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Blue Star Helium ( (AU:BNL) ) has provided an announcement.
Blue Star Helium Limited announced significant progress in its Galactica Project, with the first stage of development nearing completion and initial helium production scheduled for December 2025. The company also raised A$4.5 million through equity placement, strengthening its financial position as it advances its operations, although it decided not to pursue the WFE assets after evaluation.
More about Blue Star Helium
Blue Star Helium Limited is a company operating in the helium industry, focusing on the exploration and development of helium resources. Their primary projects are located in Colorado, with a market focus on advancing helium production capabilities.
Technical Sentiment Signal: Sell
Current Market Cap: A$21.62M
For an in-depth examination of BNL stock, go to TipRanks’ Overview page.