Member Info for Pocko

I do hope that the Swedish government refers all future projects to UNESCO, such as the proposed plant at Mertainen, which happens to be the same distance from Laponia as Kallak. Because steel processing is in no way polluting is it?

An ‘indirect’ consequence...

If the letter dated the 17th of December... the original letter will have been vague... wishy washy... ambiguous...

Great place to conduct business...

From being on the world's top ten list, Sweden is now raging in the Fraser Institute's ranking of attractive mining countries, which was released on Tuesday. In 2016, Sweden was in place 8, 2018 in place 21 and now Sweden ends up in place 36.

- The government's cancer in mining issues can be seen in this result, it is nothing but alarming, says Maria Sunér, CEO Svemin, in a press release.

Maria Sunér is concerned about Sweden's new location.

- The internal locks in the government seem monumental. It is nothing but a disaster for a country with high climate ambitions and a world-leading mining sector, a country that could play a key role in the EU's ambitions to increase the important degree of self-sufficiency in raw materials, says Maria Sunér.

The Fraser Institute is a Canadian institute and the provinces and states of Canada, the United States and Australia top the list.

https://www.metallerochgruvor.se/20210223/7571/sverige-stortdyker-pa-global-gruvlista?fbclid=IwAR3hHn-5HEpLoIci8OauUAAF19YcEKCygd7-FM46cT5k0XjCuz6zqlUqz3A

Baylan speaking tomorrow... also the CEO of Boliden who is an outspoken critic of Baylan. I’d love to be a fly on the wall during any private discussions!

https://futuremineandmineral.com/?fbclid=IwAR2eZO7_8tLcuwVjueR_2V46mBiy-weqafr9bmgrEMJ0KM3aJS4SkoLycSs

Damages? The SP alone should be multiples of ££... Loss of tax revenue, direct and indirect taxation, jobs... it’s incalculable. But then as most Politicians collect their salaries unhindered... who cares? Clearly not those that continue to vote for Lofven and his incompetent ilk

Personal insult TFE? Wow... Do you ever offer a thing of value? If you don’t like the company structure, vote at the AGM or sell up. Just sayin’...

Yes... projected to start mining in 2020 at the latest. At the date of the application, it might even have been 2018.

We should be benefiting from this...

https://www.theguardian.com/business/2021/feb/17/mining-boom-commodity-supercycle-copper-nickel-price-investments-clean-energy

I agree wholeheartedly... But let’s be clear where the blame sits. It’s become politicised through no fault of the company. The date I’m working from is the 17th December... bearing in mind that was our last known contact!with the government. So it’s easily over 2-months into what should be a cut and dried decision.

Verbatim: "With Kallak we've been inputting into the UNESCO review so, we made it clear in our letter to the Government in December that we don't believe that the Kallak project is a UNESCO matter, so really with the UNESCO review out of the way, we think we've jumped over the final hurdle, and we remain optimistic that we'll get the concession so we can move forward with Kallak this year"

I think most investors would interpret that sentence to mean that Beowulf Mining PLC' input into the UNESCO review is 'out of the way', as opposed to the UNESCO matter being dealt with.

Hard to see it having a direct bearing on our application... The Swedish love never-ending reviews and generally chatting bubbles.

Because we need an uneducated school drop-out whipping up a storm don’t we?

KB will always be able to raise funds, but it becomes a death spiral for existing shareholders (There are always finance options). It’s do or die this year in my opinion. Yes, the other projects have value, and yes, the institutional investors no doubt see the value in those projects too, and no doubt the value of those projects has yet to be realised in the SP. But for me it’s Kallak or bust, likewise for most other private investors. After a UNESCO, it’s difficult to see Where the Swedish Government can take this without making a decision (Ive no doubt there will be further twists). If it’s not decisive, I see no other option than the legal route. I’ve made more money on a crypto miner than an actual miner ffs!

Probably not treetop... The Swedish national debt is minuscule compared to other western economies. It has a small trade surplus, and a balanced economy, with a AAA credit rating, unlike the UK (AA) for example. It’s also known as ‘living with ones means’. It’s under no pressure to do anything, evidenced by the last 8-years...

Its getting desperate for the company... Yes, we have cash banked, but it’s been earmarked for various projects. When the cash starts to burn, and if the exploitation doesn’t materialise, will further fundraising wash with investors? That scenario is 12-months away, but if the outlook doesn’t change, it will happen. The financial damage to the company and its shareholders is incalculable. We were projected to start mining by 2020.

I’m not sure what’s more offensive... Comparing a mining application to the troubles in Northern Ireland or 52-years of FARC in Columbia. NI probably just edges it... Os our new chairman not an Swedish ex-politician?

And yes, the cancellation of the planned exploration is a good example of that. The Swedes were happily pulling pints in downtown Stockholm, merrily rioting and pillaging as is the norm in Malmo, and yet we weren’t able to explore in a wilderness... Utopia? Socialist Dystopia more like...

It is ‘down to others’, but can no longer be left as such. Those ‘others’ as you describe them, whether friend or foe cannot be trusted or relied upon.

What can the UNESCO ‘experts’ possibly find in our application that our ‘experts’ haven’t included? I appreciate conflict of interest and confirmation bias... but given they (UNESCO) should only have a very narrow environmental interest. How hard can it be?

Outsourced decision-making... What do Swedish politicians do all day?

I agree aug59... KB has been professional throughout this process, particularly as our reputation was in tatters towards the end of CSP’s tenure... He is keeping his powder dry

We have followed established channels Treetop... unfortunately the Government hasn’t. If UNESCO don’t do their job, the law and it’s application might be our only card left to play.