Member Info for rickmeister

I thought it was better to give than to take-especially at Christmas. Clearly the board hasn't heard of that maxim. The Swedes have reacted similarly. Its an absolute mess.

Don't forget, for anyone considering trading today the market closes at 12.30 and doesn't reopen 'til Wed 27th.

A vast number of shares traded again for such a small company. This must settle down shortly.

Timetable and CAPex may have spooked a few but the co. operates in a solid country with a good reputation for supporting mining. The size of the CAPex means some serious debt or JV, too much to be raised from shareholders but working capital will no doubt be needed.

Hi Eric. Lets hope, in Shane's words, 'got on a lucky one, came in at 18 to 1'

The Swedes like to make an early start to the Christmas holidays, except those currently fighting Tesla. Today its minus 7 degrees C in Norbotten County and getting colder. The Sami will have built their lavvu and settled in for some reindeer counting. Ah, the joys of a nomadic life! News for a while, seems unlikely. On a sadder note, a fond farewell to a modern poet and hell raiser, Shane MacGowan. Great songs, great drinker, dodgy Irishman (born in Kent).

For a long lasting, effectively hand made, boot/shoe they aren't expensive. Where they had any quality issues was with the outsourcing of manufacture abroad, mainly China, and not controlling quality. You can specifically order UK manufactured boots if you want to. I do agree that the management and strategy has not been good for a while and today's RNS reinforces that. I made some money on FAB 2 days ago and lost it today here-but only if I sell. I'll hang onto my shares for a recovery, but hopefully that will not be as long as their produce can last.

They don't need Africa. 70,000 delegates expected at COP28 and most will be flying. Sunak, Cameron and King Charlie all going in separate private jets. I suspect it will have a worse carbon footprint than the whole of Africa.

They wouldn't need to buy any shares as they will already have a controlling interest-remaining share would only be tradeable on specialist platforms. Listing on the NYSE/NASDAQ is not easy and is expensive, I got caught with this with Tizania.

Truth is not deramping but pointing to some uncomfortable realities. If the Pinnacle deal goes through they will run the company-fact. Battery manufacture needs scale, AMTEs factory is a tiny facility on the edge of a farm in rural Scotland )no doubt part of Thurso's estate-check out their website. Would the British government invest in a small outfit in SNP run Scotland? AMTE may have some IP that is of value but not its manufacturing facilities. It should have remained a private business supplying a niche market.

You guys might be right but the pants down deal with Pinnacle, especially the use of convertible debt, along with the fundamentals has frightened me off getting back in.

Yep. Interesting to hear some honesty about Ulla's departure. I think she was out of her depth, her career (I use the word loosely) seems to be a succession of short lived posts. At least she doesn't seem to have made the new office untidy-perhaps she couldn't find it! Fingers crossed for a decent PM for Kallak.

Swedish shareholders have reacted positively but how is it all going to be paid for? I doubt if the consultants will just take shares.

Government has abandoned the proposed decision to not impose the NNS requirements on housebuilders. Hopefully this will benefit ETP who provide this service to housebuilders.

The only possible positive of today, assuming the company has a future, is the opportunity to average down. Nothing in the RNS suggested liquidation or fund raise but things may change in due course. For what it's worth my av now 67p after buying today.

There is not going to be a sale in the near future. The company (a wholly owned sub of HZM) that owns the licence and the assets has the debts. It is inevitable that the debts will be secured against the assets of the company. The company can not therefore sell the assets without the approval of the lenders and assuming the company can be sold the new buyer is stuck with the debt liabilities. It is almost certain the lenders will have a no-sale covenant in place anyway. Like i or not the future of this mine and its shareholders is now in the hands of the bond holders.

You can't fault a limerick. Maybe this one will avoid the censors?

There was a young! Lady called Suzy

Who after a drink became woozy

But if she had more

Her face hit the floor

Which is the risk of being too boozy

In the near/medium term we only seem to have one viable asset-that in Finland. The situation in Kosovo is getting worse by the day with Serbia and Russia stirring up trouble. If we could get out of Kosovo with some money, I would do so. We should never have gone there in the first place. As for Kallak, potentially a great asset but I can't see how BEM have the skills or financial depth to unlock it alone. If we don't find a white knight it could be our bete noire.

A painful read. A list of bad decisions with very little encouraging news, including the cost of removing Kurt (and no doubt Ella). Hopefully, like the song-things can only get better! At least they are p**sing off more Swedes than Brits.

Pocko. we do read your posts and as far as I know not filtered. I can only see the micro accounts submitted to CH-very little info to be gleaned except a surprising large increase in asset value. No accounts posted on the Vardar website. It would appear that nearly all our exploration licences are due this year (mostly in August!) based on the 3 yearly requirement unless I'm miss-reading their Project Presentation. BEM is the majority shareholder so our BoD needs to sort Vardar out tout suite.