UK 06:51 Sunday, 11 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Kodal Mining (KOD) sounds ‘cautiously optimistic’ about its Grimeli copper and zinc project in northern Norway in the wake of encouraging initial drilling results there, though as yet the stockmarket does not share this sentiment, having sent the AIM-quoted company’s shares down from a 12-month of 0.53p to 0.19p now. Established in its present form by private California-based resource services company Tetra Minerals, London-based Kodal hopes to establish a ‘small, high-grade underground mine’ at Grimeli, according to chief executive officer Luke Bryan, who is savouring drilling intersections including half a metre with 4.29% copper and 0.82% zinc and 0.97 of a metre with 6.39% copper and 0.82% zinc.
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