Member Info for HereforHemo

Multiway not multiway..bloody spellcheck.

Beardover it turned out it was a temporary spike but not too bothered. When will it multiway.. when the 2 strategics are signed and KoBold announce their drilling plan for Disko. Next month, the month after who knows but I'm happy to wait.

May look down but closed 0.81 to sell and 0.77 to buy on HL.

Ashton would you not agree that RE's comments on additional listings related to two things, one the worst performance on raising capital on AIM for 24 years and also what a strategic Tier 1 partner may wish us to do? I see the situation as this, I think if the said partners turn out to be Canadian for Greenland I would expect as in time to join the Canadian market, and if the Tier 1 for Finland is Scandinavian I would expect us in time to join that market. However if the partner is a truly global Tier 1 miner or from the USA I wouldn't expect us to join any other market. Why I say this is that particularly for the Finnish partner I would expect a capital injection. If, as expected, KoBold drill Disko that may bring over a $1m revenue into Bluejay so lets say Bluejay require another $1m for 2024, it may well be the strategic will take an equity stake in Bluejay for the said amount at a premium price, say 3 or 4p. On timescale, be aware Bluejay will have no say on this, so why I said before Christmas is the only way RE could have made a 'before year end' comment was the negotiations were so far advanced RE would have been pretty certain they would be completed by then. Just my personal view of the current situation.

LWHL a valid point of view. RE can state that KoBold has a contractual obligation to drill and that he is pushing to get two strategic partners across the line, but due to recent history a lot will not believe it until it happens. I get that. Time will tell who's on the right side of the debate.

The reason RE mentioned another listing in Canada was that it would make it easier signing a strategic partner from Canada, nothing more that that. Certainly criteria would have to be met so I would see the strategic signing up with a view to us joining the Canadian market some time in the future.

As regards drilling, I think it's pretty clear he's looking at 2024 for all locations, and as for his comment 'we're in the bunker' be it in 'the data room' 'in an office' or whatever...it just means they're in negotiations, so doesn't infer any delay at all. If you're so negative on all things Bluejay then just steer clear. Plenty of other stocks around. Me, I'm more bullish than ever on major retate in the weeks and months ahead.

Just listened again. In summary:

In 2024 we can look forward to the biggest base metal exploration campaign in decades in Greenland.

Multiple drill ready targets in Finland.

High volume high grade targets.

Kobold $12m JV committment to drill Disko plus two strategics close to being agreed.

Rob's obviously conscious of the cash position and is confident of getting the deals across the line in a timely manner. 2024 looks huge for Bluejay in my opinion and I can see why he thinks the SP will be 4p+ in the not too distant future.

I will now sit back, very confident and wait patiently for the news to arrive. GLA

Tech we knew the strategic discussions were well advanced in Finland, and I think Rob mentioned all four Tier 1's that are the potential partner, but the reality encouraging thing I took from it was that its now extremely likely we'll get a Canadian strategic for Greenland as well. With the KoBold drilling plan for Disko, I hold my investment with a high degree of confidence and will continue to do so all through 2024, and probably beyond.

A bullish interview, exciting potential..just got to get the strategic partners signed up, which Rob hopes will be 'in the not too distant future'.

A waiting game but with a fair degree of confidence I think.

I've exchanged messages with him several times over the years but I'm not aware of any occasion in the past where he's let the cat out of the bag prior to a company stating news. Looking forward to the interview though as Sarah is excellent. Let's hope it's this week.

Ra11 My experience of Total Market Solutions is their interviews usually accompany news. David must have a reason to explicitly state there would be no placing, especially with three explanation marks. To me it's highly probable that news is therefore due, maybe even tomorrow, and if so it must be news on a strategic partner. Furthermore if that is indeed true then the said partner must be making some sort of cash injection into Bluejay. One would assume the partner in question would be the Finnish Tier 1 miner. Of course it could be the supply chain strategic for Greenland or maybe even KoBold, who knows. Anyway I stand by my previous statements. Bluejay will get their strategic partners. The first will be signed in November, and that strategic will provide a cash injection meaning no further dilution to shareholders in 2024. Furthermore KoBold will announce their drilling program for Disko in 2024 to complement the above. This may sound like a ramp but it's just my honest personal opinion and of course I may be wrong on everything.

Ashton is it not possible that KoBold could just opt to spend more on Phase 2 as they did on Phase 1, without changing the JV agreement? After all the $11.6m is just a minimum spend requirement for them to get to 51%.

Enuff agreed! Maybe we'll hear tomorrow? Fingers crossed.

I think David just posted it on this board at 10.51?

Just a point on the TMS post where David states 'so clearly no fundraise' I may be wrong but joining the dots, if we know they are short of cash, but don't need to raise cash from investors (as stated by RE), doesn't that mean they are getting a cash injection from elsewhere? Because if they are getting a cash injection from elsewhere..that means we're getting the 'supportive' strategic partner signed up (probably for Finland). As I say I may be wrong but it sounds hugely encouraging to me.

David excellent news, I've always enjoyed your interviews. Hope it follows a very exciting RNS!

Although the media would have you believe all KoBolds work is focused on Zambia and the Congo that is far from the truth. They actually have in excess of 30 projects ongoing across the globe and if you look at their recruitment page they're looking for staff to find additional opportunities! They now have 300 people working in Zambia alone, are approaching a $1.5bn valuation and in my mind, if they say they are good to drill in Disko in 2024 that's exactly what they'll do. Be aware nothing will constrain their growth, they can raise hundreds of millions of dollars in the blink of an eye, if required. Again, if you don't believe anything will happen then simply invest elsewhere.

Apologies, was in a rush.

Enuff for what it's worth I've had a response to your potential gas issues at Disko. What they've said is they are fully aware of historical issues and that it only affects certain areas of Disko and part of the detailed planning undertaken by KoBold is to avoid them. Hope that helps.

Kobold were perfectly happy that Bluejay had covered everything in the latest RNS and felt no need to add anything to it. It's taken time as there's been over $60m worth of current and historical data to analyse. Its all but complete now so we should hear soon.

Mu understanding is that Greenland was and is a highly strategic target for both KoBold and the United States. To me Bluejay have the ideal locations in which to drill. Again it's my understanding that KoBold have essentially finished the analysis, current and historical and are just doing final checks to ensure they haven't missed anything, although promising sites have already been identified for drilling in 2024. I have said before and I'll say again I see no reason why the drilling program won't be published this year, and if not January at very latest. Everything KoBold and Bluejay have told me to date leads me to believe Phase 2 of the JV will proceed as planned although with the massive overspend in Phase 1 it wouldn't surprise me if KoBold spend far more than the $12m that was originally allocated. Whilst I appreciate other people's views that nothing will happen and KoBold will 'walk away' in some form, it's similar to the two strategic partners being lined up, you either think everyone is lying, or you believe what you are being told. Personally I'm a believer and if I end up losing the near £30k I've invested I'll live with my choice. All I advise is do your own research before deciding on any investment.

https://www.popularmechanics.com/science/environment/a40882484/greenland-cobalt-mining-climate-change/