Member Info for HereforHemo

Ashton thank you for the correction on my choice of words. The figures I mentioned as 'capital' were not meant to infer direct monies to Bluejay but companies contributing monies to prove up their assets. As for direct monies to Bluejay, such that the fear of further dilution to shareholders is eliminated for 2024, I would personally be happy if £1-2m came in from our forthcoming strategic partners. Apologies for any confusion.

This is definitely ADDITIONAL funds coming into proving up Bluejay's assets. The strategic for Finland will be a tier 1 miner, with the strategic supply chain partner for Greenland being from North America. This makes my prediction of over $50m capital coming into Bluejay a lot more likely (the figure includes KoBolds $12m for Disko. A little patience and the rerate WILL happen. All in my opinion.

Exciting consortium, excellent for Bluejay's Finnish targets.

https://www.gtk.fi/en/current/finnish-research-consortium-pioneers-ai-breakthrough-in-sustainable-mineral-exploration/

Strategic Tier 1 miner partnership first up for Finland imo, followed by North American supply chain Strategic for Greenland and confirmation of KoBolds $12m drilling program for Disko. Could well be over $50m worth of investment coming into Bluejay's assets in the very near future. One thing for sure we'll know a lot more in the next 20 trading days. All in my opinion.

8 out of 10 holes drilled successful. Disko with Bluejay up next in 2024.

https://spectrum.ieee.org/amp/ai-mining-2659920043

Offload Dundas like Metals 1 to focus on the core strategy of battery metals, we could soon have good percentage ownership of two District level opportunities in Greenland coupled with five other ongoing projects, and a the cash required to drill them all. Very exciting 20-30 trading days ahead.

USA already investing $5bn in Africa, KoBold with an initial $150m with another $200m of grants planned in Zambia. Greenland is the next strategic location for the USA imo as they battle China and Russia for supply of battery metals. Despite the brutal sell-off in Bluejay there is nobody better positioned for a massive rerate with their focus now firmly fixed on battery metals, a supply chain strategic poised foe Greenland, KoBold drilling scheduled for Disko and a major Tier 1 strategic positioned for Finland.

https://www.mining.com/how-junior-explorers-can-emerge-from-the-dust/

After someone posting a potential concern regarding our KoBold JV, I reached out to them and asked why we've had no recent media comment on Disko. They confirmed there is nothing sinister in their silence

that they believed the Bluejay RNS covered everything accurately such they had nothing to add and that the analysis and interpretation of the data sets is largely complete and KoBold want to finish it in before prioritising their drilling targets for next year As they want to understand the whole district play opportunity. Everyone appears excited by the opportunity myself included.

https://www.lse.co.uk/rns/JAY/results-of-2022-field-programme-at-disko-nuussuaq-dz058v780f70c2n.html

Grubber I have to confess I'm slightly surprised they haven't said anything about the recent results especially as they seem very positive, and the fact they spent four times the expected amount actually getting them. That being said, I understand with ice melt that the drilling period in Greenland starts in May now, so if they are to spend the committment of $13m next year you would assume the plan must be outlined during this quarter. Despite KoBold focusing on Zambia and Bluejay focusing on strategic partners for other areas of Greenland and Finland its important not to forget what RE said in his recent interview. They have regular contact with KoBold, both parties agree it will be drilled next year and they are in the process of defining their priority targets. In short frustrating but nothing to worry about. Not in my opinion anyway.

Https://www.linkedin.com/posts/bluejay-mining-plc_jay-finland-fem2023-activity-7120320376437399554-nMBl?utm_source=share&utm_medium=member_android

Although I'm excited about strategic partners being signed for both Greenland and Finland which will give the SP a welcome rerate (into the pennies), the main reason I've invested is our partnership with KoBold for Disko. I'm sure with the planning requirements they will have to release their drilling program soon for 2024 and I cannot wait to see the results. They are one of the top AI companies in the world and have gone from nothing to a $1,3bn company in a very short space of time. I think their technology will and indeed is revolutionary for mining. Obviously all in my opinion.

https://podcasts.apple.com/us/podcast/fixing-the-future/id1533114670

Whilst evaluating the entire Disko license i understand KoBold spent four times the planned $3.4m outlined in their Stage 1 JV committment. That tells me a few things. Firstly it was extensive, hence why it took them so long to crunch the data, secondly they underestimated the harsh environment and thirdly thar they are committed to the project as I think its key to the United States future supply strategy. Furthermore we are told two things. KoBold state in their interviews and presentations that their analysis leads to 10 times more accurately in drilling targets and we're told by Bluejay themselves that despite their other attractive licences that Disko is very much seen as 'the jewel in the crown' Considering RE has already said both Bluejay AND KoBold have agreed to drill next year the question for me is whether KoBold will now commit 4 times the Stage 2 commitment of $13m, as they've already spent that just on analysing the area.

