Member Info for TheFarEnd

Yes I saw that mick, unlimited, it's a bit like "whatever it takes" make assurances and sometime later it will be someone else's problem.
No problem with anyone's views on here but I'm quite optimistic.
As Mr Micawber said "something will turn up" and in my experience it usually does.

Wids/Theosus
Thanks for the replies, who knows what the future holds time will tell.
The Fed are viewing these latest measures (rate reduction and restarting QE) as a short term fix, 12 months at least. This is a direct response to the CV19 debacle, whilst admitting to uncertainties, by that I guess they haven't a clue.
Bit like me!

https://think.ing.com/snaps/us-the-forceful-fed/

Is out of hospital. everything is going to be ok, just in time to announce the lockdown extension.

Welcome BB, it's like a drug on here sometimes, hard to kick.

The argument that QE would cause inflation to increase dramatically hasn't materialised.
We've had unlimited rounds of QE across the globe and the reverse has happened.
Ok, so we've been above the 2% target but in the scheme of things compared with Europe say, with high employment levels we've been positively booming.
The Fed, I believe had had three QE programs and CPI rates are falling, so where is the inflation?
Maybe this is a case of 'rinse and repeat' but with a dose of nice and steady, not a desperate rush for growth.
Stagflation forget it.
But as Wids would say WTFDIK.

Sir Sterling Moss.
RIP.

Prolific postings in the early hours Love_You, I guess you had trouble sleeping lol.
BTW, how many BB's did you visit, any idea?
Interested to see how you arrived at precisely 88%.

Cheers for that mick and MEDI, the irony is that I must have done that because on reading the copied post I realised I've already read it, but it wasn't the FT.
Oh well, roll on Tuesday more games, but only for the brave.

It's to show that they are aware and FT subscribers, but, tbf, sometimes the FT article is on another site with access to all.
Same with the Telegraph btw.

Sorry about the double posting, I'm laying up the garden and the G and T's are flowing.

I remember, I got caught by Cable and Wireless, can't remember the details.
It wasn't a disaster at the time, just another step in the ongoing learning process that is share dealing.
You don't hear to much from peeps who have lost at this game, just occasionally when the market reverses and how great they WERE catching the lows, makes em feel good I suppose.
Just get the feeling here on this BB there's not so many 'active' traders.
Just saying.

I remember, I got caught by Cable and Wireless, can't remember the details.
It wasn't a disaster at the time, just another step in the ongoing learning process that is share dealing.
You don't hear to much from peeps who have lost at this game, just occasionally when the market reverses and how great they WERE catching the lows, makes em feel good I suppose.
Just get the feeling here on this BB there's not so many 'active' traders.
Just saying.

We all know that a reset/realignment/recession is coming but not yet, well officially not yet but the MSM will extract and sensationalise on the slowdown long before the figures confirm it.
With France already in a 'technical' recession this has to be followed closely by Italy and Spain.
It's the depth and length of the downturn that's the unknown.
With the UK once again being an individual sovereign state hopefully with the correct decisions we can recover quicker than most.
Don't hold much hope of a quick rebound across the channel, this could be the end of em. The EU were still trying to escape the ravages of the 2008 meltdown and now this has hit them.
I just beggars belief that some numpties want the UK to rejoin, in fact some can't even accept that we've already left.

With a long weekend ahead, market closed, peeps might want to take some recent profits, enjoy.

Yep, 0.1% that's plus 0.1% in the absence of a minus in my book that's a positive.
No official recession for another 6 months at least.

It's a funny thing but am I alone in that, when I'm scrolling up the posts, just a casual glance and I can usually identify who the poster is before looking.
Just saying.

Some would say the only tangible advance during the last 10 years is the number of issued shares from c70m to over 600m.
However the jury is still out regarding the wisdom of diversification over the years, my own view is that BEM is essentially Kallak and always has been.
Without Kallak the SP would plummet to a fraction of today's price. The 28m capitalisation is due mostly/entirely to the fact that Kallak is still in play.
Take this scenario, Kallak's exploitation licence is rejected and all avenues (appeals etc) have been exhausted, yes we are left with other projects but a long way from generating income and with 600m+ issued shares, not forgetting we already had other licenses 10+ years ago.
Now of course there has to be dilution as this is the only way BEM can continue to operate, the total spend on Kallak to-date is around £6m not accounting for running costs, in the scheme of things this is not a vast amount.
There's no doubt that along the way BEM have wasted a lot of raised capital, investors capital. It remains to be seen if these additional projects also turn out to be wasted.
We could be waiting on a decision with, say, 150m issued shares instead of 600m, which theoretically would put the SP four times today's price and in my view a better place moving forward.

Just stuck indoors rambling on, sorry about that.
Views anyone?

A bit of History while all this is going on.

Beowulf Mining began life in 2003 as Beowulf Gold, raising initial capital through OFEX to finance the acquisition of three concessions in the Jokkmokk region of northern Sweden. Over the next five years it acquired additional licences and projects using existing survey data to identify prospective projects. Its shares moved from OFEX to AIM in May 2005. In October 2006, the publication of it conceptual study by mining consultant Raw Materials Group (RMG) marked a step change for the business as it prepared to move towards commercialisation of its assets through the acquisition of JORC status for its assets. This process saw the company participate in several joint ventures in order to finance the development of its projects. In the spring of 2008, Clive Sinclair-Poulton joined the company and saw the opportunity to capitalise on the work done to date and drive the business forward more rapidly. A new study was commissioned from RMG to assess the feasibility of bringing Kallak and Ruoutevare into production. This report has now been published and the business is entering a new phase of development.

The trouble is after proving the feasibility of bringing Kallak into production, sadly the business hasn't exited this new phase of development yet lol.

I hear he's acting responsibly mick-b, one of his family has symptoms, not a case of do what I say at all.

This from March 16th.
I particularly like the last sentence, lol.

https://www.ft.com/content/4bf01552-67a4-11ea-800d-da70cff6e4d3

Theosus, I read the other week that the Germans had gone some way towards a settlement, apparently it will benefit the UK's motorist. So there is still some hope, but like I said I'm not holding my breath.