RE: The future29 Dec 2023 15:56
1- we dont have any reference to value any of the assets at the moment.
2- JAY has no power to explore any of the assets.
3- partnership for assets with proven mining potential would be an option.Most likely, JAY could become a royalty based company, no shame, actually a very nice option.
4- no matter the director board, strategy and shareholder communication is missing. Or obscure.
5- I never saw the final report about Dundas. And I still believe Dundas opt out, decided by someone that failed in all aspects, is highly strange. All of a sudden Dundas is cleared from the map? "Strategic decision"?
6- All other asset are being valuated by guessing. Did any geologist checked the GEUS surveys and publications since 1990's? Magmatic soils are impredictable...from diamonds to rare metals...is there any geologist in the shareholder chat?
7- in case, by chance, a Norilsk like finding happen in the future, what are the chances of JAY to resist to a buyout? JAY now is peanuts for big miners...right?
8- Kobold will do whatever they want...they have other pipeline of income...if they find out that 11.3m drilling is just trow money in the fire...they just won't do it...and then...what's left?
9- ANGLO also got Disko licenses...any feedback about their drilling?
Apologize my questions. Inside information is zero. But insider interest on JAY is zero...or almost zero. Other than Kobold strategy I dont see any other thing left...I would consider highly admirable if board just gave up on salaries and got a future reward based on the revenue of JAY assets...that would be, by now, the biggest sign of confidence of JAY's future.
PS. still holding, not selling