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IN BRIEF: Kropz sells phosphate concentrate to Kropz Elandsfontein

Wed, 24th Jan 2024 12:31

Kropz PLC - South Africa-focused phosphate producer and developer - Notes sale of 67,873 tonnes of phosphate concentrate from Kropz Elandsfontein (Pty) Ltd during the fourth quarter of 2023. This brings sales to 262,703 tonnes for the 12 months ended December 31. Kropz says it "remains committed to growing its sales pipeline" and has scheduled sales to take place in the first quarter of 2024.

Current stock price: 1.83 pence, up 22% in London on Wednesday

12-month change: down 53%

By Sophie Rose, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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7 Dec 2022 14:28

Kropz COO resigns from January; subsidiary general manager taking over

(Alliance News) - Kropz PLC on Wednesday said Chief Operating Officer Michelle Lawrence resigned from her position, effective from January 1, with the general manager of a Kropz subsidiary set to take over.

1 Dec 2022 21:42

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21 Nov 2022 17:03

IN BRIEF: Kropz receives approval for ZAR550 million equity facility

Kropz PLC - African phosphate developer - Receieves approval from South African Reserve Bank for new conditional convertible equity facility of up to ZAR550 million with ARC Fund. ARC Fund is the company's major shareholder. Says the facility will help ramp-up of operations at the company's Elandsfontein phosphate project in South Africa, as well as working capital for "general corporate purposes" and further funding for the Hinda project in the Republic of the Congo.

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TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract

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28 Oct 2022 21:18

TRADING UPDATES: SulNOx, Marwyn loss widens; Kropz gets new facility

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24 Oct 2022 21:18

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7 Oct 2022 21:48

TRADING UPDATES: IQE, IQGeo win deals; MPOF assets fall on Covid-19

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30 Sep 2022 21:11

EARNINGS SUMMARY: Provexis, Thruvision loss narrows; Unigel revenue up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

29 Sep 2022 17:16

IN BRIEF: Kropz draws down more cash as delays continue

Kropz PLC - African phosphate developer - Makes third and final drawdown on its ZAR121.5 million, roughly GBP6.1 million, facility with major shareholder ARC Fund. Says drawdown was for ZAR14.5 million and will be used to meet immediate cash requirements, due to delays in the ramp up of operations at Kropz Elandsfontein (Pty) Ltd.

1 Sep 2022 21:55

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Kropz Plc Share News (KRPZ)

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IN BRIEF: Kropz sells phosphate concentrate to Kropz Elandsfontein

TRADING UPDATES: Fiinu teams with TransUnion; GRC wins pact

Kropz COO resigns from January; subsidiary general manager taking over

TRADING UPDATES: Renalytix hails trial results; Kingswood buys JFP

IN BRIEF: Kropz receives approval for ZAR550 million equity facility

TRADING UPDATES: Rogue Baron names chair; Mobile Streams wins contract

TRADING UPDATES: SulNOx, Marwyn loss widens; Kropz gets new facility

TRADING UPDATES: Silverwood finishes acquisition; Hardide names chair

TRADING UPDATES: IQE, IQGeo win deals; MPOF assets fall on Covid-19

EARNINGS SUMMARY: Provexis, Thruvision loss narrows; Unigel revenue up

IN BRIEF: Kropz draws down more cash as delays continue

TRADING UPDATES: Kropz gets more cash; Audioboom releases new podcasts

Kropz shares sink on further delay at Elandsfontein project

AIM WINNERS & LOSERS: Kropz and Nexus Infrastructure hit by delays

Kropz CEO Summers to step down after seven years in role

IN BRIEF: Kropz draws down ZAR60 million from equity facility

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IN BRIEF: Kropz sells phosphate concentrate to Kropz Elandsfontein

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