Member Info for SuperRoty

And expect some kind of financial assistance with the costs of building the mine. The partner will not want to wait years while JAY rings around for money

Yes but on the other hand some kind of agreement is going to be signed with a major, (presumably RIO).

This is a colossal, world class grade of resource with a mine life of decades. Let's just see how badly and how much of it they want. Institutional investors will not be put off and neither will I.

I will be loading up on any initial sign of share price weakness.

Indeed. I am not selling on Monday even when it starts retracing. Too much news coming and as seen in Friday it can land anytime especially when UK markets are closed. Imo the MOU will be signed next week before the Christmas break

My guess is RIO. Any views?

Brilliant. Thanks for the heads up. Great weekend folks

That's a tad more than my holding. :)

Looking good here.

Big buys coming in now

Agreed. Here is the link.

https://www.otcmarkets.com/stock/BLLYF/quote#trade-data

Looking great and even South is lost for words

MM's walking this down. Soon be a very good price to buy.

Keep it quiet and if you think it's possible keep on loading up

Wow.

I am shutting up on this subject now but I may well raise my exit target. Looking forward to the results and 2021 other news. Could get very interesting.

I first bought in at 7p and will continue to add at this price. Will derisk on news and let the rest ride. This could be a monster with several jv's covering a diversed range of minerals and ores.

I think Will is ex RIO so probably just sent to a few mates for interest. Best to ignore.

https://twitter.com/MkangoResources/status/1334404984457334784?s=19

Have a look who Mkango sent this tweet to and make your own judgement about what is going on behind the scenes.

Includes a tiny miner RIO.

https://twitter.com/MkangoResources/status/1334404984457334784?s=19

Have a look who Mkango sent this tweet to and make your own judgement about what is going on behind the scenes.

Includes a tiny miner RIO.

Get your bucket and spade out South. There be oil in that basin.

I think the DD is over. We are now looking at the legal terms and phrases in the actual heads of agreement. This will need sign off not only by legal but other sections such as tax, regulatory, and finance. e.g. will need to ensure the right section of the legislation is quoted in the agreement for the different jurisdictions.

BOD will not get involved unless something major crops up and will merely rubber stamp the agreement. They will not have the time for the nitty gritty.

All good here.

It states

The commercial terms of an agreement are agreed in principle but the agreement itself is now passing through the final stages of legal review by the counterparty. As the counterparty is a large multinational organisation, the due process for review can and has become extended. It is also vital to ensure the best practical terms available for Bluejay Mining shareholders are obtained.

I have worked for a multinational insurer and the admin and red tape proceedure is massive and comprehensive. Imo all is well and a recommendation will be put forward for the third parties BOD approval at the next Board meeting