Member Info for Pocko

The law is quite clear... and to quote “Somebody has to find them“ as though explorers magically stumble upon resources in the ground. The point is, explorers such as ourselves are being ‘played’ by the authorities in Sweden. Being a junior explorer didn’t seem such an issue when they were dishing out exploration licences did it? So you advocate a continuation of waiting? That hasn’t got us very far to date. At the end of the day, we want the same thing. The question is, when will you and others advocate a change of plan?

Suzy2, licences to explore are not randomly issued. The issuing authorities generally have an idea as to what is contained within a licences area. BEM didn’t ‘discover’ Kallak. Nor anything ‘found’ in Kosovo or Finland for that matter. Thank SGU in Sweden for Kallak. We are just the suckers spending investors cash on proving up the resource. And to think a government would be ‘embarrassed’ Into action is laughable... Budge needs a new game plan if our permit does not materialise before the summer recess.

Exploring and finding minerals and ores isn’t the problem though, is it?

Kosovo, a state recognised officially by only half of EU member states, and in political conflict with Serbia. An investment years away from production. Pie in the sky at this juncture I’m afraid...

Progress? We are clearly reading a different document. At what point does patience become indifference and an acceptance of a situation?

Nice patronising pat on the head for Budge from the government; which he accepts and then packaged up in the form of an RNS for shareholders. Get the 7th candle ready, because that is where this is heading.

“While we have no firm commitment from the Government on the timing of a decision, we were reassured to hear that the Government understands the importance of Kallak to Jokkmokk.” - That’s the worrying bit, and sums this up perfectly. Utter BS

Budge has never been careless with his words... always considered. So with that in mind, surely his somewhat ambiguous reference to summer must have some merit or value? Otherwise why make the reference. That said, we have collectively been very patient, and now is the time for affirmative action if we do not receive a decision before the summer recess.

A contracting market... There is still only around 225m shares on AIM. The rest are held as SDR’s on the Swedish market. It’s peanuts really....

I use netfonds also AndyDuFresne

It’s a correction... the point is, if it wasn’t there, the market would be negative. We are where we are...

I though it might be... and that order for one share paints a false picture...

Because of a buy order for 1 share! Look the order book... the disparity between buy and sell is unusually large. Unless more buy orders come in, it’s down all the way today I’m afraid...

Politicians have no shame...

-5.49% in Sweden... I know that Budge has done sterling work, and it’s canapés and high-fives at the AGM; But this if we don’t receive notification by the recess of parliament, then Budge needs to start legal proceedings. This is not being negative. Budge is charged with extracting value for shareholders. That is his primary responsibility. And for those advocating patience (I’m not picking on you MWilliams, because in essence you have been correct!) But 6-years waiting has been patience enough in my humble opinion. And before anyone responds with the the old ‘sell if you are not happy’ - Grow a set and start protecting your investment.

And a downward trend on Spotlight to boot...

A Swedish company having to operate in other countries? Hilarious... So tell me, what’s the difference between a Swedish company legally extracting resources in a foreign country, and a UK based (but Swedish subsidiary) extracting minerals in Sweden. Shall we add rank hypocrisy to the many Swedish political failings?

And we should have been in 2018! There’s basically 4-weeks to pull this out of the bag, otherwise it’s September onwards.

And for those obsessed by the idea that a decision would be released on a Thursday, a little food for thought. 30th May is Ascension Day, and the 6th June is National Day

I agree EricDraven... Bogged down in Politics. Quite frankly, the Swedish Politicians will take any excuse that they can. Bank holidays, Elections, Christmas... It's never-ending quite frankly.