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ChirpyCheep - I have not seen it, but trying to get hold of that FT article. In the meantime, here is my speculative response:

Q: Why did RM specifically pick the US financial system?

A: Greenland Energy (GLND) ----> NASDAQ listing ------> GLND/80M merger (US financial system secured to progress 80M's projects)

https://x.com/80milePLC/status/1995793838443499904

I started this thread on 18 November 2025 and listed 11 items where we are waiting for confirmation of delivery from 80M. I drew the items from the RNS releases where 80M has raised expectations of delivery. They are NOT my personally concocted list. The onus is therefore on 80M to deliver the items.

The purpose of this note is to clarify that the list's order, as I had presented, does not reflect a chronological sequence for the delivery of the items. I failed to mention this when I first posted the list. Hence​, this clarification.

DISKO

1. Heads of Terms JV Agreement converted to a Definitive Agreement.

2. $30 million secured for fieldwork as part of the JV Definitive Agreement.

3. Receipt of £500,000 as part of the JV Definitive Agreement.

4. Greenland Government approves fieldwork, including drilling in 2026.

5. Drilling company secured.

JAMESON LAND

6. Greenland Energy merger and IPO completed.

7. Greenland Government approves fieldwork, including drilling in 2026.

8. Drilling rigs arrive at Jameson Land.

FERRANDINA (GREENSWITCH) PLANT

9. Applications for grants identified in the RNS 12 February 2025 have been approved.

10. The five MOUs identified in the RNS 28 October 2025 have been converted to Definitive Agreements.

11. Production restart has commenced.

Plus any other positive item(s) of surprise not listed above.

I wonder which item will be the next RNS.

Who said AI has no place in mining? I asked AI what Robert Price is doing in Jameson Land, and it came up with this (with a bit of tweaking from me):

Beneath the veil where glaciers gleam

Robert Price dares to dream

In Jameson Land’s relentless cold

Stories of oil and hope unfold

With steel and science intertwined

Price traces trails that few have mined

Through whispering snows and biting breeze

Seeking riches underneath the frozen land

Greenland’s heart, both fierce and grand

Yields rich secrets held beneath its land

Price stands firm where silence roars

Exploring the depths of ancient shores

A fragile dance between risk and gain

In landscapes vast, untouched by change

Price's quest for life’s black gold expands

The pulse of Jameson Land in his hands

And then Price goes ecstatic

When he sees oil gushing out from beneath his feet

ChirpyCheep - Great questions, thanks for raising them. You are spot on when you say Robert Price has a finger in the three main pies. In fact, this statement from the 13 November 2025 RNS confirms it (​in case anyone missed it): "Mr. Robert Price has been CENTRAL to the structuring and arrangement of potential funding for ALL THREE TRANSACTIONS (Disko, Jameson Land and Greenswitch)." I must say I did not expect to read in the RNS that USFM, the new partner for Disko, is an "associate" of Robert Price.

IvR​oche - Thank you for that highly balanced analysis. You say, "A merger would only make sense after drilling success and only if there’s a clear value uplift for 80M shareholders." Yes, I agree, and would like to add here that another way of looking at this hypothetical scenario is that any merger will also have to be sold to and approved by Greenland Energy (GLND) shareholders. In which case, I suspect GLND shareholders will want drilling at BOTH locations, Disko and Jameson Land, to be successful in proving up these two assets before they give their approval for the merger. You say Robert Price is "execution-focused". I hope you are right because what we really don't want is another Disko drilling debacle like the one we saw in 2022 under the JV with KoBold Metals.

Please keep your posts coming; I value them.

You came on this chat board as RachT for the first time on 10 April 2024. You then switched to RachT2. Using these two names, you have posted over 700 posts - almost all of them negative stuff about 80 Mile/Bluejay Mining. You claim you are here to provide balance on the company. Are you being sincere in making such a claim? I don't think so. One cannot genuinely claim to provide balance if everything one says about the company is negative, even when progress is made (e.g. Jameson Land project). You claim you have a portfolio of other stocks apart from 80 Mile. When asked repeatedly why you do not post on the other stocks you hold - if your mission is to provide balance - you have repeatedly failed to answer the question.

I regard myself as having enough common sense to say, with a good degree of confidence, that something is not right with your claim that you are here to provide balance. It is all too clear that you are strongly driven by a motivating factor for being here, posting one after another negative stuff about the company, relentlessly. One cannot help but notice you have a strong aversion to Rod MacIllree. Hatred can act as a 'poison' to one's well-being, causing severe mental, emotional, and even physical harm to the person who harbours it. While the person who is the target of the hatred may be unaffected, the hater becomes a 'prisoner' of their own hatred. I think what is driving your behaviour is 'hatred', which can be a powerful motivator. Please take a look at this video. I hope you will find it helpful - https://www.youtube.com/watch?v=ILE69JPtPxQ

This is a plea from one caring human being to another. Please let it go​, for your own good.

PS: For my own good, I have decided not to engage with you unless you change your ways.

In the note I posted on 15 November 2025, I said the last two weeks of December were the target date for the IPO. And I then added, investors have already been lined up, which means the IPO should proceed.

