Member Info for tintin35

that's all I got....it will have to do I'm afraid - basically he seems in favour of them..

https://www.norran.se/affarsliv/ibrahim-baylan-norrbotniabanan-ska-byggas-etappvis/?fbclid=IwAR2q6awSomO_uzyXjKLtsb_UF2XfdpEhz_B4aRBGRAMJ-9-IiRk2t7vgaBA

Ibrahim Baylan has a positive view of the business community in northern Sweden. He says this in his first interview with Västerbottens-Kuriren as Minister of Industry.
- There is good access to infrastructure and access to huge amounts of clean energy which is something that is in great demand, says Ibrahim Baylan (S).

He further believes that there are good opportunities for the business community in the north to increase their investments and mention the mining industry and the forest industry as two examples.

VK: Will the entire Norrbotniabanan line be built?

- It is my opinion and has been for a very long time. It should happen in stages. I was chairman of the Parliament's Traffic Committee in 2008 when it was written into the Social Democrats' program that Norrbotniabanan is a strategic and important initiative and I have not changed my mind, says Ibrahim Baylan.

Digitization was highlighted in the government statement and it is also an area at Ibrahim Baylan's table.

- The trade is an example where digitization plays an important role. If you don't hang out you are gone. Sweden should not just keep up, but push on, he says.

Inlandsbanan ready for Kallak
JOKKMOKK Inlandsbanan is ready for ore trains from Kallak. "If the mining operation starts, we can offer transportation", says Peter Ekholm, CEO.

He believes that it is such a long time between a decision to open a mine that there is a need for freight trains that the Inlandsbanan has time to prepare for it.

- At the same time, there are several stakeholders and we have our plans for renovation, says Peter Ekholm.

He notes that the Inlandsbanan does not have the standard needed for freight traffic.

- We cannot integrate with the rest of the railway system. This makes it difficult to attract the big carriers. There we see a great need to achieve a Swedish minimum level.

Peter Ekholm is optimistic and refers to the fact that intensive lobbying is ongoing towards the state in order to receive money.

- We already said in May that we intend to equip the track and this will be based on the needs we see. It can be about Kallak. Should there be an establishment there, it is certainly certain that the transports would go by rail.

He explains that the company behind the mining plans in Kallak updates the managers on the Inlandsbanan about what is happening.

- So if they come forward in the plans, we can start the renovation in good time.

The Inlandsbanan, which already exists, need not have a costly and time-consuming planning process, which is required for new railways.

- We also do not need to interrupt traffic in the track, because we do not have any. So it will be cost-effective for us. And we all have permits, says Peter Ekholm.

https://aim-watch.com/articles/price-monitoring-extensions-explained/

just profit taking - shares never go up every day (although they are still up)......

spread generally reflects volume - economies of scale and all that - massive volume in Aktie hence their ability to have tiny spread - but if MMs are only selling a few shares they will want a bigger slice to make it worth while. Also aktie not a stock market.

the licence will be the biggest propellant followed by interested offer by LKAB (why on earth wouldn't they?) we also have good interests in Finland and a few other areas which would support the price.

More shares then when they went to 70p on speculation but more to offer - I think about 45p would be maximum but will probably be out before then....

8p paid - a long to go mind.....

1.07 as we speak - 9.6p - this could be what we've been waiting for for a VERY LONG TIME......

looks like the government are now backed into a corner and they know they have to make a decision. With less Greens and more Soc Dems in the departments I am very hopeful...as are the swedes.

1.05 sek now - shoudl be 9.4p FFS!

not sure - the good thing is that it didn't dive on Friday after it wasn't on the agenda - so this is a medium term rise rather than the usual hysteria over there...doeasn't take many buys or sells to move it over there (or here)

ahem...as we speak...

looks very likely we will breach the 1 sek today (a crown - fittingly enough) good luck Bemmers!

my lowest average down price paid (he says smugly) - God knows why - I think everybody hated them at the time - still....all good things etc - hopefully we will all be up on this soon - and what a journey it will have been - can't imagine the same excitement/depression from an ISA somehow.....
I seem to spend more time looking at Aktie these days and think of my sell out price being about 2 sek - but who knows....might get another chance at 1p again :(

https://www.netfonds.no/quotes/ppaper.php?paper=BEO-SDB.NGM

replying to myself (sigh) - 0.945 now - can't believe we are lagging so far behind....no money left behind sofa....

decent start again (like these small or one way moves!) - hit 0.918 so far (8.1p)

Operating cash flow for LKAB declined sharply in the fourth quarter to minus SEK 1,529 million from having been on plus SEK 587 million in the corresponding quarter of 2017. An underlying reason is the acquisition of the British industrial mineral company Francis Flower in December. According to Jan Moström, more acquisitions may be relevant in the future, but cannot comment on any concrete plans.

