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Kodal Minerals Share News (KOD)
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Kodal Minerals Information
Share Price Information for Kodal Minerals (KOD)
Share Price is delayed by 15 minutes
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Share Price:
0.495
Bid:
0.49
Ask:
0.50
Change:
0.011 (2.30%)
Spread:
0.01 (2.041%)
Open:
0.48
High:
0.49
Low:
0.482
Prev. Close:
0.479
Last checked at -
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Don't have an account? Click here to register.Kodal Minerals keeps on flying after New Year's Eve debut
Thu, 02nd Jan 2014 15:07
Newly AIM-listed phosphorus and iron explorer Kodal Minerals rose steeply on Thursday after floating in the last days of December. Shares in the Norway-focused outfit were up 60% to 1.32p by 14:55 on Thursday, an 88% rise from the 0.7p price at which it raised £1m in its initial public offer. The company is developing the Kodal Project in Southern Norway, which was originally looked at by Norsk Hydro, and using historical data on the project intends to establish a mineral resource estimation soon. The project has a total indicated mineral resource of 14.6m tonnes at 2.26% phosphorous and 24.12% iron, with an inferred mineral resource of 34.3m tonnes at 2% phosphorous and 20.38% iron.Chief Executive Luke Bryan said once environmental and social impact assessment studies and preliminary engineering works are completed the company will apply for a permit application leading towards an operating licence. "The company will also be undertaking marketing studies on its high grade phosphate concentrate (41.8% P2O5) and will be conducting some additional tests to try to improve on its 62% iron concentrate."House broker SP Angel, which owns 5.2% of the shares, with directors almost another 23%, has tipped the stock to re-rate to 3.1p in the short term based on a heady discounted cash flow analysis. OH
More News
7 Dec 2016 13:58
Kodal Minerals reports promising results from Bougouni tests
(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced high grade rock chip results from the first dispatch of samples from the reconnaissance rock chip sampling at its lithium interests in Southern Mali on Wednesday. The AIM-traded firm said the
Read more19 Oct 2016 13:05
Kodal Minerals temporarily withdraws from Norway project
(ShareCast News) - Mineral exploration and development company Kodal Minerals announced on Wednesday that it has requested a temporary withdrawal from the planning process for its non-core phosphate and titanomagnetite project in Southern Norway. The AIM-traded firm said the move was in line with
Read more5 Oct 2016 10:29
Kodal Minerals shares rise on Korhogo test results
(ShareCast News) - West Africa-focused mineral exploration and development company Kodal Minerals announced on Wednesday that it has received the results of the wide-spaced surface geochemical sampling programme recently completed at its 100% owned Korhogo Project in northern Cote d'Ivoire. The AIM-
Read more15 Jul 2016 13:31
Jones steps down as Kodal chairman
(ShareCast News) - Mineral exploration and development company Kodal Minerals announced on Friday that David Jones has stepped down from his role as chairman and non-executive director of the company, effective immediately. The AIM-traded firm said his role as chairman will be taken over by existing
Read more17 Jun 2016 10:59
Kodal Minerals disappointed at lack of progress at Norway project
(ShareCast News) - Kodal Minerals, a mineral exploration and development company, mitigated its full year losses by keeping costs low in its subsidiaries and project investments in Norway and west Africa. The company reported a loss before tax of £465,622 for the year ended 31 March 2016. For the sa
Read more20 May 2016 11:58
Kodal Minerals acquires International Goldfields, appoints CEO
(ShareCast News) - Mineral exploration and development company Kodal Minerals announced on Friday it has completed its acquisition of International Goldfields (Bermuda), as well as a £0.68m fundraising. The AIM-traded company said International Goldfields controls a portfolio of "highly prospective"
Read more7 Apr 2016 11:06
Kodal Minerals proposes West African acquisition and placing
(ShareCast News) - Hitherto Norway-focused explorer Kodal Minerals has proposed the all-share acquisition of a group of gold exploration properties in Mali and Côte d'Ivoire and a fundraising of up to £680,000 to finance medium-term plans. The west African properties are currently owned by Aussie-li
Read more