Member Info for Pocko

True, but they are years away, and we (BEM) are their only source of funding. So based on the current SP, I’d suggest that they add no value whatsoever, and that there is little investor enthusiasm for it. It’s still Kallak or bust in my opinion...

They are private entities tintin35... they are a finically drain at this juncture. You do remember Agricola and CSP’s dubious investments? I seem to be the only one...

It is only 12p... which for 10-years if effort and investment, would basically put us back to 2010 levels. Pitiful...

And a little perspective... 10-years ago this reached the dizzy heights of around 76p with 136m shares in circulation. Today? 5p and 602m shares... No exploration for several years, and still no exploitation licence. That’s enough to curb anyone’s enthusiasm.

Your enthusiasm is admirable...

https://www.spotlightstockmarket.com/sv/bolag/irabout?InstrumentId=XSAT01000607

Exactly tintin35... he didn’t sound like a man in the know. So at what point is enough? At what point do we simply stop waiting?

Not quite true Ibjj... there’s at least 4 investors still here lol!

And tinitin35, make no mistake, the SP can sink all the way to zero. It will get increasingly difficult to raise funds at an acceptable price (unacceptable to retail investors at least). 136m shares in issue when I first invested... There are now 602m. Do the maths... anyone hoping for huge gains? Good luck, because we will need it...

So it’s ‘wait and see’ still? It’s all very well arriving at the decision not to start legal proceedings. But how have they arrived at that decision? What criteria or information has been used on which to base that decision? Based on the fact that Budge has finally showed his frustration, I’d suggest he knows no more than anyone else, and that the decision making is based on guesswork and hope, resting on his belief that the application is legally sound. This course of action hadn’t worked so far. 24% down on the year...

Always ‘later’... Why not a decision now? Probably doesn’t suit your agenda...

This what was actually said... You do love a bit of what you perceive to be bad news. Don’t you ADF?

Beowulf Mining hoppas fortfarande på tillstånd för att starta en gruva i Gállok, Jokkmokk. Därför avvaktar bolaget med anspråk mot staten.
Gruvbolaget Beowulf Mining är inte redo att i dagsläget vidta några juridiska åtgärder mot svenska staten för att be****et om brytningstillstånd för Gállokgruvan i Jokkmokk dröjer.
Frågan finns som en tänkbar åtgärd – men under onsdagens styrelsemöte togs inget sådant be****.
Bolagsstyrelsens ordförande Göran Färm säger att företaget analyserar möjligheterna men att de i första hand räknar med ett positivt besked från regeringen.

Beowulf Mining is still hoping for permission to start a mine in Gállok, Jokkmokk. Therefore, the company is awaiting a claim against the state.
The mining company Beowulf Mining is not ready to take any legal action against the Swedish state at present, in order to delay the decision on the mining permit for the Gállok mine in Jokkmokk.
The issue exists as a conceivable measure - but at Wednesday's board meeting, no such decision was made.
Göran Färm, Chairman of the Board of Directors, says that the company is analyzing the opportunities but that they primarily expect a positive message from the government.

Could you clarify? No one is expecting legal action ‘today’... It’s a slow process in any jurisdiction. What exactly is the content?

But it does have everything to do with incompetence and political corruption. Get the legal challenge up and running, and expose this nonsense. It’s our investment ffs...

This farce has absolutely nothing to do with the UK withdrawal from the EU. To refresh memories, we were still in in the EU in 2013 when we submitted our application... 2014... 2015... 2016... need I go on?

We haven’t so far...

Which is exactly why legal options need to be progressed.

We’ll see what comes out of the board meeting on Wednesday...

And can it be true that all Sami are against the mine? The answer is a resounding NO. There will be people in those communities that support jobs, investment and growth in their local economies. Their opinions don’t seem to be heard... They won’t all be stuck in the dark ages...

The last RNS was the 19th December, relaying to the letter sent to Baylan on or around the 30th September 2019. It’s fair to say, that regardless of the governments inactivity, we need more updates from Budge.