bertyknows
- 11 Jul 2010 18:50
http://www.beowulfmining.net/beowulf-mining-home.html
http://www.miningmaven.com/blog/51-blog/147-beowulf-mining-qaa-with-the-management
http://clients.westminster-digital.co.uk/minesite/microsite/events/67/video/index.aspx?companyid=67_5
High time this share was mentioned on here given their prospects in Scandinavia. The above three links tell most of the story so far and also the indicate the enormous upside offered to investors buying this stock as well as the huge disparity to its neighbours mining in close proximity to Beowulf. I have been slowly tucking these away between 3.5p and 5p with a target of at least 30-35p this current calender year. The management have been talking to Chinese investors this last few months and indeed they are due to host the very same anytime now. They are also announcing their latest drill results in the next few weeks. A great time to start getting involved here, a very proven management team and the stock is backed up with ample cash in the bank to fund more drilling. It would appear management are racing to prove up 500 million tons of JORC ore and then auction the company off to the highest bidder. They also have gold, copper and moly projects as well as the vast Iron ore acreage all for a market cap of 4 million. This truly may well turn out to be the stock of 2010/2011 and little wonder the Chairman says there's something not right why BEM is valued at 40 times less than its neighbours. DYOR and you'll see the potential.
HARRYCAT
- 12 Nov 2010 16:06
- 23 of 38
Nice chart. Sadly totally missed this one.
aldwickk
- 12 Nov 2010 18:34
- 24 of 38
I sold to soon at 10p but still made a decent profit
robertalexander
- 06 Jan 2011 20:31
- 25 of 38
nice rise today. any ideas why? long may it continue.
robertalexander
- 11 Jan 2011 20:43
- 26 of 38
another double digit rise. keep on going. :)
ellio
- 12 Jan 2011 10:44
- 27 of 38
Holy smoke, watched and watched, I feel an idiot for letting this one slip, have know about it for years, oh well, well done any holders, was an easy 5-6x, maddening.
robertalexander
- 12 Jan 2011 20:06
- 28 of 38
was in at 5.87p sold at 9p back in at 15p sold half at 29p and the rest are flying. long may it continue. GLA
cielo
- 07 Feb 2011 16:20
- 29 of 38
Ready for the turning by the way of the TA
Andy
- 16 Feb 2011 00:09
- 30 of 38
FREE EVENT
The directors of Plato Gold Corp (TSX-V: PGC), Oracle Coalfields (PLUS: ORCP), Beowulf Mining plc (AIM: BEM) and ZincOx Resources (AIM: ZOX) will be presenting:
Thursday the 17th February 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB
FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/101
The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.
This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.
If you have any problems registering or queries please email events@proactiveinvestors.com.au.
gibby
- 09 May 2011 11:08
- 31 of 38
fantastic news - sp underpinned @ 45p - continued enablement of projects fast tracking
9 May 2011
Beowulf Mining Plc
("Beowulf" or the "Company")
Placing to raise 1,090,000
Beowulf (AIM: BEM; Aktietorget: BEO), the AIM and Aktietorget traded mineral exploration company which owns several exploration projects in Sweden, is pleased to announce that on Friday 6 May 2011 it agreed to place a total of 2,422,221 new ordinary shares of 1p each in the Company (the "Placing Shares") at a placing price of 45p per share (the "Placing") to raise 1,090,000 before expenses. The net proceeds from the Placing will be used to further finance the planned drilling, analysis, economic/conceptual and environmental impact studies on the Company's three major iron ore projects (Ruoutevare, Kallak North and Kallak South) and for general working capital purposes.
The Placing Shares were placed by the Company's broker, Alexander David Securities Limited, with both new and existing investors in the Company. The Placing is conditional on admission of the Placing Shares to trading on AIM.
The Placing Shares will represent approximately 1.49 per cent. of Beowulf's enlarged issued share capital. The Placing Shares will be fully paid and will rank pari passu in all respects with the existing ordinary shares of 1p each in the Company. Application will be made to the London Stock Exchange for the Placing Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and that dealings in the Placing Shares will commence at 8.00 a.m. on Friday 13 May 2011. The total number of ordinary shares in issue following completion of the Placing, and the total number of voting rights, will be 162,218,910. Beowulf does not hold any ordinary shares in treasury and accordingly there are no voting rights in respect of any treasury shares.
