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Share Price Information for Kore Potash PLC (KP2)
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Intraday Kore Potash PLC Share Chart
IN BRIEF: Kore Potash says Kola EPC proposal needs further discussion
Kore Potash PLC - owner of the Kola and DX potash projects in Republic of Congo - Receives Engineering, Procurement & Construction contract proposal in relation to Kola project from the Summit Consortium's engineering partner, Sepco Electric Power Construction Corp. Notes a "number of proposed contractual terms" which require further discussion before the proposal is accepted.
"These discussions have already commenced and Kore and Sepco are making every effort to expedite this process. It may transpire that Sepco will require further Sepco and Power China Board approvals prior to the finalisation of the contractual terms," it explains.
Kore says the consortium remains committed to financing the project, and is waiting for the finalised EPC contract before presenting a royalty and debt financing proposal.
Current stock price: ZAR0.21
12-month change: up 5.0%
By Elizabeth Winter; elizabethwinter@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Latest KP2 News
- AIM WINNERS & LOSERS: Aptamer wins contract; Image Scan swings to loss
4 Nov 2025 - Two industry suitors express interest in acquiring Kore Potash
4 Nov 2025 - LONDON MARKET OPEN: Stocks down as Reeves sets stage for tax hikes
4 Nov 2025 - Kore Potash narrows first-half loss
12 Sep 2025 - Kore Potash seeks to close key project funding as interim loss shrinks
12 Sep 2025 - IN BRIEF: Kore Potash focused on wrapping up Kola financing
31 Jul 2025 - Record subsidiary agrees funding for Kore Potash's Kola Project
11 Jun 2025 - Kore Potash signs USD2.2 billion financing with Swiss-based OWI-RAMS
10 Jun 2025
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