Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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We also have the EGM next week (13 May); given the China trip for EPC push ("in early May"), if something happens by then, it may be a good time to RNS it.
Very positive development in my opinion. IMO KP2 Board would only be opening KP2 shares for trading on additional exchanges if they were anticipating the additional need for, and the additional demand for high volume trading in KP2 shares.
IMO, if KP2 Board are anticipating high volume trading in KP2 shares, then they must be pretty confident of the EPC contract being signed and the full funding for the project being available in the near future.
Also good to see KP2 shares will be live on the new exchange before Andre (KP2 CEO) presents and the Junior INDABA for African Mining on the 22nd May. Andre will be discussing why he believes "KP2 is poised to become the best investment in the field".
Lots of positive developments coming through. Bodes well for a positive future for KP2.
All in my opinion. Do you your own research.
Will continue to hold, someday will get rewarded
Additional listing means more costs for the Co; either the Co loves its SAfr investors, or it's confident enough for its future, to be spending previous cash to increase its Market footprint; I think it's positive as it signals to the Market optimism for the future; and it might actually increase liquidity too!
Any Views?
In the current market you can lead a horse to water on numerous occasions but it still won't drink!
See also ZIOC while you're up the Congo!
It will be very interesting to see how both companies perform despite Mr Market's dismissiveness.
If he's right and investors are wrong then that's £trillions down the pan!
Not sure whether or not to add more shares. Share price reamins low
Sounds promising
Andre Baya, CEO, Kore Potash, will explain why his company is poised to become the best investment in the field at The Junior INDABA Africa Mining Convention.
"Potash - put your money where your mouth is"
"Economic crises and wars might affect consumption of critical minerals but no one gives up on food. The World needs Potash in its fertilizers to feed its growing population and Kore Potash is poised to become the best investment in the field."
Andre Baya, CEO, Kore Potash
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Wonder whats brewing?
sp falling
I wouldn't get hung up on the wording, despite the ugly split infinitive. Probably a compromise with the Chinese version. I think we can conclude that things are creeping forward.
Concerning.
I just hope all goes well
I'm saying, read between the lines. Why mention "material", or even the trip to China, unless signing is definite and probably before end of May? They could have just sat on the fence, merely repeating "signing expected in Q2". IMO
LT, What are u saying?
"to materially progress" is the juice, IMO; why mention about the trip at all, or this word, "material", if they did not expect a conclusion soon, or even a failure to conclude?
Any views?
Little Den has spoken again.
This - again hat-tip to MM - from the ZIOC board.
Possible cross-reference to KP2s Omani shareholder....(Oman is also in the frame for ZIOC).
Yesterday at the WEF meeting in Riyadh, Nguesso jnr all but name checked the front runners for GCC investment into Zanaga:
RIYADH: Member nations of the Gulf Cooperation Council can play a pivotal role in developing African economies, a special meeting of the World Economic Forum in Riyadh was told on Sunday.
Economic relations between Africa and the GCC are set to grow significantly in the coming years, economists have said, driven by mutual interests in economic diversification, investment and sustainable development.
Denis Christel Sassou Nguesso, the Republic of Congo’s international cooperation minister, said countries in central and western Africa had traditionally looked to Western powers, such as the US, France and the UK, for assistance with their development but were increasingly looking to forge links with GCC countries.
“IT’S A GOOD OPPORTUNITY AND POSITION TO START TO WORK ON THIS COOPERATION WITH (COUNTRIES SUCH AS) SAUDI ARABIA, UAE, QATAR, OMAN AND BAHRAIN. They can help (African) countries to develop their economies and infrastructure projects,” he said.
https://www.arabnews.pk/node/2500866/middle-east
Just guessing that they will NOT sign in China, but maybe they will organise - in China - when/how/who will sign in Congo, with the Minister of Mines present; so possible signing by May end? IMO
Interesting ! Imminent !
"The Company is meeting PowerChina senior officials in Beijing in early May 2024 to materially progress the finalisation of the EPC contract."
Thanks extrader (and MM). - I'll bet nothing will be signed without Denis being present to claim the credit !
Nice one XTrader, if miracles happen then next week we may get an RNS about the EPC signing, in the presence of the Minister and the Chinese :)
Hi 99icecream,
Hat-tip to MM on the ZIOC board for this, which might be topical for KP2...
Ministère de la Coopération Internationale - Congo @CooperationCG
Minister Denis @ChristelSassou Nguesso received, on April 25 in Brazzaville, the delegation of the Exim Bank China group currently on mission in Brazzaville. The two parties, during this meeting, discussed several current and future Sino-Congolese cooperation projects...
https://twitter.com/CooperationCG/status/1784221237482328434
ATB
IMHO both BHP and Anglo have spent so much on their respective projects that they must be completed so that they can get back some return on them.
With Polyhalite the amount of Potassium is very small (about 15%) that of KCl, and in any case its more of a competitor to SOP than MOP, (infact they market it as Poly Sulphate).
I suspect Anglo may come to regret their investment in Woodside, because it assumes that they can sell about Ten times the amount sold by ICL.
Thanks 99, that's why I said "fertiliser", and not Potash; but it might be connected indirectly if the project is shelved (less competition for potash) or if BHP succeeds in buying Anglo and over pays (so maybe less money for Jansen), or loses focus, affecting the completion of Jansen (6 times bigger than Kola's final output);
Either way, whatever might reduce competition for Kola's output would be a plus for KP2, that was my point (in 3-4 years, if things go well!).