Share Name Share Symbol Market Type Share ISIN Share Description
Kore Potash LSE:KP2 London Ordinary Share GB00BYP2QJ94 ORD USD0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.70p -8.00% 8.05p 7.90p 8.20p 8.70p 7.55p 8.60p 6,114,481 16:00:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.1 -0.4 - 69.17

Kore Potash Share Discussion Threads

Showing 501 to 525 of 525 messages
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DateSubjectAuthorDiscuss
15/11/2018
21:45
extracted from proactive article"We're a junior company with two massive investors behind us - they have the financial clout to finance the project individually if they chose," says Bennett."SQM are huge fans of this project and they looked at approximatelytwenty to thirty potash projects around the world and they chose us. It's a major reason why we believe we'll get the capex done. We've started our financing discussions already and are really excited that a global powerhouse like Rothschilds are working with us on raising the debt."
fromthesidelines
15/11/2018
21:38
from July 2017 but worth a read for anyone newhttps://www.proactiveinvestors.co.uk/companies/news/181274/kore-potash-has-a-big-project-big-plans-and-even-bigger-backers-181274.html
fromthesidelines
15/11/2018
21:32
initial funding could come from debt with money raised later via placing she. share pr8ce is at a higher level
fromthesidelines
15/11/2018
21:31
from April 2018Fans 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.Later this year Kore will have to raise a very large amount of money. Current estimates suggest its Kola project in the Republic of Congo will cost $1.8bn to build.Chief executive Sean Bennett believes one third of the money will have to be raised from investors, adding up to $600m (£427m). That's more than four and a half times its current market cap (£90.2m). The remaining $1.2bn will come from debt finance.'Our big investors know we have to raise a lot of money once our definitive feasibility study is out at the end of the second quarter or in the third quarter this year,' explains Bennett. 'They wouldn't have backed us if they weren't willing to help with the costs of the mine build.
fromthesidelines
15/11/2018
21:29
I dont think funding will be an issue either but its just about timing. Pump seems a bit too severe pre DFS. Ok i will leave you to it and have a look back to see if placing is around IPO price which would still be a very good gain for those pumping from the low. Good luck
aidenabettin
15/11/2018
21:09
company list on mkt to raise money, they dont just come on for the fun of it, they have proven resource, now they need to create the mine. Like i said sxx went close to £0.5bn mkt cap after the dfs, they had no money for mine, they raised this afterwards. Once dfs confirms the cost this will fly. 60m mkt cap for this asset is just too cheap. French company is willing to lend them c.$700m, i dont believe funding will be issue.
neo26
15/11/2018
20:46
3/4 of $2B is $1.5B so they need to raise $500M from the market. Kore said $600M to $700M so the 3/4 may be a bit closer to 2/3 = $1.3B
aidenabettin
15/11/2018
20:34
No probs. We know the potash is there so you get an offtake. They still have to get it out and export it. Why list on AIM? and two other markets? It has to be paid for and small shareholders will help to pay for it as they always do on AIM with many then being locked in for years waiting for the share price to get back to the highs. Sirius has never returned. Will DFS really propel this to 40p? I doubt it although it may well spike before crashing back down. Thats how AIM works. Its pumped up to get a placing away at +20%-30% discount at the high and down it goes with many locked in. Its why companies come to AIM. Its just so easy to raise money and totally unregulated
aidenabettin
15/11/2018
19:49
40% offtake agreement already signed, this mine is worth decent money, certainly more than 60m.
neo26
15/11/2018
19:36
No KP2 do not need substantial funding short term. They need to raise capital to build the mine. 3/4 of which has been secured. 40% Cornerstone investors will not be diluted.
john henry
15/11/2018
19:33
Jorc and DFS will be RNSs Market will set price. Imho KP2 will raise a little equity around 40-50p
john henry
15/11/2018
17:49
LolSxx went near 500m mkt cap before they raised 500m.Sxx need further $2.4bn yet the mkt cap is still near 1bn.You are totally ignoring kp2 asset, just on the feasibility the mine is worth hundred of millions.
neo26
15/11/2018
16:50
Im not in disagreement with you and im not trying to fault KORE but you need substantial funding in the short term and thats why they listed on AIM. Small pi's need to be careful not to get sucked in on the hype and watch for the placing rns. I will be a holder of Kore eventually when funding is sorted and progress made
aidenabettin
15/11/2018
16:50
Not a bad day considering the state of the market today! Most of my portfolio was bearish! Another day closer to DFS! GLA
mickluv1
15/11/2018
16:46
Not getting greedy, when company have over 500MT of potash which has high grade and they intend to produce over 2MT per annum and cost including transport to brazil is less than $100 per ton. Low end potash prices are $250 per ton..Mkt cap is only 60m at present for this world class resource is cheap.Still not back to ipo price.
neo26
15/11/2018
16:35
Proper website? Just keep watching!!!!!!
aidenabettin
15/11/2018
16:35
BLOC is not the company its BLCC.Both are suspended pending deals..We worked with Elemental in the early days and know the whole region for potash,Phosphate and natural gas.All the ingredients to make fertiliser. You export your potash and we will make fertiliser.Its a win win
aidenabettin
15/11/2018
16:32
But you are for the export market and we are for Africa. Dont get too greedy. We are all working together
aidenabettin
15/11/2018
15:34
tell them to have proper website and dont compare them kp2 are way ahead. htTp://www.blockcommodities.com/home htTps://www.africanagronomix.com/co-reports Large potash firms are large holders in kp2 and they already signed 40% offtake agreement for potash. You invest in BLOC which has nothing at the moment, way behind.
neo26
15/11/2018
15:26
maybe you can tell us the reserves and how much of a high grade is? dont think it comes near kp2..
neo26
15/11/2018
15:14
Why do you come up when the price is increasing?
neo26
15/11/2018
14:50
African potash (BLCC) and its JV partner AAX .https://www.africanagronomix.com/.https://www.africanagronomix.com/potassium-1
aidenabettin
15/11/2018
13:15
Looking at company past interviews and presentations, the plan is to produce near 2mt of potash. With bottom end prices of $250 per tonne and expectes cost of less than $100 per tonne inc transport it seems to be attractive returns.The minr is very close to port noire in republic of congo.Sxx after the dfs moved close to 500m mkt cap this was even without any funding in place.All im saying take advantage of the decline this will shoot back up.Not even close to ipo price yet..
neo26
15/11/2018
12:30
Which company are you talkin about?
neo26
15/11/2018
12:22
Also world class potash deposit on east coast ie Circum
aidenabettin
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