Beowulf Mining Share Chat (BEM)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Beowulf Mining	LSE:BEM	London	Ordinary Share	GB0033163287	ORD 1P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+0.125p	+1.64%	7.75p	7.50p	8.00p	7.75p	7.625p	7.625p	1,132,408	14:40:51

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining	0.0	-0.6	-0.1	-	40.74

Beowulf Mining Share Discussion Threads

Showing 18076 to 18099 of 18100 messages

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Date	Subject	Author	Discuss
11/7/2017 11:28	Its not worth 5p but 2p and that is being generous. If you look at my posts over a year ago when the management changed I was the buyer at 1p+ and sold at 5p some months later. It was the first AGM for the new team and they were put there by the brokers but they were not impressive and that is one reason I sold to keep a nominal number of shares just to see what might happen. There is value in an AIM quoted company and for someone who has a new mining venture that too could be worth say 1p = my 2p. However, over 50%+ of the shares are now owned by Swedish investors and as I have said before its up to them otherwise there could be a very large loss by small shareholders with all the consequenses that follow a bust business.	anley	Read Full Thread Reply
10/7/2017 16:51	Yeah, I'm expecting this to drop below 5p over the next few weeks.	induna123	Read Full Thread Reply
10/7/2017 15:17	and now the government is going on holiday so no news until early October........(see 10 July News above)	anley	Read Full Thread Reply
10/7/2017 10:28	Well said especially the M/Cap point. How can a business with no prospects of earning within the next 10 years be worth millions? I see the price has fallen again this morning............	anley	Read Full Thread Reply
07/7/2017 10:59	My long held belief is : Why wud you want to set up a new, relatively small Magnetite mine, in Northern Sweden, when there is already a Global Excess of Magnetite, and a waning demand. After all, half of Australia is made of the stuff, and S Africa has a lot too, none of which is currently being developed. More to the point, the giant Kiruna Mine is 200 miles North of Kallak, and has been running since 1880, to produce 1bn tonnes or iron ore, but still has reserves of a further 1bn tonnes by most estimation - implying a further 100 years of mine life. Therefore why do the Swedes need another small -scale mine in the same region, which is bound to attract environmental issues from the Sami - as it has? At the very best, I think Kallak will end up as a very small part of LKAB's reserve iron portfolio, for distant future exploitation, - bought for not very much money. (LKAB own Kiruna as well, and are Swedish Govt owned). This duz not bode well for BEM, especially as it currently has a £48m mkt cap, which to me at least, overvalues the company by 10x, in the absence of a mining licence at Kallak. IMHO. DYOR. GLA.	andrea152	Read Full Thread Reply
05/7/2017 10:25	Governments change and the original licenses go back a long time.........but still a good thought. Did you know that over 50% of BEM's shares are now owned by Swedish investors so it would be them who need to think long and hard as to what has happened.	anley	Read Full Thread Reply
05/7/2017 10:00	Why were BEM granted a prospecting licence if the gov had no intention of allowing a mine? The two should go hand in hand imo. Companies should refuse to accept drilling licences without the corresponding mining licence gauranteed. Shareholders here have been defrauded by the Swedish gov.	breaktwister	Read Full Thread Reply
03/7/2017 11:14	Well said but I think 2/3p is the right price................	anley	Read Full Thread Reply
03/7/2017 10:22	Still think LKAB will end up owning this Iron Asset, in the end, but existing BEM shareholders will be diluted out of sight before that happens. I think Kurt will end up selling the Iron Asset to LKAB for not much money and the Swedes will have achieved exactly wot they set out to do 6 years ago !! Graphite MAY be a go-er, but most Graphite projects are currently loss-making, as Anley correctly says, so I wudn't hold my breath on that one either. Also, is BEM REALLY worth a mkt cap of £37m with no mining licence ? I don't think so. I wud value it at £5m maximum at present. IMHO. DYOR.	andrea152	Read Full Thread Reply
30/6/2017 13:23	It seems BEM has been given the 'swedish carousel' treatment.	induna123	Read Full Thread Reply
30/6/2017 09:46	anley, agreed - sold all mine today at a 50% loss..after 6+years	23blade	Read Full Thread Reply
30/6/2017 09:36	It seems that the end is neigh..............the government does not want the project and if this is true BEM has no business (graphite is a loss maker) so the shares are in a way worthless unless someone else wants a mineing shell. Sorry but I have been warning shareholders in my posts........take a loss and use the tax loss and find something you can make money.	anley	Read Full Thread Reply
