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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
80 Mile
80 Mile (80M) investor relations material
80 Mile H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary16 Sep, 2026
Executive summary
Transitioned from explorer to diversified energy and resources group with three active platforms: hydrocarbon exploration, nickel-copper-cobalt-PGE drilling, and a biofuels plant in Italy.
Achieved SEC approval and Nasdaq listing for Greenland Energy Company (GLND); raised $70 million for Jameson Land Basin drilling.
Disko project advanced to drilling phase; Ferrandina biofuels plant secured key European sustainability certifications.
Monetised non-core assets and maintained portfolio discipline; AIM Company of the Year award received.
Financial highlights
Reported pre-tax loss of £1,464,625 for the six months ended 30 June 2026, compared to a loss of £452,107 for the same period in 2025.
Net cash balance at 30 June 2026 was £285,941, down from £1,070,729 at 30 June 2025.
Total assets at 30 June 2026 were £16.7 million; total equity £9.3 million.
Non-repayable gain of £2.3 million recognised from USFM's pre-closing funding contribution for Nikkeli Project.
Outlook and guidance
Key catalysts for the next twelve months: Disko drill results, Jameson drilling permit progress, Ferrandina commercial restart, and value realisation from Dundas and Finland assets.
Board remains optimistic due to real assets, funded partners, and ongoing work.
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Latest events from 80 Mile
- Imminent drilling and production across Greenland, Italy, and Finland target major resource and energy upside.80M
Corporate presentation - Over $100 million in US partner funding secured; major impairments drive £33.1m loss.80MH2 2025
- Net loss of £1.81M, major cost cuts, asset divestments, and new focus on critical minerals and gases.80MH2 2023
- Net loss widened to £9.56m amid strategic expansion and asset impairments.80MH2 2024
- Strategic overhaul, cost cuts, and new funding support growth in industrial gases and mining.80MH1 2024
- Net profit surged to £4.26m in H1 2025, reflecting asset gains and operational advances.80MH1 2025
- Imminent drilling, world-class JVs, and green energy assets drive near-term growth.80MCorporate presentation
80 Mile
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