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Kore Potash to list on AIM at end of March

Published: 00:30 17 Mar 2018 AEDT

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Kola is a huge potash development

Kore Potash PLC (ASX:KP2) filed its application for admission to list on AIM at the end of the month.

At the same time, the currently Australia-listed fertiliser company will also get a secondary listing on the Johannesburg stock exchange.

READ: Kore Potash adds to exploration acreage in Republic of Congo

Kola, in the Republic of Congo, is Kore’s flagship project.

A definitive feasibility study is ongoing and scheduled to be published early in the second half of 2018.

Kola is a huge project, with a pre-feasibility study putting construction costs at US$1.8bn, though these may be trimmed considerably when the DFS is published.

At Kola, and its other licences at Sintoukola, Kore has over 5bn tonnes of high grade potash.

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