Kore Potash (LSE:KP2) plc is an advanced stage mineral exploration and development company that is incorporated in the United Kingdom and listed on AIM, ASX and the Johannesburg Stock Exchange (JSE). The primary asset of KP2 is the 97%-owned Sintoukola Potash SA (SPSA) in the Republic of Congo. SPSA has 100% ownership of the Kola Mining Lease within which the Company’s lead project, the Kola Sylvinite Deposit is located. SPSA also has 100% ownership of the Dougou Mining Lease within which the Dougou Carnallitite Deposit and the Dougou Extension Sylvinite Prospect are situated.
In January 2019, Kore published the results of its efinitive Feasibility Study at the Kola Project which higlighted Kola’s potential to deliver potash to the key markets in Latin America and Africa at a significantly lower cost than other potash producers over a long timeframe. Highlights of this report can be found here. In June 2019 Kore announced the successful fundraising of US$13.1 million to complete a pre-feasibility study on the DX Project and to progress the first phase of capital optimisation of the Kola Project.
Kore Potash and the Kola Project We recently filmed an interview with Brad Sampson the CEO of AIM-listed Kore Potash. …
Kore Potash, the developer of two ‘world class’ potash assets in the Republic of Congo has today released an operational …
Kore Potash, the potash exploration and development company whose flagship asset is the 97%-owned Sintoukola Potash Project (“Kola” or the …
Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project (“Kola” or the “Project”), …
|(Loss for the year)||(4.34)||(6.27)|
|Cash & Cash Equivalents||16.46||6.19|
David Hathorn – 2.69%
Brad Sampson – 0.04%
Princess Aurora Company PTE – 18.98%
Sociedad Quimica Y Minera de Chile SA – 17.48%
Australian Register – 15.01%
Harlequin Investments – 12%
Dingyi Group Investments– 8.78%
Shard Capital Note (March 2019)
“The fundamental drivers in the potash space remain relevant. The general investment case is well documented, but we reiterate the following key demand drivers.
Shares Magazine (Apr 2018): “Kore Potash to rival Sirius Minerals with ‘world class’ mining project”
“Fans of British mining stock Sirius Minerals (SXX) may be interested in another potash company called Kore Potash (KP2:AIM) which has just listed on the UK stock market. Analysts reckon it has a world class project which is likely to have some of the lowest operating costs in the industry, implying scope to make healthy profit margins if potash prices hold up.”