Kropz Share Discussion Threads

[greenelf] 20/6/2023 10:06

Good luck for your punt, extrader, let's hope it works out as envisaged! It does indeed seem the tide is turning in the Congo..

[ppvn] 20/6/2023 09:54

Well potentially good news but until Kropz say anything about it - well it's jam tomorrow.

Separately ARC recently (9th June) put out their investor update which had some commentary on their investment here. Nothing really new however it appears that the Hinda project may be under the magnifying glass. Would be nice to hear an update from KRPZ themselves on it when it's available.

[extrader] 20/6/2023 09:51

Hi greenelf,

Yes. First solid building block.

Also, maybe, a sign of shared Gulf interest in committing to the area...and an opportunity for 80 year old Nguesso to rehabilitate himself.

Can't do DSN junior's prospects any harm, either.

Anyway, suffice to say that I've taken punt-sized positions in KP2 (Omani/Chilean connection) and in KRPZ (S.African link) on the 'momentum investment' principle that a rising tide lifts all boats...

GLA

[greenelf] 20/6/2023 09:33

Great news for Hinda projectThe proposed Hinda mine will use Pointe Noire port for export so this is excellent news..https://www.thenationalnews.com/business/economy/2023/06/20/ad-ports-signs-30-year-agreement-to-manage-and-operate-congo-terminal/"AD Ports Group, the operator of industrial cities and free zones, has signed a 30-year concession agreement with the government of the Republic of Congo to manage and operate a multipurpose New East Mole Terminal in the city of Pointe-Noire."

[greenelf] 19/6/2023 09:09

Not many shopping days left until the update..11!

[greenelf] 16/6/2023 12:50

Some buy trades positioning for the hugely important results and update just 2 weeks from now. Expecting announcement of profitability and reliability of mining production at Elandsfontein mine.

[greenelf] 06/6/2023 11:42

I have seen some forecasts for the longer term price, slight decline next year but still high. The estimates are invariably way off the mark anyway. Your guess is as good as mine when wanting to build a new mine with 3 years on in mind..

[greenelf] 06/6/2023 11:29

I am certainly hoping for a tasty Hinda update end of month!

[extrader] 06/6/2023 11:14

Well, it's certainly a great time to be selling whatever Elandsfontein is producing !

Thanks for the historic price info. How much of the current high price is 'event-driven' ie Ukraine and how much reflective of long term supply/demand issues?

Which would be an issue for the Hinda project...'strike while the iron (boom! boom!) is hot.

TIA. You can see it's not a sector I know much about.

[greenelf] 06/6/2023 10:18

The May 2023 rock phosphate price still sitting at all time high of $345 per tonne. Check the price chart going back to 1960. If there ever was a time to mine rock phosphate, it is now! https://divercitytimes.com/commodity/phosphaterock.php

[greenelf] 05/6/2023 15:08

Looks like somebody is still sniffing to buy more here. Unusually, currently can sell up to 150000 in dummy trade. Bargain at this price I reckon, could be worth helluva lot more when the probable genie is let out of bottle end of month. DYOR!

[greenelf] 02/6/2023 07:57

True, they have a lot to prove. Last chance saloon :-)

[the count of monte_cristo] 02/6/2023 02:38

You had better be correct or the share price is going to tank....

[greenelf] 01/6/2023 12:36

The eagle eyed watchers (ha ha) will have noticed there was no bridge loan drawdown in May. The drawdowns have previously been like clock at end of each month (around the 25th). Seems to me cash from sales is rolling in.. let's see if April was indeed the last drawdown!

[greenelf] 25/5/2023 08:11

Mcap currently £36m...Monthly production could currently be running at 50 000tpm or more (April was 43ktpa). Rock phosphate price around $340 pt, production cost probably in range $86 to 120$ pt?? (About $86pt was previously published production cost, could be higher now?)So free cash flow could now be around £7 - 8m per month (pre tax)(assuming 50ktpm and $200 margin and no quality issues). Compare this to mcap. Acknowledge that there is debt pile to pay off. Should have better handle on this with 2022 results.And we should get an update on this end of June with annual (2022) results and AGM.Plus  possible Hinda financing news  and go ahead?.Plus  possible Hinda financing news  and go ahead?.

[greenelf] 24/5/2023 13:27

https://www.globenewswire.com/en/news-release/2023/05/02/2658716/0/en/Lithium-Iron-Phosphate-Batteries-Market-Size-to-Reach-24-6-Billion-at-a-13-7-CAGR-by-2027-Report-by-MarketsandMarkets.htmlLithium Iron Phosphate Batteries Market Size to Reach $24.6 Billion, at a 13.7% CAGR by 2027 – Report by MarketsandMarkets™May 01, 2023

[greenelf] 24/5/2023 13:24

https://www.independent.co.uk/tech/electric-car-battery-life-range-record-b2344689.html24/05/2023"Electric car range set to double with first production of breakthrough batteryMass production of next-generation battery backed by Volkswagen expected to begin next year.""The lithium-manganese-iron-PHOSPHATE (LMFP) battery has already passed all necessary safety tests, the company said, and has a life cycle of 4,000 charge-discharge cycles – making it suitable for everyday electric cars."

[greenelf] 23/5/2023 13:33

Thanks for that, interesting. At least it confirms Elandsfontein is using the correct higher yield flotation process.

[ppvn] 23/5/2023 13:07

I thought this article was quite interesting - it touches on some of the difficulties Kropz have experienced and some of the changes they have implemented to increase the grade of their final phosphate product. Not massively relevant just background if anyone has an interest. Published 10 days ago from the looks of it.

[greenelf] 22/5/2023 21:49

Final results for year 2022 and AGM should happen end of June as in previous years. This together with project updates should reveal a great deal (and the crucial last quarter production figures). The Hinda update could be especially interesting..

[greenelf] 22/5/2023 21:44

It is entirely possible the ramped up production is now heading straight out for export via Saldanha port as planned.

[greenelf] 22/5/2023 15:14

Let me distill your thinking for you.You believe that because the problematic history of Elandsfontein development, it will NEVER be resolved and is doomed. You deny the recent progress in output and sales by saying, in effect, the company is telling lies in official RNS's (because of some local plaasjapie you contacted who knows nothing about any sales). The problem is yours for due diligence, not mine. Provide proper evidence of misconduct and at the very least contact Kropz yourself so that they can clear the matter up for you or indeed sue you.Nobody is being silenced as you melodramaticly believe. I am just challenging some of the non factual nonsense being put out by You. Yes, I see this potentially turning around and it could be POSITIVE. I have provided plenty of caveats and caution to this. Also, despite having some superficial similarity to Pur, this is not Pur and indeed may have a successful outcome. It seems your historic inertia blinds you to other outcomes or you are just a deramper. Take your pick :-)

[the count of monte_cristo] 22/5/2023 14:45

The fact you "a) can't be bothered to contact local suppliers in SA" speaks volumes, do a bit of due diligence on the company you are ramping.....nope, can't be bothered:))

Yes, let's indeed wait for the next rns and see if they are going to;

a) hit targets they have set
b) show details of the volumes they are selling locally and to who
c) detail the margins and the current cash burn

It's really bad when a mining company has to downgrade their resources because they messed up, didn't PUR also have to do that? Have a read of the below articles. If you believe they have solved everything then that's your opinion, these boards are about people having opinions and not being threatened by posters for asking questions. Or would you prefer to silence people because they have an opposing view to yours? Yawn.

"However, the company had to downgrade much of the previously measured resource to indicated status and also downgrade previously indicated resources to inferred status".