Bluejay Mining Share Discussion Threads

[dhb368] 16/12/2019 12:07

Smarty - I did add some more @ 7.4p (doubled up, but from a smaller position than CASP) as it seemed a stupid price to me.
CASP and JAY are my two high risk holdings and having already added CASP recently I now have too much(?) in them, and whilst @ 7.4p I prefer the risk profile of JAY I did not want to reduce my CASP and did not want to move money out of 'managed' funds. You know... Just in case..
If we do get anything positive I am going to have to manage/stop loss them carefully as they will be very overweight, but that 'First World Problem' would be nice to have.

[xclusive2] 16/12/2019 11:42

DHB,

Added more ? much that i put a few extra quid in, you'll always regret not adding more when the share price rises ! You probably went with the CASP play but that's the stock that gives you the short term (rocket) upside but as we both know, they're not very reliable !. Still risk with JAY but we'll know where we are come end of Q1 latest.

[dhb368] 16/12/2019 10:29

Yes. Sounds like a partner for Disko would be a good idea given the technical difficulties.
Kangerluarsuk might be the easier/more rewarding option to go it alone on given that RM said something like 'knowing what they know now that would have been the first priority'. That could also mean that is would have been easier to partner on.

Either way end of Jan(ish) for Dundas verdict from RT, 1st quarter permit news and 'new licence', Disko program news or partner?

Hopefully (or regretfully) next spring I will be looking back at this price and thankful for the chance to add (wish I had added more EDIT: than I did)

[bigboyblue] 16/12/2019 10:06

Yes, he also avoided the issue a bit earlier in the interview when Andrew Scott suggested they wouldn't be adding more. Each licence comes with a licence fee and a minimum spend commitment. I rather doubt if they would be adding ad lib unless there was at least a reasonable prospect of a joint venture of some sort for one or more of the licences.

[perfect choice] 16/12/2019 09:58

Yes I spotted that as well, new licence area coming it sounds, they have found another prospect they would like to go for so would be added to the melting pot of new exploration work in Greenland. Expecting and hoping 2020 will be very eventful for JAY, even those Finland old mine areas are of interest now from that interview.

[dhb368] 16/12/2019 09:48

Thanks PC. Still not happy that they hold 7% of the company via CFD but confident of an interesting next 3 months..

Rod McIllree via ProactiveInvestors
"Any one of our projects would be a significant opportunity in a small company, and we’ve got FIVE – well, we got four – potentially over next period we might have one more."

A bit of a slip but sounds like another Greenland licence in the offing, plus Dundas results, plus lots of external interest.

[perfect choice] 16/12/2019 07:09

Regarding RNS on Sand Grove just out, % holding has only gone down due to placing, specific share volumes identical to 27/11 RNS when they increased their holding.

[kemismelt] 15/12/2019 03:56

gersemi 13Dec19-7150:

Here is the inference: Based on my hands-on smelting experience with three different ilmenite feeds with different FeO content in my pilot plant smelter in 1997 over 9 runs, I can say that they were all smeltable but the 'OR' grade with ~40%TiO2 content behaved better with easier handling of the molten slag. Steensby land ilmenite (LON:ALBA and LON:JAY), in general, is similar to the 'OR' grade from IREL Ltd., India which ERAMET used extensively. RTIT can fool LON:JAY but are their smelting experts willing to discuss this on any open forum through emails?

Again, RNS Number:7295W Bluejay Mining PLC 12 December 2019 Says: The Company's strategy is focused on securing an offtake partner and commencing commercial production at Dundas in the near term in order to create a company capable of self-funding exploration on current projects and future acquisitions. Where is there any indication of commensurate cash accruals to support this self-funding concept? Can anyone discuss the related aspects of the so-called PFS on any open forum through emails?

[perfect choice] 14/12/2019 12:18

We'll until JAY gets its exploitation/mining licence approval for Dundas there is no basis of supply to RTIT. Right now the full optimised production route is not even due to commence supply until late 2022 so Dundas is simply out of the equation until then for RTIT, unless they want to proceed with supply through the more manual ad-hoc and costly supply undertaken this year for the test smelting (pure guess from me but just mentioning). But even for that they need the licence.

Bought 2 lots of 10K this week, the multiple project potential for JAY in Greenland (and don't forget those Finland licenses) just makes me consider JAY is a very good bet looking for handsome returns on a 2 year outlook. Especially at this price, yes I am licking the plate at this price as somebody said!

[gersemi] 13/12/2019 21:24

'I cant understand RTIT. I just gathered from herox.com that they are currently using Hemoilmenite which is perfectly smeltable in a simple AC furnace to get an intermediate feedstock. So what is their trouble in using Dundas Titanium A/S ilmenite with good FeO content for direct one-step smelting? I suspect they are putting needless pressure on Greenland ilmenite with some ulterior motive.'

What exactly is the inference here?

A new write up on MW's site as well

[kemismelt] 13/12/2019 21:01

xclusive2 11Dec19-7117:

I cant understand RTIT. I just gathered from herox.com that they are currently using Hemoilmenite which is perfectly smeltable in a simple AC furnace to get an intermediate feedstock. So what is their trouble in using Dundas Titanium A/S ilmenite with good FeO content for direct one-step smelting? I suspect they are putting needless pressure on Greenland ilmenite with some ulterior motive.

[dhb368] 13/12/2019 20:41

More than doubled my holding at 7.4. Would have done more if it wasn't time to cough up corporation and income tax and of course xmas...

[longrod] 13/12/2019 18:10

Yep...

Ridiculous!

[xclusive2] 13/12/2019 16:36

Bottom fishing in the 7p range looks like a good idea now. Way oversold at almost a 30% discount to the Placing.

[mike290] 13/12/2019 16:34

Trying again...
[...]

[mike290] 13/12/2019 16:30

Adamstip2 - Thankyou


Also, thanks to Mirandaj for the following link and instruction to access the video.

[...]

Video of interview is on right hand side of page

[mirandaj] 13/12/2019 16:04

Video of interview is on right hand side of page

[adamstip2] 13/12/2019 15:57

https://youtu.be/5712q53-8yc

[adamstip2] 13/12/2019 15:55

https://youtu.be/5712q53-8yc

[mike290] 13/12/2019 15:52

Hi,

Does anyone know how to post a link to this Proactive Investors Bluejay interview properly?

Thanks,

Mike290

[mike290] 13/12/2019 15:52

Hi,

Does anyone know how to post a link to this Proactive Investors Bluejay interview properly?

Thanks,

Mike290

[mike290] 13/12/2019 15:50

Here's the link - Apologies.

[...]

[mike290] 13/12/2019 15:50

Here's the link - Apologies.

[...]

[mike290] 13/12/2019 15:48

Hi,

Rod McIllree's interview on Proactive Investors.

With thanks to Platty on the Michael Walters site for this link.

[...]

Regards,

Mike290

[mike290] 13/12/2019 15:48

Hi,

Rod McIllree's interview on Proactive Investors.

With thanks to Platty on the Michael Walters site for this link.

[...]

Regards,

Mike290