Kropz Share Discussion Threads

[papillon] 06/10/2021 13:16

👍 Many thanks for posting the links, TCofMC. I'd already read the 2nd one, but who would have known there was a newspaper called the Jamestown Sun? 😁. A very informative article.
I've only put a grand into KRPZ (2 x £500), but will add more. I suspect the share price won't really move higher until the start of 2022 seeing first revenue not expected until mid 2022.
Many thanks for starting this thread because until 2 days ago I'd never heard of KRPZ.

[the count of monte_cristo] 06/10/2021 12:28

With thanks to Tomboy from the KRS bb for the first link

[the count of monte_cristo] 06/10/2021 09:09

Nice one. I think we are buying the stock for penny's on the dollar right now, which is something that doesn't actually happen very often. My personal opinion is that within the next 6 months the share price will rerate 200 to 300%, giving a market cap between 135m to 180m GBP.

I have added the below presentation to the header, a very recent presentation.

Sept 24 2021 Presentation:

[papillon] 05/10/2021 16:29

Just had a small £500 top up. Got them below mid price at 4.975p.

[the count of monte_cristo] 05/10/2021 13:47

Just a matter of time with this one, as the SA project news flow comes in and they move ever forwards to production the stock will rerate. It was capped at 100m GBP years ago, now it is closer to production and the price of phosphate has significantly increased.

[the count of monte_cristo] 05/10/2021 08:04

Picked up some more at the open at 5.75p

[the count of monte_cristo] 05/10/2021 04:58

Thanks papillon. What is interesting is that a year after KPRZ listed (capped at 100m on listing I think) the phosphate prices hit their 15 year lows. Hence the lack of appetite for the stock, but now priced have doubled since then and the Elandsfontein is due to commence first production this quarter right in that sweet spot of rising prices.

Thanks for the details on the lack of posts on the LSE bb, I did take a look at this but didn't know there were so few. Right now we have a very illiquid, bombed out share, which is not on anyone's radars. Yet, the company has a mine ready to start producing and the worlds largest phosphate resource in Hinda. The majors are looking for these massive, long life, agri fertilizer projects.

[papillon] 05/10/2021 00:02

Many thanks for starting this thread, The Count of Monte_Cristo. There is a KRPZ bb on the lse web site, but only 14 posts have been made in total since KRPZ listed in November 2018.
KRPZ has a Mkt Cap of £47m and it's majority shareholder is African Rainbow Capital's ARC Fund. They have also lent KRPZ around £50m to develop the SA Elandsfontein phosphate mine.

[the count of monte_cristo] 04/10/2021 17:32

This stock is so unloved it didn't even have a message board:) Yet is has two world class assets, one of which is due to commence production this quarter and the other one is 'Hinda', is believed to be THE world’s largest undeveloped phosphate reserve!

Yet no bb, no posts, nobody buying the stock, no interest. If you want to find an undervalued stock in the right commodity and get in at the bottom, this is it, IMHO and DYOR etc.

[the count of monte_cristo] 04/10/2021 17:03

Jaforsadi - you have zero imagination.

[the count of monte_cristo] 04/10/2021 15:55

Remember Sirius Minerals, the once 1 billion GBP market capped potash company which was eventually taken over by AAL?!



News also due this quarter on the massive Hinda project. The majors are going to want to get a piece of this at some point.

Hinda

- The Updated FS is expected in early Q4 2021; and

- WSP Canada Inc. is updating the ESIA in line with the approved terms of reference to align with the updated plant and infrastructure design.

[the count of monte_cristo] 04/10/2021 15:47

Looking at the LSE trades, so far, most of todays buys are mine. A few purchases have moved the stock 11%, what will happen when the herd arrive?

[the count of monte_cristo] 04/10/2021 15:44

This stock is so, so cheap.



Property, plant, equipment and exploration assets of US$ 180 million as at 30 June 2021 (31 December 2020: US$ 159 million).

Elandsfontein

Kropz acquired the Elandsfontein property in August 2010 and has since invested some US$120 million on exploration, bulk sampling, feasibility studies and the subsequent construction of a mine, mineral processing facility and associated infrastructure.

hxxps://www.kropz.com/projects/hinda

Hinda, believed to be the world’s largest undeveloped phosphate reserve, has a substantial JORC-compliant Mineral Resource base totalling 675.8Mt at a grade of 10% P2O5, with 86% included in the Measured and Indicated categories. It is supported by a substantial body of mineral processing test work, conducted as part of, and subsequent to, historical feasibility studies.

[the count of monte_cristo] 04/10/2021 14:29

Some links, you can download the presentations and analyst reports from the first link.

[the count of monte_cristo] 04/10/2021 13:32

First post:)

[the count of monte_cristo] 04/10/2021 13:31

Company website:

- Elandsfontein: commissioning scheduled for Q4 2021
- Elandsfontein: South Africa’s second-largest phosphate deposit
- Hinda: Believed to be one of world’s largest undeveloped phosphate reserves
- Hinda: Feasibility study being updated by Hatch for a phased approach for 1mtpa, increasing to 2mtpa
- Elandsfontein and Hinda can potentially contribute 4 - 5% of internationally traded rock market
- Phosphate rock prices hit 10 year low in April 2020
- $207 USD spent to date (150m GBP).....market cap is currently 43m GBP

Phosphate Price:





Sept 24 2021 Presentation:

Analyst Note - 2019/02/05:


Company Presentations:

!YOUTUBEVIDEO:QAprKQAr9us:

!YOUTUBEVIDEO:QnjxKuRsA2o: