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Share Price Information for Kore Potash PLC (KP2)
Last checked at -
Last checked at 
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
- Kore Potash chairman to invest $0.5m
2 Apr 2025 - IN BRIEF: Kore Potash Chair David Hathorn to subscribe for new shares
2 Apr 2025 - IN BRIEF: Kore Potash delays Kola financing term sheet to this month
1 Apr 2025 - CORRECT (Mar 31): Kore Potash to raise more capital in 2025
1 Apr 2025 - CORRECT: Kore Potash to raise more capital in fourth quarter of 2025
31 Mar 2025 - Kore Potash to raise more capital in fourth quarter of 2025
31 Mar 2025 - IN BRIEF: Kore Potash extends closing date of CDI offer to May 31
25 Mar 2025 - Kore Potash raises USD10.1 million to fund Kola project development
21 Mar 2025
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