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The latest update is out from Bluejay Mining ( (GB:80M) ).
80 Mile Plc has announced significant updates on its projects in Greenland, including potential investments of up to US$100 million for drilling expenditures on the Disko and Jameson licenses. These developments come amid a global push for sustainable resource development. The company is also acquiring 100% of the Ferrandina Biofuels Plant, marking a major milestone for stakeholders. The completion of the acquisition of March by Pelican Acquisition Corporation is delayed due to a US Government shutdown, but this is not expected to impact project timelines. Additionally, the company confirms that any future transactions with related parties Robert Price and USFM will adhere to AIM Rule 13.
More about Bluejay Mining
80 Mile Plc is an exploration and development company listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market. It focuses on high-grade critical metals in Tier 1 jurisdictions, with projects in Greenland and a developing industrial gas and biofuels business in Italy. The company is involved in base metals, precious metals, and industrial gas, while expanding into sustainable fuels and clean energy solutions. Its strategy involves advancing key projects and creating value through partnerships and strategic acquisitions.
Average Trading Volume: 71,092,049
Technical Sentiment Signal: Hold
Current Market Cap: £26.08M
For detailed information about 80M stock, go to TipRanks’ Stock Analysis page.