Member Info for daramuda

I read your post with interest not that I am in your profession but because I am interested in what is going on in the field of education, the benefits of edtech in both education and future employment prospects. Although you do not specifically mention pupils' access to computers I feel your complaint about lack of resources within the public sector education system whilst at the same time talking about your own investment in EdTech might relate to pupils access to laptops to use online education.
As I understand it 18% of the secondary pupils come from disadvantaged families. The schools where they attend are entitled to a concept known as pupil premium. I believe that the sum is £1,300 per pupil (correct me if I am wrong) plenty to enable a laptop and ancillary equipment to be purchased to enable a disadvantaged pupil to access EdTech unless of course the money is mismanaged by the Head of School or teachers themselves discourage its use..

Good to hear from you, Sir.

Bring it on bottomzup.
You should research the definition of "conclusion".

You might want to reconsider your post timed at 00.20 in that by your sentence commencing "Don't like" ending "now disappeared" you appear to be conflating Dicky_Head who you describe as a mad ramper with Chris Aker and his decision to sell shares to pay his tax bill. The legal principle of defamation exists in our country.

Than you for some very well reasoned posts. There is zero wrong with CA selling some shares to meet a tax bill which is due 31st January which if not will accrue interest. I bet some who are criticising his sale to settle a "tax bill" have benefitted very well from CA's support of the company but of course they are people who wont give him credit but are all too ready to criticise.
What you say about the role of the FCA and the way in which a prospectus comes to be approved is also correct.
I still expect the prospectus with a trading statement to be forthcoming in the near future.

Eddie et al - just my penny's worth concerning bottmzup . For those who don't know, by clicking on further chat you guys will open a new page which has a thread message in green; click on that and you will see another another green marked icon referring to message view , Open that and you can trawl down until you find bottmzup last post. Click on his name in blue and you will open and find his previous posts in whichever company he has posted about.
Trawl down his previous and you will come to one in a company whose epic code is RMS dated 19th January where he refers to greedy city boys.
However keep going and you will find a post timed at 8.18 on the 18th January again on the 18th. There he refers to missing out on an £800 play.
My conclusion is that he is with his proposed £800 just a small punter, secondly that he has it in with any trader who makes a living trading shares and his bile is not restricted to the larger investors in DEV, thirdly he has been unwise in his choice of stocks in the past and has lost money in the market and rather than blaming his own poor investment decisions blames others for his self-induced misfortune.
We should all hope that either he moves on from investing in listed shares or that he accepts that if he stays invested he should keep his bitter thoughts to himself.

Randy Poffo - what a pseudonym- I suggest that you refer to the RNS dated 13th May 2020 which sets out the deal with Intrinsic (since acquired by ASLR). The exercise of the warrants once other conditions complied with is subject to shareholder approval no later than, if I recall end April which will not be a problem given the shareholdings of Chris Jeffries and other major holders.
Hope that helps.

mrcalm - See RNS of 01.12.20; subscription update. Prospectus to be approved by the FCA no later than 25.01.21.
I am hoping that it will be released to the market next week.

If the prospectus and a positive trading statement are released next week there is little reason for the share price not to move forward substantially.
I agree with Fraryan, would those in dispute find a boxing room and take out out on one another in the ring.

In my view poster Saseefeldt is posting negatively either because he has nothing better to do or because he wants to encourage investors to sell so that the price declines in order for him to close a short or because he wants to buy in at a lower price.
The facts are that the company has never been in a better place. We now have a board which is largely Danish in composition. The Danes understand what is required amongst the people of Greenland. Greenland is an autonomous territory but part of Denmark. Danes and Greenlandics think differently and have a different society to that which we know in the UK.
We have an exploitation permit. We have access to funds to development through ERMA. What we need which should be forthcoming soon is the updated capex required to develop Dundas and then the necessary finance. Much of the equipment and development cost may well come from Europe.
And then there are the other prospects including Disko where we might see a JV with Anglo American who have licences around many of the licences which we have.
Time to add or hold and not to sell. In my view the shares are undervalued and an investment derisked.

The strange thing about discussing sells is that few commentators mention that someone(s) has bought those shares. Worth bearing that in mind.

Indeed sunset, I did. I have been more polite today. Let us hope that there is plenty of forthcoming good news to keep you happy!!

goodness barnard, how sunset's mood changes!! I have to say that I guess that we would all prefer his happy mood and that if he is feeling glum he should keep quiet.

Yes. I should know since I first invested in March 2016.

I suspect that he will as an exec chairman guide Bo Moller Stensgaard in taking over from him.

What RM stated is where it is.
Bo Moller Stensgaard has been taking a bigger and bigger role in the management of JAY. He understands Greenland very well cf Geus and c.f. his growing salary. Greenland is an associate country of Denmark - Bo Moller is Danish. There are other members of the management team who are Danish. Jay is a founder member of ERMA c.f. critical minerals and finance to develop critical mineral prospects. Who better to lead the way forward and take charge of the optimisation study to improve the capex required to build plant and finance to develop Dundas than someone who understands the mentality of the Greenlandics, knows the key personel and who has gained their trust. Forget comparing them as if they are British and think British - they do not. The Greenlandics are an independent people, proud and value their wild life and flora.
The foregoing is not to belittle what RM has achieved but I guess that he feels that he has taken the company as far as he can at ground level and that he can now leave matters at ground level to the "locals" and trust them to make sure that the value of his 76 = million shares in Jay increases.
It makes plenty of sense to me. My only disappointment is that the share price (14.5) is not at that level to act as support but I see the new investor adding at the lower levels (as stated in the RNS), being an institutional investor, possibly American and wanting himself/itself to see the price back at the level at which the RM deal was completed and then higher.
SnipVW - it would be a mistake imo if RM were to interfere too much with that which Bo Moller does. Ex Prime Ministers do not make good bed fellows if they snipe away from the back benches instead of making quiet suggestions when asked to help.

sunsetsupper - behave!!!

Thank you Dip 66 for a very good thoughtful post.
We must stay civil. I do not mind negative posts provided that they are not created to promote a selfish position and are not used to take advantage.

We should welcome today's news. The company has moved into the phase whereby Dundas will be developed, As members of ERMA finance to develop Dundas should be forthcoming at good rates, The capex required will soon be better understood.
Who better than to develop the asset than a Dane at the helm. Rod McIllree has explained that well in the RNS, I also see the prospect of developments with the other licences that the company has.

The ship will steady barnard but should keep sailing forward.