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Spread: 0.20 (7.143%)
Market Cap: £150.10m
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Definitive Feasibility Study ("DFS") Received

1 Nov 2018 07:00

RNS Number : 9581F
Kore Potash PLC
01 November 2018
 

1 November 2018

 

Kore Potash Plc

("Kore Potash" or the "Company")

Definitive Feasibility Study ("DFS") Received

Kore Potash, the potash exploration and development company whose flagship asset is the Company's 97%-owned Sintoukola Potash Project ("Kola" or the "Project"), located within the Republic of Congo, today released the following announcement on the Australian Securities Exchange ("ASX"), as required under the listing rules of the ASX Kore Potash plc, the potash development company whose flagship asset is the 97%-owned Sintoukola Potash Project ("Project") in the Republic of Congo, provides an update on the Definitive Feasibility Study for the Kola Project.

Further to the Company's announcement on 30 October 2018, the Company confirms that on Wednesday 31 October 2018, the French Consortium of Engineering Companies (Technip France, Vinci Construction Grand Projets, Egis International and Louis Dreyfus Armateurs) delivered the final volume of the DFS documentation and the Company therefore has a complete set of DFS documents for its review. The Company has commenced its review of this study and will update shareholders further when this is complete and the DFS is finalised.

 

ENDS

For further information, please visit www.korepotash.com or contact:

 

Kore Potash

Brad Sampson - CEO

 

Tel: +27 11 469 9140

Tavistock Communications

Jos Simson

Edward Lee

 

Tel: +44 (0) 20 7920 3150

Canaccord Genuity - Nomad and Broker

Martin Davison

James Asensio

 

Tel: +44 (0) 20 7523 4600

 

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