Bluejay Mining Share Discussion Threads

[sheep_herder] 16/2/2018 15:23

OK, thanks. Will be an interesting few months.

[monts12] 16/2/2018 14:45

Herder
further funding will be needed. However, I believe that rather than further diluting existing investors, the company will strike some kind of deal with future off take partners...perhaps accept a lower margin for an agreed term in return for payment of capex costs to build the facility?

[sheep_herder] 16/2/2018 13:44

monts, thanks. From what people have posted here regarding the lack of investment in mining ilmenite, I think I agree that a bigger company with a shortfall in future production would be very interested. However, given the ease at which this can be "mined", or scooped up, the barriers to entry are tiny compared to a more traditional mining set up. I guess that plays a positive role in the company being able to recognise a large markup on the sale of the whole project because thay can always walk away from lowball offers and be in full production in a short time.

Is that recent placing enough to get to full production with no further dilution? Edit: the placing RNS uses wording like "advancing Dundas towards production" and I can't work out if further funding is needed.

[gersemi] 16/2/2018 13:41

It's important to realise that the ilmenite-Tio2 market is highly cyclical. In 2 years time ilmenite feedstock prices may be lower than they are today. Dividends are not guaranteed

[monts12] 16/2/2018 13:35

Herder
I agree it would be better to get to big production in a few years and receive some lovely dividends but I believe that it won't come to pass as there are too many hungry eyes on JAY's Dundas asset, which is sure to be gobbled up by a bigger company well before that stage.

[sheep_herder] 16/2/2018 11:24

So does anyone know what the preferred path for Rod would be? What did they do with the uranium project in terms of how far down the path they took it?

Do they want to get the license sealed and then sell the business or take it further towards production? The numbers involved sound juicy and without a huge amount of capex to set the project up, isn't this one that could run and run?

If we're only 2 years away from serious production at somewhere near $100/tonne, isn't that better than a sale of the company in 2018/2019?

[gersemi] 16/2/2018 11:05

£24.5k buy just printed..

nowt on the offer

2 v 1 (18k v 2.4k)

284k v 199k

[thebigchap] 16/2/2018 07:35

yes I agree! good business sense to through down a great marker before we roll the sleeves up and get down to some serious business.

[gersemi] 15/2/2018 19:55

With a presentation in 3 weeks I wouldn't bet against a stonking RNS before then - fingers crossed

[snowyflake] 15/2/2018 15:57

I would have to get permission from the major shareholder in my family i.e. the boss.

I wonder whether Mr Jennings has joined the illustrious company of Bluejay's institutional investors.

[shutittrev] 15/2/2018 15:54

Any big hitters on here attending? Just wondering like.

[gersemi] 15/2/2018 14:35

Bluejay Mining to present on 7 March 2018 at the Shares and AJ Bell Spotlight Evening in London


15 February 2018, 09:26

Source - SMW

If you are looking for some investment ideas for your ISA, then come along the Shares and AJ Bell Investor Evening in London on Wednesday 7 March 2018. Directors from London Stock Exchange listed companies will present their latest plans regarding development and growth, you will have also have the opportunity to talk directly to the Directors and put forward your questions.

Bluejay Mining (JAY) - Bluejay Mining is primarily focused on advancing the Dundas ilmenite project in Greenland into production in 2018. Dundas is the highest-grade mineral sand ilmenite project globally, and with just 17% of the raised beach area having been assessed the true scale of this deposit is only just emerging.

-

[maccamcd] 15/2/2018 12:28

yeah... we just need the world to keep spinning normally.
NO more shocks like last week pls!

[shutittrev] 15/2/2018 12:19

Still the only game in town Mac.

[maccamcd] 15/2/2018 12:11

Capital Intl.. one of the biggest global funds.
The PM who invested runs a $trillion dollar fund.
loves a bit of small cap fun.. and knows a winning mngt team and asset to back.
They were already invested from the last placing.. but up'd his stake this round.

When rocket Rod is talking to the Greenland govt officials.. he can show he's backed by two of the biggest asset mangagers.

tick tick tick

nearly BOOM

[gersemi] 15/2/2018 11:11

Fluck me!

I added some more this morning.

I note the term 'high grade' and I immediately think of added value and decent margins for someone along the supply chain - that makes me drool

[presto77] 15/2/2018 11:00

Biggest Hedge fund group in world

[gersemi] 15/2/2018 10:38

New shareholder - Capital Group Companies Inc - +5%
and presentation on 7th March 2018 - London

[presto77] 15/2/2018 10:29

Guessing Monday now!

[thebigchap] 15/2/2018 08:45

I thought the JORC was due out this week?

[shutittrev] 13/2/2018 11:14

Fair comment and cheers.

[squiresquire] 13/2/2018 08:36

shuttit

I think if flying its worth the visit as quite simply nowhere else on the planet has such a collection. Good luck anyway.

[slimchops] 12/2/2018 19:58

o A priority mining area resource statement due in coming weeks, feeding into the mining study. Complete mineral resources estimate expected Q2 2018

It could be any time and not specifically suggesting the end of this week....however nothing to worry about as when it comes it will offer no surprises (negative that is!!)

[moreminer] 12/2/2018 17:06

Minder/ Snowyflake,

Yes, it says within two weeks. So end of this week. In principle.
Que sera sera.................