Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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EnuffRMbs - LOL, cunning plan. You might be right; RM isn't going to be worried about tarnishing his career any more than it already is ;-)
RachT. Maybe they are not so daft. Perhaps this is a cunning plan to flush out Kobald by masquerading as a hydrocarbon explorer. Brilliant. We get the 49% back. Rods a genius!!!
Dundas is now battery metals, which is more good news! They can’t even be bothered to check the guff they put in their RNS.
With the new board and management team fully incentivised to create value, this new strategy will complement our existing portfolio of battery metal projects namely Disko-Nuussuaq, Dundas, and Hammaslahti.
Oh, and how about the relationship with Kobold, which I reckon is going to be terminated anytime soon. The news today more or less confirms it in my opinion. BreakthroughEnergy was established with the sole intention of helping to drive the planet away from fossil fuels - working with a co. that is proposing to develop fossil fuel production in a such a clean and unspoilt territory like Greenland simply does not match their agenda. Goodbye Kobold, and goodbye Bill & Jeff of course :-)
Just when I thought it couldn’t get more ridiculous!
Having lost a few quid here over the years, I have adopted a new philosophy. I am trying to view my investment in JAY like someone who put up a load of money for a Broadway or West End musical which never really took off, but at least I have a front row seat and can luxuriate in the knowledge that I have helped finance one of the most spectacularly comical circus shows that has ever graced AIM. You should all be grateful. We have financed something special.
Regarding the termination of the vice president's employment due to gross misconduct, it's noted that he was attempting to establish a company in Greenland. This action suggests some prior knowledge. It's worth mentioning that he did not appeal the dismissal decision. Additionally, amidst concerns about financial losses, diversifying one's investment portfolio might be a prudent approach, given the volatility of the stock market.
Anything this sh*t sounding simply has to 100x bag, right?
They need to get involved with helium so they can inflate their egos, and salaries, and of course the balloons to keep this whole s*** show on the road
In six months time it'll be mud - drilling for mud.
Ya gorra lol I suppose :)
Dear oh dear - are they scrapping the barrel or what? This really does look like an act of desperation - none of their schemes have / are working so what pretence can they cook up to persuade suckers to invest? You can imagine RM's chat with the depleted BOD and now miniscule team of experts. We desperately need money and the news of rekindling Dundas hasn't shifted the sp - what else can we do. I know, helium and hydrocarbons, that should sucker a few more punters into investing. They're hoping investors will ignore the fact that they haven't really got enough money to progress their other plans so will need masses more money to explore, licence and progress these new options.
Well my £1800 invested here is currently worth 70 quid. So why not look for gold or oil as well, also nickel, coal, uranium and diamonds. There must be something in those rocks !
Have they found substantial gas deposits?
A cynic might conclude they are looking for fresh retail money to pump the SP up, with this new/additional resource hunt.
Looking forward to Ashton's take on this...somewhat unexpected news.
Like the other poster said, do they have anyone in the team with relevant skills and knowledge in that space, or will it require additional headcount (costs) and another raise perhaps?
How are those non-Disko asset sales going? How long is the cash runway going to last? Not mentioning Disko, because I appreciate that it is currently out of JAY's hands to update on this right now - but the other questions are not.
Goodness me :)
Probably because of the gas blowout they encountered from the disko drill blowout that rod posted on linked in, I commented at the time make sure to look for helium!! Still leaves many many questions but.......
HAVE THEY COMPLETELY LOST THE PLOT.?.??!!!
Really? Is there anybody - anybody at all - within the Bluejay team who has any knowledge whatsoever of exploration for gas of any type?
In total agreement with those last posts. My assumption is that Troy brought in because of AA contacts to attempt to engage them in Disko in some format, with or without Kobald, who let’s face it would still have 49% without hassle of working with the Muppets Show.
Jimbolina - morning to you. I very much doubt it and thought exactly the same when some posters claimed Kobold's connection signalled Bill and Jeff's endorsement of JAY. Ludicrous really. BreakthroughEnergy has over 100 investments and will be run by a dedicated team of associated experts. However, I do think the team running it, almost be necessity, will require an unquestionable level of corporate governance due to both the involvement of it's founding members and of the almost altruistic endeavours it was established to create. Why get involved with the likes of RM? After all JAY is surely insignificant to BE - they are working (and have had success) at many other locations with many other enterprises. Time will tell if they even drill further on JAY's plot.
Do you think that Jeff and Bill even know the name Bluejay? I think they work in the clean fresh smelling stratosphere. Kobold dig about in the dirt like peasants. I doubt the two levels ever meet. They will have people to read the quarterly reports from Kobald. That they have even heard of Rod is unlikely. I don’t trust Rod for what it is worth but he is a necessary evil for now given his rather impressive connections built up over 20 years in Greenland.
Agree. If I’m being generous, I would describe him as ‘maverick’. There are others more appropriate.
EnuffRMbs - UFO, what a dubious co. that is / was. No doubt it's excellent corporate governance (LOL) inspired the infamous Dave Lenigas to promote it - that says all you need to know. Oh, and as it was such a well respected and highly regarded outfit (LOL again) RM saw an opening to work his usual magic and joined in for his share of a few dollars while the shareholder's value was being trashed.
I'm not sure why some poster think any company with the merest shred of dignity, honesty or record of good corporate governance would ever think about doing business with RM. I think Kobold are looking to get out, even if it costs them. I might be proved wrong of course but ultimately would Bill and Jeff want to be associated with a character like RM?
Sorry, Ricky is co owner now.
This is the kind of thing you can do when your mining company goes down the pan, but you have extracted millions from investors over the years,
https://youtu.be/rp_N_j60tbc?feature=shared
RachT. It’s exactly the same folk, albeit with a new geologist (not on BoD) and Troy. Troy left Alien (UFO) in a hurry. Rod was his predecessor there. Check out what has happened to share price there and also check out the finance company who is propping them up. All the usual suspects.
Troy has contacts at AA, which one hopes is why he is here. He is a contracts manager. Interestingly his old boss at Sirius/AA now has left mining and set up his own distillery (Chris Fraser). Believe it or not they have Ricky Gervais signed up and doing ads for their vodka. From mining to comedy. As JAY has demonstrated, they are not that far apart.
Expired a few months back but might be relevant.
Wasn’t listed in mining section.
https://www.suli.gl/resultat/vis-job/print-job.aspx?jobId=331580127&mode=print&hs_lang=en-GB