Bluejay Mining Share Discussion Threads

[sheep_herder] 27/3/2018 10:39

So are you saying THEY'VE had the JORC? 😀

[maccamcd] 27/3/2018 10:26

Big box, little box, big box, little box..
I've been told to relax and chillout.
The reason WE haven't had the JORC yet must be for good reasons.
I.e.. its a big box they need to model.

We'll be on the Dancefloor very soon. Needs to be good to keep us happy though!

[rampair] 27/3/2018 10:06

How will a cartoon rabbit make SRK turn our JORC round quicker?

Have you any idea how long it takes to count Ilmenite grains?

Morning Pexi!

[moreminer] 27/3/2018 09:14

another day without an up-date.
gets a bit boring to say the least.
two more trading days this week.
hope bugs bunny will make our easter a bit more jolly.
mm

[maccamcd] 27/3/2018 08:20

looks like an iceberg sell order using the shape 6766 as the known amount.
so if he was selling 100k, the shape spearheading the trade and repeating would only show 6766.
probably just someones favourite number.
nothing unusual Graham

[graham10k] 27/3/2018 07:50

What's in a number? 17 trades (sells) close together for 6,766 each s some additional cumulative, consecutive trades that add up to 6,766 Odd! Someone sending a signal in their own version of morse code.

[thebigchap] 26/3/2018 14:41

so pretty much our endless supply of valuable sand just got a little bit more valuable. happy days

[rampair] 26/3/2018 11:25

That is exactly the sort of information we need - rather than Geo politics!(with respect)
i think that reducing time and cost of creating Titanium means that the mass market for the product will grow as uses for it that were previously too costly,, now,
are within reach.

R.

[maccamcd] 26/3/2018 10:53

Morning FAMily, Happy Holy week to you all.
Some Titanium bunff from John Meyer at share price Angel.

Titanium – British military research innovation halves cost of titanium processing

A British Military research unit at Porton Down has developed a new, faster and significantly cheaper method for the production of titanium metal.
The base is better known for its chemical weapons facility but is also working on a variety of other innovations.
Most titanium is produced as titanium sponge using the Kroll process developed by DuPont in 1948.
The new process reduces the number of stages used to produce titanium down to just two from around 38 used currently hence the potential halving of production costs.
Reduced costs could see a significant increase in demand for titanium sponge and metal in the market for a range of applications.
Titanium is light and strong and is superior to steel and aluminium in many applications.
Reduced cost titanium should enable its use in a wide range of additional applications in aircraft, electric vehicles, submarines and armour for vehicles and personnel.
The ‘FAST-forge217; process will also enable greater use replacing many traditionally heavy components in such as powertrain and suspension systems.
A new large-scale Fast-furnace facility has been built and should enable the production of larger components for testing.
The process should also support innovations in the production of titanium alloy powders which can be used for laser sintering and 3-D printing.

[maccamcd] 25/3/2018 12:55

I don't think our Tier 1 institutions would have handed over another £17m if we were relying on a Chinese relationship in Greenland.Think you boys are barking up the wrong continent! Happy Sunday dudes

[snowyflake] 25/3/2018 12:28

There are, with respect gersemi, other forums upon which you can advise the Greenland authorities how to run their country other than this thread which is open to inspection by anyone who cares to view it.

[gersemi] 25/3/2018 11:16

The government of Greenland is evidently desperate to create independent streams of income and attract foreign investment into its 'country' but it is important that they understand the importance of maintaining strong diplomatic relations with the US, Canada and other powerful western nations. China, for all its qualities, is still a totalitarian state. It is not a democracy. Indeed, it is now, following a change in its constitution, a 'one man state' not a 'one party state'.

Greenland should do all it can not too irritate nor vex western nations. If they achieve independence they're going to need western support. Inviting China to invest in its infrastructure risks the possibility of the Chinese state exerting its influence over Greenland's domestic affairs.

The US still maintains an important military presence in Greenland at Thule Air base. It is part of the US's BMEWS and the 821st Air Base Group. The US won't take too kindly to any potential Chinese interference in Greeland's domestic politics

The Greenland-Chinese relationship must be purely economic, nothing more.

[snowyflake] 25/3/2018 10:45

Don't you think, guys, that these matters are best dealt with by the ceo and his board?

[gersemi] 23/3/2018 20:35

Greenland is in demand. It's becoming a strategic asset for both the two major superpowers. It's all getting interesting, very interesting indeed

[albanylad1] 23/3/2018 20:20

I also topped up today and cannot add my ISA again until April, so I don't mind another couple of weeks delay. I would prefer to see a gradual steady increase in share price although there is a potential bid from competitors when the JORC is released and you can never be sure who the banks are buying for.

[snowyflake] 23/3/2018 16:27

A good place to study what the company has under licence is found on the company's website under Dundas Ilmenite and of that, under GEUS DOCUMENTS the link for which is in the header above as well as in that section of the company's website.

The first 1-10 pages of the Geus report will assist. Whatever the total that there may be at present (subject to replenishment from sills in the future), that should keep everyone interested from those processors who want to buy it to those like me who look to either a capital gain in the future or an ongoing source of income depending which route the board decides to take.

[sheep_herder] 23/3/2018 16:12

I think in the last video posted he said over 100 years but I could be mistaken. He definitely said longer than our lifetimes.

But I guess the point I was getting at is is this a difficult resource to estimate. And as such is that a reason it might be delayed. Or will they just say we have X tonnes on the beach and keep it simple.

[statto1] 23/3/2018 15:54

From what I understand “60 years or so” is based on what they have in situ and it would be difficult to estimate replenishment rates before anything has been extracted.

I for one would also be quite happy if we are waiting til April as I’ll be topping up ISAs all round.

[shutittrev] 23/3/2018 15:30

Sheep_Herder, that is an excellent question and one that I hope the more informed posters on here can hopefully answer. Rod stated in his last presentation a life of around 60 years or so. I assume some sort of 'replenishment calculation' was used?

[bigboyblue] 23/3/2018 15:28

The RNS was Mon 10th April. Last year the JORC was projected for Q1 but just missed it. Rod did say in the recent presentation that it should be Q1 this year but he didn't sound 100%. I hope it happens next week but what I'm saying is, if it goes into April let's not get too het up about it. Like Rampair says, the ilmenite will still be there.

[sheep_herder] 23/3/2018 15:24

So one question I have for this JORC, how do you estimate the size of a resource that replenishes itself every year? Have they ever said how much they can mine each year without reducing the resource?

[statto1] 23/3/2018 10:52

Correct me if I’m wrong but wasn’t the long-awaited results of the maiden JORC broken on a Sunday evening by The Telegraph, followed up with an RNS on Monday? Given it is due this month and our CEO isn’t one to waste the opportunity for free publicity, if, as expected, we are now confirmed as sitting on the world’s largest and purest ilmenite deposit then I am sure one of the Sunday papers would like to break that news.

This will be the final JORC on Dundas and Bluejay will want to make the most of it.

Roll on Sunday night!