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Bluejay Mining ( (GB:80M) ) has shared an update.
80 Mile Plc has regained full ownership of the Disko-Nuussuaq nickel-copper-cobalt project in Greenland after KoBold Metals returned its 49% interest in exchange for a net smelter return royalty. This move allows 80 Mile to reset strategic partnerships and focus on advancing the project to drilling. The company also sold its shares in Metals One Plc, receiving cash proceeds of £1,970,000, which strengthens its financial position and supports its strategic objectives.
More about Bluejay Mining
80 Mile Plc is an exploration and development company focused on high-grade critical metals in Tier 1 jurisdictions. It operates multiple projects in Greenland and has a developing industrial gas and biofuels business in Italy. The company is listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market. 80 Mile’s strategy involves advancing key projects, creating value through partnerships and acquisitions, and contributing to sustainable energy solutions.
Average Trading Volume: 19,721,279
Technical Sentiment Signal: Sell
Current Market Cap: £12.2M
For a thorough assessment of 80M stock, go to TipRanks’ Stock Analysis page.