Beowulf Mining Share Discussion Threads

[anley] 20/6/2014 15:54

and now the price has hit a new LOW..........is this a squeeze to finally get all the stale bulls out?

[anley] 19/6/2014 09:55

You will have to come to the AGM...............

[mikes333] 18/6/2014 17:35

where are the proposals for the AGM you promised?

[zangdook] 18/6/2014 15:54

IG closed me out of this a few weeks back - my fault for being over-leveraged, but perhaps they did me a favour.

[frogkid] 18/6/2014 15:21

i'll be there with me box of rotten eggs

[anley] 18/6/2014 10:30

AGM on 11 July @ 10.30 in London - see above under NEWS for address etc.

[anley] 13/6/2014 11:46

Sort of agree with you ......... but the shares are not overvalued but offer fair value until such time as the mining license is granted and then the ball game changes..........

This share is one of the best mining gambles on AIM for 2014/15.

[buywell2] 13/6/2014 09:51

New thread needed

Beowulf Mining - Significant Overvaluation (BEM)

[anley] 13/6/2014 09:49

and its now down to $90 per tonne in OZ............but for BEM this is meaningless as they need to be a production company with a mining license.

[bulldog30] 09/6/2014 12:55

anley.... Australia , largest exporter of Fe predict average of $103 per tonne for 2015.

just google Price Prediction Fe 2015

[anley] 09/6/2014 10:26

I don't think anyone knows - do you want to give us your forecast?

[gavinbell] 09/6/2014 10:14

do we know whats the expected iron ore price next year?

[twitterman] 04/6/2014 09:20

Anley was in here with you back in 2010 along with cyprus. Unfortunatly sold to early.






worth casting your eyes over GWMO both Cyprus and i have bought in there recently

GWMO market cap £3m of which £2m is cash so current asset value £1m.
Drilling in politically safe Nevada,
Directors have bought up to £100k worth of share each and up to a share price of 3p,
Drill results soon and JORC resource to be completed by july.

The directors are excited by current prospects and are targeting a huge area for Copper and other mineralisation that may appear in commercial grading.

Current share price 1.2p and with asset value of only £1m there is huge scope for a complete rerating in the coming days/weeks.

Results are anticipated next week

[anley] 01/6/2014 12:01

The asset will be sold just as soon as ALL the jigsaw pieces are in place.....including the mining license.

The proceeds should then be handed back to shareholders with sufficient capital left to allow shareholders to participate in other possible mining and mineral developments.

So is 18p (the brokers price and possible sell price for our largest shareholder) within the grasp of the directors by the end of 2014?

Turn up at the AGM to find out.......................

[bob310] 01/6/2014 10:31

bulldog30

Just go away and sell up.

It will be sold before then.

[bulldog30] 01/6/2014 10:26

5 to six years is plausible for start up so better go back to sleep then.

[bob310] 01/6/2014 10:19

From the LSE site :-
Kallak - Sweden's next big iron ore mine Kallak deposit discovered Already in the 1940s, is located in Jokkmokk Municipality in Norrbotten. Jokkmokk Iron Mines AB (JIMAB) owns and operates the deposit under - search and development which are well advanced. The ore body is very large, at least 140 million tonnes, its upper part rises to ground level and are suitable well for open pit mining. Fyndighe - ten is approximately 1200 feet long and 150 to 300 feet wide. It is uppbor - range to about 300 meters depth, but continues at depth. The indications that this may become Sweden's next big iron ore - project's proximity to existing infrastructure. A high voltage transmission for electricity are very closely such as roads and railways. To example is the Inland Line only 40 kilometers away. Although the ore chemical composition - composition with magnetite is a advantage and thereto absence of sulfur, phosphorus or another that does not interfere at ironmaking or may cause environmental problems, for example acidification. Drilling has been done and is ongoing with high intensity. Trial mining of approximately 500 tonnes ore carried out in summer and autumn of 2013., the sample ore mined has provanrikats in eastern Finland at a facility that has process machines of size required for designing the process and facility planning that builds - gas Kallak. JIMAB, which is headquartered in Jokkmokk, owned by the British company Beowulf Mining PLC. Currently is about 30 people full-time employed in efforts to develop Kallak against mining. Mine start in five to six years is plausible. Source: hxxp://www.kopparbergmineral.se/sv/pdf/Natural_Resources_20140527.pdf Pages 12 and 13 Thanks to KassaQ at avanza. Best Regards Kallak

[zangdook] 29/5/2014 07:08

AYM moving into Sweden

[steeplejack] 23/5/2014 15:54

Iron prices down a quarter in 2014 alone,I fear the likes of BEM are stuck with Lanstead for the foreseeable future.Other companies have managed to slip the noose of these ruinous SEDA arrangements,Herencia got out of a deal with Lind but the price didn't recover as one might of expected.

[buywell2] 22/5/2014 19:11

Paid top whack again




turbotrader2 3 Jan'13 - 08:26 - 13513 of 14388 0 0

in

[superslob] 22/5/2014 18:29

An obvious AGM Q is (when) can we stop using Lanstead and find finance elsewhere on better terms. Whilst £ is nowhere near as readily available as a few years back, it is certainly easier than a year ago, if my regular minesite updates are to be believed. Surely we don't have to serve the whole 2 years of our sentence ....even prisoners get parole!

Any normal person would have asked to see examples of Cos whose SPs rose after using Lanstead - was he shown any or is that an impossible task because there isn't even one! Please ask him that Q!

[anley] 22/5/2014 12:38

I have read all the recent documents on BEM which have been published since the year end 31 December 2013 and I have talked to my Canadian portfolio manager on what he thinks the prospects are and the question we finally came up with was "what is the most important objective of the company".

There are other questions but for me it is the Mining License. Without this there can be no mining and therefore no business.

How long will this license take? ...........Allow a further 5 months and then the jigsaw puzzle will then start to take shape.

In the meantime we should let the management get on with its job but keep an eye on the share price and the effects of the Lanstead share deal which is most unhelpful as the amount of capital coming into the coffers of BEM is depressed.

A question on this will be asked at the AGM which I have estimated to be the end of June or the beginning of July allowing for 28 days notice to be given by the company.

When we know the AGM date then it would be sensible to produce a list of questions one could put to the board prior to the AGM.

[anley] 21/5/2014 18:56

Good point about shareholder dilution.