Member Info for tintin35

Question being asked at 12pm (11am here) - anything other than yeah yeah whatever from Baylan could produce a spark to the SP. well, in Sweden anyway....

...and A5....

shame! oops

sham really - people are obsessed with kallak but Kurt is building quite an exciting company in the background - Finland looking good as well....(and there are others)

Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, is pleased to announce that the Company has today exercised its option in Vardar Minerals Limited ("Vardar"), investing a further £115,000 and taking the Company's ownership of Vardar from 37.6 per cent. to 40.1 per cent.

Kurt Budge, Chief Executive Officer of Beowulf, commented:



"With a series of recent announcements about Vardar's exploration achievements at Mitrovica and Viti, and following the Board's excellent visit to Kosovo, Beowulf has exercised its option to increase its ownership of Vardar to 40.1 per cent.

They clearly have spare money to invest..

The SP has never believed in the deeps - it's basically propped up on the shallows. The increase could be a lot more than that because of the shock and finally investors start believing in this company instead of holding back. We're all well used to the delays and excuses over the years (8 in my case) but if just ONE deep comes good we have a MASSIVE amount of oil to exploit. This could be a momentous month!

It depends if they announce the flow rates or just that they have started? We could get a double whammy of A8 and A5 in one go!

really are due one on Monday even if it's only to say which hole they dropped the shopping trolley down.

Firstly, this is, of course, an entirely unacceptable operation. The Legal certainty that is permitted today must be removed. It is a matter for the government, but the centre party runs in Parliament, among other things, by lifting the matter in the committee on nutrition and through debates and questions with the responsible minister in Parliament's house. If we manage to maintain and preferably develop our forward position as mining, we must protect and maintain the competence and knowledge that exists from mapping to aftermarket.

Today, the authorisation procedures for Swedish mining are long and difficult and also spread across several different authorities. Unfortunately, the conditions for the licensing of mining activities have begun to slow down in recent years. We believe that the government must begin to determine the cases of processing concessions collected on the government table, everything else is unacceptable. The vast majority of cases relate to norrbotten.

This year, Parliament addressed a so-called announcement to the government which, among other things, aims to avoid the exact deaths of the mining mining process. We will continue to follow the question and lift the issue where we can, however, as I said was the responsibility of the government."

https://www.bloomberg.com/news/articles/2019-10-09/sweden-needs-to-borrow-like-crazy-to-ease-the-economic-pain
or they could start giving a toss about their economy

..and...
Now, new business minister Ibrahim Baylan and his government colleagues are trying to quickly save what can be saved.

Sharp decisions are needed to show that there is seriousness behind the ambitions to develop Sweden as a mining nation. Otherwise, it will be very difficult to defend the Social Democratic mining policy in the 2022 election movement.

Long-term and unpredictable authorization processes scare away investors.

Olov Abrahamsson
04:40 | 2019-10-10

MP Mattias Karlsson (M), Luleå, has decided to notify the Government to the Parliament's Constitutional Committee (KU) for the late handling of the processing concession for Kallak, the iron ore deposit in Jokkmokk.

It is no wonder that Karlsson and other opposition politicians take the opportunity to give the S-led government a nod. Unfortunately, the preparation of the Kallak case leaves some to be desired.

The company Beowulf Mining has carried out test drilling in the area since 2010 - and in April 2013 the company submitted an application for a processing license.

Since then - for more than six years - the case has been balled as a hot potato between Bergsstaten, the County Administrative Board of Norrbotten, the Swedish Environmental Protection Agency, the National Heritage Board and the government.

It is a management that has long since passed the reasonable limits.

In a debate article in Dagens Samhälle, January 2, 2018, nine Northern Sotho politicians - including Helena Öhlund, Älvsbyn, Robert Bernhardsson, Jokkmokk, Ulrica Hammarström, Pajala, and Niklas Nordström, Luleå - also reacted to the drawn-out process.

They pointed out that the tedious and unpredictable management of the government hampered the opportunities to develop the mining industry in Sweden, which is in conflict with the national mineral strategy that was nailed in 2013.

Unfortunately, they got it right. According to reports from the Canadian think tank Fraser Institute, Sweden has become less attractive to mining investors in recent years.

In 2016, Sweden was ranked 9th in the world. Now Sweden has dropped to 16th place, which is ominous.

As a reason, the industry states that the tough licensing processes in Sweden cost too much time, money and commitment.

It is deeply worrying for Sweden as an industry, but also for climate policy.

Swedish mining production is a world leader in both sustainability and climate-smart innovations. Therefore, it is bad if Sweden loses ground and investors instead apply to countries with poorer environmental and work environment conditions.

At the mining industry's autumn meeting on November 28, 2017, the then Minister of Industry, Mikael Damberg, spoke wisely about the importance of the mining industry. He emphasized the ability of innovation and the important role of industry in the transition to a fossil-free society.

It felt like the government was on the right track in mining policy and would help reform the permitting processes. Two years later, however, it is only to be noted that the problems remain. Kallak is a concrete and visible proof.

