Bluejay Mining Share Discussion Threads

[summerfield1] 22/3/2018 16:51

SP Is being held back imo.Get away from AIM asap!

[gersemi] 22/3/2018 09:31

Come on JAY,let's have news!

[sheep_herder] 22/3/2018 08:24

Sorry chaps, just pushed the price up. :-)

Edit: I think I just joined the 'balls deep' club. Excited to see that JORC along with everyone else.

[moreminer] 22/3/2018 08:01

Wise words indeed Bugs Bunny!
On to Easter it is then!
MM

[rampair] 22/3/2018 07:51

Yes, I keep trying to work out the impossible too! You have to imagine a pure high quality feedstock would command a premium.
I do fancy being pert of a company building up though, it’s nice to get a big price all at once, but the idea of a long dividend stream is appealing. Settle for a JORC for Easter!
R.

[gersemi] 22/3/2018 07:40

Yes, the size and grade of JAY's acreage should command a far higher price, he says optimistically

[rampair] 22/3/2018 07:38

The basic difference between Sulphate and Chloride process is that the Chloride process is seen as cleaner - the Chlorine is recovered back after use.

Sulphide producers have done a lot to clean up their process but a lot of new processes are coming into the market. Some are Variations of the Chloride process using less energy.

However they need/ prefer a good quality feedstock to start.

R

[rampair] 22/3/2018 07:31

Note that it was to feed their sulfate
operations - so possibly lower grade ilmenite/ that and the fact they got iron concentrate as well (Lomons acquisition)

[gersemi] 22/3/2018 07:12

Ironbark and Greenland Mins-Energy in the news today as well. Both Greenland based and both gearing up their major operations - all with Chinese partners and funding

[thebigchap] 22/3/2018 05:56

we really need disko hived off asap!

[thebigchap] 22/3/2018 05:36

Haha I hear ya man positive tone is what counts. upward and onward

Cheers

[gersemi] 22/3/2018 05:34

The price is around £570m though I have no idea of the grade and resource size of this ilmenite asset. The price paid does give a general idea of the future value to be unearthed with JAY and its ilmenite and other resource assets -

-

Jiaozuo, Henan Province China, 21st March 2018: On Monday 19th March Lomon Billions announced its intention to purchase Sichuan Anning Iron and Titanium Co., Ltd (“Anning”), an ilmenite and iron concentrate producer in Panzhihua China.

Anning produces around 480,000 tons of ilmenite and 2.3 metric tons of iron ore concentrate a year. The acquisition is intended to enable Lomon Billions to produce sufficient ilmenite from the combination of Anning and its existing ilmenite operations in Panzhihua to satisfy essentially all its sulfate pigment feedstock requirements.

The purchase price is expected to be around 4.5 to 5 billion RMB (0.71 to 0.79 billion USD).

In accordance with standard practice for companies listed on the Shenzen Stock Exchange, Lomon Billions has requested suspension of its shares to help avoid stock price anomalies. The suspension is expected to last for about 1 month.

[gersemi] 22/3/2018 05:05

'Jay, Jay, Come and Play - 21/3/2018
Big boys moving in at Bluejay. '

-

I don't have access mate so the content of the article remains a closely guarded secret and therefore known only to those who are prepared to coff-up a wedge of cash. You don't need the imagination of Willy Wonka to appreciate the general tone of his article

[thebigchap] 22/3/2018 04:21

What was the update?

[gersemi] 21/3/2018 20:45

Another update by MW.

[rampair] 21/3/2018 20:42

It’s double up day today!
Double posts, Double institutions.

A peculiar time.

If they said Q1 then it may well be,
Don’t panic, it’s a massive beach!

[summerfield1] 21/3/2018 18:06

Solid volume today plus news of institutional buying. Strong indications of an upward move on back of imminent news.

[summerfield1] 21/3/2018 17:45

Solid volume today plus news of institutional buying. Strong indications of an upward move on back of imminent news.

[maccamcd] 21/3/2018 15:57

It's not surprising we have had new large institutions announcing holdings for either large professional/family office/Corporates.

The awareness of our unique, super massive, high grade coveted assetS just keeps growing.

They have been quietly picking stock up on the red days, reducing the volatility for us nervous, but happy and noisy retail investors.

Come on Rod, give us another BOOM for Easter holidays!

[shavian] 21/3/2018 15:47

Funny that HSBC and ING both came out of the blue within 24 hours of each other taking very similarly sized holdings. Summats up.

[statto1] 21/3/2018 14:14

Rod said during the AJ Bell presentation that the complete JORC for the whole asset is still expected Q1 - so that only leaves a week. I’m of the opinion this increases in holdings for ING and HSBC are linked to a stake-builder getting in pre-JORC and that it’s someone that wants to be anonymous. Any hedge fund would be happy to have their name out there post purchase.

[moreminer] 21/3/2018 14:10

Yaaaaaaaahm.
Wake me when the Jorc arrives.
MM

ps, ING is the bank.
Why report a position? Its not for their pensionfund nor their clients.
Not ING investments either. But plain ING Bank.
Makes me wonder whats brewing there.

[shutittrev] 21/3/2018 14:01

I arnt been funny or owt but these RNS's are all well and good, however where is this revised JORC statement we've been hearing so much about. Just wondering like.

[sheep_herder] 21/3/2018 13:53

lol, ignore me. Can't read today.

[gersemi] 21/3/2018 13:39

RNS - ING - +5%