
NEWSFLOW
Beowulf Mining (#BEM) – up to £2.1m PrimaryBid offer at 2.06p per share
- 2023-02-09 07:59:40
And now I turn my eyes upon Beowulf Mining (BEM) whose shares ran up from 6p to 15p in January on hopes of an imminent greenlight from the local County Administrative Board (CAB) for permission to mine iron in its Kallak North project in Sweden.
Shares in Beowulf Mining (BEM) plunged by 39.6% to 8.75p in morning trade prompting a suspension of the shares at just after 10 with the admission of quite disastrous news.