Bluejay Mining Share Discussion Threads

[snowyflake] 02/4/2018 11:43

Tilly - Jennings has tried the same ploy twice before - once in 2016 when he was sent away with his tail between his legs and again in 2017 - he again failed.

This time he is pumping Alba and using JAY in contrast.

He should really concentrate on his attempt to unseat Trew and his colleagues at Pathfinder.

I am well invested in JAY but have zero Alba.

[tilly99] 02/4/2018 11:32

Could this fall tmrw on an aggressive sell note by Align? It questions our prospects and says the delays warrants nervousness Align says sell Jay..not sure it's target but it's an aggressive noteThoughts?

[summerfield1] 02/4/2018 10:14

Any views on share price once JORC is announced?

[snowyflake] 02/4/2018 09:32

bbb - you have summed up the eight interests that Alba have which I would call the scatter gun approach in case one gains in value. There is a ninth imo which is keeping the lifestyle of the directors.

£750k does not go far.

[squiresquire] 02/4/2018 09:02

Shavian,

Nice idea, Flag counter up there. cheers.

[maccamcd] 02/4/2018 07:45

https://twitter.com/maccamcd/status/980695274443157504?s=19Any FAMily skiing in Mayrhofen this week?

[bigboyblue] 02/4/2018 07:13

I have held shares in Alba, but don't now. The impression I had, and it may only be an impression, is that this was a company with a scattergun approach to various projects on the off chance that one of them might pay off. Of course, this could happen but I feel there is no clear strategic direction and no sense of priorities. Does anyone know for example what they hope to achieve at Thule this year or indeed at any of their other projects? There are 8 of them around the globe if you look at their website. Alba have just raised £750,000 to advance their various projects and as working capital. I wouldn't have thought that goes very far shared between 8 projects.

[snowyflake] 01/4/2018 22:59

If one studies Jennings article, one can see that ALBA collected samples last September; yet its shareholders still await a maiden JORC. Has Alba the money to effect a maiden JORC plus progress its other tenements?

More importantly Jennings fails to mention that Alba's Thule licence was once owned by JAY, yet Rod McIllree discarded it. If so why would JAY wish to acquire the permit?

Further, I understand that there are access difficulties to ALBA's beaches with large cliffs creating a problem and ALBA may also have EIA difficulties given wild life breeding areas in the locality of ALBA's beaches.

I am happy with my JAY investment. I have no shares in ALBA.

[moreminer] 01/4/2018 22:19

Daring to post an advice to short Jay on aprils fools day.
Mr Richie Jennings has humour or what?
Happy Easter.

[citytilidie] 01/4/2018 21:52

Sorry folks know it is April Fools Day, but on this day of all days a certain "friend" from the past is at it again.
The not so "impartial" analyst seems to be pushing Alba (mainly as he has a large position in it) but tries to warrant his biased position by suggesting people short Jay on the back of it. Impartial analyst my ar*e. It proves that he is in it solely to try and enhance his own position rather than benefit the very few clients he might have left.

[snowyflake] 01/4/2018 12:07

summerfield - thanks for the response and to learn of another holder with millions of shares. I am not convinced that the board needs strengthening; I believe that Mike Hutchinson has good experience as chairman.

[gersemi] 01/4/2018 11:35

Cheers bbb

Appreciated

[bigboyblue] 01/4/2018 11:21

As many times as you like. I do it frequently.

[gersemi] 01/4/2018 11:17

Another ISA question if you please.

Does a stocks and shares ISA place limits on the frequency of trades you can make within a tax year or can I buy and sell within and ISA as many times as I want as you would in a normal trading account?

A tad naive, at times

thanks

[shavian] 01/4/2018 08:54

Thanks Borowmini, that’s very interesting. I hold JAY, IQE , VRS etc in a separate ISA for the very reason of IHT planning, so my executors can simply pass the holdings on to my children free of IHT. I knew that not all AIM shares qualified for BPR, but was not sure what made the difference.

I hope that someone can clarify this for us

Edit: SquireSquire, could you please add a flag counter to the header, so that we can see where the majority of followers come from. This might help Rod to see whether it is worth maintaining the dual listing in Frankfurt at the cost of IHT efficiency for his U.K. investors.

[borromini1] 31/3/2018 14:46

One potential aspect of AIM stocks is their HMRC unlisted status, this means that after being held for two years they qualify for Business Property Relief (BPR) that makes the entire holding exempt from Inheritance Tax (IHT). One problem is that a secondary listing on a recognised stock exchange outside the UK cancels this benefit.

HMRC have the following list for recognised and non-recognised markets in Frankfurt...

Stock exchange
Frankfurt Stock Exchange
Listed
Amtlicher
Geregelter
(both now known as Regulierter Markets)

Not listed
Freiverkehr markets
Entry markets
May also be known as open or unofficial markets

Bluejay Mining plc state that they are listed on the Frankfurt Stock Exchange, but when you follow the link you get to FinnAust Mining PLC on Borse Frankfurt with no mention of the specific market to correlate with the HMRC listing.

Can anyone shed light on the specific market for the secondary listing?

It would also be interesting to know if the logic behind the secondary listing and loss of IHT protection was bourne out by the actual gains from trading in Frankfurt.

[summerfield1] 31/3/2018 14:24

For the record as a personal investor my holding is substantial ie in xs of 500,000 shares. The board is very inexperienced and underweight in terms London listed background. The team is great and has achieved huge progrsss but thought needs to be given to strengthening the main board.

[moreminer] 31/3/2018 13:37

Wise words Snowy.
I also frowned on reading the remark and thought what did I miss?.
Urbi et orbi.
Mm

[snowyflake] 31/3/2018 13:14

summerfield - you appear to be a new poster and for all we know a new holder or just an observer.

I personally can see no reason to strengthen the board; a board which has achieved so much in just over two years with limited expenditure - I believe circa £7 million (up to the time of the receipt of the proceeds of the recent placing) and which is on the cusp of finalising the SIA, EIA,DFS and the application for an exploitation permit.

Perhaps enlighten me and others who frequent this thread with your thoughts on improvements and reasons therefor.

[summerfield1] 30/3/2018 22:44

Thank you Snowyflake.Good summary and future looks rosy. Need to strengthen the Bluejay board urgently.

[snowyflake] 30/3/2018 14:47

summerfield - the link posted by gersemi at post 2856

[summerfield1] 30/3/2018 14:34

Which article are you all referring to?

[aravali] 30/3/2018 14:04

great reading, thanks gersemi...i particularly liked the part which said production is set to start this year

[albanylad1] 30/3/2018 13:04

Great article Gersemi looks like a good 18 month ahead nice and relaxed on this one.
Happy Easter all

[shutittrev] 30/3/2018 12:22

Much obliged.