Kore Potash Share Discussion Threads

[apfindley] 14/12/2020 08:17

Disappointing rns.Sounds like a souring of relationships and frustration with the slow progress of the company.This is how licences get revoked, or impossible hurdles end up being put in the path.

[bigjames2] 10/11/2020 09:12

Kore is putting out some great info at the moment. Coupled with this statement from "the Mining Journal,Belaruskali disruption highlights need for diversification, says developer
The need for greater supply diversification in the US$16 billion global fertiliser mineral market has never been more acute, according to the CEO of Canada-based developer Brazil Potash, Matt Simpson."

This has to make core a player. They seem to be moving forward at a rapid pace

[akmal101] 19/10/2020 08:27

Buy when no one else is buying , sell when everyone wants to buy

[bigjames2] 11/10/2020 08:22

Trad3m3, this so far removed from Kore Potash. Is there a relevance or a comparison?

[trad3m3] 09/10/2020 17:55

This could be interesting to some of you interested in mining sector, otherwise please ignore it.https://s21.q4cdn.com/491660439/files/doc_presentations/2020/09/17/NCP-Presentation-09.14.20_compressed_2.pdf

[bigjames2] 27/8/2020 10:06

This project is moving ahead at a greater pace than some know. It definitely is worth the investment

[trad3m3] 26/8/2020 22:43

Bleeding money on here too, but I'm here for the long run!

[fromthesidelines] 26/8/2020 08:17

worth a read page 30 covers dilution to fund dfs. https://youtu.be/haQDXidmTa8also worth a watch

[greenelf] 26/8/2020 07:45

That's the aim game, dodge the bullets of placings! But seriously, this is project is slowly getting there. Not a bad time to invest now after (!) the placing.

[barnetpeter] 25/8/2020 17:31

Another huge placing and dilution of 7 million plus ...and it will only last a year. Now at the bargain price of just 65. They seem to be doing placings every couple of months. I fell for this and put some more money in at 80 and 110. Just seem to raise money and do “studies”;...that’s it.

[trad3m3] 30/7/2020 09:56

Planning for the DFS is expected to be finalised to enable commencement of the work programme in the Quarter ahead.Nice!!

[trad3m3] 30/7/2020 09:55

From RNS, They know where the price of potash is heading... I guess all miners do.Real ungeared post tax IRR of approximately 22.9% and NPV10 (real) of approximately US$319 million on an attributable basis at life-of-mine average MoP price for granular product of US$422/t MoP (Argus Media's price forecast for DX Project's target markets)

[greenelf] 29/7/2020 09:15

This is actually a decent investment at this low level. Route to market is simple, unlike ZIOC.

[trad3m3] 27/7/2020 11:05

Uff!! and now this on top of already massive tragedy!! 1.5bn ppl to feed and food needs to come from somewhere... let this sink in when orders from China start rolling!!https://news.cgtn.com/news/2020-07-22/Battle-against-locust-invasion-underway-in-SW-China-SkE0xK7eak/index.html

[trad3m3] 24/7/2020 08:54

Prices were essentially driven up by an imbalance between supply and rapidly expanding demand, especially in Asia, Gregory explains. Fertilizer demand reached a level that supply could not match. Demand was particularly strong in China and India. Another factor was increased demand for fertilizers to produce biofuels in the United States, Brazil, and Europe. Increased livestock production created still more demand for grain and thus for fertilizers. Grain reserves became historically low and prices rose sharply.Further worsening the situation were China's imposition of high tariffs on fertilizer exports and the devaluation of the U.S. dollar in 2007 and 2008. Energy prices peaked, causing an increase in the price of natural gas--essential for nitrogen fertilizer production. Phosphate prices were also driven up by a huge increase in demand and prices for sulfur, vital for production of the popular DAP and other high-analysis phosphate fertilizers. The supply of quality phosphate rock also became tight.https://www.eurekalert.org/pub_releases/2008-12/i-wfp121608.phpNow look what is happening in China now! https://www.bloomberg.com/news/articles/2020-07-13/china-braces-for-more-severe-flooding-as-heavy-rains-move-north

[trad3m3] 21/7/2020 10:09

Will we repeat 2008... https://www.indexmundi.com/commodities/?commodity=potassium-chloride&months=240Or will we break the high from that year due to massive crop losses under reported...