“Today, we are dependent on two heavy production units and one raw material. Now we are going through our possibilities to build a broader and more stable LKAB with more businesses and possibly other products than iron ore, ”he says.

The background to the more acquisition-oriented growth strategy is the discovery that the extensive ore body in the Kiruna mine is about to run out faster than expected, which Di reported in October. Exploration results then showed that the current main level at 1,365 meters deep only continues to deeper, which blurred earlier plans to establish a new main level of 2,000 meters below ground.

"As a consequence of the situation in the Kiruna mine, we conduct an intensive exploration project and we are developing the next generation of mining production systems in cooperation with Epiroc, Volvo, Combitech and ABB to adapt the production to the mineralization we hopefully find," says Jan Moberg.

The report shows that even higher payments in the ongoing social relocation in Kiruna and Malmberget weigh on the cash flow, together with increased working capital tied up in inventories, accounts receivable and pledged collateral on outstanding hedging positions.

Net financial items also declined substantially to minus SEK 790 million for the quarter, where the company noted the stock market trend towards the end of last year as an underlying reason for a poorer return on financial investments.

The Board of Directors, in which former Prime Minister Göran Persson sits on the chairmanship, proposes an ordinary dividend of SEK 3,164 million in accordance with the Group's dividend policy. This means an increase compared to the dividend for 2017, which amounted to SEK 2,882 million.
https://www.di.se/live/produktionsstopp-straffar-lkab-i-fjarde-kvartalet/
If only there was some more ore out there.....

Beowulf Mining / LKAB status from DI / LKAB status from DI
Yesterday 19:08 IP:
Production stoppage penalizes LKAB in the fourth quarter

The state mining giant LKAB reports a lower profit for the fourth quarter of 2018, heavily due to weaker production volumes, while at the same time operating profit is strengthened by higher iron ore prices and stronger dollar exchange rates.

Now CEO Jan Moström is opening for more acquisitions and broadening the company beyond iron ore.

A total stop in LKAB's pelletizing plant in Svappavaara since September when the need for extensive maintenance was found, lowered production considerably during the fourth quarter by 1.3 tonnes. lower delivery volumes as a result.

According to the company's annual report released on Friday, it is one of the underlying reasons why the result deteriorated during the period to SEK 1,110 million for tax, which can be compared with SEK 1,371 million for the corresponding quarter of 2017.

”We operate six pellet plants today, so roughly you can say that one sixth of the processing process stood still during the fourth quarter with the maintenance work in Svappavaara. Now we do not expect to make any more cold stops in 2019, ”says LKAB's CEO Jan Moström to Di.

You have also suffered from production disruptions in the Kiruna mine. How should you secure the operation?
“We are now carrying out a large number of measures with the goal that maintenance must be planned and predictable, while we also review how we can reduce the total maintenance peak time. It includes consolidating a number of units, but we are in the middle of the process and get back with more concrete details ”.

Thanks to higher prices for highly processed iron ore products and a stronger dollar exchange rate, the mine giant can still count on a 44 percent higher operating profit of SEK 1,900 million. At the same time, sales increased to SEK 6,911 million, compared with SEK 6,208 million in the fourth quarter of the previous year.

The average global spot price for iron ore products is quoted at $ 72 per tonne during the quarter, up from $ 67 in the third quarter. Since the beginning of the year, iron ore prices have continued to climb, partly as a result of the production stoppage for the Brazilian major competitor Vale following the accident at the end of January. On Friday morning, the spot price for one tonne of iron ore is recorded at $ 84.73.

"It is too early to assess the full consequences of the Vale accident, but it is difficult not to draw parallels to the Samarco accident in 2015. Then we had a similar situation that led to 20 percent of the seaborne pellet market disappearing and a pressed pellet premium turned up really well, ”says Jan Moström.

Operating cash flow for LKAB declined sharply in the fourth quarter to minus SEK 1,529 million from having been on

and back in profit......looking good....