Sweden’s current government looks increasingly unlikely to survive the September election. Good to see opposition leader Magdalena Andersson pushing for wider, open pacts with more parties. $DMX.V $DMX $AEE
2/2 The Board warns that the proposed mining area overlaps heavily with protected cultural heritage, tourism, and the Önsta Natura 2000 ecological reserve. They state extraction will be very difficult to reconcile with the environment and demand clearer maps. $AEE $DMX.V $DMX
🧵 1/2 Jämtland’s response to the remiss regarding the declaration of Häggån as a national interest : The Geological Survey of Sweden (SGU) wants to protect the area for its valuable minerals , but the County Administrative Board has issued strong warnings. $AEE $DMX.V $DMX
@Comm_Invest Hey, as a resident of Sweden, what's the general mood regarding the opposition's prospects? Is there any possibility of a national ban after the elections?
(4) • A key point going forward: V + MP + S should not secure an absolute majority in the next election, as that would allow S to govern from the left without needing support from centrist or center-right parties.
(1) $DMX.V $DMX Today's vote summary:
✅ The bill passes.
✅ No municipal veto.
✅ Even S votes in favor, although they reserve the right to support a municipal veto specifically for alum shale / uranium in the future.
Key takeaways:
For Sweden, the lesson is clear: we must accelerate the transition away from fossil fuels. Greater energy independence strengthens us, and reduces our vulnerability to conflicts beyond our borders. (2/2)
@Bayliss211 @trickshot9696@svrgnintntl Wouldn’t the logical thing for a buyer be to just buy the whole thing? With massive discount obviously, if there is only going to be a small mine in the near-medium future.
@Bayliss211 @oscar37665812@district_metals@Comm_Invest 1. Yeah, thanks, I was actually thinking about this possibility. Since Viken is one continuous area, and considering the intention to eventually sell it in the near/medium future it could make sense to complete a PEA on the historic Viken deposit first…
@Bayliss211 @oscar37665812@district_metals@Comm_Invest 2. Would it make sense to value the historic deposit at a smaller discount to NPV compared to the new zones (since it already has the PEA), then sum everything up to estimate an approximate sale value? What kind of discount percentage could that be? Thanks, David
@Bayliss211 @oscar37665812@district_metals@Comm_Invest 1. Hey David, how would you value a potential sale of the entire Viken property after completing the PEA on the historic Viken deposit and drilling the new areas?…
@Bayliss211 @svrgnintntl But here you’re only talking about the current Viken deposit, right? If Zone A gets confirmed and a PEA is done there, it could be even better, right? And we also have to consider the rest of the zones, even if the PEA is only done in one of them, plus the rest of DMX properties?