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Please can someone with a deeper understanding of these things explain what is to stop the board of Jay approving a fire sale of assets to (say) Whitecliff over the coming months?
There are no major shareholders to vote against it except for Rod. Are there AIM rules?
Thanks RachT. Might pay it a visit to ease the pain.
It’s going to be a great party at the next JAY AGM. I’m sure Troy can get hold of his mate Chris Fraser’s vodka, Rod will supply the weed and oh look, we will have some helium for balloons and squeaky voice giggles. It’s going to be epic.
Sorry Cat, a bit niche with the Skippy stuff. But talking of space cakes..
https://apollon.org.uk/our-products/
Have you looked at the board of directors for Apollon? I’m wondering if Rod had been sampling the merchandise?
“what’s that Skippy? Rod, Eric and John Meyer have fallen down another mineshaft? And CatWithAmnedia wants to fill it in with high grade ilminite that no one else is interested in? Get the shovels ready Skip.”
(Cat, guessing you weren’t brought up in a diet of rubbish UK TV so you might have to Google Skippy The Bush Kangaroo. Top 70s export from Oz, along with Fosters and Rolf Harris).
Dundas is now battery metals, which is more good news! They can’t even be bothered to check the guff they put in their RNS.
With the new board and management team fully incentivised to create value, this new strategy will complement our existing portfolio of battery metal projects namely Disko-Nuussuaq, Dundas, and Hammaslahti.
Just when I thought it couldn’t get more ridiculous!
Having lost a few quid here over the years, I have adopted a new philosophy. I am trying to view my investment in JAY like someone who put up a load of money for a Broadway or West End musical which never really took off, but at least I have a front row seat and can luxuriate in the knowledge that I have helped finance one of the most spectacularly comical circus shows that has ever graced AIM. You should all be grateful. We have financed something special.
In total agreement with those last posts. My assumption is that Troy brought in because of AA contacts to attempt to engage them in Disko in some format, with or without Kobald, who let’s face it would still have 49% without hassle of working with the Muppets Show.
Sorry, Ricky is co owner now.
This is the kind of thing you can do when your mining company goes down the pan, but you have extracted millions from investors over the years,
https://youtu.be/rp_N_j60tbc?feature=shared
RachT. It’s exactly the same folk, albeit with a new geologist (not on BoD) and Troy. Troy left Alien (UFO) in a hurry. Rod was his predecessor there. Check out what has happened to share price there and also check out the finance company who is propping them up. All the usual suspects.
Troy has contacts at AA, which one hopes is why he is here. He is a contracts manager. Interestingly his old boss at Sirius/AA now has left mining and set up his own distillery (Chris Fraser). Believe it or not they have Ricky Gervais signed up and doing ads for their vodka. From mining to comedy. As JAY has demonstrated, they are not that far apart.