Good morning all. Looks like the last couple of days have just been about catching up with Sweden. They are starting well again today so fingers crossed.
RE: Zulu Assay Results and Pilot Plant Update26 Jul 2022 09:55
Having a pilot mine planned is good news, but I would have thought we should be seeing updates on indicated and inferred volumes. This is where the mine value is surely, not just quoting odd holes.
I dout very much if LKAB would get as much push back as "an outsider", even one that is 75% owned in Sweden, but who knows. White Knight, Black Knight, Green Knight, Goodnight :-)
LKAB are the natural buyer/owner of this, and probably the only one that can keep it moving seamlessly. The question is whether we will get a fair price at some point or whether they will steal it
So we have to pay back the loan by feb 23 or the loan plus 1.5% per month will convert to shares. About 40mill shares at this price. So where does the income to pay the loan come from as at that time we donāt even have the environmental permit. Price rise of the Sami case is rejected? Mine investor? Any ideas
I understand FF. Just being light-hearted. On paper, I own about $140million dollars of Iron ore (in the ground) but the actual value of the stock is no more than a decent car hahaha . It's a bit frustrating but there ya go.
I guess the potential catalysts for SP increase will be an actual timeline to a mine with a finance plan, or, a list of possible suitors for partnership or sale of Kallak (LKAB hopefully). Is anybody expecting any news soon?