Share Name Share Symbol Market Type Share ISIN Share Description
Kodal Minerals LSE:KOD London Ordinary Share GB00BH3X7Y70 ORD 0.03125P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.0825p 0.075p 0.09p 0.0825p 0.0825p 0.0825p 9,455,403.00 07:31:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.5 -0.1 - 3.75

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Date Time Title Posts
30/11/201615:40Kodal Minerals885.00

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Kodal Minerals Daily Update: Kodal Minerals is listed in the Mining sector of the London Stock Exchange with ticker KOD. The last closing price for Kodal Minerals was 0.08p.
Kodal Minerals has a 4 week average price of 0.09p and a 12 week average price of 0.11p.
The 1 year high share price is 0.23p while the 1 year low share price is currently 0.03p.
There are currently 4,546,254,849 shares in issue and the average daily traded volume is 44,321,226 shares. The market capitalisation of Kodal Minerals is £3,750,660.25.
cpap man: As usual with small caps post a decent RNS the share price at KOD has come off the boil offering imho a great buying opportunity in KOD ahead of the next leg up!
knicol46: NEW RNS (shares issued @ premium to current share price) Kodal Minerals, the mineral development and exploration company owning extraction and exploration licences in Norway, announces that it has issued 26,570,886 new ordinary shares of 0.03125 pence each ("Ordinary Shares") at a price of 0.158 pence per Ordinary Share to its drilling contractor as part payment under the drilling contract. The contractor was engaged to undertake a 2,000 metre drilling programme at the Grimeli Project. The drilling has now been completed and this share issue represents the second share payment under the drill contract. A further and final share payment will be made in due course. The first results of the drilling were announced by the Company on 14 May 2015 and further results are expected to be announced shortly. The Grimeli Project is a copper and zinc project located in western Norway approximately 150km north of Bergen.
oilbuy: Share price bounced off the lower bollinger band and broke the 20 DAY SMA. The 50 DAY SMA next to be broken sits just above the upper bollinger band. Massive volume of 60 M on Friday suggests news is close.
ibug: Bulls led the way in the counter of Kodal Minerals PLC (LON:KOD) as the share price advanced by 18.87% or 0.05 points. Amid a volume of 6,713,376 shares, the price hit a low of 0.265 and a high of 0.32 before concluding the trading session at 0.275. The previous trading session had closed at 0.265. The 52-week low of the stock is 0.21 and the 52-week high is 2.75. From the data available, it has been found that the 52-week high is 90.36% higher than the current price. The 30-day simple moving average of the share price is 0.26. The trading currency is in GBp.
ajlinton: Little Downside here at current share price, time to BUY! not sell.
leebong: In Conjunction with todays update about the mine: Kodal Minerals PLC Grimeli project update: High grade copper Share On Facebook Print Alert TIDMKOD RNS Number : 9091V Kodal Minerals PLC 03 November 2014 Kodal Minerals plc ("Kodal Minerals" or the "Company") Grimeli Project Update High Grade Copper at Grimeli Kodal Minerals, the mineral development and exploration company owning extraction and exploration licences in Norway, is pleased to announce the results of underground channel sampling completed in the Upper Mine at the Grimeli Project. The Grimeli Project is a copper ("Cu") project located in western Norway approximately 150km north of Bergen. Highlights -- The highest grade result from a series of underground channel samples taken from the Grimeli Upper Mine returned a grade of 7.24% Cu over 1.74m; -- Other significant high grade results include 4.93% Cu over 1.02m, 4.89% Cu and 4.19% Cu over 0.5m; and -- The Company is now planning a drill program to test the extent of the mineralised zone to the east, west and below the current sampled area. Luke Bryan, CEO of Kodal Minerals, commented: "These results are particularly interesting as some were taken from the end of an access drive 150 above sea level which we think was constructed around 1917 just as the mine was shut due to a fall in copper prices. As a consequence these represent samples taken from in-situ ore as opposed to the pillars we sampled in the Lower Mine. As well as the samples confirming our high grade expectations we have had access to the full width of the ore body for the first time and the results demonstrate that it extends across the expected 1.5 to 2 metre range. These sample grades further demonstrate the grade potential of the Grimeli Project. We look forward to drill testing this area along with the untested 3,200 metre magnetic anomaly previously reported." The prospects for the entire operation look very good at this developmental stage. A future share price of 2-3p once the permits have been awarded is not an unrealistic prospect given that the company is funded with 1.5 million pounds of capital gained from the original placing last January.
leebong: Kodal Resources have the potential of becoming a very profitable business for many years; benefiting from resources already discovered which all can be expanded due to new tech doing the initial exploring. One of the iron ore mines has a JORC Compliant certificate and it's resource maybe expanded from a thickness of 300 metres to a possible 800 metres. Plus there are seven other permits awarded being explored in the same area. Once the most recent reports are published for the three commodities then the total mineralization resource for each deposit will be clarified. This is anticipated to be considerably higher as sighted by Berenberg who rated the business some months ago at 3.6p/ share before the copper mines were awarded. So an upgrade of resource and share price is in the offering imo.
warwick69: Thanks Dan yes i am sure it will just annoying the way MM manipulate the share price to their benefit so easily
leebong: IRON CONCENTRATE At a planned mining rate of 1.6 million tonnes per annum, it is expected that the Kodal project could produce about 650,000 tonnes of iron concentrate annually. The concentrate would contain high concentrations of both iron and titanium as the two metals occur chemically bonded as ilmenomagnetite. It is expected that the Kodal project could produce about 200,000 tonnes per year of phosphate concentrate. So once developed into a medium sized mining company it will have a high purity, high grade Iron Ore deposit with quite of lot of valuable Phosphorous. They have a plan to develop a plant at a sea port to separate the minerals for shipping. As a development play in a low risk country in Europe/ Scandinavia the share price should develop to much higher levels than 1.35p.
Kodal Minerals share price data is direct from the London Stock Exchange
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