If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
RM leaving= Ashton leaving…?
Au revoir again Ashton
Same as others have said I don’t feel how the departure of the only out and out bull brings balance to the force - I mean board.
Personally I’ve all but given up on Jay. I will retain a seven figure number of shares that sounds impressive but with Jay that’s now worth next to nothing. I’m not selling but equally not adding to my holding unless material progress or news is announced.
Recently this was for me a speculative Net Zero transition play - there aren’t enough battery or electric infrastructure metals for this to happen and it was my hope that Jays potentially huge resources could somehow be expedited and put to work but neither Jay nor vast expansion of electric infrastructure is going anywhere fast. (A topic for another forum.)
All the best Ashton. Thanks for your efforts to date. This board seems to have become rather combative of late where anything positive is shot down. The board need to deliver now. Comms are pitiful as always and the share price appalling. Hopefully someone has a plan. I am heavily invested here and well down with an average of 3.9p some bought on 2018 as high as 24p. As long as the metal is in the ground I still have hope. With Dundas reinstated and fully permitted I am hopeful that there will be enough money to see JAY achieve some sort of return for shareholders……eventually.
That is a sensible list of questions. Now we are virtually into the month of May, perhaps the BOD have almost had enough time to complete the tasks in question, lol.
IMO, you should have had answers to several of those questions long before now (not least the cash runway question), but it is good that you seem to be keeping their feet to the fire.
Like a few of the other posters, I obviously think that your optimism and faith is misplaced, but as long as the company is a going concern, I guess hope remains for your holding here.
Until the next company update, I wish you all good day too.
I have decided to take a break from posting. Before I go I must make it clear that contrary to what some posters might think, I am not here to promote JAY. My posts have been a reflection of my unflinching and unshakeable belief in the promising assets of JAY, in particular, Disko and Kangerluarsuk (district-scale tenements). My hopes for JAY may or may not materialise and I know only too well that JAY being an early-stage mining explorer is a high-risk/high-reward play. Just like other shareholders, my objective is to hopefully get a decent return on my investment. Although there have been some serious setbacks recently (e.g. suspension of the Dundas project, lack of progress with Disko, etc.), I hope Eric Sondergaard (MD) and his team will progress the company with renewed vigour and reverse the abysmal share price performance he has inherited.
I am not blind to JAY’s weaknesses. For my part, I have conveyed to both the previous management and present management that there are two key areas of weaknesses where JAY can and should do better:
1. Management fulfills the expectations they raise.
2. Management provides timely and effective communication.
In terms of timely and effective communication, shareholders are waiting for answers to the following questions and updates on them:
1. What is the plan for progressing the Disko project?
2. Kangerluarsuk and Hammaslahti have now been deemed as strategic assets and are therefore not for sale. So, what are the plans for progressing the development of these two assets?
3. What are the plans for and the progress on the sale of Dundas, Thunderstone, Enonkoski and Outokumpu assets?
4. What does the recently announced "Expansion of Corporate Strategy" actually mean in practice and how will it create significant shareholder value?
5. How will JAY fund its business over the next two years?
I have conveyed to the present management the urgent need for answers to and updates on the above. I have also conveyed the urgent need for the maiden interview with ES. The interview is now well overdue given the fact that four months have passed since ES was appointed.
I am expecting some news updates pretty soon. They could come out within a matter of weeks or even days.
Finally, maybe my departure will bring a more balanced playing field for discussions about JAY.
Good luck shareholders and Goodbye!