Dekel Agri-Vision (DI) (DKL)

Sector:

Food

Index:

FTSE AIM All-Share

 1.18p
   
  • Change Today:
      0.000p
  • 52 Week High: 3.45
  • 52 Week Low: 1.12
  • Currency: UK Pounds
  • Shares Issued: 560.07m
  • Volume: 823,185
  • Market Cap: £6.58m
  • RiskGrade: 118

Dekel confirms departure of cashew infrastructure from China

By Josh White

Date: Thursday 14 May 2020

LONDON (ShareCast) - (Sharecast News) - West Africa-focussed agriculture company Dekel Agri-Vision updated the market on the development of its 10,000 tonnes per annum raw cashew nut processing project at Tiebissou in C?te d'Ivoire on Thursday.
The AIM-traded firm said the entire shipment from China, consisting of 32 containers of infrastructure equipment for the construction of the project, has now departed.

It said the shipment was expected to arrive at the port of Abidjan in C?te d'Ivoire in early July.

This shipment of infrastructure equipment from China followed the restart of the manufacture of milling equipment in Italy, which had been suspended for a number of weeks as a result of the Covid-19 coronavirus outbreak in the country.

Together with groundworks continuing at the site in Tiebissou, with "minimal disruption", Dekel said it still expected the mill to be commissioned by April 2021.

"The shipment of infrastructure equipment from China is another positive step towards the construction of our large-scale cashew processing operation at Tiebissou," said executive director Lincoln Moore.

"There was undoubtedly going to be delays due to Covid-19, so we are pleased to see activity resuming in good time, not just in China but also in Italy where the mill equipment is being manufactured.

"I look forward to providing further updates on the project's progress as we focus on having the mill operational in the first half of 2021 and in the process, adding a second producing project and a second revenue stream to our portfolio."

At 1209 BST, shares in Dekel Agri-Vision were up 1.82% at 2.24p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

DKL Market Data

Currency UK Pounds
Share Price 1.18p
Change Today 0.000p
% Change 0.00 %
52 Week High 3.45
52 Week Low 1.12
Volume 823,185
Shares Issued 560.07m
Market Cap £6.58m
RiskGrade 118

DKL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
Market averageMarket averageMarket averageMarket averageMarket average
15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average
Price Trend
Market averageMarket averageMarket averageMarket averageMarket average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income Not Available
Growth
Market averageMarket averageMarket averageMarket averageMarket average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average

DKL Dividends

  Latest Previous
  Final
Ex-Div 13-Jul-17
Paid 04-Sep-17
Amount 0.17p

Trades for 17-May-2024

Time Volume / Share Price
15:41 500,000 @ 1.20p
15:00 326 @ 1.19p
13:41 300,000 @ 1.12p
13:14 15,696 @ 1.12p
10:54 7,163 @ 1.19p

DKL Key Personnel

CEO Youval Rasin
CFO Yehoshua Shai Kol

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