Member Info for Whitney1

Yes, the Nalunaq. see https://www.aexgold.com/projects/nalunaq/

Yes, of course.

I just bought yet another £10K worth.

My calculation for the total value of the forward sold copper "3,600 tonnes of copper production for 2021 (approximately 50% of 2021 production) has been sold forward at US$3.494/lb." is US%27,722,793 or £20,323,164. Not so dusty for a company with a market cap of £31.73 Million.

Goood move. How many do you hold now?

It seems there arent many people with the wit to understand real value when it is right there under their noses. Let's see what happens when they see the grant funding that the EU is bound to give to JAY arrive.

Does anyone know how much future production has been forward sold at a fixed price? Please enlighten if you do.

Suffice it to say that the institutional buyer of Rod's shares paid 14.5 pence for them, a considerable premium at this stage. And bought £2.9 million pounds worth. From this it is pretty easy to say with integrity that professionals strongly understand that BlueJay has in place all that is required for a great future.

At an allin profit of £75 a ton this deal alone would seem to have assured JAY a profit of £18 Million in year 1. With a mine life of 75 years!

You are quite right Daramuda and very glad to see this new thread. EXPLOITATION LICENCE!!!! HOORAY!!!!

Huge congratulations to Rod, his team and all holders on the Exploitation Licence grante today. Bluejay is on its way!!

Aah, yes, I see. There is the ilmenite and then also there are the other absolutely vital ingredients. We have two separate categories. No wonder Rod says they were approached early!

I wonder why we actually have TWO distinct listings on the ERMA website, Bluejay itself and Disko Exploration?

Because people do not yet realise what it means. They are waiting for visibility of the cash flow that will come with the ilmenite mining in Greenland. Not long to wait now and then the market will reassess the JAY portfolio, which is without any doubt IMHO one of the highest quality in the world - and in safe jurisdictions. This is not just my view - what do I know - but I clearly recall Ian Henderson stating that as his reason for becoming involved when asked the question at the AGM a couple of years ago. You can check out his profile on the company's website.

What's not to like about Finland.....this could soon be another very substantial part of the BlueJay package.

25p for starters.

You would IMHO be crazy to sell now. It has been creeping up because those who have got their heads screwed on and have a little foresight know that they are going to have a moment in the sun quite soon now.

This is fast becoming a serious enterprise of considerable scale.

I think one should say: ZOOOOM!!!!

To my mind the most important (and least commented) statement in a recent RNS remains:

- enhancement of the servicing fee net margin (the difference between client company fee received by SYME' Stock Company and the operating and finance costs of the securitisation notes) from approximately 2% to 3% of the total value of inventory monetised. This implies a potential profit margin improvement of approximately 50%.