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Alien Metals Ltd ( (GB:UFO) ) just unveiled an update.
Alien Metals Limited has entered into a conditional sale agreement with GreenTech Metals Limited for a 70% interest in the Munni Munni Platinum Group Metals Project in West Pilbara. Alien will retain a 30% interest and enter a joint venture with GreenTech, which will manage and fund the project through to a bankable feasibility study. This transaction aligns with Alien’s strategy to optimize its asset base and provides potential district-scale upside without further exploration expenditure, enhancing its industry positioning and potential value realization.
More about Alien Metals Ltd
Alien Metals Limited is a minerals exploration and development company focused on advancing and strengthening its asset base through targeted technical work and strategic partnerships. The company is involved in the exploration of platinum group metals, iron ore, and other minerals, with a market focus on maximizing long-term shareholder value through selective monetization opportunities.
Average Trading Volume: 90,734,281
Technical Sentiment Signal: Sell
Current Market Cap: £11.82M
For an in-depth examination of UFO stock, go to TipRanks’ Overview page.