Firebird Metals Ltd. (AU:FRB) has released an update.
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Firebird Metals Ltd. is advancing its strategy to produce battery-grade high-purity manganese in China, with caution advised to investors due to uncertainties in funding and potential dilution of share value. The company is exploring various ‘value realisation’ strategies, including the possibility of a sale, joint venture, or partial sale, which could affect ownership stakes. Despite these risks, Firebird is progressing with its feasibility and scoping studies, while warning investors not to rely solely on these studies for investment decisions.
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