Member Info for ChirpyCheep

Thanks for posting this; it's a " headwind" as ES referred to in his recent TMS interview.

The only problem though is that these headwinds can take a long time to manifest in the share price.

Without trying to state the obvious new capital will shape the share price more.

In this respect do you have any thoughts on the sale of assets.

In the TMS interview ES referred going back to shareholders twice.

That would suggest a placing is nearer than a sale ?

In reply to your question I guess so

To quote ES in reply to my email

"To retain 2% of the project, they were required to drill 15 holes, or spend $11.6M in drilling related expenses, else their interest will revert to 49%. "

Moreover

"Bluejay is happy to regain the operator role in the JV"

Besides your are never wrong!

I guess you think I was being negative in my last posts.

I wasn't.. The JV has been in the public domain for sometime sometime and most seem to agree its a poor deal; that has been stated numerous times.

However, RM et al aren't stupid. and neither are K. There must have reasons why the deal was structured why it was ie there must have been reasons why control is important and I was just looking for your thoughts.

Listing could be one reason ?

Ok 49% but reverting to 51% by the end of the year.Cant quite see how that affects the point I am making .Perhaps I am missing something ?

Ashton

ES also said " Bluejay is happy to regain the operator role in the JV, as we have more control over the direction of Nikkeli and the path forward."

Now this bit I am in agreement with the Altruists on.

I simply do not understand why 2% of Disko is worth $11.6 m

OK JAY retain control but is control worth $11.6m ?

Cash or control, most would take the cash.

Stage 2 was never going to happen

RE was right! He had nowhere to go.

Thank you for your reply; courteous as ever.

ES's reply to me was only about 4 lines but he did say K were " relieved" to have the current team back.

Interesting choice of word; one can only assume there was, as you have said , a bust up.

Apologies forgot to mention.

I did email ES about Disko, after you provided his email address- thank you.

He didn't give much away, but that's what I expected..

However, his tone was very courteous and professional; perhaps he does want to get small investors on his side.

I think this is the first time I've disagreed with you.

BBs are about opinions not facts; the facts are all there to see.

For example Rach repeatedly mentions the 97% share price fall; well any numpty can see that.

Notwithstanding the Altruists pejorative and vile language they do have a point about Kobold, and if I may so have been more right than the JAY believers

Even a big supporter like myself thinks they've done JAY a kipper. Apart from some flowery language what is there to say they are totally committed to Disko ?

Your OPINION would be appreciated.

Strip out the language what have K promised ?

I try not to be rude but I do not believe you have made money trading JAY.

Have a look at the charts, it's all been south, There has been so few upward gains to make any money.

I'm with Ashton I'm not posting any more.

6 posts today, 6 posts of vitriol. Can't compete with that.

There are 170,000 charities in the UK .

But none deserving of your attention more than JAY shareholders.

How about spending your energy on one of the other 170,000 unfortunates.

Tiresome.

Thank you.

I repeat it would be good if you keep posting.

LWHL & Enuff are pretty negative but at least they will converse.

Have a look at Rach's last post; 7 points and 7 pieces of negativity.

We need an antitode to Rach, Kat and oh yea Definitely Yes!- and others.

Good post, thank you.

You know 10x me but it looks to me that JAY chose K, sorry gave 48% away to Disko , because they thought they would be better at targeting a complex ore body.

Enuff

To answer your questions

Don't know

So what; doesn't mean that RM is guilty of anything dodgey, happens all the time.

RNS' s are issued by the company; are you implying he didn't have the right to buy back in ?

LWLH

Understand your sentiments but the whole gist of Ashtons argument is that the assets are worth more than the MC. Their is a push and pull here Management v Assets. I'm with the assets

As somebody cleverly said on here a broken clock is accurate twice a day

11/02- you said that you didn't think for one moment that K would work with RM, and called him a Snake Oil Salesman

Strong words and I'm sure you had valid reason for those comments.

Do you not feel a bit comfortable that K will work with RM ?

With respect the market will respect their views more than yours.

Not so much Rach's though!

Somebody posted his email address on here; do they mind reposting it please.

See if we can get an answer to the original Dusko deal.

Enuff said it was poor , which is an understatement.

FFS, we need your thoughts !- although not necessarily on the last RNS which didn't tell us anything we didn't know.

I think you need to reconsider.

It looks like you have been bullied off by the Altruists.

As you said Rach's first post was having a pop at you; job done for him/her/

I fail to see how your leaving provides a more balanced board.

I don't think that the Altruists were asking for your opinion on recent empirical evidence regarding the change of strategy, because as you say there is very little to go on.

I think the point they make is the current Management are in large part responsible for the current share price, primarily because of putting all their eggs in the Dundas basket and basically giving Disko away for as RE said " not a lot of dollars"

And this current dip into the Helium et al market is not a reflection of the viability of those markets but the inability of Management to formulate a strategy for the assets they already have ?

Polite question please.

Ashton is viewed by some as a JAY mouthpiece, he has posted 70 times in the last month.

You say you are not invested ( or only marginally so ) so if you've posted 69 times in the same period what deductions can anybody be reasonably expected to make ?

Thanks for that; excellent synopsis of JAY.