Thus, the government has left an open target for Mattias Karlsson and the Moderates - and it would be wrong for them not to kick the ball.

Now, new business minister Ibrahim Baylan and his government colleagues are trying to quickly save

Undernavigering
How Sweden is ruled
The democratic system in Sweden
The legislative process
The budget process
This is how the government and the Government Offices work
This is how the government is formed
This is how the government works
Work in the Government Offices
government Issue
Preparation of the case
Rosenbad and the history of the Government Offices
Medals and awards
Authorities and state-owned companies
This is how the EU works
Nordic cooperation
International cooperation
government Issue
When the government decides in a government case, it is the end product of a long and thorough preparation process within the Government Offices.

What is a Government Case?
Government matters are matters decided by the government. The issues that the government should or should try are stated in the form of government, which is one of the constitutions. The government is not allowed to decide on matters that the Riksdag has the exclusive right to decide on, such as legislative matters and the state budget. The government must also not decide questions to be tried by the court, or decide how another authority should use its powers of authority in a single case.

Examples of government affairs:

regulations with instructions on what an authority should do and what rules it should follow,
reviewing certain appeals by government decisions and
appointments of high-profile public services such as ambassadors, heads of state, directors-general of state authorities, boards of state-owned companies and rectors of universities and colleges.
Government meeting - decision on the matter
Government decisions are made at the government meeting, which is usually held on Thursdays. Before the meeting, the matter is drawn up on a list of other matters to be addressed. When the government has made a decision, it is notified to interested parties.

weekly Preparation
Before the government decides on the matter, the administrator, head of unit or head of administration reports the matter to the responsible government at a so-called weekly preparation that is held weekly before the government meeting. Most cases are settled in practice in this preparation.

case List
Prior to the government meeting, each ministry draws up a list of matters that the Cabinet Minister will decide on at this week's meeting. The agenda is published in the afternoon the day before a government meeting, that is, normally every Wednesday afternoon.

The fact that a case is included in the list does not always mean that it will be finalized at the government meeting. It also happens that matters that are not included in the list are still dealt with at a government meeting. Secret cases are never included in the list of cases.
NB - last sentence....

It would be pretty dumb to sell part of your company just before it took off. I imagine there will be a placing at some point but after the licence if awarded.

I can only repeat what kurt was told in an rns a few months ago....

I have to disagree - kurt made it clear that a suspension could come out of the blue - on any day - if the point of suspension was to avoid any market sensitivities then placing it publicly on the agenda would be ridiculous. As always, it may or may not happen any day now. Looking forward to the 7am rns's…...

if they suspend Friday morning we won't be worrying about any agenda...….

not on the agenda - but Swedes not running for the hills yet - still 1.15 sek over there

Mattias Karlsson (M) has submitted a KU notification regarding the government's processing license for Kallak. He wants the Constitutional Committee to scrutinize former Enterprise Minister Mikael Damberg and current Minister for Enterprise Ibrahim Baylan, but also the Ministry of Trade and Industry's handling and action on this issue.

Already in 2010, the company Beowulf Mining has conducted test drilling and test drilling in Kallak. They first submitted an application for a processing license for the Kallak project in April 2013 and have since been referred all the time - between the Berg State, the County Administrative Board, the Swedish Environmental Protection Agency, the Swedish National Heritage Board and the government. The government's case is now a second time for decisions, which they have done since July 2017, and has so far cost the company SEK 80 million.

The handling has been unsuccessful
Mattias Karlsson (M) does not think that one should jeopardize the tight position Sweden has in the mining industry, since Sweden has long been Europe's leading mining nation.

- Since the management was unsuccessful, it will not only be a problem for the company that has spent a lot of money on this, but also for Sweden. This means that other mining companies, even outside Sweden, do not dare to apply for this because the application management is not secure.

In the notification to KU, Mattias Karlsson (M) writes:

“Due to the government's inability to make a reasonable decision regarding the processing license for Kallak K no. 1, I mean that an examination of the Constitutional Committee is required. I would like the Constitutional Committee to review former Minister of Enterprise and Industry Mikael Damberg and current Minister of Enterprise and Industry Ibrahim Baylan, as well as the Ministry of Trade and Industry's handling and action on this issue. Firstly, I want the committee to focus on what organizational and other measures have been taken to reduce the processing time of this case, and partly on whether sufficient resources have been allocated for the preparation of the case.

REMARKABLY
- It is clearly remarkable that the government has not reached a decision yet. Even the Administrative Law states that they should be handled as simply, quickly and cost-effectively as possible.

Mattias Karlsson's own speculation is that the government will not agree. He believes that the Social Democrats want to approve the application, while the Environment Party puts wheels in the wheel.

He also says that the stringent environmental legislation and our high environmental goals are the explanation for the Swedish mining industry today being at the forefront in environmentally sustainable and climate-adapted mining.

- I hope that a KU report will hopefully speed up the government and that they do not want the examination, he says.

over there - more bargains here....