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Kore Potash PLC - Kola and DX potash projects in Republic of Congo - Says Kola optimisation study on track for successful completion in first quarter 2022. Progresses with capital reduction opportunities.
"We are pleased at the quantum of potential capital cost saving initiatives being identified in the interim report, and that the process to finance Kola remains on track. We will review the interim information and proposed changes to the Kola design while the consortium continue the study. There are additional capital cost reduction opportunities for the consortium to consider over the next few months, and we look forward to delivery of the full study report in early 2022," Chief Executive Brad Sampson said.
Current stock price: ZAR0.22
Year-to-date change: up 22%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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