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"In the event of a potential acquisition of beowulf, previous writers have stated the value figure of 10% of the mine's total value, but to keep it at a minimal level, I will only use 5% of the mine's value as a bid.
403 billion * 0.05: SEK 20 billion / 828 175 224 (number of shares) : SEK 24 per share upon acquisition for SEK 20 billion (SEK 48 at 10%)."
And I was happy with 5 SEK. Lol
https://www.redeye.se/arena/posts/beowulf-mining-i-2021-hur-dom-ligger-till-och-vad-vi-vaentar-paa
Interesting read - Remember it's not a professional, it's a regular guy like the rest of us that has tried to analyse the case :)
"In a normal consultation procedure, the consultation bodies generally have three months to respond, but with regard to requests for a statement from Unesco, the Ministry of Trade and Industry has not set a deadline for responding when the statement is to be received by the Ministry of Trade and Industry. Something that can further delay decisions in this government matter." - So clear to see what the idiot is doing.. When will it have consequences for him???
Here is the link again - https://www.riksdagen.se/sv/dokument-lagar/dokument/skriftlig-fraga/sverige-som-gruvnation_H8112009?fbclid=IwAR1ie5L11lG-L1wtDBX2-Jy0A32mA9jP0i-8tYBMAHEMxtOS_qzlXfBGvpY
PART 2
The Government has appointed an inquiry to submit proposals for measures to achieve a more modern and effective review in accordance with the Environmental Code. The purpose is to facilitate environmental and climate-improving investments through horizontal changes in environmental assessment and to achieve faster and simpler assessment processes while ensuring maintained environmental protection. The inquiry will, among other things, focus on measures that can facilitate investments that contribute to climate change or involve reduced environmental impact. The inquiry will submit its report in December 2021.
The Government has also commissioned the National Courts Administration, the county administrative boards and the Swedish Environmental Protection Agency to produce comprehensive statistics for the environmental assessment. Such statistics are important, not least to follow the development of processing times. The assignment must be reported no later than 12 May 2021.
Stockholm, March 9, 2021
Ibrahim Baylan
N2021 / 00664 N2021 / 00671 N2021 / 00712 N2021 / 00772 Ministry of Trade and Industry Minister of Trade and Industry To the Riksdag Answer to question 2020/21: 1970 by Lars Hjälmered (M) Sweden's position in the global mining ranking, question 2020/21: 1972 by Sten Bergheden (M) Sweden's ranking as a mining nation, question 2020/21: 2009 by Helena Antoni (M) Sweden as a mining nation, and question 2020/21: 2061 by Eric Palmqvist (SD) Sweden's position as a mining nation.
Lars Hjälmered has asked me what measures I will take due to Sweden plunging into the annual international mining ranking, Sten Bergheden has asked me what I intend to do to make Sweden an attractive mining nation again for increased investment and more jobs in Sweden , Helena Antoni has asked me what I intend to do to lift Sweden as a mining nation and Eric Palmqvist has asked me how the government sees that confidence in Sweden as a mining nation is deteriorating in an international comparison, and what initiatives the government intends to take in order to do Sweden to a more interesting country to conduct mining in.
The Swedish mining and mineral industry is important for Sweden as a country, in the regional and local perspective and outside Sweden's borders. It is about jobs, welfare and extraction of minerals and metals important for a green transition. Sweden produced, among other things, 91.5 percent of all iron ore, 23.1 percent of all gold and 10.8 percent of all copper in the EU in 2019. Sweden also has a strong exploration potential for innovation-critical minerals and metals, such as graphite, rare earth metals, lithium , cobalt, vanadium, tungsten and tellurium. At the same time, mining has an extensive impact on the local environment, which is why a thorough environmental assessment is important. Sweden will continue to be a pioneer in the mineral industry when it comes to innovation-driven and sustainable development, Sweden's global ranking in relation to individual policy areas in the Fraser report provides a more nuanced picture in terms of areas such as the legal system, socio-economic development, trade barriers, political stability, easily accessible and competent labor, and the general attitude towards mining investments. In a similar survey by Mining Journal Intelligence, their World Risk Report from 2020, Sweden ranks 10th among 111 jurisdictions globally. Among EU Member States, Finland, Sweden, Portugal and Ireland are the top countries in the Investment Attractiveness Index, as shown by both the Fraser report and the Commission's additional Raw Materials Scoreboard 2020. Modern and efficient permit processes are an important issue for the government. The permit processes in the mining and mineral area are regulated in both the Environmental Code and the Minerals Act.
I have answered this before. Do you need a screenshot of my portfolio or what will stop you from asking?
24 Jan 2021 15:00
"I hold BEO and have for the past 7 years. I invest every 3 months and I was considering putting more into it as it was gaining more momentum the past 2 months, but I decided to go with China because I've made great returns there. I haven't in sweden. I can assure you I don't waste my time on forums of stocks I don't own or atleast consider investing in."
As you clearly have been looking at my previous post, maybe take a second look. You have asked this before and I have answered you before. Do you need a screenshot of my holding to stop asking? I was considering buying ADDITIONAL shares earlier this year and decided not to.