Kropz plc

Primary ticker: LON: KRPZ
Stage of development: Exploration, Production, Development
Primary minerals: Phosphate
Project to promote: Elandsfontein, Hinda, Aflao

Live financials

Kropz is an emerging plant nutrient producer with an advanced stage phosphate mining project in South Africa, a large-scale phosphate project in the Republic of Congo and exploration assets in Ghana. The vision of the Enlarged Group is to become a leading independent phosphate rock producer and to develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.

Management Profile

Ian Harebottle, Chief Executive Officer

Ian Harebottle is responsible for leading the development and execution of the Company’s long term strategy with a view to creating shareholder value. He is also ultimately responsible for all day-to-day management decisions and for implementing the Company’s growth plans. Ian has a strong transactional background in start-ups, mergers, acquisitions and stock exchange listings.
For the past 16 years Ian has been actively involved in the mining sector, and his tenure as Chief Executive Officer of TanzaniteOne Ltd and more recently of AIM-quoted gemstone miner Gemfields plc, has delivered a consistent record of creating shareholder value via strong operational results in growth, revenue generation, operational performance and profitability.

Mark Summers – Chief Financial Officer

Mark Summers is responsible for the finance function, administration, structuring of projects, accounting, taxation and corporate finance. Mark joined Kropz in 2015. Mark has over 20 years of experience as a Chartered Accountant in the mining and resources industry, predominantly in Africa. His extensive experience as a senior mining executive spans various financial positions at a number of companies including Anglo American plc and HSBC plc. Prior positions included Chief Financial Officer of Gemfields plc, Chief Financial Officer of Amari Resources Ltd, MDM Engineering Group Ltd and TanzaniteOne Ltd. Mark holds an Honours Degree in Accounting from the University of Johannesburg.

Michelle Lawrence, Chief Operating Officer

Michelle Lawrence is responsible for the technical and operational functions at Kropz, including the design and development of mining, mineral processing and related infrastructure. Michelle joined Kropz in January 2014. Michelle has 16 years of experience in mining and minerals processing. Prior to joining Kropz, Michelle held various roles in the mining industry including operations manager at Impala Platinum Ltd; design engineer at DRA International Ltd and Ausenco Ltd and Minerals Analyst at Qinisele Resources (Pty) Ltd. Michelle holds an Honours Degree in Chemical Engineering from the University of Cape Town.

What is your rationale for attending 121 Mining Investment?

To promote the Company withing the investment community

What recent news would you like to highlight to investors attending?

Confirmation of circuit modifications at Elandsfontein, ratification of Mining Investment Agreement for Hinda

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Positive final test work results of Elandsfontein, confirmed budget and schedule and appointment of EPCM for Elandsfontein Optimisation programme

6 Months:

Positive exploration results at Aflao in Ghana

12 Months:

Near completion of circuit modifications at Elandsfontein, results of Hinda feasibility study for optimised capacity plant

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Achieving goals and objectives on time and within budget

In a sentence, what do you think makes your company such a compelling investment?

Bottom of cycle sector, US$170m already invested, near term positive cash flows and incredible asset portfolio, long term growth potential.