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Kropz Plc ( (GB:KRPZ) ) just unveiled an announcement.
Kropz Plc, an emerging African phosphate producer, has announced a second drawdown of ZAR 30 million on its ZAR 200 million loan facility with ARC Fund, leaving ZAR 110 million available. This financial move supports Kropz’s strategic efforts to strengthen its operations and market position in the phosphate industry, particularly in sub-Saharan Africa.
More about Kropz Plc
Kropz is an emerging African phosphate producer and developer with projects in South Africa and the Republic of Congo. The company aims to become a leading independent phosphate rock producer and develop into an integrated, mine-to-market plant nutrient company focusing on sub-Saharan Africa.
Average Trading Volume: 87,685
Technical Sentiment Signal: Sell
Current Market Cap: £10.19M
For a thorough assessment of KRPZ stock, go to TipRanks’ Stock Analysis page.