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80 Mile PLC Reports Strategic Expansion and Strong Financial Position for 2024

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80 Mile PLC Reports Strategic Expansion and Strong Financial Position for 2024

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Bluejay Mining ( (GB:80M) ) has issued an announcement.

80 Mile PLC has announced its final results for the year ended December 31, 2024, highlighting a successful strategic expansion into the industrial gases and hydrocarbons sectors. The company raised significant funds, acquired key assets, and streamlined its operations, positioning itself for long-term growth. Key achievements include the acquisition of White Flame Energy, securing exploration licenses in Greenland, and a joint venture for the Jameson project. The company also sold non-core assets, improving its financial position and focusing on shareholder value. With a strong capital base and strategic partnerships, 80 Mile is poised to benefit from the growing demand for critical minerals and industrial gases.

More about Bluejay Mining

80 Mile PLC is an exploration and development company listed on AIM, FSE, and OTC markets. The company focuses on industrial gases, hydrocarbons, and biofuels, with operations in Greenland, Finland, and Italy. It is strategically positioned to capitalize on emerging opportunities in its core sectors, benefiting from its diversified portfolio and partnerships.

Average Trading Volume: 23,254,835

Technical Sentiment Signal: Sell

Current Market Cap: £10.04M

For detailed information about 80M stock, go to TipRanks’ Stock Analysis page.

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