RE: Getting media coverage31 Aug 2023 11:18
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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Kodal Minerals PLC, up 21% at 0.52 pence, 12-month change 0.20-0.93p. The West Africa-focused mineral explorer and developer says its subsidiary Kodal Mining UK Ltd, Hainan Mining Co Ltd and Hainan's subsidiary Xinmao Investment Co Ltd have approved an extension for the Bougouni lithium project funding package, originally announced in January. Deadline moves to September 30 from August 31. Continues to work with the Mali government to finalise the remaining compliance that will complete the funding. Notes all approvals have been obtained from the Chinese government. Adds that it has also completed the full registration of a new mining company, Le Mines de Lithium de Bougouni SA, which is a 100% subsidiary of Kodal Mining UK.
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Crossword Cybersecurity PLC, up 7.7% at 7.00 pence, 12-month range 6.00-26.00p. The cybersecurity firm expects to report revenue of GBP1.9 million in the six months ended June, up 27% from the year prior. Notes there has not been a slowdown in cybersecurity spending among its core regulated and critical national infrastructure clients. Consequently, expects to meet market expectations for full-year revenue. Adds its overall gross margin improved by 4 percentage points in the first half of the year and its administrative expenses have stabilised. Eyes a revenue growth rate of 30% for 2024 and aims to deliver earnings before interest, tax, depreciation and amortisation and cash breakeven on a monthly basis during the second half of 2024.
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