Member Info for daramuda

Greg - in your post fated 26th July you stated that big pharma had already tried to buy Evgen Pharma prior to the IPO, I may well have missed it but I could not find evidence of this in the 2015 admission document.
Can you possibly expand on your statement.

Spike - You are correct but if you track Greg's posts you will see that he has consistently stated since July that the results will be early October. Whilst I have no reason to challenge his view, I personally will be more cautious fully aware that there can often be slippage. Be that as it may be, the argument for SFX-01 appears compelling.

You might want to know that there is an article of relevance at page 16 in today's FT.

I am sorry to sound pompous but I have been invested and have at times sold and bought stock in Bluejay (FinnAust) since early 2016. A fellow investor has tracked the Nordic Barents for the past little while. It arrived at Moriusaq overnight 26//27 August. It is currently moored off the coast. The company is making available on Facebook photographs - I suggest that you look at them. You will see the ship. you will also see a grey barge with two vertical items which I suspect will be used to transport Dundas sand to the Nordic Barents for up-loading. If you check the Nordic Barents website you will see a blue box marked photos. A click on that will give you an insight into the lifting equipment that the ship has.
I am afraid that I do not have time to enter into dialogue but I suggest that if you are interested in the company you read and master every RNS this year and also visit the company's website. The company has suffered short attacks from some who used poor company communication and over-leveraged positions to attack the share price which is now recovering.
I hope that this helps. PS the ship is not in the wrong place and is not going north Vulcan!!

The Guardian is reporting that the USA are to have a consulate in Nuuk.

Ian - 40,000 tons of ilmenite bearing sand transported by ship from Dundas to the pilot plant in Quebec to be processed into ilmenite concentrate at a rate of 2,400 tons per week. The concentrate amounting to circa 5,000 tons is then transported to RTIT's Sorel smelters for testing. If the testing is ok one hopes that a deal is reached for RTIT to buy the Dundas licence and assets or some other deal. The ship should arrive at circa 14.00 Friday 23rd local time at Nuuk GLand at some stage travel north to Dundas where a jetty has been built for the mounds of sand to be loaded for onward shipment to Quebec. That is my understanding.

Kemismelt - Please expand upon the anacronyms which you have used.

Ian - understood. I suspect that they already are. It might be helpful to you if you do some background research into them. That will I believe assist you in your thinking about your investment, its assets, their development, the inter-relationship of Denmark and Greenland and possibly future funding per the Disko RNS.

The recipients are very important to and for Bluejay and so do not criticise the grants of the options.

Agree - he possibly had as little as 10,000 shares and was trying to spiv them. Anyway we will all be wary of him in the future - if he reappears.

Back to business there appears to be plenty to play for. Bluejay is now a binary play.

News coming through regarding Dundas on Facebook . And it seems that a FTSE 100 company has acquired licences adjacent to Bluejay's at Disko - one wonders why.

I am (like others I am sure) very grateful to you for the reports. It is now down to Medea Natural Resources to collate any approaches received by the company and by contacting their own connections, to raise the money for the BFS. I have heard a good report about the ability of Medea.

I understand that the company considers that no further drilling at Empire Mine is needed at the present time.

My own view is that raising the money for the BFS provided the terms are acceptable will give the market the necessary assurance that Empire Mine will go into production. First thing would be the open pit.

This could be huge but a start to production is a precursor to the exploitation of other parts of Empire Mine.

We have an excellent geologist and miner respectively in Dennis Thomas and Roger Turner.

Right On - any more to add from the agm? I could not attend since I was abroad on the day.

Not so sir. I do not need to convince myself.

The article for which I thank you also highlights cost of fuel. The distance from say Africa to Sorel is has greater than from Dundas to Sorel. Also cargo is at risk of damage; minimise distance reduce risk.

My view is that there may be a general move towards sands in certain areas of the world for the east and those for the west.

Another reason why RTIT might want the Dundas sands is the high ilmenite content and less deleterious material within the sands compared with other sands and the available quality iron content.

Also it is worthwhile researching Rio's admirable drive towards the future of mining being more climate friendly and green. All in my opinion.

As you say, Rio have an interest in Savannah Resources where the asset is in Mozambique. Kenmare's Moma mine is also in Mozambique.

Following the cyclone in Mozambique, the Red Cross reported that everything had been destroyed. I believe that that was an exaggeration but the cyclone caused a great deal of damage and dislocation. The country is still recovering.

Sierra Rutile had its own problems in Sierra Leone with civil unrest and then more recently Ebola with the knock on effects which that horrible disease had on the company.

Most countries have benefits and detriments.

Mozambique is a bit further from Quebec than Dundas.

Each to their own.

bucklerfern - in ordinary circumstances I would agree with you but Bluejay's sands are not those of Kenmare, Iluka (Sierra Rutile) or Base.and the market is for those companies which require very high grade ilmenite which will give those companies with a high grade end product for titanium with also high grade iron.

I am not critical of your opinions, but with respect, you have missed the real point of Dundas.

Will - I would not expect or want you to ramp the stock. I am not a short term trader looking for any ramping help to improve my position.

My point is please try not to give out mixed signals.

Yes, JAY has a long way to go yet and it is, from my perspective, very promising and positive.

You will 1734

Anyone would think that you are short JAY the way you carry on. There will be potential investors in Bluejay who, looking at most of your posts, would run a mile and look to invest elsewhere. If that is your intention, you will carry on as you are.

If however you are a genuine investor and believe in the assets and potential of those assets licensed to Bluejay, is you will change the tune.

In my opinion, I believe that Rio Tinto and Bluejay will tie up a deal for the Dundas sands once the exploitation permit is granted. The quality of ilmenite, following processing, is too good to ignore and the lack of deleterious material in the sands is in my opinion beneficial for RTIT's smelters.

That will then leave the other assets. I hope that Disko will benefit.

and rightly so.