Member Info for tintin35

The worst that can happen now would be a further delay on some of the deeps for whatever reason - but the SP is held up strongly by the MJF shallows so any buy at this point would be unlikely to lead to losses. The back of my sofa is currently empty so sitting back....
And, yes, I realise that this is the 50th time someone has said this on this BB....

In case you were wondering what was happening over there;
"The Fennoscandian team has delivered a strong result with an 81 per cent increase in contained graphite for the higher-grade western lens at Aitolampi.



"The team has had a busy year, following-up drilling at Aitolampi with fieldwork across four other graphite prospects in the Fennoscandian portfolio, while effectively using funding from the 'Green Minerals' and 'BATCircle' projects to support metallurgical testwork and value-add processing for battery-grade anode material.



"Fennoscandian is active across the value chain, as the Company continues to pursue its strategy to develop a 'resource footprint' of natural flake graphite prospects that can provide 'security of supply' and enable Finland to achieve its ambition of self-sufficiency in battery manufacturing.



"I look forward to keeping the market updated on further developments."

The Company understands that meetings are taking place daily within the Ethiopian Government to resolve these internal matters which pertain to how it manages its shareholding in TKGM - a high-profile public-private partnership in a new industrial sector for the country. As previously reported by the Company, the budget for the Project investment has already been approved by the Ethiopian Parliament and the associated infrastructure work for which it pays has already commenced. TKGM has the potential to be the largest single export-generator for Ethiopia.

Well, that's this board for the past 10 years...…

anything on the telly?

they'd have to rns immediately any big problems (shopping trolleys etc) and they have previously

Ylivainio criticizes the Prime Minister of
Sweden ÖVERTORNEÅ.Linda Ylivainio (C) is not satisfied with Stefan Löfven's (S) response on the handling of the extracted mining permits.

Hans L Olofsson
13:47 | 2019-10-25
In a post on Facebook on Friday, the MP from Övertorneå writes that the Prime Minister does not give any information about Laver, Kallak and three other cases that "collect dust on the Ministry of Trade and Industry."
"Yesterday at the Prime Minister's Question Time, I tried to answer him for my eternal question: when will his government start deciding applied processing concessions.
During the question time, Stefan Löfven (S) replies: "There are mainly two conflicting interests here. One is that we should have the most efficient use of our natural resources as possible, which is why we are reviewing that legislation, to get it But you have completely different interests that want to take greater account of the environment and the environmental impact that it actually entails and which stands on a completely different side, where we have two opposing interests, they must be allowed to work together. minerals and have been endowed with forest as well. We must utilize our natural resources, in the best way possible. But we must also bring these two opposing interests together and find a solution that suits both. "
Linda Ylivainio writes further:
"I'm getting ****ed. This industry deserves better. Soon it's too late."

NSD is looking for Linda Ylivainio. The Prime Minister's press secretary refers the matter to Minister of Industry Ibrahim Baylan (S). His press secretary Sara Khatemi tells NSD that they do not want to comment further on the matter.

Positive that a member of parliament has begun to grow tired of the long wait! The center is also a partner for the Social Democrats in the Riksdag.

good point - The CAB's main argument was that kallak would only last 14 years - if this new drilling comes up trumps then that argument is blown out of the water. I'd hope we'd have the licence by next Autumn though!

moving on to how they declare the decision on kallak - why suspend? They say they will tell Kurt out of hours and he will suspend the shares - but if no one can buy/sell till 8pm the next morning, what's the point?

Testing of the multi-array method in parallel with drilling is planned for Autumn 2020. In anticipation of the Exploitation Concession being awarded for Kallak North, the Company would then consider a follow-up programme of drilling at Kallak South and Parkijaure.

Kurt Budge, Chief Executive Officer of Beowulf, commented:

"In anticipation of a decision on the Exploitation Concession for Kallak North, we have been investigating how we can add to the potential 250 million tonnes global resource defined at Kallak North and South.



