PERMITS

cosors

👀
Well…….most of the funds are run by the Trade Unions which also gift money to the Left of Centre Australian Labor Party

Cosors you are a bit of a Lefty so you should be rejoicing in the fact that the Unions are in control and doing as they see fit with members money

😀😃😅😂😄😄🤣😁

However I am from the Moderate Right in politics and I don’t agree with our Unions,

😀😃😅😂🤣

I have my own self managed super fund ( it costs $1,100 pa to maintain) with Mrs Monkey .

We get to make our own investments and decisions. Not “them”.

The establishment try and discourage that here by telling everyone it costs $5000 pa to have your own fund

It’s another lie
I've never been considered to be left-wing before. My first time 😊
I have to show that to my eco-left friends! They will be thrilled to finally include me in their bubble.
🧐😅

I strongly suspect that your self-managed super lends just as much to those you don't want to see at your pension. Weren't you one of the ones who confirmed that?

_____
...investing shares in your pension and at the same time not being able to prevent your investment from being used against your will.
____
I stand firm in the mid and will not fall.
 
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The only thing I don't understand is why there is no will in Australia to protect pension savings instead of embezzle them. For me, Australian pension funds are predestined to lend to shorters. It's not their own investment and they don't have to deliver to their clients, ...are just your pensions.

The pension fund strategy is to deliver higher returns in the long run, and lending to shorters is part of this strategy. If they have invested in a growth company for the
long term they expect to be rewarded in the future, and don’t pay attention to short term noise in the share price (Graham’s voting/weighing machine etc).

However in the short term they are also able to take a fee from the shorters for the service of lending their stock. For the pension funds it’s win/win.

In the long run the best companies will succeed despite shorting, and the ones that fail will likely have failed anyway. No fun in the short term when it’s happening to a company you own though.
 
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cosors

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The pension fund strategy is to deliver higher returns in the long run, and lending to shorters is part of this strategy. If they have invested in a growth company for the
long term they expect to be rewarded in the future, and don’t pay attention to short term noise in the share price (Graham’s voting/weighing machine etc).

However in the short term they are also able to take a fee from the shorters for the service of lending their stock. For the pension funds it’s win/win.

In the long run the best companies will succeed despite shorting, and the ones that fail will likely have failed anyway. No fun in the short term when it’s happening to a company you own though.
This reminds me of the words of the shorting investor who attacked WBT with announcement, who also spoke of the advantages for retailers or pension contributors of better volatility. Convinces me zero.
 
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DAH

Regular
Well…….most of the funds are run by the Trade Unions which also gift money to the Left of Centre Australian Labor Party

Cosors you are a bit of a Lefty so you should be rejoicing in the fact that the Unions are in control and doing as they see fit with members money

😀😃😅😂😄😄🤣😁

However I am from the Moderate Right in politics and I don’t agree with our Unions,

😀😃😅😂🤣

I have my own self managed super fund ( it costs $1,100 pa to maintain) with Mrs Monkey .

We get to make our own investments and decisions. Not “them”.

The establishment try and discourage that here by telling everyone it costs $5000 pa to have your own fund

It’s another lie
G'day WTM, you've been on 🔥 of late... Thanks for the entertainment!

Whilst the super & pension arena is messy and conflicted, SMSF's are not really the answer for the majority. Whilst you and I can run and administer them on the cheap, the reality is that for 95% of Australians it's not a feasible option. They're incapable of maintaining a compliant fund, and same goes for the investment piece. Between your mob and my mob $5k sadly isn't too far off the mark. The "control" aspect isn't such an issue any more given readily access to equities, ETF's, LIC's etc with most funds these days. The irony is that most with an SMSF end up with an overly complex portfolio that ultimately performs like an index fund at an exorbitant cost.

@cosors it might be of interest to you that some fund members here in Aust have been taking their providers to court over a lack of commitment towards ESG.

Ok, I'll shut up now. Should of put this in the bar as it makes me thirsty...

Enjoy your weekend legends!
 
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cosors

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"List: Scramble for Swedish metals​

1707204488884.jpeg

Maria Sunér, CEO of the industry organization Svemin, Helena Kjellson, Chief Mining Inspector at the Mining Inspectorate of Sweden.

Last year, the Swedish Mining Inspectorate of Sweden received a record number of applications for mining of the metals and minerals that the EU considers critical for the green transition. This is shown by TN's review. At the same time, the unpredictable permit processes are a problem for more mines to be started.

Right now, mining prospectors from all over the world are turning their attention to the Swedish bedrock. In 2022, the Mining Inspectorate of Sweden (a special decision-making body within the Swedish Geological Survey) received a record-low 104 exploration permits, but just one year later, in 2023, the number had bounced back to 242.

