Member Info for Goldenegg

Try www.invetegate.co.uk

A week ago the share tender made no sense, as you could sell on the market for higher, and why sacrifice the 25p divi? Not sure what they are trying to achieve, other than a reduction of shares in issue (and I'm not sure it does that) Today however, almost 50p down, it would have been worth going with the tender and then buying back in, even if you sacrifice the divi. Not my sort of game though - just hold long and strong. Company fundamentals and performance consistently good, though I confess I don't understand the fluctuations in the s.p. To be honest I would have liked to see a straight forward extra dividend payment rather than this tender nonsense.

Good, constructive strengthening of the board with a view to maximising potential here. Titanium dioxide specialist with consultancy experience with Bluejay - would not have joined the board if he didn't think it was going places...... IMHO of course. Still cannot understand why this share is not on people's radar. I don't think even those who are already invested bother to follow progress...... Each to their own!

All resolutions duly passed. End of.

Disko work program announced. Pushing ahead on all fronts here, seemingly taking advantage of work at Pituffik to make drill definition at Disko more cost effective. Still talking about realising shareholder value - I like that......

Yes indeed. Your worthless shares are still worthless - you just have fewer of them!!! We live in hopes that with this new venture we haven't all been stiched up. See what I did there?

Institutional placing oversubscribed. Shows confidence in the future. £3.5m capital raised to progress Pituffik - bring it on!

of the share risers board and not a single comment! Don't you just love it?!! Something afoot I wonder, or leaky leaky............ Not a big buys v sells differential but up 14 %. No complaints from me.

come to mind again..........................................

We can't stay under the radar for ever........!!!!

Confirms we are in the midst of a 20 billion ton pure ilmenite resource........

Given the relatively good end of year results, with profits after tax >£2m, one assumes to company is self sustainable going forward. Presumably any new share issue, as mooted in item 6, would be to fund new aquisitions? Thoughts anyone? And does anyone think any of the items warrant a 'no' vote. (It's not that I haven't got a mind of my own, I'm just making conversation here!) And although I have been here for some years I have not been following as closely as perhaps I should - given there is far less paper value here than when I invested........

Just going through the AGM info. Can any explain the 'capital reduction share' in layman's talk please?

Check out their April investor presentation see my post 27th April for the link - sorry I can't repaste it from here!

It's a good question! They raised over 5mill in Dec from institutional investors to prove up Pituffik, but I can't find any info about cash burn. Just had a quick trawl through the FAM RNSs but not much help.

I love the pic of the sonic sampling drill on the back of a tractor. Neat!

Full press release inc maps. http://www.rns-pdf.londonstockexchange.com/rns/6633E_-2017-5-9.pdf

Pituffik has been independently proven to host the highest-grade mineral sand ilmenite project globally, and Bluejay, through its 100% owned Greenlandic domiciled subsidiary, Dundas Titanium A/S ('Dundas'), intends to fast-track the project into initial production in 2018.

bakoven, I post thoughts/comments here without expectation of response! I don't think most folks even watch this share, let alone look in here every day! It actually makes a pleasant change from some of the sniping that goes on on other boards. I really don't consider this to be a start-up company, simply a new name for an old company following an acquisition of assets. The company operated for a number of years as FAM (Finnaust Mining) I originally bought into Centurion Resources, prior to their reverse takeover of FAM in 2013, so the business is hardly a 'start-up'!! Good luck with your investment here, it should do well, but you never know what is around the corner with AIM................

No point trying to make sense of the sp with this stock - no rhyme nor reason for the fluctuating! At least today it's going back in the right direction!