Beowulf Mining Share Discussion Threads

[aim_trader] 16/5/2014 09:55

To view Beowulf's presentation from last night's Proactive Investors One2One Investor Forum, click on the following URL
ives/documents

[anley] 16/5/2014 09:53

As shareholders we are entitled to have a moan.......this is a right and on the main market of the LSE this moaning is getting a head of steam as unsatisfactory boards get cross examined by the shareholders.

Back to BEM................

This board has had over 3 years to get this so called high grade resource proven. This was No2 point I made in my recent post. It is my belief that either the brokers do not understand the results which are rolled out from time to time or they could be fudged.

I am not a miner but I have been an investor in mining shares (mainly in Canada) for some 7 years with success. What seems to happen over on that continent is very different to the way funding and management is done her in the UK. BEM is my only UK mining stock along with Glencore.

I am pleased that other shareholders are getting vocal about the way the company is run and we need to put as much pressure as possible on CSP. The first thing he should do is cut out any further presentations.

[bob310] 15/5/2014 20:36

Anley and Bulldog moan all the time.

Beowulf has some cash which better than most junior miners on AIM.

The mining licence is due sometime this year. Then we will see what the true price will be.

[mikes333] 15/5/2014 19:43

Ho Go Ho Ho, if you have done any sort of research this is a high grade resource which will get permitted soon. Yes, financing has been unfortunate (+ cost of hair do's has gone up) But seriously this WILL happen.

[superslob] 15/5/2014 18:04

Anley, we may as well wait till the license decision, having waited this long. I agree with you that today's presentation will virtually be a waste of time, seeing how CSP seems contemptuous of us PIs, save for small chance he may stumble upon a financier offering better terms than Lanstead.

Whilst I believe shares will be worth considerably more than 18p if we ever get above-stated permit, why would new investors 'take a punt' when even BOD won't and brokers direct BEM elsewhere for finance (Lanstead) - what was other choice ....Glaswegian loan sharks!

I don't know if anyone's been watching the C4 prog ''Posh Pawn'' which airs at 8pm on Thurdays, including today, but I'm half-tempted to suggest CSP contacts boss James, in this regard.

[buywell2] 15/5/2014 14:54

Not looking so hot is it ?

[anley] 15/5/2014 14:46

So what its all the same old pitch.......nothing will happen until my questions are answered by this current board.

As shareholders my NEW question is "how long should we give this board to demonstrate that the shares are worth 18p" - that is the brokers price which will have been agreed with the board.

[bulldog30] 15/5/2014 13:37

reggie

I expect that BEM broker and Nomad have had a preview.

[reggie123] 15/5/2014 12:55

Presentation today....that should take BEM into the 3'sClive's the man

[bulldog30] 15/5/2014 11:35

anley Another 10% drop today says it all ?

[anley] 13/5/2014 09:44

I keep getting the feeling that there is something really wrong with BEM.

Is it the management........
Are the results fudged......
or what as this company struggles to get to the starting gate as BULLDOD points out.

The large 25% shareholder is a seller at the appropriate time. I would suggest somewhere between 12p and 15p. As they were introduced by BEM's broker that is short of the 18p they say is a realistic price for these shares...........

As readers of this BB know I keep asking what is the value of this company but no one seems to have a clue so the price remains depressed and will remain so until this is made clear either by the brokers or by the large shareholder disposing of his stake to someone who will want to buy a controlling interest and change the management.

Think about it................and post your concerns as capital is not flowing in to BEM because of the low share price via the deal with the large shareholder.

[bulldog30] 12/5/2014 10:11

Anley I agree and I was at a Pro-Active presentation given by CSP about three years ago which was VERY thin on meaningful facts but full of hype. No serious drilling programmes completed since then and until he can show a large MEASURED resource to JORC 2012 standards then not even at the starting gate IMO.

[anley] 12/5/2014 09:57

Same old story ............. I wonder if it is all worth the effort? Save the expense and use it to get on with developing the business.

[metex] 09/5/2014 22:20

Another BEM Presentation.

Proactive Investors on the road next week in Dublin, Manchester and London



Proactive Investors One2One Investor Forum - London

Thursday the 15th May 2014,
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB



Beowulf Mining is focused on several potentially very prospective deposits in the north of Sweden, one of the world's oldest producers of base and precious metals.

An iron ore sample for the northern section of the flagship Kallak target recently was proved to be of saleable quality and drilling has resumed here and also at Kallak South to beef up the size and quality of the resource.

An exploration permit for additional ground to adjacent to the Kallak deposits, meanwhile, has substantially increased Beowulf's footprint in the region.

Drilling is also underway at another Swedish prospect, the Ballek copper gold target where a 350m hole was completed earlier this year and early indications are described as promising.

Cantor Fitzgerald has a share price target of 18p, far in excess of the current market valuation. Joining us to explain why its Swedish prospects have that kind of potential is Clive Sinclair Poulton, Beowulf's executive chairman.

[metex] 28/4/2014 22:33

Minesite Article:

[metex] 25/4/2014 20:58

98th Minesite Forum Presentation 24th April 2014:

[anley] 24/4/2014 15:05

METEX........we know this but my questions to the company arrives out of the statement they have just made.