TN has taken a closer look at all exploration permits and can conclude that a large part of the increase is related to the critical and strategically important minerals and metals that the EU has earmarked for the green transition.

If you look at the total number of exploration permits for these metals and minerals that the Mining Inspectorate has approved, it appears that about 60 percent were submitted last year, TN's review shows.

These include metals and minerals such as dysprosium, lanthanum, scandium, graphite, yttrium and lithium (see full list below) that are necessary to build the battery parks, solar panels and permanent magnets for electric cars that are now rapidly increasing in demand.

1707204523041.jpeg

Applications to investigate the Swedish bedrock continue to trickle in at a high rate, says Helena Kjellson, Chief Mining Inspector at the Mining Inspectorate of Sweden.

Helena Kjellson is a newly appointed Chief Mining Inspector at the Mining Inspectorate of Sweden, which is the authority that handles the permits. She says that applications to investigate the Swedish bedrock for these critical metals and minerals have continued to come in at a high pace in 2024.

"I would say that this large increase is due to the increasing attention and the actual need for these minerals and metals. Then, of course, the EU's Critical Raw Material Act (CRMA), which has put its finger on this need and clearly stated that it wants to increase the degree of self-sufficiency in these materials, has also played a role.

With CRMA, the EU aims to break China's dominance in this area and compete with the US Inflation Reduction Act (IRA) to attract green investments.

Maria Sunér, CEO of the industry organization Svemin, welcomes the development after several years of decline for the Swedish mining industry.

"Sweden is one of the countries in Europe that has the most interesting bedrock for these critical and strategic minerals and metals. There is a particularly good supply of rare earth metals," says Maria Sunér.

1707204552816.jpeg

Maria Sunér, CEO of the industry organization Svemin, believes that the unpredictable permit processes continue to create uncertainty, but that the EU's Critical Raw Material Act can change that.

Today, there are only 12 active mines in Sweden, despite the fact that there has been great interest in opening new ones. The biggest obstacle is the long and unpredictable permit processes, which can often take several years," says Maria Sunér.

A new approach is required if Sweden is to continue to be an attractive mining country.

"These processes have created a great deal of uncertainty for prospectors and investors. This is clearly a contributing factor to Sweden's decline as a mining nation in recent years.

Maria Sunér also has her hopes pinned on CRMA.

"The law sets a time limit of a maximum of 27 months for an actor to receive a yes or no to an application. A "one stop shop" will also be established, which means that companies have an entry point into the process to work towards. Hopefully, this will facilitate the often extensive work of applying for a permit.

1707204581647.jpeg

The deposit in Norr Kärr contains a number of heavy rare earth elements that are essential in batteries and wind turbines, according to Eric Krafft, CEO of the Canadian mining company Leading Edge Materials.

Eric Krafft is CEO of the Canadian mining company Leading Edge Materials, which for 15 years has been developing a project against a permit to start a mine in Norra Kärr north of Gränna.

"There is a large and known deposit of heavy rare earth elements that are absolutely necessary to manufacture permanent magnets that are used in electric car batteries and in wind turbines, for example," says Eric Krafft.

The company's plans have met with stiff resistance from environmental organizations, but Eric Krafft says that the resistance has eased since the project was redesigned in 2021 and then, among other things, the plans for the wet chemical processes were changed.

"We have moved all the process steps to a more suitable location. This has removed the threat that metals could possibly be leached from tailings ponds that could end up in Lake Vättern.

Now he hopes that the knot that has delayed the project for so long can be about to be solved.

"A major problem has been that the authorities want to receive a Natura 2000 application before the exploitation concession and the environmental permit have been granted. It is an impractical arrangement. Now we have received signals from the government that this arrangement may be about to be abolished, which would mean a great deal for our continued work.

Another example of a project where the permit process has taken a long time is the mining and materials company Talga's ambition to start a graphite mine outside Kiruna.

The deposit itself was discovered over ten years ago, but Cen Rolfsson, press officer at the Swedish Talga office, notes that the permit processes have taken a very long time as virtually all judgments are appealed.

In the spring of 2023, the Land and Environment Court finally granted Talga permission to mine 120,000 tonnes of graphite ore annually in four open-pit mines, but that judgment was appealed to the Supreme Court by two Sami communities and the Swedish Society for Nature Conservation.

"Of course, we hope that the Supreme Court rejects that appeal because the environmental impact assessment that we have already submitted has already passed through two courts," says Cen Rolfsson.

If Talga can start the process of mining graphite, the idea is to deliver it directly to the company's battery factory, which began construction in Luleå in the spring of 2023.

