Share Name Share Symbol Market Type Share ISIN Share Description
Beowulf Mining Plc LSE:BEM London Ordinary Share GB0033163287 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 6.50 883 00:00:00
Bid Price Offer Price High Price Low Price Open Price
6.00 7.00 6.50 6.50 6.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -0.43 -0.04 39
Last Trade Time Trade Type Trade Size Trade Price Currency
08:32:17 O 883 6.00 GBX

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Beowulf Mining Investors    Beowulf Mining Takeover Rumours

Beowulf Mining (BEM) Discussions and Chat

Beowulf Mining Forums and Chat

Date Time Title Posts
10/10/202008:02Beowulf Mining - Significant Undervaluation15,526
19/2/201914:53BEM reaching for new heights239
03/2/201708:37Beowulf Mining - Significant Overvaluation193
16/5/201408:55Beowulf One2One Forum 15th May-

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Beowulf Mining (BEM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-10-26 08:32:186.0088352.98O
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Beowulf Mining (BEM) Top Chat Posts

Beowulf Mining Daily Update: Beowulf Mining Plc is listed in the Mining sector of the London Stock Exchange with ticker BEM. The last closing price for Beowulf Mining was 6.50p.
Beowulf Mining Plc has a 4 week average price of 6p and a 12 week average price of 4.10p.
The 1 year high share price is 7.50p while the 1 year low share price is currently 3.20p.
There are currently 597,730,179 shares in issue and the average daily traded volume is 135,535 shares. The market capitalisation of Beowulf Mining Plc is £38,852,461.64.
anley: It looks a better bet now than a few years ago. I was one of the original investors at 1p and bought again at 5p and then sold them all at 20p only to see them rise to over 70p a year later and that is when all the trouble started. I have followed the company ever since and I am thinking of putting my original investment back in again,,,,,,,,,,,,,,,at what price - that is what I am wondering.
nashwan123: hi Alan Like 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.
nashwan123: COVID has given Kallak an unexpected boost to the value of the mines. Iron-Ore Prices Surge on Impending Demand-Supply Imbalance in Commodity News 08/06/2020 Iron-ore prices are currently trending above $100 per ton and clocked a year-to-date gain of 10%. A surge in coronavirus infections in Brazil has triggered worries of a supply crunch for iron ore, while demand in China remains strong. This has led to the price rally of the steel-making commodity. So far this year, iron ore and gold have been the only metals that have not suffered price slumps in the backdrop of the pandemic.
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’s the likelihood of demonstrations and Sami lying in front of bulldozers.Kallak is a bit like a third Heathrow runway.Its anyone’s guess.
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.
alangriffbang: Really odd ,the share price is still dropping and yet there are still plenty of buyers out there , at 81 years old I don’t think I will be around , have held a large holding for donkeys years ,
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’s no guarantee that demonstrations,objections etc won’t interfere with Kalak construction.However,I find the relative market caps of Beowulf and Horizonte Mining (as two junior AIM exploration stocks)pretty inexplicable.Horizonte is valued at only £45m compared to £27m for BEM.Horizonte appears very underrated on a comparative model.
alangriffbang: Nice to hear from you Andrea ,I’ve held many shares here for many years I am now 81 years old so may not see the end of this ,hope your young enough to get a big payout , I have noticed that there is a lot of buying in our share this morning but can’t think of a single reason why!
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.
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.
Beowulf Mining share price data is direct from the London Stock Exchange
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