Preliminary results next week19 Feb 2021 13:26
I wonder what Kurt will add to last years update:
"Kallak remains the foundation asset of the Company. I do not need to repeat my comments from recent announcements, save to say we have met the requirements of Swedish minerals and environmental legislation to be granted the Concession.
"Beowulf is in the business of exploring for minerals and developing mining projects, thereby creating shareholder value. We are not interested in fighting legal battles, but if forced to do so to get a fair outcome, we will pursue that course of action with vigour. We have completed the groundwork with our legal advisors, making our case for being awarded the Concession and assessing our legal options should the Swedish Government continue to stall on a decision.
"Vardar has been a clear highlight for the period and an exciting addition to Beowulf. Fennoscandian is cementing its position in Finland's emerging battery sector. When it comes to Kallak, we have been steadfast in our commitment to the project since we were first granted an exploration licence in 2006. We have invested over SEK 80 million.
"Most importantly, there is significant local support for Kallak, which we intend to honour by partnering with the community in the development of a modern, sustainable and innovative mining operation, thereby contributing to the resurgence of Jokkmokk; a brighter economic future for the town, one that it deserves.
"We look forward to keeping the market updated on further developments across our business areas."