Aside from that we have the potential two Strategics for Greenland and Finland and there's no doubt that Finland is more advanced in every sense than their Greenland opportunities. I believe one or both will include a cash injection to Bluejay thus eliminating the need for further dilution to shareholders and more importantly securing the future of the company. That's what RE has stated and I take him at his word. He has said on multiple occasions (and he didn't have to) they are in advanced discussions with 4 strategics and due diligence has been underway for some time. He was very clear, one preferably two strategics will be signed by Christmas this year.

Therefore the investment case is VERY clear. You either believe he'll get the agreement/s signed and you buy or hold fof a substantial rerate in the SP (as I have done to the tune of £25k), or you sell or avoid as a large majority have done. Only time will tell which path is correct. In a matter of days or weeks we'll know for sure one way or the other but personally I'm happy going against the crowd. Good luck however you play it.

Nothing is going to happen in the run up to Christmas so I'm looking at a 6 week window for news ro be delivered. I think Bluejay are confident of getting a strategic partner for Greenland and also Finland where discussions are at an advanced stage (therefore I expect that news first) Bluejay are not reliant on KoBold as they've already agreed to drill, its just a matter of when they release the dates for the drilling program. Only good news to come this year imo. When it does expect the SP to rerate accordingly.

Ben judging by the SP it looks like most are being cautious and that might indeed be a sensible way to look at things. However, I am taking a far more bullish approach. I think Bluejay have far more leverage than you think. Remember they are negotiating with not one but four companies and I believe one is a North American supply chain company for Greenland and three are pitching for Finland, giving them far more scope for an attractive deal. Furthermore I agree with Rob who states companies with just one asset have the same Mcap as Bluejay whereas they have two District scale opportunities as well as three more opportunities in Finland (plus 30% of Metals 1 in Finland and Norway). Despite the lacklustre SP I still believe Bluejay is substantially undervalued and hopefully this will prove correct in the coming weeks and months ahead. With that, rather than keep spouting the same message I'll now go quiet and return upon news. Good luck to all that hold, especially those underwater.

You have your view, mine is based upon RE's recent interview where he says, and i quote 'he is focused on delivering that strategic capital which isn't dilutive to shareholder's so we don't have to go back to our AIM based investors for another round' Let's see what happens, not long to wait now imo.

RE has already said 'there is money available and we'd be mad not to take it' ref the SCOI in North America and that 'discussions are at an advanced stage' regarding a Tier 1 strategic in Finland, therefore I'm very hopeful that BOTH will be signed up this year. I think Bluejay will look a vastly different investment proposition within the next 40 trading days. Tick tock.

Ben Ashtons list of 8 potential failure points the the reason I came out of SOLG and invested here. SOLG tick many of those boxes whereas Bluejay probably tick just one imo, the shortage of cash. However I believe that the two strategic partners Rob is targeting will include a cash payment to Bluejay allowing them to trade comfortably for 12-18 months, in which time I believe they'll have proved up their assets in both Finland and Greenland. To echo Ashtons thoughts, it's my understanding that although Finland is more advanced its the KoBold drilling programme at Disko that excites Bluejay the most. Certainly there's a lot to look forward to in 2024, although there's major news due on many fronts over the coming weeks to position them for extensive drilling across multiple locations. That's my take anyway. I'm happy to hold and wait patiently.

I always like having communication with any company I invest in so was delighted to receive a response from Bluejay yesterday. They obviously can't give out timescales for things like strategic partnerships or MRE but was happy enough with the comment 'extremely attractive assets' I have no reason to change my personal belief they should be sitting at a Mcap of £30m rather than £10m, and that's before news starts to arrive. Short, medium and long term hold and accumulate for me.

I wouldn't disagree, all Robs said is they will be multiples of the current Mcap so you're probably closer than me. Good luck!

Very happy with that. Looking forward to seeing who the strategic major in Finland as I expect a deal between $5-10m to be signed in the near future. The supply chain strategic in Greenland is intriguing. I'm expecting another $10m agreement to complement the $12m commitment from KoBold. Exciting times.