Kore Potash

Website: www.korepotash.com
Primary ticker: AIM:KP2, JSE:KP2, ASX:KP2
Stage of development: Exploration
Primary minerals: Potash
Project to promote: Dougou Extension

Live financials

Kore Potash is a potash exploration and development company whose assets include the flagship 97%-owned Sintoukola (Kola) and the Dougou Extension (DX) potash project, located within the Republic of Congo.
The company is busy with the DX pre-feasibility study which was successfully funded on the back of the scoping study results which indicated a low opex and strong cash generative operation with estimated up-front capital costs of US$327 million. The Kola EPC optimisation process is ongoing with both the French Consortium, who are looking to optimise their EPC offer, and with alternative contractors who have submitted priced bills for consideration.

Management Profile

Brad Sampson – CEO

Brad Sampson has more than 25 years resources industry experience building and operating large scale mining projects internationally including in West and Southern Africa. A qualified Mining Engineer, he has held leadership and board roles in several public listed companies.
Brad recently was the CEO during the turnaround of Tiger Resources, a copper producer in the DRC, and held senior positions in Newcrest Limited including the role of General Manager West Africa.
He has previously been the CEO of Discovery Metals and held General Manager roles at Gold Fields operations in South Africa and Australia.