Member Info for KatAmnesia

I don't see KOBOLD saying a word in ages. And i would like to know what is the real thing with Finland operations. Besides, MetalOne...? And the other licenses in Greenland?...actually it became more like Greyland...

About Dundas…never read a certified report with sample mineralization description…where is that official mining report with geolocation of the samples? Should we check GEUS?

My dear Ashton,

After checking Amaroq presentation I really ask myself if we should laugh about Bo or RE. The failure to consistently define a process is obvious. And to define is to create a flowchart with acceptable intervals considering the possible scenarios. I believe Dundas is not dead.They should review the data.

I think that Kobold doesn’t look at Disko as a priority. In fact is considering the pros and cons between the 49/51% and the cash spent in something not certain.

Again I emphasize that if they had found a treasure, Kobold would turn their eyes for the best asset. And this is not being impatient. It’s being practical and getting the most cash where it exists.

The manpower for Greenland needs to be viewed as seasonal. The operations will stop for at least 6 months a year average. Even with 2-3 shifts…it’s a very short period of production…and manpower for these locations is not easy to find. Unless a big player is involved.

The best scenario will be, like Amaroq refers, future partnerships and even selling the position on a huge gain. Bluejay will be the like a 5-10 years company I guess. So for those who paid more than 10p…well…it’s complex.

I am not going to metaphorically repeat how fishy this looks like. If RE is a honest guy he is probably having a bad moment, under the pressure of his own words. He looks quite different from BS, to be honest but facts are facts and the situation is far from being acceptable. At the moment it looks more plausible to have a gold rush in river Thames, I think.

But let’s see…I’m curious the outcome of this whole script.

What you mean by gas blowout? Methane bubble “accidentally” drilled?

42.

That’s the short answer Ashton.

Now…

I won’t disclose my background and won’t get into much detail. But add the points and create your perspective.

1- geological surveys take 1-3 years to create models. Today’s CPU cut that in half. I won’t use the term AI since algorithms always existed but they are more efficient and fast.

2- mining is a competitive environment and much is worked based on market prices and future expectations. Big companies eat small ones or offer JV because they have the manpower, structure and machinery to speed up production. JAY has nothing…almost. In case the prospects of a huge discovery, do you think that a big player wouldn’t just put 100 million deal on the table for 51% of a JV? For them…it’s peanuts, for Jay it’s a lottery ticket. Anyone knows about any big mining company saying anything?

3- Anglo has concessions around Jay-Kokold…any feedback on their drilling results…if they are really doing it?

4- JAY board sent many signs that shocked shareholders: dilution, board salary like madonnas, no salary compensation based on share options, vague hypothetical results and deadlines…

5- Finland operations are still on the level of future expectations…with RIO dropping out.

6- MetalOne is…a source ….of whatever…maybe someone can explain me how JAY shareholder benefit from this one third position…

So…apologize for the late reply…I am not the person to reply with some broker or investor mindset but as a private investor I think things could be more clear and clearly there is no roadmap with clear deadlines and targets.

I have a position, I won’t sell it. But I am not convinced about a good outcome of this. I hope I am wrong.

Salut.

I have been in the side lines, watching this whole thing. My 2 cents ideas:

1- previous management acted like selling snake oil, attracting capitals into JAY.

2- many speculations regarding Dundas created an expectation that basically became a huge disappointment. BS did bs and basically shareholder tasted first bitter drop.

3- despite high expectations, Kobold is more interested in Africa, where the money pig is at the moment. The wealth density of Disko seems to be not at the level previously announced. For sure, it that was the case Rio, BHP or Anglo wouldn’t wait…they would approach and offer partnerships.

4- company made a couple of movements that basically diluted shareholder wealth without any indication beforehand. Additionally, board did not change salaries or attach revenue to performance and receive salaries partially in shares. The signs to shareholders until now show low confidence in future success.

5- geological surveys are out in some cases and other big players don’t pay attention. Red flag here. Rio gave up on Finland…meaning?

6- shareholders are just praying and betting on the turtle, lightning candles and creating deadlines than grow here and there based on esoteric interpretation of a CEO that gives a vague idea of a vague chance of a vague future about a vague mining scenario. People are still believing in Norilsk…but honestly…JAY looks like the horse that lost all 6 races before the grand finale and almost in the last curve, goes in last place.

