Kore Potash Share Discussion Threads

[nickthe saint] 09/3/2022 22:11

buggy,

I have taken a decent slug of these - have held for almost 2 years for most of them, but I just think it will take years before the potash is being mined, though of course that doesnt mean the share price can run ahead of the time of production.

I do think that Potash supplies coming from Belarus will never get back to the levels they have previously, so that should be a positive for the price over the next few years.

I'd like to see Brad with much more skin in the game though.

All told this is a safe tuck away and hold type stock for me.

[buggy] 08/3/2022 10:52

Nick, not sure how they came to their valuation but if this goes into production still retaining 90% of the project as they plan. In that scenario I can see 50p easy, but still a while to go to that point.

I suppose it is a case of taking a good position and they waiting for the value to be realised. A few key drivers to move the share in the short term, completion of the DFS optimisation report , due this month, and financial proposal for the plant construction ( due at most 2 months from completion of the DFS optimisation report, [hence latest in May 2022]).

After this War, there would probably come years of going back to the cold-war days, hence relationship with Russia will be frosty for quite a while. This means that a lot of countries that currently meet their potash needs from imports from Russia and his allies will be looking for new source of supply.

[bigjames2] 08/3/2022 07:27

Ukraine war 'catastrophic for global food

Russian sanctions and the impact on potash supply and a further case for the Kore Potash Plc’s KolaProject, arguably one of the world’s most preeminent and strategic potash resources and, once in production, a substantive contributor towards enabling global Food Security.

There are some very interesting articles on this subject. We will see how this develops

[nickthe saint] 07/3/2022 19:40

when it moves it does tend to be very lumpy - up or down.

can see it multi bag but not sure i see 50p anytime soon.

[richie32] 07/3/2022 12:19

Everything is in place for a far greater rise as far as I can see.

[buggy] 07/3/2022 12:15

Optimisation report due this month, so not far off. Financing proposal that allows Kore to retain 90% of the project without any equity dilution due soon afterwards.

People seems to be now taking position for the expected multi-bag.
'Simply Wall Street' believes the share is worth 50p and you can buy it now at almost 1p???
Does indeed have a "too good to be true" feel to it.

[t0rus] 25/1/2022 10:18

click watch on the web and then join anonymously

[livewireplus] 19/1/2022 17:03

Indeed ... not to be seen anywhere ... perhaps it is written in Invisible (L)ink :-)

[buggy] 19/1/2022 08:37

Anyone with any idea how to attend this Webinar. There does not seem to be any link or details how to register.

[the count of monte_cristo] 04/1/2022 15:49

If you like the fertilizer story take sometime to research KRPZ. Sitting on 100% of the worlds largest deposit of phosphate as well as starting up their South African phosphate mine. Phosphate prices were one of the best performing commodities of 2021. The stock is unloved and forgotten about on AIM.

[richie32] 04/1/2022 13:20

mdchand well spotted, thanks.

Even though Align have an interest, their logic is good.

Always big risk in this kind of enterprise but the reward is astro imho

[livewireplus] 04/1/2022 13:12

Thanks for link .... given the possible mkt cap mentioned in report then that makes it about 45x present mkt cap....

[richie32] 31/12/2021 10:27

Bought some today. I think things are looking good for this coming year

[t0rus] 02/12/2021 10:44

"This is not the end of fertiliser trade restrictions that will affect Europe. Up to now, EU trade sanctions on the Lukashenko regime in Belarus have not included the higher grades of potash from the mines owned by Belaruskali, the state monopoly. On December 8, though, delayed US sanctions on Belarus kick in, which are intended to cut off nearly all its potash exports — about a fifth of the world supply."

[nickthe saint] 28/10/2021 19:53

thanks T0rus

[t0rus] 28/10/2021 18:46

Hi Nick, they uploaded the Webinar recording. See link below.

[nickthe saint] 25/10/2021 20:22

Quietly confident on this one tbh.

Bit of a roller coast when there is price action but not much free float and flies up agressively when there is some decent news.

Could anyone get the webinar to work? I can only see the slide show on the company website?

cheers

NTS

[livewireplus] 25/10/2021 06:18

Review of Operations for Q3 issued this morning.

[nickthe saint] 20/10/2021 12:01

Salt Lake Potash have brought the Administrators in.

Can only think that is good for the price of potash and an advantage to Kore being already one of the lowest cost miners once they get going.

[t0rus] 15/10/2021 20:00

Lets see what they have to say about it in the Webinar. Link below for anyone interested.

[brut winky] 07/10/2021 21:58

Looks like the Interim report is late, maybe covid will be blamed as usual, fancy picking a few of these up, all being well they will drift back to 0.75 and then load up for next year. Could be a good performer once the study is in as well and by then i suppose a shortage of Potash may be touted, seen as shortages seem to be the name of the game at the moment.

[pugugly] 05/10/2021 10:58

945 Possible Red Flag - (imo) Align.. Always take any brokers note with a pinch of salt - If they analist was that good he would be resident on his/her/its yacht in a tax haven.

[t0rus] 01/10/2021 13:45

From August 24th RNS "The Optimisation Agreement requires the Summit Consortium to provide an interim report by the end of September 2021 and complete the Optimisation Study by 29 January 2022."

Are we due an update regarding the interim report? Maybe something next week?