The aforementioned figure of 162,218,910 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Beowulf under the FSA's Disclosure and Transparency Rules.
Clive Sinclair-Poulton, Executive Chairman of Beowulf commented:
"We are delighted with the continued interest and support of investors in Beowulf as demonstrated by this latest fundraising at only a small discount to the Company's prevailing market share price. These placing proceeds will enable us to further progress the exploration and development of our very promising iron ore projects in Northern Sweden.
With continued strong prices coupled with the increasing need for iron ore as a raw material in Europe and further afield, we believe that investing in drilling and development will show the quality and strength of our asset base."
gibby
- 09 May 2011 11:08
- 32 of 38
should see some northerly movement!
gibby
- 09 May 2011 11:10
- 33 of 38
some kerrchinnnnggg as news filters through!
gibby
- 09 May 2011 11:12
- 34 of 38
btw 45.38p is a buy right now not a sell!!
gibby
- 09 May 2011 12:02
- 35 of 38
level 2 looking good!! plenty buys dudes and so it should - fully funded - sp underpinned - news pretty imminent - last time this happened rns under 2 days and excellent rise
gibby
- 09 May 2011 12:03
- 36 of 38
yeeeeeeeehaaaaaaaaaaa s
gibby
- 09 May 2011 12:09
- 37 of 38
its all blue - roll on 50p / 60p+ where the sp should be
niceonecyril
- 02 Sep 2011 08:09
- 38 of 38
Beowulf Mining positive on Swedish iron ore projects
Tue 2:24 pm by Jon Mainwaring and Jamie Ashcroft
http://bit.ly/qYwSre
Beowulf believes that Kallak South and Kallak North represent one large iron ore body
Broker comment from Shore Capital
Beowulf Mining (LON:BEM) said this morning that it continues to retain a positive outlook for the potential of its flagship iron ore projects as it reported interim results for the six months to the end of June.
The firm, which owns several exploration projects in Sweden, confirmed that it had received encouraging initial assay results from the first 22 holes of its 3,500-metre drilling programme at Kallak South. Earlier this month, Beowulf said that the drilling at Kallak South showed the ore body there extends 2.2 kilometres north-to-south, more than 200 metres east-to-west and its depth extends to more than 275 metres.
We have consistently stated our belief that the Kallak deposits have both depth and breadth, and the drilling results have confirmed this with initial results for the two Kallak areas combined suggesting the presence of a substantial iron ore asset estimated to be in excess of 600 million tonnes, said Clive Sinclair-Poulton, Beowulfs executive chairman. The recent drilling has also confirmed the quality of the ore, with high grades of more than 30 per cent iron being recorded.
Sinclair-Poulton added that the firm is currently awaiting assay results for the remaining holes drilled at Kallak South as well as laboratory analysis on the drilled cores. The drill rig has been relocated to Kallak North to test the true depth of the deposit there. We strongly believe that Kallak South and Kallak North are one large ore body and the presently ongoing 1,500-metre campaign will include drilling holes at locations between Kallak North and South to seek to verify this, he said.
During the period, Beowulf made a loss of 276,693, compared with a loss of 221,968 for H1 2010 and 474,395 for the whole of last year. At the end of June, the firm had 510,949 cash on its balance sheet, compared with 232,589 six months earlier; Beowulf raised 1 million in May via a share placing.
Beowulfs shares were up 7.9 per cent at 27.25 pence each at 8:38am.
In his daily note to clients, which featured Beowulf this morning, Shore Capital analyst Yeun Low looked forward to an upcoming resource estimate for the Kallaks.
Low claimed that a good maiden resource will be key to reinvigorating the share price - which, like much of the market, has come under pressure in recent months (it has fallen from a high of 75 pence in February down to the current price of around 27 pence). "We expect a significant boost if the company can demonstrate that Kallak is one deposit," Low said.