EXPLORATION & DEVELOPMENT

Beauty of timing in mining a Kore issue at Kola potash project

IF THE Kola potash project in Republic of Congo was in production today it would be generating average earnings of about US$2 billion per annum. Two billion!

Beauty of timing in mining a Kore issue at Kola potash project

Owner Kore Potash is currently capitalised at just over A$60 million. Thus the beauty of timing. In reality though, Kore needs to find US$1.83 billion to build the thing, which is a circa $500 million...

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