Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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Yes followthevein, they made a pigs ear of the TBS drilling in 2022 and as far as I can see have not published any results. I may have missed it? But GreenRoc all about the graphite now.
GreenRoc previously held 4 licences in Greenland.
Like Bluejay one project seems to be focused on. Amitsoq Graphite Project in Nanortalik.
Melville Bay Iron Ore Licence was relinquished a few months back.
Inglefield Multi-Element licence, not mentioned no more.
It seems unless Greenland minerals Licence haven't updated but Thule Black Sands Ilmenite licence expired..
They had delays in their drilling programme.. results !!
The broker / John Meyer does not run the company, they are for advice, interpretation, networking and analyst etc. As they advise many companies, they are very much led by the materials given to them by the company, if there are dubious actors with malicious intent, the broker can only voice their opinions (with John did - numerous times). As always , nothing is “black and white”, there are shades of grey. Let’s see the next instalment and progress to recovering some sensibility - clearly things are in progress.
Yes John Meyer - the very same chap that once touted JAY to be worth 40+ per share but all the while he was busy ramping JAY his co. (SP Angel) were selling the shares they held in JAY into the price spike he created - nice work if you can get away with it, after all poor chap needs a decent salary for his exemplary work.
Ah, John Meyer. A voice perfectly suited to TMS. Working in tandem with Aggers might confuse the listeners though.
As for his stock picks: listen to 'mining sector stock tips for 2020' (SP Angel 27 Dec 2019).
One of several reassuring commentaries on Bluejay, all of which, at the time of print, have been an absolute disaster for anyone who put money here.
Would be interesting to know if he remains bullish still on this one (and on BMN for that matter, which was also one of the gems he picked in the video as cited above).
To be fair, John Meyer always doubted that drilling set up.
https://www.share-talk.com/sp-angel-morning-view-todays-market-view-tuesday-16th-april-2024/
Acquisitions equals Thule black sands, surely
"The termination as of 28 January 2024 of the employment of Mr. Joshua Hughes, Vice President of Exploration, due to gross misconduct. Following an investigation, the Company found that Mr. Hughes had set up a competing business intended to operate in Greenland and, in breach of his employment contract, found that he had (i) misused Company confidential and proprietary information in securing exploration licenses surrounding the Company's Dundas Titanium project, and (ii) sought to conceal certain of these actions from the Company."
Mr Hughes actions suggest there is some value in the project, but IMO no one outside of JAY is going to trust any historic Dundas results now without further drilling.
Time they started extracting value from their existing acquisitions instead of spending on more opportunities in Greenland.
I'm expecting another placing this year (soon!), so that they can drill something, esp if Kobold dont drill Disko. They cant/wont sit on their hands waiting for an asset sale. which could take years.
At least the JAY SP isnt plagued by Bots...unlike SOLG...
Market seems tom like it...JAY is the only blue on my screen today...
Was it?
And if so it makes the Disko 'blowout' that I was told about even more credible...
LOL - you couldn't make it up! That smacks of incompetence - incompetence the big boys will just climb all over themselves to team up with, NOT. Expect more 'great' news about Dundas soon; looks like RM & his cronies are realising all their other schemes are doomed to failure and are desperate to rekindle any interest in JAY that they can. Probably big up Dundas again and try their usual tricks to con investors to part with their money. Now that they have a very very much reduced pool of experts (sacked them all) it's rather strange how it's so easy for the one or two left to discredit previous findings when it's convenient to do so. My guess is that Kobold are not going to drill & nobody wants to partner JAY - and RM knows it. Could be proved otherwise but why reinstate Dundas by using the feable excuse that they think shouldn't have used diamond drilling - weren't we told time and time again there is years and years of eroded material already to be scooped off the beach?
In fairness, this pretty much confirms what a lot of people on here already suspected especially related to the drilling method.
However, the damage is already done to investors trust and just because they have reinstated prior resource estimates doesn't mean that everything will suddenly be alright.
What to say? This company remains a real head-scratcher.
At least holders have an update on Dundas I guess, although this looks like a lot of road still ahead before any kind of destination, to my mind. No progress on selling this, or any of the other assets, one can only presume.
It will be interesting to see what the market makes of this and whether they interpret it differently to current or former holders that feel mistrust or at least cynicism, based on our experiences in this name.
It will be interesting reading the differing opinions today. GLA.
Ok RedKnight, let’s go with that. So should we accept the Disko fieldwork conducted over same period managed by same people?
I'm only an amateur but having read the RNS in detail it seems that 2022 was an utter shambles.
Let's see what the market thinks. It strikes me that the Board wouldn't reinstate Dundas without good reason, especially with cash resources so limited.
And the award of options at such a low strike rate suggests either a degree of optimism or the possibility of a predatory approach sooner rather than later.
Indeed this revision may be inviting one.
After all, even at 1p AA, RIO or Kobold could pick this up for c£17 million...buttons...
Don’t be like that Big Boy. We’ve struck gold! Comedy gold.
Surely everyone will believe it all. A Qualified Person has put their name to it after all. Oh, it's RM............
It's time to play the music
It's time to light the lights
It's time to meet the Muppets on the Muppet Show tonight
It's time to put on make up
It's time to dress up right
It's time to raise the curtain on the Muppet Show tonight