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Bluejay Mining Unaware Of Reason For Negative Share Price Movement

7th Aug 2018 14:50

LONDON (Alliance News) - Bluejay Mining PLC said Tuesday it was unaware of "any company specific inside information" that would account for the company's share price falling.

Shares in Bluejay Mining were down 14% Tuesday afternoon at 16.80 pence each.

The mining company, with projects in Greenland and Finland, confirmed its 2018 field season "continues to progress well" at the Dundas ilmenite project in Greenland.

Bluejay Mining's cash balance currently stands at GBP12 million with "all substantial" 2018 field season capital costs being paid.

The company said its strategy remains unchanged.


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