23/6/2017 10:19	IANPUDDIFOOT..........go back to the original prospectus and then add the number of shares issued every time capital was raised including the ill faighted deal with the US Hedge Fund and then bring that number to the attention of this BB......... Please do not post unless you are able to have done your own research otherwise someone will come after you for posting unclear and in some cases false information. Question..........do you now think "we have not seen too much dilution"? On the point of appointing lawyers how much will this cost if say the company wanted to take government departments etc to court. Finally the country is going to be asked for its time table to join the Euro, which they don't want................worth a thought on how that will pan out within the EU.	anley	Read Full Thread Reply
21/6/2017 15:20	I think this is positive news, Asa engaging lawyers, means a possible yes decision is robust enough for any challenges.	23blade	Read Full Thread Reply
21/6/2017 15:20	I think this is positive news, Asa engaging lawyers, means a possible yes decision is robust enough for any challenges.	23blade	Read Full Thread Reply
21/6/2017 13:48	anley for an aim share we have not seen to much dilution, are you still holding those few shares?	ianpuddifoot	Read Full Thread Reply
21/6/2017 12:51	and so the story goes on and on..................	anley	Read Full Thread Reply
21/6/2017 12:12	https://translate.google.com/translate?depth=1&hl=en&;prev=search&rurl=translate.google.co.uk&sl=sv&sp=nmt4&u=http://sverigesradio.se/sida/artikel.aspx%3Fprogramid%3D98%26artikel%3D6721846 The authority Bergsstaten has now decided how to act with regard to the disputed mining plans in Kallak, but it will not be announced until next week that decision will be made. This is what the Bergsstaten's head, Åsa Persson, mountaineer says. The authorities' lawyers are in the process of formulating the decision and we are sure that it will be correct before we go out, says the mountaineer. There are several possible decisions that can be expected from the Bergsstaten, either yes or no to the mining plans, that the matter is sent to the government for a decision there or that opinions are requested from other authorities, such as the National Heritage Board and the Swedish Environmental Protection Agency, about the possible impact of the mining on the world heritage Laponia.	23blade	Read Full Thread Reply
21/6/2017 10:26	NO not at all because as time goes by you shareholders just get diluted as more working capital has to be raised. My bet is a sale of the assets with all the restrictions imposed by the Swedish government - that is if they get a license and then there will be huge costs de-risking the project ready for a sale or even trying to do the project themselves.....and so you go on never being told the truth by the current board. But now you have to add on the graphite project and as you know I have very serious doubts about its future. Hope this helps.	anley	Read Full Thread Reply
21/6/2017 06:43	Hi Anley this is one of your posts "So the question is...............where and how will BEM get the capital from to fully develop its mine? OR The asset will be sold but when and for how much? I will go for a sale of the asset and all that means for the share price" Have you changed your thoughts on this now?	ianpuddifoot	Read Full Thread Reply
19/6/2017 19:29	Anley they have done me well all in free float now, you just sound a bit bitter for some reason!!	ianpuddifoot	Read Full Thread Reply
19/6/2017 17:08	Anley, believe me mate I would have got out of this stock years ago if I could, I am hoping this saga is now close to the end game, if Asa says yes with conditions (very likely) the share price should reflect that and I may well bail at that point, assuming I am into profit. I do not intend tp hold this stock for another 6+ years that is for sure.	23blade	Read Full Thread Reply
19/6/2017 15:11	So they find a partner and that company/banker will screw you via the current managers. So what will you be left with? Understand that this mine if it gets what it wants will take years to build and bring in to production and at the moment Rio and Billiton are the two biggest IO miners so why should a bank want to lend at the moment? So have you looked at your risk and reward ratio and that goes for the rest of your portfolio? I post to warn punters..........	anley	Read Full Thread Reply
19/6/2017 14:25	anley if and when they get the licence, I imagine they will find a partner	ianpuddifoot	Read Full Thread Reply

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