Kore Potash Share Discussion Threads

[dave4545] 14/11/2018 12:41

lol letmepass ramps and everybody sells out

[easybrent] 14/11/2018 12:31

Needs cash before end of Q1?
KP2 had $11m in the bank by end of Q3. The company is estimating that Q4 cash burn will be $5.7m (in 30 Oct RNS).
Cash will decrease to app.$5m by the end of the year. With similare cash burn in Q1 next year the company will have no cash towards the end of that quarter.
The company is most likely looking to raise well before the cash balance is burnt down. Probably even before Christmas. Their CEO was in London recently road showing, probably a warm-up for a capital increase.

[andrbea] 14/11/2018 11:48

article from Sept 2018

[letmepass] 14/11/2018 10:37

11p + today

[babbler] 14/11/2018 10:32

Well duuuur

[husseinmulla] 14/11/2018 10:23

This is booming

[uk2day] 14/11/2018 09:30

It could well surpass its issue price and test all time high with the right rns but who knows where it will end,still very undervalued compared to its peers! Imo

[uk2day] 14/11/2018 09:26

How long is a piece of string?

[husseinmulla] 14/11/2018 09:24

Thanks guys, as you can tell I'm new to this, is it realistic for the shares to go to 11p by end of the week?

[dickie90] 14/11/2018 09:19

Just can't buy any...

[kirtonender9] 14/11/2018 09:13

FOMO hasn't kicked in fully yet.My target from consolidation was 10p+ but think that's just the start. There may b a sell on news when DFS is released but reckon there would be a spike 1st. So plenty in the tank.

[fromthesidelines] 14/11/2018 08:57

possibly 11p plus end of week . rush up to 22-25 next week prior to DFS the. onwards and upwards

[husseinmulla] 14/11/2018 08:55

Hope this builds, you guys seem more experienced then me - Where's this share going?

[neo26] 14/11/2018 08:55

Mike thats the best part.This is no pump and dump.

[113mike] 14/11/2018 08:45

Just quietlt watching the share price go up nicely and wishing I'd got more! GLA!

[fromthesidelines] 14/11/2018 08:43

it's so quiet on here

[neo26] 14/11/2018 08:17

Will we go past ipo price today?

[neo26] 14/11/2018 08:17

Its far too cheap considering its high grade and a world class resource.Plan to produce 2mt per annum,

[rakepat37] 14/11/2018 07:11

We will fly as the difference between sxx is they have 4billion shares in issue and we have 800 mill

[recordz] 13/11/2018 23:29

How does this differ from SXX at the time of their DFS.?
SXX dropped on the day of the DFS but then made a gradual rise from 13.5p to 50p which it hit on the 21st Aug 2016.
The equivalent here of the 50p would be £1.35.
SXX market cap is £1b at the moment or thereabouts.
Just wanted to know the differences between the two at the DFS stage ,was SXX better off,looking forward etc.
Cheers.

[neo26] 13/11/2018 22:09

Rather interesting they already have signed 40% offtake agreement with two entities.Alot of money has been spent to explore the mine.The stock is ridiculously cheap.Imho

[fromthesidelines] 13/11/2018 20:14

from April 2018 reportKore received a Letter of Support from BPIFrance Assurance Export ("BPIFrance") for French export credit insurance for the French component of the procurement for the Kola project construction which is estimated to be in the region of US$500-700m.

[fromthesidelines] 13/11/2018 20:08

https://youtu.be/krlo_Rhe15Y worth a watch if yo7ve not seen it before or new to this share

[neo26] 13/11/2018 18:53

Kp2 listed at 10.5p and went as high as 25p and then fell due to delay in dfs.Company finally has the dfs in hand are reviewing the document.The mine is world class..