Member Info for HereforHemo

IV for Bluejay to state they will focus solely on Disko would strongly imply all other assets will be offloaded and sold. We'll know for sure in a week or two when the new strategy is outlined but it seems clear to me KoBolds analysis must have undercover some very promising targets.

In answer to the weather question, some simple research would lead you to the answers. It's currently around -21 and the temperature will gradually rise to 0 by the end of April. In May it continues to rise to a maximum of 10 degrees in summer before falling back to 0 in October. Hence why you wouldn't want to be doing any drilling exploration between November and April.

The Total Market Solutions insight into Bluejay as posted by Dave Burton is unfortunately totally irrelevant due to the latest Bluejay pivot, which is now the sole focus on the opportunity at Disko.

So we have the strategic overview document, with far more detail than the recent RNS to look forward to, and that is expected next week or soon after.

We also have the KoBold drilling plan for Disko where it is anticipated they'll commit at least $12m. This is expected sometime in Q1, although with Bluejay making this their sole focus one can assume they have spoken to KoBold about their plans so I expect this earlier rather than later in Q1.

Finally we have 5/6 assets to divest ourselves of. Discussions are ongoing with multiple entities so hopefully these will be sold sooner rather than later. It is anyone's guess how much cash this will raise but you'd have to put several millions, certainly enough to secure Bluejay's financial future through 2024 and hopefully enough to fund Bluejay's drilling commitments at Disko in 2025.

A lot of 'ifs and buts' at the moment but I think a lot will be clarified next month. I still think Bluejay is substantially undervalued but management have largely brought the situation on themselves. Having a non exec director adding an additional 10m shares taking his holding to 79m is a very positive sign of things to come next year. Just my personal opinion and I remain confident of a substantial turnaround in the SP for 2024 and beyond.

The USA and Europe will have to respond aggressively to the rapidly changing geopolitical landsape for the secured supply of battery metals, and i remain convinced part of fheir strategic responce will be heavy investment into Greenland.

https://www.telegraph.co.uk/business/2023/04/06/china-weaponising-grip-on-vital-rare-earth-metals/

LW 'not been following this one closely since I was a holder', yet you continue to post negative essays on Jay even on a boxing day? Perhaps it would be a better use of your time posting on a share you actually own? Just a thought.

Ashton if a major miner were to get involved in Disko it could only be one of two companies, Anglo or BHP, imo.

One question for you, are you more or less confident in your investment following the latest RNS? You obviously reserve the right not to answer.

Ashton, some very interesting posts, thank you.

So we go into the New Year with three new non exec directors, one of whom has just increased his holding to 79,000,000 shares, which is a major show of confidence in the new forthcoming strategy. Eric, another new addition I'm very happy to see as he identified, cultured and secured the highly promising JV with KoBold metals.

So we go into the new year amongst the top risers on AIM for the last two days, with multiple assets to offload for cash which will eliminate the need for further shareholder dilution in 2024, a vastly reduced cash burn moving forward, and KoBolds analysis and $11.3m drilling plan to look forward to. As to KoBolds commitment to Disko (which has been questioned by some), for Bluejay to announce a SOLE focus on Disko, what does thar tell you about how they feel, not only about KoBold but also the targets that have identified. If I were a director I'd pile in with another 10 million shares..oh he already did lol.

Happy new year everyone, let's hope its a healthy and prosperous one.

Investing Good call on the buy yesterday!

I think with interest rates and inflation coming down next year, one thing I think RE was right about was the bear market finally ending in 2024. Could be excellent timing for Bluejay.

https://www.mining.com/web/column-funds-less-negative-on-copper-as-supply-landscape-shifts/

Very difficult to know either way but Bluejay being up 12.4% at the close and being in the top 10 AIM risers today would signify it was a indeed a buy. As Torr says we will see when we open tomorrow.

All about 'skin in the game' for me. Would you rather have RE holding his 286,000 shares batting for you, or RM with his 69,000,000? Think I've got a fair idea of who would want Bluejay to succeed most.

Poor old Troy COO (in name only) for a day lol.

This is the same triple B who attacked the 'trolls' on ARCM last month when the SP was 3.70..now sitting at 3.16?

The same one who wouldn't be surprised if TGR had already received enquiries from potential backers when the SP was 23..now sitting at 14.65?

So I took your advice, I've reviewed what he's said, and I'll also take your advice and be responsible for my own investment decision, not yours or his. MINE. Thanks so much for your concern for Bluejay holders though, its very touching.

For those not aware of KoBold and what they do

https://research.contrary.com/reports/kobold-metals

Not only Troy Ashton, Eric only has 14 months left to take up his 12.9m share options, between 10-25p. Think he'd be smarter to buy them on the open market.

Good to hear your thoughts Ashton. All I'd add is I found it interesting Bluejay would add that 'Disko is now the sole focus' as they could have offloaded assets without mentioning it today. That leads me to two conclusions, firstly they are confident of what targets KoBold have identified at Disko and secondly, when Bluejay informed me last week they were in discussions 'with multiple entities' these were in regard to offloading assets rather than partnerships. HOPEFULLY that's all the bad news out of the way and we can look forward to a POSITIVE news statement on the near future. God we need it!

Agfo sorry you felt the need to sell up but fully respect your decision. However I have to agree with Torr, with Bluejay announcing they are only going to focus on Disko it is the surest sign that KoBold are not only going to drill, but very promising targets have been identified. Certainly that message echoes what I have heard from KoBold and personally I can't wait for the confirmation to arrive, which I think will be sooner rather than later (for reasons I've already stated).

Cambridge although entitled to your view I strongly disagree about further dilution next year. On the contrary, with asset sales forthcoming and a burn rate far less than the 900k pa to look forward to, as I said before, financially I think they will be in far better shape throughout 2024.

I can't see Rod jeopardising his 69m holding without a sound plan in place to revive their fortunes. As always time will tell.