Hi docsetc,
I have read through your recent posts on Bluejay Mining.
Your posts are entirely worthless.
I am a UK investor and I currently have just over 10% of my portfolio invested in Bluejay Mining.
You clearly haven't concentrated your mind on Bluejay's prospects relating to Dundas in Greenland yet and simply prefer to spout irrelevant nonsense instead.
Ignoring all other licences that Bluejay holds in Greenland, Dundas when producing at 440,000 tonnes of ilmenite per annum is expected to make approximately $44,000,000 per annum (before admin type costs). It is expected that Bluejay will make over $100 profit per tonne after accounting for all shipping costs. That is approximately £32 million profit per annum at the current USD / GBP exchange rate.
So, £32 million expected profit per annum.
However, Bluejay Mining is currently valued at £93.9 million (with the share on a bid price of 9.28 pence and an offer price of 9.48 pence).
Bluejay owns a full Mining (exploitation) licence for Dunds and has already signed an offtake agreement for the majority of its expected annual output. Output could easily be ramped up to 600,000 tonnes per annum once production is in full flow.
The company has no debt.
One of Bluejay's other Greenland licences is referred to as Disko. It is considered to be the equivalent, in size and type, of Norilsk in Russia. Look it up - if you can be bothered.
I hope the above helps.
Mike290
