Steel delivery for processing plant: https://www.marinetraffic.com/en/ais/home/centerx:-45.3/centery:60.2/zoom:9
Https://www.suli.gl/jobs/rastofomradet-gb/greenland/kommuneqarfik-sermersooq/5x-driller-assistantsqillerinerni-ikiortaasussat-331588663?jobId=331588663&list=SearchResultsJobsIds&index=6&querydesc=SearchJobQueryDescription&viewedfrom=1
This was posted on the JAY board. Not that many companies drilling in Greenland and Bluejay Disko drilling is still not confirmed (I don't think Kobold will focus on this in 2024). Its in line with the Amaroq plans to grow quicker and drill more in 2024 (see https://youtu.be/9aMlG7SyyKM?si=L7mOn1mzRbcdX1l9&t=599)
Not sure if Amaroq used Arctic works services before
Don't see a positive outcome regarding the Kobold JV on Disko.
Need to plan far ahead to run a program at Disko the exploration windows is small. Drilling this summer will be nearly impossible when they still have to start organizing
News didn't come in 2023 while Rob Edwards mentioned they were expecting an update from Kobold in October.
Ask yourself why Kobold didn't give an update so far.
Https://www.linkedin.com/posts/thyssen-schachtbau_nalunaqmine-amaroqminerals-thyssenschachtbau-ugcPost-7160553094265643010-WXET?utm_source=share&utm_medium=member_desktop
Nice to see some photos of construction work at the Nalunaq mine
Https://x.com/Amaroq_Minerals/status/1750058368297824511?s=20
Https://www.thisismoney.co.uk/money/investing/article-12959183/MIDAS-SHARE-TIPS-UPDATE-Mining-firm-Amaroq-Minerals-proves-mettle.html#i-4d6a75757ead5604
"Brokers believe the company will deliver nearly £9 million of revenue in 2024, surging to £56 million in 2025 with profits of £11 million. "
I wouldn't be surprised when Amaroq would acquire the Thunderstone license from Bluejay mining (JAY)
Currently that company is a complete mess and they will likely need to sell assets
Thunderstone license is very close to the Nalunaq Goldmine: https://media.licdn.com/dms/image/C5612AQFHyhGK6fgoFA/article-inline_image-shrink_1000_1488/0/1587038371367?e=1708560000&v=beta&t=HYSkR5lwHMwgH4X_5SUzDkcxapznL6RoelAzKfLtcWc
Yes Ra11adw2 management must be held accountable in case they do not reach their targets. "In the next quarter" excuses aren't acceptable anymore. Look at the shareprice YTD performance.. Is 900K G&A justified for this ??
RE mentioned in September that he was expecting a KoBold update. This is long overdue now and I wonder why it all takes ages. Bluejay management should push for an update to close 2023 some positives... Or can we expect a kitchen sink job ?