Kodal Minerals (KOD)

Sector:

Mining

Index:

FTSE AIM All-Share

0.28p
   
  • Change Today:
      0.003p
  • 52 Week High: 0.39
  • 52 Week Low: 0.21
  • Currency: UK Pounds
  • Shares Issued: 16,904m
  • Volume: 23,771,833
  • Market Cap: £47.33m

Kodal drops despite positive results from lithium drilling

By Iain Gilbert

Date: Tuesday 25 Jul 2017

LONDON (ShareCast) - (ShareCast News) - West Africa-focused explorer Kodal Minerals has completed a major reverse circulation drilling programme at the Bougoni lithium project in southern Mali.
Completed in June, the RC programme reported assay results for drill hole KLRC055 at an intersection of 7m at 1.52% Li2O from 79m depth.

Previous drillings at the prospect had shown higher grades, with the lowest from its previous efforts being 1.54% Li2O and highest being 1.80% Li2O.

The drill hole, located at the eastern end of the Ngoualana prospect, confirms further opportunities along the eastern expansion, with drilling set to continue at the end of the wet season in southern Mali.

Processing has begun on the core from the five diamond drill holes at Ngoualana, with samples being selected for additional metallurgical testing.

Ground geophysical surveys, designed to test if the structures hosting the mineralised pegmatite veins can be detected and delineated are underway to aide in future drill targeting.

As of BST 0900 shares were down 10.14% to 0.31p

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Kodal Minerals Market Data

Currency UK Pounds
Share Price 0.28p
Change Today 0.003p
% Change 0.90 %
52 Week High 0.39
52 Week Low 0.21
Volume 23,771,833
Shares Issued 16,904m
Market Cap £47.33m

Kodal Minerals Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
49.78% below the market average49.78% below the market average49.78% below the market average49.78% below the market average49.78% below the market average
26.23% below the sector average26.23% below the sector average26.23% below the sector average26.23% below the sector average26.23% below the sector average
Price Trend
32.38% above the market average32.38% above the market average32.38% above the market average32.38% above the market average32.38% above the market average
41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average
Income Not Available
Growth Not Available

Kodal Minerals Dividends

No dividends found

Trades for 08-Aug-2022

Time Volume / Share Price
13:57 1,667,284 @ 0.27p
13:42 1,350,000 @ 0.28p
13:41 1,333,813 @ 0.28p
13:21 13,716 @ 0.28p
13:20 25,183 @ 0.28p

Kodal Minerals Key Personnel

CEO Bernard Aylward

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