Kropz Share Discussion Threads

[the count of monte_cristo] 10/2/2024 05:04

They continually fail to deliver, avoid.

[ppvn] 24/1/2024 12:30

Beginning to bode a bit better here. Finished out the year with more sales (albeit not enough) but with the extra centrifuge production should be up by 40% fairly soon.

Hopefully they can provide some guidance for 2024 production but looking to be around 400k tonnes even if all else remains constant.

At where this is currently priced seems to me to be a mismatch even with their production issues.

[ppvn] 08/12/2023 12:44

New centrifuge is being installed in Feb 2024 which should be the uplift of 40% to production.



From the Dec 7th update at the African Rainbow Capital investor relations page.

[the count of monte_cristo] 22/11/2023 10:42

That's if they can do it. Past performance says further delays and missed targets. Could be deadly in this market.

[tomboyb] 21/11/2023 14:21

expect a tad of blue -

[the count of monte_cristo] 21/11/2023 12:06

True, could also go to zero though.

[ppvn] 15/11/2023 07:29

Morning Count,

Hmm should I admit it... ha only joking. Yes I'm in this one still. For me the risk vs. reward is definitely there. At this point the share price is disconnected with reality imo and is more a function now of a bidless market. Because of the woeful liquidity a few grand of sells has brought the share price to where we are today. A risky proposition sure, but if they can get production up even slightly the share price should go to multiples of where it currently is.

Not advocating anyone to buy, but at these levels to me it's worth the punt.

[the count of monte_cristo] 10/11/2023 12:56

Hitting all time lows now.

[the count of monte_cristo] 23/10/2023 14:48

Might go the same way as AGTA.

[texaschaser] 07/10/2023 19:47

Po trash mining

[ppvn] 03/10/2023 14:34

Bearing in mind probably about £10 or maybe £15k worth of shares have traded today I'm not sure how useful stochastics are...

That being said - I agree today probably not the day to buy in. The next RNS will most likely be another drawdown of the loan facility with ARC, and let's face it trading vol will likely dwindle. Take your time to digest what the company does / what could happen and base decisions on that - not FOMO.

[papillon] 03/10/2023 14:16

free stock charts from uk.advfn.com


According to the 14 day RSI it's currently overbought.

[the count of monte_cristo] 03/10/2023 11:50

You wonder how long they can keep funding them, currently all KRPZ are doing is mining cash from others:))

[ppvn] 03/10/2023 11:46

It's an incredibly illiquid share and as Count has said - important to understand the seemingly endless delays and challenges that remain. No need to chase this one since they haven't put out anything that will change their fortunes overnight, but as a possible turnaround it could over the coming months/years be good imo.

But please don't get overexcited or chase as otherwise this will turn into another breathless p&d by some.

[manual dexterity] 03/10/2023 11:22

Unfortunately tried to pick up a few on that RNS but Market Makers shut down limits.
It does look like Kropz will move forward.

[ppvn] 02/10/2023 19:40

Hi Count, fully agree and yes- turnaround play here is what I'm getting at. Eyes wide open at what is very much a work in progress!

[the count of monte_cristo] 02/10/2023 13:14

Sure mate, could be a turnaround play but on past performance there could still be a few spanners in the works.

[ppvn] 02/10/2023 11:05

Hi Count, no worries. As with anything, timing is half of the battle. I personally thought the H1 results weren't as bad as they could have been - the turn to positive revenue could indeed happen during H2 - dry season in ZA coming up and they've had more time to amend the mine process plant.

For the record I'm not disagreeing with anything you've said - all are very true and what's happened is there for all to see. Maybe the history will look different in a years time?

[the count of monte_cristo] 02/10/2023 10:37

Why is it patronising?

Neither did I until started reserching. The management are very weak here.

Before you start saying I am patronising have a read back though the thread at the last guy who said something similar and where the price was then.

[ppvn] 02/10/2023 10:30

Hi there count - somewhat patronising!

I'm afraid I don't have any contacts in the South African bulk phosphate business but the revenue is presumably real and the feedback is pricing is improving.

Like I said if you don't believe the mine will ever get to nameplate capacity that's fine! But if they do (and yes know it is already several years over plan) then the share price will change for the better. Its not going to happen overnight I would assume but for a punt over a year or so could prove interesting.

[the count of monte_cristo] 01/10/2023 05:49

PPVN - I would look back at the companies history and contact a few local people in SA to investigate the sales further, do your dd.

[ppvn] 29/9/2023 11:57

Whilst it's easy to knock this share at the moment - volume of production and sales are undeniably low and for the moment unimpressive.

That being said, from 130k tonnes sold, $14.1mm of revenue recorded in H1. Volume at Elandsfontein is aimed for 1mm tpa (and scope to increase to 2mm tpa but won't go there for the moment) - so just shy of 100k tonnes per month. Phosphate trades at over $300 per tonne so they are currently getting about 1/3 of market value with around 1/10th of full state production.

If you believe this company will never be able to get production up the value makes sense. If you believe the engineers can get on top of things then it's a different story.