In any case I still wonder what the 25% shareholder will do and how much BEM will benefit if the share price goes above the strike price of some 8p+.

Shall we debate this and does anyone else have a comment to throw at the BB?

[metex] 24/4/2014 13:52

Beowulf Mining (LON:BEM) has now submitted an updated exploitation concession application for its Kallak North iron ore deposit to the Swedish Mining Inspectorate.

Receipt of an exploitation concession for Kallak North would grant Beowulf the right to work the deposit for at least 25 years.

As its most advanced iron ore project to date, Cantor Fitzgerald said it would expect award of this permit to provide a significant driver to the share price. Cantor keeps its buy recommendation and 18p target price.

[anley] 24/4/2014 10:12

Clive..........."a formal decision in due course".

What is the timing on this please?

AND

What other matters have still to be agreed or debated?

It looks as though BEM is a long way off obtaining the licence and its costs I hope are all under control?

[metex] 24/4/2014 09:32

Proactiveinvestors:

[metex] 24/4/2014 07:54

RNS - Kallak North Update:

24 April 2014

Beowulf Mining Plc

("Beowulf" or the "Company")

Update re Kallak North Exploitation Concession Application

Beowulf (AIM: BEM; Aktietorget: BEO), the mineral exploration and development company principally focused on the group's Kallak North and Kallak South iron ore deposits in northern Sweden, announces that, further to the Company's announcement of 19 March 2014, its wholly owned subsidiary Jokkmokk Iron Mines AB ("JIMAB") has recently submitted an updated exploitation concession application for the Kallak North deposit to the Swedish Mining Inspectorate at Bergsstaten. The Kallak North deposit is located within the Kallak nr1 permit area within the municipality of Jokkmokk in Norrbotten County in northern Sweden.

The updated application is a revised and expanded version of the original submission made in April 2013, following the County Administrative Board of Norrbotten's ("CAB") request in late November 2013 for further information and clarification on certain aspects of the Environmental Impact Assessment ("EIA") component of JIMAB's original application. JIMAB has now added certain supplements to the EIA along with further technical description and commentary. The enhanced report comprises 164 pages, including various figures and tables, with an additional 16 appendices of more than 200 pages in length covering various technical and specialist aspects based on work performed by well-renowned expert consultants appointed by JIMAB.

In summary, with the assistance of its appointed Swedish consultants referred to below, JIMAB has supplemented the original EIA prepared in connection with the Kallak North exploitation concession application in the following principal areas:

-- The reindeer husbandry section has been complemented by further analysis commissioned from the private consulting firm Swedish Geological AB. It has also been supplemented and revised based on certain comments and information received from the local Saami villages.

-- Additional investigations regarding safety aspects for hydroelectric power dams have been performed by Ramboll Sweden AB.

-- Questions raised regarding security issues surrounding any tailings dams for the project have been further investigated and addressed by Tailings Consultants Scandinavia AB.

-- Various comments received on the socioeconomic aspects have been responded to by the Luleå University of Technology.

-- Additional investigations concerning local hunting and fishing activity and specialist environmental aspects, including water ecology and water chemistry, have been conducted by Pelagia Miljökonsult AB in Umeå.

-- Additional information has been gathered regarding Areas of National Interest and other interests of importance in respect of general water management and military defence aspects.

-- Additional studies and inventories on the existing natural water sources in the project area have been compiled by Hifab International AB, together with reports on dust and air quality issues.

-- Further information has been obtained on the Laponia World Heritage site located more than 40 kilometres away from the Kallak North deposit, as well as on the general tourism industry in the Jokkmokk region sourced from the Destination Jokkmokk organisation.

The methodologies utilised in the enhanced EIA report have generally been developed and conducted in accordance with the comments received from the CAB and reflect the feedback from the constructive meeting held with representatives of the Norbotten County authorities in March 2014.

As announced previously, in accordance with Swedish mineral legislation and regulations, a concession shall normally be granted if: (i) a mineral deposit has been found which can probably be exploited economically; and (ii) the location and nature of the deposit does not make it inappropriate that the applicant be granted the concession requested. The successful receipt of an exploitation concession for Kallak North in due course would grant JIMAB the right to carry out mineral exploitation for a 25 year period, with extensions available if mining operations are on-going thereafter.

Clive Sinclair-Poulton, Executive Chairman of Beowulf, commented:

"Following extensive additional fieldwork, further research and analysis with our appointed expert consultants, we are delighted to have recently submitted an updated application for an exploitation concession for Kallak North and look forward to receiving a response to JIMAB's enhanced submission and a formal decision in due course."

[aim_trader] 23/4/2014 13:22

Beowulf Mining are presenting at The Mayfair Chesterfield on 15th May

Investor Forum with wine and canape reception

REGISTER HERE:

[bob310] 23/4/2014 10:03

anley,

Beowulf is in SETS, so you don't need a market maker.

[anley] 22/4/2014 17:38

In a way you are right as the MM lower their BID so as to keep a very balanced book.

When they reach 4p offered I will buy in again as my last buy was at 4.7p. I do like to buy assets at a discount.

[buywell2] 16/4/2014 13:25

Meantime 4p looms ever closer