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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Beowulf Mining Plc | BEM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 19.00 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 19.00 | 19.00 | 19.00 | 19.00 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 16/2/2024 10:11 by gb904150 How is it that BEM have achieved so little over a period of 25 years and yet are still supported by investors? Who keeps stumping up the money?! A mystery to me. |
Posted at 29/6/2022 10:17 by sj74 The appeal, it goes through the courts and gets analysed to see if the government were unlawful in their decision. Could be a while, or only short, hard to tell. It's not stopping BEM from progressing the project though. There are always appeals to projects. Better being this way round than is appealing against a no decision. share price on the floor, not a bad time to buy if you believe in the fundamentals and where this is heading in the next few years. |
Posted at 07/12/2020 07:20 by alangriffbang This is the BEM site , |
Posted at 10/6/2020 11:06 by nashwan123 hi AlanLike you I have been here a long time and took a big hit selling shares I bought at 50p years ago.I cannot believe the intransigence of the Swedish government (or more like a cabal of interested individuals)almost acting ultra vires. Maybe cV 19 and its pending impact on the economy will twist their arms.Unemployment is as big a curse as COVID. If the government refuses BEM a license and condemns locals, without work in Jovik, they may well vote for an alternative. Power is virtually the only desire politicians crave.IMHO the balance of a decision is increasing into BEMs favour. |
Posted at 27/5/2020 07:32 by steeplejack The Swedes are a funny bunch.They like the Sami,are very environmentally friendly but then hold frequent car rallies featuring dirty polluting old gas guzzlers.It would be logical to think that BEM wouldn’t waste money on further exploration if they thought a permit wouldn’t be forthcoming but actually they might just want to strengthen their hand by enhancing the Kallak cause as being a good commercial proposition.Keeping the pot on the back burner so to speak.Frankly,I reckon the likelihood of a permit being awarded remains about 50:50.Even if a permit is awarded,there’ |
Posted at 11/2/2020 10:15 by andrea152 Couldn't agree more, Steeplejack, but I think it's more that BEM is VERY overvalued, given that they have NO chance of devloping Kallak, without a Swedish Partner owning most of the Company, or buying it for relatively little money (LKAB ?). Suspect the Swedish Govt wud b quite happy to let BEM go bust , then LKAB can pick up the assets for pratically nothing from he Administrators.HZM, on the other hand, is a proper company, with a proper BOD, with huge assets, which are actually needed right now (unlike Iron Ore) and in a country where Govt does give a damn about creating jobs and moving their mining industy forwards. Their share price IS very undervalued , at present. If a Swedish Company had held BEM's Assets, this would have been developed 10 yrs ago - but CSP messed it all up at the start, by being inept & disrespectful to locals, and THAT was the kiss of death. IMHO. DYOR. GLA. |
Posted at 03/2/2020 07:43 by steeplejack The assumption must be that the Swedish government will continue to play ostrich in respect of Kalak.However,it should be remembered that BEM is over 50% owned by Swedish investors.Also,the company is committed to developing a clean and environmentally acceptable way of extracting iron ore.If the authorities can’t go along with that,then they may as well kiss goodbye to any such projects ever being developed within Swedish borders.The implications are extensive.The legal route is expensive but there’s clearly little alternative.Its pretty meaningless doing back of the envelope computations of what Beowulf is worth given this or that because you’re necessarily making an assumption as to what the outcome of Kalak will ultimately be.Even if approval is granted,there’ |
Posted at 28/1/2020 10:32 by andrea152 It is still not too late to proceed with legal action against the Swedish Govt, but that would be the last throw of the dice for Kurt. Sale of asset to LKAB still possible ?He shud raise some more money and DO IT !! The other 2 BEM projects are worthless in my view and the Company as a whole certainly does NOT justify a £28m mkt cap at present - try £3m for a more realistic figure - i.e. less than 1p/share. IMHO. DYOR. GLA. |
Posted at 03/12/2019 15:11 by andrea152 Just saying it's grossly overvalued for the current state of play with the Swedish Authorities. Most companies at this stage of obtaining mining approval are valued at £5m or less , as without the mine and the permission to mine, the company is effectively worthless , except for a small amount of carry on the cash in the balance sheet.That would put BEM at 1p or less with the current number of shs in issue. Kurt should have gone for Legals Yrs ago - it's the only way to break the impasse, and even that is not guaranteed success. Failing that, talks with LKAB, then get what you can for Kallak and move on, or return cash to long suffering shareholders. Finland will prove to be worthless - read what Anly says, he speaks the truth on graphite and graphene ! IMHO. DYOR. GLA. |
Posted at 04/11/2019 10:12 by andrea152 well you're right alangrifbang, BEM been going on for over 10 yrs now, with NO meaningful progress in the Main Asset in Sweden.An Analyst with a major UK Broking firm told ne 3 yrs ago that Kallak would NEVER be granted a mining licence as the Swedes want the Kallak asset to be developed by a Swedish Company such as LKAB. Kurt needs to approach LKAB, sell it, then wind up BEM and return the cash to shareholders. The other 2 assets they own are meaningless, in the overall scheme of things. Only other thing KB cud do, wud b to go to Legals with the Swedish Govt, to force them to make a decision on Kallak , but that cud cost a lot of money and still not produce a tangible result for Kallak licence - it's a big gamble. Just another Dead Minnow on the AIM Junior Mining Mkt now, after promising beginnings, but CSP fekked it all up at the start with his attitude to the locals and the Swedish Govt., and it hasn't recovered since. IMHO. DYOR. GLA. |
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