15th Jun 2022 15:42
Kodal Minerals PLC - mineral exploration and development company focused on lithium and gold assets in West Africa - Net present value rises to USD760 million at its Bougouni lithium project in Mali, up from USD293 million in the original feasibility study. Life of mine revenue exceeds USD2.15 billion based on an average selling price of USD1,060 per tonne.
Adds there are currently "buoyant" market conditions for lithium spodumene concentrate. Says this provides further incentive to develop the Bougouni project.
Current stock price: 0.26 pence, down 2.9% in London
12-month change: down 20%
By Heather Rydings; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Kodal Minerals