"If we are allowed to extract the graphite ourselves and refine it, we can reduce the climate footprint by over 90 percent compared to today's situation where Europe is dependent on imports of climate-heavy synthetic graphite from Asia," says Cen Rolfsson."
https://www.tn.se/hallbarhet/35384/lista-rusning-efter-svenska-metaller/
 
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Semmel

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Kallak, but!

This is where the high hopes of the anti-faction regarding Kallak are dashed. I see this as a clear will and direction for the whole sector.
You can see the similar time frame to us. I think we received the statement around October. Maybe we'll actually hear something until 25 February.

"The Government will not change the Kallak decision​

19 January 2024
The Government will not change the previous Government's decision to grant an exploitation concession to the mining plans in Kallak outside Jokkmokk. It is clear after the government's opinion was received by the Supreme Administrative Court, reports SVT. Minister for Enterprise Ebba Busch writes in the statement that there are no grounds for overturning the previous government's decision. She states in her response that the mine is considered important for Sweden from a total defense perspective, where it is important that the country has trade goods and iron of the kind that occurs in Kallak. Against this background, the Government considers, in accordance with the assessment made in the Government decision, that the area containing the deposit in Kallak is of national interest.

It was in March 2022 that the previous government granted the exploitation concession. The decision was appealed by Jåhkågasska tjiellde, Sirges Sami village and the Swedish Society for Nature Conservation, and in September last year there was a hearing in the Supreme Administrative Court. It has not yet been possible to issue a verdict as they have been waiting for the government's opinion."

Hey cosors, can you remember the time lines here? I know it's kallak, but do we have a timeline for when the kallak decision was appealed to the supreme Court of appeals (is that correct?) And when our appeals were lodged? From the difference in start times, we might point to a difference in end times. At least there is hope one can think that way.
 
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Semmel

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"List: Scramble for Swedish metals​

View attachment 56037
Maria Sunér, CEO of the industry organization Svemin, Helena Kjellson, Chief Mining Inspector at the Mining Inspectorate of Sweden.

Last year, the Swedish Mining Inspectorate of Sweden received a record number of applications for mining of the metals and minerals that the EU considers critical for the green transition. This is shown by TN's review. At the same time, the unpredictable permit processes are a problem for more mines to be started.

Right now, mining prospectors from all over the world are turning their attention to the Swedish bedrock. In 2022, the Mining Inspectorate of Sweden (a special decision-making body within the Swedish Geological Survey) received a record-low 104 exploration permits, but just one year later, in 2023, the number had bounced back to 242.

TN has taken a closer look at all exploration permits and can conclude that a large part of the increase is related to the critical and strategically important minerals and metals that the EU has earmarked for the green transition.

If you look at the total number of exploration permits for these metals and minerals that the Mining Inspectorate has approved, it appears that about 60 percent were submitted last year, TN's review shows.

These include metals and minerals such as dysprosium, lanthanum, scandium, graphite, yttrium and lithium (see full list below) that are necessary to build the battery parks, solar panels and permanent magnets for electric cars that are now rapidly increasing in demand.

View attachment 56038
Applications to investigate the Swedish bedrock continue to trickle in at a high rate, says Helena Kjellson, Chief Mining Inspector at the Mining Inspectorate of Sweden.

Helena Kjellson is a newly appointed Chief Mining Inspector at the Mining Inspectorate of Sweden, which is the authority that handles the permits. She says that applications to investigate the Swedish bedrock for these critical metals and minerals have continued to come in at a high pace in 2024.

"I would say that this large increase is due to the increasing attention and the actual need for these minerals and metals. Then, of course, the EU's Critical Raw Material Act (CRMA), which has put its finger on this need and clearly stated that it wants to increase the degree of self-sufficiency in these materials, has also played a role.

With CRMA, the EU aims to break China's dominance in this area and compete with the US Inflation Reduction Act (IRA) to attract green investments.

Maria Sunér, CEO of the industry organization Svemin, welcomes the development after several years of decline for the Swedish mining industry.

"Sweden is one of the countries in Europe that has the most interesting bedrock for these critical and strategic minerals and metals. There is a particularly good supply of rare earth metals," says Maria Sunér.

View attachment 56039
Maria Sunér, CEO of the industry organization Svemin, believes that the unpredictable permit processes continue to create uncertainty, but that the EU's Critical Raw Material Act can change that.

Today, there are only 12 active mines in Sweden, despite the fact that there has been great interest in opening new ones. The biggest obstacle is the long and unpredictable permit processes, which can often take several years," says Maria Sunér.

A new approach is required if Sweden is to continue to be an attractive mining country.

