Added to YB: 2026-03-20
Pitch date: 2026-03-18
KEN.L [neutral]
Kendrick Resources PLC
-9.68%
current return
Author Info
No bio for this author
Company Info
Kendrick Resources PLC engages in the exploration and development of mineral resource properties in Norway, Sweden, Finland, and Scandinavia.
Market Cap
GBP 10.7M
Pitch Price
GBP 0.03
Price Target
N/A
Dividend
N/A
EV/EBITDA
-13.54
P/E
-2.53
EV/Sales
9.5K
Sector
Metals and Mining
Category
growth
Kendrick Resources PLC - $KEN.L
KEN.L (update): Pivoted from Scandinavian vanadium to Namibian rare earths. Teufelskuppe initial drill: 8.14% TREO over 21.16m, 4.18% avg TREO matches Mountain Pass (MP Materials) & ahead of all projects in construction. 1.0% Nd/Pr grade = critical EV/wind magnet metals. 295 historical samples avg 3.12% TREO, peer-reviewed in Geological Magazine. 70% interest for $300k+22M shares, 65km to Lüderitz port. £9M mkt cap vs potential trade sale/JV to major/govt buyer seeking western Nd/Pr supply chain security. Resource size TBD, 8 bodies + second complex to drill.
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