Just found an interesting article which i believe significantly increases the chances of a successful signing of the EPC contract between PowerChina and Kp2 (see article below).
In November 2023, just past, PowerChina signed a major contract to build a highway from Bossarangba to Mbaikiin in the Central African Republic (US $65 million in value).
The highway starts in the Republic of Congo's (RoC) city of Pointe-Noire. Pointe-Noire in the RoC is the city in which KP2 is building its potash mine.
If PowerChina has already signed a contract to build infrastructure within the RoC, then it is highly likely that PowerChina would be super interested in having a second construction project within Pointe-Noire (exactly where Kp2's project exists). Reason being, PowerChina's mobilisation costs for the highway project will cover a large portion of the mobilisation costs of KP2's project if PowerChina also secure the KP2 EPC contract, meaning a larger profit margin can be achieved by PowerChina if it builds two major project in Pointe-Noir, rather than just the one road project.
Basically, the economy of scale is MUCH better to build two major infrastructure projects in Pointe-Noir than it is to build one project.
GLTAH. =)
- Forums
- ASX - By Stock
- KP2
- KP2 Discussion
KP2 Discussion, page-6
-
- There are more pages in this discussion • 332 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KP2 (ASX) to my watchlist
|
|||||
Last
3.2¢ |
Change
-0.001(3.03%) |
Mkt cap ! $22.62M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.2¢ | $6.162K | 189.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 254695 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 298774 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 254695 | 0.032 |
2 | 2000000 | 0.031 |
1 | 1000000 | 0.030 |
1 | 1000000 | 0.028 |
1 | 51220 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 298774 | 2 |
0.035 | 1000000 | 1 |
0.036 | 188454 | 2 |
0.037 | 127619 | 1 |
0.038 | 200000 | 1 |
Last trade - 15.46pm 15/08/2024 (20 minute delay) ? |
Featured News
KP2 (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online