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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 continues flagship project talks as interim loss widens
13 Sep 2024 - IN BRIEF: Kore Potash shareholders approve share issue to raise funds
23 Aug 2024 - UK shareholder meetings calendar - next 7 days
16 Aug 2024 - IN BRIEF: Kore Potash says key Congo contract getting legal checks
31 Jul 2024 - IN BRIEF: Kore Potash to raise USD1.3 million after share subscription
1 Jul 2024 - IN BRIEF: Amit Kamlesh Kumar Mehta joins Kore Potash board
27 Jun 2024 - IN BRIEF: Kore Potash shares plummet as Kola project talks delayed
24 Jun 2024 - UK shareholder meetings calendar - next 7 days
30 May 2024
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