The RNS today states that the date for the IPO is early 2026. I can live with that slight delay, given the disruption caused by the U.S. government shutdown. That said, what I find most encouraging in the RNS is not the receipt of $500,000, but this bold statement: "Greenland Energy Company will commence trading on NASDAQ in early January 2026." For me, this confident statement 'implicitly' confirms that investors have already been lined up for a successful IPO. A successful IPO is crucially important for 80M because, without it, there will not be a Jameson Land project.

Correction: 10.252% should read 10.52%.

Tonypeters initiated this thread and posted the information on significant shareholders as of 22 October 2025. On 20 November 2025, 80M updated it. Hence, I am posting this note. There has been no change to the number of shares held by the major holders; however, the number of shares in issue has increased from 4,337,127,203 to 4,567,127,203, as per the RNS on 29 October 2025.

20 NOVEMBER 2025

Roderick McIllree - 456,462,516 (9.99%)

Premier Miton Group plc - 144,660,370 (3.17%)

Shares in issue - 4,567,127,203

22 OCTOBER 2025

Roderick McIllree - 456,462,516 (10.252%)

Premier Miton Group plc - 144,660,370 (3.34%)

Shares in issue - 4,337,127,203

https://80mile.com/shareholder-information

CC - I am sorry if my reply gave the impression that I was responding to RachT2. I was not. When I started this thread, I provided some information about Olga Solovieva, and I was simply following up with additional information about her, including the picture, since she has been appointed to an important position within 80M.

Corporate Presentation – Interim Results H1 2021 September 2021 - ​With a picture of Olga Solovieva (page 8) - "Geologist and GIS specialist with significant practical experience both in office and field environments. Strong background from both the mineral and hydrocarbon background on handling, processing and visualization of geological and spatial data." - https://80mile.com/sites/default/files/2024-07/Jay-Corporate-September-2021-1.pdf

Metals One RNS 17 April 2025 - "Ms Solovieva is an experienced geologist with significant project analysis experience and direct knowledge of the Finland copper assets, given her role as Senior Geologist with the vendor (80M) of the projects.

Panman - President Trump signed a bill on 12 November ending the US government shutdown. There is every chance that the Greenland Energy NASDAQ listing could happen in the last two weeks of next month. But best to wait for news from Pelican.

Under this thread, I have listed 11 items where we are waiting for confirmation from 80M. To see the full list of 11 items, you will have to go to the start of this thread. Please note that I have drawn the 11 items from RNS releases where 80M has raised expectations. They are NOT my personally concocted list. The onus is therefore on 80M to deliver on the 11 items. Time will tell!

The purpose of this note is to provide new information on the progress of item 4, which relates to Disko, and it refers to the need for confirmation from 80M on: "Greenland Government approves fieldwork, including drilling in 2026."

In the RNS 13 Nov 2025, 80M said, "The application for drilling (at Disko) during the upcoming spring-summer 2026 period has been lodged with the appropriate regulatory bodies, and contractor selection will now start in earnest."

I am pleased to report that the Greenland Government Mineral Licence and Safety Authority (MLSA) portal for licences now shows Field Activity Approval (FELT) applications from Nikkeli Greenland A/S, the holder of Disko licences. This is a further confirmation that 80M has promptly started the regulatory process for fieldwork approval, including drilling in spring-summer 2026. Newcomers to 80M, please note that in 2022, the Disko work programme commenced in early June with the mobilisation and build-up of the exploration camp from mid-May.

Digressing for a moment, please note the RNS 17 Nov 2025 said, "Ms Olga Solovieva has been promoted to Chief Operating Officer (non-Board). Olga brings extensive technical and operational expertise from her career in geoscience, project delivery, and strategic execution across international energy ventures. Her leadership will be key as 80 Mile enters an active development phase."

Newcomers to 80M, please note that on 12 Feb 2024, 80M (Bluejay Mining then) appointed Olga as the company's Senior Geologist. Following Olga's appointment, 80M put out a press release which said Olga would oversee the company’s critical work programmes at Disko (the work programme never materialised with the departure of KoBold Metals). I am now expecting Olga to play a leading role in progressing Disko's work programme in 2026 as 80M's new Chief Operating Officer.

https://newsnreleases.com/2024/02/12/bluejay-mining-cuts-costs-raises-funds-and-appoints-new-senior-geologist/

In my opinion, while we wait for drilling at Disko and Jameson Land to commence, if 80M were to confirm all of the following items, it would raise the share price to a height not seen in recent years.

DISKO

1. Heads of Terms JV Agreement converted to a Definite Agreement.

2. $30 million secured for fieldwork as part of the JV Definitive Agreement.

3. Receipt of £500,000 as part of the JV Definitive Agreement.

4. Greenland Government approves fieldwork, including drilling in 2026.

5. Drilling company secured.

JAMESON LAND

6. Greenland Energy merger and IPO completed.

7. Greenland Government approves fieldwork, including drilling in 2026.

8. Drilling rigs arrive at Jameson Land.

FERRANDINA (GREENSWITCH) PLANT

9. Applications for grants identified in the RNS 12 February 2025  have been approved.

10. The five MOUs identified in the RNS 28 October 2025 have been converted to Definitive Agreements.

11. Production restart has commenced.

Plus any other positive item(s) of surprise not listed above.

