KP2 kore potash plc

0.00%

4.4¢

Another significant factor for consideration is the cost of...

First 439 Last

Share
Profile

Follow
Quest09

1,949 Posts.

181

24/09/24

19:31

Post #: 75819318
Share

Originally posted by bubwell: ↑

Boy, somebody is working hard to cap the ASX share price of Kore.

Just trying to make sense of the Highfield deal to take on a Canadian potash project which is only at feasibility stage. Looks like from my reading that HFR will have a market cap of a billion smackers, up from $120m. The Canadian project is about 50% bigger than Kola, estimated at nearly 3mt/yr for 60yrs.

Anyway, I will be looking closer at their deal to get my facts straight hopefully, with the aim to get another perspective on how far KP2 is going to take us all.

Expand

Originally posted by zmickyzee1: ↑

My understanding is that if KP2 decides to develop their other 2 mines, then KP2s production output would be 4.5-5m tonnes per annum.
I firmly believe they will develop the additional mines over time.

Expand

Originally posted by Quest09: ↑

Also, another aspect of KP2's future potential (and hence KP2's future market cap) which is often overlooked has been described within this below statement, taken from the "Kore Potash Annual Report for the Financial Year Ended 31 December 2023". The statement is as follows:

"The Sintoukola Potash Project also hasdistrict-scale development potential with over 6 billion tonnes of potash mineral resources located approximately 35 kilometres from the coast".

So, the current Kola Project DFS determined Proved and Probable Ore Reserves totaling 152.4 million tonnes, and hence has a project NPV in the billions of dollars with this defined resource alone.................but just imagine the potential future value of KP2 with consideration to the "district-scale development potential with over 6 billion tonnes of potash"

Expand

Another significant factor for consideration is the cost of production.

KP2 costs a far lower than the Canadian Producers of potash (lower production costs means larger profits means larger market cap).

KP2 can produce potash at US $87/t FOB ("Free on Board" - meaning cost of production once loaded on the ship) or for US $102/t CFR ("Cost and Freight" - meaning cost and freight included in the price).

I believe these production costs are among the lowest in the industry.

KP2 Price at posting: 4.4¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

Most investors will get this earnings season wrong. Will you?

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

ASE

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

First 439 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 4.4¢		Change 0.000(0.00%)		Mkt cap ! $27.98M

Open	High	Low	Value	Volume
4.4¢	4.4¢	4.4¢	$19	428

Buyers (Bids)

No.	Vol.	Price($)
4	626266	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.5¢	242294	2

View Market Depth

No.	Vol.	Price($)
3	126266	0.042
3	405000	0.040
1	500000	0.035
1	500000	0.025
0	0	0.000

Price($)	Vol.	No.
0.045	242294	2
0.047	100000	1
0.049	176210	1
0.050	145500	2
0.054	20200	1

Last trade - 12.15pm 25/07/2025 (20 minute delay)

KP2 (ASX) Chart

Another significant factor for consideration is the cost of...

Most investors will get this earnings season wrong. Will you?

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Another significant factor for consideration is the cost of...

Top Stories

Most investors will get this earnings season wrong. Will you?

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News