KNI - Kuniko Limited

[System]

Kuniko Limited (formerly Koppar Resources Europe Pty Ltd) is an Australian unlisted public company, incorporated on 24 May 2017 by its current parent company, Vulcan Energy Resources Limited (Vulcan).

Following a strategic review by Vulcan of its assets, Vulcan decided to demerge its base metals exploration projects located in Norway.

Kuniko is focused on the development of copper, nickel and cobalt projects in Scandinavia, with a strict mandate to maintain net zero carbon footprint throughout exploration, development and production.

Focus will be on Kuniko's 262km2 Ni-Co-Cu licence portfolio:

(a) South-west Norway tenements: Ni-Cu-Co projects in the historically important Feøy and Romsås mining districts located in south-western Norway.
(b) South-central Norway cobalt tenements: Co-Cu-Au project, part of the historically important Skuterud mining district of central-southern Norway, previously the largest cobalt mining area in the world.
(c) South-central Norway copper tenements: Undal Cu-Zn-Co project and Vangrøfta Cu-Co-Au projects located in the Trondheim region of central Norway.

It is anticipated that KNI will list on the ASX during August 2021.

Kuniko | Zero Carbon Battery Metals

kuniko.eu

 

[Dona Ferentes]

Listing date	23 August 2021 11:30AM AEST ##
Company contact details	https://kuniko.eu/ Ph: + 61 8 6164 5095
Principal Activities	Mining exploration
GICS industry group	TBA
Issue Price	$0.20
Issue Type	Ordinary Fully Paid Shares
Security code	KNI
Capital to be Raised	$7,886,213
Expected offer close date	26 July 2021
Underwriter	Not underwritten. Canaccord Genuity (Australia) Limited and Vert Capital Pty Ltd (Joint Lead Managers).

 

[Dona Ferentes]

Came to market yesterday.... out of the blocks at 80c, made it above $1.00 for a fleeting while and ended Day One at 85c

For a 20c float, it is quite a stag. (or meme stock, associated with the other one, KUL)

 

[Sean K]

Not a bad second day, so far.

 

[Dona Ferentes]

Meme stock. $8million raised will pay for a few nights in an Oslo hotel, plus beer and pizza.

 

[Sean K]

I wonder who got caught without a chair at $3.60. LOL. Now in Pause.

 

[peter2]

Trading halted while mgt tries to explain today's wild trading. Another successful "pump" from the team who does it well.

 

[Sean K]

Trading halted while mgt tries to explain today's wild trading. Another successful "pump" from the team who does it well.

 

[Stockbailx]

KNI fallen sharply, after yesterdays hell raiser, looking for support, will it sustain its bullish form...

 

[frugal.rock]

Not sure what interest the S2 Consortium may have in this currently. Caution, but cobalt is getting a bit interesting lately.

 

[rcw1]

Good afternoon
No posts since 24/04/23

Company running out of coin to play in the sandpit. As at 30 June 2024, KNI had A$3.7 million of cash on hand, as published 23/07/24 - 2.1 quarters of funding available. The Company had A$5.5 million as at 31 March 2024.

Poor volume.

VUL still has 15.87% ownership.
VUL substantial shareholders include:

Georgina Hope Rinehart	14,123,048	7.51%
Bianca Hope Rinehart	14,123,048	7.51%

Not holding

Kind regards
rcw1

 

[Faramir]

I am choosing KNI for November 2024 Stock Tipping Comp.
Too tired to think of a reason. Don’t ask me why it went up 27.59% today.