I will return to the list to tick off each of the 11 items as and when 80M confirms their occurrence via RNS. Please note that these items are for before drilling at Disko and Jameson Land commences.

A few other observations on today's RNS (17 Nov 2025).

You don't create a post of Chief Operating Officer unless you are intending to ramp up operations. The RNS states, "During the transition, Executive Directors Mr. Roderick McIllree and Mr. Troy Whittaker will work closely with Olga (new Chief Operating Officer), Mark, and the broader management team to ensure the safe execution of upcoming drilling programmes at Disko and Jameson and overseeing the restart of the Ferrandina Biofuels Plant on behalf of 80 Mile."

I infer from the statement that 80M is confident of achieving the following:

1. Convert the Disko Heads of Terms Agreement into a Definitive Agreement.

2. Secure formal approval from the Greenland Government for Disko fieldwork in 2026, including drilling.

3. Secure formal approval from the Greenland Government for Jameson Land Disko fieldwork in 2026, including drilling.

4. Restart production at Ferrandina (Greenswitch) biofuels plant.

Let's wait for confirmation now.

I suppose the use of the term "transition" in the RNS indicates that we are in a transition period concerning Board changes.

RachT2 (25 Aug 2025) under this thread: "Ashton - definitely not outlandish. An interesting and potentially beneficial possibility/development for 80M's long suffering shareholders."

Looks like you have changed your tune now!

CC - You say: "writing on the wall " appears pejorative to me, or have I misinterpreted the tone of your post?"

My apologies. Maybe it would have been better if I had chosen a different idiom. The Cambridge dictionary meaning of "The writing is on the wall" is said to mean that there are clear signs that something will fail or no longer exist.

In this context, I meant "no longer exists". That is, 80M as we know it now. ​

I started this thread on 24 Aug 2025 and asked the question: "In effect, as a publicly listed company, will Greenland Exploration Limited (soon to become Greenland Energy Company and listed on NASDAQ) go after some of the mining assets in Greenland? For example, takeover of, or merger with, 80M? If you think what I have uttered is outlandish, just bin it in the trash can!"

According to the RNS today (17 Nov 2025), during the transition period, Eric Sondergaard will step down from his position as Managing Director of 80M. During the transition period, the BoD will have Rod McIllree and Troy Whittaker as Executive Directors, and Mike Hutchinson, who is Chairman, as a Non-Executive Director. What is intriguing is that this leaves the BoD without an Executive Managing Director or Chief Executive Officer. For me, this raises a couple of questions:

1. Can we expect an announcement of further changes to the Board?

2. If so, do we have to wait until after the Greenland Energy IPO is completed for such an announcement?

It is worth noting that Eric is expected to join the Board of US-based USFM, and Rod will become an Executive Director of Greenland Energy after the merger and IPO. Moreover, as things stand, all three key roads (Disko, Jameson Land, and Greenswitch), which are expected to lead 80M to potential prosperity, have the name Robert Price written all over the road signs. For me, the writing is on the wall for anyone who cares to read between the lines, and the warning signs are steadily becoming more obvious.

I repeat, if you think what I have uttered is outlandish, just bin it in the trash can!

RachT2 (20 Sept 2025): "It was “fantastic news” in the sense that it generated another spike, which gave me (and others) the chance to take a profit. I wasn’t suggesting the news itself was fantastic, just that – along with the usual rampers – it created the conditions for a spike."

RachT2 (14 Nov 2025): "For the record, I don’t believe posts on this board move the share price. Much to the annoyance of some biased individuals, I regularly post my opinion, an opinion based on years of observing this company and its behaviour."

On the one hand, you say rampers can create the conditions for a spike, and on the other hand, while referring to your posts, you say you don't believe posts on this board move the share price.

One thing is for sure, in some cases, 80M can addle one's brain!

Oh dear, RachT2, that was a long reply but it failed to address my central point. That is, why you won't tell when asked whether you are a shareholder but you will tell when you have sold.

If you want to reply, just address my central point. Please, I don't want to read another long reply. 

You now say, "You (Ashton) conveniently failed to mention that my post to Piou (on 23 Oct 2025) was the first and only time I’ve ever stated that I’d recently sold (at a profit) and believed there’d be a chance to buy back lower."

It still stinks, though, coming from someone who is so secretive when asked whether you are a shareholder. By the way, it is not the first time you have disclosed when you have sold and made a profit. Here is another recent post.

RachT2 (20 Sept 2025): "It was “fantastic news” in the sense that it generated another spike, which gave me (and others) the chance to take a profit. I wasn’t suggesting the news itself was fantastic, just that – along with the usual rampers – it created the conditions for a spike."

I repeat, it is odd that you openly and freely admit to trading the stock but tell us only when you have sold and are secretive when asked whether you are a shareholder. When I put 2 and 2 together, what comes out stinks!

My understanding is last two weeks of December is the target date now. Importantly, investors have also been already lined up which means the IPO should go through.

Best to wait until we have news from Pelican.