7-accept that there is no real possible deadline for any agreement if what you are agreeing is not clear, profitable or easily accessible. At the moment it seems easier to find a needle in a haystack.

I have a position with some million shares…it a joke because I’m at 50% loss…I could buy some million more but…and I don’t sell because it also doesn’t make a huge difference in my portfolio. But annoys me this board behavior that I also saw elsewhere…shady, not consistent and sometimes abusive.

I have been in the side lines, watching this whole thing. My 2 cents ideas:

1- previous management acted like selling snake oil, attracting capitals into JAY.

2- many speculations regarding Dundas created an expectation that basically became a huge disappointment. BS did bs and basically shareholder tasted first bitter drop.

3- despite high expectations, Kobold is more interested in Africa, where the money pig is at the moment. The wealth density of Disko seems to be not at the level previously announced. For sure, it that was the case Rio, BHP or Anglo wouldn’t wait…they would approach and offer partnerships.

4- company made a couple of movements that basically diluted shareholder wealth without any indication beforehand. Additionally, board did not chance salaries or attach revenue to performance and receive salaries partially in shares. The signs to shareholders until now show low confidence in future success.

5- geological surveys are out in some cases and other big players don’t pay attention. Red flag here. Rio gave up on Finland…meaning?

6- shareholders are just praying and betting on the turtle, lightning candles and creating deadlines than grow here and there based on esoteric interpretation of a CEO that gives a vague idea of a vague chance of a vague future about a vague mining scenario. People are still believing in Norilsk…but honestly…JAY looks like the horse that lost all 6 races before the grand finale and almost in the last curve, goes in last place.

7-accept that there is no real possible deadline for any agreement if what you are agreeing is not clear, profitable or easily accessible. At the moment it seems easier to find a needle in a haystack.

I have a position with some million shares…it a joke because I’m at 50% loss…I could buy some million more but…and I don’t sell because it also doesn’t make a huge difference in my portfolio. But annoys me this board behavior that I also saw elsewhere…shady, not consistent and sometimes abusive.

It would be crazy good Disko ould be as good as Norilsk...Jay would be value around $5B...500x present value. I would be grateful, retire and get a dog to walk in the woods.

Kobold has a timeline and agreement. They are within the agreements deadlines. Th only thing to point out is the lack of timeline for other projects. More than empty words and vague geological concepts ,shareholders need projective news. This is a 5-10y project. What is unacceptable is the salaries level, i would play with rewarda based on performance. That would more fair and honest. And i wouldn't put shares at season sales prices, putting all shareholders at a loss.It wasn't honest and transparent. Not fair at all. Diluting shares to pay salaries, it's almost criminal.e

We are just trying to guess what is behind the curtains and hoping for a nice end. But cold blood analysis just ends up with zero conclusions. JAY has assets with potential, we are betting on that. Nothing but that. Besides that, 2 stupid acts of putting shares at 1.75 and 1.00 in the market , accepting a 80% devaluation in 12 months. Unacceptable financial management with clear impact in shareholder positions. All will be forgotten if JAY gets to 20-30p but this was really disastrous.

Until we seesomething really new, all opinions and etc are just running in circles like dodo in the middle of the dust. Again, either management is honest and competent or the opposite. Either you end up making money or you can tell your grand children that you had a million shares of a mining company.

I can't emphasize all this "if" and "supposed to" in mining industry. Company has been using twitter/X to give feedback. My only request as shareholder is: give me a timeline. Something like: 2023 prospection, 2024 implementation of production, 2026 full mining production. No Bs, just simple and honest talk. I thing that we didn't even reach 2023. We are more like 2023 "where's Willie?". Which can result in poker or poker-face.

Honestly, too much secrecy around this Blue jay projects. In the end they publish drilling results but the impact of these results in production is unclear. Shareholders anyway are not happy mainly because positions are being diluted, more than 90% loss for many and even so, compensations increase and apparently show a successful company. I agree that all should receive a compensation but honestly it shows bad PR and shareholder relationship to lunch 60M shares just to cover board salaries. I think buying shares from own company would show faith is a profitable future...but when you just spend a small amount...I would prefer a reward bonus in case production starts in the many licenses Bluejay's portfolio. At the moment Bluejay is just a dive in the dark.