skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 
Home » Regular Columns » Three Quick Facts » Three Quick Facts: Kodal Minerals, Tlou Energy and Tekcapital

Three things you need to know in the financial markets this morning from investment writer, Tony Cross.

Kodal Minerals

There’s an update out from Kodal Minerals [LON:KOD] this morning, whose shares have been volatile in the last few days. The next phase of drilling has commenced at a gold exploration site in the Cote d’Ivoire, with a second rig already being on site and assembly here is underway. The note also includes details of the progress of the Mali lithium project, with the firm now expecting to receive the request for the payment of the license fee – the political uncertainty in the country apparently is having little impact on commercial activity.

Tlou Energy

There’s a very brief note out from Tlou Energy [LON:TLOU] this morning on their hydrogen strategy. The company notes it is well positioned to produce hydrogen, not least owing to its extensive solar resources in Botswana. The company notes that it remains focused on gas to power projects but is also across this evolving space. One to watch?

Tekcapital

Tekcapital [LON:TEK] notes that today is the first day of dealings for Bellascura, a company which it upped its stake in a few months back when news of a potential IPO was first floated. At the IPO price of 45p, Tekcapital’s stake is worth $10.8m, an uplift of $8.8m on the book value from November 30th. Tekcapital is locked in for 12 months, but would be expected to track Bellascura’s fortunes, given this represents around 40% of the market cap.

Sign up for three quick facts and more with our Free Daily Digest newsletter, every weekday morning.

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.

Comments

Subscribe for more stories like this, 8am weekdays - for free!


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
WisdomTree
ActivTrades
Back To Top