Market's view on Bluejay
Published on April 2024
- Concerns are raised about Kobold’s drilling plans and the perceived lack of interest, given the market cap of 3 million GBP, suggesting Kobold would have already purchased Bluejay if truly interested.
- The proximity of Anglo A’s operations to Disko Dundas is seen as potentially beneficial, with the expectation that Kobold will drill to attract larger companies.
- MET1 is noted as the top riser, with Bluejay holding a significant stake, indicating potential positive impacts on Bluejay’s financial health.
- Positive sentiments are shared regarding new management decisions influencing the company’s direction and fostering optimism.
- Updates on Mike retiring from his site due to regulatory pressures are discussed, with recommendations to follow Ashton for reliable research.
- Speculations about a turnaround for the company are mentioned, inferring potential improvements in performance or strategy.
- The Dundas Ilmenite Resource Update is announced, potentially affecting the company’s resource estimates and operational focus.
- Concerns are voiced about the management under Troy and Rod, accusing them of poor performance and lack of progress in their projects, specifically criticizing them for not prioritizing mining operations but maintaining high salaries.
- Communication difficulties with company representatives are highlighted, indicating potential issues in shareholder engagement or transparency.