Member Info for rickmeister

Just been offered 8.3 to buy. Not tempted at that price but its coming off today's low in Sweden.

Suzy2. I'm with you, first invested in BEM in 2009! I don't expect straight line growth from here as there will be traders and holders. I have always been of the view that BEM will get the concession and when it does we will have a valuable company with Kallak and few other resources. I may well take the opportunity for addition share buys, as I did yesterday morning, if the SP show some volatility. Each to their own strategy.

The 250mt is an estimated quantity, the confirmed JORC indicated and inferred for both is about 150mt but the entire deposit has not been fully assessed and should over time prove to be more than the JORC figures as would the life span of the mine. Taking into account the the high percentage of iron in the ore (70%+)-60% is quite common place-Kallak should be regarded as a world class deposit.

There tends to be a constant disparity between here and Sweden which tends to be higher than us based on current exchange rates. Others have suggested that volume may play a part but I tend to the view that Sweden has a different type of market-looks to be more auction based whereas we are controlled by MMs pricing. Based on that, parity looks unlikely so 10p looks about where we should be today depending on what happens in Sweden. Ignore todays jump here that was just a correction from yesterday's close.

Peops, slight perplexed by some comments this morning. Sweden currently 1.3 SEK and down 10%. There has always been some disparity between here and Sweden so 12/13p looking rather bullish.

Little bit of early profit taking in Sweden.

davey. I think its about 75% of shares in Sweden and today about £170k worth of shares traded in the UK so still worthwhile business for the MMs. Can't explain the close reported at 7.25 with Sweden showing 40% up on the day. I anticipate a correction in the closing price. Ps, I am not an expert or trader.

Looks to be a bit of a pull back in Sweden, interesting to see if just temporary.

Not being offered a live online quote at the mo with ii. Which way will it go?

As always there is still an element of gamble, however what is BEM worth with a concession, £500m-Kallak is a big high grade resource, 250MT at £100+/ton. For me, I'll hold what I've got and buy on any dips, chances are there will be some over the next few days.

Looks to me if the actions over the past week were designed to sideline the Greens. The Sami effectively have a devolved parliament for 'local decisions'. I don't know how the Sami as a group tend to vote at a national level but if they favour the Green party it would not be a surprise. As a single party, albeit minority, government, decisions can at least be made without consulting coalition partners. Kallak doesn't look to be an issue that needs a parliamentary vote, just a ministerial decision. Fingers crossed all. If the genie is properly out of the bottle, then good luck to those that held their nerve.

We should be about 8.7p equivalent to Sweden. They appear to have got very excited. Lets hope KB doesn't use the rise to go for another cash call.

Sweden’s prime minister resigns just hours after taking office
Magdalena Andersson’s government collapses on same day she became country’s first female PM
What's the next news item. Sweden in shock as someone actually does something.

Lets hope girls like mining!

Perhaps the 13+ staff are there to massage GC's ego and tell him he's doing a great job

Probably not sinister but would have helped if they said why. ie training, telephone upgrade etc. A rather bald statement. I might try phoning after 3.45 to see happens!

There needs to be a more honest debate about 'green' technologies. Volvo have admitted that their electric cars do not better than their petrol models in terms of carbon footprint until 70,000 miles due to the higher carbon inputs in manufacture. Assuming Volvo will continue to use steel in the manufacture of their cars sustainable ore, smelting and production will be essential. One wonders if the Green Party are against Kallak on green principles or because of the votes it garners for them?

No fixed timetable yet. TILS shares have to be listed on Nas as other than OTC for normal trading. Accustem is a long way off, if ever. Ii has advised me I can convert my Acc shares to depositary shares which will then be sold. Be v careful if you go this route as costly and you will lose control of them. and possibly the value you will get. Hard to give any clear guidance as the best way forward.

Beware the opening sentence of the Cortp Act:-We are offering an opportunity for holders of Accustem Sciences ordinary shares to convert their shares into Accustem Sciences American Depository Receipts (ADRs) and then have them mandatorily sold.

Mandatorily sold-Mandatory, something that cannot be avoided. I assume this means if we accept this option the shares are sold without our control at any price. I think the company needs to be clear and open for once. I intend to contact them for guidance. Looks close to usery.

Thanks Whimax, was about to post the same info. Got until the 23rd to make a decision. Not inspired by OTC trading looking at the volatility of Accu share price. Gonna give it some thought.