Member Info for ENGLISH73

Why?

"Water disposal facility at the CNB pad began operating on November 2, 2024. This completes the current water disposal infrastructure allowing Arrow to increase pump rates and production."

They've put in place adequate facilities for current/future production from existing pads.

I'm not seeing any red flags, management having put a foot wrong so far, no debt, and focused on managing the reservoirs for longevity.

Unbelievable, you'd think they'd hit a duster!!

Organically funded drilling campaign, adding production and 3 million in cash reserves in 2 months.

Lots of upside to this company!

Since the share price high on 28th Aug (33.5p) Arrow have added 5000+ barrels per day(net 2500 to Arrow)

Even with the softening of oil prices, they are chucking of free cashflow.

Recent presentation(see below) states 15mil cash plus 3.5mil per month and more importantly....no debt.

This is still incredible value at this price.

Thank you, appreciate the reply. Let's wait and see.

Great interview. If their plans over the next 18 months come to fruition, Arrow will be a beast of a company.

Next week's horizontal results should wet the appetite!

Shall I presume that it's too late to complete and return that form? If so, do we receive nothing or will they find other ways to send us shareholders some funds?

"The Company spud the fourth horizontal well (CNB HZ-5) on August 22".....maybe end of the month till it's on production?

They're certainly active with that drill bit!!! Good to see a company working for the shareholders.

I think the new government will show more diligence in choosing mining projects that don't sacrifice the environment while offering Greenland an economic future.
I also agree with other comments that the word "uranium" in the title of any mining project will provoke a negative reaction. I believe the Kvanefjeld project were planning on burying their waste at the bottom of a local lake. That's always going to ruffle dinner feathers! Would you want that on your doorstep? There's no comparison. Is it not akin to submitting building plans that either contribute or blight the local area?
Bluejay's is low impact because of the purity of the resource and a requirement to reinstate the beaches afterwards(quite what that entails I don't know!).
Think most boxes have been ticked and but we'll wait and hopefully know more soon.

Understandable that there would be some concerns from investors concerning the elections and their subsequent impact on mining in Greenland. But Bluejay's Dundas project and Greenland Minerals' Kvanefjeld project, albeit both being mining, are very different. The Kvanefjeld project has no licence and fierce opposition to uranium mining, that are now the ruling party.
Bluejay have most of the required components in place, the environmental assessment, Mining licence, a MOU for potentially 75% of product(offtake) for next 5 years and American banks vying to offer finance. The simplicity of their operation, scoop sand of the beach, grade and haul by ship to offtakers, is about as simple as it comes.
I feel confident the Dundas project will move forward and we'll have more news relatively soon.

Nice to see Dcat getting the love he deserves. An informed poster as opposed to a ramper, always appreciated his comments and research. The share price looking rather spritely today!

Agree Swizz, first small steps in Jangada's journey. I think the valuation disconnect is more evident when comparing to other miners, with quite ridiculous mcaps! Fingers crossed for 2021.

Always read this board with interest...one of the more sensible ones.....but rarely comment(sometime converse with Dcat on Twitter) Very positive moves in share price recently, but shouldnt confuse this with the Mcap being any where near full value...still only £20m!!!

Schlemiel, good write up. I presume SP Angel did the valuation of 29.4p and that possibly needs updating on the offtake news today? Strange reaction by the market today but #jay seems to be a slow burner.

Love reading this chat room, it's a far cry from some of the snake infested others! Still think we're on for trial mining sometime in 2021?

Hopefully the trading/collections update next week will give the share price some support. Hugely unvalued company.