80 Mile Plc·Basic Materials

80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares climbed, rising around 10% to 1.23p, as the helium firm's Jameson project saw an implied valuation of some $148 million, as partner Greenland Energy Company began trading on NASDAQ (under the ticker GLND). GLND ended its debut day, Thursday 26 March, with a market capitalisation of US$345 million.

80 Mile PLC (AIM:80M, OTCQB:BLLYF) shares jumped on Wednesday as it revealed it is moving its shares from the London Stock Exchange's SETSqx platform to SETS from today, a step the company said should widen investor access and improve liquidity. The AIM-listed explorer and developer said the move to SETS, the exchange's electronic order book for equities, is intended to broaden its shareholder base and make the stock more accessible to investors, including those trading internationally, through traditional order-book dealing.
80 Mile Plc, together with its subsidiaries, engages in the exploration and development of precious and base metals in the United Kingdom, Greenland, and Finland. The company explores for ilmenite, copper, cobalt, zinc, lead, nickel, platinum, and silver deposits. It holds interests in the Dundas ilmenite, Disko-Nuussuaq, Kangerluarsuk, and Thunderstone projects located in Greenland; and Hammaslahti, Enonkoski, and Outokumpu projects located in Finland. The company was formerly known as Bluejay Mining plc and changed its name to 80 Mile Plc in August 2024. 80 Mile Plc is headquartered in London, the United Kingdom.
Basic Materials
Industrial Materials
3
2018-04-06
1.30