Member Info for HereforHemo

I suppose I'm fortunate I don't have a lot of the associated baggage not being a long term holder. We're being a little premature as there's still days in the year left, but let's assume RE doesn't deliver any strategics and KoBold don't release their drilling plan this year, but both strategics are signed in January and KoBold I think would have to release their drilling plan by then as well. Would that really be such a disaster to make RE's position untenable? Surely the important thing is the agreements happen (and Bluejay are very confident they will) and KoBold do drill Disko next year (which again there's great confidence they will) Yes, there may well be short term disappointment but for a matter of a few more days or weeks it would hardly be a disaster. Difficult for any LTH to continue being patient I know, but my only advice is not to let emotion cloud your judgement.

I'm pretty sure thers will be no further dilution to shareholders, at least until the back end of 2024 (when various milestones should have been hit and the SP a lot higher). However, I fully accept your point on timescale, and have forcefully made the point to Bluejay. IF you're not in a position to give a date then don't, as the outcome will be a loss of credibility. Let's see what happens and when.

Agfo I understand discussions with various entities are still ongoing and Bluejay remain very optimistic of a positive outcome. However, as I've said before they are not the ones who decide the timescale. All being well it will be this year, here's hoping anyway.

Ashton I learnt long ago to be wary of those not invested who ask question after question and whatever the answer will always have another question relating to yet another 'problem'. Why these individuals spend so much time posting on a company they have no interest in is for others to speculate, but although I like healthy debate, he's best ignored as no point in feeding a troll. First one in the filter bin for me.

I note you don't mention they are in advanced discussions with several partners in the actual RNS. However don't, if you don't think they'll sign up any strategic partners and /or KoBold won't drill Disko next year, then don't invest. It's not complicated. Unless of course you want to try to buy in cheaper by creating uncertainty? Either way you're entitled to your view. Let's review our posts in the near future because we'll soon know who was right.

Polka maybe you should inform the 'several strategic investors' (Tier 1 mining companies) that are in advanced discussions with Bluejay that they're wasting their time? Alternatively you could just let investors read that latest RNS and make up their own minds? Just a thought.

https://www.lse.co.uk/rns/hammaslahti-drilling-high-grade-mineralisation-0pgt8v3v7ndngrq.html

Kobold are not 'waiting' in doing data analysis on the whole of Disko that have found numerous additional promising targets on top of the ones they had already found. The data analysis was completed a couple of months ago and the only delay has been their geologists determining where best to spend their money on the 'promising targets' identified.

'Greenland (Disko) has the potential to be one of the best discoveries of the last 100 years'

https://www.newsweek.com/greenland-melting-ice-sheets-reveal-riches-1755438

Let's be clear, what has happened in the past and what the market currently values Bluejay at is irrelevant. So is every posters opinion, and for that matter even what Bluejay say is irrelevant.

All that matters now is what external parties think of Bluejay's assets. If KoBold issue a positive statement for Disko along with a $12m drilling program (taking their total spend to around $25m), then the market will rerate the value of Bluejay's license accordingly. If a Canadian supply chain strategic puts up to $20m into Bluejay's other Greenland assets, the market will respond accordingly. Again. If a Tier 1 mining company invests up to $20m into Bluejay's Finnish assets the value of those assets will also rise accordingly.

Now we know RE is bullish on KoBold and Disko. We know he has said they have both agreed to drill it in 2024, and also that they are contractually obliged to do so. We also know even from his most recent interview they are talking to two strategics with a view to getting them signed up as outlined above. We also know it's up to him to get them signed and to get the news out as soon as possible. IF he's true to his word and external partners put around $50m worth of investment into Bluejay's portfolio, do you think they'll still be valued around $10m? Well with 30% of Metals One and Dundas still to be sold (or partnered) I don't.

You either believe or you don't and you buy, hold or sell accordingly. The coming weeks will prove who has read the situation right and who is wrong. Only time will tell. GLA.

Having communicated with KoBold and Bluejay I do know that in principle their data analysis was completed a couple of months ago. All that remained was for their geologists to analyse the new targets in more depth to see which ones could or would be included as 'additional promising targets' to the ones already identified. How long would that take, well they've spent over two months on it so with the advanced planning required in Greenland, I'd say the drilling program announcement much in very soon, days maybe weeks at most.

I was in communication with Bluejay on Friday.

Ashton You only have to look at two comments from RE in his last interview.

Firstly 'KoBold are contractually obliged to drill Disko' and as the agreement only has one year left it must therefore be drilled next year.

Secondly, 'we are talking to two strategics', which I assume will be one for Greenland. a supply chain Canadian company and one for Finland, a Tier 1 mining company.

As RE has stated it will be 'the biggest exploration in decades' if the strategic is signed for Greenland, we can assume it will be a big deal, probably around $20m, to complement the $12m from KoBold. With a potential $15-20m strategic in Finland you can easily see how RE believes the SP will recover to levels not seen for years. With that level of investment, a Mcap of £40-50m is certainly possible.

Obviously RE has to deliver but I've always been confident he will. After all he's going to look pretty stupid if he doesn't after all that's been said. So my take, he WILL deliver two strategic investors and one WILL put a capital investment into Bluejay thus securing their financial future through 2024, and KoBold WILL drill Disko in 2024. The only problem is I don't know when. Everything could happen this month or everything could happen in Q1. I'm comfortable with either, the important thing is they happen. My only concern with Bluejay is the market reaction should they not happen this month, as the expectation has been set. Personally I don't care who is selling or who continues to sell, I'm very very bullish about 2024 and very excited. Yes there's risk, but if you don't embrace risk then really you shouldn't be investing on AIM. I'm not advising anyone to buy this stock, all I'm doing is outlining my personal take on the situation.

I'd love to claim that but I have to be honest, I put my 25k in at 0.95 although I have since put another 5k in under 0.70. I'm now fully loaded, happier than most but not as happy as some who waited.

I stand by my previous prediction from a month ago, those who listened would be nicely in profit over the last 4 weeks. 3 Nov 2023 15:24

I expect a rise to around. 85 before news hits and Bluejay to be over 1p placing price on the first RNS. Time will tell if my confidence is justified.

Should have read 'if we get the strategic signed up for Greenland this year it'll be a major bonus'

My guess from RE's recent interview is we will get the most important supportive strategic in Finland and KoBolds drilling plan for Disko this year. If we get the strategic signed up this year it'll be a major bonus. Personally I think we may have to wait till January for that one. Think your prediction of 2.5+ will be pretty accurate, especially if Bluejay get a cash injection from the chosen Tier 1 mining company, which I expect them to do. I'll be signing in at 7.00 everyday now because sooner rather than later we'll get the news we're all wanting for. GLA.

Ashton Greenland is also getting an extended season for mining. Not too long before KoBold announce their $12m 2024 drilling plan for Disko, which as RE recently stated they're contractually obliged to do.

https://www.energymonitor.ai/sectors/industry/why-the-world-finds-itself-in-a-greenland-mining-rush/

Https://www.lse.co.uk/rns/metals-one-trading-on-aim-bw3pry12upe6d9y.html

Bought some more this morning although marked as sells. That's me done, fully loaded.

MultiBAG