

I guarantee there will be a small and sustained rise after the placement, as the institutional Investor off loads. It happens every time without fail. That might be an opportunity EricDraven?

And I've banged the drum about finance for the last 6-months, so it's no suprise really. I know some posters here think it (BEM) runs on fairy dust, positive energy and fresh air, but that's not the case is it?

And it will be heavily discounted to the current SP

Either way it will be at a considerable discount Hastyretreat...

No brainer participating if you have the funds.

I'm guessing a placement between 0.0275 - 0.03

Any takers?

Exactly hasty... It's already been signposted in the Kosovo update that drilling is planned in 2023 - It won't pay for itself.

The Q4 deadline for the scoping study has not been achieved. I would like to see a timeframe for the environmental permit too, as opposed to a vague deadline of 2023.

At least management has been looked after...

No suprise... Almost verbatim the RNS from the first huge capital raise in 2019/20 and for the very same thing - The development of Kallak.

It's a PR excercise to foster good relations with the Sammi villages. It's not legally binding and ha no bearing on our ongoing activities.

The scoping study commissioned is due to be completed by Q4 2022. It forms an integral part of the environmental permit application which is due to be completed and submitted to the court NY the end of 2023.

It's been talked to death...

Thanks ADF

Granted until the 22nd November?

A good appointment, but still fiddling around the edges...

Further capital raised. I wonder where they'll get their ore?

https://www.miningmetalnews.com/20221021/2643/swedens-h2-green-steel-raises-additional-funds-green-steel-plant

Must be a struggle for the bleeding- heart liberals, but as KB stated in his presentation, all it took was a change of government.

Might get some government in Sweden at long last...

https://www.euronews.com/2022/10/14/sweden-unveils-minority-government-that-will-rely-on-a-far-right-party

Surely we all understand that cash will be raised imminently? KB historically plans these things in advance and raises finance in an orderly fashion.

The loan expires in February 2023. It will either be renegotiated or paid off with the proceeds of a rights issue.

Hence the perfectly reasonable assessment of the guy at the end of the presentation.

The guy that asked the questions was very upbeat in his assessment.

And if you mean..."more potential dilution for existing shareholders", that's hardly a secret is it?

How about expanding on that comment?