London · Delayed Price · Currency is GBP · Price in GBX Kodal Minerals Earnings Call Transcripts
Fiscal Year 2026
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AGM confirmed strong financial performance, robust cash flow, and successful transition to mining operations. Strategic focus includes phase 2 expansion, resource upgrades, and new lithium opportunities, while addressing security, governance, and operational risks.
Fiscal Year 2025
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The meeting highlighted strong operational progress at Bougouni, with steady state production achieved and first exports imminent. Strategic focus remains on ramping up output, expanding resources, and managing risks in Mali, while exploring growth opportunities in West Africa.
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Bougouni lithium mine has achieved first production and is ramping up, with over 20,000 tonnes ready for export and a strong cash position. A 100% offtake agreement with Hainan Mining is in place, and further expansion and resource updates are underway. Share price is expected to improve as exports and revenue begin.