Bluejay Mining Share Discussion Threads

[thebigchap] 22/5/2018 10:32

MM

Thanks for the response, all be it that you reiterate what we all know! its a funny old game this, its almost like the Market had briefly forgotten where we are at just now but when it was reinforced with a good solid statement as to where we are at and where we are going it only read the negative parts.

to be fair there are no feet dragging or stalling going on it is progressing as promised so yes lets be patient and watch this grow as it should slow and solid.

[moreminer] 22/5/2018 10:10

Bigchap,

Indeed. The market is bored by the news.
As Gersimi said, off takes and more progress on EIA, SIA and PFS would be appreciated.

By now we own a zillion tonnes of the ilmenite, but when can we monatize it?

So again we are asked to be patient. (and as you know, that is not always easy!)
MM

[thebigchap] 22/5/2018 10:03

looks like the market didn't like our latest rns?

[citytilidie] 22/5/2018 08:30

Very informative providing yet more potential for the future of the mine. I wonder if the Germans built the "Mobile Stacking Unit" (You will know what I mean when you see it)

[snowyflake] 22/5/2018 08:22

go to uk wire to read. Perhaps someone could put the link up (found at uk wire(Investgate))

[gersemi] 22/5/2018 07:31

Offtakes required -

We have the resource at Dundas - now we need contracted sales or confirmation that what we have at Dundas is good enough to be turned into customer sales....

At least today's news is not negative news and that can only be a good thing

[bigboyblue] 22/5/2018 07:22

Very pleasing to see such a comprehensive update; clearly a lot happening over the next 4-5 months. Interesting also to see how confident the company is about the quality and quantity at Interlak. Seems they feel SRK have under-egged the pudding (or the potential of the pudding) in their recent report.

[minder5] 19/5/2018 11:04

Unlikely until after the major derisking items are cleared - EIA, SIA and exploitation licence. Nothing required now except patience...

[gersemi] 19/5/2018 10:55

That's we need, a takeover approach. Inject some life into the price

[moreminer] 19/5/2018 10:33

Perhaps Dyson should be contracted to develop a gigantic hoover to collect and transport all ilmenite direct to the clients in Europe and/ or USA.
That can work 24/7/365.

[adamstip] 19/5/2018 09:59

MDL have Advised shareholders to Reject Eramets offer on the Asx. On MDL's website they give their reasons and it's well worth a read.

[rampair] 17/5/2018 19:43

Yes it’s true the central ice cap is kilometres thick in places, an incredible environment- I would love to visit, I don’t think the project will have trouble attracting the Senior Geologists and Engineering staff it will need, local staff can be trained and a lot of younger people are educated to a high standard.
Climates ebb and flow and at present the ice has pulled back up to 100km from the coast in places -
It’s pretty empty, but that leaves lots of interesting Minerals that have already
been gobbled up in developed countries!

[snowyflake] 17/5/2018 19:08

I have not visited but I understand that you don't see a human for over 2,500 miles trekking and even then you have to be lucky because polar bears and wolves are rampant.

[luffness] 17/5/2018 11:34

An easy mistake to make when it ranks 235th in terms of population densities

[snowyflake] 17/5/2018 11:07

rampair - well put. Turning, really on the same subject of weather, to Disko which the company draws a comparison with Norilsk in Siberia, it is easy to forget that Norilsk is in Siberia. A city has in effect been built around the mine and the company has no difficulty in mining throughout the year.

I think many people believe that Greenland is some frozen wasteland where nothing happens but fishing and skins.

[rampair] 17/5/2018 10:55

Absolutely- Snowyflake that’s what the broker is suggesting could happen a way down the line.

If I could just make a comment on location. There are plenty of places on the same latitude as our project- Murmansk,Russia Trømso,Norway & much further up is Prudhoe bay oil field & in Greenland itself Citronen Zinc project at the top of the country.
A number of townships near to Moriusaq- Qaanaq has 650 people- so, these people and others could be there to fill the jobs to be created.

You could also find a drop off point in Eastern Canada, or Southern Greenland - it’s not really too difficult to store outside - after all that’s where it’s been for several Millenia on the beach!

Our operation, running that crucial 24 hour daylight can go round the clock - each day can have 3x 8hour shifts. We must also realise that people live in Greenland, when the day drops to 20 hours the other four aren’t darkness, it goes to Twilight and up comes the sun again!
Let’s not get too carried away though - it’s not Ibiza, there will be times when it’s simply too cold to go out - so a decent indoor covered space will have to be created.
With the number of houses existing plus the “supermarket” we are saving considerably
- they will need refurbishment but it’s better than building 30 houses.
Dyor
R.

[snowyflake] 17/5/2018 09:35

ah - you are the chap who bumped into macca in earlier days? No reason why it should not test the 200 sma soonish.

rampair -3265 - if when the company is in full flow production and initial processing and the infrastructure is in place no reason why with orders in place product cannot be stored ready for shipping in the warmer months.

[adamstip] 17/5/2018 09:15

Looks like the price is going to test the 200 sma over the next few sessions.

[rampair] 16/5/2018 11:40

Could be, certainly at the recent institutional placing price people are being offered stock at a very attractive price. We’ve seen it rise to 26p recently, so, I expect when we start to get the equipment for this year (which we have been told in interviews that it’s much more comprehensive and extensive than last year)

I believe that with the vehicles left up there from 2017 & the fact that 5000ton samples of the two products will be being shipped - 10 times bigger than last year!
These are very serious quantities & I’m rather looking forward to the notice that we’re setting sail - so to speak.

Obviously proper mining itself will need permits, but we are looking good imho.

R.

[citytilidie] 16/5/2018 11:18

Volume certainly isn't excessive. Margin calls perhaps?

[rampair] 16/5/2018 10:05

Morning all, regarding Winter, Thule operate year round, and have done so since the 1950’s.
Also Tellnes Ilmenite Hard rock mining in Norway (TiZir)
In Canada, Rio’s Iron/Ilmenite facilities are year round.
There are a reasonable number of mines that are open (rather than underground) coping
with an extreme climate.
Note: someone in our house watched “Ice road truckers”! Prudhoe bay in Alaska can only be serviced by land in Winter as it’s only possible to drive then!

If the ore is good they can find a way, however, for a long time I only expect summer
working! Shipping will only be during summer months too.

R.

[aravali] 16/5/2018 09:00

fair point...i'm obvoously no expert, but given the hostile weather conditions, I doubt the winter weather would allow for much mining during the cold, dark months.