Alien Metals Ltd (GB:UFO) has released an update.
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Alien Metals Ltd has revealed positive interim financial results for the first half of 2024, with significant advancements in their Hancock and Pinderi Hills projects, including a completed Mineral Resource Estimate and a promising Lithium joint venture. The company has reduced its operating loss compared to the previous year, and thanks to capital raisings, they are poised to further develop their projects. As the company explores various funding options, they remain focused on maximizing shareholder value with strategies to expand their mining resources.
For further insights into GB:UFO stock, check out TipRanks’ Stock Analysis page.