[trad3m3] 20/7/2020 11:17

Elevated food prices are just one of many new challenges China needs to face in the wake of the coronavirus outbreak.Food prices rose 11.1% in June from a year ago, according to the National Bureau of Statistics. Weekly data from the Ministry of Commerce showed prices of agricultural food products rose 1.2% in the week ended July 5 from a week ago. Prices rose another 0.8% in the week through Sunday, according to Commerce Ministry data released Tuesday.The price increase is actually pretty real and it's mainly driven by the decrease from the supply side and increase of the demand side," she said in a phone interview on Monday. "Actually, this trend is most likely to continue as we see a lot of other natural disasters such as the flood in the south of China, which is having a lot of impact to the raw material. This is going to reflect (in) the market very soon. https://www.cnbc.com/2020/07/15/floods-coronavirus-create-more-uncertainty-for-china-as-food-prices-climb.html?&qsearchterm=floods%20china

[trad3m3] 19/7/2020 20:27

With indicated and measured Potash resources of 508 million tonnes at grades of up to 35.4% at the Kola Sylvenite deposit and 1.1 billion tonnes of measured and indicated potash resources at grades of 20.6% at the Dougou deposit, Kore Potash plc is sitting on a goldmine of potash (figuratively speaking of course). The Kola Sylvenite deposit is one of the highest grade potassium deposits in the world and once production starts, the company will be producing roughly two million tonnes of potash per annum.

[trad3m3] 19/7/2020 19:28

https://feeco.com/7-granulated-potash/Nice read

[trad3m3] 19/7/2020 15:53

Two of the top brass at Kore Potash PLC (LON:K2P) have poured in their own money as part a £10.5mln (US$13.1mln) fundraising round.New and existing investors subscribed for a total of 646.9mln shares at a price of 1.6p per share.Among the participants was Kore's chairman, David Hathorn, who spent £315,000 buying 19.2mln shares, and chief executive Brad Sampson, who subscribed for 2.5mln shares, costing him just shy of £40,000.In a separate announcement, Kore confirmed CEO Sampson has been issued with 26.9mln share options, which can be exercised at a price of 2.2p.https://www.proactiveinvestors.co.uk/companies/news/224210/kore-potash-bosses-dip-into-their-own-pockets-as-part-of-us13mln-financing-224210.html

[trad3m3] 17/7/2020 17:34

https://ycharts.com/indicators/potassium_chloride_muriate_of_potash_spot_priceWe are at 202.50 USD/mtAbsolute bargain!

[trad3m3] 17/7/2020 16:38

The year started with MOP selling for US$215 per metric ton, and its price remained unchanged until mid-February, when it began a steady upward movement. By March, MOP was valued at US$245, and in April the price hit US$265.50, where it has remained.This growth in MOP prices has created optimism about pricing in 2020, when demand for fertilizers is expected to increase globally...

[trad3m3] 17/7/2020 13:34

Kore Potash has two large strategic shareholders:o SQM (c.19%): a large Chilean public company listed on NYSE (USA) that is an integrated producer and distributor of specialty plant nutrients, including having an established business in the global potash market; ando SGRF (c.19%): the sovereign wealth fund of Oman, which holds a range of natural resource investments, including on the African continent.These two groups initially invested a total of c.US$40 million into Kore Potash in late 2016. They have subsequently invested further in the Company to continue developing its pipeline of projects, including the DX. They collectively bring a considerable and highly relevant combination of substantial financial capacity, specific potash experience, Latin American, Middle Eastern and African operating experience, and financing expertise.

[fromthesidelines] 17/7/2020 12:35

https://youtu.be/haQDXidmTa8

[trad3m3] 17/7/2020 12:22

Nice piece of Info!https://www.businesswire.com/news/home/20190107006123/en/Global-Potash-Market-2019-2023-Increasing-Demand-Potassium