Kropz Plc (GB:KRPZ) has released an update.
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Kropz Plc, an emerging African phosphate producer, has announced its final audited financial results for the 15-month period ending March 31, 2024, alongside a notice for an upcoming General Meeting. The period was marked by significant corporate restructuring, including leadership changes and multiple bridge loan agreements to support its Elandsfontein project. Despite challenges such as production delays and below-expected sales volumes, the company has begun establishing a customer base for its phosphate products in international markets.
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