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Shares of 80 Mile PLC (AIM: 80M) witnessed a significant rally, climbing approximately 10% to reach 1.23p in recent trading sessions. This surge follows the successful market debut of Greenland Energy Company on the NASDAQ exchange under the ticker GLND. Greenland Energy began trading with a substantial market capitalization of $345 million, setting a strong precedent for its partners. The listing has provided a concrete valuation benchmark for the joint Jameson helium project, which is now implied to be worth around $148 million. Investors are reacting positively to the increased transparency and subsequent re-rating of 80 Mile's asset portfolio. This milestone marks a critical step for both companies as they leverage public capital markets to advance their strategic energy projects.
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