Bluejay Mining Share Discussion Threads

[snowyflake] 05/10/2018 15:15

Andy - you know a lot more about BNN than the little you do about Bluejay.

PS I remain a shareholder of Bluejay but sold out of BNN ages ago.

[will02p] 05/10/2018 14:55

Just topped up...glah

[will02p] 05/10/2018 14:38

Feel the traders bought in sub 10.00 will dump a few from here...but not that many...glah

[will02p] 05/10/2018 14:06

Perfect Choice..thanks..I am sick of throwing the interview at em..cannot read or do not want to

At last truth and common sense prevails..good post M8

[will02p] 05/10/2018 14:00

moreminer

Stupid question dude...no one can say for sure they can make it till Monday..

[perfect choice] 05/10/2018 13:59

Andy, there is no evidence a placing is even in the foreseeable future so if you think the cash burn justifies one declare the number and calculations. And I would like to know how you can explain a figure bigger than the £140K per month cash spend plus £10M cash expected by end Q1 2019 as declared by the company and repeatedly stated in Interviews (see link earlier for just 1 of them) + also consistent with last interims when Capex and summer season contractor costs are stripped out to cater for winter "half year" season now in.

Feels like somebody is pushing this message to try and make it stick when publically available "facts" state otherwise. They're actually fine for the whole of 2019 as stated only just yesterday (see interview). Would agree cash will need raising in 2020 of course, but strategy is offtake agreements will assist requiring no or minimal equity investment (again Rod stated this yesterday).

[moreminer] 05/10/2018 13:52

Andy,
perhaps do some reading?

And how is your cash burn, with the weekend on the threshold?
Will you make it to Monday?
??

[will02p] 05/10/2018 13:30

Andy

Load of tosh DUDE...say no more

[andy] 05/10/2018 13:26

Some people are saying that the small share purchases by directors yesterday are proof that no placing is coming, despite the current burn rate.


So for how long after these purchases can BlueJay raise via a placing? Or are you saying they cannot place ever again?


I would suggest they have deferred the placing to a later date, rather than confirmed there isn't one coming, look at the casbburn.


Those director purchaes loko like a panic measure to try and stop the slide in share price, rather than a strategic buy because they believe in the company and its prospects, IMO.

[will02p] 05/10/2018 12:53

Now 10.00 bid....188,941 see how long that lasts...then 9.92..glah

[will02p] 05/10/2018 12:43

10.15 bid....crawling with sellers...16,941 left..... then 10.1

[perfect choice] 05/10/2018 12:38

bushman1, listen to this from yesterday and you have your answer IMHO.

[bushman1] 05/10/2018 12:04

I held a position then sold a couple of months ago. The share price picked up reasonably held then dropped significantly I understand because of the well publicised views of a certain well known share punter.

Is there in fact any truth to this ? Many thanks.

[littlealbatross2] 05/10/2018 11:08

A hell of a long way for those penguins to swim since they are a bird of the southern hemisphere .....except for a few on the Galapagos islands which straddle the equator.

[monet] 05/10/2018 11:02

At the beginning of the week you couldn't open a long on JAY on spreadex, but today they'll let you.
It looks like a lot of people have been closed out or sold.

[johnveals] 05/10/2018 11:02

Just picked up a few. I still believe this is a good relatively risk free LTH.

[squiresquire] 05/10/2018 10:35

Ramp. LOL

Ages back, 18 months or so i had suggested an Orange Flanked Walrus could be the potential problem, but i have to admit an army of Penguins is more likely. What an opportunity this is now though, All the Best

[monts12] 05/10/2018 10:29

Andy
Maybe the directors bought to give proof that there is no placing in the near future?
Also maybe they want to pick up a few at a low price?

[andy] 05/10/2018 10:20

I always see director buying when a stock is plummeting as a desperate measure to try and instil confidence, when the market has lost it, and to stop the rot.

[sandy12345] 05/10/2018 10:12

bought a few today at 10p with a view to hold for a year

[monts12] 05/10/2018 09:54

I think the delays have been punished too heavily by the market, fraudsters and opportunists have exacerbated this. This is still the same company the insti’s paid 22p for....if anything the company has an even better outlook with process optimisations and increased JORC resource that are coming through.
A very good buying/topping up opportunity for those that have the spare cash.

[andy] 05/10/2018 09:45

Control14 Oct '18 - 23:12 - 4692 of 4708 0 7 0

It's pretty obvious what is happening here, people just don't invest in anything anymore cos they can't sit still for more than 5 seconds flitting here and there looking for the next instant profit...

-------


And quite rightly too, because on AIM long term holders' assets are diluted by constant placings to keep the lights on!


Anyone with any sense takes profits and moves on before the placing, whilst loyal shareholders are shafted when another discounted placing with some bucket shop or other arrives via RNS.


The AIM model is broken, it's a transfer of wealth from retail investors to management and the city, nothing more, IMO.