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Rns at bluejay
Shorting? It's a tiny Mcap. Don't think so.
Dundas mentioned in recent Jay RNS
Where can I get some info on dundas not being economically viable for bluejay?
Seems a bit of a severe drop today for no particular reason.
This is share now or the world in general people want something for nothing... shorting idiots are on a shorting road to nowhere... lets hope the PEA has something decent to declare...
Yes Bluejay found that the Dundas project is not currently economical. I hope Amitsoq is more viable for us.
That's a chunky drop with a lot more trades than usual, though only one large sell. Leaked news of a poor PSA or MMs fishing for cheap shares? Let's hope it's the latter.
Is its a very expensive place to mine - just go look at past projects. Typically very expensive to get the resource out of the ground. Looking forward to the PEA, to see where on cost curve it is.
Oh that would be right with the sad negativity around many shares, even when there are positive moves forward... just have to hope there is some common sense.
Looking promising here... perhaps the EU having to do something is going to help we hope
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PEA will enable GreenRoc to firm up a work programme for the coming year focused on fast-tracking the Project towards development status.
· Ongoing discussions with several potential off takers, with the Company expecting to send new graphite concentrate samples to interested parties in Q4 2023.
Not a big deal to wait another few weeks for the PEA on something that won't be in production for 3-4yrs.
Sp drop expected...
GreenRoc's CEO, Stefan Bernstein, commented:
"We look forward to publishing the PEA in October, only slightly behind our originally planned schedule. The PEA will provide a detailed assessment of the technical aspects and costs associated with the construction and operation of our Amitsoq mine and processing plants and enable us to plan the next steps.
"We are also delighted with the growing interest in our product from potential international off takers, driven by their recognition of the importance of securing a future pipeline of non-Chinese graphite in a global market which is being driven by phenomenal growth in demand from the EV battery sector.
"I look forward to speaking to investors on 3 October 2023, when I participate in the focusIR/London South East Natural Resources live webinar."
Overview
· Preliminary Economic Assessment ('PEA') on Amitsoq anticipated to be published in October 2023.
· PEA will enable GreenRoc to firm up a work programme for the coming year focused on fast-tracking the Project towards development status.
· Ongoing discussions with several potential off takers, with the Company expecting to send new graphite concentrate samples to interested parties in Q4 2023.
· Joined the Danish Centre for Energy Storage ('DaCES') to collaborate with Danish universities and companies in research, innovation, and export.
· The Company is participating in key industry and investor events.
no need for dumb shorter comments on a sp****ly populated bb like this. plenty of reasons voiced at that amsterdam conference as to why the graphite prices are at all time lows, natural graphite producers are under the radar, slow to develop and lagging behind chinese synthetic producers.
Wow the shorters are here trying to push the price down for their own stupid short term gain
sell now,,,and miss out on 3x 5x 10x - yes we need a PEA but dont fall into the greedy short trap
Bluejay's RNS today mentioning the shelving of their Dundas project as being uneconomical to progress in today's economic climate may be weighing on sentiment?
SP dropping every day - bring on the PEA.
Try again -up to 8x present demand https://t.co/fCmZjTQmHX
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Looks stable nice for a change compared with other shares.... waiting for the PEA... expect there could be a rise
A further review of the chart, reveals overhead supply, which is previous trading at higher prices, on the approach to 5.0. This would explain the apparent profit taking, today and retreat from high of 4.85. Conversely , there is apparent support at Friday's price level of 4.5, so expect sp, to rebound from the 4.5 price level.
Equity engaged in a bearish downtrend from when it first began trading, shown as lower peaks and lower troughs. The trend began to change to bullish, when the first higher peak was put in place on 5/6/23. Final confirmation of the change to bullish uptrend was when the higher trough occurred on 31/7/23. A bullish 3-line break happened last Friday, so overall higher sp, is expected. The RSI(relative strength indicator ), being above 50, gives additional confirmation of uptrend.
Yeah, i’m waiting for KOD too 😀