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 October 2020 Kore commenced the planned drilling programme for the Phase 1 of Definitive Feasibility Study for the Company’s DX Project.
Kore Potash plc, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, …
Updated Dougou Extension (DX) Pre-Feasibility Study Production Target Kore Potash plc, the potash development company with 97%-ownership of the Kola …
Review of Operations for the Quarter ended 30 September 2020 Kore Potash plc (“the Company”), the potash development company with …
Kore Potash plc (“the Company”), the potash development company with 97%-ownership of the Kola and DX Potash Projects in the …
Government approval to drill at DX Project Kore Potash plc, the potash development company with 97%-ownership of the Kola and …
Kore Potash plc, the potash exploration and development company whose flagship asset is the 97%-owned Sintoukola Potash Project (“Kola” or …
|(Loss for the year)||(4.34)||(6.27)|
|Cash & Cash Equivalents||16.46||6.19|
David Hathorn – 4.75%
Jonathan Trollip – 0.20%
Brad Sampson – 0.16%
Princess Aurora Company PTE – 23.29%
Sociedad Quimica Y Minera de Chile SA – 20.20%
Dingyi Group Investments– 12.37%
Canaccord Genuity Wealth – 9.64%
Harlequin Investments – 6.68%
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.”