MOU1 Oct 2020 14:04
Kodal Minerals Signs MoU with Sinohydro to Review Engineering, Development and Financing of Bougouni Lithium Project
Kodal Minerals, the mineral exploration and development company focused on its Bougouni Lithium Project (the "Bougouni Project" or the "Project") in southern Mali, is pleased to announce it has signed a Memorandum of Understanding (the "MoU") with Sinohydro Corporation Limited ("Sinohydro"), a specialist engineering, infrastructure, power developer and construction contractor, to work together to develop the Bougouni Project.
Still very undervalued. Look at the market cap, we’ve got an excellent DFS. And MOU with a multibillion company. We just need Patience.
Sinohydro is a subsidiary of PowerChina, a Chinese state-owned enterprise and a Fortune Global 500 Company with a US$67bn turnover, which is a leading international engineering and construction company providing integrated services across a range of renewable energy and infrastructure areas.