"These processes have created a great deal of uncertainty for prospectors and investors. This is clearly a contributing factor to Sweden's decline as a mining nation in recent years.

Maria Sunér also has her hopes pinned on CRMA.

"The law sets a time limit of a maximum of 27 months for an actor to receive a yes or no to an application. A "one stop shop" will also be established, which means that companies have an entry point into the process to work towards. Hopefully, this will facilitate the often extensive work of applying for a permit.

View attachment 56040
The deposit in Norr Kärr contains a number of heavy rare earth elements that are essential in batteries and wind turbines, according to Eric Krafft, CEO of the Canadian mining company Leading Edge Materials.

Eric Krafft is CEO of the Canadian mining company Leading Edge Materials, which for 15 years has been developing a project against a permit to start a mine in Norra Kärr north of Gränna.

"There is a large and known deposit of heavy rare earth elements that are absolutely necessary to manufacture permanent magnets that are used in electric car batteries and in wind turbines, for example," says Eric Krafft.

The company's plans have met with stiff resistance from environmental organizations, but Eric Krafft says that the resistance has eased since the project was redesigned in 2021 and then, among other things, the plans for the wet chemical processes were changed.

"We have moved all the process steps to a more suitable location. This has removed the threat that metals could possibly be leached from tailings ponds that could end up in Lake Vättern.

Now he hopes that the knot that has delayed the project for so long can be about to be solved.

"A major problem has been that the authorities want to receive a Natura 2000 application before the exploitation concession and the environmental permit have been granted. It is an impractical arrangement. Now we have received signals from the government that this arrangement may be about to be abolished, which would mean a great deal for our continued work.

Another example of a project where the permit process has taken a long time is the mining and materials company Talga's ambition to start a graphite mine outside Kiruna.

The deposit itself was discovered over ten years ago, but Cen Rolfsson, press officer at the Swedish Talga office, notes that the permit processes have taken a very long time as virtually all judgments are appealed.

In the spring of 2023, the Land and Environment Court finally granted Talga permission to mine 120,000 tonnes of graphite ore annually in four open-pit mines, but that judgment was appealed to the Supreme Court by two Sami communities and the Swedish Society for Nature Conservation.

"Of course, we hope that the Supreme Court rejects that appeal because the environmental impact assessment that we have already submitted has already passed through two courts," says Cen Rolfsson.

If Talga can start the process of mining graphite, the idea is to deliver it directly to the company's battery factory, which began construction in Luleå in the spring of 2023.

"If we are allowed to extract the graphite ourselves and refine it, we can reduce the climate footprint by over 90 percent compared to today's situation where Europe is dependent on imports of climate-heavy synthetic graphite from Asia," says Cen Rolfsson."
https://www.tn.se/hallbarhet/35384/lista-rusning-efter-svenska-metaller/

The time to permit was long, 1.5 years if I remember, but the core issue is not being able to start unless the appeals have been resolved. THAT must change. The permit in our case was extremely thorough and I applaud the effort! The appeals which are used to facilitate a DOS attack on the court system and companies is not. This has to change. I hope the politicians can do that.
 
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JNRB

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The time to permit was long, 1.5 years if I remember, but the core issue is not being able to start unless the appeals have been resolved. THAT must change. The permit in our case was extremely thorough and I applaud the effort! The appeals which are used to facilitate a DOS attack on the court system and companies is not. This has to change. I hope the politicians can do that.
yep 100%.
If a fair process is followed, the decision should be come active.
You shouldn't have to go through a fair process and then a second process to prove the first process was fair.
 
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cosors

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Hey cosors, can you remember the time lines here? I know it's kallak, but do we have a timeline for when the kallak decision was appealed to the supreme Court of appeals (is that correct?) And when our appeals were lodged? From the difference in start times, we might point to a difference in end times. At least there is hope one can think that way.
As far as I know they were/are exactly one month ahead of us. Therefore I assume the 25th of February.
So the appeal to the Supreme Court took place a month before the appeal against us. Then tey filed an application for an extension for finding more mushrooms or to stress the system to the maximum. So I would deduce a total of 5 months from the date of filing.
 
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Diogenese

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I've never been considered to be left-wing before. My first time 😊
I have to show that to my eco-left friends! They will be thrilled to finally include me in their bubble.
🧐😅

I strongly suspect that your self-managed super lends just as much to those you don't want to see at your pension. Weren't you one of the ones who confirmed that?

_____
...investing shares in your pension and at the same time not being able to prevent your investment from being used against your will.
____
I stand firm in the mid and will not fall.
Gallileo was wrong - it's a cosors-centric universe!
 
