Member Info for Jinkar

From corporate presentation;

Capital Expenditure:
• US$245M estimated CapEx with significant improvements expected to be achieved
• Project finance discussions have commenced with "European funding agencies".

Replying to @snip.

I'm sure you realise that we have other assets to develop and deliver. I assume these will take up RM's time and energy. Dundas has a momentum of it's own now.

@Snip.....RM concentrate on acquisitions?? I would prefer to see him concentrate on development. 30p-40p by March ...I think someone may have spiked your drink with some BoJo boosterism booze!!

Bluejay Mining* (JAY LN) 12.16p, Mkt cap £118m – Board reorganisation sees Dr. Bo Møller Stensgaard takeover as CEO with McIllree taking over as Chairman BUY, Valuation 29.4p • Bluejay has reorganised its board so that Dr. Bo Møller Stensgaard, Bluejay’s Chief Operating Officer can take over as CEO. • Bo Møller Stensgaard has been leading the Dundas ilmenite project in Greenland and is well placed to take the project through funding and development. • Bo’s connections within Greenland and Denmark should help with the organisation of multilateral funding from the Greenland, Danish and EU to support the offtake and project finance. • Bluejay continue to optimise the Dundas project with the expectation of firming up and reducing the $245m capital cost of the project. • Mr. Rod McIllree has moved to Executive Chairman of the Board, while Mr. Mike Hutchinson becomes a Non-Executive Director and Chair of the Remuneration Committee. • Ian Henderson is retiring from his non-executive board position while Mr. Peter Waugh, a respected titanium market expert, remains a Non-Executive Director. • Share transaction: Rod McIllree was also reported to have sold 20m shares yesterday at 14.5p representing a significant 2.225p/s premium price to the previous closing price via an off-market transaction. ‘The purchasing entity has also expressed an interest in acquiring further shares "on market" during 2021.’ • McIllree continues to hold 7.69% of Bluejay shares. Conclusion: We see Bo Møller Stensgaard as well placed to lead the Dundas project and company forward with his local and multilateral connections. It is also good to hear that the purchasing entity which bought Rod McIllree’s shares is interested in acquiring more stock during 2021. *SP Angel act Nomad and broker to Bluejay. The analyst has previously visited the Hammaslahti, Enonkoski and Outukumpu mines in Finland as well as Bluejay’s Dundas mine site in Greenland.

"Bo’s connections within Greenland and Denmark should help with the organisation of multilateral funding from the Greenland, Danish and EU to support the offtake and project finance. " Their own Nomad talking of EU support!!

Absolutely. Either a rich friend or more likely an II which is good so stays in sticky hands with more interest in adding stock. "Mr McIllree has advised he does not expect to make any further sales of his holding." Good news also the main man is not selling up. If he is not selling and he knows the inside track I am not selling either. Like I say it's mining it takes a long time, just stick with it if you can and rewards will come. This is what the creation of a valuable company looks like.
DYOR.

@Touax, hopefully not too quiet. Hoping for RNS' on Dundas and other projects in the near future.

Nice to know people who want to buy shares at 20% premium for £2900000 and want more on the open market!! Is it just me or has sellers got this wrong at the moment. Did not think I would be able to get back in under 12p without drastic news.
DYOR

Oops. V0x Ma r ket s.

https://www.**********.co.uk/articles/new-article-8c88b0e/

Interview with John Meyer @25:12. He calls it Bushveld to start with but means Bluejay.

"Discussions with a number of entities with regards to project financing Dundas, including the Firm"
"Agreement signed for up to a maximum 340,000 tpa, approximately a 70% increase to the Company's original MOU of up to 200,000 tpa"

I don't know about anyone else but project financing seems a done deal to me. Who would up their tonnage twice and not see it financed?

Another T crossed on building the company. It is all laid out in front of us if you have the time and patience.
DYOR

Sell the news . Once the in and outers have gone this is a Yazz share if you can stay the course!
DYOR

I should have said*hope it is Chinese.

The tea is brewed let's see how our first cuppa tastes.
Good news. Glad it is the Chinese first will create fomo with other countries drive competition and ultimately prices for our licenced areas/minerals.

from bigboyblue on advfn;

Read this, it's important: Https://govmin.gl/2020/12/further-relaxations-regarding-exploration-obligations-and-licences-in-2021/ I haven't done an exact calculation but it saves us approx £3m in exploration obligations next year. Not only that, it extends all our exploration licences by a year. Very good news.

Looking at those late trades I would say it's brewed and ready to pour!

@Rambo, "I don't care who it is as long as the deal is good as that is the most important thing". Could not agree more.
On his TMS interview one of the many points that piqued my interest was this quote;
"One of the challenges we have had as a small company dealing with kinda 'mega corporations' as our counter parties not just with Dundas but with all of our projects".

ALL OF OUR PROJECTS!!!

There will obviously be ups and downs but we have what they want. A viable and valuable company we are becoming.
DYOR

Remember this from almost two years ago?

"Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland,
announces that, following an unfortunate technical issue experienced whilst its IT department was undertaking website maintenance it has inadvertently released that the Company is in discussions with Rio Tinto Iron and Titanium Canada Inc. ('RTIT') in connection with an agreement to assess the commercial potential of Bluejay's Dundas ilmenite project."

Now I wonder who wants the main bulk of our Ilmenite!!!!
DYOR

And don't forget your Sipp if you are near retirement or can lock it away. 25% extra from the Queen. In my mind I use it as a hedge against losing my own money.
DYOR

Blue Blue Blue!