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Beowulf Mining Share Discussion Threads
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|Chart showing the price still well above the long term dma's,except the nearest short-term dma which isn't unusual imho.|
|Checked out,assuming all trades are true and correct,that there maybe over a million more sells than buys these past 6 days trading..therefore if we can shift them on pdq,perhaps a forwards momentum can be achieved once more.
Perhaps they dropped the offer to get rid of some overhang,assuming the cheapness of the sharprice, will attract buyers again....gla....|
|Great RNS', hopefully a positive conclusion before the end of December?|
|On the trades page, they are all shown as buys so far today....
Good to have two gamekeepers turned poachers on board. Should oil the wheels.
|My buy showing as a ?..so maybe all buys this morning so far..imho|
|It's hard to believe there won't be appeals, in view of how the Saammi have conducted themselves to date.|
|So we shall wait and see...................|
|PS - my understaning is it is only passed to the government if there are appeals?|
|The government returned to the MI based on Kurt's request, to make sure 100% there are no issues, the MI have already said yes, so I see this as a rubber stamp by the MI and then the Government, the question is how long will it take for the government to rubber stamp following a yes from the MI?|
|Decision before xmas?
mining concession Kallak K No. 1, Jokkmokk
Jokkmokk Iron Mines AB's application for a mining concession for the area referred Kallak K No. 1 relating to iron has been returned by the Government to the Mining Inspectorate for further examination.
The requested area is located approximately 2 km SE of village Björkholmen in Jokkmokk, Norrbotten. The application and related environmental impact assessment can be found below.
Any objections to the application shall be made in writing to the Mining Inspectorate and the environmental impact assessment of the County Administrative Board of Norrbotten, by 25 November, 2016.
|chugging along again|
|You may well be right but I to have been right as well about the direction of BEM.
The Finnish deal is a long term one and by that I mean 5 years of hard slog as well as how graphite can be produced at a cost that industry will pay. Perhaps Kurt should spell this out to shareholders and warn them that this is a costly "dig".
We shall have to wait and see but in the meantime I will keep my nominal stake and if I do add it will be when the licenses have been granted and a partner found as IO is still not at a price that BEM, even with capital, could make its mine profitable.
I am not bearish just being realistic...............|
|Exactly.....and yet, until today, Kurt thought (and may still think) acquiring additional Swedish assets such as Åtvidaberg was the best way to go for BEM!
I don't think he realises that the Finnish assets, whilst a distant second to Kallak in terms of importance to BEM, were so well received precisely because they weren't in Sweden.|
|and still no sign of the mining licenses............how many years have passed as I have now lost count?|
|Still good news.......£ coming in, albeit deferred, and less assets in Sweden.
After the despicable way Sweden's treated BEM over Kallak, the fewer projects/investments we've got in that country and the more we've got in Finland the happier I'll be!|
|A small cash raising today..........and deferred consideration due......well you tell me!!|
|10p target here imo.|
|Another jam tomorrow RNS. As always they will need to raise huge funds to even get this stuff out of the ground. They have not even the license.|
|nope, bought as thought momentum on RNSs would take it higher as impending news etc, and did rather well, thanks.! Doesn't always have to be about a long-term hold (although some of mine turn in to those haha)...gla|
|So at what cost and what dilution will this all make you money as that is why you buy these penny shares.........!!!!|
|BEM is not without its risks indeed, but moving sharply again today so as one new to BEM but enjoying the ride, these spikes do make you wonder IMO what is happening in the background....Recent RNSs appear very positive IMO/DYOR but yes it will no doubt take time for more value to out, if it is there that is!|
|I am not down as I have made a great deal of money from BEM over the last year or so. What makes me post is that one needs to warn small punters who know nothing about mining and how funding works and BEM is a classic case.......3 lots of management and over £5m spent and still no mining license after nearly 2 years......can you imagin what the management thinks?
You work it out and tell me where I am wrong............|
|Why you so down anley!!!|