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cosors

👀
No no, but!

"February 28, 2024
Exploration permit Sourravaara No. 7
On 27 February 2024, the Bergsstaten has decided to grant Talga Battery Metals AB an exploration permit for the Suorravaara area no. 7 in Gällivare municipality (Dnr BS 200-1286-2023).

Known property owners and other interested parties are notified of the decision by mail.

The owners of Gällivare Hackas S:18 and Gällivare Sammakko S:9 are notified of the decision through this announcement. The last day to appeal the decision is April 2, 2024 .

Read the decision (opens in new window)

Last reviewed 02/28/2024"


In a quick glance on my phone I think it's about Lithium.


But please be patient until you/I find out exactly, 5 vs 7.
Maybe something new...
 
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cosors

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No no, but!

"February 28, 2024
Exploration permit Sourravaara No. 7
On 27 February 2024, the Bergsstaten has decided to grant Talga Battery Metals AB an exploration permit for the Suorravaara area no. 7 in Gällivare municipality (Dnr BS 200-1286-2023).

Known property owners and other interested parties are notified of the decision by mail.

The owners of Gällivare Hackas S:18 and Gällivare Sammakko S:9 are notified of the decision through this announcement. The last day to appeal the decision is April 2, 2024 .

Read the decision (opens in new window)

Last reviewed 02/28/2024"


In a quick glance on my phone I think it's about Lithium.


But please be patient until you/I find out exactly, 5 vs 7.
Maybe something new...
If you look at the permit as a pdf you see a map at the bottom.
1709199255804.png


It's actually something completely new. It is located directly south of Sourravaara nr 5. (cesium, guld, kobolt, koppar, litium, molybden, silver, tantal, vismut). I assume it was newly designated. Even the SGU map doesn't show it yet.

On the 'nature' page I only see a Natura2000 stream that meanders through some parts of the the area. https://skyddadnatur.naturvardsverket.se/

The Sami could be a real challenge there.

Methinks, let them dig and search! It can't do any harm.
As MT mentioned, there is value in this.
 
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cosors

👀
There is a link to the following document and it follows to this forum. Unfortunately I can't yet find where or who linked it. According to Google it dates back to 12 February. I can't get it reconstructed yet. Maybe it is a linked link out of this forum I've no clue. 👉That was the time of carnival maybe I was just too drunk to remember that someone posted it.

're-found' from @Vigdorian !


I corrected the number of objecting parties in my post yesterday by two individuals. One we know enough about from our anti climate group, the Erika comes from Vittangi I think. The photo back then with the child in her arms at the demonstration. It doesn't change anything for us but it does provide concrete insight into all the proceedings so far. It's like a diary. In the file name "2024-02-12". Since the alienation is too time-consuming for me I post pictures here. Here is the content:

HD 1 Dagboksblad 2024-02-12.jpg

HD 2 Dagboksblad 2024-02-12 en.jpg



I find this very interesting, even though I am neither a lawyer nor a bureaucrat. They've emailed an injunction to the Sami lawyers and our case was transferred to another unit on 8 December.
 
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Diogenese

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There is a link to the following document and it follows to this forum. Unfortunately I can't yet find where or who linked it. According to Google it dates back to 12 February. I can't get it reconstructed yet. Maybe it is a linked link out of this forum I've no clue. That was the time of carnival maybe I was just too drunk to remember that someone posted it.
I corrected the number of objecting parties in my post yesterday by two individuals. One we know enough about from our anti climate group, the Erika comes from Vittangi I think. The photo back then with the child in her arms at the demonstration. It doesn't change anything for us but it does provide concrete insight into all the proceedings so far. It's like a diary. In the file name "2024-02-12". Since the alienation is too time-consuming for me I post pictures here. Here is the content:

View attachment 58595
View attachment 58596
So the lawyers, by submitting an email authorization, managed to delay proceedings from 20231103 to 20231214 to get the original signatures.
 
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Diogenese

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JNRB

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Yeah that caught my eye too.... WTF/
but pretty sure it's just a mistake/mistranslation

"Chat GPT, please summarise this doccument"
- DELAY,
--No further delay can be expected
- DELAY
--No further delay can be expected
- DELAY
--No further delay can be expected
- DELAY
--No further delay can be expected
 
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Monkeymandan

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Monkeymandan

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So the lawyers, by submitting an email authorization, managed to delay proceedings from 20231103 to 20231214 to get the original signatures.
Talk about playing the system like a fiddle.

A dire need for legislative change.
 
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cosors

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You both are right
1709725084208.png
 

Semmel

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The number of times that it writes "no further delay can be expected" is staggering..
 
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