Member Info for Suzy2

There'll be a processing plant on site...so what goes in the pipeline is it pellets?

Question I ask is if Sweden wants this iron and the Government have said they do then why is the permitting so difficult...in the beginning we were told is was relatively straightforward and the Environmental would take two years to submit.

Yes, Eric, I agree with you...it doesn't seem they've delivered what they promised at the last fundraise; the pipeline transport solution it seems requires more work which they haven't got the money for. So far as the trading volume is concerned, the reason could be that a lot of us may be waiting for the cash call...those of us who bought as the price rose jumped the gun didn't we..it was always the danger. Ever optimistic as I am I'm expecting at some time some 'accelerated development'.

Liked the bit that says..."Focused on delivering shareholder returns." :-)

And it's a fun fact, Pocko, that if you've been mostly positive for 15 years you might be as dumb as me...but I trust not, I think you've been right most of the time.

Yes, that's true Pocko...I did do that. I'm just a dumb blonde. Lol.

Pocko...I've been in about fourteen years and it must be said that we were very naive about the work needed to get this project going, back then we were told it would take about a year (ref the Mining Strategy Manual) ..and we might have failed to get the Government's approval and we might have lost the appeal so in that respect we were not a genuine development project...and now we are. The potential product was always good.

PS Does anybody know anything about slurry pipelines, how do they work. Troaj...do you know?

As for the 25 million and what have investors got to show for it...how about, a genuine development project? :-)

I don't believe I was ever 'adamant' about production in 2026...it was what we were told/led to believe at the time. Maybe I could find something you were 'adamant' about...such as can't say no won't say yes. The Concession award as you say should have been a seminal moment, except for the facts of the matter...the pending appeal, and who would have imagined that that would be another two years; cautious people did, obviously. So ten years in the process plus another two years for the appeal and now we're in the middle of the two years for the Environmental but we always knew that. Now I'm looking forward to some 'Accelerated development'...you never know your luck, do you. And in the World we're living in now, it's the least of my worries.

Well...this is a good bit or rather potentially a good bit:

"Given the quality of the concentrate that the Kallak project is expected to produce, the Company has already received interest from a number of third-parties. As the project is advanced further, it is anticipated that this interest will increase and the Company will consider opportunities to form strategic partnerships that could de-risk the project from financing, technical, and market access perspectives and enable an accelerated development."

Hello Eric ..Sorry you've got a problem with your hand Eric, hope it gets better soon.

Nighty night X

Yes, that's right. Slow and steady isn't necessarily good...slow, steady and sure would be better.... but I shall continue to be invested until I no longer believe it's a good asset...and it might come good. And what's your solution out of interest|, because if I keep saying the same thing, so do you?

Hello Eric. Just to throw my hat in, it's taken me a long time to read the RNS, there's a lot in it...pipeline is an interesting development. Let's hope Sj's right, slow and steady.

Well, let's hope then that the rise is due to expectation, the expectation that what we were expecting will be delivered...and it's all coming up Chanel No 5. Personally that's never been a faavourite of mine but it's generic isn't it and the only one you've all heard of...the older of us that is.

Morning All.

I got 5K at full ask.

Let's be British. Hello Eric...how time flies, nearly March already.

X

Waiting is always hard. We waited interminably for the Concession Award and there were no rules. Now there are rules. Let's see:

"The Company continues to work towards submitting the Environmental Permit application for Kallak in the first quarter of 2025 and completing the PFS by the middle of the year."

Glad you enjoyed your Christmas Day swim and thanks for your good wishes...all the best to you to for 2025.

Morning Troaj...This is the best:

https://www.youtube.com/watch?v=2Y6xMNjBboQ