Kodal Minerals plc (LON: KOD) is a UK-based, AIM listed company with its main focus on the exploration and development of minerals in West Africa, specifically Senegal and Mali. The Company’s strategy is to identify and develop projects with the potential to become large-scale, low-cost operations. The current share price can be found on numerous financial websites such as Google Finance and Yahoo Finance.

As of 12/06/2017, the Kodal Minerals share price was 0.60 GBP.

Kodal Minerals is a UK-based exploration and development company with a focus on West Africa. The company’s share price has been on the rise in recent months, as investors have become more bullish on the prospects for its flagship Kodal phosphate project in Mali. The Kodal phosphate project is one of the largest undeveloped phosphate deposits in West Africa, and the company is currently advancing it towards production.

In December 2018, Kodal received a key construction permit for the project, which was a major milestone. With the permitting process now complete, Kodal is moving ahead with finalizing financing for the project. Once financing is secured, construction will begin, and the company expects to start producing phosphate by 2021.

Investors are clearly betting that Kodal will be successful in bringing its phosphate project into production, and the stock price reflects this optimism. With construction set to begin soon, it seems like things are finally moving forward for Kodal Minerals after years of planning and preparation.

Kodal Minerals Share Price Prediction

Kodal Minerals share price is currently trading at GBP 0.013, down from its 52-week high of GBP 0.042. Despite the recent sell-off, some analysts remain bullish on the stock and believe it could stage a recovery in the coming months. Here we take a look at three key reasons why Kodal Minerals shares could rebound in 2020.

1) Demand for lithium to continue growing Kodal Minerals is primarily focused on exploring and developing its Bougouni Lithium Project in Mali, West Africa. The project covers an area of 1,200 square kilometres and contains several high-grade lithium deposits.

In 2018, the company completed a feasibility study which confirmed that Bougouni has the potential to become a large-scale operation producing up to 25,000 tonnes of lithium concentrate per year. The global demand for lithium is forecast to grow significantly over the next few years as electric vehicles (EVs) become increasingly popular. According to Bloomberg New Energy Finance, EV sales are expected to reach 10 million units by 2025, up from just 2 million last year.

This increase in demand will require a significant ramp-up in production of lithium batteries which contain around 50% more lithium than traditional lead acid batteries used in petrol and diesel cars. As one of the leading developers of new lithium projects, Kodal Minerals stands to benefit from this trend as battery manufacturers seek secure supplies of the metal.

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Is Kodal a Good in Investment?

Kodal is a good investment because of its strong future prospects. The company has a sound business model with a diversified customer base and a proven track record of delivering shareholder value. Its share price is currently undervalued, making it an attractive proposition for long-term investors.

How Can I Invest in Kodal Minerals?

If you’re looking to invest in Kodal minerals, there are a few things you need to know. First, Kodal is a exploration and development company with a focus on bringing back battery grade lithium carbonate from their Bougouni Lithium Project in Mali, West Africa. Second, as an investor, you can purchase shares of Kodal through a broker or dealer that offers trading on the London Stock Exchange’s AIM market.

Third, when considering any investment, it’s important to do your own research and consult with a financial advisor to get the most accurate and up-to-date information. Now that you know a little bit more about Kodal and how to invest in the company, let’s take a closer look at what they’re all about. Kodal Minerals is focused on becoming one of the leading suppliers of battery grade lithium carbonate.

The company’s flagship Bougouni Lithium Project is located in Mali, West Africa and contains high quality lithium resources that are amenable to low cost processing methods. In addition to their mining operations, Kodal also has interests in other mineral properties throughout Africa including gold, manganese, and iron ore projects. Kodal is led by an experienced management team with over 75 years of combined experience in the mining industry.

They have a proven track record of successful project development and operation which gives investors confidence in their ability to execute on their business plan. The current share price for Kodal Minerals is around 7p which gives the company a market capitalization of £25 million GBP (as of March 2017). When compared to their peers in the lithium space such as Galaxy Resources (GXY) which has a market cap of $1 billion USD or Orocobre (ORE) with a market cap of $2 billion USD , it’s clear that there is significant upside potential for Kodal if they can successfully bring their Bougouni project into production.

If you’re interested in investing in an exciting junior mining company with exposure to high growth commodities like lithium then Kodal Minerals should definitely be on your radar screen!

Kodal Minerals Stock Chart Update $KOD

Conclusion

Kodal Minerals is an emerging minerals exploration and development company with a multi-commodity portfolio, predominately focused in West Africa. Kodal Minerals is an up-and-coming minerals exploration and development company with a focus on West Africa. The company has a diverse portfolio of commodities, including gold, silver, copper, and lithium.

Kodal is committed to responsible mining practices and sustainable development. The company’s share price has seen significant growth in recent months, due to increased investor interest in the African mining sector.