Beowulf Mining Share Discussion Threads

[liberatingsteptoe] 20/11/2015 09:13

Well, what can I say? Think I now have my money back for a start, but something seems to be going on!
LS

[abergele] 19/11/2015 18:29

Evening anley2,
yes it does bode well,,I expect they've all gone as you say,they wouldn't have to report those interim stages of sells would they?from was it almost 15% down to 12%..so a nice take up done..

I have just been checking the ownership by percentages,and apart from Lanstead.tdw investers plus Barclays,and bar management of over 1%,,
28% total,...that leaves 72%...who owns the other 72%...???
that's a heck of a lot of smaller individuals holding this together..

Am I reading my brokers figures right ,430 million shares in issue?

that's about 312 million shares in a lot of sticky fingers..

[anley2] 19/11/2015 09:37

Good to see Landstead down to 11% with the sale of 12m shares.......the market absorbed them which again is a good sign.

[abergele] 18/11/2015 08:32

This share sees no boundaries so far,making an effort to reach 5p it seemed.
when the m/m's are short of stock it moves fast..

[abergele] 17/11/2015 14:57

Number 3 now, quite feasibly it could be 2 before the end of day,but I doubt we can double today from here.....go on, prove me wrong BEM

[abergele] 17/11/2015 13:14

Number 5, on the top risers,,if this doesn't attract some fresh blood,
I'll eat my hat...

[abergele] 17/11/2015 12:47

A small retrace is to be expected with such a rise we've had,
as it stands over the last 5 days,plus todays so far,and is approx.,as some trades can be ambiguous..are.3,922,069,..buys...v...2,775,992,..sells..
so as long as we can hold and others will notice this two days generous rise,
will join in the investment,we can say all's well so far...gla

[martin collins] 17/11/2015 11:48

Thanks Anley, I was hoping it might seem that way to others, pity its falling back now though.

[anley2] 17/11/2015 11:40

For me a good sign as news must be on the way as you would not have this sort of T/O on a dull/normal trading day...............

[martin collins] 17/11/2015 11:19

I notice that this went into auction twice this morning, is this considered a good sign or of no consequence?

[anley2] 17/11/2015 10:23

Only the news that Bob Young the founder of BEM has died recently.........a big loss to the mining industry.

[abergele] 16/11/2015 16:49

I have been a shade late topping up,and it's not even showing up,why is that,at 16.20pm

[abergele] 13/11/2015 19:16

Looks to me as though I should have topped up again today,as the chart looks set to lift again 4.65p...very nice..gla

[anley2] 09/11/2015 13:49

BPH problems in Brazil may mean an increase in the price of Iron Ore pellets which is what this mine was all about..............

[23blade] 30/10/2015 11:02

My guess is mid December, I emailed the government rep but she wouldn't even provide an estimated date.

[anley2] 30/10/2015 09:57

What is next on the menue Kurt.............nothing from Sweden??

[worrier] 19/10/2015 15:15

Worth a look

hxxp://cloud.magneetto.com/wonderland/2015_0917_Beowulf_Mining/view

[m_don] 15/10/2015 17:09

LOL, chalk and cheese!

[nash81] 15/10/2015 15:39

from lse - SBLM is three times cheaper??

from lse

SBLM has coal and iron ore:

- iron ore reserves around 200mt and DSO too (ie at surface, hence cheaper cost)

- this reserves is larger, for example, than BEM (BEM around 150m) and yet BEM mcap around 18m while SBLM only 7m

- SBLM was 100m mcap when the reserves were half the current size and iron ore price was 3 times higher in 2013 (around $140). so, with iron ore price now only 1/3 (ie $50), hence 100m/3 = 30m mcap, ie expected similar comparison indicated that SBLM should be around 30m mcap

- and this 30m mcap direct extrapolation was based on much lower reserves and less progress. we now already have mining licence and production licence. and about to go production next year.

- BFS is expected by end of 2015 and more Nimba iron progress report expected soon too.

Coal
- in sept we signed agreement for 600-megawat coal power station with zimbabwe govn. KIBO also have similar agreement with another african countries and its mcap now around 20m
- more updates are expected soon too.

note:
- SBLM has strong support from african govn and have around 50% of shares owned by directors/ex-directors and institutional investors (see website)
- i only made simple comparison with BEM /KIBO as an example only.

judging from these two assets, SBLM should be imho around 30m at least. at the moment mcap for SBLM only 7m.

lots of upside potential imho

dyor

[anley2] 15/10/2015 10:24

iLeeman..........my bullish forecast based on Kurt pulling a rabbit out of his hat is now 7p and that includes licenses.

[gavinbell] 14/10/2015 15:51

interesting that JLP also issued RNS for warrant exercise, similar to BEM today. judging from JLP record in the past, good news usually follow warrant exercise. is licence news coming over there first?

[ileeman] 13/10/2015 11:37

Still looking good. Broken resistance on volume, hold above that line and will run this week.


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