(NewsDirect)
Kodal Minerals PLC (AIM:KOD) CEO BernardAylward speaks to Thomas Warner from Proactive at the end of a year hedescribes as "fantastic" for the company and its effort todevelop the Bougouni Lithium Project in southern Mali.
He says a transformative joint venturewith Hainan Mining has fully funded the development of Bougouni,prompting the start of its construction. Kodal also grew its resourcebase by over 40% due to successful drilling programs, with moreexploration work still to come in. He touches on negotiations withHainan Mining, which were initially expected to be swift butencountered bureaucratic delays.
However, with regulatoryapprovals and restructuring, the deal was finalised in November.Aylward remains optimistic about starting production by late 2024,transitioning Kodal from an explorer to a lithium producer. Hestresses the company's consistent communication and strongrelationship with shareholders, emphasising the year'stransformational impact. Aylward concludes by expressing gratitude forthe support since 2016 and anticipated further developments, extendingholiday wishes to the interviewer and viewers.
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