"Having been awarded the Parkijaure nr 6 exploration licence, we are reviewing existing geophysics and have already begun testing passive seismic technology at Kallak, with a view to using this non-invasive exploration technology to help define additional iron ore resource.



"For a typical mining project, the mineral resource increases as the full potential of a deposit is explored and proven-up over time. With iron ore in Sweden, a good example would be LKAB's Kiruna, established in 1890 and still producing today.



"I look forward to keeping the market updated on further progress."

Looks like Kallak is very much on the agenda - the green methods of working shoudl satisfy any criticism of our mining methods - plus EU grant.....

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, is pleased to announce that the Company has been awarded an Exploration Licence for Parkijaure nr 6 which covers almost 1,000 hectares, situated to the south of Kallak North and South deposits, and which is similarly prospective for magnetite iron ore.

The magnetic signature of mineralisation at Kallak, extends southwards from Kallak North to Kallak South, and then beyond to Parkijaure. Interpretation of geophysical data suggests the potential for additional magnetite mineralisation, which could add to the Kallak North and Kallak South resource.

Parkijaure Geophysics

This week, Beowulf has awarded a contract to GeoVista AB in Sweden to re-assess existing geophysical data and determine if an additional Exploration Target is warranted at Parkijaure, to add to the Kallak South Exploration Target.

PACIFIC Project

Beowulf is a partner in the European Union ("EU") funded PACIFIC Project ("PACIFIC"), launched in June 2018. The project has received €3.2 million from the EU's Horizon 2020 research and innovation programme and has a 36-month programme of activities being coordinated by Université Grenoble Alpes.

The aim of PACIFIC is to develop a new, low-cost and environmentally friendly tool for exploring for sub-surface mineral deposits. The PACIFIC consortium is conducting fundamental and applied research to develop two radically new and complementary mineral exploration techniques, both based on passive seismic imagery. See project website for more information: https://www.pacific-h2020.eu/

Kallak, including Kallak North, Kallak South and the Parkijaure licence, has been chosen as one of two PACIFIC test sites.

At Kallak, Phase 1 work includes:

· Testing the multi-array method over the known magnetite iron ore deposit to provide background data;

· Establishing seismic properties for the iron ore; and

· Correlating findings with the geological model for Kallak.

Testing of the multi-array method, using an array of receivers at surface, was conducted at Kallak South in September 2019. In early 2020, a similar survey will be conducted at Kallak North, followed by interpretation of the data and correlation with the existing geological model for Kallak North and Kallak South.

Phase 2 work will include:

· Testing the multi-array method in parallel with drilling at Kallak South and Parkijaure, with noise from drilling providing a passive seismic source.

· Testwork will determine if a 3D seismic model can be constructed, using the established seismic characteristics of the Kallak deposit, and whether the 3D model can be used to identify previously undiscovered magnetite mineralisation for the Kallak South Exploration Target areas and for Parkijaure. This work would help better define drill targets for verifying test results and resource drilling.

Testing of the multi-array method in parallel with drilling

at 5.5p :( but only 2% of company...

:)

Commenting KEFI's Executive Chairman, Mr Harry Anagnostaras-Adams, said, "We are very pleased with this result straightaway with our first drill hole at the large Hawiah target. This first drill intercept of massive sulphide confirms our exploration model and reinforces our confidence in the area's high prospectivity for gold and copper."
Always thought the Saudi thing looked interesting - massive eh?

I'm being a bit thick here - but what does Baker Hughes presence mean and with regard to which site?

Cheers

They reported A5 after two days - because something went wrong. I agree that they are being cautious about this one.

ideally a big major buys the 55% and pays for the work and we get a percentage - and GSPC pays us what they owe us. We can get on with our other projects - This has at least 5p written all over it.

must have crept up a couple of places by now.....

what the hell? All I ever do is ramp this dog! I better be at least 21st!

well...except the opposition parties would support the decision in Parliament - don't need the green's support. I appreciate it's not a Parliamentary decision but...

basically no comment - no surprise - but at least the embarrassing delay has been highlighted - Baylan appears to have no shame.